Wise Insurance Quotes Survey Finds Huge Majority Pay More for Car
A huge majority of consumers are paying more for car insurance than one year ago, according to a
new Wise Insurance Quotes survey.
Las Vegas, NV, September 03, 2013 --(PR.com)-- More than three out of four consumers surveyed are
paying more for car insurance than they did one year ago, according to a new independent survey
conducted by WiseInsuranceQuotes.com.
The survey found that despite insurance companies widespread marketing efforts to project lower
insurance rates for consumers, a huge majority of 76% say they are paying more for car insurance than a
year earlier. An increase in car accidents, inflation and higher insurance company operating costs
contribute to higher rates.
The poll comes on the heels of another major car insurance survey taken by Wise Insurance Quotes in
early August. Three out of four drivers surveyed in that poll admitted to being in a car accident some time
during their years behind the wheel. Insurance companies blame poor driving habits for charging higher
An increase in car accidents, higher auto repair costs and greater multiple car accidents in many urban
areas across the U.S. have caused car insurance premiums to rise substantially, in some cases by as much
as 125% in just over a year.
However, consumers are increasingly taking advantage of shopping for lower insurance rates online and
many are finding lower rates. Wise Insurance Quotes is an independent news website that is not
connected to the insurance industry, and provides insurance news to help consumers make better
informed decisions on insurance. The site regularly surveys consumers on important financial issues
related to insurance and other personal finance issues.
Wise Insurance Quotes
702 688 3714
Contact via Email
Online Version of Press Release:
You can read the online version of this press release at: http://www.pr.com/press-release/513409