How Auto Insurance Competition Helps Customers Get Lower Rates

Contrary to popular belief, auto insurance competition doesn't make insurance prices go up. The NAIC found that US drivers paid $3.92/mo less for auto insurance in 2008 than in 2005 as car insurance company competition drove prices down. Drivers who want to take advantage of competition in the auto insurance industry should regularly shop around for quotes.

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UPDATED: Oct 25, 2021

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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

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