Which States Are Saving You On Car Insurance?

May 9, 2008

MSN Money has an interesting article on which states are keeping a lid on car insurance. According to the article, a survey by the Consumer Federation of America showed that those states that require insurance companies to get preapproval before raising rates are best at keeping rates relatively low. The downside? In those states where no such procedure is in affect, the result is a rate increase of 100% or more.

Unfortunately, Kentucky was listed as a high increase state with a 100% increase in insurance rates between 1989 and 2005.

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