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Illinois drivers unaware of variances, because they don’t compare rates

By bmp » April 16, 2009 News

FOR IMMEDIATE RELEASE

In recent study, Quotepro market research team, a Midwest division conducted a survey with over 2700 drivers during January 2009. The Quotepro results showed that most of the Illinois drivers are not aware of how their insurance rates vary.

Over 75% participants in this survey thought that car insurance comparison policies, do not vary by no more than $280 in a 6 month period. In fact almost 70% of drivers who were surveyed in state of Illinois did not contact their insurance agent to obtain their auto insurance rate information for over 2 years.
Ken Gebhard V.P. of Quotepro, Inc. was not surprise at all to hear this information “we are trying to get the word out and to encourage consumers to shop around, it has to be a clear statement, by shopping your car insurance rates make sure that you talk to more than one agent and get the best value of your car insurance dollar”

“Nationwide, the automobile insurance market is much more competitive, where over 330 companies are providing the insurance coverage in all markets”, says Marco Freudman, Quotepro Principal “The reason is very simple, there is not a single insurance provider that will offer the cheapest insurance rates to every consumer and the only way how you can save your hard earned money is to shop around for lowest rate and good customer support. No consumer will ever benefit from highly competitive market if they stay with the “expensive company” and don’t shop around.

About Capitol Insurance Agency:

Originally established in 1956, Capitol Insurance Agency, Inc. (CIA) has been under the ownership of Reed Halvorsen since 1983.
For the past 25 years our goal has been to not only provide Chicagoland with the LOWEST possible car insurance rates, but also THE BEST customer service in the industry.

About Quotepro:

Since 1991 Quotepro has delivered software solutions for providing quick and easy comparative quoting for all lines of Insurance to today’s Agents and Brokers.

Press Contact:
Jon Halvorsen
Jon.halvorsen@insuredbycia.com
http://insuredbycia.com

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