Car and van insurance are some of the most popular financial products sold online, it has been said.
According to Mintel, this is because of the popularity of price comparison sites which allow users to view several policies before making an informed decision.
This has lead to comparison sites growing quickly in recent years and broadband speeds are also making any internet transactions much quicker.
Toby Clark, head of finance intelligence at Mintel, said: "People are used to buying their motor insurance over the internet and its one of the ones people are most likely to phone around to get hold of some quotes for, so it fits together quite well."
A recent press release from Mintel revealed that 65 per cent of people using price comparison sites looked at car insurance, 26 per cent searched for home insurance and 24 per cent researched travel cover prices.
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