The Way Motorhome Owners buy Insurance is Changing

Research has suggested that a lower number of motorhome owners are considering changing their insurance companies.

That is the surprising result of a survey, performed by a market research company, which also indicated that the number of mobile home owners who are using online auto insurance tools to change their insurers has also been dropping. Despite the fact that price comparison sites are spending a huge amount of money in order to attract new business, there are fewer people seeking to leave their current provider. According to the results of the research, in 2011 only 23% of motorhome owners shopped around to see if they could find an insurer that would better suit their needs and expectations as well as saving them some money. This is a significant drop from 2010, when 36% did the same thing. The survey included over 9,000 respondents who took part in the research. The report shows the highly competitive nature of the insurance industry and the considerable struggle they have to persuade some drivers to change companies for a better deal.

According to the report 55% of insurance shoppers start their search for coverage online, with 76% of these consumers visiting an insurance company’s website at least once. Additionally there were 32% who rely solely on the Internet to find quotes. The research did not indicate the reason why drivers were (or were not) shopping at online auto insurance comparison sites. There was also a slight increase in the number of drivers who decided the best idea was to approach a broker to do the hard work for them.

It’s easy to assume that motorhome insurance is just like insuring a car, but there are some big differences to consider. Shopping for motorhome insurance online can also be very tiring as there are hundreds of companies, with thousands of policies each offering something different with each having a range of exclusions and options. This is where an Insurance broker can help find a tailor made insurance quote. They can find some of the cheapest motor home insurance policies around without compromising on the quality of the product.

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