If you are in the market shopping for auto insurance, how do you proceed? Who do you contact? Here is a guide that will help you understand the auto insurance market better and get not only good quotes but an insurance policy that’s ideal for you.
The auto insurance market is not unlike any other market, it compromises of companies, competition between them, various options, and of course a confused consumer. Insurance companies are making the process of getting auto insurance quotes and signing up for a policy easier in the hope to get more sign-ups and out beat their rivals. However the system doesn’t work as well as it could, most people still don’t go for multiple quotes and just settle for any company they have heard of, or one that has been recommended by a friend, a colleague or a family member.
The first thing to be done is shop for auto insurance quotes, experts suggest five to six are enough, but with our method you can shop for more. Once you receive the quotes, refrain from doing the obvious and comparing only the price. Remember to pick one that provides you with sufficient cover for a decent price. This is after all an insurance policy, getting sufficient cover is the first priority, saving money is the second. Most people make the mistake of going for the lowest quote presuming they are saving money, however when they crash they realize that those few dollars they saved have now cost them a few thousand.
Insurance agents are a good way to gather insurance quotes; however it is far from the best. An insurance agent and agency are commission based middlemen, whose presence itself inflates your premium; cut out the middle men and ensure that no part of your premium is going towards a sale persons pay check. Insurance agents are also known to convince people to get excess cover they don’t need in order to earn a heftier commission.
Now that you know what to watch out for, here is what you need to do. Go online. Yes, the internet can do for you in minutes what an auto insurance agent does for you in days, and free at that. There are multiple websites where you can request multiple quotes at a time, thus making it possible for you to get much more than even 10 quotes in under an hour. With online quotes you widen your horizon to many more possibilities of getting a good cover at a price which won’t break the bank.
Online quotes save much more time, where a conventional quote takes you days, this takes you an hour for about ten quotes, and you save even more time as you don’t need to travel to the insurance companies or brokers office.
Something’s you will need to apply online are details of your self and your car. You will need to fill in details such as your age, sex, gender, driving record, credit score, location and your car make and model.
If you aren’t tech savvy, there is good news for you, these sites are easy to use, and have been designed in a way that anyone can use them. If you are still uncomfortable doing it yourself, you can always ask a family member, friend, neighbor or colleague to help you with it.
