"Anyone who listens to the nightly news is scared," saidCheapAutosInsurance CEO Brian Severson. "Many of us have heard stories ofthe Great Depression from our grandparents and older relatives and wewonder now if it can get that bad again. When the market takes a 700 pointplunge in a day and the government starts talking about the biggestinfusion of cash into the economy since the New Deal, people just aren'tready for that. We don't know what it means for us as individuals or if itaffects things like our automotive insurance rates. Everything else isgoing up. Is insurance going up too?"

A new section on the CheapAutosInsurance site entitled "The Effect ofthe 'Bailout' on Rising Car Insurance Rates" seeks to address thoseconcerns. The news is not necessarily good for the consumer. The bailoutwill cost the American consumer about $2,300 with little benefit being feltimmediately on Main Street due to the entrenched nature of the recession.

"They've been telling us for upwards to a year that there is no recessionin America," said Severson, "and no one out there on 'Main Street' hasbelieved that. We're the ones dealing with $4 a gallon gas and the risingcost of automotive insurance. People are driving less and seekingalternative forms of transportation because it's getting so expensive todrive and maintain a vehicle."

The bottom line to the situation, according to the article, is little ifany change in the insurance situation for the long-term. "Do not expectinsurers or state regulators to do anything to alleviate the increasingcost of car insurance. To lower the cost of car insurance ourselves,continue to drive less; keep your old car instead of buying new; drivedefensively; repair your damaged credit rating; install anti-theft devices.All of these measures are tried and true ways to obtain cheap insurance rates."

Material like the up-to-date explanation of the effect of the bailoutprogram, plus sections on "green" vacations, hybrid technology, and gasefficiency augment CheapAutosInsurance's main mission: frank advice on costeffective car insurance. Side-by-side with rate quotes, readers will findthese articles and more on topics like anti-theft devices and the pros andcons of having more than one vehicle on a policy. The content ofCheapAutosInsurance.com is constantly refreshed to reflect the latestdevelopments in the insurance industry. The editors welcome and invite yourquestions, comments, and ideas. Send email to:editor@cheapautosinsurance.com.

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Contact InformationBrian SeversonCEO and PresidentCheapAutosInsurance.comSantana Towers3031 Tisch Way, 7th FloorSan Jose, CA 95128Ph. 408 516 4544Email: Email Contact