Getting an auto insurance quote online.
More and more insurance companies are launching e-commerce sites
where you can buy insurance products online, without ever talking
to a person, at least in theory.
There is a lot of competition among insurance brokers, and the
internet is already full of website advertisements encouraging
you to do all your insurance business from behind a computer desk.
Buying auto insurance online can be beneficial to both customer
Shoppers save time and insurance companies save on resources
and overhead costs.
Online auto insurance survey.
Some web sites which say they promise on line insurance quotes
will eventually ask the customer to phone for the quote, or they
will try to record your phone number for an agent to call you
back. More sophisticated web sites, usually larger insurance companies,
have the ability to take you through a survey where you answer
about 40 questions and are provided with an actual on line auto
insurance quote. All the information is recorded, but it will
need to be verified when you finalize the deal.
Information needed to get an internet auto insurance
Insurance companies use statistical data to assess the
potential risk of your getting into an accident. The main factors
- age; younger drivers pay more for auto insurance since they
are more likely to have an accident.
- sex; in general, policies for men are more expensive than
- your marital status; married people have less insurance claims
and tend to drive in a more safe manner than unmarried people.
Married people also get discounts on auto insurance policies.
- driving record; no accidents or tickets always means lower
online insurances rates.
- distance you drive; the less you drive the less you
pay for auto insurance.
- where you live; in some states an auto insurance policy is
very expensive, in others it is quite cheap. It all depends
on how congested the area is, and on the number of insurance
claims in that area. There are also great differences in cities
within one state. In small cities away from major metropolitan
areas, auto insurance is almost always lower no matter if
bought online or in an insurance broker's office.
- cost of insurance policy greatly depends on the make and
the model of the car you are insuring; the more you paid for
it, the more an online policy quote will be.
- increasingly, insurance companies take your credit score
into account when calculating an auto insurance quote. People
credit tend to have less auto accidents and don’t
make as much insurance claims as people with lower credit scores.
Finalizing the deal.
It takes about 15 minutes to answer all the questions and at
the end you are provided with an insurance quote online. In most
cases, you still have to see someone in person to finalize your
deal. Insurance companies will need to verify the information
recorded online and then underwrite a policy. You might have to
provide proof of the facts you claimed, including verification
of your address, employment and the like.
Is an online search for the best insurance quote for you?
© iStockphoto.com - hjalmeida
If you prefer to talk to a live person and have the ability to
ask questions; don’t shop for insurance online. Do it the
old fashioned way. Some people prefer to interact with a web site,
rather than speak with an aggressive insurance agent. If this
is the case, it might not be a bad idea to try to get a quote
for auto insurance on the internet.
See also: insurance
car insurance, gap insurance
Related topics: online
automobile insurance articles