The Different Elements Of A Car Insurance Policy

The phrase “car insurance” implies that what you are insuring is your car, but the realities of car insurance are a bit more complex than that. When you purchase a comprehensive auto insurance policy, you are protecting yourself from the costs of damaging your car, but that is just one element that makes up full automobile insurance coverage. You need insurance that can cover the legal fees that may result during a lawsuit if you take another driver to court after an accident…
car insurance, auto insurance
The phrase “car insurance” implies that what you are insuring is your car, but the realities of car insurance are a bit more complex than that. When you purchase a comprehensive auto insurance policy, you are protecting yourself from the costs of damaging your car, but that is just one element that makes up full automobile insurance coverage. You need insurance that can cover the legal fees that may result during a lawsuit if you take another driver to court after an accident. You need insurance that can cover the cost of prescription painkillers that you may need to buy for yourself if an uninsured driver runs a light and hits your car. These and hundreds of other possible costs that have nothing to do with your actual vehicle can be covered by so-called automobile insurance. The act of buying an insurance policy for your car is an act of making sure that it is financially safe both for yourself and for anyone else who you may encounter when you are behind the wheel.

You need to protect yourself from the potential financial hardship of paying for the medical bills of anyone who you injure in an accident, and the costs of repairing any public or private property that you may damage. In addition, before you can hit the road in most states you need enough insurance that you will be able to pay for your own medical care if you are injured in a crash caused by an uninsured motorist. So far, none of these important elements of a standard car insurance policy even mention the automobile itself!

A good collision or comprehensive insurance policy will cover at least some percentage of the cost of repair to your vehicle after physical damage. However, since not every state requires that you have this kind of insurance, don’t assume that physical damage is covered by your policy unless your agent tells you so directly. Physical damage coverage is just one element of a good automobile insurance policy, and many people consider it optional rather than necessary. The actual cost of insuring the physical form of your vehicle is almost always dwarfed by the costs of the other kinds of insurance that you need in order to drive safely, responsibly, and legally.

Other options that you will be likely to encounter when choosing a car insurance policy include things like medical payments coverage, which will help you meet the costs of medical attention after an accident. Of course, a traditional auto insurance policy includes a certain level of protection against the costs of treatment, but things like co-pays are not covered by body injury liability coverage or uninsured motorist coverage. This leads many people to take out additional insurance so that they know that they will not have a larger than necessary financial burden if a hospital stay is necessary for them, for a passenger, or for somebody else harmed during a crash.

Is Loan Payment Protection Insurance A Good Buy?

Loan payment protection insurance can be a great buy and it can provide a valuable safety net on which to fall should you find yourself out of work due to an accident, long term sickness or unemployment. The cover can provide you with a tax-free monthly income which enables you to pay your commitments without worry while you get back to work. The period of time you are usually covered for is typically up to 12 months, though with some policies it is up to 24 months, which is …
Income Protection Insurance, Mortgage Protection Insurance, MPPI, PPI
Loan payment protection insurance can be a great buy and it can provide a valuable safety net on which to fall should you find yourself out of work due to an accident, long term sickness or unemployment. The cover can provide you with a tax-free monthly income which enables you to pay your commitments without worry while you get back to work. The period of time you are usually covered for is typically up to 12 months, though with some policies it is up to 24 months, which is usually more than enough time for you to get back on your feet.

However the policy is only a good buy if you choose it carefully and wisely. Sadly the industry has been blighted by the negative publicity surrounding loan protection with the high street lenders being the main culprits when it comes to selling over-priced, sometimes unsuitable, cover.

If you want to protect yourself with loan payment protection insurance then you should shop around and go to a standalone provider. A specialist who only deals in payment protection will be able to offer you the cheapest premiums along with giving you the best advice regarding the policy. One of the biggest findings by the Financial Services Authority’s recent investigation into the sector was that policies were being mis-sold with the consumer having no hope of claiming on it should they actually come out of work. The majority of times the reason why the policy had been mis-sold was due to the exclusions within the policy which the consumer wasn’t aware of. High street lenders have very little knowledge when it comes to selling protection policies and this is why it is always safer to buy from an independent provider.

So, is loan payment protection a good buy? Yes it can certainly can be, but only by looking carefully at what the policy offers and determining if it is suitable for your needs.

