4, 2013: 4AutoInsuranceQuote.com, a website that offers car insurance quotes to drivers throughout the United States, has just posted a new article to the site that lists the five countries that have the highest auto insurance rates. As the article, Highest Car Insurance Rates , noted, the United States holds the dubious honor of being the most costly country for purchasing car insurance. According to the newly-posted article, the average amount that people pay for car insurance in the United States is a whopping $1,706.86 per year. With the average income for most Americans hovering right around $50,000, the article points out that this equates to around 3 percent of a person’s annual income going towards car insurance. Since each state varies in terms of how much drivers pay, the average figure does vary a bit depending on where people live; for example, in some states drivers might pay around $1,000 per year for auto insurance, while in others it can soar to well over $2,000 annually. While the overall cost of car insurance also varies from country to country, the main factors that drive up the price of premiums are essentially the same no matter where somebody lives. For example, the article said, insurance companies take the safety of the roads in the particular country into consideration, as well as the types of vehicles that people are driving there. “In general, you are going to find that the wealthier nations are actually the places where auto insurance tends to be the most expensive,” the article noted, adding that the various issues that influence how much people will pay for car insurance can change from region to region in places like the United States. “If you want to know where you are going to pay the most for car insurance, then you have to look at the places where people are driving fancy sports cars and seem to always find themselves in an auto accident.” Coming in at second place on the list of the top five costly car insurance countries is Austria, where insurance is typically paid for on a month-to-month basis. Germany, the United Kingdom, and Australia round out the rest of the list. Search The Auto Channel
The United States is the Most Expensive Country for Car Insurance
Pairings such as Woods and Matt Kuchar, Phil Mickelson and Keegan Bradley, and even Steve Stricker and rookie Jordan Spiethweren’tjust effective, they were engaged and having fun. As a result, even when the Americans fell behind, as they did early in the final foursomes session on Saturday, the Yanks managed to stay relaxed and eventually rallied. “When you’re prepared, you’re more confident. When you have a strategy, you’re more comfortable.”–U.S. Captain Fred Couples Golf Digest (@GolfDigestMag) October 7, 2013 Ironically, thats the exact winning formula the Europeans have utilized during their run of dominance in the more intense and prestigious Ryder Cup. By contrast, the Americans play the event as if in a vice grip of pressure and angst. Top golfers like Tiger and Phil play like the world is on their shoulders and other veterans and less experienced golfers often appear in over their heads to put it kindly. That was certainly the case at Medinah last year as the Americans blew a four-point lead at the start of the singles competition and appeared to be playing golf in quick sand as the Europeans rallied to retain the cup by a single point. For his part, Woods failed to win a single match in that competition, finishing 0-3-1 . In the past three Presidents Cups, however, Tiger has claimed the clinching point each time and is a combined 11-4-0 in those matches. Tiger Woods’ last 3 #PresCup Singles: ’13: def. Sterne, clinched Cup ’11: def. Baddeley, clinched Cup ’09: def. Yang, clinched Cup PGA TOUR (@PGATOUR) October 7, 2013 Mickelson, the Americans second-best player, performed well in the 2012 Ryder Cup, providing three points in the losing effort. Yet in the 2008 and 2010 Ryder Cups combined, Mickelson managed just that same number of points.
Factbox: When could the debt ceiling put the United States in default?
The Congressional Budget Office thinks the United States would start missing payments on at least some of its obligations between October 22 and the end of the month. No one knows the exact day because you can’t know what tomorrow’s tax revenues will look like. – The United States defaults when the money runs out, right? It depends how you define default. Historically, default is when a country misses a payment to a creditor. The Obama administration says default would include any missed payment, such as payments for public health insurance. The first really big bill due after hitting the debt ceiling is a $12 billion Social Security payment on October 23. – When would financial markets melt down? Markets would be alarmed if it looked like bondholders would go unpaid for an extended period, and might even panic if any government checks were delayed. Many analysts think the administration would at least try to prioritize payments on the national debt, but Treasury officials say picking and choosing which bills to pay would be impossible. The first debt payments due after hitting the debt ceiling are on October 17, 24 and 31.