A quote via phone may be a brokers estimation of the premium, training requirements, and terms based on their experience or best guess. This type of estimation can be useful when you’re researching a purchase or budgeting for an upgrade. Firm terms come after a full application goes to the underwriters, and the final number can move up or down depending on the details they review like aircraft type and value, pilot age, total time, make and model time, state location, liability limits, and use. Be aware of the limitations of verbal estimations of insurance if you are looking for accurate premiums and training requirements.