Car Insurance in Abingdon, MD - 5 Tricks to Save Money
Finding lower rates for Abingdon car insurance is difficult for consumers not familiar with comparing rates online. Drivers have so many options available that it can turn into more work than you anticipated to locate the lowest price in Abingdon.
If you currently have car insurance, you should be able to cut costs considerably using this information. The purpose of this article is to let you in on the best way to quote coverages and some tips to save money. But Maryland consumers do need to know how companies price insurance differently because it can help you find the best coverage.
Be sure to get all your discounts
Properly insuring your vehicles can get expensive, but companies offer discounts to reduce the price significantly. Some trigger automatically at quote time, but less common discounts must be asked for in order for you to get them.
- Seat Belts Save more than Lives - Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
- Employee of Federal Government - Employees or retirees of the government can earn a discount up to 10% with a few car insurance companies.
- Auto/Life Discount - Select insurance companies reward you with lower rates if you buy life insurance from them.
- Driver Safety - Taking a defensive driving course could save 5% or more if your company offers it.
- Save with a New Car - Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
Consumers should know that most discount credits are not given to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like you could get a free car insurance policy, companies don't profit that way. But all discounts will cut the amount you have to pay.
To choose insurance companies who offer car insurance discounts in Abingdon, click this link.
Is there truth in advertising?
Car insurance providers like Progressive, Allstate and GEICO continually stream television and radio advertisements. They all make the same claim that you'll save big after switching your policy. How do they all claim to save you money? This is how they do it.
Different companies can use profiling for the right customer that makes them money. For instance, a driver they prefer might be between 25 and 40, is a homeowner, and has great credit. Any new insured who matches those parameters is entitled to the best price and is almost guaranteed to cut their rates substantially.
Potential insureds who don't measure up to the "perfect" profile will be quoted more money which leads to the customer not buying. The ads state "drivers who switch" but not "drivers who get quotes" save that kind of money. That's why companies can advertise the savings.
This emphasizes why you should compare many company's rates. It's just too difficult to predict the company that will give you the biggest savings.
Much more information about car insurance in Maryland is located on the Maryland Insurance Administration website. Click here for link. Visitors are able to find a variety of consumer forms, download brochures, and file complaints about an insurance agent or broker.
The best insurance company isn't always the cheapest
Insureds change insurance companies for any number of reasons including being labeled a high risk driver, high rates after DUI convictions, delays in paying claims or even delays in responding to claim requests. Regardless of your reason, switching car insurance companies is easier than you think.
As you prepare to switch companies, you should never buy poor coverage just to save money. There are too many instances where an accident victim reduced liability coverage limits only to discover later that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage for the lowest price while still protecting your assets.
Discount car insurance can be purchased both online in addition to many Abingdon insurance agents, so you should compare both in order to have the best chance of saving money. There are still a few companies who do not provide online price quotes and these small, regional companies work with independent agents.
