1. 15645 POINTS
    Edward HarrisPRO
    Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
    We are very careful when offering online quotes to customers. Accuracy is essential, and comparison of the top-rated companies is a must.

    However, an online quote is based on the information provided by the consumer. Therefore, since not all information is provided, and there are always additional underwriting requirements, it's wise to verify the quote's accuracy so you can effectively determine your savings.

    It's also important to ensure the liability limits are going to be high enough, yet stay within the budget constraints of the customer. The same applies to deductibles.
    Answered on April 1, 2014
  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Theoretically they should be quite accurate.  A company can identify you, all the drivers in your household, every moving violation or accident that you have had, the VIN of every vehicle registered to your address and can do the computations quickly and accurately.  Will that be best for you, probably not?  Price isn’t everything.  If you don’t have adequate limits to protect you when you have a claim then you have made an expensive decision.    You might have saved a few dollars but the claim could send you into bankruptcy.
    Answered on April 1, 2014
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