Very Cheap Auto Insurance -Tips That Guarantee Affordable Car Insurance Rates (Video)

Tuesday, July 14, 2009

Take Advantage of the Rivalry and Find Your Auto Insurance Online

By Frank Froggatt

Is your car insurance policy about due for a new renewal? Do you, like 23% of car owners, just accept the quote and stay with your insurer? Are you concerned with the fact that your insurance company raise your rates five or 10% more than what you paid last year? Maybe it's just not worth the hassle of all those phone calls to goodness knows where, thumbing through the yellow pages or wearing out your shoe-leather down town. Most insurance companies will offer really good rates to new customers, so the they can have their business. Existing clients generally stay with them anyway.

Have you looked on the Internet?It really is worth giving it a try. Did you know that if you shop around online, you could save on average around $120 plus the discounts for shopping online? Today's estimates, show that approximately 2 1/2 million people make the decision to buy their insurance online these days. Because the Internet is fast and easy-to-use, sales for online car insurance policies are growing at an amazing rate.

Car insurers really want your business; they will be extremely competitive with pricing in order to win you over. There are around 100 of them in the UK and due to the strong competition in the industry; prices have held level for the past year or so. There are many different types of websites you can go to, whether you are looking for just a single insurance company site, a comparison site, or a site that recommends various companies for different drivers, you will be able to find it online. These websites will give you pretty much immediate results along with a huge amount of information and advice. You will be required to fill out a form providing all of your details, including your drivers record details, convictions, claims and so forth. All easily answered and your no claims details should be on your renewal notice.

There are a lot of new categories of insurance that are coming on the market these days apart from your straightforward individual car insurance. Many companies are now offering the pay-as-you-go options and policies for multiple cars. These used to be difficult to obtain unless you were in the car-trade. With all the changes on the market, it could be a really great time to reassess where you're at, and find out what is available so that you can make sure you're getting a good deal. A short time browsing the internet will get you thinking along the right lines.

With the rising costs of repairs and materials, insurers are beginning to show signs that they may not be able to continue to hold down prices for very much longer. Claims are accelerating. The average cost of accidental damage repair has risen, costing an additional 5% per year, despite the fact that there are fewer accidents. Not only are repair claims rising, but personal injury claims are rising fast as well, which has led to an increase of around 12% per year in the cost of settling these cases. Don't let your current insurer raised your premiums because of all this going on, get started searching and get your premiums sorted out now.

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