Online Quotes For Car Insurance - Where To Get Auto Insurance Quotes Online
The Internet has changed the auto insurance business so extensively that it no longer resembles what it was prior to the creation of the World Wide Web in 1992. Back then, when car insurance renewal time came around, an estimated sixty-three per cent of car owners ended up remaining with their insurer, according to the Insurance Institute of America. Today that figure is down to less than twenty-three per cent due to the abilitiy to obtain auto insurance quotes online.
As a group, insurance companies, brokers and agents combined to form a distinct group of what the marketing whizzes call "early adopters." Now, a sub-group called skimmers has formed with Grey Power and the American Association of Retired Persons in the lead. These groups negotiate bulk rates for group members and in so doing skim off the cream of the car insurance crop. With the ease of obtaining auto insurance quotes online, competition for business is fierce.
The inevitable result of this type of reaction to the rate-squeeze caused by the proliferation of auto insurance quotes online has been a polarization of risk classes. Minimal risk classes - married male drivers age 50 and older, and female drivers age 40 and up - have had their car insurance rates remain steady or drop over the past decade, while rates in the high-risk young male class have skyrocketed. In consequence, the number of young men driving with no insurance or liability only has also increased.
The benefits of online insurance shopping are so great for the consumer that it will only grow as the preferred way to shop for automobile coverage. The use of the Yellow Pages and telephone as the preferred method of shopping for car insurance continues to drop. By the time someone picks up the phone these days they have likely already checked out the insurer's website, entered their vital statistics and gotten a quote.
Surveys of those who do shop for car insurance online consistently rank "Convenience" as the number one reason people shop on the internet for car insurance. They love the ability to get an instant quote without having to trade voice mails, or even speak with anyone.
When you are at an online car insurance site, a dialog box will ask you all the right questions - the questions you didn't know you should have been asking. Typically these include; number of years driving, make and model of car, place of residence, whether or not the vehicle is used to commute to work, moving violations within the past X-amount of years, etc.
Playing with the answers is a fine way of learning what other factors are taken into account when determining your rate. Who knew that where you live is a significant issue? And what about that speeding ticket? How much is that costing you? For this reason, using the internet to obtain auto insurance quotes online has skyrocketed. - 21396
As a group, insurance companies, brokers and agents combined to form a distinct group of what the marketing whizzes call "early adopters." Now, a sub-group called skimmers has formed with Grey Power and the American Association of Retired Persons in the lead. These groups negotiate bulk rates for group members and in so doing skim off the cream of the car insurance crop. With the ease of obtaining auto insurance quotes online, competition for business is fierce.
The inevitable result of this type of reaction to the rate-squeeze caused by the proliferation of auto insurance quotes online has been a polarization of risk classes. Minimal risk classes - married male drivers age 50 and older, and female drivers age 40 and up - have had their car insurance rates remain steady or drop over the past decade, while rates in the high-risk young male class have skyrocketed. In consequence, the number of young men driving with no insurance or liability only has also increased.
The benefits of online insurance shopping are so great for the consumer that it will only grow as the preferred way to shop for automobile coverage. The use of the Yellow Pages and telephone as the preferred method of shopping for car insurance continues to drop. By the time someone picks up the phone these days they have likely already checked out the insurer's website, entered their vital statistics and gotten a quote.
Surveys of those who do shop for car insurance online consistently rank "Convenience" as the number one reason people shop on the internet for car insurance. They love the ability to get an instant quote without having to trade voice mails, or even speak with anyone.
When you are at an online car insurance site, a dialog box will ask you all the right questions - the questions you didn't know you should have been asking. Typically these include; number of years driving, make and model of car, place of residence, whether or not the vehicle is used to commute to work, moving violations within the past X-amount of years, etc.
Playing with the answers is a fine way of learning what other factors are taken into account when determining your rate. Who knew that where you live is a significant issue? And what about that speeding ticket? How much is that costing you? For this reason, using the internet to obtain auto insurance quotes online has skyrocketed. - 21396
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Are you in the need of car insurance? The web has forever changed the look of the car insurance industry. Get online quotes for car insurance and learn about low cost auto insurance at http://onlinequotesforcarinsurance.com today.
posted by X - Men @ 3:34 AM
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