Is buying Motor Insurance Direct a cheaper option?
Direct Motor Insurance – is it Cheaper?
There are advantages and disadvantages to buying motor insurance direct from an underwriting company. Many believe that the advantages of buying direct from the Insurer are that in some cases the quotes offered will be less than if you purchased through an intermediary, but quite often this is not so!
The downside is that if you purchase direct from a Motor Insurer you will lose out on the benefits of when you Compare Motor Insurance from multiple suppliers or providers on a comparison site.
Many direct car insurance companies can make savings in commission and data handling , which many do pass onto their customers in discounted premiums or marketing ‘ offers ‘ such as offering a years cover for the cost of only 10 months cover , or throwing in some extra cover for free, such as car breakdown insurance.
These advertising sweeteners should always be viewed suspiciously by the person thinking of buying a motor insurance policy , as it’s quite often the case that the real costs of the ‘special deal ‘ are included within the base rates in the car insurance quote returned .
With so many different types of car insurance distribution points available today it is often hard to work out whether you are purchasing your insurance from a direct seller , or not. It is quite possible that the insurance company you are speaking with are not Motor Insurance Brokers?
How to Contact a Direct Insurer
Perhaps it is easiest to purchase direct cover by either picking up the phone and diallng a car insurance company that you found in the telephone book. A specialist direct motor insurance company in the UK is Flux who can be reached direct on 0800 089 0182
Alternatively shoppon the Internet where you can find many types of Direct motor insurance sellers and policies.
These Direct Car Insurance websites also include providers of Specialist Car Insurance and Performance Car Insurance.
Whichever method you prefer to purchase , make sure that you know , whether you are purchasing from a direct car insurance company or from one of the other intermediaries that exist . If you don’t it could cost you a lot more than it should !
However you choose to buy your annual cover it should always be with what is necessary for your individual needs , in mind. you should always make comparative decisions on a like for like basis. If one policy being offered a for a lot less than a competitor, you should check carefully the levels of cover booklet , and compare the differences.
Some people will require help in deciding what covers you require - call a specialist insurance broker or direct car insurer and they will be able to explainexactly what the costs and covers are .
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