why your car insurer needs this personal information

Why Your Auto Insurer Asks for This Information

Here’s why your auto insurer requests this information from you.

If you’ve ever gotten a quote for auto insurance in Plano, Texas, then you know that the car insurer will request certain pieces of information from you. But why exactly do they need this personal information? Here’s why your car insurer requests this data.

Your Social Security Number (SSN)

While you’re not required to provide you SSN when getting an auto quote, your auto insurer will suggest that you supply this information. When you supply your SSN, the auto insurance company will use it to run a soft credit check on you. Because your insurance premiums are greatly affected by your credit rating, this soft credit check will allow your insurer to give you a more accurate quote. So, providing your SSN will ensure that you are getting the most accurate quotes possible.

Your Vehicle’s Identification Number (VIN)

Even though your insurer asks for your car’s year, make, and model, they will also request your VIN as well. While this may seem like overkill, it’s important to understand that your car’s VIN is a serial number, with every number and letter offering a specific piece of information. For instance, your VIN will indicate special features of your car such as side airbags, anti-theft devices, and so on. By supplying your VIN, you will also get a more accurate quote for your insurance.

If You’re a Homeowner

What does owning a home have to do with your auto insurance? Well, auto insurance companies ask if you are a homeowner for several reasons. To start, homeowners tend to drive more cautiously and have a reduced chance of getting into an accident. Additionally, if you own a home, you might require higher personal liability limits to better protect all your financial assets. Finally, being a homeowner might unlock special discounts on your auto insurance.

This is why your car insurer requests this information from you.  Do you have further questions regarding your auto insurance in Plano, Texas?  Then don’t hesitate to contact the experts at Tri-Star Insurance/HUB International.  We are ready to assist you with all your insurance needs.

Don’t be shy. Give us your questions, feedback and opinions on this topic.