Canada. Auto insurance: 83 per cent of Canadians reconsider their choice of vehicle because of gas prices.

(I-Newswire) October 20, 2005 - October 20, 2005 – High gas prices have taken their toll on drivers. A recent poll conducted online through www.kanetix.ca asked, "Will the price of gas influence the type of vehicle you purchase next?" At a resounding 83 per cent, 1919 people out of 2308 answered yes.

"The intent to purchase fuel-efficient cars clearly exists," said Gregory Ellis, co-founder of kanetix. "Our poll suggests that consumers are frustrated at the gas pumps and are willing to take action in the form of buying vehicles that guzzle less gas."

The cost of owning a car includes more than just the price of gas. It also includes insurance. So, if the intent of Canadians is to purchase more fuel-efficient cars because of the price of gas, then before buying the new car, drivers should make sure the savings in fuel is not taken up by a vehicle that costs them more to insure.

At www.kanetix.ca, drivers can use the auto insurance quote comparison tool to make sure their new auto insurance premium does not exceed the amount they believe they'll be saving in gas. Through kanetix, drivers can easily get quotes for the vehicles they are considering buying to see how much they cost to insure. After entering their driving and insurance history and the details of the new vehicle, drivers visiting kanetix.ca can get a list of quotes. Drivers can then compare quotes for each of the vehicles on their shopping list in one simple step.

At kanetix, drivers who are looking to save money at the pumps might also find they can save money through their auto insurance. It's easy to do and each day kanetix provides thousands of Canadians with comparative insurance quotes online. kanetix offers drivers a better way to shop for insurance.

About kanetix
Launched in October 1999, kanetix is Canada's only national, online insurance marketplace. The kanetix insurance information and shopping service brings consumers and insurance companies together in a one-stop shopping environment. Thousands of consumers visit the kanetix website every day to compare insurance quotes from a variety of Canadian insurance companies. Users can select the insurance quote of their choice and choose to complete the application for coverage online or purchase their policy over the phone.

In addition to the insurance marketplace, kanetix is the leading provider of online insurance quotation technology and develops online quotation systems and websites for some of Canada's leading insurance providers.

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For more information, please contact:

Gregory Ellis
Co-founder
(416) 599-9779, ext. 201
www.kanetix.ca

Company Contact Information
Kanetix