Advertisement
|
| |
|
| |
|
|
|
💵 Today’s Top Stories
Costco remains Clark’s favorite store. But there are things Sam’s Club does better, he says. Including being more customer-friendly in these ways. Read more.
Financial secrecy and ignorance are dangerous in relationships, Clark says. Here’s how to set up a shared financial tracking system with your partner along with a step-by-step checklist. Read more.
Paying for a major streaming service to watch football? Find out whether you face a price increase, and how much extra you’ll need to pay. Read more.
Clark calls himself “the man from Roth” because of his obsession with Roth IRAs. Here’s why he loves them so dearly — and how and where to open one. Read more.
By one measure, auto insurance premiums fell 6% in 2025 and are projected to end 2026 up 1%.
That’s a welcome respite compared to the hockey-stick price increases several years ago.
But if you’re driving an EV, a hybrid or an SUV, you could see an even bigger price adjustment.
At least 10 vehicles saw insurance premiums fall 15% to 19%, or between $509 and $917 for a year. More than half were EVs or hybrids.
The Hyundai IONIQ 5 saw premiums fall 19%, or $704, pairing with an $8,000 drop in its MSRP. That’s the largest percentage decrease this year.
One expert correlates the change in EV premiums to more battery production, more adoption and prices adjusting.
“I think a big factor for EVs is that when we talk about insurance, we’re talking about risk. Insurers love predictability,” she said.
Other vehicles of note:
Dodge Charger: Largest dollar amount decrease (-$917), but the annual premium remains $4,146 on average.
Toyota Sequoia and Toyota Highlander: Premiums dropped 17% for an average savings between $522 and $561 per year.
Audi S5: Premiums increased 23% this year, adding $939 to the cost.
Acura RDX: Increased 10% to $2,581.
The best way to realize any of those cost savings is to comparison shop and re-shop your current insurance coverage.
📊 Stat of the Day
🚘 $100: The average dividend payment that State Farm will send to its auto insurance customers per qualifying vehicle for 2025. A stronger performance than expected led to the company putting together a $5 billion dividend pool to send to customers.
💰 Deal Alert: Today’s Top Deals
🎙 Podcast
In this special episode, fiduciary financial advisor Wes Moss answers your top questions on high-yield savings accounts, college planning, investing for grandchildren, preparing for retirement, and more. Whether you’re dealing with falling savings rates or trying to navigate high-yield dividend options, Wes breaks down the practical strategies you need to keep your money working for you.
☎ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
Advertisement
|
| |
|
| |
|
|
|
