Insurance.com Launches Monthly RateWatch for Car Insurance

By Insurance.com Posted : 02/03/2009

Provides Timely Updates on National Car Insurance Price Trends

CLEVELAND, OH – February 3, 2009 – Insurance.com, the largest online auto insurance agency in the United States, has announced the launch of a monthly RateWatch for Car Insurance, an online consumer resource for timely national car insurance price trends.

“The monthly rate information, coupled with our practical money-saving tips, makes our monthly RateWatch a great resource for today's busy consumer.” —Sam Belden, Insurance.com VP

Based on Insurance.com's successful quarterly RateWatch, the new monthly report will contain an analysis of the lowest car insurance rates quoted to consumers in each state and across the nation. Using the most current data, based on quotes provided to Insurance.com customers from more than a dozen of the nation's leading auto insurers, the monthly RateWatch will provide up-to-date rate information that is extremely relevant to consumers shopping for auto insurance. www.insurance.com/ratewatch

"Over the course of a year, Insurance.com provides car insurance quotes to more than one million people visiting our web site or calling for a quote," said Sam Belden, Vice President at Insurance.com. "We wanted to share that data to help empower consumers to make the best insurance decisions for their auto needs and budgets. The monthly rate information, coupled with our practical money-saving tips, makes our monthly RateWatch a great resource for today's busy consumer."

January's RateWatch data found that rates held steady for most states in January. Following a year of record rate increases in 2008, consumers saw moderate price changes in January with rates increasing 1% or more in 23 states. Rates were up 5% or more in Montana, Nebraska, North Dakota, Oregon, South Dakota and Washington. January average rates were lower than December rates in only 10 states, and rates were essentially unchanged in 14 states.

Insurance.com is the leading online independent auto insurance agency in the United States. Our innovative technology allows consumers to link directly to the rating systems of more than a dozen top insurance companies. We streamline the shopping process for consumers, empowering them to instantly compare rates and make the smartest decisions for their insurance needs. Since 2000, millions of drivers have benefited from using our online shopping experience or speaking with our expert, licensed agents by phone. Headquartered in Solon, Ohio on the outskirts of Cleveland, Insurance.com also offers information for life, health and home insurance.

Media Contacts:

Sari Conway/Susan Hartzell
Sari.conway@icrinc.com, 203-682-8345
Susan.hartzell@icrinc.com, 203-682-8238

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