If you're fed up with skyrocketing car insurance rates despite making no new claims, you're not alone. Car insurance premiums currently average $143 per month or $1,707 per year, according to Insurify. When you factor in the rising prices of other everyday essentials, that's a painfully high bill for many Americans.
The good news is you're not locked into that price forever; you're not even locked into it for the entire policy term in many cases. You can switch in the middle of your coverage period if you want. The key is to do the legwork to make sure you maximize your savings and avoid any hidden fees or problems when you do.
