To date, car insurance premiums continue their slide which many attribute to governing market conditions and economic instability that has led motorists to pass on certain privileges and follow a wait-and-see attitude. Among them include car insurance premiums which many people are choosing to pass up to save on spending.

For figures, CarInsurance.com has the figures to show this declining trend. CarInsurance.com Premium Index (CPI) shows the national average of auto insurance premiums which showed June drop to 5.69% in premiums, compared to May. To date in 2009, car insurance rates are still 12.06% higher in 2009 then they were in 2008, but many states finally see car insurance rates going down.

In addition to CPI, CarInsurance.com offers tools to show historical average premiums, auto insurance changes, and state trends. These tools are available here. http://www.carinsurance.com/Average-Premiums.aspx.

(Source) Press

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People who are thinking of getting a new Ford are in for a treat. Aside from possibly foregoing car insurance, they can expect to drive safer and worry less with the new body and paint technology announced by Ford Motors. Ford’s new industry-first Paint and Body Technology Center brings repair and crash safety experts together to drive down auto insurance costs by making vehicles more damage-resistant and less expensive to repair.

The new Ford Paint and Body Technology Center in Inkster will leverage the combined expertise of Ford’s repair and safety experts, auto repair technicians and insurance companies. Ford’s goal is developing affordable, innovative vehicle designs, replacement parts and repair procedures that lower the cost to fix a damaged vehicle.

“Our bottom line for this new initiative is simple: If your vehicle costs less to repair, it’s going to cost less to insure,” said Darryl Hazel, president, Ford Customer Service Division (FCSD). “The work Ford will perform at the new Paint and Body Technology Center will help reduce insurers’ repair costs so they can drive down auto insurance premiums for consumers.”

(Source) Ford

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