Why Do Auto Insurance Insurance Companies Require Personal Information?
Almost all standard insurance companies doing business within the United States require both a Social Security Number along with a Date of Birth for the main applicant on an insurance plan in order to help you to process a quote. This pertains chiefly to car/auto and homeowner policies. You may not agree with it and you also may not like it, but that’s simply the way it is. In case you choose not to provide this info that’s wonderful and it’s certainly your prerogative, but realize that we may be limited to just a few select companies which will provide quotes without an SSN being provided and these quotes might not be totally accurate because no insurance score was developed. It isn’t up to 01autoinsurance.com as to whether or not to get this information, this is a condition of virtually all insurance companies and we don’t have any control over this.
In Addition, insurance agents NEVER see anyone’s credit score, all that’s seen is a premium at the end of the quote. All premium and insurance score calculations happen internally and agents have no access to your credit advice. Although you aren’t applying for ‘credit’ in the real sense of the word, the insurance industry is conditioned by statistical and actuarial risk analysis and management, and mathematically speaking, individuals with lower FICO (credit) scores have a higher propensity to file a higher than-average amount of claims for higher dollar amounts. Therefore, when creating an exact quote for the risk involved, the insurance carrier needs both the applicant’s Social Security Number and Date of Birth to verify identity and recover credit data within the history as a way to establish a premium rate appropriate for the risk.
How To Get These Quotes Without Your Personal Information
Getting auto insurance quotes without using your own personal info is extremely significant and crucial. In this day and age when nearly everything can be done online, any personal data which you give out can be used for nefarious activities and immediately accessed by unscrupulous individuals. Therefore, getting auto insurance quotes without using your own personal information could be the safest thing you could do in order to get the info you require about insurance rates.
Because you are merely comparing premium rates of several automobile insurance providers, you don’t need to provide them with sensitive information about yourself. In the event you aren’t careful, your private information might be utilized or stolen by persons who will use them for other functions which may even get you in trouble with the law.
Bad Things That Could Happen
Another reason that you should think about getting auto insurance quotes without using your own personal information is because there are lots of counterfeit websites on the net. They could promise to be insurance companies willing to give you fast quotes but in fact, they’re only collecting info from unsuspecting and innocent consumers. They will later sell all the information that they gather to advertising agencies. The advice you’ll give to these counterfeit insurance companies are the “raw material” for their illegal business.
How To Get These Quotes
Consider this: by getting insurance quotes on-line, you’re merely attempting to understand what it’ll cost to have your car insured. Therefore, getting auto insurance quotes without using your own personal info is absolutely legal and okay. Actually, in the event the insurance provider asks for this particular advice right off the bat, you are better off looking someplace else.
In fact, the sole things they’ll want from you are the place or zone in which you reside and you car’s make and model. They’ll have the ability to determine in case your town, county, or city is prone to car accidents or not, as soon as they understand your place. Should they understand the brand of your vehicle as well as it was made the year, they’ll already have a notion of its own fundamental premium rate. From this information, they could already give a quote to you.
It is usually better not to give your info away. Getting insurance quotes without using your own personal info is with no doubt the wiser and safer choice. Give them just the information that they require in order to provide a quote to you and nothing more.