News from CBS News:

NEW YORK – Wal-Mart is bringing one-stop shopping to another area: auto insurance.

The world’s largest retailer has teamed up with AutoInsurance.com to let shoppers quickly find and buy insurance policies online in real time to cut down costs.

The service is available immediately in eight states including Arkansas, Louisiana, Mississippi, Missouri and Oklahoma, and will be available nationwide in the next few months.

Shoppers can log on to AutoInsurance.com or access the site through Wal-Mart’s website.

AutoInsurance.com, a division of Fort Lee, N.J.-based Tranzutary Insurance Solutions LLC, a licensed property and casualty insurance agency, was created after Wal-Mart realized there was an opportunity for a quicker service in which shoppers can buy and save on car insurance that provides the final price, with no bait and switch tactics. Wal-Mart says car insurance is among the biggest monthly expenses for customers, and for some, it can outpace health care costs.

In a briefing with……….. continues on CBS News.

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