Reader’s Question:

Do companies offering cheap car insurance quotes online honor the quotes when you actually avail of the insurance?

Kim

Sacramento CA

Cheap car insurance quotes online provided to prospective clients are just estimates of the actual premiums that the buyer will have to pay. They often do not include taxes and fees that are government mandated. The real premium could actually be higher compared to the cheap car insurance quotes online because of these additions. But it doesn’t mean the insurance company has not honored the quote. You just have to look at the itemized additional fees to better understand the actual premium, or you can ask the insurance provider to explain how they arrived at the computation. Companies providing cheap car insurance quotes online will honor them, with the addition of taxes and other fees, provided that every information you have provided is correct and accurate. Insurance companies need also to protect themselves from fraudulent transactions. Before the quote is honored, the prospective buyer has to show proof concerning the authenticity of the information he has provided, otherwise, the company has the option to reject the application or entirely change the computation. In every transaction, both the buyer and the seller should display good faith. Also, the buyer and the seller can still negotiate before the actual signing of the actual so that the premium will actually reflect the cheap car insurance quote obtained online.