The Consumer Federation of America said today it has done an analysis that found as motorists drive less due to high gasoline prices, they could qualify for an average reduction of 5-to-15 percent on their automobile insurance rates.
Drivers were urged to contact insurers to see if they were eligible for a rate cut.
CFA said the average savings would run from about $47 to $142, noting that in 2005 average auto insurance premium in the United States was $949, according to National Association of Insurance Commissioners data.
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