Many of you are familiar with the common television promotion in which a cute gecko promises to save you money if you buy their cheap car or motorcycle insurance. Nonetheless, is the cash-saving lizard genuine, or is it just more marketing subterfuge put on by another loquacious ad-man?Click over here for additional information on motor cycle insurance .

Since the advent of free quotes online a few years ago, literally hundreds of insurance companies have jumped on the bandwagon with the mission to urge customers to buy their cheap car insurance. The providers accomplish this using comparative charts displaying their rates against the competition and urge you to purchase their brand of cheap car insurance.

However, is it possible for every car insurance company to actually be the cheapest? Yet, at least one company has to be more costly, otherwise, all prices would be the same. Well, there must be an answer to how the cheap car insurance strategy is possible.

The insurance companies employ a great deal of statistical data to determine a cheap car insurance premium they will set for certain drivers, moreover, the standard set for individual classes of drivers will vary from company to company. The various classes of drivers inherently has a likelihood of filing a claim due to a covered occurrence, and therefore some insurers are able to absorb the costs of higher risk class drivers than others. This is why a company is able to offer cheap car insurance while other companies have to charge more.You will get additional invaluable information relating to motor cycle insurance here. For example, Company Y writes 72% of their insurance to middle-aged (low risk) drivers. As a result, the amount of claims filed will be notably low and, they are better financially suited to underwrite more high-risk (males 18-25) policies at a discounted rate. The insurance company will solicit drivers in that high risk demographic to secure their business as a new customer. Even though the amount saved may be less than 15%, the consumer is satisfied that he has received a cheap car insurance rate from a reputable company and the company is glad to have a new customer. It is improbable an insurance company will disclose their statistics or demography employed for formulating insurance premiums, for this reason, it is imperative you evaluate more than one cheap car insurance quote. Checking more than one online quote source will eventually produce a suitable and affordable quote. The caveman or lizard may not save you as much as your good neighbor, so be sure you are in good hands by comparing several online companies to get a cheap car insurance quote.You will get stacks of additional information on best motorcycle insurance here.