8 Ways to Save Money on Car Insurance
When I was 19 years old, I sped through the empty roadways of rural Wisconsin—with Walk the Moon's "Shut Up and Dance" blaring on the radio—and got pulled over. That was the day I got my first speeding ticket. It came with a $250 fine, which ended up being the same amount I paid a lawyer to try to fight it. And if that weren't enough, my car insurance premiums went up by close to $100 a month—for two years. I learned my lesson. Quickly.
Cars are significantly more expensive these days (although they seem to have started leveling out), car accidents were up last year—and that car insurance bill is a monthly expense that doesn't get any smaller. It also doesn't help that car insurance is so dang complicated in the first place.
But there are definitely ways that you can save money on that car insurance premium; some let you see extra cash right away, while others are more helpful in the long run. And understanding these different options is key to helping you save money over the course of your vehicle ownership. Here are some avenues to consider.
Remember: Car insurance is a necessary evil, but savings are available. And driving better? That's the biggest saving of them all. So slow down, follow the rules of the road, and you'll save money—and maybe even save a life while you're at it.