Learn What Credit Insurance Can Do For You

Almost every time you make major or smaller purchases you apply for some type of credit. No matter if you are buying a house or a car, or you just go and buy some appliances or electronics for your home you’ll use some type of credit. And more or less every time you use a form of loan there are big chances that you’ll be asked to also buy some form of insurance for your credit. Before proceeding with buying any kind of insurance you should know what you’re paying for. Credit …
credit, credit card, credit cards, credit balance, credit insurance, credit history
Almost every time you make major or smaller purchases you apply for some type of credit. No matter if you are buying a house or a car, or you just go and buy some appliances or electronics for your home you’ll use some type of credit. And more or less every time you use a form of loan there are big chances that you’ll be asked to also buy some form of insurance for your credit. Before proceeding with buying any kind of insurance you should know what you’re paying for. Credit insurance is a type of insurance made on a debtor in favor of a lender and it is intended to pay off a loan or the remaining balance if the insured dies or is unable to make any more payments. The insurance for credits comes in various forms; the typical form includes credit life, credit property insurance, credit disability and involuntary unemployment. Usually all these coverages come all together with the same credit insurance. Some of them will have a value for you and some may not have. You can opt for which one of them you want to pay with one small exception: credit disability and life coverage cannot be sold separately.

Credit life coverage is actually a type of life insurance that pays off the loan or the remaining balance in case you die. The payment of the life credit insurance on this type of insurance for the credit always goes to the lender as he is the beneficiary of your policy. The credit disability insurance is the type of insurance that makes your monthly credit payments during a certain fixed period of documented medical disability. While this type of insurance can help you keep a good credit report and history, it will not make the monthly payment forever and will not, for sure, pay off all your balance. In such situations it is best to try to get back on your feet and pay by yourself the loan because, as the time passes, interest and insurance charges continue to add up to your already existing balance and you’ll end up paying more than your original credit.

The other two types of credit insurance are: involuntary unemployment insurance and credit property insurance. The involuntary unemployment insurance is very much similar to the disability insurance: the insurance makes the monthly minimum payments for a certain period of time while you are involuntary unemployed. Like we said before is better to not let this situation go on for a long period of time. The credit property insurance is different than all the other insurances in the way that it cancels the debt you owe for the items purchased if the property purchased is destroyed by certain specified risks like: fire, flood, accident, earthquake, etc.

No matter for which one of the above credit insurance you opt, it is most important to read and know the full details of the coverage. This way you’ll be able to know which one of them best suites your needs and select that particular one or maybe a combination of two or more of them. Also, you should consider your financial status before purchasing insurance for the credit. Or maybe you’re considering making several purchases from different places and each one of them asks for insurance. But this cannot be so cost effective. If you have more accounts and intend to insure all off them maybe you should think of buying a traditional insurance; an insurance agent or broker can be of big help in such a situation. He will help you make the necessary comparisons and finally with choosing the right insurance type for you.

Last but not least you have to make sure you qualify for the credit insurance you’re going to buy. These types of insurances are sold without any screening to anyone that makes a purchase on credit. Often, many people do not qualify for the insurance they are buying but the company that is selling you the insurance will not bother asking you if you think you qualify or not. So, it is you, the borrower and the buyer of the insures, that has to carefully read and understand how the insurance works and be fully aware of any special claim procedures or limitation clauses included into the insurance. It is only your responsibility.

Life Insurance Premiums Reduced – Really Reduced

You pay a lot less for term life insurance today than you would 20 years ago.

A couple of weeks ago I picked up a rate book from one of the finest and largest life insurance companies in the industry. I was just scanning the pages and it occurred to me that the term insurance premiums looked really high. I decided to do a comparison between todays premiums and the premiums of yesteryear. The results were quite surprising.

Although I was very aware that term life insuran…
life insurance, term life insurance
You pay a lot less for term life insurance today than you would 20 years ago.

A couple of weeks ago I picked up a rate book from one of the finest and largest life insurance companies in the industry. I was just scanning the pages and it occurred to me that the term insurance premiums looked really high. I decided to do a comparison between todays premiums and the premiums of yesteryear. The results were quite surprising.

Although I was very aware that term life insurance premiums had been lowered considerably by insurance companies I was not aware that the difference was so great. The premiums for the year 2007 are one third of those for 1987 in many a case and in some cases as little as a quarter of the 1987 costs. That is a dramatic change. Why is this?

