Part 1: Why do we ask for personal information for “just a quote”?
We often get asked this question when we have prospective clients call looking for an insurance quote. There may be instances when we can tell you a general amount of what we are seeing in a certain area, but for the most part, the companies need to identify you to give you an exact, or even estimated, rate. We really want to assist you and get an understanding of all of your South Carolina home insurance needs, and the following information will help us with that.
Real Name and Birth Date: Companies need to verify who you are by your real name and birth date. Not only does this verify who you are, but certain ages could get certain credits and so on.
Occupation: You wouldn’t think it would have an effect on rates, but your occupation is important. It is always a question on the applications we submit to our carriers. For example, there are discounts available for retired individuals and insurance agents are less likely to get preferred rates.
Social Security Number: It is important to understand that insurance is listed under the financial catagory, which means yes, in most cases, a part of the rate is going to be based of the insured financial credibility. Many carriers need to know the social security number for the named insured. This is used to identify the insured as well as research possible claims history. We always ask if it is ok to use this information.
Previous Address: If you have lived at your home less than two years or if the quote is for a new purchase, the carrier requires your previous address. Again, this is used to identify you.
Email Address: We know this is a tough one, even in the digital age because there is so many pointless emails floating around out there. Carriers require and email address in many cases because that is the way they may deliver important documents, including renewal information in policies. We ask for your email address so that we can deliver the quotes to you this way as well as a second means for correspondence.
We know there have been many cases of identity theft across the United States, but we want you to know that you can trust our South Carolina Insurance agency with your personal information. We take all of the necessary precautions to keep all client information confidential.
Check out the 2nd of this two part series next week!