Oregon Median Auto Insurance Rate Now $577 per Household

SACRAMENTO, CA -- (MARKET WIRE) -- 05/26/10 -- The median six-month auto insurance rate in Oregon has decreased approximately 4.3 percent over the last six months to reach $577 according to InsWeb (NASDAQ: INSW), a leading online insurance comparison provider.

InsWeb also reported Oregon median auto insurance rates segmented by specific demographic groups. These include:

              --------------------------------------------------              Demographic Group            Median Six-Month Rate              --------------------------------------------------              Men                                           $604              --------------------------------------------------              Women                                         $545              --------------------------------------------------              Age Group: 19 and younger                   $1,215              --------------------------------------------------              Age Group: 20 to 24                           $872              --------------------------------------------------              Age Group: 25 to 29                           $637              --------------------------------------------------              Age Group: 30 to 39                           $597              --------------------------------------------------              Age Group: 40 to 49                           $557              --------------------------------------------------              Age Group: 50 to 59                           $487              --------------------------------------------------              Age Group: 60 to 74                           $499              --------------------------------------------------              Age Group: 75 and older                       $588              --------------------------------------------------              Rates provided by InsuranceRates.com, an InsWeb              property. 

Oregon rate statistics:

• Men in Oregon pay a median auto insurance rate that is almost 11 percent higher than the rate paid by women.
• Drivers in Oregon 19 years of age and younger pay a median auto insurance rate that is approximately 2 ½ times higher than the rate paid by drivers ages 50 to 59.
• The Oregon median auto insurance rate decreased more than the national rate over the same period -- 4.3 percent versus 2.3 percent respectively.
• An Oregon household that pays the six-month median rate of $577 and earns the Oregon household median annual income of $39,649 pays approximately 2.9 percent of its gross income for car insurance. By this "affordability factor," Oregon is the 18th most affordable state to insure a vehicle. Currently, Massachusetts is the most affordable state with a factor of 1.9 percent, while Louisiana is the most expensive with a factor of 6.9 percent.

Oregon drivers who want to learn more about saving on their auto insurance and compare insurance quotes from leading national providers can visit InsWeb.com.

About InsWeb

InsWeb Corporation (NASDAQ: INSW) owns and operates a network of leading insurance marketplace and education websites. Founded in 1995 and headquartered in Sacramento, California, InsWeb's primary properties include InsWeb.com, InsuranceRates.com, LocalInsuranceAgents.com, and AgentInsider.com. In 2009, more than 10 million consumers turned to InsWeb for answers to their insurance questions.

About InsuranceRates.com's? Median Rate Data

To determine median national auto insurance rates, InsuranceRates.com uses comprehensive profiles of InsuranceRates.com customers as well as a proprietary system that tracks the rating algorithms of multiple insurance carriers in each state. Median rates are determined using actual customer profiles that can include multiple drivers, multiple vehicles and other variables.

InsuranceRates.com's auto insurance rate data is also accessible via the InsuranceRates.com Auto Insurance Rate Trend Tool. To view, please visit: http://www.insurancerates.com/media-center/insurance-widgets.html and click on "View Widget." Please note that the Trend Tool is updated daily and uses fewer carrier algorithms than the data above. As such, rates displayed in the tool may vary from those shown in this press release.

To request more information about rates and rate trends in your region, please visit: http://www.insurancerates.com/press-requests.html.

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Media Contact: Jonathon D. Tudor InsWeb Corporation (916) 853-3386 Email Contact