2. Car Insurance
Shopping for car insurance is a pain, which is probably why, once you’ve done it, you tend to avoid doing it again, sticking with your insurance company even as their premiums start ticking up. NerdWallet found that 38 percent of U.S. car-insurance holders have not compared insurance costs in at least three years, if ever.
“Set it and forget it doesn’t work really well for insurance,” Jared Snider, a senior wealth advisor in Oklahoma City, said. He suggests shopping around for new coverage every two to four years. “It’s not uncommon for shoppers to cut their rates by $100 to $200 a year after spending 15 or 30 minutes getting free quotes.”