I am not an actuary or a statistician but based on what has occurred in the industry over that time period it would seem that the rise in demand for term insurance has dramatically affected the cost. Everyone wants term insurance now. Some people are aware that they may need to convert to a permanent policy later on but there are those who have no intention of buying any other type of insurance.

I will not debate the correctness of thinking of either side at this point as this article is really intended to emphasize the great reduction in term premium rates. I do think, however, I should touch on which policies are the ones people tend to buy most and why. this is for the benefit of the reader.

The 10 year, 20 year and 30 year term policies tend to be the most purchased…the 20 year term policy being the most outstanding. Round and about age 30 or may be age 35 you find yourself in a pretty solid financial position. You have achieved some measure of success. May be you are already married or, on the other hand, may be you are thinking about it. You want to have children and it occurs to you that you will need some life insurance. You think, why not buy it now while you can still get your policy at a low rate and while you can still qualify. With these plans in mind you find the 20 year or 30 year term policies could fit your need nicely.

If for some reason you had found financial stability a little later in life and your children are in their teens you may feel the 10 year term policy would be ideal.

Regardless of your situation now you will find that later on you need to buy additional life insurance. Your term policies may be about to expire. In any case they will expire at some time. If you are still in good health you can start a new term life insurance policy at a higher premium than that of your original policy.

On the other hand, life insurance companies allow you to convert your term policy within a specific period. If you are still within that period you can convert to a permanent policy. A good policy to use would be a universal life policy. I suggest this because of it’s flexibility. You can also convert to whole life but this will mean a higher premium.

All in all there is no reason why anyone who needs life insurance today shouldn’t own a policy. The premiums are so low.

Busting the Top 6 Life Insurance Myths

Term life insurance has many advantages. But understanding term life insurance and its benefits means sifting through the myths surrounding it; and there are many myths about life insurance.
life insurance quote
Term life insurance has many advantages. But understanding term life insurance and its benefits means sifting through the myths surrounding it; and there are many myths about life insurance. These life insurance myths and misconceptions can result in too little coverage causing financial hardship for families suffering the loss of a loved one.

To avoid this from happening to you, we’ve taken a look at the most common misconceptions about life insurance to set the record straight–helping you to make the right life insurance choice for you and your family.

Myth #1: I don’t work outside the home so I don’t need life insurance.

False! Just because there’s no paycheck to replace, doesn’t mean life insurance is unnecessary. A life insurance policy that provides coverage for a stay-at-home parent isn’t so much about the money they bring in to the household, but instead about the money they keep in the household.

In fact, have you ever considered how much it would cost to pay for childcare and housekeeping in the absence of a stay-at-home parent? Don’t underestimate how much this would require, child care is expensive and is a growing cost.

Myth #2: I’m young so odds are I won’t need life insurance.

Some people are gamblers by nature and choose to take their chances by skipping out on life insurance completely. Although it is unlikely you’ll die during your working years, you’re not insuring for what’s likely to happen but instead, for the worst-case scenario.

That’s why term life insurance is inexpensive for young, healthy people. Buying life insurance now means you’ll be providing financial security without spending a lot of money for it.

For example, online quotes show that a $250,000 10-year term policy for:

• a healthy 35-year old woman costs as little as $165 a year
• a healthy 35-year old man costs as little as $195 a year

What’s more you may even be eligible for preferred life rates that mean the annual premiums are even less! Preferred rates are lower premiums – for the same coverage – offered by an insurer based on your health. The good news is that eligibility for preferred rates is common and could save you up to 30 per cent off the standard rate.

Myth #3: If it’s really so cheap there must be a catch.

There’s no catch to term life insurance. Your basic term life insurance policy will offer you coverage so long as you pay your premium. You buy term insurance coverage for the duration of time you’ll need life insurance, whether that’s until the kids are out of school or until your mortgage is paid off.

Plus, your premiums are fixed for the length of the term. They won’t increase even if the status of your health changes.

Myth #4: I don’t need life insurance once my children are self-supporting and my mortgage is paid off.

Everybody’s insurance needs vary. But how would your spouse manage daily living expenses without your help? And what if your spouse outlived you by 10, even 20 years?

Even if your children are no longer living at home and you no longer have large debts, like a mortgage, there still are questions you should consider before deciding that life insurance is unneeded.

Myth #5: I have life insurance through my job. I don’t need any more insurance coverage.

False. The truth is your life insurance coverage through your work may not be protecting yourself and your loved ones as much as you think. Review how much your employer-paid insurance provides and calculate whether this is enough to keep your family comfortable through the difficult times if you’re not around.

