—
According to the Bureau of Labor Statistics, in 2010, the last year data was available, the average American household spend over $1,000 in automobile insurance costs monthly, with Michigan and Detroit having the highest insurance rates in the country. Moreover, the Insurance Regulatory and Development Authority is planning to roll out new third-party car premium rates, causing insurance premiums to go up by 20%, starting this month.http://youtu.be/wFMojPoamnk
“Right now, the cost of insurance in America is simply unbearable”, says Marketing Manager for CarInsuranceRates.com, one of the oldest full-service insurance quote websites. “We cannot have insurance rates almost exceeding $1,000 per month in a city like Detroit, for example, where the average resident doesn’t earn more than $25,000 per year. The rates for car insurance right now are outrageous.”
Fortunately, according to CarInsuranceRates.com’s recently-published guide from last week, there are still plenty of ways to trim the cost of insurance. Starting with gaining a clearer understanding of the type of coverage needed and how premiums are calculated to ways to find discounts and trade-offs for cheaper insurance, the guide covers all the basic elements of getting advantageous car insurance quotes, guiding the drivers across the complicated maze of car insurance.
Aside from selecting an affordable policy and carrier, drivers can take additional steps in making auto insurance more affordable.
CarInsuranceRates.com names two strategies that can make any car insurance policy inexpensive and manageable: increased focus on personal finances and potential arrangements with the carrier.
Aside from offering comprehensive information about how to select the right coverage and carrier of online auto insurance in order to minimize costs, CarInsuranceRates.com is constantly reviewing insurance companies and their services, matching customers with trustworthy brokers offering top-notch policies. The website also offers updated comparison tools to help drivers make an educated decision when it comes to saving on insurance bills.
About CarInsuranceRates.com
CarInsuranceRates.com is a full service quote website providing car insurance quotes since 1997. We have also built a large archive of car insurance articles, tips, and expert advice.
Contact Info:
Name: Jim Raines
Email: Send Email
Organization: Carinsurancerates.com
Address: 800 Fifth Avenue, Suite 4100 Seattle, WA 98104, United States
Phone: (866) 275-6234
Website: http://www.carinsurancerates.com/
Release ID: 9468
Google
RSS