Free Guide to Paying Less for Parkville Car Insurance Online

Tired of robbing Peter to pay Paul each month for car insurance? You're in the same situation as most other car owners in Maryland.

Having so many different company options, it can be hard to find the lowest price insurance company.

It's important to take a look at other company's rates once or twice a year due to the fact that insurance rates are constantly changing. If you had the best price last year you can probably find a better price now. Ignore everything you know about car insurance because you're about to learn one of the easiest ways to lower your rates without sacrificing coverage.

Finding affordable coverage in Parkville is quite easy. If you have car insurance now, you will be able to lower your premiums substantially using this information. Nevertheless, Maryland consumers do need to know how companies determine prices and apply this information to your search.

Parkville Rates are Influenced by These Factors

Consumers need to have an understanding of the factors that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively determines base rates enables informed choices that can help you get lower car insurance prices.

The list below includes a few of the "ingredients" car insurance companies consider when setting your rates.

Multiple policies with one company can save - The majority of insurance companies give discounts to insureds who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, you still need to comparison shop to ensure the best deal. Consumers may find better rates by buying car insurance from a different company.
An active claims history can cost you - If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies in Maryland generally give discounts to policyholders who are claim-free. Auto insurance is intended for major claims that would cause financial hardship.
Car features impact rates - Driving a car with an alarm system can help lower your rates. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
With age comes lower rates - Youthful drivers in Maryland tend to be less responsible in a vehicle so car insurance rates are higher. Mature drivers tend to be more responsible, tend to file fewer claims and are safer drivers.
Low deductibles can be expensive - Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your car from damage. Some instances where coverage would apply would be a windshield shattered by a rock, damage caused by hail, or theft. The deductibles are the amount of money you are required to spend out-of-pocket in the event of a claim. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance.
Rates may be lower depending on your job - Occupations like lawyers, social workers and stock brokers tend to have the highest rates because of job stress and lengthy work days. On the other hand, occupations like farmers, students and the unemployed receive lower rates.
Add-on coverages can add up - There are a lot of extra bells and whistles you can purchase when buying car insurance. Things like vanishing deductibles, better glass coverage and term life insurance are some examples. They may seem good when you first buy your policy, but if they're wasting money remove them from your policy.

Policy discounts you shouldn't miss

Companies offering auto insurance do not list every available discount very well, so we took the time to find both the well known as well as the least known discounts you could be receiving.

Anti-theft Discount - Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
Driver's Ed - Cut your cost by having your teen driver take driver's ed class in high school.
Service Members Pay Less - Being deployed with a military unit can result in better rates.
Anti-lock Brakes - Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
Resident Student - Youth drivers who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.
Homeowners Pay Less - Being a homeowner can save you money because of the fact that having a home is proof that your finances are in order.
Defensive Driving Course - Completing a defensive driving course could save 5% or more if your company offers it.

It's important to understand that some credits don't apply to the entire cost. Most only apply to individual premiums such as comprehensive or collision. Even though it may seem like it's possible to get free car insurance, it doesn't quite work that way.

To choose providers with the best car insurance discounts in Maryland, click here.

Save $429 a year? Really?

Companies like Allstate and Progressive regularly use television and radio advertisements. All the ads have a common claim of big savings if you move to their company. But how can every company claim to save you money?

All companies can use profiling for the driver that makes them money. For example, a preferred risk might be between 25 and 40, has no tickets, and drives newer vehicles. Any driver that hits that "sweet spot" is entitled to the best price and is almost guaranteed to save a lot of money.

Consumers who don't qualify for this ideal profile will be charged higher rates and this can result in the customer not buying. The ads state "customers that switch" but not "drivers who get quotes" save that much. That's why insurance companies can confidently claim big savings. That is why you should get a wide range of price quotes. You cannot predict the company that will give you the biggest savings.

More tips and info about car insurance can be found at the Maryland Insurance Administration website. Visitors are able to read consumer alerts, download brochures, view a list of available companies, and read enforcement actions against agents and companies.

Other informative sites include BankRate.com's Car Insurance: When not to Skimp and this Parkville agent directory.

Final considerations

When trying to cut insurance costs, do not buy poor coverage just to save money. Too many times, an insured dropped physical damage coverage only to regret at claim time that it was a big mistake. The aim is to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.

Low-cost car insurance is possible both online and also from your neighborhood Parkville agents, so you should compare both to get a complete price analysis. A few companies may not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.