SIX Common Myths About Online Insurance Shopping

Suppose you require repairs for your house and you approach a local contractor who claims he can save you both time and money but reveals that he isn’t licensed. 

Probably, you would not consider working with him. Interestingly, people are confronted with a similar scenario when purchasing insurance daily, yet they often choose to proceed without consulting a licensed agent.

When you opt to purchase a policy online, do you fully comprehend the implications of all the coverage options available?

Are you equipped with the knowledge to determine what is best suited for your unique situation and exposure?

We were curious as to why the idea of “saving 15 minutes” seems to have such a strong appeal to consumers.

Myth #1: All Online Insurance Providers are the Same

One of the most common misconceptions about online insurance shopping is that all providers are the same. This couldn’t be further from the truth. In reality, there are numerous online insurance providers, each with its own unique coverage options, pricing structures, and customer service experiences.

To debunk this myth, it’s important to stress the importance of comparing quotes from multiple providers and doing research to find the best fit for your needs. By taking the time to compare and contrast different providers, you can find the coverage options that are best suited to your individual needs and budget.

One of the best ways to do this is to utilize online comparison tools, which allow you to quickly and easily compare quotes and coverage options from multiple providers side-by-side. Additionally, it’s always a good idea to read reviews and feedback from other customers to get a better sense of what to expect from a particular provider.

In short, don’t fall victim to the myth that all online insurance providers are the same. Take the time to do your research and compare quotes to find the best fit for your unique needs.

Myth #2: Shopping Online Saves Time – Debunked

The experiment began with a simple Google search for insurance, and the overwhelming number of options available for the consumer. Despite the convenience of online shopping, the search yielded only two finished quotes after over an hour of researching and comparing.

While it’s true that shopping for insurance online can be more convenient than visiting an agent in person, it’s a myth that it always saves time. Online insurance shopping can sometimes be time-consuming due to the amount of information and options available. 

Here are some potential time-consuming aspects of online insurance shopping to be aware of:

  1. Researching Providers: There are countless online insurance providers to choose from, and it can be time-consuming to research each one to find a reputable provider that meets your needs.
  2. Completing Applications: Filling out insurance applications can be tedious and time-consuming, especially if you’re not sure what information is needed or if you have to enter the same information multiple times.
  3. Comparing Policies: Comparing different insurance policies and providers can take a significant amount of time, as you’ll need to consider coverage options, pricing, and other factors.

However, there are ways to save time when shopping for insurance online:

  1. Use a Comparison Website: Comparison websites can help you quickly compare policies and providers based on your specific needs and preferences.
  2. Pre-Prepare Information: Gather all the necessary information, such as your driver’s license number and vehicle information, ahead of time to streamline the application process.
  3. Contact Customer Service: If you have any questions or concerns, contact the insurance provider’s customer service team for assistance to save time researching and trying to figure it out yourself.

By being aware of potential time-consuming aspects of online insurance shopping and utilizing these tips, you can save time and find the right insurance policy for your needs.


Myth # 3: Online shopping is simple

I discovered that each business has different wording, and in some cases, different coverages that the others may not have offered, after browsing many websites and jotting down a few quotations. All of the varied definitions and coverages started to become even more complicated as I moved further along. You are left to figure this out on your own as a consumer, or worse, you call an 800 number and speak to Joe, who may or may not know what he is talking about, but when you call him back with more questions, you’ll talk to Susie, and then Meredith, and pretty soon, you’ll talk to 5 different people (like I did), all of whom will have entirely different answers.

We can inform you which businesses offer the coverages you require and which companies might not be a suitable fit for you because every firm we work with has meticulously trained an agent. You have a designated agent and a designated account representative who are both licensed, in addition, licensed the fact that we are intimately familiar with each business. You’ll frequently communicate with the same individuals whenever you have a query or complaint.

Myth #4: Buying Insurance Online is Risky and Untrustworthy

There is a common misconception that buying insurance online is risky and not as trustworthy as traditional methods. However, this is simply not true. Online insurance providers are subject to the same regulations and laws as traditional providers, and many have put in place additional security measures to protect their customers. For instance, most online insurance companies use encryption technology to protect sensitive information and ensure secure transactions. In addition, many providers have implemented authentication procedures to verify the identity of customers and prevent fraud.

Furthermore, online insurance shopping provides an added level of convenience and transparency for customers. With online tools and resources, customers can easily compare rates and coverage options from multiple providers, as well as read reviews from other customers. This increased competition among providers can lead to more competitive pricing and better deals for customers. Overall, buying insurance online is a safe and trustworthy option that can save time, and money, and provide peace of mind.

Myth # 5: I Can Choose My Coverages and Quote – A Common Misconception

One of the most common misconceptions about online insurance shopping is the belief that consumers have full control over the coverage options and quotes they receive. However, this is often not the case. Many insurance websites offer pre-set packages with limited customization options, leaving consumers feeling dissatisfied with their coverage. Additionally, without expert guidance, consumers may not be aware of important coverage options that are relevant to their specific needs. 

I look at my current insurance, and I enter the same coverage on the coverage quotation form, and it populates a number for me. Oh, this seems to be good! Since I entered the coverage of my coverage policy, I know that this particular firm isn’t removing any coverage, and their quote was roughly $500 per year cheaper than the cost of my current policy. Right? Wrong! I found after carefully going over their price that they had given me their “recommended coverage,” which had nearly $300,000 LESS liability than what I had requested! Is anyone else curious anyone about how they were able to “recommend” insurance to me using a basic online form?

To create personalized quotes recommendations based on your unique situation, our agents take the time to ask you detailed questions. It takes much more than just inquiring about the client’s employment and type of car to suggest coverage to them.

We believe in empowering our clients to make informed decisions about their coverage. Our agents work with you to understand your unique needs and provide tailored recommendations for coverage options that fit your lifestyle. We offer flexibility in coverage options and have access to a wide range of insurance providers to ensure that you receive a comprehensive policy that meets your needs and budget. Don’t fall prey to the misconception that you have limited control over your coverage options – let us help you navigate the complex world of insurance to find the perfect policy for you.

Myth # 6: The quotations are exact and timely

Naturally, every firm questioned me about any fines or accidents I had in the previous three years. Naturally, I can’t recall the date of that speeding ticket either. I continue with the quote assuming it has been three years. Sadly, this is what I found with the majority of the businesses I received quotes from online—they don’t check my driving history until AFTER I buy the policy. I see that I still have the speeding ticket on my record. I mistakenly believed I was saving $150 annually, but after they write me to inform me that my rate has raised as a result of my ticket, I am back at square one with no savings and a tonne of wasted effort.

Our agents realize that citations, fender benders, and even DUI’s. Our agents are also aware of how crucial it is for customers to receive an accurate rate quote. We run our reports before you buy a policy from us, we can even help you understand what is chargeable and what isn’t and let you know when you can expect points to come off of your record. We think that educating our clients is the greatest method to help them!

We have so much information on our fingers because of the internet! out other items, like the insurance you buy to protect your family and your belongings, should always be assessed by a professional. You may get the expert counsel and suggestions you require while still having a positive shopping experience. even electronically if you choose that!


In conclusion, online insurance shopping can be a convenient way to get coverage and save money, but many myths and misconceptions can trip you up. By debunking these common myths, we hope to help you navigate the online insurance shopping process with greater confidence and success. Remember to do your research, compare quotes from multiple providers, and be mindful of potential pitfalls like inaccurate quotes or limited coverage options. With the right approach, you can find the insurance coverage you need at a price you can afford. So don’t be afraid to shop around and take advantage of the many benefits of online insurance shopping.