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Insurer pushes online policies

Australians are missing out on savings by not buying insurance online, says Allianz Australia...

Australians are missing out on savings by not buying insurance online, says Allianz Australia.

The insurer’s poll of 1200 people finds 44% of respondents think buying insurance online is no cheaper than over the counter or telephone.

That view is especially common among internet savvy 18-to-34 year olds – at 53%.

Overall, only 32% believe online policies are cheaper.

Allianz GM for Direct Insurance John Myler claims customers are often missing out on savings of at least 10%. “Buying insurance online often costs less because there are no call-centre costs to factor in,” he said.

Allianz sells about 30% of its policies online. The survey shows better promotion is needed, Mr Myler said.