Auto Insurance

 
 

Learn More About Online Car Insurance

 

    You now know where to find online auto insurance but what does it all mean. The benefit to online car insurance is obvious, instant quotes, instant advice, and through us you can get all the tips and knowledge you need to make the right decisions when shopping online auto insurance. Here is some of that info you need to get a hold on online car insurance purchasing.

 


    The average cost of automobile insurance declined by 1.3 percent in 2005, according to a September 2007 report from the National Association of Insurance Commissioners (NAIC). New Jersey had the highest average expenditure ($1,184), followed by the District of Columbia ($1,182), New York ($1,122), Massachusetts ($1,113) and Louisiana ($1,076).

AVERAGE EXPENDITURES FOR AUTO INSURANCE,
UNITED STATES, 1996-2005

Year


Average Expenditure


Percent Change


Year


Average Expenditure


Percent Change

1996

$691

3.4%

2001

$726

5.2%

1997

705

2.0

2002

781

7.6

1998

703

-0.3

2003

824

5.5

1999

685

-2.6

2004

840

1.9

2000

690

0.7

2005

829

-1.3

Source: © 2007 National Association of Insurance Commissioners.

 

TOP FIVE MOST EXPENSIVE AND LEAST EXPENSIVE CITIES
FORAUTOMOBILE INSURANCE, 2007 (1)

Rank

Most expensive cities


Average annual auto premiums

Rank

Least expensive cities

Average annual auto premiums

1

Detroit, MI

$5,072

1

Eau Claire, WI

$869

2

Philadelphia, PA

3,779

2

Norfolk, VA

954

3

Newark, NJ

3,381

3

Raleigh, NC

966

4

Los Angeles, CA

3,027

4

Bismarck, ND

989

5

Hempstead, NY

2,764

5

Burlington, VT

1,001

(1) As of June 2007. Assumes $100,000/$300,000/$50,000 liability limits, collision and comprehensive with $500 deductibles, and $100,000/$300,000 uninsured coverage.
Source: Runzheimer International.

 

LEADING WRITERS OF PRIVATE PASSENGER AUTO INSURANCE
BY DIRECT PREMIUMS WRITTEN, 2006


($000)

Rank

Company/Group

Direct premiums written (1)

Market share

1

State Farm Mutual Group

$29,582,026

18.0%

2

Allstate Insurance Co. Group

18,293,861

11.1

3

Progressive Casualty Group

12,077,096

7.3

4

National Indemnity Co. Group (Berkshire Hathaway)

11,105,001

6.7

5

Farmers Insurance Group

8,109,760

4.9

6

Nationwide Group

7,489,998

4.5

7

United Services Automobile Association Group

5,964,245

3.6

8

American International Group

5,002,978

3.0

9

Liberty Mutual Group

4,251,008

2.6

10

American Family Insurance Group

3,536,914

2.1

(1) Before reinsurance transactions, excluding state funds.
Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.

 

For more great inforamtion please visit the Insurance Information Institute
http://www.iii.org

 

Insurance Quotes Home   |    Auto Insurance Quotes   |    Health Insurance Quotes   |   Home Insurance Quotes    |   Life Insurance Quotes    |     Rental Insurance Quotes

 
www.ChuckDProductions.com created this page: Online Car Insurance | Online Auto Insurance