Here are the Most (and Least) Expensive Cars to Insure

Many of us face a major financial hassle twice a year: car insurance.

According to Insurify, an insurance pricing information site, the national average cost of insuring your car is $136 per month.

According to the Insurance Information Institute (III), there are several ways you can reduce your costs:

· Before choosing your coverage, do some research. Different insurance companies charge different rates. Experts recommend checking at least three insurers before making a decision.

· Increase your deductible, which is the amount you must pay before your insurance kicks in. Increasing your deductible from $200 to $500 could reduce your collision and collision damage waiver costs by 15% to 30%. However, always make sure you have enough money in a cash or checking account to pay off any claim that may arise.

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