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Friday, April 1, 2005

Nation's cheapest car insurance rates: Roanoke

ROANOKE, Va. A study by a Wisconsin company says Roanoke has the cheapest auto insurance rates in the country.



Runzheimer International -- based in Rochester, Wisconsin -- reports that Roanoke's annual auto insurance premiums averaged 758 dollars during an eight-to-10-month period last year.



That's compared with over 51-hundred dollars in Detroit, the most expensive city. Other expensive cities were Philadelphia and Newark, New Jersey.



Second and third behind Roanoke for cheapest rates are Wapakoneta (WAH'-pah-koh-NEH'-tah), Ohio and Chattanooga, Tennessee.



For the study, Runzheimer evaluated mid-sized sedans driven in a 50-mile radius of a city. The report's average insurance rates are based on drivers over a minimum age and with clean driving records. The average rates include comprehensive, collision, bodily injury, property damage and uninsured motorist coverage.



Insurance agents say insurance premimums are higher in larger cities and areas with higher crime rates.

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