Gas Prices Go Up But Car Insurance Goes Down?

I came across an interesting article from the Associated Press which stated that as the cost of gas went up, the price of car insurance should remain steady or decrease. Their argument goes as follows;
But good drivers may notice some relief in their car insurance rates, which have either remained steady or fallen in many states for a variety of reasons. If high gasoline prices prompt less driving, accidents and insurance rates could drop further.
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admin on May 26th 2008 in Car Related


