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What’s a “quote”? In reference to insurance quotes and business stuff?

  1. Chris L
    March 7th, 2009 at 12:56 | #1

    They are saying that they will give you an estimate of what you pay if you will use them vs another company.

  2. mbrcatz17
    March 10th, 2009 at 08:47 | #2

    An estimate of how much it will cost.

  3. Wauka
    March 10th, 2009 at 11:31 | #3

    A quote is an estimate of what you would pay if you decided to go with the company that is providing it. It usually comes after you are asked a series of questions in order for them to determine what category you fit into. For example, if you were getting a quote for car insurance, they want to know how old you are, male or female, what kind of car you have, etc. Then they can give you a quote based on the information you have given them . Be careful though, because the quote you receive in the beginning could be lower than what you are actually going to be paying. This is done to entice you to go with their company and then later, hidden charges and fees could be added on. Make sure you know exactly what the price is before you sign anything!

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