Amish Shah : I was thinking of going in for online auto insurances quotes but was advised that it is not save and that the rates are not accurate?

Compare auto insurance quotes online and get low auto insurance rates. Period.
Response : Amish, you are not the only one but still a lot of people fear online buying or shopping. They are afraid to get a quote online because they fear it isn’t safe? These are some of the top myths which need to be clarified. Thanks to the social medias online, people are now thinking of the web as much more reliable to get information quickly and instantly.
Let me explain that taking a quote online is no different than taking it from an insurance company or agent. In fact, the agent might not be aware of the latest changes. However when the auto insurance companies set up Web sites for you to put in information directly into the system, the auto insurance rates are calculated by special programs which are tested before they are launched. The insurance companies have specifically designed the program which would take in the entire algorithm to measure a risk and calculate the risk based on information. The insurance agents can also perform and do perform the same task; however the insurance companies save on operating cost and so prefer online auto insurance ratings. The insurance company does not have to pay the agent commissions and the amount given for online advertising and promotions is very nominal compared to the commissions. What is important here is that the information given by you is correct to get the correct quote. For example if you miss to give the detail of any accident or an additional driver than the quote will be different.

Secondly, when you get the quote you should look for any information or waiver given by the insurance companies. In case there is some special situation and there is no question pertaining to this, please do not hesitate to call up the insurance company’s customer service department and get the information or explain the situation. This customer service department person is well-versed of such situations and will walk you through the quote.
Here is a special tip, compare auto insurance quotes online and select the best or low car insurance rate which you like. Call on the insurance company and speak to their customer service department, you would get a fair idea of their customer dealings which is important for you and than go online and buy your insurance.

Andy Jenkins: My auto insurance policy is due for renewal in January 2010. Are there any changes and new tips to compare car insurance quotes online in the New Year? Will there be any changes in the auto insurance business?

Response : An excellent question. The good news is that the New Year is going to give you a gift in the form of auto insurance discounts and low auto insurance rates if you compare auto insurance quotes.

Yes, insurance field is very dynamic and any changes in the life-style, environment or technology would bring in changes in the insurance. Auto insurance is also dynamic and you need to be aware of the changes to compare auto insurance quotes. This is the main aim of the blog to bring news of the insurance market and explain the same in simple logical terms to insurers so that they would benefit from this.

Here is the latest news on the 14th December 2009 from the Insurance Information Institute by the Vice President Loretta Worters. As declared by them the insurance industry is encouraging the ” going green” better technology and changes for the environment. More than 600 innovative, eco-friendly products and services are now offered by 244 insurers, reinsurers, brokers and insurance organizations in 29 states; of which 37 percent of those activities come from U.S. companies.

These changes are also brought about in the car insurance ratings and auto insurance quotes. The next year when you sit to compare auto insurance quote or compare car insurance quotes keep in mind the two points:
1) Pay as You Drive (PAYD) insurance programs. More than 24 insurers now offer PAYD programs in which a device or sensor is attached to your car and it would keep track of the miles you drive, your speed and your driving. One of them very much advertised and implemented latest in Ohio is by the Progressive insurance company. There are many similar programs like this which use different devices like the GPS system, which are web-based or collect readings from the odometer or use different technologies. The information is then used to reward policyholders who drive fewer miles than the average driver by providing them with discounts. You will have to compare auto insurance quotes after agreeing to use any of the devices depending upon the usage of your car, the technology you are comfortable with and also your own driving habits.
2) Hybrid discounts. If you are thinking of changing your car than it would be best if you would go for a hybrid car since you will save on your auto insurance premium. Some auto insurance companies offer premium discounts up to 10 percent for those who drive hybrid vehicles. I will let you know which are the safe cars in my next blog post.
You will be able to compare auto insurance quotes and also obtain a low auto insurance rate online.