Independent Blog

Auto Insurance Rates increasing in 2008

Mon, 30 Jun 2008 03:16:00 GMT

According to Insurance.com:

"The Car Insurance Rate Report is a compilation of the lowest car insurance rate quotes given to consumers who visited Insurance.com during the first quarter. On average, the lowest quotes given during that timeframe increased 1.05%, from $1,811 per year to $1,830 per year. At the state level, rates in 28 states were higher in the first quarter, while rates decreased in 19 states and the District of Columbia. These figures reverse the trend noted in Insurance.com's 2007 Pricing Report, which reported a 5.2% decrease in car insurance rates from 2006."

Auto Insurance Cost Trends

Mon, 23 Jun 2008 05:16:00 GMT

While auto insurance has increased by 45% over the past 15 years, in 2006 and 2007 it actually leveled out. However, I'm sure given recent inflaction, auto insurance costs will increase in 2008. Take a look at this 15 year trend chart.

Most Expensive 2007 Cars to Insure

Mon, 23 Jun 2008 05:09:00 GMT

Here's the list from Reuters News Service:

How much do you pay for your auto insurance?

Mon, 23 Jun 2008 05:03:00 GMT

I think I have a pretty good deal but I want to hear what the rest of you think. I have a policy with Geico and here is the breakdown:

A basic 50/100 policy
A couple of tickets, but its been a couple of years
No accidents
2006 Ford Explorer and 2004 Toyota Camry SE
$125 per month

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