Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

Car Insurance Costs: These 8 Clever Tips Will Cut Them Down

October 12, 2022 · Budgeting
car insurance
Image By Wachiwit From Shutterstock

#8 Make use of mass transit

When you go to sign up for car insurance, you will be given a questionnaire by the company you chose. While it may not seem that important, there is a question there that actually counts a lot toward how much you are going to be paying on your car insurance premium. That’s the number of miles you travel with your insured car per year.

If you are one of the people who use the car for commuting, there is a high chance you will be paying more in insurance premiums than someone who is not doing the same thing. We are talking about commutes that take you, on average, over two hours every day. Generally speaking, if you live in a big city, you have a high chance of decreasing the amount you will be paying on your car insurance if you lower your mileage by taking mass transit from time to time.

It may not seem like you will be saving much if you end up taking the bus or subway two times a week, but in the long run, it can save you a lot. In order to ensure that your efforts to reduce your annual mileage are not wasted, inquire with your agent or car insurance company about their mileage threshold policy.

And if you’re looking for more ways in which you become an insurance genius, start by checking if you know the basics!

Pages: 1 2 3 4 5 6 7 8 9

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

1 comment on “Car Insurance Costs: These 8 Clever Tips Will Cut Them Down”

  1. Ann Jensen says:
    December 11, 2022 at 10:53 am

    As a senior citizen I only drive once a week to the store, to have hair done, etc. I’ve taken the defensive driving course, increased my deductible to $1,000 and I did a 90 test with my insurance company to check my driving with an app on my phone. I haven’t had a moving car accident but, I have scraped the car, been towed, got caught in a bus tracks in the snow. I’ve filed two minor claims. Is there anything else I can do?

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Latest Posts

  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!
  • social security, income 7 Social Security Benefits That Will Change SOON

Related Articles

New Year budgeting

6 Essential Steps for New Year Budgeting Success

New Year budgeting step-by-step:  2024 flew by, and while we’re being caught in writing down…

Read More →
cash back credit card

6 Costly Habits You Need to Quit Right Now!

6. Credit card interest We’re almost done with these costly habits many people have, but…

Read More →
second-hand

12 High-Quality Items You Should Buy Second-Hand

12 Items You’d Be Happy to Get Second-Hand: Making knowledgeable decisions when it comes to…

Read More →
freebies you need to grab now

10 Amazing Freebies You Need to Grab Now!

Discounts are fine, but what about getting something you desire for FREE? Check out all…

Read More →
best places to buy a home

9 US Cities Where Buying a Home Is Cheaper Than Renting

8. Baltimore Baltimore, too, is more affordable for buyers than renters by only 1%. It…

Read More →
A close-up shot of a person's hands writing in a notebook beside a wall calendar marked with bills and income dates.

Budgeting on a Fixed Income: A Month-by-Month Survival Guide

Month 7: The Healthcare and Prescription Review Healthcare is a non-negotiable expense, but there are…

Read More →
best beach towns for retired homebuyers

4 Best Beach Towns for Retired Homebuyers

Port Arthur (cont.) What makes Port Arthur one of the best beach towns for retired…

Read More →
vacation

Spend Less on Vacation With These 6 Clever Budget Planning Hacks

When was the last time you took a vacation? As beautiful as it is to…

Read More →

9 Free Things at Libraries You Never Knew About

Did you know you can access all of these services for free from most libraries?…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2025 The Money Place. All rights reserved.