#5. Buying a Car? Choose Wisely

Getting a lower car insurance rate starts the moment you pick a make and model. It may sound surreal but the truth is that some cars are more expensive to ensure. It should go without saying that car buyers will need to think about insurance as soon as they’re shopping for one and not just as an afterthought.

Insurance premiums vary per make and model. A review done by NerdWallet checked for rates on the best-selling vehicles, and they found that the Toyota Camry was $187 more expensive compared to a Honda Accord. They also discovered that the Toyota RAV4 was $200 more expensive than the Honda CRV.

Bottom line, consider which car has a lower premium price and add it to your shortlist so you can avoid paying double or even triple the price in a year.