Singapore, Singapore (PressExposure) March 16, 2011 -- A free car insurance comparison tool just launched by http://www.motorinsurancesingapore.com is now helping car owners save money in ways they never knew were possible.
Along with the tool, a demo program was also launched to orientate new users to different features available. Compared to what was readily available on the Internet, this is considered a great breakthrough to consumers.
To use the comparison tool, users will only have to take less then 2 minutes to fill up a simple form consisting of 3 sections - personal information, vehicle (automobile) information and car insurance (aka motor insurance) information. This is the easy part.
Behind the simple tool, complex processes and calculations are made. It works grabbing quotations from every available insurer and presents the 3 most competitive quotes to the user.
After getting the quotations and other information related to the price, it then optimizes the quotes by identifying the 3 critical factors that influence the price of car insurance. After that, it uses a point system to make sure the quotes are free from non-essential fluffs before presenting it to the user.
By using this technique together with a proprietary technology, car owners can expect to save up to $800 on car insurance every year. This is the reason why this new tool is already so popular.
Later versions of this software will include information on how to identify the best quotes using this car insurance comparison tool. The best motor insurance quotes may not be the cheapest. Thus you'll need to use some experience in order to fish out the best deal for yourself. However not everyone has years of experience behind them. Thus a step-by-step guide proves to be useful for amateurs and experienced car owners alike.
With this new feature, comparing car insurance can take just minutes of your time... literally.