Car insurance is a must, but you don't want to spend a penny more than you need to. Here's how to save on car insurance.
Car insurance premiums increased 19.5% between June 2023 and June 2204, according to the Department of Labor’s July 2024 Consumer Price Index. ; The reasons are many and include lingering inflation, the rising cost of repairs, an uptick in severe weather and the number and severity of accidents. ; Even though rates are on the rise, you don’t have to break the bank to pay your premiums. Here are tips to get the best price on car insurance.
Car insurance rates aren’t set in stone: Here are 6 tips for reducing your costs
new car: The more valuable the car, the more you pay to insure it. Insurance premiums tend to be lower on vehicles that are... affect how much insurance you need, and how much you pay....
The average cost of car insurance is nearly $2,200 a year, but you may be able to get a better price. Here’s six ways to save money on car insurance.
CR shows how to save on car insurance and shares what to know about liability coverage, defensive driving, dividend policies, driver monitoring, and more.
Here are some of the factors that can influence how much you pay on car insurance.
Shop around for your car insurance · Compare insurance costs before you buy a car · Raise your deductible · Reduce optional insurance on your older car · Bundle your insurance and/or stick with the same company · Maintain a good credit history · Take advantage of low mileage discounts · Ask about group insurance · Seek out other discounts · Additional resources
No one wants to pay more than necessary for car insurance. Here are ways to lower your bill or find cheaper coverage.
The best ways to save money and get lower car insurance rates are improving your credit score, comparing providers and trying usage-based programs.