Where is the best place for auto insurance quotes?

Answer 1

There is a plethora of information online that can give you a general idea of insurance premiums for auto coverage. This includes sites of insurance companies and agents/brokers. However, laypeople are often unaware of the complexities of insurance generally, including auto insurance and how premiums are determined. For example, factors that enter the premium calculation include the coverages sought, the make and model of the car, how many miles it is driven, whether it is used mainly for work or pleasure, and even where it is garaged (that is, your home location). There are many other factors as well.

A licensed insurance agent or broker is usually the best source for an accurate quote and advice. The line is sometimes blurred between agents and brokers and the word "agent" is starting increasingly to be used for both. However, when someone does hold themselves out as a broker, it means that they can accept applications and submit them to a variety of insurers. Historically, an agent represented a singly, or very few insurers.

In all events, make sure that the agent or broker is licensed in the state in which the policy will be issued (where you live). Licensure can be confirmed by contacting the insurance regulatory authority of that state.