Auto Insurance Rates Drop in 2007

UPDATED: Feb 25, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own. recently released it’s ‘2007 Auto Insurance Pricing Report’, which shows auto insurance rates dropped 5.2 percent from 2006 to 2007. The average annual premium decreased from $1,965 to $1,868 during that period. The 2007 average premium is the lowest average premium for auto insurance in three years, according to the company.

The three states with the greatest decline were North Carolina (24.5%), Arizona (14.5%) and North Dakota (13.3%).

Ready to get started?

Your quotes are always free.