In this video, John Lapointe, Vice President of Lapointe Insurance, speaks with the Dispirito Team Real Estate Show about the rising car insurance rates in Rhode Island. 

Auto insurance rates are on the rise across New England, with Rhode Island notably ranking in the top ten highest in the United States. John Lapointe, VP of Lapointe Insurance, discussed this trend with Emilio Dispirito from the Dispirito Real Estate Team in a recent episode of their radio show. The increase in rates can be attributed to higher congestion and accident rates in the region, compelling insurance companies to manage greater risks.

Lapointe offers three practical solutions for consumers to mitigate these rising costs:

1. Bundling Policies: Combining multiple insurance policies can lead to significant discounts. Insurers favor clients who consolidate their policies under one provider.
2. Paying in Full: Paying your insurance premium in one lump sum rather than monthly installments can reduce overall costs.
3. Increasing Deductibles: Opting for a higher deductible can lower your insurance premiums. While this might not be ideal for everyone, it can provide substantial savings for those who can afford a higher out-of-pocket expense in the event of a claim.

By implementing these strategies, consumers can better manage their auto insurance expenses amidst rising rates in New England.