Car insurance rates are at a 50-year high. Here's 3 ways you can keep your costs low, according to an expert

Wed, 03/27/2024 - 06:03

Tech Insider

Economy

Economy

• American car insurance rates have reached a 50-year high, outpacing inflation.
• Higher premiums and deductibles are driven by the climate crisis and increased accident risk.
• Drivers should prioritize safety, research insurance policies, and apply for discounts to save money.

American car insurance rates have hit a 50-year high, and drivers are paying the price.

Tags

economy, Auto Insurance, economy, car-insurance, climate-change, personal-finance, Inflation, Drivers

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Car insurance rates are at a 50-year high. Here's 3 ways you can keep your cost…