In this day and age nearly everything can be made online, especially when it comes to purchasing something. Online shopping has become an integral part of modern society so fast that it’s actually hard to remember the days when we were unable to order something from the Internet. And while buying groceries or home appliances doesn’t really differ if you make the purchase online or at an actual store, some things have certainly changed for the better with the development of online marketing. Car insurance is one of such things, and you have to remember how people used to buy it only ten years ago in order to understand why it’s better to shop for insurance these days. Long lines at the insurer’s office, tedious phone calls or agent visits that didn’t deliver even a fraction of information we are able to get within a few minutes today. Such amazing convenience and easy access to information has changed the insurance market dramatically. Yet, some people still shop for insurance online like they are still in the 90′s. And it’s not just a matter of personal convenience, since effective online insurance shopping can actually result in cheaper policies. Sounds interesting, doesn’t it? So here are a few tips on how to shop around for car insurance online effectively.
Don’t limit your quote selection
One of the greatest mistakes people tend to make when shopping around online is limiting themselves to only the companies they know of. With so many insurance providers out there this simply means that you’re decreasing your chance of finding cheap car insurance for your car. If you don’t know anything about the insurer this doesn’t necessarily mean that it’s an unreliable company. Maybe it’s a new player or a company that is entering a new market. So make sure to get car insurance quotes from all the providers licensed in your state to get a chance of finding a good policy. (more…)
If you are considering purchasing a new car and are unsure about what to buy, you have undoubtedly been told about the latest hybrid models. Hybrid cars are building a well-deserved reputation for their economical engines, green design and sleek features. Considering the eternally rising cost of gasoline, any saving is worthwhile. Now consider that many of the newer hybrid options allow the driver to travel up to 200 miles on one gallon of fuel. That is quite an amazing feature! Owners of these little geniuses will happily tell you that they fill up the tank about once every two months, and some have even forgotten how to pump their own gas.
Aside from the savings on gasoline, hybrid cars are also offering a surprising savings on car insurance quotes. Because they were not made to travel at excess speeds like sporty models, the risk of high speed collisions is fairly low. Also, because owners of hybrid cars tend to be conservative individuals concerned about the environment, underwriters consider the genre to be above average when it comes to responsibility. Perhaps by coincidence or by natural design, these owners also have superior credit and driving records, which is also reflected in their car insurance quotes. There does not seem to be any major correlation between male and female drivers of the new hybrid models. (more…)
The type of car that you drive has a direct result on the type of cost you will have for car insurance. Simple things such as safety devices, low mileage and a clean driving record are all beneficial to reducing your rate, however what happens when the type of car you drive changes that rate? Is driving a high end vehicle worth the expense of also insuring the vehicle?
Sports cars are one type of car that may see an increase in auto rates. Although there are different schools of thought on the reasoning why, some believe that the nature in which these automobiles are driven have something to do with the increase. Sports cars are more likely to be driven at accelerated speeds which can directly attribute to accidents and traffic tickets. Another more common problem with owning a sports car is the likelihood that it will be stolen.
Sports cars are often stolen for parts. Because these are performance vehicles the parts that are put into these types of cars can be extremely expensive. Stripping and selling the parts of a sports car will prove to be very lucrative, which insurance companies see as a red flag. Rare sports cars are equally as hard to insure as the car or its parts maybe seen as irreplaceable. However, there are still ways to reduce the rate of your car insurance quotes even if you have a desired vehicle. (more…)