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Car Insurance Rates Declined in 2006 Reports Insurance.com.


CLEVELAND -- Insurance.com, the largest online auto insurance agency in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , reports a decrease in auto insurance rates depending on geographical location. The company's 2006 Auto Insurance Pricing Report shows a national decline in premiums of 5.7% or approximately $116 in 2006.

Based upon data drawn from the lowest average car insurance rates viewed by over 1.1 million consumers in 2006, the 2006 Auto Insurance Pricing Report gives some interesting insights into state-specific pricing trends, as well as the general trends of insurance premiums.

"We've seen a trend towards more affordable insurance over the last couple of years - Insurance.com's 2006 Pricing Report supports this conclusion," said Dave Roush, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Insurance.com.

States that showed a continuing decrease in insurance rates over the last two years included Minnesota, Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York  and California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , while Delaware Delaware, state, United States
Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island).
, Rhode Island Rhode Island, island, United States
Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches.
 and North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
 saw increases last year.

The most expensive states for auto insurance (based upon Insurance.com's data) include Louisiana, and New Jersey - even though the report shows that the premiums have been getting lower in those states.

"Prices still vary considerably on a case-by-case basis, so it's essential to compare rates before making a purchase. Insurance.com makes it easy for consumers to compare rates and buy the policy that's right for them, either online or over the phone with knowledgeable licensed agents."

Read Insurance.com's 2006 Pricing Report or visit Insurance.com.

About Insurance.com's 2006 Auto Insurance Pricing Report

Insurance.com's 2006 Auto Insurance Pricing Report highlights the lowest average car insurance rates viewed by over 1.1 million car insurance consumers on the Insurance.com platform in 2006*. The information comes from actual auto insurance quotes consumers received from over a dozen of the nation's leading auto insurance companies who participate on Insurance.com's comparative auto insurance platform.

(*)Disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the  

While the Insurance.com's 2006 Auto Insurance Pricing Report is a broad indicator of pricing activity in the personal auto insurance marketplace, it is not a comprehensive index as it reflects only the pricing activity of carriers that have participated in the Insurance.com auto insurance marketplace in the states where it quotes (all states except Alaska, Hawaii, Massachusetts) and the aggregate profile of consumers who shop using the Insurance.com platform.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 2007
Words:376
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