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But the cost of insuring a car has increased significantly in the past few years.

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Perhaps you work from home full-time and only use your car a couple of times per week.

Or, maybe you have multiple cars in your household that can be shared.

Cutting back on just one vehicle could mean thousands of dollars of savings annually.

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Consider Usage-Based Insurance

These days, many insurance companies offer usage-based insurance coverage.

Be sure to compare quotes from multiple companies before making a switch.

Electing a higher deductible can save you money by reducing your monthly premiums.

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