How to save on car insurance in 2027: Take these steps now

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November 6, 2026 / 3:21 PM EST / CBS News

Car insurance is one of those expenses that can quietly eat away at your budget. You might maintain a clean driving record, go years without filing a claim and still open your car insurance renewal notice to find that your policy premiums have increased. And while those increases may seem unavoidable, the amount you're paying for car insurance today isn't necessarily what you need to pay going forward.

That's worth considering as this year comes to a close. Car insurers have spent the last several years adjusting premiums in response to higher vehicle repair costs, expensive replacement parts and rising claim expenses. Those pressures have made affordable coverage harder to find for many drivers, including those who haven't had an accident or received a traffic ticket recently.

But with 2027 approaching, there's an opportunity to rethink what you're paying for coverage and determine whether your current policy still makes financial sense. And making certain changes before the new year could put you in a better position to keep your insurance…

Original source: https://www.cbsnews.com/moneywatch/