We don’t have to point out that fact that auto insurance companies don’t want policyholders to compare prices from other companies. Consumers who compare rates annually are likely to move their business because they have a good chance of finding a lower-priced policy. Surprisingly, a recent survey revealed that people who regularly shopped around saved an average of $860 a year compared to people who never shopped around for cheaper prices.
If finding low prices for insurance is why you’re here, learning how to quote prices and compare insurance can help make the process easier.
The best way we recommend to get the cheapest Chevy Aveo insurance in Baltimore is to make a habit of comparing prices annually from insurance carriers who provide auto insurance in Maryland.
- Spend some time learning about how your policy works and the measures you can control to prevent expensive coverage. Many policy risk factors that drive up the price such as traffic citations, accidents, and an unacceptable credit history can be improved by being financially responsible and driving safely.
- Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like Progressive and State Farm, while independent agencies can give you price quotes from many different companies.
- Compare the new rate quotes to your existing policy and determine if there is any savings. If you find a better price and make a switch, make sure coverage does not lapse between policies.
One thing to remember is to try to use the same physical damage deductibles and liability limits on every price quote and and to analyze all possible companies. Doing this provides a fair price comparison and the best price selection.
If you have a policy now or are looking for a new policy, take advantage of these tips to reduce premiums without having to cut coverage. Finding the best coverage in Baltimore is actually quite simple. Drivers just have to learn the least time-consuming way to compare rates online.
Affordable companies for Chevy Aveo insurance in Maryland
The companies in the list below are ready to provide quotes in Baltimore, MD. If your goal is to find the cheapest car insurance in Baltimore, it’s a good idea that you visit as many as you can to find the lowest car insurance rates.
Rates and statistics
The coverage information displayed below highlights detailed analysis of insurance prices for Chevy Aveo models. Having knowledge of how policy rates are determined is important to be able to make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $270 | $618 | $382 | $22 | $114 | $1,406 | $117 |
| Aveo LS 4-Dr Sedan | $270 | $618 | $382 | $22 | $114 | $1,406 | $117 |
| Aveo LT 4-Dr Hatchback | $304 | $618 | $382 | $22 | $114 | $1,440 | $120 |
| Aveo LT 4-Dr Sedan | $304 | $618 | $382 | $22 | $114 | $1,440 | $120 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Rate information does not factor in zip code location which can decrease or increase prices noticeably.
Analysis of deductible levels
One frequently asked question is which comprehensive and collision deductibles to buy. The comparisons below outline how much more you’ll pay when you buy lower versus higher physical damage coverage deductibles. The first data set uses a $250 deductible for comp and collision and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $314 | $624 | $406 | $24 | $122 | $1,515 | $126 |
| Aveo LS 4-Dr Sedan | $314 | $624 | $406 | $24 | $122 | $1,515 | $126 |
| Aveo LT 4-Dr Hatchback | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
| Aveo LT 4-Dr Sedan | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $256 | $502 | $406 | $24 | $122 | $1,310 | $109 |
| Aveo LS 4-Dr Sedan | $256 | $502 | $406 | $24 | $122 | $1,310 | $109 |
| Aveo LT 4-Dr Hatchback | $288 | $502 | $406 | $24 | $122 | $1,342 | $112 |
| Aveo LT 4-Dr Sedan | $288 | $502 | $406 | $24 | $122 | $1,342 | $112 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Rate quotes do not factor in Baltimore location which can raise or lower rates substantially.
Based on the data above, we can derive that using a $250 deductible costs about $17 more each month or $204 every year than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to go at least 15 months between claim filings, you would most likely save money if you opt for a higher deductible.
The information below illustrates how choosing a deductible and can raise or lower Chevy Aveo insurance costs for different ages of insureds. The data is based on a married female driver, full coverage, and no additional discounts are factored in.
Comparison of full coverage and liability-only policies
The information below compares Chevy Aveo insurance premiums with full coverage compared to only the Maryland minimum liability coverage. The premiums assume no claims, a clean driving record, $100 deductibles, drivers are not married, and no additional discounts are factored in.
