Reduced Costs And Less Auto Theft Lead To Lower Automobile Insurance Premiums.

The significant decline in many insurance company's costs, and the reduction in auto theft during recent months has led a number of insurance companies to announce reductions in car insurance rates. Menorah Insurance will immediately reduce its rates by 7 percent. Hacasharat Hayishuv Insurance Company said that starting July 1999 it will reduce its rates by an average of 10 percent. Other insurance companies are planning to reduce car insurance premiums on some models by as much as 15 percent.