Relief at the gas pump seems to be a pipe dream. Prices are rising and drivers are rethinking budgets to accommodate. One way to help save money is through your insurance.
According to certified financial planner Rick Rodgers, car insurance can be a good place to start saving money.
The average annual insurance premium is $850 and Rodgers offered some tips to meet or beat that rate.
“Your insurance agent doesn’t have a lot of incentive to reduce your premiums,” Rodgers said. He encourages car owners to look around at other insurance agents who will be happy to provide you with lower rates.
Thanks to the internet and the growing insurance industry, it’s easier to compare rates than ever before. Rodgers said he knows someone who saved $1,600 on his premiums by switching agents.