In early June, the Consumer Federation of America sent letters to every governor and state insurance regulator, calling on them to undertake a review of auto rates to determine if price reductions were due as a result of large gasoline price increases.

Even though the cost of crude oil has fallen of late, and the price of gas along with it, any number of events or circumstances could send the price of both soaring again overnight. Plus, actuarial studies indicate that even after gas prices start falling, people do not return to their old driving behavior, so that miles driven does not automatically rise in response. Both points mean this question remains relevant.

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