How to Gather Information to Get a Commercial Auto Insurance Quote

You need a new commercial auto insurance policy. In order to make sure that you will get the best rates and coverage, you need to have the all of the right information on hand when doing your research. Whether you are talking directly to an insurance agent or you are filling out a form on the Internet, having the information at your fingertips will help ensure that you are getting the most accurate information about the policy that you need.

Difficulty: Moderately Challenging

Instructions

1. Determine which cars you will need to insure under the commercial auto insurance policy. You will need the make, model and Vehicle Identification Number (VIN) of each vehicle.

2. Decide how the vehicle or vehicles will be used. Will they be used strictly for commercial use or will they also be personal-use vehicles?

3. Research the value of the vehicle. The "Kelley Blue Book" is a good source of vehicle value information. You can go to the Kelley Blue Book website or a variety of other websites, such as Edmunds.com, to determine the value.

4. Collect all of the information about yourself and any drivers that may be using the vehicle. You will need the name and address of each driver, their driver’s license number and the state in which the license was issued, their date of birth and social security number and any accidents or driving violations in the past three years. Be sure that you include everyone that will need to be insured under the commercial auto insurance policy.

5. Calculate the normal driving distance that the vehicle will be used. If you work in a home office and don’t drive very often your policy, should reflect the limited use. If you drive far distances on a daily basis, it is important that your policy covers this type of use. The driving distance doesn’t need to be exact but needs to be realistic.

6. Organize all of your information logically and begin your research. Having all the appropriate and correct information beside you will help make your insurance policy search easier.