A Resident Of New York Was Paying Far Less

While it’s true that car insurance is one of those necessary evils that everyone must deal with if they want to own a vehicle and drive, the bottom line is that consumers have been paying far too much money to insurance companies. Consider this - in New York in 2003, a consumer paid just over $1300.00 for car insurance — $400 dollars more than the national average at the time.

In $2000, a resident of New York was paying far less: right around $1095.00 a year. The total amount of monetary increase in car insurance costs in New York in a three year time span is equal to $205.00 or roughly $69.00 a year: that’s equivalent to more than a 20 percent increase in car insurance premiums.

Now consider the fact that every citizen in the United States lives in a country that thrives on capitalism. Capitalism is a system that encourages competition. In the spirit of capitalism InsuranceAuto.org promotes competition among insurance carriers.

By encouraging car insurance companies to work harder for the American dollar, sites including and similar to InsuranceAuto.org are making car insurance costs drop slowly but surely - up to one percent in some regions of the United States!

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