How the internet has changed the way we
should buy insurance.
The internet has got a lot to answer for,
and the way we communicate with each other, even in the same house has been
changed by our ease of access to technology. Rarely do families now sit around
the lounge actually talking to each other, instead communicating with each
other and the outside world through a range of devices including smart phones,
tablets and laptop computers.
The way in which we do our shopping has
also changed quite substantially, although many, apart from the shop based
retailers, will agree for the better as we can now do our shopping online, or
reserve products in a store before visiting ourselves to collect the items we
need. We can also compared the price of different products before visiting the
shop that sells it the cheapest, something we may have had to do on foot, or
over the phone previously.
The biggest difference the online world
has made to shopping online comes in the financial market, where the purchasing
of insurance products has been totally revolutionized.
No longer will customers be happy to
trust their auto insurer that their renewal quote is good value, simply logging
onto an insurance comparison site before comparing the cost of auto insurance
from over 100 different providers in one place, thanks to one thirty second
search after typing their details in once.
To get the same information 15 years ago
would have required a customer to make over 100 different phone calls, giving
their details 100 different times and spending so long, and so much on their
phone bill that it’s actually no surprise most people chose to stick to the
same insurer year after year.
Life insurance has also changed
substantially, and in the UK at Life Insurance Quotes we’ve seen a huge increase in the
number of customers now using our comparison service to find the cheapest life
insurance from a number of the leading life insurance providers, instead of
paying a mortgage advisor or financial advisors commission through the price
they paid for their life insurance in the first place.
The internet means things will never be
the same again, but the whole world has become more accessible, and those who
sell the best products, at the right price will inevitably prosper as more and
more reviews and recommendations point customers in the direction of their
website, and their products.
This is a guest post, I'm guessing from the publicist for the owners of the links. I checked out the links and they appear harmless. I accept guest posts that are interesting or make sense. This makes sense for me as this is how I now shop. Posting this is not, in any way, an endorsement of the links or the companies they represent.
If reviewing a product, it may have been received free of charge. That will NEVER have a bearing on my recommendations.
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