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Article: Insurance.com RateWatch Reports Car Insurance Prices Increased in June.
- Article from:
- PR Newswire
- Article date:
- July 1, 2009
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6 Insurance Myths That Could Cost You a Bundle
CLEVELAND, July 1 /PRNewswire/ -- According to Insurance.com's RateWatch for Car Insurance, average annual auto insurance rates increased in June 2009 to $1,884 after 4 months of steadily declining rates. The moderate increase is still good news for drivers who had been paying as much as $1,982 in October 2008. However, consumers hard hit by the economy should watch their renewal bills carefully.
"It's unlikely rates will change significantly in the second half of the year," said Sam Belden, Vice President at Insurance.com. "Before rates start to climb, consumers should invest 30 to 60 minutes comparing ...