Although everyone who gets an insurance quote online is doing so to save, not many get the right kind of savings that they could. Why is this so? Simple! The way and manner in which they get their quotes. Furthermore, they do not have enough prior knowledge to make the process as fruitful as it should be.
The first mistake that most people make due to a level of ignorance is that they simply get and compare quotes from only one or two sites. Nothing could be as ineffective as this for various reasons…
There are more than 2,000 insurance companies in the United States. Second, although all insurance companies use the same factors to calculate their rates, they give each factor a different relevance weight or score. This ultimately results in a huge disparity in rate quotes – anywhere from a few dollars to over ten thousand dollars at times! (You certainly don’t want to get caught buying from a company that charges double or much more for a comparable service.)
Since the typical broker-run site returns about five instant insurance quotes per request, getting quotes from just one or two means you’ll have anywhere from 5-10 quotes. What about the other hundreds of insurers? Simple! You can’t see their offers.
So when you do your comparisons, they will be based on the quotes of just ten companies. This means that unless you are very lucky to have gotten quotes from the lowest rate providers, you will have missed out on great deals.
Now here’s the remedy: get quotes from as many sites as possible. Visit your state insurance department and get a list of insurance companies in your state. The beauty of online insurance quotes is that each request will take you less than five minutes, but will return you around five quotes.
Yes, getting the best insurance quote online as I have recommended here will take some time. However, what you will gain from doing this will certainly justify the time invested. Why not get started right away by visiting some quoting sites?
