3 Quick Ways To Cut Costs on Driving as Gas Prices Continue to Rise
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Gas prices are expected to soar this summer. Besides the annual increase during the sunny months, refinery problems and pipeline hacks in the past year have forced fuel prices higher than they’ve been in seven years.
But not all the costs of owning a car are out of your control. Your driving habits, loan payments, and car insurance can all be altered to save you money.
Everyone is looking for relief amid rising gas prices | Twenty20
How you can change your driving to save money
When it comes to fuel efficiency, not all miles are equal. How you drive greatly impacts the amount of gas you consume.
One easy way to cut back on trips to the gas station is to cut back on trips altogether. That doesn’t mean you have to stay home. All it requires is a little more planning so you can make your trips longer and more productive rather than taking the car out every time you need one or two things from the grocery store.
Planning your routes ahead of time also helps minimize the gas bill. Any missed turns or confusion will eat up unnecessary fuel.
Refinancing your car loan to lower costs
If you’re really in a pinch this summer, refinancing your car loan can help you save some cash. Refinancing would allow you to lower your monthly payments and potentially decrease the interest on the loan.
It’s always wise to weigh the pros and cons, based on your current financial situation.
How to save money on car insurance
There are a lot of ways to save on car insurance. If the need is urgent, raising your deductible will lower your monthly costs in a flash. For the long game, pay your premium annually. It will probably give you access to discounts offered by your provider.
Insurance companies are constantly coming up with new discounts to try to convince you to switch providers, so it’s a good idea to review your coverage and options regularly. Keeping track of it all might sound like a headache, but with Jerry, it’s easy.
A licensed broker, Jerry does all the hard work of finding the cheapest quotes from the top name-brand insurance companies and buying new car insurance. Jerry will even cancel your old policy for you.
And to ensure you always have the lowest rate, Jerry will send you new quotes every time your policy comes up for renewal, so you’re always getting the coverage you want at the best price. This level of service is why Jerry earned a 4.6/5 rating on the App Store and made it the top insurance app in the country.