Lorraine Roberte is an insurance writer for Investopedia. As a personal finance writer, her expertise includes money management and insurance-related topics. She has written hundreds of reviews of ...

I know it sounds like one of those “one weird trick doctors hate” ads, but I slashed my car insurance premium in less time than a World Cup hydration break. All I had to do was bump up my deductible.

Pay-per-mile insurance bases your premiums partly on your monthly mileage. Your insurance costs are calculated with a fixed base rate plus a variable per-mile rate based on how much you drive. Pay-per ...