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5 Ways in Which You Can Lower Your Auto Insurance Premium

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Lower your auto insurance premium

With the exception of a few states, such as Virginia and New Hampshire, auto insurance coverage is mandatory across the U.S. For this reason, a majority of American car owners carry auto insurance, which costs about $1,400 annually on average, according to a recent study by Business Insider. The actual cost of your auto insurance coverage will depend on various factors, including, among others, your driving history, gender, age, type of car, and the amount of coverage you need. For example, teen drivers pay higher premiums since insurance carriers generally perceive them to be high-risk motorists.

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