You Might be Wasting Almost $500 Per Year on Car Insurance

by Shane Murphy


Family in red car with dog
LightField Studios / Shutterstock

If your financial situation has been affected by the pandemic, you’re probably on the lookout for a quick way to trim down your monthly expenses.

You could always try one of the obvious strategies — switching to generic brands, making your meals at home, or canceling subscription services you don’t use.

But when was the last time you shopped for a better rate on your car insurance?

WalletHub conducted a study saying that the minimum amount of monthly coverage costs the average American $60.

But, depending on which state you live in, driving history and the make and model of your car, there are some insurers that can offer you as little as $22 a month for insurance.

Thanks to SmartFinancial, comparing multiple insurance companies is easier than ever.

How SmartFinancial helps you save

When you sign up for SmartFinancial, they’ll ask you some quick questions that help determine your insurance. Things like your age, your home state, the type of vehicle you drive and your driving record.

Based on your answers, they’ll sort through many insurance companies to find you the lowest prices available in your area.

SmartFinancial will also find any discounts you may be eligible for. For example, if your car has airbags or daytime running lights, you might be able to get a cheaper rate.

Even something as simple as wearing your seatbelt could lower your premium.

Stop wasting money

Saving money on car insurance with SmartFinancial is a simple way to reduce your expenses. You’ll often get the same, or even better, insurance for less than what you’re paying right now.

In the same amount of time it takes to watch a cat video on YouTube, you could save yourself almost $40 a month.

There’s no reason not to at least try this free service. Check out SmartFinancial today, and take a turn in the right direction.