CUT YOUR CAR INSURANCE BILL.
Published In: Kiplinger Personal Finance, 2025, v. 79, n. 12. P. 64 1 of 3
Database: Academic Search Ultimate 2 of 3
Authored By: VINCENT, ELLA 3 of 3
Abstract
The article focuses on strategies to help reduce the rising costs of car insurance, which have increased significantly in recent years, with the average annual premium reaching $2,671 in 2024. Factors contributing to these increases include higher auto repair costs, supply chain disruptions, and increased claims from natural disasters. To lower premiums, the article suggests several strategies: shopping around for better rates, raising deductibles, seeking discounts, using telematics programs to monitor driving, leveraging low mileage, taking defensive-driving courses, and improving credit scores. Each strategy offers potential savings, emphasizing the importance of proactive management of insurance costs. [Extracted from the article]
Additional Information
- Source:Kiplinger Personal Finance. 2025/12, Vol. 79, Issue 12, p64
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2025
- ISSN:1528-9729
- Accession Number:189098185
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