Auto insurance rates are going down! Why? Well, an aging population, more careful drivers and better built cars are all part of the reason. So, there are several behavioral and design things going on, but there has also been a reduction in the number of auto fraud and theft. As a result, insurance companies are paying about 61 cents on every dollar in premiums coming in, according to news wires. The year before it was 86 cents, and up until that point companies were paying more than a dollar per dollar. Auto insurance companies are now flush with cash and they are asking for rate cuts for their customers. So, it’s a good thing all over for consumers. Still, all insurers are not create equal, and you need to shop around for coverage. The difference can be as much as $1,000 to $1,200 depending on the company.