What’s more, when you leave your job for any reason, including retirement, your coverage usually stops.

Myth #6: It’s such a hassle to get life insurance.

Thanks to the Internet, getting quotes is fast and easy. There are a number of online life insurance quote services and usually, all you have to do is answer a few simple questions to get quotes. Sometimes, you can even buy a policy online.

Final Fact:

From the time you marry, buy your first home, start a family and enjoy retirement, having life insurance means you and your family have the security knowing you can reach the long-term financial goals you have set out.

Life insurance policies provide you with customized coverage for your family’s needs. Comparing quotes on the Internet can help you find affordable life insurance that will protect you and your family in the years to come.

Term Life Insurance – Most Times It’s All You Need

Term life insurance is a temporary life insurance covering specific period of time. In this type of policy the insured or the owner pays a premium for a period. The insurance company provides monetary benefit to the beneficiary in case of death of the insured during that period. It is the cheapest type of life insurance available to the general public. Usually the benefit received on death of the insured is income tax free.

There are four parties in term life insurance. Th…
term life insurance,life insurance,policy,
Term life insurance is a temporary life insurance covering specific period of time. In this type of policy the insured or the owner pays a premium for a period. The insurance company provides monetary benefit to the beneficiary in case of death of the insured during that period. It is the cheapest type of life insurance available to the general public. Usually the benefit received on death of the insured is income tax free.

There are four parties in term life insurance. The owner is the one who pays the premium. The Insured is the one on whose death, a death benefit(face value) will go to the beneficiary. The beneficiary is one who will receive the proceeds of insurance on death of the insured. The insurer is the company providing the insurance. Premium is the monthly or periodic payment made by the owner to the insurance company.

For instance, Amanda pays monthly 50 dollars to ABC Company for insuring the life of Bill (her husband) for a period of 10 years. In case Bill dies during the 10 years, ABC company will pay 6000$ to Jack (son of Bill and Amanda). Here the insured is Bill, the owner of the policy is Amanda, the beneficiary is Jack and the insurer is ABC Company. The premium is 50$ and the face value of the insurance is 6000$. In case Bill does not die during the 10 years, ABC Company will not be liable to pay any money to any of the parties involved. Often the owner and the insured are same. That is a person buys a policy to cover his own death and nominates a beneficiary.

Term life insurance is a legal contract with terms and conditions and assumed risks. Sometimes there are special provisions like suicide terms wherein on suicide of the insured there is no benefit accrued to the beneficiary. Term life insurance is based on two concepts, theory of diminishing responsibility and Buy Term and Invest the Difference (BTID). In Term life insurance the responsibility or liability of the insuring company reduces as the policy reaches its maturity. Term life insurance is the cheapest type of insurance policy available because there is no cash value at the end of the period. Studies have shown that the mortality rate in term life insurance policies is as low as 1%. Hence the concept of BTID. Rather than going for permanent life insurance (where on the expiry of period the owner will accrue some cash benefit and there is a savings component in it) it is considered cheaper to buy term life insurance and take care of the savings components by investing in other areas. With the present market giving good returns on investment, buying a term life insurance is a more attractive option than permanent life insurance. Term life insurance is available for a period of 5, 10, 20 years etc. As the age of the insured increases the premium increases. The premium is calculated based on mortality rate which is usually dependent on age, sex and whether the person uses tobacco. Most companies provide annual renewable term where in the term can renewed annually however the premium increases annually.

Compare Cheap Car Insurance Quotes

When you compare cheap car insurance quotes, you probably compare the prices of each policy you’re considering. While comparing prices many seem like the obvious way to get a cheap car insurance quote, price should only be one factor.

Once you have your cheap car insurance quotes, you need to compare them as well as the car insurance companies. There are three factors to consider when you compare cheap car insurance quotes: coverage, cost, and service.

Coverage Offered …

When you compare cheap car insurance quotes, you probably compare the prices of each policy you’re considering. While comparing prices many seem like the obvious way to get a cheap car insurance quote, price should only be one factor.

Once you have your cheap car insurance quotes, you need to compare them as well as the car insurance companies. There are three factors to consider when you compare cheap car insurance quotes: coverage, cost, and service.

Coverage Offered by the Car Insurance Policy

The first factor to consider as you compare cheap car insurance quotes is the coverage offered by each policy you are thinking about purchasing. There’s no point in getting a really cheap car insurance quote if the policy doesn’t offer the coverage you want and need.

