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A wiser way to insure - use the web. Part 2

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

 

 

Author: Tom Warden

The problem seems to be complacency, rather than the hassle of looking for a new 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, ( pet insurance ) 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. 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 ( cheap secured loans ) 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 ( car insurance quotations ) 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.