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In this video, Mark from Think Insurance explains the difference between an insurance quote and a policy. An insurance quote provides a general estimate of coverage costs but does not account for various factors that influence the final premium. He will discuss the elements that quotes typically consider and those they do not. Additionally, Mark will demonstrate how to obtain the best insurance quotes and explore different coverage packages available, which can range from basic to premium options. These packages vary by company, and a quote generally reflects only the basic coverage type selected.