Average car insurance rates rise 3.4 percent in 2Q

Published - 07/16/2008 02:00 PM

Auto insurance rates rose for the second straight quarter, with the sharpest jumps occurring in Indiana, Arkansas and Rhode Island, according to a report released Thursday by Insurance.com. The online auto insurance agency said that the lowest car insurance quotes, on average, increased 3.4 percent over the first quarter to $1,893 ... 

Daily Insurance News  Company Press ReleasesPost News  RSS Feeds

Insure.com: Switching to a Smaller Car Can Increase Your Insurance Bill

Published - 07/16/2008 02:00 PM

DARIEN, Ill., July 16 /PRNewswire-FirstCall/ -- Insure.com, Inc. (Nasdaq: NSUR - News) has today released the results of a new study that confirms yet more bad news having to do with rising oil prices: Switching to a smaller car can actually increase your car insurance bill. Americans are ... 

Daily Insurance News  Company Press ReleasesPost News  RSS Feeds

Michigan consumer advocate wants fairer premiums

Published - 07/16/2008 02:00 PM

LANSING, Mich. - Michigan's new insurance consumer advocate says state laws favor insurance companies over consumers when it comes to setting rates. State law requires that insurance rates not be "excessive, inadequate, or unfairly discriminatory," but assumes rates are affordable as long as there's competition in the market, Melvin "Butch" Hollowell ... 

Daily Insurance News  Company Press ReleasesPost News  RSS Feeds