Written by Long gone are the days when your only options for obtaining auto insurance were to call an insurance company, or walk-in and talk to an agent face-to-face. Now, consumers have another choice – online.
The online segment of auto insurance is more important than ever as less people have the time to call an insurance company, or walk-in to an insurance agents office to get a quote. In addition to the time savings, getting a car insurance quote online offers instant comparisons which is key to finding the lowest rates – and of course, the ability to purchase you policy instantly and print out your insurance card is something you can’t do anywhere as efficiently.
Just how big is that online auto insurance quote business? In the 3 years spanning 2004 – 2007 consumers in the U.S. requested over 100,000,000 automobile insurance quotes, and over 30 million in 2007 alone attributing to over 2 million purchased policies in that year.
The auto insurance industry is evolving, and the numbers suggest that consumers are following quickly with a rapid transition to the Internet for essential products and services.
I always get car insurance quotes online. it’s just so much easier than calling a company on the phone, being put on hold.
100 million quotes? wow. makes you want to just shop online for everthing.
so are they going to start lowering prices now? Seeing as how everyone’s getting a quote online, only seems fair that they’re saving a load of money and can pass it on to us.
cut me a check on some of that…that’s a lot of quote.s
pass those “savings” on instead of the “losses”. Man ins companies pi@@ me off.
that’s millions of insurance quotes per year…sweet.