Motorists are required to carry an automobile policy in just about every state with few exceptions, but many have no idea what it can end up costing them for auto insurance. Dependent on many factors, the price for coverage can range from being fairly cheap to extremely expensive and consumers should understand how to keep premiums as affordable as possible. After all, individuals usually become licensed around the age of sixteen and some continue to drive well into their golden years; over the course of a person’s life the price paid for automobile policies can be 10’s of thousands of dollars if not over $100,000.

Since a good portion of a consumer’s lifetime income will be paid in premiums it is a good idea to find out how much is car insurance on a regular basis and make sure that the best deal is being paid at all times to ensure that money is not being unnecessarily wasted. Many individuals make a common mistake of finding a carrier that they feel is reasonably priced and stick with that company for years without even periodically checking to see if their provider is still the most competitively priced or if another insurer has entered the market that can offer lower rates. In many cases a person will switch companies several times throughout their lives and doing so can end up saving thousands of dollars.