Insurance quotes for CT: put down full price or vehicle price?

[illadave]

Might be a dumb question but I’m looking for auto insurance quotes and wasn’t sure what to put down for the vehicle price. Is it the full price (AWD + Foundation series at $99,990) or just the “vehicle” price ($79,999) that should be listed in the insurance quote?

Sponsored

 

[mark555055c]

You would want to list purchase price at the 99k. In the event of the vehicle being in an accident or damaged early on, you could end up with insufficient coverage or even denial of a claim if they find you undervalued the vehicle.

The premiums will likely not budge much with the value set at 99k vs 79k.