Auto insurance rates increase as gas prices drop

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There are many reasons that premiums can fluctuate, but this winter it isn’t the storms as much as the affordability. Most drivers see a drop in the price at the pump as being a fantastic way to save money, and this can even encourage more people to head out onto the roads and city streets because it is seen as more affordable, but most also have not taken their auto insurance rates into account. As much as the gas prices, themselves, don’t cause auto insurance to become more expensive, road…

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Gas prices may affect the cost of auto insurance

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Auto insurance premiums spike as gas prices fall Falling gas prices may be having an impact on the cost of auto insurance coverage in the United States. Earlier this year, analysts suggested that as much as $75 billion will be cut from the cost of gas by the end of this year. Drivers would be saving a total of $1 billion in fueling costs over the Labor Day weekend alone, largely due to the fact that fuel is getting less expensive. The average price of as is currently $1 per…

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Auto insurance, repairs, and gas considered to rank states for cost of vehicle ownership

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The recent Bankrate.com study showed that Wyoming is the most expensive state, while Iowa is the cheapest. A new report has now been issued by Bankrate.com that has shown that when factors such as the annual cost of auto insurance, repairs, and gasoline are taken into account, the most expensive state in the country to own a vehicle is Wyoming. At the other end of the scale, it is Iowa in which it is the least expensive to own and drive a car. When looking at the average costs of…

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Many find gas prices change their everyday routines

Everyone has been watching the price of gas lately. We watch it go up. We watch it drop by two or three cents, and we watch it go up ten cents. It seems like this has been the pattern for months now. Statistics show people are driving less, but there are also fewer accidents occurring. Recent survey results show that only about 20 percent of people say they are driving the same amounts as they did before gas prices started steadily climbing. Over 37 percent said they were driving less,…

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