Free Guide to Saving Money on Severna Park Auto Insurance Online

Having to pay for overpriced auto insurance can dwindle your bank account and force you to prioritize other expenses. Comparison shopping is a smart way to make sure you're not throwing money away. With so many choices, it can be diffult for consumers to locate the lowest cost insurance company.

It's important to check auto insurance prices on a regular basis because prices are constantly changing. If you had the best deal last year you will most likely find a better rate today. Starting now, ignore everything you know about auto insurance because you're going to get a crash course in the only way to save money, get proper coverage and the best rates.

The purpose of this article is to help educate you on how car insurance quotes work and some tips to save money. If you currently have car insurance, you stand a good chance to be able to save some money using these methods. Maryland consumers only need to know how to get comparison rates online.

Save big with these discounts

Car insurance can cost a lot, but there are discounts available that can drop the cost substantially. Most are applied at quote time, but lesser-known reductions have to be asked for in order for you to get them. If you don't get every credit you deserve, you are throwing money away.

  • Good Student Discount - Performing well in school can save 20 to 25%. The discount lasts up to age 25.
  • Own a Home - Being a homeowner may trigger a auto insurance policy discount because of the fact that having a home requires personal responsibility.
  • Government Employees - Active or retired federal employment can earn a discount up to 10% with certain companies.
  • Anti-theft System - Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Discount for New Cars - Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • Pay Upfront and Save - If you pay your bill all at once instead of monthly or quarterly installments you can actually save on your bill.
  • More Vehicles More Savings - Insuring multiple cars or trucks on one policy could earn a price break for each car.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Some only reduce the cost of specific coverages such as medical payments or collision. So despite the fact that it appears you could get a free auto insurance policy, you won't be that lucky. Any amount of discount will help reduce your overall premium however.

Maryland auto insurance

Auto insurance ads bend the truth

Maryland consumers get pounded daily by advertisements for car insurance savings by companies like State Farm and Allstate. All the ads say the same thing about savings if you move to them.

But how can every company make almost identical claims?

Different companies have a preferred profile for the type of driver that earns them a profit. An example of a preferred risk could possibly be over the age of 40, insures multiple vehicles, and has great credit. A customer getting a price quote who fits that profile will get very good rates and most likely will save a lot of money.

Potential insureds who fall outside this ideal profile will be charged more money which usually ends up with the driver buying from a lower-cost company. The ads say "people who switch" not "people who quote" save money. This is how companies can truthfully advertise the savings.

That is why you should get as many comparisons as possible. It's impossible to know which insurance companies will give you the biggest savings.

Additional information is available on the website for the Maryland Insurance Administration through this link. Maryland consumers can file complaints about a company, report car insurance fraud, download brochures, and read consumer alerts.

Also read more on NAIC.org's Understanding your Policy and this directory of insurance agents in Severna Park Maryland.

And the best car insurance company is...

You just read many ways to reduce auto insurance prices online. The key concept to understand is the more you quote, the better likelihood of reducing your rate. You may even find the lowest premiums are with an unexpected company. Regional companies may cover specific market segments cheaper than their larger competitors like .

The cheapest auto insurance is definitely available online and with local Severna Park insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who do not offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.