FKAGobucks877
The Most Power-Drunk
A Runzheimer International study shows that a midsize car such as a Chevrolet Malibu could cost $5,162 to insure in <?xml:namespace prefix = st1 /><st1:City w:st="on">Detroit</st1:City> but only $758 in <ST1:p<st1:City w:st="on">Roanoke</st1:City>, <st1:State w:st="on">Va.</st1:State></ST1:p
There's good news and bad news about auto insurance for 2005.<O:p</O:p
The good news: The insurance industry projects a 1.5 percent increase in average annual insurance expenses, which is the smallest increase in five years, according to the Insurance Information Institute.<O:p</O:p
The bad news: Drivers in many cities will pay much, much more than the national average of $870. Indeed, drivers in <st1:City w:st="on">Detroit</st1:City> could pay nearly 6 times the average this year, or $5,162 in annual insurance premiums, according to an annual survey by Runzheimer International, a vehicle costing consulting firm based in <ST1:p<st1:City w:st="on">Rochester</st1:City>, <st1:State w:st="on">Wis.</st1:State></ST1:p<O:p</O:p
Drivers in <st1:City w:st="on">Philadelphia</st1:City>, <st1:City w:st="on">Newark</st1:City>, <st1:State w:st="on">N.J.</st1:State>, <st1:City w:st="on">Los Angeles</st1:City> and <st1:City w:st="on"><ST1:pNew York City</ST1:p</st1:City> also face the highest annual car insurance payments in the country, Runzheimer added.<O:p</O:p
Meanwhile, some smaller cities in the South and <ST1:pMidwest</ST1:p are ranked as having the lowest insurance rates. Runzheimer said annual premiums in <st1:City w:st="on">Roanoke</st1:City>, <st1:State w:st="on">Va.</st1:State>, are expected to be the lowest at $758, while those in <ST1:p<st1:City w:st="on">Wapakoneta</st1:City>, <st1:State w:st="on">Ohio</st1:State></ST1:p, are projected at $871.<O:p</O:p
All Runzheimer estimates are for a midsize sedan, such as a Chevrolet Malibu, that's driven in a 50-mile radius of the city by a male or female driver who is over the minimum driving age and has a clean driving record. The insurance premiums calculated include coverage for collision, comprehensive, bodily injury, property damage and uninsured motorist coverage.<O:p</O:p
The insurance institute attributed the overall low rate of increase in insurance expense to safer cars, fewer car crashes, fraud-fighting efforts and new anti-theft technology.<O:p</O:p
But between 35 percent and 50 percent of stolen vehicles never are recovered, according to car theft studies. The most popular stolen vehicles recently have been Honda Civics, Accords and Toyota Camrys. Fridays and Saturdays are the most popular days for car thefts, and Mondays and Tuesdays have the highest theft recovery rates, the insurance group said.<O:p</O:p
And Robert Hartwig, senior vice president and chief economist for the nonprofit group, said rising medical costs and auto repair costs as well as jury awards remain problems. The typical medical bill for a car crash ranges from $6,000 to $9,000 but can extend into the tens of thousands, the institute said.<O:p</O:p
"Unfortunately, while drivers today are filing fewer claims, those that are filed cost more," Hartwig said. "It costs more to repair cars, particularly following accidents involving sport-utility vehicles."<O:p</O:p
The institute said several factors, including the state a driver is in, affect the price of auto insurance. Other factors are:<O:p</O:p
<st1:City w:st="on"><ST1:pDetroit</ST1:p</st1:City>, $5,162
<st1:City w:st="on"><ST1:pPhiladelphia</ST1:p</st1:City>, $4,142
<ST1:p<st1:City w:st="on">Newark</st1:City>, <st1:State w:st="on">N.J.</st1:State></ST1:p$3,482
<st1:City w:st="on"><ST1:pLos Angeles</ST1:p</st1:City>, $3,225
<st1:City w:st="on"><ST1:pNew York City</ST1:p</st1:City>, $3,127<O:p</O:p
Runzheimer's list of the five least expensive cities for auto insurance premiums:<O:p</O:p
<ST1:p<st1:City w:st="on">Roanoke</st1:City>, <st1:State w:st="on">Va.</st1:State></ST1:p, $758
<st1:City w:st="on">Wapakoneta</st1:City>, <st1:State w:st="on">Ohio</st1:State></ST1:p, $871
<ST1:p<st1:City w:st="on">Chattanooga</st1:City>, <st1:State w:st="on">Tenn.</st1:State></ST1:p, $911
<ST1:p<st1:City w:st="on">Green Bay</st1:City>, <st1:State w:st="on">Wis.</st1:State></ST1:p, $948
<ST1:p<st1:City w:st="on">Raleigh</st1:City>, <st1:State w:st="on">N.C.</st1:State></ST1:p, $949<O:p</O:p
There, that is a little better. Sorry, 27, I just copied and pasted, and all that shit came up. I still didn't get rid of it all, but it's better...
