In May we used the results from an independent study of auto insurance consumers to demonstrate how "price" is the primary motivator that causes auto insurance consumers to shop for a new policy.
According the same study, auto insurance consumers that switched policies after shopping online at InsWeb, saved an average of $301 on a 6-month premium.
No Savings
|
12% |
Under $100 |
6% |
$100 - $199 |
18% |
$200 - $299 |
21% |
$300 - $399 |
14% |
$400 - $499 |
12% |
$500 - More |
17% |
Average: $301 |
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