Sunday, August 10, 2008

STATE'S AUTO INSURANCE RATES DIP AS HOMEOWNERS INSURANCE GOES UP

.
Click here to find out more!

Dayton News, Dayton Business Journal, Dayton Newspaper Members: Log in
Not Registered? Register for free extra services. Choose Another Market:

Home Online Edition
Latest News Special Reports Business Advice News From Other Cities Advertise Online Most Viewed Stories Most Emailed Stories
Print Edition
This Week's Contents Download E-dition Subscribe to Print Edition Contact the Editors Advertise in Print Edition About the Paper
Subscribe
Subscribe to Print Edition Email Alerts
Marketplace
Subscribe to Multiple Print Editions Book of Lists Sales Leads Reprints Print Classifieds
Business Resources
Green bizwomen.com Commercial Real Estate Dayton Jobs Starting a Business Sales & Marketing Business Strategy Technology HR & Hiring
Events
Business Events Calendar Nominations Event Registration
Careers
Job Seekers Employers Post a Job
Travel
Business Travel Center Dayton City Guide

Search
Search Archive

* News by Company News by Company
* News by Industry News by Industry
* People in the News People in the News


Latest News
Dayton > News > Industries > Banking & Financial Services - Insurance
Subscribe to Dayton Business Journal Subscribe to Dayton Business Journal
Monday, August 4, 2008 - 4:21 PM EDT
State's auto insurance rates dip as homeowners insurance goes up
Dayton Business Journal - by Maria Gallucci DBJ Contributor

* Print
* Email
* Reprints
* RSS Feeds
* Add to Del.icio.us
* Digg This
*

Other Matching Articles for
"AUTO INSURANCE"

* Geico drops car insurance rate hike [08/06/2008]
* Hanover Insurance to acquire AIX holdings [08/06/2008]
* State's auto insurance rates dip as homeowners insurance goes up [08/04/2008]
* State's auto insurance rates dip as homeowners insurance goes up [08/04/2008]
* First Insurance says car rates down 8% [08/01/2008]
* > More Search Results

While auto insurance rates continued a three-year decline in 2007, homeowner insurance rates picked up again, according to figures released Monday by the Ohio Department of Insurance.

The Insurance Department said average rates from the 10 largest auto insurers in Ohio dropped 2.6 percent last year, versus declines of 1.6 percent and 1 percent in 2005 and 2006, respectively.

Meanwhile, rates for Ohio's top 10 homeowner insurers increased 1.5 percent in 2007, up from a 0.7 percent drop in the year before and a 0.4 percent increase in 2005.

Ohio's auto insurance rates are the 13th lowest in the country, up from 14th a year ago, according to recent figures from the National Association of Insurance Commissioners. Ohio ranked 6th for lowest homeowners insurance average premiums, up one slot from last year.

Lower premiums on auto insurance results from a competitive marketplace in the state, said Jarrett Dunbar,, a department spokesman. Dunbar attributed the increased costs of building and materials and a hike in weather-related claims to higher homeowner insurance premiums.

NOTE: DUNBAR IS A RESPECTED PERSONALITY IN THE INSURANCE INDUSTRY.

The state insurance department said average auto insurance rates will likely increase slightly this year because of more cars on the road and due to increasing medical and repair costs. Homeowners insurance rates will probably increase in greater percentages, the department said.

E-mail dayton@bizjournals.com. Call (937) 528-4400.

Reader Comments
Contact the Editor Need Assistance? More Latest News

* More News Headlines
* Popular News Stories


Related Industry News

* Insurance commissioner monitoring Mercury Cos. deal [Denver]
* State's auto insurance rates dip as homeowners insurance goes up [Dayton]
* State's auto insurance rates dip as homeowners insurance goes up [Columbus]
* Geico drops car insurance rate hike [Buffalo]
* Premium dips spur wave of insurance mergers [Jacksonville]


Latest News

* Plating firm to spend $2M on new production lines
* Poll: Women pessimistic on economy
* Dayton Mall inks deals for five new tenants
* P&G cuts brew package size, but glass still full
* Cleveland firm to merge with Taft Stettinius

Most Viewed Stories

* Dayton Mall inks deals for five new tenants
* P&G cuts brew package size, but glass still full
* US Airways offers discount fares to Europe
* Renovated hotel lands restaurant
* Plating firm to spend $2M on new production lines


Most Emailed Stories

Business Pulse Survey
Is Dayton dying?
Click here to find out more!

City Guide Spotlight - Dayton
Dayton

* Attractions in Dayton
* Cocktails in Dayton
* Hotels in Dayton
* Restaurants in Dayton

Click Here!

Sponsored by:

Extra
America's dreamtowns
Bizjournals ranks the small towns with the best quality of life.

* Profiles of the 10 highest-ranked towns
* Rankings of 140 towns



* Survey: Where would you like to live?


Click here to find out more!
Business Tools
provided by iContact

Really Easy Email Marketing from iContact Email Marketing with iContact is extremely easy & very low cost (Starting at $9.95!). On top of 350+ templates, you get tracking, surveying, autoresponders, and industry leading deliverabilty.
" iContact blows the competition out of the water"
" TopTenREVIEWS Gold Award Winner for Email Marketing"
Click here to sign up for a Free Trial today
Search Press Releases

* View all Dayton Press Releases
* View ALL Press Releases

Search by Company, Organization, or Keyword

Content provided by PR Newswire. Learn more about this service.

Search for Jobs powered by onTargetJobs
View Dayton Jobs - 930 jobs today
Beginners to Bigshots

Entrepreneur Case Studies

* How to write a business plan
* SBA Loan Program Details

Featured profiles:

* Polished plan lands loan
* Ex-Marine with a mission

Sponsored by:

No comments: