Want to save money and find lower-priced Mazda 2 insurance in Baltimore? Are you regretting the purchase of an underperforming, overpriced car insurance policy? Trust us when we tell you there are lots of Baltimore residents who feel the same.
Astonishing but true, about 70% of customers kept their policy with the same company for well over three years, and virtually 40% of consumers have never even shopped around for lower-cost coverage. Maryland consumers could save almost $800 each year, but they don't believe the amount of money they would save if they bought a different policy. You have so many insurers to purchase coverage from, and although it's nice to be able to choose, it can be more challenging to find the lowest rates for Mazda 2 insurance in Baltimore.
You should take the time to compare rates periodically because insurance prices trend upward over time. Just because you had the lowest rates on Mazda 2 insurance in Baltimore at your last renewal a different company probably has better premium rates today. Block out anything you think you know about car insurance because we're going to demonstrate the best way to find better coverage on Mazda 2 insurance in Baltimore at a better price.
The car insurance companies shown below can provide free quotes in Baltimore, MD. If multiple companies are listed, we recommend you compare several of them in order to find the lowest rates.
Car insurance is not optional but you don't have to overpay
Despite the high cost of buying insurance for a Mazda 2 in Baltimore, maintaining insurance is most likely required but also gives you several important benefits.
First, almost all states have mandatory liability insurance requirements which means you are required to buy a specific level of liability if you drive a vehicle. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you took out a loan on your 2, it's most likely the lender will force you to have comprehensive coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the lender may insure your Mazda at a much higher rate and make you pay a much higher amount than you were paying before.
Third, car insurance preserves your Mazda and your assets. It will also provide coverage for hospital and medical expenses for yourself as well as anyone injured by you. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if anyone sues you for causing an accident. If damage is caused by hail or an accident, your car insurance policy will pay to restore your vehicle to like-new condition.
The benefits of buying car insurance more than offset the price you pay, especially for larger claims. But the average American driver is currently overpaying as much as $869 every year so it's very important to do a rate comparison at least once a year to help ensure money is not being wasted.
Score discounts to get cheaper Baltimore auto insurance rates
Companies that sell car insurance don't always list every possible discount in a way that's easy to find, so the following is a list of a few of the more well known and the harder-to-find credits available to bring down your rates.
- Anti-theft Discount - Cars that have factory anti-theft systems help deter theft and will qualify for a discount on a Baltimore auto insurance quote.
- Include Life Insurance and Save - Not all insurance carriers offer life insurance, but some may give you lower rates if you buy life insurance from them.
- Service Members Pay Less - Being deployed with a military unit may qualify for rate reductions.
- Passive Restraint Discount - Options like air bags or automatic seat belts may qualify for discounts up to 30%.
- One Accident Forgiven - Not really a discount, but some insurance companies may permit one accident before hitting you with a surcharge if you are claim-free for a specific time period.
Discounts lower rates, but most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as liability and collision coverage. So when the math indicates all the discounts add up to a free policy, nobody gets a free ride. But any discount will definitely reduce the cost of coverage.
To see insurance companies offering auto insurance discounts in Baltimore, click here to view.
Compare rate quotes but buy from a local Baltimore insurance agency
Some people just prefer to have an agent's advice and that is recommended in a lot of cases Professional agents are trained risk managers and help in the event of a claim. The best thing about getting online price quotes is the fact that drivers can get the best rates and still have a local agent. And buying from local insurance agencies is definitely important in Baltimore.
By using this simple form, your information is immediately sent to agents in your area that can give you free Baltimore auto insurance quotes for your business. There is no reason to contact any agents since rate quotes are delivered to your email. If for some reason you want to get a price quote from one company in particular, you can always search and find their rate quote page and fill out the quote form the provide.
Different types of car insurance agents in Baltimore
When searching for a reputable agency, you should know the different agency structures and how they work. Insurance agencies in Baltimore can be classified as either exclusive or independent. Either can sell affordable car insurance policies, but it's important to point out the difference in the companies they write for since it can affect your selection of an agent.
Independent Car Insurance Agents
Independent insurance agents are normally appointed by many insurers so they can write business with multiple insurance companies and find the cheapest rate. To transfer your coverage to a different company, they simply move your policy to a different company and you don't have to switch agencies. If you are comparing rate quotes, you need to compare quotes from multiple independent agents to maximize your price options.
The following is a short list of independent insurance agents in Baltimore that may be able to give free car insurance rate quotes.
Exclusive Car Insurance Agents
Agents that elect to be exclusive generally can only insure with one company and examples are State Farm, Allstate, or Farmers Insurance. Exclusive agents are unable to provide rate quotes from other companies so it's a take it or leave it situation. Exclusive agents are trained well on what they offer which helps overcome the inability to quote other rates.
Listed below is a list of exclusive insurance agents in Baltimore that are able to give comparison quotes.
Selecting an auto insurance agent requires you to look at more than just the quoted price. Any agent in Baltimore should be willing to answer these questions.
- What are their preferred companies if they are an independent agency?
- Do they get extra compensation for selling add-on coverages?
- What is their Better Business Bureau rating?
- Are aftermarket or OEM parts used to repair vehicles?
- Do they reduce claim amounts on high mileage vehicles?
- How many years have they been established?
The best insurance company isn't always the cheapest
While you're price shopping online, it's not a good idea to buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed full coverage only to find out they didn't purchase enough coverage. Your goal should be to buy a smart amount of coverage at a price you can afford.
In this article, we covered many tips how you can get a better price on Mazda 2 insurance in Baltimore. The most important thing to understand is the more quotes you get, the better likelihood of getting cheaper Baltimore auto insurance quotes. Consumers may even find the lowest priced insurance comes from an unexpected company. These companies may have significantly lower premium rates on certain market segments than their larger competitors like Progressive or GEICO.