A wiser way to insure - use the web.

Summary: With rising high street prices and less flexible deals, the smart consumer is going online to shop for car insurance.

 

Author: Tom Warden

Traditional car insurance companies are beginning to raise their prices,

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taking for granted that their existing customers will too lazy to shop around each year. So Is there a better place to buy your insurance without expending too much time and effort?

Yes most certainly! The Internet is a growing rapidly as a cheap way to buy almost anything with auction sites to sell your unwanted goods, specialist music, book and film sites. Indeed, ( mortgage rates ) you can find cheaper versions of almost anything you could want.

Most high street companies have now cottoned onto the idea of having a web-based side to their business, where customers can sort out what they want without having to talk face-to-face - which many of us find a chore. However, what doesn't seem to have dawned on the customer yet is that online, almost everything is cheaper, including insurance.

That's all well and good, you say, but I don't want to spend hours online searching through websites to find myself the best deal, its no less hassle than going out and doing it.

Well, if you go shopping for a car insurance quote online you can even have the 'legwork' done for you. All you do is go to a site operated by a car insurance broker. You enter your details online and they'll, trawl through all the car insurance companies for you. Then, within minutes you'll then be offered a really cheap price.

The problem seems to be complacency, rather than the hassle of looking for a new ( motor insurance quotes ) car insurance quote and switching insurers. Most consumers, 23% in fact, choose to stick with their existing insurer, purely because it's much easier. Of course we all have things to do, work to go to, things more deserving than car insurance - and yes, it is easy to stick with what you've got. But, fifteen minutes of your time is not a lot to reduce your premiums, especially when many sites will do all the work for you.

Still don't believe it's worth it? Then have a look at how much you could save!

Customers buying their insurance online, on average, save £55 on their premiums and, online, you can find several different deals such as multi-car insurance and pay-as-you-go. { life assurance }The Internet makes it easier for drivers at both the younger and older ends of the spectrum (those who normally get the poorest deals), to find great value for money.

Traditional companies are however, defending their price rises and trying to keep their customers. Citing inflation as the reason behind it all an AA spokesman said: “If we don't start to see modest price increases, then there could well be an unpleasant or sudden price hike. This will not be good for the industry's reputation or our customers."

So, if you have no qualms about having to pay extra on your ( pet insurance ) premiums every year, then happily stay with your current insurer. But, if you have an eye for a bargain spare fifteen minutes to shop on the Internet. You might just find that it's a goldmine.

Click here for part 2

 

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