How to Reduce Your Car Insurance (And Save Thousands)
The Personal Finance Podcast
Good-faith settlement question
Andrew answers a Fidelity question about unsettled cash and good faith violations for new investors.
Car insurance premiums are up 30% and most people have no idea they have the power to push back. This episode gives you that power in 10 steps.
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What You'll Learn in This Episode
- The 10-step process to slash your car insurance bill starting today
- Why shopping your policy at renewal time is the single highest-leverage move you can make
- The 10-step framework to cut your premium without sacrificing the coverage you actually need
- The discounts your insurance company will never volunteer unless you ask
- When to drop comprehensive and collision coverage on an older vehicle
- How a modest $200 per year savings can grow into $88,000 over 40 years when invested
- How your credit score directly affects what you pay for car insurance
- Three listener money questions answered live, including how to handle a 40% RSU concentration and whether a 20-year-old should invest or pay off student loans first
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Resource/s Mentioned
How to Pay Off Your Student Loans Fast
Tool/s Mentioned
Episode/s Mentioned
How to Master Your Student Loans with Robert Farrington
Watch Next
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Connect with Andrew
Question for you:
Agree or disagree: Most people are overpaying for car insurance and do not even know it. Tell us why in the comments.
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