It’s a known fact that auto insurance companies want to keep you from comparing rates. People who compare other rates are very likely to buy a new policy because the odds are good of finding lower rate quotes. A recent survey revealed that people who routinely shopped for cheaper coverage saved about $72 a month compared to other drivers who never compared prices.
If saving the most money on car insurance is your intention, then having some knowledge of how to compare insurance rates can make shopping around easier.
The best way to find low-cost prices for Chevy Bolt EV insurance is to compare quotes once a year from different companies in Baltimore. Rate comparisons can be done by completing these steps.
Step 1: Take a little time to learn about the different coverages in a policy and the factors you can control to keep rates low. Many things that cause high rates such as at-fault accidents, speeding tickets, and poor credit rating can be remedied by making minor driving habit or lifestyle changes.
Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from a single company like GEICO or Allstate, while independent agents can provide prices for a wide range of insurance providers.
Step 3: Compare the new quotes to your current policy and determine if there is any savings. If you can save some money and decide to switch, make sure coverage does not lapse between policies.
Step 4: Tell your current agent or company of your decision to cancel your current coverage. Submit the completed application along with a down payment to your new company or agent. Once the paperwork is finalized, place the new proof of insurance certificate in a readily accessible location in your vehicle.
One tip to remember is to make sure you’re comparing similar coverage information on every quote request and and to get prices from every company you can. This provides a level playing field and maximum price selection.
Buying the cheapest auto insurance in Baltimore is actually quite easy if you know where to start. Practically every driver who is required to buy auto insurance will most likely get better rates. But Maryland consumers do need to learn the way companies determine how much to charge because it varies considerably.
How to get Baltimore Chevy Bolt EV insurance rate quotes
When comparing insurance rates, know that having more price comparisons helps locate more affordable rates.
The companies shown below have been selected to offer free quotes in Maryland. If multiple companies are listed, it’s highly recommended you click on several of them to get the most affordable price.
Save money with these discounts on Chevy Bolt EV insurance in Baltimore
Some companies do not list every discount very well, so the list below details both the well known and also the lesser-known auto insurance savings.
- Own a Home – Just being a homeowner may trigger a policy discount on auto insurance because of the fact that having a home shows financial diligence.
- Savings for New Vehicles – Insuring a vehicle that is new can be considerably cheaper compared to insuring an older model.
- Multiple Cars – Buying coverage for all your vehicles on one policy can reduce the rates for all insured vehicles.
- Driver Training Discounts – Taking time to complete a class that teaches driver safety techniques is a good idea and can lower rates and also improve your driving technique.
- Life Insurance Discount – Some insurance carriers give a lower premium rate if you buy some life insurance in addition to your auto policy.
Keep in mind that most credits do not apply to the entire cost. Most only cut individual premiums such as medical payments or collision. Just because you may think it’s possible to get free car insurance, you aren’t that lucky.
Some companies that may include these benefits include:
When getting a coverage quote, ask every prospective company which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policies in your area.
Smart Choices Result in Lower Insurance Premiums
Smart consumers have a good feel for a few of the rating criteria that go into determining your auto insurance rates. If you have some idea of what impacts premium levels, this enables you to make decisions that may result in big savings.
Listed below are some of the things companies use to determine rates.
Teenage drivers pay higher rates – Beginning drivers in Maryland are known to be less responsible when driving and because of this, their auto insurance rates are much higher. Mature drivers are proven to be safer behind the wheel, statistically cause fewer accidents, and get fewer tickets.
Which gender costs less? – The statistics show that females tend to be a little less risky than males. Now that doesn’t mean females are better drivers. Both sexes have auto accidents at a similar rate, but the men cause more damage and cost insurance companies more money. Not only are claims higher, but men get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Teenage male drivers tend to get in the most accidents and therefore have the most expensive auto insurance rates.
Your location is important – Residing in less populated areas may provide you with better prices when it comes to auto insurance. Fewer people means a lower chance of having an accident and a lower car theft rate. Residents of big cities regularly have more road rage incidents and a longer drive to work. More time behind the wheel means more chances of being involved in an auto accident.
Drive a safer car and pay less – Vehicles that have high safety ratings get lower rates. Vehicles built for safety protect occupants better and fewer serious injuries means lower claim amounts which can result in lower premiums.
You might want pay the minor policy claims yourself – 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 give most affordable rates to people that do not abuse their auto insurance. Your car insurance is intended to be relied upon for the large, substantial claims.
Buy as much liability protection as you can afford – A critical coverage on your policy, liability insurance provides coverage if ever you are found to be at fault for causing personal injury or damage in an accident. This coverage provides you with a defense in court which can be incredibly expensive. Liability is cheap when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
Being married can save on auto insurance – Being married can actually save you money compared to being single. Having a significant other usually means you are more responsible and insurance companies like that married couples file fewer claims.
