There is some silver lining to Auto Insurance costs this year.
While homeowner's insurance premiums remain high, now might be the right time to shop around to save money on your South Carolina auto insurance.
Many auto insurance carriers can afford to be generous, having prospered in a year of mild hurricane activity, almost no big payouts for terrorism, and high auto-insurance premiums. Berkshire Hathaway Inc., for example, which sells catastrophic insurance and owns Geico, the huge auto insurer, recently reported more than four times the third-quarter net income it declared last year.
South Carolina typically ranks in the middle of the pack nationally in auto insurance costs. In 2003, according to the most recent information available from the Insurance Information Institute, the average auto insurance premium was $821 a year nationwide, but $744.79 in South Carolina.
In 2002, those figure were $777 and $702.44, respectively.
Subscribe to:
Post Comments (Atom)
:.
0 comments:
Post a Comment