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I saved a ton of money on car insurance by using the Costco insurance program, which goes through American Family Insurance. I was paying almost double with another company before switching, and now I pay under $90 a month for pretty good coverage on my car. If you’re a Costco member, it’s definitely worth getting a quote from them.
If you won’t be driving much initially while you’re just learning with someone, you might want to look into pay-per-mile insurance like Metromile. I paid as low as $27 a month with them because my base rate was low, and I only paid for the miles I actually drove. This could be a good option if you’re only driving those short trips with your licensed friend.
One trick I learned to lower my monthly payment when I was really struggling was to max out my deductibles. By agreeing to pay a higher amount out-of-pocket if I had an accident, my monthly premium went down significantly. Just make sure you have some savings to cover that higher deductible if something does happen.
Honestly, when you’re just looking for the bare minimum, you might have to consider companies known for that, like The General. They often advertise very low rates, though keep in mind that your individual quote will still depend on your specific situation, and the coverage will be the absolute minimum required. I’ve heard you can get multiple quotes quickly using sites like PolicyGenius and just pick the lowest one.
When I was in a similar tight spot, I looked into credit unions. Sometimes they have partnerships with insurance agencies that can offer better rates to members. It might be worth checking with Veridian or Centris in Iowa to see if they have any such deals, though you should make sure any required membership fees or minimum deposits don’t outweigh the potential savings.
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