When applying for auto insurance coverage, it pays to provide the insurance company with accurate information. Auto insurance companies ask a series of questions to determine the auto owner’s level of risk and what type of coverage they qualify for, as well as what rates to charge. To get the best combination of affordable rates and quality coverage, the customer needs to give the insurance company the right answers to its questions.
All the questions the insurance company asks are important ones. Rather than guess about any of the information that the insurer asks for, take the time to find out the right answer. Making estimates or guessing is not the right way to fill out an application for insurance. It may mean that the application for coverage can’t be completed in one session, but taking the time to gather accurate information means that the quote for coverage will be an accurate one.
It also means that the insured doesn’t have to be concerned about the possibility that the insurance company may review the information provided after the policy is issued and either deny a claim or start a fraud investigation. No one wants to pay premiums for a policy, assuming they have coverage in place, and then find out that they aren’t covered after they report a loss.