|
|
|
NetQuote works with
the nations top insurers.
“I was shocked that I was able to save almost $200 a year with my new company!”
– Evelyn K., New York |
|
|
Economy a major factor in consumer decisions
Job loss and other financial woes forcing people to postpone major life events
The wedding industry, like car manufacturers and other sectors of the economy, is suffering as consumers make life-altering decision about their spending habits.
According to a survey by FindLaw.com, one in 10 Americans is postponing marriage due to concerns over the economy. In fact, so many people are worried about job security, savings and retirement funds that 18 percent are delaying major life decisions.
The effect is magnified among the younger generations. FindLaw reports that 40 percent of people between the ages of 18 and 34 are delaying marriage, divorce or having kids.
One earlier survey said that some people are postponing medical procedures due to their financial situation. This begs the question, are people also considering dropping auto insurance, health coverage or renters insurance to save a few bucks?
Before doing so, consumers should consider the expenses they could incur without insurance and perhaps look at comparable insurance quotes on the internet ahead of abandoning coverage altogether.
Learn how easy and convenient shopping for auto insurance can be. Get your free auto insurance quotes today!
Posted: June 10, 2009
Related Auto Insurance Articles
- Young adults increasingly purchasing cars on their own June 10, 2009
- Tire pressure an increasing safety concern June 09, 2009
- AAA: Millions will need auto assistance this summer June 05, 2009
- Insurance costs a factor in older Americans' budgets June 04, 2009
- Insured Wisconsin drivers could see rates spike June 01, 2009
- Affordability a top concern for many car buyers May 29, 2009
- Good behavior may be rewarded with low auto insurance rates May 28, 2009
- Auto insurance information goes mobile May 26, 2009
- Consumers on a budget likely seeking cheap car insurance May 22, 2009
- Some car theft victims regret auto insurance reductions May 21, 2009
|
|
