Tuesday, December 05, 2006

Auto Insurance Premiums Expected to Drop in 2007 for First Time Since 1999

Auto Insurance Premiums Expected to Drop in 2007 for First Time Since 1999: "The typical U.S. driver will pay less for auto insurance in 2007 than in 2006, with the average premium expenditure expected to drop by 0.5 percent, reported the Insurance Information Institute (I.I.I.)
The average annual cost for auto insurance premiums nationwide for 2007 is estimated at $847 per policy, the first decrease since 1999. This translates into a $4 per policy savings as compared to the $851"

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