NEW YORK, Aug. 26, 2020 /PRNewswire/ -- The coronavirus has upended nearly every aspect of life in the United States, and Americans' driving behaviors and commutes are no exception. A new survey from ValuePenguin.com by LendingTree found that a large number of drivers no longer have daily commutes as they are working from home or have lost employment due to COVID-19, but this trend is starting to reverse as more Americans head back to work and school.
According to Matt Timmons, a research analyst at ValuePenguin.com, "Some savvy consumers are using their decreased driving to their advantage and are paying less for gas and auto insurance." He adds, "While they may need to roll back those changes as driving returns to normal, most consumers don't expect normalcy to return anytime soon — meaning it may be worth drivers' while to assess their auto insurance and other car use related expenses and consider making changes."
ValuePenguin.com commissioned Qualtrics to conduct an online survey of 1,105 Americans, with the sample base proportioned to represent the overall population. The survey was fielded August 13–17, 2020. To view the full report, visit: https://www.valuepenguin.com/commutes-plummet-after-coronavirus
About ValuePenguin.com: ValuePenguin.com, part of LendingTree (NASDAQ: TREE), is a personal finance website that conducts in-depth research and provides objective analysis to help guide consumers to the best financial decisions. ValuePenguin focuses on value, assessing whether the return of a particular decision is worth the cost or risk of that option, and how this stacks up with the other possible choices they may have. For more information, please visit www.valuepenguin.com, like our Facebook page or follow us on Twitter @ValuePenguin.
Media Contact:Divya Sangam (Ms.)646 693 8445 Divya@valuepenguin.com
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SOURCE ValuePenguin.com