Getting your first car is one of those firsts that many put into family photos. The ritual of looking for that perfect car that fits your budget is one that is most memorable. The dirty work on the other hand is the memories that we try to forget. We all remember the time we lost our first tooth but not our first trip to the dentist. The same can be said about purchasing cars. Almost everybody forgets the first time they get there insurance. For those first timers here are a few of those steps. Don’t worry going to the dentist is a far worse experience.
The first step is getting the insurance quote for your car. When you get an insurance quote, you usually answer an application form asking for a little bit of general information about yourself such as your name, address, phone number, social security number and how long you’ve had a valid driver’s licenses. Be careful when writing information here because this will be used to calculate your auto insurance rate.
An insurance rate is the calculated amount in which to charge you of insurance. This value is calculated based on the different information of yourself and your past driving history if ever. Your social security number can also be a factor in determining your rate because of your credit information.
After your personal information, the auto insurance company will also ask for some facts regarding your car such as the means of payment for your car, the year, make and model of your car, its safety equipment and its vehicle identification number. Be ready for this information upon request so that your application will be processed faster. If you don’t know where to find your vehicle identification number, it is located in the dashboard of the driver’s side. It’s a metal plate containing a combination of 17 letters and numbers.
The next step would be on your current insurance policy if you have any. Insurance companies need this in order to see your declarations page which basically shows your coverage and their limits and their expiry date. Having a previous insurance policy could add help in lowering your insurance rate because you will be viewed as a lower risk in giving insurance.
Get all of this information down and your all set to get your rates. Remember to also inquire about what other special coverage your auto insurance company can cover such as student discounts and good driver discounts so you can get the most out of your policy. After that your all set to drive. Remember that even if you have insurance, it still saves more money to be careful. Now that wasn’t that hard was it?