CarInsurance.com announced today the current trend of national carinsurance premiums. CarInsurance.com Premium Index (CPI) shows thenational average of car insurance premiums and it can be reviewed at http://www.carinsurance.com/Premium-Index.aspx.Premiums continue to rise throughout 2009 and there is a rate averageincrease from last year. Some of this rise is because CarInsurance.comtries to offer insurance rates for every visitor. Since they offer carinsurance protection for those with a proven record of responsibledriving as well as those who have difficulty obtaining coverage averagepremiums can be higher.
The CPI study reports the lowest average annual car insurance ratesquoted to consumers that compare rates at CarInsurance.com. CPI showsconsumers why it is important to shop for insurance and to get new carinsurance quotes regularly, verifying that they are paying the lowestcar insurance rate. CPI is a broad indicator of pricing activity in thepersonal auto insurance marketplace; it is not a comprehensive index asit reflects only the quotes of multiple companies CarInsurance.comrepresents in 49 states plus the District of Columbia.
The national annual car insurance average for May 2009 was $1,913. Thisis over a 4% increase from last month. This year, car insurance premiumsare almost 12% higher than last year. Arkansas, California, Connecticut,Kentucky, Maine, Missouri, North Carolina, Pennsylvania, Rhode Island,South Carolina, Texas, Virginia, Washington, and Wisconsin each had a 1%to 2% change in average premiums this month. Twenty states saw ratesdecreased in May compared to April.
Using the CarInsurance.com State Premium Trend Tool, you can reviewchanges and car insurance trends by state. The most expensive areas inthe index this month are District of Columbia, New York, Louisiana,Maryland, New Jersey, and Alaska. From these tools, you can getcomprehensive state and local car insurance information before you getcar insurance quotes with CarInsurance.com. There is much morehistorical average premium data and car insurance information at http://www.carinsurance.com.It gives you the opportunity to compare your states average carinsurance premium to the national average.
About CarInsurance.com, Inc.
Based in Altamonte Springs, Florida, CarInsurance.com gives consumersthe ability to instantly compare and buy competitive auto insurancerates directly from multiple insurance companies. Consumers have an easywebsite to review the rates of multiple insurance companies, but alsowhen ready to purchase, consumers have the option of completing thetransaction online or by talking directly to a licensed agent. For moreinformation about CarInsurance.com, please visit http://www.CarInsurance.com.The same insurance team has owned and operated the CarInsurance.comdomain since 1995, making it one of the first online car insurancewebsites. CarInsurance.com helps consumers and companies by providingcompanies new customers through real-time quoting and underwriting. Saveyour time. Save your money. ®
Summary
CPI is a broad indicator of pricing activity in the personal autoinsurance marketplace. Twenty states saw car insurance averages decreasein May compared to April.
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