People Driving Less, But Auto Insurance Rates Increase, Reports InsuranceBureau.com
Independent consumer watchdog group, InsuranceBureau.com reports auto insurance rates are on the rise across the country. The average auto insurance rate increase is 7 percent according to the Insurance Information Institute.
North Hollywood, Calif. (Vocus/PRWEB ) December 15, 2008 -- Independent consumer watchdog group, InsuranceBureau.com reports auto insurance rates are on the rise across the country. The average auto insurance rate increase is 7 percent according to the Insurance Information Institute.
Interestingly, even though gas prices have fallen, most consumers are still driving less in an effort to conserve money. A poll on GasBuddy.com showed that 70 percent of consumers are driving less even with lower gas prices. "Theoretically, the less you drive, the less chance for an accident, but we are still seeing many companies increase their auto insurance rates," says Eric Oster, the CEO of InsuranceBureau.com.
"There are many options for affordable auto insurance quotes that people may not be aware of or feel they have the time to search for," says Oster. Using a free insurance quotes comparison service is a fast way to compare auto insurance quotes.
About InsuranceBureau.com:
Website visitors can use InsuranceBureau.com to compare insurance quotes from competing carriers. Insurance quotes can fluctuate in price due to variations in an insurance company's underwriting criteria, profits or losses of the previous year. The key to saving money on insurance quotes is to regularly compare insurance quotes from different carriers. InsuranceBureau.com is a trusted source for unbiased insurance information for consumers.
Insurance Bureau
6400 Laurel Canyon Blvd, Ste 460
North Hollywood, CA 91606
Phone: 800.647.2164
Fax: 800.647.2142
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