Four Ways to Save Money on Car Insurance as Rates Rise

Car insurance is getting more expensive and inflation is only partly to blame. Here are four moves to consider to save money.

Cost of insuring car jumped 8.3% in past year, projected to rise as much as 10% more in 2023, analysts say

Related Video: Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflection point. WSJ’s Sharon Terlep explains the role ‘elasticity’ plays in a company’s decision on whether to raise prices. Photo illustration: Adele Morgancan now shift gears and gripe about car-insurance rates instead.8.3% on average compared with a year ago, according to S&P Global Market Intelligence.

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