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10 Key Steps Purchasing Auto Insurance

December 18th, 2011 | No Comments | Posted in News

If this involves auto insurance, you need to be completely covered when you get into an accident, but you won’t want to pay a lot more than you need to. Regrettably so many people are doing exactly that, since they don’t wish to spend some time searching for car insurance. It isn’t naturally enjoyable, in the end, despite the way it looks in advertisements featuring disgruntled cavemen and joke-cracking spokespeople.

But by doing a bit of price comparisons, you could set aside hundreds of dollars annually in savings. When our editors used an interest rate-comparison service, he got fundamental coverage quotes for his two old cars that ranged from $1,000 to $1,800, a positive change of $800 annually. If you are having to pay thousands for your current insurance provider because you’ve got a couple tickets, any sort of accident or perhaps an out-of-date and unfavorable credit score, shopping your policy against others may be worth the effort. View it by doing this: You are able to convert the cash it will save you into purchasing something you’ve wanted to buy for a very long time or this is one more opportunity to save you and your family some extra money monthly to help you pay your bills. More »

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New Orleans Auto Insurance Rates

August 2nd, 2010 | No Comments | Posted in News

After Hurricane Katrine auto insurance rates in New Orleans have climbed to the highest in its history and also the highest in the nation with the average driver paying an annual premium of $2,510.

The data confirms a trend thoroughly documented by the National Association of Insurance Commissioners.

Louisiana average auto insurance premiums and expenditures have worsened since 2005. In 2005 Louisiana ranked 4th in the nation and in 2006 they moved up to third place and in 2007 they hit 2nd place in the entire country with an average auto insurance expenditures at $1,262 as reported by the NAIC.

Louisiana drivers also pay much higher rates than their peers in nearby states. In Mississippi, drivers paid an average of $814. In Texas, with its large cities and crowded freeways, the average was $955, still 24 percent lower than Louisiana.

Many people have different ideas on why the rates have grown to be so high. Most credit the raise to Louisiana litigation’s, poor drivers, grand theft auto and more crime.

Insurance Commissioner Jim Donelon said the problem of high auto insurance rates in the state is not new; the state has been in the top 10 of car insurance prices for at least the two decades he has been monitoring the numbers. More »

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