Kiplinger
Cover art for The $1,100 Car Insurance Myth

The $1,100 Car Insurance Myth

Switching car insurance saves $1,100 yearly with simple online steps.

Nov 11, 2026

7 cards · 1m · tap to begin

From · · 1m

The $1,100 Car Insurance Myth

Switching car insurance saves $1,100 yearly with simple online steps.

In brief

Switching car insurance saves $1,100 yearly with simple online steps. Shopping for car insurance online saves average customers $1,100 annually by comparing quotes. Originally reported by Kiplinger.

The $1,100 Myth

A man searches for car insurance on his smartphone.

You might think switching car insurance is hard, but it saves hundreds yearly.

“It's not easy to do”

Kiplinger Survey Finds

Readers said rising premiums and poor service made shopping for insurance feel overwhelming.

“overwhelming”

Real Savings Example

One person saved over $500 twice a year by switching insurance twice yearly.

“saving a little over $500 each time”

Average Savings

A woman with blonde hair drives a car with a satisfied smile.

Customers who shop around save up to $1,100 annually on average according to Insurify.

“up to $1,100 annually”

State Commissioners Recommend

Many state insurance commissioners advise shopping for new policies during rate hikes.

“recommend shopping around for a new policy”

Online Comparison Steps

Pull up renewal offer, review coverage, check discounts, and call current provider before switching.

“call your current insurance provider before switching”

Savings Achieved

Savings Achieved

Switching insurance saves money without extra time or hassle for most customers.

“saving a little over $500 each time”

The headline

Shopping for car insurance online saves average customers $1,100 annually by comparing quotes.

Read the original on Kiplinger

How we make summaries

React

Sign in to react and comment.

Comments (0)

Life is short. Keep it sweet. Respect others' opinions and be kind!

    Recommended next

    More decks on car insurance and related topics.