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
Tags: attitude, attribute, auto insurance premiums, car insurance rates, carinsurance, economic instability, index cpi, insurance changes, motorists, press car, privileges, state trends