Watch out for your wallet! Do you live in one of the five U.S. states where car insurance rates are going up this year?
According to industry reports, rates are going up this year in Florida, Indiana, Massachusetts, New York and Rhode Island. For example, New York rates are expected to rise by 1.2%, and Indianaâs by 1.1%. Annoying, isnât it? Here you are, probably driving less than ever, and they want to raise your car insurance premiums.
Theyâre ripping you off. The good news? Thereâs something you can easily do about it.
A website called Insure.com makes it super easy to compare car insurance prices and make sure youâre not getting ripped off. All you have to do is enter your ZIP code and your age, and itâll show you your options.
Are you driving less than 50 miles a day? Do you have zero DUIs on your record? You could qualify for discounts.
Using Insure.com, people save an average of $540 a year.
Yup. That could be $500 back in your pocket just for taking a few minutes to look at your options.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder. He lives in one of these five states, and heâs mad about this.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.