Save Money on Ford Fusion Hybrid Insurance in Baltimore

How long has it been since the last time you looked for more competitive Ford Fusion Hybrid insurance in Baltimore? Trying to come up with a payment for expensive car insurance can bottom out your monthly budget and possibly require postponing other expenditures. Comparing rate quotes is an excellent way to reduce premiums and put more money in your pocket.

Unbelievable but true according to a study a large majority of consumers have stayed with the same insurance company for at least four years, and nearly half have never compared car insurance rates at all. Baltimore consumers can cut their rates by nearly $750 a year by just shopping around, but they don’t know the benefits if they changed companies. Due to the fact that there are so many choices for buying cheaper insurance for a Ford Fusion Hybrid in Baltimore, it is hard for the average consumer to find a more affordable company.

Finding and buying the best-priced car insurance coverage in Baltimore is easy if you know what you’re doing. If you’re already insured or just want to save money, you can use these tips to reduce premiums without reducing protection. Smart buyers only need an understanding of how to compare price quotes from multiple carriers.

Cheapest car insurance in Baltimore, MD

The companies in the list below offer free rate quotes in Maryland. If you wish to find the best car insurance in MD, it’s a good idea that you get price quotes from several of them in order to get a fair rate comparison.

Car insurance statistics and figures

The coverage table shown below outlines detailed analysis of rate quotes for Ford Fusion Hybrid models. Having insight into how rate quotes are figured helps drivers make decisions on the best policy coverages.

Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Premium costs do not factor in specific garaging location which can lower or raise premium rates significantly.

Raise deductibles and save

One of the hardest decisions when shopping for car insurance is how high should the physical damage deductibles be. The premium rates below help summarize the rate differences between high and low coverage deductibles. The first price estimate table uses a $250 deductible for comp and collision and the second price grid uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Price estimates do not factor in the specific area where the vehicle is garaged which can lower or raise premiums substantially.

Using the premium rates above, we can conclude that using a $250 deductible costs approximately $19 more each month or $228 every year averaged for all Fusion Hybrid models than buying the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at least 13 months between claims, you would save more money if you opt for a higher deductible.

The illustration below shows how different deductible levels and can raise or lower Ford Fusion Hybrid premium costs for different age categories. The data assumes a married female driver, comprehensive and collision coverage, and no discounts are applied.

Careless driving habits raise car insurance rates

The information below shows how speeding tickets and accidents drive up Ford Fusion Hybrid auto insurance rates for each different age category. Data assumes a married male driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.

Ford Fusion Hybrid insurance rates: Men versus women

The chart below visualizes the comparison of Ford Fusion Hybrid yearly insurance costs for male and female drivers. The rate quotes are based on no claims or driving citations, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are taken into consideration.

Components of Your Ford Fusion Hybrid Insurance Costs

An important part of buying insurance is that you know the different types of things that aid in calculating your premiums. If you have some idea of what impacts premium levels, this enables you to make decisions that can help you get cheaper rates.

Your credit score is important – A driver’s credit rating can be an important factor in determining premium rates. People with high credit scores tend to be more responsible and file fewer claims than drivers who have worse credit. If your credit is lower than you’d like, you could save money insuring your Ford Fusion Hybrid by improving your credit score.

Do you work long hours in a stressful employer? – Did you know your insurance rates can be affected by your occupation? Jobs like doctors, air traffic controllers, and dentists generally pay higher premiums than the average policyholder due to intense work situations and long work days. Conversely, occupations such as actors, students and performers have the lowest average rates.

Combine policies with the same company – Some companies allow lower prices to insureds who consolidate policies with them such as combining an auto and homeowners policy. The amount of the discounts can be ten percent or more. If you currently are using one company, it’s in your best interest to shop around to make sure you are getting the best deal.There is a chance you can save money by buying insurance from more than one company.

Drive less and save – The higher the miles on your Ford annually the more you’ll pay to insure your vehicle. A lot of insurance companies calculate prices determined by how the vehicle is used. Cars and trucks used primarily for pleasure use cost less to insure than vehicles that are driven to work every day. It’s a smart idea to ensure your declarations sheet is rated on the proper vehicle usage. An incorrectly rated Fusion Hybrid is just wasting money.

