What Is a Free Quote?


Quick Answer

A free quote is an estimated cost of services provided by a company for free. Free quotes are often available online or by calling the company directly. Free quotes are typically used to compare prices between companies providing the same services, such as insurance companies.

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Full Answer

Free quotes typically require the user to enter personal information to receive an accurate rate. For auto insurance quotes, the information required is typically the odometer reading, the car make and model, and the driving record of the user. The physical location of the driver also heavily affects the rate quoted, as well as the typical cost of repairs for the vehicle.

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