What Exactly is Direct Car Insurance? And is it Cheaper?
Direct car insurance, just like the name suggests, is an insurance you buy directly through the insurance carrier, without the help of an agent. Direct insurance is also called online insurance and it is popular with millennials as they are most comfortable with online purchases.
How Does It Work?
A direct insurance carrier essentially cuts the middleman in the process and sells directly to you. This means that you have the ability to maintain, write and access your own insurance policy. By eliminating the middleman from the process, you have an opportunity to get lower premiums and enjoy all the benefits that your insurance company is offering. There are also many specific insurance plans that are designed for special drivers, for instance women drivers, teenage drivers, retired drivers, unemployed drivers, etc. When you opt for direct insurance, you can get the best value for money if you fit into any of the specific categories.
Where can You Buy Direct Car Insurance?
The best place to look for direct car insurance is on the internet. Keep all your information ready, input it on the insurance company’s website and get a free quote. Remember that the more accurate information you feed, the more accurate your quote will be. If you have any questions regarding your direct insurance policy, you can always get in touch with the company through their online chat or phone call. Before you finalize your policy, it is best to call and check with the insurance professional if you’ve set up everything properly.
As direct insurance companies don’t have to pay any commission to agents, they are able to pass on additional discounts to customers. In many cases, brokers or agents might get higher commissions from the insurance company and they only pass on a few small discounts to their customers. However, it is important to carefully analyze the discounts in your policy and make sure you are not skipping any crucial cover just to save on the premium costs. In some cases, buying direct insurance can be cheaper, especially if you know what you want and you have compared the costs online.
For car owners who want to take care of their business on the internet, direct insurance is a great idea. It saves a lot of time and effort. Also, in case you require, you can always talk to licensed insurance professionals for effective coverage counselling. Most direct insurance carriers also operate their call centers 7 days a week, for more than 12 hours so their experts are always reachable if you have any doubts.
Should You Get Direct Insurance?
Buying direct insurance is an entirely personal choice, based on individual preferences. While many people like the idea of buying their insurance by themselves, others cannot imagine buying insurance without an agent. If you want to gain maximum savings, it is best to research, quote, compare and look for the best customer service when buying direct insurance. Always opt for a policy and carrier that you are comfortable with to enjoy the benefits of direct insurance.