More than half of us have purchased online car insurance in recent years, an unsurprising trend considering the competitive nature of the internet. In a recent online survey 44% of people revealed they would actively shop around the internet for the best car insurance deal.
Compare car insurance deals:
The price war of car insurers has been led by insurance comparison sites, such as confused.com or moneysavingexpert.com, which are generally the best way to get quick car insurance rates. From the details that you type in, they can then search those companies to find the ones most suitable for you.
34% of drivers questioned in the same survey as before used insurance comparison sites when looking for cheap car insurance. This is higher than for buildings and contents insurance, with just 23% questioned using them to search for this.
A very low number of 9% said they allowed their existing car insurance cover to roll over past the contract deadline without looking into other insurance providers. This is reflective of the open and competitive insurance market that exists in the UK generally.
Whether it's bargaining on the forecourt or shopping around for the right finance and insurance deal, spending an hour or two researching the options available could make a real difference to your wallet - particularly in such a strong buyers' market.
Last year, car insurance premiums rose by 8.7 per cent; in 2007, they rose by 5.9 per cent, a trend that emphasizes the need for consumers to compare car insurance online in order to cut costs without compromising on cover.
Is car insurance on the increase?
It has been said that car insurance premiums are set to rise due to an increased number of personal injury claims, which rose by 22% last year, as such insurance for drivers could get more expensive.
It is very important for drivers to compare different car insurance policies if they want to secure a competitive, yet comprehensive deal. The average motorist is still looking at around £500 to insure their car so it is important for them to shop around for competitive insurance. However, motorists should be aware that paying a lower premium does not mean they have to forfeit good cover - by shopping around you can find both. Just make sure that when comparing car insurance policies, you do so on a like-for-like basis.
It is important however to consider visiting only trusted car insurance websites when buying online car insurance, since they require sensitive personal information. There are dozens of websites that offer comparison services for hundreds of car insurance companies but you should only use those you believe you can really trust. These particular websites allow drivers to compare different insurance policies and decide on a suitable coverage based on their needs.
The Internet is a great tool for helping find cheap car insurance, especially for those who lead a busy life – making it easier to save money and deliver lower rates in seconds.
- K.J.N -