New York, New York (PressExposure) March 18, 2009 -- The average US citizen will fail a simple 10 question quiz on insurance, according to a recent survey carried out by the NAIC (National Association of Insurance Commissioners). In contrast, when asked, the average American considers him or herself very knowledgeable about auto insurance. This recent revelation is expected to cause a sharp rise in the use of auto insurance quotes websites as car owners and drivers realize they need more help than originally thought.
"Now more than ever, consumers need to be mindful of the impact their insurance decisions can have on their financial future" said Terri Vaughan, group chief executive of NAIC.
The survey found that less than two-thirds of Americans (62 percent) are aware of the top three factors that impact the cost of auto insurance coverage (i.e., accident history, vehicle safety features, geography). And, only four in 10 respondents (41 percent) know that auto insurance does not automatically cover a rental car.
Quote Network LLC is the driving company behind SaveTodayAutoInsurance.com, whose main aim is to help auto insurance shoppers save money.
"We make a point of continually examining the online auto insurance quote process from the shopperâs perspective" says Jim Musselwhite, an executive and founder of SaveTodayAutoInsurance.com, "Time is precious to everyone so when a shopper completes an online auto insurance quote for us theyâre able to conveniently view side-by-side rates from multiple insurance carriers"
Rising numbers of citizens are expected to turn to auto insurance quote comparison website SaveTodayAutoInsurance.com after news that on average, U.S. consumers are not as savvy on auto insurance as originally thought. This data has been taken from a survey carried out by the NAIC to illustrate that in the current economic crisis home and car owners desperately need to know how to save money on their monthly auto insurance premiums. SaveTodayAutoInsurance.com gives users the chance to compare auto insurance quotes side-by-side, ultimately saving a lot of the consumerâs time and money.
CONTACT INFORMATION Jim Musselwhite Executive Quote Network LLC (888) 556-2768 email@example.com