Getting the cheapest car insurance helps counter expense of driving

A new report on average vehicle costs from the American Automobile Association helps illustrate why many people will do considerable research to find the cheapest car insurance.

This week, AAA reported that motorists spend about 54 cents per mile on all combined new car costs, including insurance, fuel, registration, maintenance and other needs. This is only 0.1 cent less than the average cost of owning a vehicle in 2008, even though Americans spent a significant portion of last year paying $4 a gallon for gasoline - about double the average current price.

"While motorists are experiencing relief at the pump, those savings have been countered by revised Environmental Protection Agency fuel economy estimates and increases in vehicle ownership costs, such as insurance premiums, depreciation, finance charges and other fees and taxes," said Marshall Doney of AAA in a statement.

According to the organization, it costs an average of $8,095 to drive a typical new sedan 15,000 miles annually, while small sedans cost an average of $6,312 and SUVs cost $10,259 per year, on average. New minivans are said to cost about $8,815 to drive for a year.

Since expenses like fuel can be hard to avoid, some of the best options for motorists when it comes to holding down these costs are shopping around for the cheapest car insurance and performing regular vehicle maintenance.

If you'd like to do something about your own auto insurance costs, pay a visit to InsureMe.com today.

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