• 1930 E Rosemeade Pkwy Ste 215 Carrollton, TX 75007
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Why Auto Insurers Request This Information

why auto insurance companies ask these questions

Here’s why auto insurance providers ask you for this info.

When getting a quote for auto insurance in Carrollton, Texas, you will be asked to provide certain pieces of information.  But why do auto insurers want this information?  Here are some of the things that auto insurers will ask for and why they request this information.

Your Social Security Number

While you are not required to give your social security number to get an auto insurance quote, most insurers will give you the option to provide this information.  When you do supply your social security number, the insurance company will use it to run a soft credit check on you.  Because your insurance rates are highly dependent of your credit rating, running this credit check will allow the company to offer you a more accurate quote.

Your Vehicle Identification Number (VIN)

When getting a quote, you will be asked for your vehicle’s year, make, and model.  However, you will also be asked for your VIN.  While this might seem like overkill, your VIN actually supplies detailed information specific to your car.  For instance, it tells which safety features you have installed in your vehicle.  The more that your insurer knows about your car, the better they can estimate your insurance costs.

Your Home Ownership Status

Finally, auto insurance companies will ask if you own a home.  But what does home ownership have to do with your auto coverage?  Well, to start, homeowners tend to be older and, therefore, more cautious drivers.  This means that they tend to be less risky to insure.  Additionally, homeowners might need higher coverage limits on their auto insurance because they have more financial assets to protect.  Finally, being a homeowner might unlock special discounts on your auto insurance.  All these factors will influence your coverage needs and will therefore affect your insurance quote.

This is why auto insurers request this information from you.  Do you have further questions regarding your auto insurance in Carrollton, Texas?  Then don’t hesitate to contact the experts at Mike Leonard Insurance Agency.  Our dedicated team is eager to find you the right coverage from one of our many carriers including: Kemper, MetLife, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance.