How to Save Money on Car Insurance in 2025

Car insurance. Just reading those two words probably made your eyes glaze over a little. But if you own a car, especially a newer one, you can’t afford not to pay attention. Most people don’t think much about insurance until something goes wrong — and then they’re left asking why their premiums are sky-high or their claim was denied.

In a recent episode of The Straight Shift, I invited Jasmine Walker, owner of Brightway Insurance in Charlotte, NC, to help me break down what’s really going on behind the recent surge in car insurance costs — and how to avoid getting financially sideswiped by fine print and bad assumptions.

Why Car Insurance Costs Are Climbing

You’ve probably noticed that your premiums have been rising, even if you haven’t had any accidents. Jasmine confirmed that inflation is a major culprit. When the cost to fix or replace a car goes up, so does the cost to insure it.

• The average new car now costs close to $50,000.

• Car parts and labor are more expensive.

• Used car values are still elevated post-pandemic.

That means when something breaks or someone gets into a wreck, it costs more to make things right — and insurers pass that cost along to you.

And yes, the recent 25% tariffs on imported cars and parts could make things worse, particularly if your vehicle or its components are sourced outside the U.S. Jasmine explained that while she can’t predict insurance rate changes tied to tariffs, all of these factors are connected — and they add up.

What About Those Infamous Hyundais and Kias?

You might have heard horror stories about skyrocketing premiums — or outright denial of coverage — for certain models of Hyundai and Kia vehicles. Jasmine confirmed that some carriers have backed off those restrictions now that newer models come with immobilizers. Still, your insurance options may vary depending on your state and your insurer.

How to Save on Insurance Without Cutting Critical Coverage

Cheap insurance is like a cheap parachute — it might work, but are you really willing to risk it?

Instead of skimping on coverage, Jasmine recommends:

✅ Building a relationship with a broker (not just a captive agent).

✅ Taking a defensive driving course — these are available to both teens and adults and can score you discounts.

✅ Using telematics (aka safe driver apps or plug-ins) if you drive responsibly. Jasmine says the savings can be significant.

<blockquote style="border-left: 4px solid #EF3EA9; padding-left: 1em; margin: 1.5em 0; font-style: italic; color: #555;">

  “Who really wants to spend extra money on insurance? No one. That’s why you need someone you trust who will help you save every way you legally can.” — Jasmine Walker

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Just keep in mind, telematics isn’t for everyone. As a race car driver with a go-kart on steroids for a daily driver, I tested one of those safe driver devices — and it did not appreciate how I corner. Fun? Yes. Helpful? Not so much. Fortunately, my "bad" driving did not count against me and jack up my rates.

Teen Drivers: A Parent’s Financial Nightmare

Teen drivers are notoriously expensive to insure, and parents often ask whether they should title the car in their kid’s name or keep everything under their household policy. Jasmine recommends:

✅ If the teen still lives at home or is in college under your address, keep them on your household policy — it’s almost always cheaper.

✅ Once they’re fully out on their own (new address, job, tax filing, etc.), it’s time for them to get their own policy.

✅ Be honest. Insurance carriers have proof-of-residence checks. If a claim reveals the driver lives with you but wasn’t on your policy, it can void the coverage.

Buying a Car Through Your Business: What You Need to Know

Thinking about titling a vehicle in your business name for tax reasons? That’s great — but it likely means you’ll need commercial auto insurance.

Commercial coverage tends to be more expensive, but Jasmine points out that it depends on your industry. If you’re just commuting to the office, the risk is low. If you’re hauling gear to job sites, expect to pay more.

Key tips:

✅ Talk to your insurance agent before you buy or title the car.

✅ Make sure your agent actually offers commercial policies — not all do.

✅ Be fully honest about how you’ll use the vehicle. Misrepresentation can void your policy.

Insuring the Toys: Classic Cars, Jet Skis & More

Got a ‘63 Mercedes, a Harley, or a Jet Ski? You’re going to need specialty insurance.

This isn’t your average Geico quote. These toys are emotional investments and need to be covered appropriately. Jasmine has separate carriers for classic cars and collectibles — and says it’s vital to have detailed appraisals, photos, and receipts on file with your agent.

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  “You wouldn't believe how many people forget to mention their $10,000 stereo system or their custom wrap. If it’s not disclosed, it’s not covered.” — Jasmine Walker
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Real-Life Example: When It Does Happen

Years ago, I was rear-ended at a stoplight by someone who was more interested in her phone than the road. Her insurance was terrible and tried to lowball me on my claim — they didn’t even record the right trim level or mileage of my MINI Cooper.

Worse? They didn’t want to cover my wrap or aftermarket parts. But because I had documented everything and disclosed it to my agent, I made sure they honored what they owed. (Pro tip: If you have a custom wrap or high-end accessories, keep your receipts and photos handy!)

Final Thoughts: It's All About the Relationship

Insurance is a contract. It’s not magical money that appears when things go wrong. If you want a policy that will have your back when you need it most, you have to:

✅ Be honest about how you use your car.

✅ Communicate life changes to your agent.

✅ Choose an agent or broker who asks the right questions and understands your full situation.

It might not be the most exciting topic, but insurance can make or break your financial stability in the event of a claim. Make sure you’re covered — really covered.

🎧 Want to go deeper?

Listen to the full episode of The Straight Shift with Jasmine Walker to hear all the insurance tips, laughs, and horror stories. Find it on all major podcast platforms or visit TheStraightShift.com.

And while you’re there, don’t forget to subscribe to The Straight Shift newsletter and check out my Tariff Tracker™ to see which cars might spike in price — and insurance — thanks to the latest trade shenanigans.

Stay safe, drive smart, and please... tell your agent about the $10K sound system before it disappears.