QuoteMyWheels vs The Rest - Why we are the honest choice
Whether its house prices falling or interest rates rising, Australians seem to be doing it tough in 2011. But luckily there is an easy way to save a few bucks and that is on your car insurance. If you want the best car insurance quote you can find then it is important to compare car insurance from a number of underwriters, and remember, it is the insurance underwriter that sets most of the price and also what features are to be used. There are less than 10 main underwriters for Australian but these are offered through over 70 different car insurance companies that you see on the TV. If you get a car insurance quote from one company it will often be the same as for another.
The best known car insurance comparison websites in Australia use this tactic and offer you 8 quotes from the same owner and underwriter. They fool you into thinking you're doing the best to compare car insurance the right way but in fact you are often doing exactly what you shouldn't and getting 10 online insurance quotes and all come from the same underwriter. You think you are comparing from over 10 insurance companies but you really comparing just one or two.
So how do you avoid this? Find out who the underwriter is, it will say in the PDS (Product Disclosure Statement) or in the policy information section. You will see that most of the policies are the same and the prices all similar. You may even find that the owner is the same. So you're not really comparing apples with apples. I'd say, more like apples vs cabbage - and thats a terrible comparison.
The QuoteMyWheels team are honest and the 3 insurance providers we affiliate with you are able to get quotes from 7 different underwriters. Try them and see if you can get a better quote. We are always interested to hear and want to promote the best car insurance companies for you to use.