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Wednesday, January 18, 2006

Average auto insurance costs easing slightly

In 2005 the average annual US auto insurance costs declined by 2% or $60 with Pennsylvania having the largest decline of 9.7%.  Nevertheless the insurance premiums still managed to go up in some states, with North Dakota leading the pack with 15.7% increase.

$250 a month being an average monthly insurance cost in the US leaves many people wishing for the insurance costs to go down much more.  How much more will it decrease – the future will show but so far, with the comparative shopping habits being encouraged by the internet we can look forward for the trend to continue into the future.

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