Buy Auto Insurance Online - Online Quotes For Car Insurance
The Internet has changed the insurance industry, especially in the vehicle insurance category. As constituted currently, the auto insurance business is almost nothing like what it used to be before the world wide web existed. Before the advent of the net, for two-thirds of the people who carried vehicle insurance, re-signing with the same insurer was something you just did when renewal time came around. That is no longer the case. Now the Internet rivals the phone and in a few years' time, the majority of us will buy auto insurance.
A generation ago, insurers would get uncomfortable when approached by a new car insurance customer. If they had just acquired a car and had no insurer - that was one thing. But if the would-be client already had an automobile insurer and they just wanted to switch companies, they were typically viewed with suspicion and their application scrutinized closely.
Thanks to online instant quotes, it is no longer the case that the average shopper is subjected to arbitrary review. The mystery has gone out of the actuarial process and along with it, the barriers to get the best rates for your particular needs and circumstances.
One of the nicest things about buying auto insurance online is the way it lets you compare rates for full coverage versus just getting liability. This is particularly significant for those who live in so-called 'no fault' insurance' jurisdictions.
No-fault insurance, in its broad sense, describes an insurance policy that says the insurance company agrees to pay the policy holder's losses regardless of who is at fault. Basically, a policyholder and any passengers in the policy holder's vehicle are reimbursed for losses in a traffic accident by the policyholder's insurer without reference to whose fault the accident was.
Even for good drivers, no-fault can mean that your rates are going to go up if you are in an accident no matter what. As of this writing, in North America this includes 12 states (California, Florida, Michigan, Pennsylvania, New York and New Jersey, Hawaii, Kansas, Kentucky, Massachusetts, Minnesota, North Dakota and Utah) as well as the Canadian provinces of Quebec, Ontario, Manitoba and Saskatchewan.
Under the no-fault scenario, carrying collision insurance becomes a money losing proposition as the car ages. That is to say, why make a claim that is going to up your insurance rates for at least seven years? The damage would have be extensive to justify the claim. The nice thing about instant quotes online is that you can find out when your car has crossed that threshold age-wise. Using this feature, you can make a determination as to the best rates when you buy auto insurance online. - 23211
A generation ago, insurers would get uncomfortable when approached by a new car insurance customer. If they had just acquired a car and had no insurer - that was one thing. But if the would-be client already had an automobile insurer and they just wanted to switch companies, they were typically viewed with suspicion and their application scrutinized closely.
Thanks to online instant quotes, it is no longer the case that the average shopper is subjected to arbitrary review. The mystery has gone out of the actuarial process and along with it, the barriers to get the best rates for your particular needs and circumstances.
One of the nicest things about buying auto insurance online is the way it lets you compare rates for full coverage versus just getting liability. This is particularly significant for those who live in so-called 'no fault' insurance' jurisdictions.
No-fault insurance, in its broad sense, describes an insurance policy that says the insurance company agrees to pay the policy holder's losses regardless of who is at fault. Basically, a policyholder and any passengers in the policy holder's vehicle are reimbursed for losses in a traffic accident by the policyholder's insurer without reference to whose fault the accident was.
Even for good drivers, no-fault can mean that your rates are going to go up if you are in an accident no matter what. As of this writing, in North America this includes 12 states (California, Florida, Michigan, Pennsylvania, New York and New Jersey, Hawaii, Kansas, Kentucky, Massachusetts, Minnesota, North Dakota and Utah) as well as the Canadian provinces of Quebec, Ontario, Manitoba and Saskatchewan.
Under the no-fault scenario, carrying collision insurance becomes a money losing proposition as the car ages. That is to say, why make a claim that is going to up your insurance rates for at least seven years? The damage would have be extensive to justify the claim. The nice thing about instant quotes online is that you can find out when your car has crossed that threshold age-wise. Using this feature, you can make a determination as to the best rates when you buy auto insurance online. - 23211
About the Author:
Are you in the market for car insurance? The internet has forever changed the look of the car insurance industry. Get online quotes for car insurance and find out about commercial vehicle insurance at http://onlinequotesforcarinsurance.com today.
posted by X - Men @ 2:51 AM
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