Drivers can try several cost-reducing strategies to help alleviate the sting of soaring car insurance, a recent Experian report said.Car insurance premiums have soared 17% this year and are set to go higher, pushing some drivers to opt out. But before throwing in the towel on insurance, drivers should consider ways to cut costs on insurance, a recent report said.
"In addition, new technology in cars is making them more expensive to repair," Experian said. "While a fancy car entertainment system might be able to be ignored when it's on the fritz, others, such as driver assistant technologies, often can't be." There are some factors that drivers can control to help reduce their car insurance costs, Experian said.
Shopping for the best provider is another time-tested way for drivers to help reduce costs, according to Experian. "Often, filling your tank is an afterthought, which robs you of hundreds of dollars per year," GasBuddy Head of Petroleum Analysis Patrick De Haan said. "Motorists should get in the habit of picking a price, not picking a station." HOMEBUYERS ARE FINDING BETTER DEALS IN THESE CITIES, SURVEY SAYS