If you plan on driving your car legally, you will need to have a valid car insurance policy. While some may still prefer to call or visit an agent to buy an auto insurance policy, the internet has provided another option for those looking for a policy that meets their needs and budget. What are some of the pros and cons of buying car insurance online?
Pro: You Can Buy a Policy and Download Insurance Cards at the Same Time
As soon as you have completed the process of buying a policy, you can download insurance cards and have immediate proof of coverage. This may be preferable for those who may need to get a new policy before their current one expires or don't have coverage at the moment.
Remember, when you buy car insurance online, you can choose the time and date when it takes effect. Therefore, you can choose a policy and have it take effect that same day.
If you already have a policy, your new insurance company will communicate with your current provider to cancel it and give you a credit for any unused portion of your last premium payment.
Con: It May Be Harder to Talk to a Person About Your Insurance Needs Online
Most insurance comparison websites will give you calculators or other tools to help you create a policy that best meets your needs. However, they may not be effective in answering any questions that you may have.
Even if an insurance comparison site or online broker allows for live chat, the person who you are chatting with may only be able to answer general questions. Therefore, it may be faster and easier to simply call an agent or visit a physical location to find someone who can provide the information that you need.
Pro: Get Multiple Quotes at Once
The best reason to buy car insurance online is the fact that you can see multiple quotes in a matter of seconds. This gives you a visual representation of the best prices on the market. It may also be possible to compare insurance companies based on their ratings or other criteria that you choose.
What this does is allow you to find both a quality policy and a quality insurance company. With so many discount companies out there offering rock-bottom rates, it may be tempting to take the policy that has the lowest premium. However, it is critical that your insurance company will honor the terms of the policy if you ever need to file a claim.
Con: You May Need to Disclose Personal Information Online
To get the most accurate auto insurance quote, you may need to consent to a credit check as well as provide your location or other personal information. While buying a policy online is safe and secure, the information that you provide could be used for marketing purposes.
For instance, you may see ads for whatever company you just shopped at online or get emails from companies asking if you are still in the market for a new insurance policy. While it may be nothing more than a nuisance for most, those who are wary of providing information online may be better suited talking to a person over the phone or at a physical location.
Pro: Buy a Policy When It's Convenient for You
If you work during normal business hours or have to sleep before working a night shift, you may not have time to buy insurance during the day. Therefore, it may be necessary to go online to buy a policy late at night or on a Sunday.
The good news is that the internet is always open for business, which makes it possible to get the coverage that you need on your schedule. As an added benefit, you may be able to compare quotes or purchase insurance via your smartphone or tablet. That may allow you to buy a policy even if there is no computer nearby.
Con: Initial Quotes May Only Be Estimates
The initial quote that you receive from an insurance company may only be an estimate. Therefore, you could be quoted $60 a month for coverage only to find out that your policy actually costs $100 a month or more. While this may seem deceptive, any discrepancies between an estimated quote and an actual quote may have to do with the information you provide.
For instance, if you forgot about an accident that you had last year or the ticket you received last week, it may not factor into your quote until after an insurance provider does a comprehensive check. While you may be able to afford the higher cost, you can't get back the lost time spent comparing quotes. Therefore, it may be easier to talk with a person to ensure that you account for everything when requesting a quote.
At Calema Insurance Agency, we understand that our customers have varying needs and preferences when it comes to buying car insurance. That is why we allow you to buy a policy online, over the phone or at one of our physical locations. This provides you with the convenience that you need and the customer service that you expect when working with us to meet your insurance obligations.