Car Insurance Rates Vary Dramatically By Month - WICU12 HD WSEE Erie, PA News, Sports, Weather and Events

Car Insurance Rates Vary Dramatically By Month

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SOURCE insuranceQuotes.com

Hawaii, Wyoming, Washington, D.C. and Maryland Have Highest Variability

SAN FRANCISCO, Jan. 30, 2014 /PRNewswire/ -- In some states, car insurance rates varied close to 50% between the cheapest and most expensive months in 2013, according to a new insuranceQuotes.com report. Hawaii's 47.9% variance led the nation, followed by Wyoming (39.7%), Washington, D.C. (35.3%) and Maryland (34.8%).

The smallest differences were observed in South Dakota (1.9%), Arkansas (3.7%), Utah (4.4%) and Iowa (4.9%). Nationally, car insurance rates ranged 7.5% from the cheapest month (December) to the most expensive (March).

"All of this illustrates why it's so important for consumers to regularly shop for car insurance," said Laura Adams, senior analyst, insuranceQuotes.com. "For example, while December was the cheapest month nationally, it was actually the most expensive in 11 states. You won't know whether you're getting a good deal unless you compare at least three different quotes."

The full results are available here, along with an interactive calculator that shows consumers how car insurance rates are trending in their local area:

http://www.insurancequotes.com/auto/

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insuranceQuotes.com and Quadrant Information Services calculated median rates for each month in all 50 states (and Washington, D.C.) using data from the largest carriers (representing 60-70% of market share) in each state.

About insuranceQuotes.com:

insuranceQuotes.com provides consumers with a free, easy way to shop for and compare insurance quotes online, and delivers information about auto, home, health and life insurance and other types of insurance.

For more information, visit http://www.insuranceQuotes.com, follow us on Twitter (https://twitter.com/InsuranceQts) or like us on Facebook (https://www.facebook.com/InsuranceQts).

insuranceQuotes.com is part of Bankrate Insurance. Other Bankrate Insurance companies include NetQuote.com and InsureMe.com.

For More Information:

Ted Rossman
Public Relations Manager, Bankrate, Inc.
ted.rossman@bankrate.com 
917-368-8635

©2012 PR Newswire. All Rights Reserved.

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