If your car insurance has gone up and you’re wondering if you’re alone, you’re not. Auto insurance has jumped nearly 15% in the past year.
Juan Maroso loves driving his Tesla but there’s nothing fun about paying the insurance. It has jumped nearly 70%.
“My regular insurance was $2,400 for six months, and it went up to $4,000," he said. "It's one more thing to add to the list, honestly, but it hurts. It definitely hurts."
The rising costs of repair, labor and medical care are causing insurance sticker shock.
A new report by www.bankrate.com found nationwide premiums have risen more than $240 dollars, topping $2000 a year.
So what can you do?
Shop around for the best deal. Call your insurance agent to see if you’re taking full advantage of available discounts.
Consider a small or cheaper car.
Drive carefully. Moving violations like speeding tickets could raise your rates even more.