Now Introducing the “12 Facts of Compare.com”
THANK YOU to everyone who played along with our ’12 Facts of compare.com.’ For the first business days of December, we posed a question that we learned over the past year from our customers. Then on the next day, we’d reveal the answer and then pose another question. We collected votes internally from over 40 employees, as well as online through Facebook, Twitter and our polling application.
If you missed the fun and games, fear not! We’ve archived every question and answer below. We hope you’ve enjoyed learning more about insurance, because we certainly appreciated learning from everyone we’ve served.
Day 12 Question: On average, where are the most annual miles reported?
Our final answer is “Washington DC.” I was a bit surprised because I thought with all the public transportation people wouldn’t drive so much. However, we’ve got some really big numbers being logged in DC. Education/Library field logs 26,983 in DC, Medical/Social Services log 27,110 and those who work in Maintenance/Repair/Housekeeping report a whopping 33,205 on average. With those big drivers, DC’s total average is 15,089 compared to Illinois’ 13,690, Maryland’s 13,128 and Ohio’s 12,800.
Day 11 Question: Where was the lowest self-reported annual insurance premium reported?
This one involves a solid shot in the dark. A shot in the dark that only three people got. The lowest self-reported annual insurance premium hails from Camp Nelson, California.
If you google Camp Nelson, you’ll soon find out that the population of Camp Nelson is about the size of two compare.com’s, which is rather small. We’re happy to see that our site has made its way into the homes of even the smallest corners of California, and we’re thrilled to see that people are finding such affordable car insurance options!
Day 10’s Question: In what state can someone working in insurance expect to pay the most for car insurance?
Both our online community and our employees thought that those who work in insurance in Arizona are the ones with the largest annual premiums. However, those living in Virginia are paying out the largest bills.
Those in the insurance field in Arizona pay $1,615.30 on average, which is the second most expensive. Virginians pay a bit more at $1,714.15. In third, Illinois insurance workers’ pay $1,515.83 and in Ohio they come in with the cheapest at $1,471.98.
Day Nine Question: What percentage of 25-34 year-olds reported an accident within the last six months?
Our choices for this question was 10 percent, 20 percent, 30 percent or 40 percent. The question was rather polarizing, as most people either thought it was 10 percent or 40 percent. However, the actual answer is 20 percent of 25-34 year olds reported an accident.
If you’re wondering about what percentage of your age demographic got into an accident in the past six months, we have all of that data laid out in one infographic calculating your risk.
Day Eight Question: In Texas, how much on average did people save over their self-reported current premium after using compare.com?
We might need to eat a slice of humble pie because this was a bit of a brag, but we are really proud of our relationship with carriers and our ability to provide real, transparent rates to consumers. In Texas, 48 percent of users get a better price than their current package with an average savings of $534.61.* You can probably think of much better ways to spend that $500 than on car insurance.
Texas actually has some of the highest insurance costs in the nation, with an annual premium of $1,620. We’ve mapped out how comparing prices on car insurance in Texas can help alleviate this financial burden.
If you want to see if that amount of annual savings is a possibility for you, get a quote today.
Savings is calculated based on self-reported annual premiums between $300 and $3000.
Day Seven Question: What is the least expensive state to get car insurance once you retire?
This question stumped just about everyone! The majority voted for Arizona, which might have been wishful thinking because Arizona would be a nice and warm retirement spot. However, the place with the reported lowest cost of car insurance for retirees is Ohio.
Unfortunately for those heat-seeking retirees, Arizona logs an average cost of $1,512 for car insurance for retirees. Virginia is the next most expensive at $1,297.35. Illinois ranked third with a price tag of $1,055.37. Ohio is a steal with an average cost for retirees of a low $985.61.
Whatever you do, don’t move to California or Maryland with the hopes of getting a small price tag on car insurance once you retire, as those averages are over $1,800 each.
Day Six’s Question: Of the four following California cities, which on average has the cheapest car insurance premium?
Today our online community did better than our employees! Our employees voted that San Jose was the cheapest place to get insurance, while our online voters selected San Diego. San Diego is the correct answer, which turns out to be quite a bargain compared to its counterpoints.
San Diego came in cheapest with an annual insurance cost of $1,820.91. San Francisco is on the high end with a $2,775.04, only to be out-done by Lost Angeles with the price tag of $2,858.02. San Jose is affordable in comparison with an average rate of $2,227.45.
Day Five’s Question: What is the year of the oldest car quoted on compare.com?
Our employees had a distinct advantage on this one, and it showed! 65% of our office guessed the correct answer, while only 20% of our online community did. The oldest car that compare.com has quoted is from 1981.
If you’re wondering what type of car it was, this might be interesting to know: it wasn’t just one car. We’ve quoted Pontiacs, Chryslers, Volvos, Fords, Jeeps, Toyotas, Mercedes, Oldsmobiles and Datsuns from the glorious year of 1981.
Day Four’s Question: Which Richmond has the highest average annual insurance premium?
This question was a toughy! Our online community voted that Virginia housed the Richmond with the most expensive car insurance, while our coworkers thought it was California. As our data would reveal, the answer is actually Texas.
Texas was our “winner” with a hefty price tag of $2,499.05. California came in second most expensive with an average premium $2,327.58. On the low end, Illinois was a bargain with an annual average premium of $1,400.67. Virginia was also affordable at $1,698.49.
And as a bonus Richmond: Ohio came in right in the middle with Ohio $1,856.60.
Day Three’s Question: Which occupation field on average has the most expensive annual insurance premium?
39 percent of our online voters think that students have the most expensive annual insurance premium, which means that 39 percent on our community is right! Students have the highest average price at $2,196.55.
In second ranked IT professionals with an average of $1,980.52. On the low end, homemakers average is a remarkable $1,418.01. Those who work in agriculture, forestry and fishing average a cost of $1,680.13.
Day Two’s Question: Which email users on average have the cheapest annual insurance premium?
Both our online community and our employees guessed that those with AOL paid the least for car insurance, which means that majority vote got this question right!
On average, AOL users pay $1,967.30 per year for car insurance. Gmail users pay the most with an average price tag of $2,130.60. Hotmail users pay on average $2,046 and Yahoo users come in with an average of $2053.
Day One’s Question: Which occupation field logs the most average annual miles?
We posed the question to both our fellow coworkers as well as our online community. In both realms, the overwhelming response was Insurance. From a reasoning perspective, it makes plausible sense that an insurance agent would drive a lot to meet clients. However, the career that marks down the most miles are those in the Education/Library field with 15,178 average miles.
On the low end, those in the Art/Design/Media field report an average of 10,189 miles a year. Those in insurance report 11,849 annual miles and students come in with 12,143 average miles.
All data comes from self-reported information from a sample of auto insurance consumers using compare.com. Study was conducted by compare.com. For more information, please email firstname.lastname@example.org.
– See more at: https://www.compare.com/auto-insurance/news/12-facts-of-compare#sthash.cniy6aLI.dpuf