If you’re going to drive a luxury car and have car insurance that pays for repairs, you’re not going to save much money.
In fact, according to a new report from the Insurance Information Institute, the median cost of car insurance in the United States is only $7,800.
That’s down from $11,800 in 2007.
But if you have a few hundred dollars in your wallet, that savings can pay for repairs for a very small percentage of your car.
That percentage of repairs would be even smaller if you didn’t take on a deductible or have a limited vehicle policy.
The savings for the average American are about $500 a year, according the IIS.
And that number includes some small discounts.
The best value you can get on a vehicle insurance policy is between $400 and $500 per year, which is just under $1,000.
The average premium for a new driver is about $10,000, according IIS data.
That would add up to $8,800 a year if you had a limited policy, according a recent analysis by InsuranceQuotes.com.
So if you don’t have the money to buy car insurance and don’t want to spend it on repairs, it’s still possible to save a little money.
The IIS study found that if you were to use a low-cost policy and had the ability to deduct your car payments, you could save up to about $700 per year.
You could also save up $1.4 million on a $500,000 car insurance policy, the report said.
If you have limited coverage, you might be able to save even more money.
InsuranceQuotes said you could “find savings of up to 1,400 percent” on your policy if you use a deductible that is 10 percent of your total deductible.
That could mean the difference between getting your car fixed or not.
You can use the savings on other items, too.
For example, the IHS said you can save money on gas by buying gas-guzzling SUVs or trucks.
The savings are even bigger if you pay a low premium on the vehicle, too, because the insurer covers repairs for any deductible, and you have no deductible.