Trim The Fat Tuesday: The Insurance Review, Part 3

This is another post about how we get to save a lot of money by getting rid of a car. There are going to be a bunch of posts like this, because cars are expensive. I hope you can find a way to get rid of one too, because it's life-changing. For example, you can

Stop paying for car insurance.

Yup. When you don't have a car, you don't pay insurance. And they don't make you get bike insurance, so Kirk is pretty much golden on this.

As you may recall, we recently changed our auto insurance coverage because of the insanely good rates GEICO was offering us. Well, that's getting even cheaper by the end of the month when we get rid of the Focus for good. GEICO's website is also easy to use, and gave me a great snapshot of exactly what portion of the insurance costs go to Kirk's car:

So with about 15 seconds of research, we can see that our yearly insurance savings comes to $218.70, or just about $18 per month. That's not nearly as much as it would be if the Focus were a newer, fancier car, but it's nothing to sneeze at either. Remember, it adds up!

Savings per month: $18


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