In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla itself, finding the initial $93 monthly premium “really reasonable.” Sixteen days later, as he drove along the Capital Beltway to his Maryland home, he engaged Autopilot, Tesla’s automated driving system. The car started beeping and lurched…
Tag: Car
Best Car Insurance in Florida October 2023
In Florida, car insurance is a must-have for drivers, with residents required to maintain a minimum of $10,000 in personal injury protection (PIP) and $10,000 in property damage liability. Whether you rely on I-4 or I-95 for your daily commute, it’s important to ensure you’re properly covered while on the road. According to Bankrate data,…
Don’t Drop Your High-Priced Car Insurance; Try These Strategies For Lowering Rat…
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. As car insurance premiums skyrocket, more and more drivers are opting to drop their policies. Saving hundreds of dollars in premiums per month sounds appealing, but from a financial—and legal—perspective, that risky decision could…