Good News for Insurance Customers - Lower Rates!

Looks like things are looking up for the insurance industry. With plenty of money in their reserves, the insurance companies are willing to give us all a break... unless you live in storm prone areas.

According to www.BusinessInsurance.com, "The industry now has an overall reserve of $481.5 billion, up from $425.8 billion at the end of 2005, Mr. Hartwig said, although he added that reserves were not as big a defense against major disasters as they might appear. A single storm such as 2005's Hurricane Katrina could cause up to $100 billion of damage if it hits a major city, he said. Storm losses in 2004 and 2005 combined came to more than $80 billion."

Don't let that keep you from saving even more. Don't forget to regularly review the Auto Savings Checklist and Home Owners Savings Checklist to get all the savings you are entitled to.