Auto Insuracnce-2005

New Auto Insurance for 2005 "The beginning of a new year presents a good opportunity for consumers to evaluate their options and possibly save hundreds of dollars on comparable insurance policies," said Lou Geremia, president of Insurance.com. "This report highlights the tremendous variability in auto insurance pricing across the country. Our data, combined with several external measures, indicates that consumers may be able to take advantage of opportunities presented by carriers with aggressive pricing strategies." Depending on where you live, your quotes for auto insurance premiums may have increased by nearly 22 percent - or decreased by almost 14 percent - during the past year, reports Insurance.com, the largest online auto insurance agency in the United States. That's why shopping for insurance can pay off in savings. Insurance.com's 2004 Auto Insurance Pricing Report highlights the average change in auto insurance premium quotes on a state-by-state basis, based on actual pricing information from 12 of the nation's leading auto insurance companies. The quote information was collected from more than 100,000 auto insurance quotes provided by Insurance.com to its customers in 2004 The 10 states with the largest percentage increases were:

State 2003 2004 % Difference Dollar Change
LA
SC
AR
NV
MT
WY
FL
CT
VA
MD

While the 2004 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 ComparisonMarket auto insurance marketplace in the states where it quotes (all states except Alaska, Hawaii, Massachusetts and New Jersey) and the aggregate profile of consumers who shop at ComparisonMarket. Source - Press Release, Insurance.com