Summary

The Internet has offered considerable relief for premiums as it offers some very competitive deals - this article looks into the impact the Internet has made.

Car Insurance. The Internet has forced prices down. Part 2

Author: Anna Richardson

When looking for insurance you need to decide what you consider to be an essential benefit. For example, if you have an accident or your car needs to be repaired, is it important

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that you get a courtesy car for a few days. Perhaps you have an expensive sound system in your car that cost you £300, but some policies only cover audio equipment for up to £100 if it is stolen or ( best mortgages ) damaged. Do you have a habit of leaving personal belonging in your car - well not all insurers cover these if your car gets broken into. And you may assume that all policies will allow you to drive another person's car and get third party cover through your insurance, but that is not always the case.

You need to check out all these things before you make your decision.

Back on the subject of price, you will save money even through the bigger and ( loans ) more expensive insurers if you buy online. They generally offer a 5% - 10% discount on quotes requested over the Internet compared to quotes on the phone.

The best way to do it when buying over the Internet is to use a broker which gives you a number of quotes. Pick the cheapest and read through the details to see if the policy gives you all the cover you need. If not, pick the next cheapest and continue until you have ( life insurance advisers ) found what you're looking for. Searching on the Internet for "car insurance" will find you plenty of results but it's better to be a little more specific and search for "cheap car insurance" or "discount car insurance".

We have discussed the pitfalls of picking the wrong insurance policy just because it's cheap in this article, but we strongly advise you not to renew without checking out the ( insurance ) other options first. It was renewal time for me a few weeks ago. My existing insurer offered me £625 and I managed to get a quote for just £435 from another insurer, that's a saving of £190 and it only took me 30 minutes. You can do the same!