Free Guide to Cutting Costs on Oxford Auto Insurance Online

Paying for high-priced auto insurance can empty your savings account and force you to make sacrifices. Comparison shopping is a smart way to tighten up your finances. With consumers having so many options when it comes to auto insurance, it's nearly impossible to find the lowest price provider.

It's important to price shop coverage yearly because prices are constantly changing. Even if you think you had the best price a year ago you can probably find a better price now. Ignore everything you know about auto insurance because you're about to learn how to quote online to reduce your cost while improving coverage.

Learn How to Buy Auto Insurance Cheaper

Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for auto insurance. When you know what positively or negatively impacts premium levels helps enable you to make changes that may reward you with lower auto insurance prices.

  • With age comes lower rates - Youthful drivers in Maryland have a tendency to be more careless when driving so auto insurance rates are higher. If you've ever had to add a youthful driver onto your auto insurance can break the bank. More mature drivers are viewed as being more responsible, tend to file fewer claims and get fewer tickets.
  • Proper usage rating affects rates - The higher the mileage driven in a year's time the more you will pay for auto insurance. The majority of insurers charge to insure your cars based upon how you use the vehicle. Vehicles left parked in the garage qualify for better rates than vehicles that are driven to work every day. Make sure your auto insurance declarations sheet properly reflects the correct usage for each vehicle.
  • Extra coverages can waste money - There are quite a few add-on coverages that you can buy when buying auto insurance. Things like rental car reimbursement, towing coverage and membership fees are examples of these. These may sound like a good investment when you first buy your policy, but your needs may have changed so remove them from your policy.
  • How many coverages with the same company - Some companies will give a discount to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even if you're getting this discount you still need to comparison shop to confirm you are receiving the best rates possible.
  • Your spouse saves you money - Having a spouse helps lower the price when buying auto insurance. It usually means you are more responsible and it's proven that married drivers get in fewer accidents.

Oxford auto insurance comparison

Are you getting all your discounts?

Companies that sell car insurance don't necessarily list all their discounts very well, so we took the time to find both the well known as well as the least known auto insurance savings. If you don't get every credit you deserve, you are paying more than you should be.

  • College Student - Children who attend school more than 100 miles from home and don't have a car can be insured at a reduced rate.
  • Discount for Life Insurance - Companies who offer life insurance give a break if you buy a life insurance policy as well.
  • Safety Course Discount - Completing a defensive driving course could cut 5% off your bill if your company offers it.
  • Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
  • Own a Home - Owning a house in Oxford may trigger a auto insurance policy discount because maintaining a house is proof that your finances are in order.
  • Military Discounts - Having a deployed family member could be rewarded with lower premiums.

A little note about advertised discounts, most credits do not apply to your bottom line cost. A few only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, you won't be that lucky.

To choose companies with discount auto insurance rates in Maryland, follow this link.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Consumers in Maryland can't ignore all the ads for car insurance savings from companies such as Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing about savings if you change your policy.

But how can every company claim to save you money?

All companies have a preferred profile for the right customer that makes them money. For example, a desirable insured might be over the age of 50, has no prior claims, and has excellent credit. A customer getting a price quote who fits that profile receives the best rates and as a result will probably save a lot of money.

Potential customers who are not a match for this ideal profile will have to pay a higher premium which usually ends up with the customer not buying. Company advertisements say "customers that switch" not "everybody who quotes" save that kind of money. This is how companies can truthfully make those claims. Because of the profiling, you should get quotes from several different companies. It's impossible to know which insurance companies will have the lowest rates.

Tailor your coverage to you

When buying the right insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone's situation is a little different and a cookie cutter policy won't apply. For instance, these questions can help discover whether you may require specific advice.

  • Do I pay less if my vehicle is kept in my garage?
  • What happens if I owe more than my vehicle is worth?
  • Do I really need UM/UIM coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered when pulling a rental trailer?
  • Am I covered when driving in Canada or Mexico?

If you don't know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Even more information can be found at the Maryland Insurance Administration website. Visitors are able to read enforcement actions against agents and companies, file complaints about an insurance agent or broker, discover disciplinary actions, and read consumer alerts.

Other informative sites include this Car Insurance FAQ and this page of insurance agents in Oxford.

Maryland auto insurance quotes

Best coverage at the best price

While you're price shopping online, do not buy poor coverage just to save money. There are many occasions where consumers will sacrifice physical damage coverage only to discover later they didn't purchase enough coverage. Your aim should be to buy enough coverage at a price you can afford.

Cheaper auto insurance is attainable both online in addition to many Oxford insurance agents, and you should be comparing both to have the best rate selection. Some companies do not provide online price quotes and most of the time these regional insurance providers sell through independent agents.