The new car insurance premium is skyrocketing, but there are some key steps you can take to avoid the inevitable gas station gas price spikes.
Here’s what you need to know.
Avoid paying extra for a gas pump: The biggest cost to you and your car is the price of gas.
A $2.25 price increase per gallon can make a huge difference, and if you’ve got a high-mileage car, you’re paying a premium of more than $4,000 for gas.
But that’s not all.
When you buy a new car, it’s not just about the price, it also includes the cost of the engine, transmission, and other components.
That includes the fuel pump, the tires, and even the oil changes.
When the price increases, those additional costs add up, and you’ll need to pay more for gas, especially if you’re trying to save money by going to a gas-guzzling restaurant or shopping online.
Get an extended warranty: The extended warranty covers the full cost of repairs you’ve done, so you can avoid a steep price increase if you have an accident.
The longer you’re covered, the better, but you’re also more likely to buy the car with a long-term warranty if you can.
And remember, it doesn’t matter if you purchase a new or used car, the extended warranty is there to make sure you’re getting the most out of the vehicle.
Save up for a new set of tires: A set of new tires is a great way to reduce the cost per mile, but the more you own, the more expensive you’ll end up paying for the tires.
You can save money if you buy the new tires on sale, but it’s also worth getting a set of used tires to take your car to the next level.
Some of the best tires are the Bridgestone Blizzaks or Michelin Pilot Sport P2s, which are both rated at a combined 23/19 Michelin-M4 and 23/20 Pirelli P Zero.
But if you prefer to buy them new, you can save $20 to $25 off the regular price.
Check out the prices online: Sometimes, the cheapest option on the market can be more expensive than what you actually need.
You’ll need a bit of foresight, because it’s often cheaper to pay the difference in gas costs than to buy a car with the same model but different specifications.
To help you figure out which options are the best value, check out our guide to the best deals on gas and insurance.
Find out if your insurance company will cover your car: It may seem like it’s hard to find out if a new vehicle will qualify for your extended warranty, but sometimes the cheapest way to get an extended service is to call your insurance agency.
Most of the time, the company will give you a quote, and then you’ll have to decide if you want to take it.
Some insurance companies will even offer you a discount if you call to verify your vehicle’s coverage, but that depends on the specific policy.
Don’t go with a company that doesn’t offer a car insurance plan: A new car is a whole new vehicle, and a policy that’s purchased on a whim might not be enough for you.
If you’re willing to give up a little more, there are plenty of companies that offer auto insurance for less than a new Honda Civic.
But there are also a number of other companies offering auto insurance plans that include a car, like Honda, Ford, GM, Hyundai, and Toyota.
If they offer a specific car insurance option, you’ll want to check it out, too.
Check the rates online for the best prices on gas: You may have noticed that some of the biggest gas-cost savings on your car aren’t actually on the price itself.
It’s the price you pay for gas at the pump.
That means it’s usually a better value to take a look at a new policy and compare it with the best offers online.
This is especially true for the lowest rates on gas, since many of the companies offer better discounts on gas than they do on a new Toyota Prius.
The most affordable gas-pump rates are usually between $3.50 and $4 per gallon.
Find the cheapest auto insurance policies for your vehicle: Even if you choose to purchase a car that’s more expensive, it may be worth getting your policy adjusted to make it more affordable.
Most companies that cover your vehicle will do this for free, so if you feel you might have an issue with it, you may want to make the necessary adjustments.
And if you don’t know which auto insurance company offers the best rates on your vehicle, there’s an easy way to compare rates with other drivers.
The good news is, it can be done online.
Check our list of best auto insurance deals for your car and