Things You'll Need:
- Declaration Page
- Vehicle Identification Numbers
- Lienholder Documents, if applicable
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Step 1
Make sure that you are familiar with coverage options. Review the declaration page to ensure the coverage meets your needs. If you are purchasing insurance for the first time or after a lapse in coverage, consider the coverages that you need and make note of each one. If you are financing or leasing a vehicle, you must consider what deductibles you want to carry for comprehensive and collision coverage. Remember, the higher your deductible, the lower your premium will be.
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Step 2
Provide an accurate and detailed history of your driving record. Many carriers will not verify an applicant's driving record until the time of purchase. The quote given is only based on the information provided up front.
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Step 3
Complete your application and compare rates. Verify that each level of coverage is close in value for every carrier you will be comparing. For example, if you select a zero deductible for comprehensive and collision and one carrier does not offer a zero deductible, choose a $100 deductible.
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Step 4
Consider the financial ratings and standings of the carrier. A.M. Best provides insurance ratings for all insurance carriers and companies throughout the world. A.M. Best is a leading insurance rating company. A strong rating is a B+ or higher.
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Step 5
Select the policy that meets your needs. Consider the coverages, prices, policy terms and carrier standing. An agent can assist you in completing your policy purchase, if needed. Most carriers require a policy down payment. Online purchases are usually completed with credit card or debit card. You may be required to complete a vehicle photo inspection, provide signatures and proof of prior insurance. Your new carrier will provide you with the details.
