Motor insurance quotes revolutionised by the internet

The internet has been responsible for revolutionising the way we do many everyday things. Take motor insurance for example. As recently as ten years ago, the best way to get comparison quotations for a number of insurers was to go to brokerage, give them your details and then ask them to find the best deal. Or if you had a couple of days to spare you could opt to do it yourself and ring insurance companies to get quotes.

That was under the presumption that you were looking for a better deal or maybe trying to arrange motor insurance for the first time. In those days, a lot of drivers who already possessed insurance quite happily accepted the new premium offered by their current insurer on renewal, rather than go to all the trouble of shopping around for a new deal.

If you decided to go down the insurance broker route you left it to up them to trawl through all the insurance companies’ offerings to find the best deal to suit you, and after a few days they’d present you with several options. Normally, the joint decision would be to opt for the policy with the cheapest annual premium, although only after reading the small print and making sure it was the right policy for you.

Sometimes, however the cheapest policy wasn’t an affordable option as some insurance companies insisted upon full payment of the annual premium up front. If you could only afford to pay your motor insurance monthly, then your options would be limited to a policy that was cheapest on a monthly payment basis.

However, getting a car insurance quote is no longer a time-consuming process or, for the time-starved, one that you have to leave to a third party. Now, because of internet technology you can go straight to the insurers’ own websites, or even price comparison and aggregation sites which allow you to enter all your personal and vehicle details once and then the best options are presented to you within seconds, after being compared to all the insurance companies who partake in the aggregation.

It is important though, even in these days of instant quotes to ensure that you get the best deal by looking carefully at the policy details and don’t just consider the headline monthly or annual premium. Motor insurance deals offer variable levels of cover, and excess limits also vary widely, with some insurers tying increased voluntary excesses to a reduction in premium. Types of usage of the vehicle can also affect the price of insurance offered, but make sure that you are honest about how you use your vehicle and remember to disclose any driving convictions as they too affect the amount of premium.

Also, before shopping on the internet many policy holders of existing non-motor insurances should check whether their insurance companies offer discounts or other incentives for adding motor insurances to their personal portfolio.

About the Author

Daniel Collins writes on a number of topics on behalf of a digital marketing agency and a variety of clients. As such, this article is to be considered a professional piece with business interests in mind.