Motorists Shopping Less For New Insurers

The recession has caused consumers to change their spending habits in ways both big and small. This includes how they shop for auto insurance. According to Bloomberg News, only 28 percent of customers sought a new auto insurance company in the 12 months ending in March. That's down from 36 percent during the 12-month period immediately [...] Related posts:Will Recession Mean More Uninsured Motorists?Insurers Raise Premiums to Deal with Bad EconomyProperty, Casualty Insurers See Biggest Sales Drop in 50 Years