Insurance companies price their products by using a complex formula comprising of hundreds of data points. They look at factors of the individual such as insurance or credit reports, claim history and DMV reports. They also look at characteristics of the house or vehicle you want to insure. With that being the case, we try to simplify the process as much as possible for our clients. We comprised a list of documents we can use which will contain a majority of the information we need to prepare your quotes. We do this to respect your time and avoid lengthy conversation and redundant back and forth emails. See below:
For a Homeowners Insurance Quote:
-Full Names of the Insured's as it is, or will be, written on the deed and mortgage.
-Dates of Birth for the named Insured(s)
-Prior Address (Or current address if quoting a new purchase)
-Mortgagee Clause and Loan Number
-Current Policy (for homes with existing insurance)
-Bank Appraisal (for new purchases, if not waived by the bank)
For an Auto Insurance Quote:
-Full names of all drivers and dates of birth
-Drivers License ID Numbers
-Garaging Address (Home Address)
-Year, Make and Models of each vehicle on the policy
-Vehicle ID numbers (VINs) of each vehicle on the policy
- Current Policy Liability Limits and deductibles (this is for comparisons purposes)
-Insurance companies typically run an MVR, CLUE (Accident History) and Soft Credit Reports on drivers and named insured(s), for pricing and underwriting.
NOTE: Typically photos of the drivers licenses of all drivers and a copy of the current auto policy declaration pages will supply all of the above information. The declaration pages are the first few pages of a policy that list drivers, vehicles and shows the liability limits and deductibles.