We were bound to fail. We just didn’t know it when we started our quest.

When our latest car insurance premium notices landed, we were shocked: Tara’s premiums had risen more than 62 percent to $2,315 since late 2020. Ron, with a car that is three years younger than Tara’s and has a plug-in hybrid battery that would be expensive to replace, was experiencing sky-high costs of $3,396 per year.

If you own a car, it’s no secret that auto insurance prices have soared. Motor-vehicle insurance premiums have increased 51 percent in just three years, according to the latest data from the Consumer Price Index. A confluence of factors is to blame. Cars are more expensive to repair and replace, accidents are on the rise (phone fiddling is an ever-present risk) and weather-related claims are also increasing.

Could we shop our way out of this mess? We were all for trying, but it

Keep reading this article on The New York Times Your Money.

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