Save money by having multiple policies – The majority of insurers provide a discount to policyholders that buy multiple policies in the form of a multi-policy discount. Discounts can amount to as much as ten percent or more Even with this discount applied, it’s in your best interest to shop around to make sure you are getting the best deal. It’s possible to still save money by buying from different companies
Auto insurance agents near you
Some people would rather sit down and talk to an agent and doing that can be a smart decision One of the benefits of getting online price quotes is that drivers can save money and get lower rates and still buy from a local agent.
Once you complete this simple form, the coverage information is instantly submitted to participating agents in Baltimore who can give free rate quotes for your coverage. It’s much easier because you don’t need to search for any insurance agencies because quoted prices will be sent to your email. Get lower rates without requiring a lot of work. If for some reason you want to get a comparison quote from a specific insurance provider, don’t hesitate to visit that company’s website to submit a rate quote request.
Choosing the best company shouldn’t rely on just a cheap price. The questions below may impact your decision as well.
- Are there any discounts for paying up front?
- Will the quote change when the policy is issued?
- Will they take your side in the event of a claim?
- Is the agent properly licensed in Maryland?
- Do they have a Better Business Bureau rating in Baltimore?
- Will you work with the agent or an assistant?
- What insurance companies do they work with in Baltimore?
- Do they write coverage based solely on cost?
When researching a reliable agent, it’s important to understand the different agency structures and how they can quote your rates. Insurance policy providers can be classified as either exclusive or independent (non-exclusive).
Exclusive Insurance Agents
Agents that elect to be exclusive can only write with one company such as AAA, State Farm, Farmers Insurance, and Allstate. They generally cannot provide other company’s prices so they are skilled at selling on more than just price. They are very knowledgeable on their company’s products which helps them sell on service rather than price. Some insured continue to purchase coverage from exclusives mostly because of the prominent brand name and strong financial ratings.
Below is a short list of exclusive insurance agents in Baltimore who can help you get price quotes.
- Frank Insley – State Farm Insurance Agent
9652 Belair Rd – Baltimore, MD 21236 – (410) 256-5600 – View Map
- Natasha Parker – State Farm Insurance Agent
617 Stemmers Run Rd, Ste AA – Baltimore, MD 21221 – (410) 238-0071 – View Map
- Allstate Insurance Agency: Abernathy Michael
7696 Belair Rd – Baltimore, MD 21236 – (410) 426-5500 – View Map
Independent Agencies or Brokers
Agents that elect to be independent are appointed with more than one company and that gives them the ability to insure with an assortment of companies and get the cheapest rates. If prices rise, they simply move your policy to a different company which is easy for the insured.
When shopping rates, we recommend you compare prices from independent agents in order to have the best price comparison. They often place coverage with additional companies that you may not be familiar with who may have lower rates.
The following is a short list of independent insurance agents in Baltimore that can give you price quote information.
- Nationwide Insurance: Bruce Cohee Agency Inc
502 Baltimore Ave – Towson, MD 21204 – (410) 823-8777 – View Map
- Upper Chesapeake Insurance Agency Inc
900 S Charles St – Baltimore, MD 21230 – (410) 385-0455 – View Map
- Nationwide Insurance: Frank Dippel Agency Inc
6600 York Rd Ste 207 – Baltimore, MD 21212 – (410) 435-4354 – View Map
When to get professional advice
Keep in mind that when it comes to choosing adequate coverage, there is no perfect coverage plan. Each situation is unique.
These are some specific questions can aid in determining whether you could use an agent’s help.
- Can my teen drive my company car?
- Do I benefit by insuring my home with the same company?
- When can I cancel my policy?
- What is UM/UIM insurance?
- Am I covered while delivering pizza?
- Do I need replacement cost coverage on my Chevy Bolt EV?
- Are all vehicle passengers covered by medical payments coverage?
If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form.
Frequent quotes can save
More affordable auto insurance in Baltimore is available on the web and from local agencies, so you need to quote Baltimore car insurance with both to have the best selection. Some companies do not provide online price quotes and most of the time these regional insurance providers provide coverage only through independent agencies.
When trying to cut insurance costs, you should never buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced collision coverage only to discover later that the few dollars in savings costed them thousands. Your strategy should be to find the BEST coverage at an affordable rate while still protecting your assets.
Drivers switch companies for a number of reasons such as an unsatisfactory settlement offer, being labeled a high risk driver, policy cancellation and denial of a claim. Whatever your reason, finding a new company can be pretty painless.
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Who Has Cheap Baltimore Auto Insurance Quotes for High Risk Drivers? (FAQ)
- Who Has Cheap Baltimore Car Insurance Rates for Teenage Females? (FAQ)
- Child Safety Seats (Insurance Information Institute)
- Prom Night Tips for Teen Drivers (State Farm)