The site’s new and updated auto insurance postal code calculator allows users to compare the rates of up to six insurers and estimate savings of up to $ 1,700.
Foster City, CA – February 26, 2020 – CarInsurance.com, a one-stop destination for unbiased, expert advice on auto insurance, today released an updated version of its average auto insurance pricing tool. , which provides quotes for three levels of coverage and multiple ages based on postal codes.
Drivers can enter a postal code in CarInsurance.com’s average auto insurance rates tool to see the average premium for their location, as well as the highest and lowest rates. The difference between the highest and lowest rates is the amount you can potentially save on a policy by comparing the purchases at the lowest price.
“We encourage drivers to carefully compare their purchases, so they probably don’t leave hundreds of dollars on the table,” said CarInsurance.com editorial director Michelle Megna. “Take the example of Portland, Oregon, zip code 97232 because it has the same average rate as the nation’s. Using the zip code calculator, we discovered a difference among insurance providers of $ 1,723 between the highest and lowest estimates. This is a large number for many families, and can have a huge and positive impact on everyday budgets. “
Data shows that the average full coverage rate has increased by 22% since 2017, which is the last time CarInsurance.com updated rates by zip code tool. The current national average for full coverage is $ 1,758. However, the minimum coverage required by the state has only increased by 4% since 2017, and the standard liability limits have increased by 16%.
Comparing purchases, the average savings for a full insurance policy is $ 1,647, according to CarInsurance.com’s price analysis for almost all postal codes in the country.
Why focus on postal codes
Postal codes tell insurers the level of risk to cover consumers, depending on the number and severity of auto insurance claims in a local area. While factors such as driver’s age, driving history and car type are also taken into account, the postal code reigns supremely supreme.
CarInsurance.com finds that the most expensive postal codes are found in Detroit (48226), New York (11212) and New Orleans (70117). The cheapest are located in Bridgewater (ME – 04735), Lebanon (NH – 03766) St. Mary’s (OH – 45885) and Blacksburg (VA – 24060).
Use the postcode calculator and read the full report at CarInsurance.com. Michelle Megna is available to comment on how consumers can save money when they buy auto insurance.
The site’s new and updated auto insurance postal code calculator allows users to compare the rates of up to six insurers and estimate savings of up to $ 1,700.
Foster City, CA – February 26, 2020 – CarInsurance.com, a one-stop destination for unbiased, expert advice on auto insurance, today released an updated version of its average auto insurance pricing tool. , which provides quotes for three levels of coverage and multiple ages based on postal codes.
Drivers can enter a postal code in CarInsurance.com’s average auto insurance rates tool to see the average premium for their location, as well as the highest and lowest rates. The difference between the highest and lowest rates is the amount you can potentially save on a policy by comparing the purchases at the lowest price.
“We encourage drivers to carefully compare their purchases, so they probably don’t leave hundreds of dollars on the table,” said CarInsurance.com editorial director Michelle Megna. “Take the example of Portland, Oregon, zip code 97232 because it has the same average rate as the nation’s. Using the zip code calculator, we discovered a difference among insurance providers of $ 1,723 between the highest and lowest estimates. This is a large number for many families, and can have a huge and positive impact on everyday budgets. “
Data shows that the average full coverage rate has increased by 22% since 2017, which is the last time CarInsurance.com updated rates by zip code tool. The current national average for full coverage is $ 1,758. However, the minimum coverage required by the state has only increased by 4% since 2017, and the standard liability limits have increased by 16%.
Comparing purchases, the average savings for a full insurance policy is $ 1,647, according to CarInsurance.com’s price analysis for almost all postal codes in the country.
Why focus on postal codes
Postal codes tell insurers the level of risk to cover consumers, depending on the number and severity of auto insurance claims in a local area. While factors such as driver’s age, driving history and car type are also taken into account, the postal code reigns supremely supreme.
CarInsurance.com finds that the most expensive postal codes are found in Detroit (48226), New York (11212) and New Orleans (70117). The cheapest are located in Bridgewater (ME – 04735), Lebanon (NH – 03766) St. Mary’s (OH – 45885) and Blacksburg (VA – 24060).
Use the postcode calculator and read the full report at CarInsurance.com. Michelle Megna is available to comment on how consumers can save money when they buy auto insurance.