Cost of the Car Insurance Policy

Now that you know about the kind of coverage offered by each car insurance policy, take another look at the cost of the policies. Do they still seem as cheap as they once did? With the kind of coverage offered by each policy in mind, does the cost of each car insurance policy seem reasonable, or does it seem you will be paying more than you are willing to pay for that coverage? Especially compared to the coverage and cost offered by the other car insurance policies you are considering?

Service Provided by the Car Insurance Company

It is time to take a look at the service provided by each car insurance company, or at least, the car insurance companies offering the insurance policies that have made your cut thus far. First, check the financial rating of the company; you can do this by asking an independent research company. Next, speak with actual agents and representatives from the company to get an idea of the quality and friendliness of the service. Finally, talk to friends and neighbors about their experiences with each car insurance company.

How To Get Affordable Homeowner’s Insurance In Alabama

If you have a mortgage on your home it will come as no surprise to you that your lender requires you to purchase homeowner’s insurance. But did you know that almost 90% of Alabama homeowner’s who own their homes free and clear still choose to purchase homeowner’s insurance?

The reason isn’t difficult to figure out. For most people their home is their biggest and most prized asset and they simply want to do whatever they can to protect that asset. And well they should.

O…

If you have a mortgage on your home it will come as no surprise to you that your lender requires you to purchase homeowner’s insurance. But did you know that almost 90% of Alabama homeowner’s who own their homes free and clear still choose to purchase homeowner’s insurance?

The reason isn’t difficult to figure out. For most people their home is their biggest and most prized asset and they simply want to do whatever they can to protect that asset. And well they should.

On the other hand there’s no benefit to paying any more for homeowner’s insurance than necessary and so many people are looking for ways to get affordable homeowner’s insurance here in Alabama.

Remember, too, that while your lender has every right to insist that you purchase homeowner’s insurance, your mortgage company cannot legally force you to buy insurance from any particular company. And that is your key to finding affordable homeowner’s insurance.

There are several things you can do that will drive down the cost of your insurance each month.

For example, did you know that if you have a retired person living in your home that you may be entitled to a break on your insurance?

Did you know that your credit score affects how much you pay each month for your insurance? It does. So keep your credit good and your credit score high, because the better your credit score the less you pay for your insurance each month.

Did you know that the biggest reason for a homeowner’s insurance claim is not fire, but water damage? The biggest culprit is either a broken water pipe or a broken appliance connection that floods the house at night or when the home is empty during the day.

Ask your agent how much you could save if you made the one-time investment to upgrade your home’s plumbing and wiring. If the numbers make sense, then go ahead.

Install outdoor floodlights that are motion-controlled and also trim back all bushes away from windows to discourage burglars. Install deadbolt locks on all exterior doors and make certain that every single window has a working lock.

A 24/7 home security system that’s monitored off-site not only helps to protect you from both fire as well as burglary, it can also save you 20% or sometimes more on your homeowner’s insurance – but talk to your agent before installing a system as not all systems merit the full discount on your monthly premium.

Purchasing a kitchen-rated fire extinguisher for your kitchen and installing a full compliment of fire and smoke detectors will also help keep your monthly premium cost down.

Now, taking what you have learned in this article go to 3 different websites that allow you to compare the prices of homeowner’s insurance policies from different insurance companies. Input the same information onto 3 of these websites and then find the company that has the lowest price and which you feel confident will be around for at least another 30 years.

And you’re done. You have now gotten affordable homeowner’s insurance here in Alabama and you can feel confident that you will be saving money month after month and year after year.

Car Insurance – What Is Liability And Collision Insurance?

You know full well that it’s the law, but you’ve been driving around without car insurance for a while now. Why? Car insurance is of supreme importance to any driver, no matter how good you think you are. Accidents happen, plain and simple, and you need to be protected in case it does. Not all car insurance is the same, though, and you may be a little confused as to the concepts.

The first term you need to know is liability car insurance. This covers you from claims arisin…
car insurance,auto insurance,car insurance company
You know full well that it’s the law, but you’ve been driving around without car insurance for a while now. Why? Car insurance is of supreme importance to any driver, no matter how good you think you are. Accidents happen, plain and simple, and you need to be protected in case it does. Not all car insurance is the same, though, and you may be a little confused as to the concepts.