Low physical damage deductibles cost more – Comprehensive and collision coverage deductibles are how much you are required to pay in the event of a claim. Protection for physical damage, also called comprehensive and collision insurance, insures against damage to your car. Examples of covered claims could be rear-ending another vehicle, vandalism, and damage from wind. The higher the amount you have to pay, the lower your rates will be.

Insurance loss data for a Ford Fusion Hybrid – Companies factor in historical loss data to calculate a rate that will offset any claims. Vehicles that historically have higher prevalence or dollar amount of losses will have increased rates.

The table shown below demonstrates the historical insurance loss data for Ford Fusion Hybrid vehicles. For each policy coverage type, the claim amount for all vehicles, regardless of make, model or trim level, is equal to 100. Numbers below 100 imply a favorable loss record, while numbers above 100 point to more losses or an increased likelihood of larger losses.

Cheaper Baltimore auto insurance rates with discounts

Car insurance companies don’t always advertise the entire discount list very well, so we break down a few of the more common and also the lesser-known ways to save on auto insurance.

• Telematics Data Discounts – Drivers who elect to allow driving data collection to scrutinize their driving habits through the use of a telematics system such as State Farm’s In-Drive could save a few bucks as long as they are good drivers.
• Discounts for Responsible Drivers – Insureds who avoid accidents may save up to 50% more as compared to drivers with claims.
• Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.
• Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you could save up to 5%.
• Auto/Life Discount – Some insurance carriers give a lower price if you buy life insurance from them.
• Discount for Multiple Policies – If you can combine your home and auto policy with one insurance company you could get a discount of up to 20% off your total Fusion Hybrid insurance premium.

A little disclaimer on discounts, most discounts do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like medical payments or collision. Even though it appears you could get a free auto insurance policy, company stockholders wouldn’t be very happy.

The example below illustrates the difference between Ford Fusion Hybrid premium costs with and without discounts applied to the policy premium. Data assumes a female driver, no driving violations, no at-fault accidents, Maryland state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, safe-driver, multi-policy, claim-free, and multi-car discounts applied.

A few popular companies and the discounts they provide are included below.

• State Farm policyholders can earn discounts including good driver, Drive Safe & Save, multiple autos, good student, driver’s education, and accident-free.
• Farmers Insurance may have discounts that include pay in full, alternative fuel, multi-car, bundle discounts, and business and professional.
• Progressive offers premium reductions for homeowner, multi-policy, good student, continuous coverage, and multi-vehicle.
• GEICO offers discounts for driver training, air bags, five-year accident-free, daytime running lights, anti-theft, and multi-vehicle.
• Auto-Owners Insurance may include discounts for company car, teen driver, student away at school, good student, and safe driver.
• The Hartford includes discounts for air bag, bundle, vehicle fuel type, driver training, good student, defensive driver, and anti-theft.
• Farm Bureau may offer discounts for youthful driver, multi-vehicle, renewal discount, driver training, safe driver, multi-policy, and good student.
• USAA has savings for driver training, safe driver, multi-vehicle, annual mileage, and family discount.

When getting a coverage quote, ask every company to give you their best rates. Savings may not apply to policies in Baltimore. For a list of companies with the best discounts in Baltimore, click this link.

Buying auto insurance from Baltimore car insurance agents

Certain consumers would rather go talk to an agent and that is not a bad decision Insurance agents will help you protect your assets and help in the event of a claim. The biggest benefit of price shopping on the web is that you can obtain cheaper prices and still buy from a local agent. Buying insurance from local agents is important especially in Baltimore.

To find an agent, once you fill out this simple form, your insurance coverage information is immediately sent to participating agents in Baltimore that can give you free Baltimore car insurance quotes for your auto insurance coverage. You won’t even need to contact any insurance agencies because quoted prices will be sent immediately to you. In the event you want to get a comparison quote from one company in particular, you would need to navigate to their website and complete a quote there.

If you are wanting to purchase auto insurance from a reliable agent, it’s helpful to know the types of agencies and how they work. Agents in Baltimore can be classified as either independent agents or exclusive agents depending on their employer. Either one can provide auto insurance policies, but it’s worth mentioning the differences because it can impact your selection of an agent.

Independent Auto Insurance Agencies

These type of agents are not limited to a single company so they can write business amongst many companies and help determine which has the cheapest rates. If they quote lower rates, your agent can switch companies and you stay with the same agent. If you are trying to find cheaper rates, we highly recommend that you compare prices from a few independent agents to have the most options to choose from.

