With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Whether you own, finance, or lease your car significantly affects insurance costs. Lenders require "full coverage" on financed or leased cars, which drives premiums higher. If you own your car ...

You can't negotiate your car insurance rate. Rate changes often require some form of government approval, although the exact process differs by state. That means companies can't negotiate car ...

The cost of driving continues to increase, leaving many consumers seeking relief from soaring car insurance prices, which have gone up by over 30 percent since 2023, according to the Bureau of Labor ...

With insurance costs continuing to rise, lowering your rates has never been more important. Homeowners insurance alone has skyrocketed nearly 70% in the past five-and-a-half years. As a reporter who ...

If you're middle-aged, you're enjoying some of the lowest of any demographic: A 50-year-old male driver pays an average of $2,515 a year for full coverage, or 6% less than a 40-year-old ($2,680) and ...

Question: My car is 10 years old. Should I drop down to minimum coverage on my car insurance? Answer: The 10-year mark is a good time to reevaluate your car insurance needs, but there's more to making ...

What exactly does car insurance cover? This is one of the most common questions we get, but the answer is surprisingly complex. It depends on the state where you live, what coverage you’ve chosen, who ...

The average American pays $2,671 per year for full coverage car insurance, according to Bankrate. But with insurance rates climbing 12% from a year ago and tariffs threatening to push them higher, ...

According to Experian data, the average American driver pays roughly $2,328 per year for full coverage auto insurance in 2025. If you carry only the minimum coverage required by your state, that drops ...