Vera_Petrunina / Getty Images/iStockphoto You wish you never had to use it, but auto insurance is required in nearly every state. New Hampshire is the only exception to this rule, but drivers who opt out of cover are required to prove they have the funds to meet state financial requirements if they cause an accident….
How can you lower your car insurance? Here are some ways to save on car insurance1 Increase your own share. Check the discounts you are entitled to. Compare motor insurance offers. Keep a good driving record. Participate in a safe driving program. Sign up for a defensive driving course. Explore payment options. Improve your credit…
Editor’s Note: We receive a commission from affiliate links on Forbes Advisor. The commissions do not affect our editorial opinions or ratings. The state you live in is an important factor in determining how much you will pay for car insurance. Differences between states affect car insurance rates based on what car insurance is required,…
Car insurance purchases are generally down, but more consumers are choosing to switch providers to save money, a new TransUnion study showed. (iStock) Shopping for auto insurance slowed this year, but many Americans continue to look for new insurance to save money, rather than being asked because of a new car purchase, according to new…
Car insurance is a major expense of owning a car. But many Americans buy more than they need. Here’s how to find out what you should really be paying—and where to save. The average American driver now pays nearly $190 a month for auto insurance, up 4% from $182 last year, according to the Federal…
Prices and tough economic times have made it difficult for families everywhere to make ends meet, and one of the causes is the rise in the cost of insurance. This is especially true in Florida, where auto insurance rates are 59% higher than the national average. There is no doubt that many car owners are…
Some drivers may be looking for very cheap car insurance with no deposit required, but you should expect to pay a certain amount in most cases. When you buy car insurance, the money you put down is what binds the policy, putting your coverage into effect (or activating your coverage). However, the money you pay…
How often should drivers get new car insurance quotes? I think it doesn’t hurt to check your rates regularly (annually, for example), especially if you’re seeing rate increases. The insurance industry today has changed dramatically and rates can fluctuate and rise over the course of a few years. That said, it’s not a good idea…
Editor’s note: We earn a commission from affiliate links on Forbes Advisor. Commissions do not influence the opinions or ratings of our editors. Inflation, continued supply chain issues, and costly car accidents will lead the way to higher car insurance costs in 2023. During the height of the pandemic, with driving greatly reduced, accidents and…
Florida drivers pay significantly more than the national average for auto insurance As the cost of everything from groceries, gas and housing continues to rise, many Floridians are looking for ways to save money. With many factors that cause the highest state car insurance rates in the country, there are ways you can try to…