{"id":1511,"date":"2023-10-23T04:53:50","date_gmt":"2023-10-23T04:53:50","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=1511"},"modified":"2023-10-23T04:53:53","modified_gmt":"2023-10-23T04:53:53","slug":"how-to-save-money-car-insurance","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/car-insurance\/how-to-save-money-car-insurance\/","title":{"rendered":"HOW TO SAVE MONEY CAR INSURANCE: Proven Tips & Steps"},"content":{"rendered":"
You can save money on car insurance by learning what factors influence premiums and using some helpful shopping strategies. It provides financial security while driving. But the price of that security is too high, and we know you feel the same way. Car insurance premiums keep going up, but if you are sick of shelling out so much money every month, here are some ways to lower your rates and save up money in your budget.<\/p>
Car insurance is expensive, and the amount a driver pays each year for coverage can vary widely based on factors such as the driver’s age, gender, marital status, driving record, and even the weather.<\/p>
According to data from Bankrate.com, full-coverage auto insurance costs about $2,014 annually and liability-only insurance costs about $622. The cost of auto insurance, however, varies greatly from one person to the next, depending on several rating factors.\u00a0<\/p>
Knowing which aspects of your car insurance premium are within your control will help you negotiate better rates and save money. The following are factors that affect car insurance premiums:<\/p>
There is a wide range of auto insurance rates from one state and even one city to the next. City dwellers can expect to pay higher monthly payments for auto insurance than their rural counterparts.<\/p>
Insurance companies typically charge more to cover the risks associated with insuring young drivers<\/a> and senior drivers. Insurance rates for new drivers are higher across the board, regardless of age.<\/p> Auto insurance premiums go up after an accident in which the policyholder was found at fault, after receiving traffic tickets, or after being convicted of driving under the influence (DUI) or driving while intoxicated (DWI). <\/p>#3. Driving Record<\/span><\/h3>
#4. Credit History<\/span><\/h3>