The first term you need to know is liability car insurance. This covers you from claims arising from an accident where there’s bodily damage or damage to property. Generally, there are three main sections of any liability car insurance policy: bodily injury liability coverage, liability coverage for damage to property, and uninsured coverage. The first type of coverage protects you in the case of an accident, for which you are at fault, and others have been injured. Your liability car insurance company will pay any legitimate claims for medical expenses or lost wages. If you’ve run into someone’s wall, or the side of their house, you’ll need liability insurance for property damage, which will pay for repairs. In the instance where you are not necessarily at fault and the other driver does not have liability car insurance, you are protected by uninsured, or under-insured, motorist coverage.

Liability car insurance is not the same as collision car insurance. As you can see, nothing was mentioned about fixing your car in the above description. That’s because it’s not covered under a simple liability car insurance policy. You’ll need collision car insurance, unless you’re willing to pay out of your own pocket. Collision car insurance covers repairs to your car in the case of, you guessed it, a collision with another object. If you’re one of those people who gets their kicks by running over poor, defenseless animals, this coverage isn’t for you. You’ll need comprehensive car insurance to fix that cracked headlight.

Generally, you can choose you’re deductible rate, i.e., the amount that your car insurance company will pay out to repair your car. Typically, the higher the deductible, the lower the car insurance premium. You will definitely need collision car insurance if you are leasing a vehicle, if you own a fairly new car or if you are making payments to a finance company. Owners of much older cars may want to skip this form of car insurance altogether. If your car is totaled, the car insurance company will pay you that market value of your car, minus the value of your deductible. If you are able to absorb the cost of replacing your car yourself, you may want to forgo this.

Online Insurance Quotes

Obtaining insurance quotes offline is a real drag. You can spend hours on the telephone repeating your details to life insurance or household insurance telesales operators in a bid to find the lowest quotes available. It is a time consuming process that requires persistence to keep on phoning insurance agent after insurance agent. You’re often in need of an understanding boss too who’ll let you use the work phone during your lunch hour!

But, in today’s high-tech era there …
insurance, life insurance, life assurance, contents insurance, car insurance, pet insurance
Obtaining insurance quotes offline is a real drag. You can spend hours on the telephone repeating your details to life insurance or household insurance telesales operators in a bid to find the lowest quotes available. It is a time consuming process that requires persistence to keep on phoning insurance agent after insurance agent. You’re often in need of an understanding boss too who’ll let you use the work phone during your lunch hour!

But, in today’s high-tech era there is an easier and much more efficient way of obtaining contents insurance, buildings insurance, car insurance, pet insurance, life insurance and life assurance quotes. All you have to do is log on to the Internet and you’ll find a wealth of insurance resources that enable you to receive insurance quotes online at the click of your mouse button.

Online insurance quotes…the easy way!

The last few years has seen a massive increase in the number of businesses establishing an online presence. Amongst those who have taken to the Internet are insurance companies. There is now a flood of insurance companies online, from well-known high street car insurance names to small local life insurance brokers, all of whom are offering information about their insurance products over the Web.

What’s more, many of the insurance companies provide links to online quotes forms, making the process of obtaining insurance quotes fast and easy. Insurance companies can in fact hand you competitive quotes instantaneously upon receiving the online form. They can also direct you to the application form so you can apply for the insurance online within minutes.

The best places online to obtain insurance quotes are often not directly with the insurance companies themselves. Instead, those looking for online insurance quotes should head for specialist insurance web sites and portals where a collection of insurance companies can be found on one site. These ‘collective’ sites offer consumers several advantages.

Firstly, as there are several (if not hundreds) of insurance companies represented on these collective sites, it is much quicker to find the insurance companies from which to obtain your online insurance quotes than when compared to trawling around the Internet looking for each online insurance agents’ website. The second advantage to using these sites for collecting your online insurance quotes is that many portals allow you to collect instantaneous online insurance quotes through the use of just one single quotes form! So, instead of going to each insurance agent and re-keying the information needed to obtain your online quotes, you only have to enter the information once, saving you bags of time!

But what about price? Surely, if online insurance quotes are not obtained direct from the insurance (or assurance) agent’s website then they’ll be more expensive? In fact, the truth is that they won’t! Specialist portal sites handle all of the admin and advertising for each insurance agent represented so saving those insurance companies a packet. Therefore, if you go direct to the online insurance companies you are likely to receive the same online prices as you would through specialist portal sites.