The soaring car insurance premiums, propelled by inflation and higher interest rates on auto loans, present a significant financial burden. The predicament is further aggravated by the legal obligation to purchase insurance in most states, leaving consumers in a tight spot. Despite these hurdles, there are strategies at your disposal to mitigate these escalating costs, including market research for better rates, increasing your deductibles, or enrolling in defensive driving courses.

How are you coping with rising car insurance premiums?

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