Car Insurance Online

Insure.com released the findings of its 2012 car-insurance comparison study Tuesday, and it turns out, residents of certain states pay significantly more than others.

By including average insurance premiums issued by six large insurance carriers (Allstate, Farmers, Geico, Nationwide, Progressive and State Farm) including more than 900 vehicle models across all 50 states, Insure.com determined drivers in Louisiana pay the most while drivers in Maine enjoy the lowest insurance premiums in the country.

According to Insure.com, a variety of factors affect a states car-insurance costs including:

• Having a significant number of uninsured drivers on the road.
• Insurance laws that vary state to state.
• The level of competition among insurance carriers.
• Severe weather that may have caused a jump in car-insurance claims during the previous year.

Many of these problems are outside the control of drivers, said Amy Danise, editorial director for Insure.com.

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While most consumers consider an insurance company to be in the business of protecting their assets, insurance companies themselves consider their industry to be one of assessing risk. Theyll certainly help consumers recover their losses after an accident or other incident on the highway, but they are primarily concerned with the likelihood that any given customer will cause such an incident.

In making these considerations, a consumers credit score and credit history are two key ways to determine whether or not theyll be filing a claim with the company during the course of their policy.

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Recent research undertaken by Autonet Insurance has identified that van insurance premiums for younger drivers has reduced by up to 20% over the past year.

The study by the insurance broker identified that in January 2011 the average cost of van insurance for men aged 22 and under was £2550. In January 2012, the average cost of the same insurance premium was £2210 which is a difference of 13.5%.

Female van drivers in the same age category saw an average van insurance premium difference of 20.8%.

Stuart Scott the head of distribution at Autonet, said, “As the UK’s largest van broker we constantly review and monitor insurance premiums to make a conscious commitment to maintain competitive prices for all age and gender brackets.”

News of significantly lower premiums for female van drivers over the past 12 months comes ahead of new EU legislation being introduced at the end of this year. This wi

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With the smallest population of any state in the nation the cowboy state of Wyoming seems like a place for the cheapest auto insurance. Wyoming, like every other state, requires mandatory insurance should you get into an accident with another driver.

Wyoming requires a bare minimum of 25,000/50,000 for bodily injury and property damage coverage at $20,000. This is known as a 25/50/20 and covers things as simple as a broken headlight to the other drivers auto up to major body or engine damage, along with medical bills.

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Just a week after the official start of winter, Rhode Island officials are warning residents that the colder months bring not only an increased chance of snow and ice, but also some auto insurance considerations that may not always come to mind.

Meteorologists have predicted that many parts of the country will experience below-average temperatures this winter, which officially began on Dec. 22.

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