Nowadays, it is very easy and simple to get free auto insurance quotes online. There are many one-stop websites you could visit where you can gather free quotations from your selected insurance companies. If you do not have a specific company in mind, you can browse from the listed companies in that website.
You get all the information you require right at your fingertips. It takes a few clicks and only a matter of minutes. Best of all, you get them all for free. This online service greatly benefits consumers. It is a far cry from the old days when quotes were obtained for a certain price, not to mention having to go from one office to another could be very tedious and uneconomical. You waste a lot of time, money and effort.
Insurance companies started offering free auto insurance quotes initially because of heightened competition among them. Many smaller companies sprouted like mushrooms in the recent years. More and more people were buying cars as their primary mode of transportation. Some would even get two or more cars. The streets started to get more crowded and traffic worsened. Rates of vehicular accidents likewise increased and demand for auto insurance rose.
Stiff competition benefits consumers because prices are lowered. In the case of insurance companies, getting free auto insurance quotes online is a good way to get as many quotes as they can in search for the best deal available. However, if at first glance it seems like such freebies only benefit customers, in hindsight, insurance companies also benefit from it.
First, giving free quotes widens the potential customer base. There is nothing to deter car owners from acquiring a free quote. The number of prospects increase with more people availing of free service, and the chances of closing a sale also goes up.
Second, this free online service not only saves time and effort of consumers, but also of the company. Offering free auto insurance quotes online enables them to serve multiple customers at any given time. A good number of people could access their free online service all at once, something they could not handle physically if the same number of people came to their office all together. Not only that, but they also cut back a lot on manpower and material resources that they would incur on-site.
Lastly, the website is open 24 hours. It can be accessed anytime. Even as the physical car insurance office is already closed, car owners can still visit the website to get a free insurance quote.