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As 2024 rolls on, many American drivers brace for – or already got hit with – a steep rise in insurance premiums. If you’re facing increased car insurance costs, there are a few ways to control it back down.

First, understand exactly why your rate increased. Sure, industry-level increases plague the country, but your particular circumstances could be unique to others. Compare itemized policy charges before and after the premium hike. Ask your insurance company to explain the differences.

Next, consider what adjustments you can make.

Collision insurance is likely the most expensive part of your policy. If your deductible there is low, experiment with increasing it. If you own an older car outright, check on its market value. Decide whether paying so much for collision coverage is really worth it over time. 

For instance, you might be able to “save the difference” toward a replacement vehicle. It’s possible you might be lucky enough to never need the collision coverage, and you’d have saved the extra money. Of course, all of this depends on your ability and willingness to take on the increased financial responsibility of fixing or replacing your car if it’s damaged in a car accident.

Remember that you can always check out other insurance providers and switch to a company offering better rates. You might even be able to keep all of your current coverage and still land a better price.

Finally, if all else fails, take a good look at how your primary vehicle affects your premium. Certain cars, like sports or luxury vehicles, EVs, and large trucks or SUVs are more expensive than other vehicles to repair after an accident. If ownership costs feel like they’re crushing your wallet, it might be a good time to get into something different. According to MarketWatch, Mazda, VW, and Subaru tend to associate with lower car insurance premiums.

If you’re considering a different new or used vehicle due to increased car insurance costs, check out MotorBiscuit’s seamless car buying tool to compare models and find the best deal near you.