Listed below are independent insurance agencies in Baltimore that may be able to provide free auto insurance rate quotes.

More Baltimore agents

Exclusive Auto Insurance Agents

Agents in the exclusive channel can only quote rates from one company and some examples include State Farm or Allstate. They usually cannot place coverage with different providers so you might not find the best rates. Exclusive agents are usually well trained in insurance sales which helps offset the inability to provide other markets.

Listed below are Baltimore exclusive insurance agencies who can help you get price quotes.

More Baltimore agents

Picking an insurance agent requires more thought than just the bottom line cost. These are valid questions to ask:

• Do they carry Errors and Omissions coverage?
• What company holds the largest book of business for them?
• Does the company use OEM repair parts?
• Do they write coverage based solely on cost?
• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Which members of your family are coverage by the policy?
• How many years have they been established?

Once you have good responses for all questions you ask as well as a affordable price, you have narrowed it down to an insurance agency that can be relied on to insure your vehicles. But remember, you have the power to cancel coverage whenever you choose to so don’t assume that you are obligated to the auto insurance policy for the entire policy term.

Car insurance can get complicated

When it comes to choosing the right insurance coverage for your personal vehicles, there really isn’t a one-size-fits-all type of policy. Your financial needs are unique.

Here are some questions about coverages that may help highlight if you could use an agent’s help.

• Will my rates increase for filing one claim?
• Is my Ford Fusion Hybrid covered if I use it for business?
• Is my nanny covered when driving my vehicle?
• How high should my medical payments coverage be?
• What exactly is covered by my policy?
• Do I have coverage if my license is suspended?
• Is my teen driver covered when they drive my company car?
• At what point should I drop full coverage?
• Should I file a claim if it’s only slightly more than my deductible?
• When should I buy a commercial auto policy?

If you’re not sure about those questions, you might consider talking to an agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and may give you better protection.

More quotes mean more car insurance savings

A few companies do not offer online rate quotes and many times these regional carriers sell through independent agents. Discount Ford Fusion Hybrid insurance can be purchased on the web as well as from independent agents in Baltimore, and you should be comparing both to have the best selection.

In this article, we presented a lot of information how to get a better price on Ford Fusion Hybrid insurance in Baltimore. It’s most important to understand that the more companies you get prices for, the higher your chance of finding affordable Baltimore car insurance quotes. Consumers could even find that the biggest savings come from the least-expected company.

When shopping online for car insurance, it’s a bad idea to reduce needed coverages to save money. There are many occasions where consumers will sacrifice full coverage and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to buy a smart amount of coverage at the best possible price, but do not sacrifice coverage to save money.

Steps to finding cheaper Ford Fusion Hybrid insurance in Baltimore

If you want to save the most money, the best way to find the cheapest price for Ford Fusion Hybrid insurance in Baltimore is to compare prices at least once a year from companies who can sell car insurance in Maryland. Rate comparisons can be done by following these steps.

• Step 1: Get a basic knowledge of how insurance companies determine prices and the things you can control to prevent expensive coverage. Many risk factors that result in higher prices such as tickets, at-fault accidents, and a negative credit history can be rectified by making minor driving habit or lifestyle changes.
• Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like Progressive and State Farm, while independent agencies can quote rates from multiple insurance companies.
• Step 3: Compare the new quotes to your existing policy to see if a cheaper rate is available. If you can save money, ensure coverage does not lapse between policies.
• Step 4: Give proper notification to your current agent or company of your intention to cancel your current auto insurance policy. Submit a completed application and payment to the new company. Don’t forget to place your new certificate of insurance in an easily accessible location.

An important bit of advice to remember is to try to compare identical deductibles and limits on every quote request and and to analyze as many car insurance companies as possible. Doing this helps ensure a fair rate comparison and a thorough price selection.

Other information

• Auto Insurance Basics (Insurance Information Institute)
• Who Has Affordable Auto Insurance for Drivers with Accidents in Baltimore? (FAQ)
• Who Has Cheap Auto Insurance Rates for 18 Year Olds in Baltimore? (FAQ)
• Who Has Cheap Auto Insurance for Good Students in Baltimore? (FAQ)
• Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
• Side Impact Crash Tests (iihs.org)
• Preventing Carjacking and Theft (Insurance Information Institute)
• State Car Insurance Guides (GEICO)