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	<title>WebProNews &#187; Auto Insurance</title>
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		<title>More People Buying Auto Insurance Online</title>
		<link>http://www.webpronews.com/more-people-buying-auto-insurance-online-2008-03</link>
		<comments>http://www.webpronews.com/more-people-buying-auto-insurance-online-2008-03#comments</comments>
		<pubDate>Thu, 13 Mar 2008 22:15:59 +0000</pubDate>
		<dc:creator>Mike Sachoff</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Auto Insurance]]></category>
		<category><![CDATA[comScore]]></category>
		<category><![CDATA[Kevin Levitt]]></category>

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		<description><![CDATA[<p>Online auto insurance quotes reached 32 million in 2007 and a record 2 million polices were purchased online as well according to a new report from comScore.</p><p>People originally turned to the Internet to learn about auto insurance and compare prices but lagged in making an online purchase. In 2006 there was a shift with an increase in the number of policies purchased online.</p>]]></description>
			<content:encoded><![CDATA[<p>Online auto insurance quotes reached 32 million in 2007 and a record 2 million polices were purchased online as well according to a new report from comScore.</p>
<p>People originally turned to the Internet to learn about auto insurance and compare prices but lagged in making an online purchase. In 2006 there was a shift with an increase in the number of policies purchased online.</p>
<p>&quot;Consumers are demanding the freedom to choose their method for interacting with their auto insurer &#8211; whether online, by phone, or in person,&quot; said Kevin Levitt, <a title="Online auto insurance" href="http://www.comscore.com">comScore</a> vice president.&nbsp;</p>
<p>&quot;The rapid growth of the Internet demonstrates the importance of a multi-channel approach that includes the ability to request quotes, purchase policies and service accounts online.&quot;&nbsp;</p>
<p>In addition to more people buying policies online, the auto insurance industry saw growth in online policy and account management. E servicing is attractive to bout insures and customers because it saves time and money.</p>
<p>&nbsp;Total e-servicing visits grew by 15 percent, with the increase boosted by a 20 percent increase in visits to policy management sections of sites, indicating people are more comfortable with completing more complex transactions such as adding cars to policies online.</p>
<p>&quot;Consumers appreciate the freedom and flexibility of being able to manage their policies online,&quot; continued Mr. Levitt. &quot;Meanwhile, insurers benefit by reducing costs incurred in their offline channels and communicating more effectively and efficiently with consumers, thereby enhancing the lifetime value of the relationship.&quot;<br />&nbsp;</p>
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