Buying Car Insurance Online with Traders Insurance
So you need to get a cheaper insurance but you’re not sure if you should go online or call up an agent. This is a predicament many people shopping for insurance find themselves in. Over the last 20 years or so, more and more people I’ve turned to the internet to compare auto insurance prices. This has led to insurance companies changing their business model from agent-based to directly selling policies to consumers online. The question is, are direct auto insurance policies actually cheaper than going through the traditional local agent or broker’s office?
The reality is, getting online quotes is often cheaper than calling up an agent or broker. This is true for a number of reasons. First of all, a direct insurance provider does not have to pay hefty commissions to agents or brokers. Secondly, selling car insurance online is cheaper than through large offices that require expensive staff, in addition to other costs. The combination of these factors is savings that are passed down to the consumer through cheaper car insurance rates. Many consumers can save $500 or more by buying a direct policy online. Traders keep their costs low so they can pass these savings right on down to the consumer.
This doesn’t mean that you should forgo calling up your local insurance agent. Since they will give you a free quote, there’s nothing to risk by checking rates with them. Sometimes, for the coverage and type of policy you need, a local agent will be very competitive and on occasion might have a lower price.
Benefits of Buying Car Insurance Online
The first benefit is the obvious one and that is savings. With the ability to compare dozens of companies in a matter of minutes, this gives the consumer the resources to compare which carrier has the lowest rates for the type of coverage they need. This allows many people the tools to save money just by shopping for the best deal. Many people feel more in control of the buying process by shopping online and not putting that task in the hands of an agent. Insurance brokers and agents are almost always paid by commission and often do not have an incentive to offer the cheapest rates.
The second benefit is convenience. With a direct online policy, you can manage your policy online from your smartphone or laptop. This means you can add drivers, print ID cards, or increase your insurance limits all online without ever having to deal with an agent. This convenience’s one of the many reasons why online car insurance has become so popular over the last several years. You can even file a claim, all online, and track it anytime. There’s just really no downside to getting insurance over the web.
The third reason why shopping online helps so many people is time. Who has for 5 hours to call up multiple agencies and brokers in the city they live to try and find the cheapest insurance rates? This could take all day after all. With one quote from Traders Auto, you can compare up to 10 quotes and get special deals that are reserved for online shoppers.
Contrast this to getting a quote from several brokers or agents. Each time you call an individual office you will need to fill out a new car insurance quote with all of your information. If you call 10 agents this entire process can take hours and you still might not know if you have the lowest quote for the coverage you need.
Also, many agents will call you repeatedly, trying to close the deal and get you to buy insurance from them. This can be overwhelming with calls every day for weeks on end. This is why many people like the autonomy and privacy of the internet. You can get quotes where there is no obligation to buy a policy and no pushy salespeople calling them.
Basic Information Ready to Get Quotes Online
Before you get a quote on the web, there are few things that you’re going to need. This includes:
Your driver’s license
The make and model of your vehicle including VIN (Vehicle Identification Number) number
The address where you reside
Your social security number
The type of coverage you need
Once you have these items in place, you should be able to get a quote online in about 5 minutes. If you don’t feel comfortable getting a quote with a direct provider online or have questions, you can call a Traders Insurance licensed representative toll-free during normal business hours. Get started now comparing online auto insurance quotes and see how easy it is to save hundreds. Start your free quote by entering your zip code and compare rates in under five minutes.