KTIV NewsChannel 4 Sioux City IA: News, Weather and SportsReport says Neb. car insurance rates fall the most

Report says Neb. car insurance rates fall the most

Associated Press - December 20, 2009 9:05 AM ET

LINCOLN, Neb. (AP) - A new report suggests Nebraska drivers enjoyed the biggest decrease in auto insurance rates of any state in the nation.

Insurance.com, which sells coverage online, recently released its annual rate-watch report based on online insurance quotes.

The report shows that the average annual auto insurance premium in Nebraska fell 12.7 percent in 2009 to $1,364.

The nationwide average insurance rate also fell, but not nearly as much as Nebraska's. The average national rate declined 3.5 percent to $1,803 annually.

Overall, auto insurance rates held steady or declined in 33 states.

The biggest increase was reported in Colorado where rates grew 4.5 percent to an average rate of $1,545 annually.

On the Net:

Insurance.com rate report: http://www.insurance.com/ratewatch/default.aspx

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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