New book by Larry Connors Click here Improve your trading - See how
Other New York median rates by demographic group include:
Demographic Group Median Six-Month Rate Men Only $1018.25 Women Only $ 912.00 Age Group: Less than or equal to 19 $1484.13 Age Group: 20 to 24 $1336.00 Age Group: 25 to 29 $1129.75 Age Group: 30 to 39 $1078.88 Age Group: 40 to 49 $1002.88 Age Group: 50 to 59 $ 844.50 Age Group: 60 to 74 $ 738.38 Age Group: Greater than or equal to 75 $ 771.50
New York rate statistics:
-- Men in New York pay a median auto insurance rate almost 12 percent
higher than women.
-- Drivers in New York 19 years of age or younger pay a median auto
insurance rate that is over 100 percent higher than drivers age 60 to 74.
-- New York auto insurance rates declined just over two percentage points
more than the national median, which declined 18.1 percent over the same
period.
-- A New York driver who pays the six-month median rate of $970.25 and
earns the New York median annual income of $42,414 pays approximately 4.58
percent of his or her gross income for auto insurance. By this
"affordability factor," New York is the 5th most expensive state to insure
a vehicle. Currently, Massachusetts is the most affordable with a factor of
1.96 percent, while Louisiana is the most expensive with a factor of 6.70
percent.
New York drivers who want to learn more about saving on their auto insurance and anonymously compare rate quotes from multiple carriers can visit InsuranceRates.com.
To request more information about rates and rate trends in your region, please visit: http://www.insurancerates.com/press-requests.html.
About InsuranceRates.com's(TM) Auto Insurance Rate Data
To determine these median national and state auto insurance rates, InsuranceRates.com uses comprehensive profiles of InsuranceRates.com customers as well as a proprietary system that tracks the rating algorithms of multiple insurance carriers in each state. By tracking these rates over time, InsuranceRates.com is also able to demonstrate a directional trend. Median rates are determined using actual customer profiles that can include multiple drivers, multiple vehicles and other variables. Median income numbers are determined by customer ZIP Codes.
InsuranceRates.com's auto insurance rate data is also accessible via the InsuranceRates.com Auto Insurance Rate Trend Tool. To view, please visit: http://www.insurancerates.com/media-center/insurance-widgets.html and click on "View Widget." Please note that the Trend Tool is updated daily and uses fewer carrier algorithms than the data above. As such, rates displayed in the tool may vary from those shown in this press release.
About InsuranceRates.com(TM)
InsuranceRates.com(TM) is a property of InsWeb Corporation (NASDAQ: INSW).
InsWeb owns and operates a network of leading insurance marketplace and education websites. Founded in 1995 and headquartered in Sacramento, California, InsWeb's other primary properties include InsWeb.com, BestInsuranceMatch.com, FreeInsuranceAdvice.com, LocalInsuranceAgents.com, and AgentInsider.com. In 2008, more than 10 million consumers turned to InsWeb for answers to their insurance questions. To learn more about InsWeb Corporation, visit www.InsWeb.com.
Contact: Jonathon Tudor 916-853-3386 Email Contact
SOURCE: InsWeb Corporation
http://www2.marketwire.com/mw/emailprcntct?id=040603F86F89135F
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.