Reducing your car insurance to minimum coverage could save you thousands on premiums. But when is it worth the risk?

Laura Longero is an award-winning writer and editor who has more than 15 years of editorial experience. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

SALT LAKE CITY — Congratulations — you just paid off your car! Now you're free of both car payments and your old lender's requirement of carrying full-coverage insurance. The average Utahn pays over ...

State car insurance requirements vary, but USAA offers the cheapest minimum coverage rates in our analysis. To qualify for ...

Auto-Owners car insurance costs vary by age, credit, and driving record. Compare their rates to national averages and see if ...

From groceries to mortgage rates, everything seems to cost more in 2024. You can add car insurance to that list. Car insurance costs have been on the rise this year, leaving drivers paying more and ...

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 ...

Explore Travelers car insurance costs by age, credit, and driving record, with average monthly rates for full and liability coverage to see if it fits your needs.

The national average that American drivers pay per year for full auto coverage is $2,313. That’s according to a report from insurance comparison company Insurify. The report found that drivers in 32 ...

American motorists are spending less on fuel than a year ago, but any savings are likely being gobbled up by soaring car insurance premiums. Although prices at the pump in December were nearly 2% ...

Auto-Owners offers below-average rates for many types of drivers and some valuable features to help financially recover after an accident Written By Written by Insurance Staff Writer, WSJ | Buy Side ...

About one in five motorists lease rather than own their car, according to data from Cox Automotive. Leasing can mean less money down and lower monthly payments than with a financed vehicle — not to ...