Tips to Combat Rising Car Insurance Rates: Analyst

Jack Bradley
By Jack Bradley
February 20, 2024NTD Newsroom
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It is getting more expensive to own and maintain a car.

Drivers in the United States are paying an average of $2,500 annually for car insurance, which is 26 percent more than last year, according to a new report by Bankrate.

Bill Dendy, a CPA and certified financial planner with Alicorn Investment Group, told NTD what’s driving the surge in car insurance prices and what Americans can do to combat them.