Why buy insurance online? To save time. It is becoming quicker and easier to purchase a variety of policies online. Buying online is certainly more enjoyable than spending the afternoon in an agent’s office.
At many Internet insurance sites, you just enter various details and click through to a price quote. Alternatively, you can fill out the online questionnaire and go on to something else. The insurer will get back to you, via email or phone, with a quote for the premium you’d have to pay. There’s no need to arrange a meeting with an agent or spend a lot of time discussing your circumstances on the phone.
Besides saving time, it’s also possible to save money by buying insurance online because you have a much wider range of company choices. Online competition is increasing, driving down prices; by searching the Internet, you increase your chance of finding the low-priced entrant. Moreover, Internet insurance agencies generally have lower overhead than traditional insurance offices so they may be able to offer lower premiums to their customers.
