When it comes to car insurance, there are a lot of different factors that go into calculating your premium. One of the most important things that insurers look at is your driving history. But what other information do they need in order to give you an accurate quote? In this blog post, we’ll take a look at some of the documents you’ll need to provide when shopping for car insurance. We’ll also touch on some of the information that insurers will use to calculate your rates. By the end of this post, you should have a better understanding of what goes into getting car insurance and how to make sure you’re getting the best possible rate for coverage.
The Different Documents & Information Needed For Car Insurance
When you’re shopping for car insurance, you’ll need to provide some information about yourself and your vehicle. Insurers will use this information to calculate your rates and determine the level of coverage you need. Some of the documents you’ll need to provide are the following:
Vehicles Identification Number (VIN)
The VIN is a 17-digit number that uniquely identifies your vehicle. You can find it on the dash, door jamb, or windshield of your car.
Driver’s License Number
Your driver’s license number is used to verify your identity and check your driving record.
Copy of Ownership
A copy of ownership is required to confirm that the vehicle is owned by the named insured. Companies can deny coverage otherwise.
Proof of Insurance
If you’re currently insured, you’ll need to provide proof of insurance when you switch insurers. This document is also known as an insurance binder or declaration page.
Years of Prior Insurance Coverage
If you have prior insurance coverage, you’ll need to provide the dates of coverage. This information is used to calculate your rates and determine if you’re eligible for certain discounts.
Vehicle Registration
You’ll need to provide your vehicle registration when you apply for car insurance. This document proves that you own the car and have the right to insure it.
Vehicle Details
When you apply for car insurance, you’ll need to provide some details about your vehicle. This includes the make, model, year, and body style. You’ll also need to provide the vehicle’s value and the miles driven per year.
Driver Details
In addition to providing information about your car, you’ll also need to give some details about yourself. This includes your name, address, date of birth, gender, and marital status. You’ll also need to provide your Social Insurance Number so that insurers can run a credit check.
How Much You Drive
The amount you drive is one of the most important factors in calculating your car insurance rates. The more you drive, the higher your rates will be. If you don’t have a regular commute, insurers may offer a low-mileage discount.
Your Driving History
Your driving history is another essential factor in calculating your car insurance rates. Insurers will look at your past accidents, traffic violations, and claims to determine how likely you are to file a claim in the future. Accidents are rated for six and sometimes ten or more years. Convictions are three years; major convictions such as a license suspension, careless or handheld are ratable for six years. The better your driving record, the lower your rates will be.
Car Insurance Is Easy With An Insurance Broker At Your Side
Now that you know what documents and information you need to get car insurance, it’s time to start shopping for a policy. And there’s no better place to start than with an insurance broker. Insurance brokers are licensed professionals who work with multiple insurers to find the best coverage at the best rates. They’ll do all the legwork for you and make sure you’re getting the coverage you need at a price you can afford. So don’t wait any longer; contact Will Marshall Insurance Brokers today!