Countrywide Financial Corporation (NYSE:CFC) -- America's #1 home loan lender* -- today announced that Countrywide Insurance Group's widely-anticipated auto insurance product is now available to consumers in the state of Arizona.

home loan branches and financial centers in Phoenix, Sun City, and Gilbert. Residents can also learn more about home warranty, homeowners, renters, and term life insurance products through these same licensed insurance agents.

In addition to sophisticated rating technology that could potentially bring Arizona consumers better coverage and pricing than they can secure with their existing carriers, Countrywide is also offering discounts to current Countrywide customers that could potentially save them as much as 23% off of regular rates.

"In addition to helping Americans realize the dream of home ownership, Countrywide helps protect that dream through a wide variety of insurance offerings," said Bob James, president and chief executive officer of Countrywide Insurance Group. "Introducing our own auto insurance product allows us to tailor our offering to meet insurance needs that customers have shared with us. We believe that this knowledge, along with our A.M. Best "A" rating** and Countrywide's strong brand and established physical presence in Arizona, will help us attract new customers as well."

Countrywide Insurance Group will introduce the new auto insurance product in several additional states during the remainder of the year and expects to offer the product in up to 25 states by the end of 2007.

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