Top 7 Ways to Pay Less on Car Insurance in Annapolis

I can't think of anyone who looks forward to buying car insurance, particularly when they are paying too much.

You have so many to buy insurance from, and even though it's nice to be able to choose, lots of choices makes it harder to compare rates.

It's important to price shop coverage periodically since rates are constantly changing. Even if you think you had the lowest price two years ago you can probably find a better price now. There is too much inaccurate information about car insurance on the web, but we're going to give you some great ways to quit paying high car insurance rates.

Shopping for affordable car insurance in Annapolis is easy if you know what you're doing. Essentially everyone who has to buy car insurance stands a good chance to be able to reduce their rates. Nevertheless, Maryland consumers do need to know the way insurance companies market insurance on the web because it can help you find the best coverage.

More discounts equal less premium

Car insurance can cost a lot, buy you may qualify for discounts to help bring down the price. Larger premium reductions will be automatically applied at the time you complete a quote, but a few must be specially asked for prior to getting the savings.

Discount for Swiching Early - Select companies give a discount for buying a policy prior to your current policy expiration. The savings is around 10%.
Passive Restraints and Air Bags - Vehicles with factory air bags or motorized seat belts may earn rate discounts of up to 25% or more.
Safety Course Discount - Successfully completing a defensive driving course can save you 5% or more if your company offers it.
Resident Student - Children who are attending college and don't have a car may be able to be covered for less.
Save with a New Car - Putting insurance coverage on a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
Drivers Education - Cut your cost by having your teen driver take driver's ed class if offered at their school.
Pay Now and Pay Less - If you pay your bill all at once instead of making monthly payments you could save 5% or more.

Consumers should know that most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like adding up those discounts means a free policy, companies don't profit that way. Any qualifying discounts will bring down your premiums.

To choose providers with discount car insurance rates in Maryland, follow this link.

Switch companies and save? Really?

Companies like State Farm and Allstate consistently run ads in print and on television. All the ads say the same thing of big savings if you change your policy. How does each company claim to save you money? This is how they do it.

Insurance companies have a certain "appetite" for the right customer that makes them money. For instance, a preferred risk might be a mature driver, a clean driving record, and chooses high deductibles. Any new insured who fits that profile gets the lowest rates and therefore will save when switching.

Potential customers who do not match these standards will be charged a more expensive rate which usually ends up with the customer not buying. Company advertisements say "drivers who switch" not "everyone that quotes" save that kind of money. That is how insurance companies can confidently state the savings.

That is why you should get a wide range of price quotes. It's just too difficult to predict which company will give you the biggest savings.

It's not one size fits all

When buying the best car insurance coverage for your vehicles, there isn't really a "best" method to buy coverage. Everyone's situation is unique so your insurance needs to address that. Here are some questions about coverages that may help highlight if you would benefit from professional advice.

Does my car insurance cover rental cars?
Can I rate high risk drivers on liability-only vehicles?
Should I rate my vehicle as pleasure use or commute?
Do I pay less if my vehicle is kept in my garage?
Who is covered when they drive my vehicle?
Is my cargo covered for damage or theft?

If you don't know the answers to these questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.

Additional Maryland consumer information

Additional car insurance information is located on the website for the Maryland Insurance Administration. Click here for link. Visitors are able to learn about specific coverages, file complaints about a company, discover disciplinary actions, and read enforcement actions against agents and companies.

Affordable insurance is out there

We just covered many ways to save on car insurance. It's most important to understand that the more you quote, the better your chances of lowering your rates. You may even discover the best price on car insurance is with a smaller regional carrier. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as .

Cost effective car insurance is attainable both online in addition to many Annapolis insurance agents, and you need to price shop both to have the best rate selection. Some insurance companies do not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.

When buying insurance coverage, it's very important that you do not buy poor coverage just to save money. There have been many cases where someone dropped collision coverage and learned later that their decision to reduce coverage ended up costing them more. Your goal should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.