Incomplete or Estimated Information: Quotes are often based on the information you provide—such as your address, vehicle, driving history, and coverage preferences. If any details are missing, estimated, or later found to be inaccurate (for example, undisclosed accidents or tickets), your final price can change.
After you apply, insurers conduct a deeper review (underwriting), verifying your driving record, credit score, claims history, and other risk factors. Discrepancies or new information uncovered during this process can raise or lower your premium.
Rate Changes and Regional Variables: Insurance rates fluctuate based on location-specific risks (like theft, weather, or fraud) and broader market trends. Even if your quote is recent, a rate adjustment by the insurer or a change in your region’s risk profile can affect your final price.
Coverage and Deductible Adjustments: If you modify your coverage amounts, deductibles, or add/remove optional protections after receiving a quote, your premium will be recalculated.
Some discounts (e.g., for bundling, safe driving, or telematics) may not be fully applied until after policy review, while surcharges for factors like lapses in coverage or high-risk vehicles may be added later.
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