Consumer Reports: Save $$$ on car insurance
· KRGV (NBC 5)
Car insurance rates are on the rise, with the average driver now paying nearly $2,700 annually. Consumer Reports suggests several strategies to reduce premiums without losing necessary coverage. Starting with an independent insurance agent can help compare rates from different companies. Increasing your deductible may lower your monthly payments, but ensure it's an affordable amount. For older vehicles, reconsidering collision and comprehensive coverage might be wise if premiums exceed 10% of the car's value. Bundling home and auto policies, taking defensive driving courses, and monitoring driving habits can also lead to savings. Additionally, life changes, such as removing a teen driver, can significantly impact costs.
AI summary · Source: KRGV (NBC 5) →
