Friday, February 08, 2008

Here's An Option For Spending Your Stimulus Check

Not sure what's going on in the other 49 states but here's the scoop in Texas.

We just got our 6-month automobile insurance renewal notice. In the last 6-month period the premium was $800 and the next 6-month premium will be $995 and some change. That, folks, is a 24% increase. And we're accident-free.

My guess is the insurance industry is going to be a huge beneficiary of the economic stimulus package.

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