The words “low-priced” and “insurance” really shouldn’t be used together, specifically when you are searching for the best car insurance for welfare recipients. Because it’s so expensive, let’s start off by going over some situations that impact car insurance premiums, and come up with some ways to reduce the cost of the next policy you buy.
One of the more important considerations that aid in calculating the price you pay for insurance is where you choose to live in Baltimore. Cities with larger populations likely pay more, whereas areas with fewer weather claims and lower vehicle theft rates have the enjoyment of a little cheaper coverage.
The table below rates the most expensive cities in Maryland for welfare recipients to purchase auto insurance in. Baltimore is listed at #1 with an annual cost of $1,760 for the average insured, which is about $147 monthly.
|Rank||City||Average Per Year|
|23||Bel Air South||$1,174|
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Rate information is comparative as the specific zip code location can decrease or increase coverage rates significantly.
The car, truck, or SUV that is being insured is one of the largest factors in finding the best insurance for welfare recipients. Vehicles with reasonable performance levels, a great safety record, or a positive history of liability claims will cost quite a bit less to insure than adrenaline junky models. The next table illustrates coverage prices for some of the cheapest automobiles to buy coverage for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 2WD||$2,292|
|Ford F-150 XL Crew Cab 2WD||$2,567|
|Honda Accord EX 4-Dr Sedan||$2,625|
|Volkswagen Jetta SE 2.5 Station Wagon||$2,680|
|Ford Escape XLT 4WD||$2,683|
|Hyundai Elantra SE 4-Dr Sedan||$2,852|
|Dodge Ram Crew Cab SLT 2WD||$2,962|
|Chevrolet Silverado 2500HD LTZ Crew Cab Diesel 4WD||$3,096|
|Toyota Camry Hybrid||$3,106|
|Toyota RAV4 2WD||$3,109|
|Jeep Grand Cherokee Laredo 4WD||$3,118|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$3,164|
|Ford Explorer Eddie Bauer 4WD||$3,168|
|Honda Civic DX 2-Dr Coupe||$3,182|
|Ford Focus S 4-Dr Sedan||$3,261|
|Honda Odyssey EX W/Rear Entertainment||$3,268|
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Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Information does not factor in specific garaging location which can revise coverage rates greatly.
By looking at the data, you can presume that vehicles like the Honda CR-V, Toyota Prius, Ford F-150, Honda Accord, and Volkswagen Jetta are a few of the most economical vehicles to insure for drivers on welfare.
Locating low-cost auto insurance is tough enough, and figuring out which companies quote the cheapest insurance rates for welfare recipients may require even more work. Each auto insurer has a different formula for determining rates in each state, so to begin we’ll rank the insurance companies with the overall best prices in Baltimore.
We do need to point out that Baltimore insurance rates are calculated based on many things which can substantially change the policy premium. This price variation is why it is so important to do a thorough rate comparison to get the best car insurance quotes for welfare recipients. Insurance rates are determined by many risk factors and can decrease or increase without notice, so the most economical company three years ago may now be costing you a lot of money.
Cheap Insurance Rates in Maryland
USAA may offer some of the best car insurance rates in Baltimore at around $948 a year. This is $611 less than the average policy premium paid by Maryland drivers of $1,559. Liberty Mutual, Penn National, Erie, and State Auto also qualify as some of the cheaper Baltimore, MD insurance companies.
As shown above, if you currently buy coverage from Liberty Mutual and switched to USAA, you could see a yearly savings of upwards of $133. Maryland drivers with Penn National could save as much as $145 a year, and Erie insureds might reduce rates by $167 a year.
To see if your current coverage is too expensive, click here or feel free to get quotes from the companies below.
Understand that those policy rates are averaged for all ages of drivers and types of vehicles and do not factor in a specific vehicle garaging location for welfare recipients. So the car insurance company that is best for you may not even be in the list above. That helps illustrate why you need to compare as many prices as possible using your own driver information and specific vehicle type.
Comparison of full coverage and liability-only policies
Paying less for insurance is the goal of most drivers, and one good way to pay lower rates for insurance for welfare recipients is to not insure for full coverage. The illustration below visualizes the comparison of insurance prices with full physical damage coverage compared to only buying liability only. Data assumes no violations or accidents, $1,000 deductibles, drivers are not married, and no discounts are factored in.
As an overall average, full coverage on your policy costs $1,842 per year over and above liability coverage. Many people question if it’s a good idea to buy full coverage. There is no written rule to exclude full coverage on your policy, but there is a general convention. If the annual cost of having full coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
Picking the top insurer is hard considering how many companies are available to choose from in Baltimore. The ranking data shown next may help you choose which auto insurers you want to consider comparing price quotes from.
These ratings are only made up of companies with a national presence, so companies that focus mainly on Maryland business are not taken into consideration for these rankings. If you would like to check rates and find the cheapest rates for welfare recipients, simply click here.
Top 10 Major Car Insurance Companies in Baltimore Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
- The Hartford – 87%
Top 10 Major Car Insurance Companies in Baltimore Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Impact of careless driving on insurance rates
The common sense way to get the cheapest insurance rates for drivers on welfare is to drive carefully and not get tickets or have accidents. The chart below illustrates how violations and accident claims can increase insurance premiums for different ages of insureds. The premiums are based on a single female driver, comp and collision included, $250 deductibles, and no other discounts are factored in.
In the example above, the average cost of a car insurance policy in Baltimore per year with no accidents and a clean driving record is $2,023. Factor in one speeding ticket and the average cost surges to $2,293, an increase of $270 each year. Then throw in one accident along with the one speeding ticket and the yearly cost of insurance for welfare recipients jumps again to an average of $3,046. That’s an increase of $1,023, or $85 per month, just for being a less-than-perfect driver!