There's good news and bad news about auto insurance for 2005.<O:p</O:p
The good news: The insurance industry projects a 1.5 percent increase in average annual insurance expenses, which is the smallest increase in five years, according to the Insurance Information Institute.<O:p</O:p
The bad news: Drivers in many cities will pay much, much more than the national average of $870. Indeed, drivers in <st1:City w:st="on">Detroit</st1:City> could pay nearly 6 times the average this year, or $5,162 in annual insurance premiums, according to an annual survey by Runzheimer International, a vehicle costing consulting firm based in <ST1:p<st1:City w:st="on">Rochester</st1:City>, <st1:State w:st="on">Wis.</st1:State></ST1:p<O:p</O:p
Drivers in <st1:City w:st="on">Philadelphia</st1:City>, <st1:City w:st="on">Newark</st1:City>, <st1:State w:st="on">N.J.</st1:State>, <st1:City w:st="on">Los Angeles</st1:City> and <st1:City w:st="on"><ST1:pNew York City</ST1:p</st1:City> also face the highest annual car insurance payments in the country, Runzheimer added.<O:p</O:p
Meanwhile, some smaller cities in the South and <ST1:pMidwest</ST1:p are ranked as having the lowest insurance rates. Runzheimer said annual premiums in <st1:City w:st="on">Roanoke</st1:City>, <st1:State w:st="on">Va.</st1:State>, are expected to be the lowest at $758, while those in <ST1:p<st1:City w:st="on">Wapakoneta</st1:City>, <st1:State w:st="on">Ohio</st1:State></ST1:p, are projected at $871.<O:p</O:p
All Runzheimer estimates are for a midsize sedan, such as a Chevrolet Malibu, that's driven in a 50-mile radius of the city by a male or female driver who is over the minimum driving age and has a clean driving record. The insurance premiums calculated include coverage for collision, comprehensive, bodily injury, property damage and uninsured motorist coverage.<O:p</O:p
The insurance institute attributed the overall low rate of increase in insurance expense to safer cars, fewer car crashes, fraud-fighting efforts and new anti-theft technology.<O:p</O:p
But between 35 percent and 50 percent of stolen vehicles never are recovered, according to car theft studies. The most popular stolen vehicles recently have been Honda Civics, Accords and Toyota Camrys. Fridays and Saturdays are the most popular days for car thefts, and Mondays and Tuesdays have the highest theft recovery rates, the insurance group said.<O:p</O:p
And Robert Hartwig, senior vice president and chief economist for the nonprofit group, said rising medical costs and auto repair costs as well as jury awards remain problems. The typical medical bill for a car crash ranges from $6,000 to $9,000 but can extend into the tens of thousands, the institute said.<O:p</O:p
"Unfortunately, while drivers today are filing fewer claims, those that are filed cost more," Hartwig said. "It costs more to repair cars, particularly following accidents involving sport-utility vehicles."<O:p</O:p
The institute said several factors, including the state a driver is in, affect the price of auto insurance. Other factors are:<O:p</O:p
- Type of car insured<O:p</O:p
- Safety features on the car<O:p</O:p
- Amount of miles driven and type of miles<O:p</O:p
- Driving record<O:p</O:p
- Family claim record, including the number of crashes and their severity<O:p</O:p
- Age, gender and experience of the driver<O:p</O:p
- Credit-based insurance score<O:p</O:p
<st1:City w:st="on"><ST1:pDetroit</ST1:p</st1:City>, $5,162
<st1:City w:st="on"><ST1:pPhiladelphia</ST1:p</st1:City>, $4,142
<ST1:p<st1:City w:st="on">Newark</st1:City>, <st1:State w:st="on">N.J.</st1:State></ST1:p$3,482
<st1:City w:st="on"><ST1:pLos Angeles</ST1:p</st1:City>, $3,225
<st1:City w:st="on"><ST1:pNew York City</ST1:p</st1:City>, $3,127<O:p</O:p
Runzheimer's list of the five least expensive cities for auto insurance premiums:<O:p</O:p
<ST1:p<st1:City w:st="on">Roanoke</st1:City>, <st1:State w:st="on">Va.</st1:State></ST1:p, $758
<st1:City w:st="on">Wapakoneta</st1:City>, <st1:State w:st="on">Ohio</st1:State></ST1:p, $871
<ST1:p<st1:City w:st="on">Chattanooga</st1:City>, <st1:State w:st="on">Tenn.</st1:State></ST1:p, $911
<ST1:p<st1:City w:st="on">Green Bay</st1:City>, <st1:State w:st="on">Wis.</st1:State></ST1:p, $948
<ST1:p<st1:City w:st="on">Raleigh</st1:City>, <st1:State w:st="on">N.C.</st1:State></ST1:p, $949<O:p</O:p
There, that is a little better. Sorry, 27, I just copied and pasted, and all that shit came up. I still didn't get rid of it all, but it's better...
