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Most states require that you have auto insurance on your car, truck, or van.   Most banks require auto insurance before you receive an auto loan.  Depending on the price paid for a used car, you should ask about full coverage insurance prices.  Laws differ from state to state. The sites listed below will help you with the laws in your state and give you free quotes.

State Farm Drops Auto Insurance Rates

State Farm auto insurance rates have dropped again for the fourth consecutive year. The auto insurance company showed a decline in rates of 4.9% last year, which makes it much lower than it was four years previously.

The company has been steadily dropping its auto insurance rates for the past four years, so that their protection against auto accidents is now 14.8% less expensive than what they were showing at the end of 2003.

The company says that they have been working hard to decrease auto insurance rates as they know that everything else seems to be going up. With the price of gasoline, and pretty much everything else in their lives, their auto insurance policy holders have enough to worry about. They are pleased that they can be the one thing that they can count on not to go up at this time.

They say that a lot of it has to do with the way their policyholders have been driving. They have found that the “frequency of auto accidents has been dropping since 2003” which has enabled them to pass that savings on to their customers. They are quick to point out that if they had not been driving safely, they would not be able to cut rates so the rate cut is really do to their policyholders.





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