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In many states, including New Jersey, the car insurance bill can amount to quite a bit every year. It can be a struggle to pay, and many Americans either get the bare minimum coverage or don’t get it at all, hoping that they never need it.
But having good car insurance is not only key to your financial freedom, in New Jersey and other states it is mandatory, and serious penalties can occur if you go without. That’s why in this episode of the podcast I wanted to talk about tips for reducing the cost of your car insurance so that the savings can be put to better use towards your financial freedom.
In this episode you will learn:
- How DUIs and Other Traffic Tickets Affect Your Rates
- Tips on How to Reduce Insurance Costs
- Why Your Credit Score Matters
- Why Bundling Coverage May Make Sense to You
Links & Resources
- CNBC Article
- Investopedia Article
- Consumer Reports Article
- CarInsurance.com Article
- Forbes Article on Bundling
If you enjoyed this episode, you might also like:
- Episode 37: The Importance of Having an Independent Insurance Agent
- Episode 4: How a Traffic Ticket Can Affect Can Affect NJ Auto Insurance
- Episode 122: Tips for Saving on Your Utility Bills
- Episode 118: Tips for Saving Money on Your Cell Phone Bill
- Episode 114: Hot Tips for Cutting the Cord
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If you enjoy listening to this podcast, it will put a big smile on my face if you left a review on Apple Podcasts, Podchaser, or wherever you like to listen to podcasts.
