Motor Insurance Quotes Revolutionised By The Internet July 25, 2008
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Author: Daniel Collins
Article:
The internet has been responsible for revolutionising the way we
do many everyday things. Take motor insurance for example. As
recently as ten years ago, the best way to get comparison
quotations for a number of insurers was to go to brokerage, give
them your details and then ask them to find the best deal. Or if
you had a couple of days to spare you could opt to do it
yourself and ring insurance companies to get quotes.
That was under the presumption that you were looking for a
better deal or maybe trying to arrange motor insurance for the
first time. In those days, a lot of drivers who already
possessed insurance quite happily accepted the new premium
offered by their current insurer on renewal, rather than go to
all the trouble of shopping around for a new deal.
If you decided to go down the insurance broker route you left it
to up them to trawl through all the insurance companies’
offerings to find the best deal to suit you, and after a few
days they’d present you with several options. Normally, the
joint decision would be to opt for the policy with the cheapest
annual premium, although only after reading the small print and
making sure it was the right policy for you.
Sometimes, however the cheapest policy wasn’t an affordable
option as some insurance companies insisted upon full payment of
the annual premium up front. If you could only afford to pay
your motor insurance monthly, then your options would be limited
to a policy that was cheapest on a monthly payment basis.
However, getting a car insurance
quote is no longer a time-consuming process or, for the
time-starved, one that you have to leave to a third party. Now,
because of internet technology you can go straight to the
insurers’ own websites, or even price comparison and
aggregation sites which allow you to enter all your personal and
vehicle details once and then the best options are presented to
you within seconds, after being compared to all the insurance
companies who partake in the aggregation.
It is important though, even in these days of instant quotes to
ensure that you get the best deal by looking carefully at the
policy details and don’t just consider the headline monthly or
annual premium. Motor insurance deals offer variable levels of
cover, and excess limits also vary widely, with some insurers
tying increased voluntary excesses to a reduction in premium.
Types of usage of the vehicle can also affect the price of
insurance offered, but make sure that you are honest about how
you use your vehicle and remember to disclose any driving
convictions as they too affect the amount of premium.
Also, before shopping on the internet many policy holders of
existing non-motor insurances should check whether their
insurance companies offer discounts or other incentives for
adding motor insurances to their personal portfolio.
About the author:
Daniel Collins writes on a number of topics on behalf of a
digital marketing agency and a variety of clients. As such, this
article is to be considered a professional piece with business
interests in mind.
