Germantown Auto Insurance For Less Than You're Paying Now

Purchasing low-cost Germantown auto insurance over the internet can seem to be intimidating for consumers not familiar with buying insurance online. Since there are so many insurers to choose from, how can you possibly compare every company to locate the lowest rates?

If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these methods. This information will help you learn the best way to quote coverages and some tricks to saving. Nevertheless, Maryland drivers do need to know the way companies compete online because it can help you find the best coverage.

Save big with these discounts

Insuring your fleet can be pricey, but you can get discounts to cut the cost considerably. Certain discounts will be applied when you get a quote, but a few must be specifically requested before you will receive the discount.

  • Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
  • Distant Student - Kids in college who are attending college and do not have access to a covered vehicle may qualify for this discount.
  • Save over 55 - If you qualify as a senior citizen, you may be able to get better auto insurance rates.
  • No Accidents - Drivers who don't have accidents pay much less when compared to drivers who are more careless.
  • Low Mileage Discounts - Fewer annual miles could be rewarded with discounted rates on garaged vehicles.
  • Paperwork-free - A few companies will discount your bill up to fifty bucks simply for signing digitally online.
  • Multiple Vehicles - Insuring multiple vehicles on one policy can get a discount on all vehicles.

It's important to understand that most discounts do not apply to the overall cost of the policy. Some only reduce specific coverage prices like liability and collision coverage. So when the math indicates adding up those discounts means a free policy, it doesn't quite work that way. Any qualifying discounts will reduce your overall premium however.

compare Germantown auto insurance rates

Good Decisions Result in Lower Rates

Smart consumers have a good feel for the different types of things that help determine the price you pay for auto insurance. Having a good understanding of what determines base rates enables informed choices that will entitle you to much lower annual insurance costs.

The following are a partial list of the pieces auto insurance companies consider when setting prices.

  • Theft deterrents lower rates - Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.
  • Older drivers pay less - More mature drivers are more cautious drivers, statistically cause fewer accidents and receive fewer citations. Teen drivers are known to get distracted easily when driving and because of this, their auto insurance rates are much higher.
  • Men pay higher rates - Statistics have proven women are more cautious behind the wheel. However, this does not mean men are worse drivers. Both sexes tend to get into accidents in similar numbers, but the men have costlier accidents. Men also statistically receive more costly citations such as DWI and reckless driving. Male drivers age 16 to 19 are the most expensive to insure and therefore are the most expensive to insure.
  • Your auto insurance rates can be influenced by your job - Did you know that where you work can have an impact on rates? Careers like judges, business owners and dentists tend to have the highest average rates due to job stress and long work days. Other professions such as pilots, historians and performers receive lower rates.
  • Extra add-on coverages are wasting money - There are a ton of add-on coverages that can waste your money on your auto insurance policy. Insurance for roadside assistance, accident forgiveness and term life insurance may be costing you every month. They may seem good initially, but if they're wasting money eliminate the coverages to reduce your premium.

But I don't know anything about car insurance

When it comes to buying the best auto insurance coverage for your personal vehicles, there really is not a one size fits all plan. Your needs are not the same as everyone else's.

These are some specific questions may help you determine if your situation might need an agent's assistance.

  • What can I do if my company won't pay a claim?
  • Why does it cost so much to insure a teen driver in Germantown?
  • Should I put collision coverage on all my vehicles?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is my vehicle covered for flood damage?
  • Does my liability insurance cover pulling a trailer or camper?
  • Am I covered when driving on a suspended license?
  • Can I still get insurance after a DUI?

If you're not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, simply complete this short form.

Auto insurance ads bend the truth

Auto insurance providers like State Farm, Allstate and GEICO continually stream ads on TV and radio. They all make an identical promise of big savings after switching to their company. How can each company make almost identical claims? It's all in the numbers.

Insurance companies have a preferred profile for the driver that earns them a profit. For instance, a driver they prefer could possibly be between the ages of 30 and 50, insures multiple vehicles, and has excellent credit. A driver who meets those qualifications will get very good rates and most likely will save when they switch companies.

Drivers who fall outside the requirements will be quoted higher premiums and ends up with the driver buying from a lower-cost company. The ads say "customers who switch" not "people who quote" save that much. This is how insurance companies can confidently make those claims.

This emphasizes why drivers should get a wide range of price quotes. It is impossible to predict which insurance companies will have the lowest rates.

More sites with auto insurance information

Additional auto insurance information is located on the Maryland Insurance Administration website found here. Maryland consumers can view a list of available companies, read enforcement actions against agents and companies, and learn about insurance regulations.

Germantown auto insurance comparison

The best insurance company isn't always the cheapest

People change insurance companies for a variety of reasons including unfair underwriting practices, not issuing a premium refund, denial of a claim and even high rates after DUI convictions. Whatever your reason, finding a new auto insurance company is less work than it seems.

While you're price shopping online, it's a bad idea to skimp on coverage in order to save money. There have been many situations where drivers have reduced collision coverage and learned later they didn't purchase enough coverage. The proper strategy is to find the BEST coverage at the best price while still protecting your assets.

Low-cost auto insurance can be bought online and also from your neighborhood Germantown agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not provide you the ability to get quotes online and these small, regional companies work with independent agents.