When to stop paying for full coverage
There is no written rule to drop full coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then you may need to consider dropping full coverage.
For example, let’s assume your Chevy Aveo book value is $6,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $5,000 after the deductible is paid. If you are currently paying more than $500 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
There are some situations where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should keep full coverage in place.
Affordable Baltimore insurance quotes with discounts
Auto insurance companies do not advertise every available discount in an easy-to-find place, so we researched a few of the more well known in addition to some of the lesser obvious discounts you could be receiving when you buy Baltimore car insurance online.
- Theft Deterrent – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and will qualify for a discount on a Baltimore car insurance quote.
- Discounts for New Vehicles – Putting insurance on a new Aveo can save you some money because newer models have to meet stringent safety requirements.
- Good Student Discount – This discount can get you a discount of up to 25%. You can use this discount normally until age 25.
- Membership in Organizations – Participating in a civic or occupational organization in Baltimore could earn you a nice discount on your next renewal.
- Renewal Discounts – Select insurance companies give a discount for switching companies early. You could save around 10% when you buy Baltimore car insurance online.
- Government Employee Discount – Active or retired federal employment can earn a discount up to 10% with certain companies.
It’s important to understand that some credits don’t apply to the whole policy. A few only apply to individual premiums such as collision or personal injury protection. Despite the fact that it seems like you could get a free insurance policy, that’s just not realistic. But any discount should help reduce your overall premium however.
The example below visualizes the comparison of Chevy Aveo insurance premiums with and without discounts. The price estimates are based on a female driver, no accidents or driving violations, Maryland state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-car, homeowner, multi-policy, and safe-driver discounts applied.
A few of the larger companies and a selection of discounts are included below.
- Esurance has discounts for online quote, good driver, homeowner, multi-car, paid-in-full, and Pac-12 alumni.
- The Hartford may have discounts that include air bag, defensive driver, vehicle fuel type, good student, and driver training.
- AAA discounts include good student, good driver, pay-in-full, multi-car, education and occupation, anti-theft, and AAA membership discount.
- GEICO offers premium reductions for anti-theft, daytime running lights, military active duty, defensive driver, driver training, five-year accident-free, and multi-vehicle.
- State Farm includes discounts for anti-theft, good driver, Drive Safe & Save, Steer Clear safe driver discount, and good student.
If you are trying to find affordable Chevrolet Aveo insurance quotes, ask all companies you are considering to give you their best rates. Some discounts listed above may not apply to policyholders in your state. For a list of insurance companies who offer cheap Chevy Aveo insurance quotes in Maryland, click here.
Buying from insurance agencies
Some people would rather talk to an insurance agent and doing that can be a smart decision Experienced insurance agents are highly skilled in risk management and help you file claims. One of the best bonuses of getting free rate quotes online is the fact that you can find cheap rate quotes but also keep your business local.
By using this quick form, the quote information is immediately sent to agents in your area who will return price quotes and help you find cheaper coverage. There is no need to search for an agent because quoted prices will be sent directly to you. If for some reason you want to get a rate quote for a specific company, you just need to find their quoting web page and fill out their quote form.
Choosing an insurance company is decision based upon more than just the bottom line cost. Agents should be asked these questions:
- Are they properly licensed to sell insurance in Maryland?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Do they have any clout with companies to ensure a fair claim settlement?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Do you qualify for any additional discounts?
- What is their Better Business Bureau rating?
If you prefer to buy insurance from a reliable agent, there are a couple of types of insurance agents and how they operate. Agents in Baltimore are classified as either independent or exclusive. Either type can sell affordable insurance policies, but it is a good idea to know the differences because it can influence buying decisions.
Exclusive Insurance Agencies
Exclusive agents write business for a single company such as Allstate, State Farm and Farmers Insurance. Exclusive agents cannot place coverage with different providers so they have to upsell other benefits. Exclusive agents are highly trained in insurance sales which helps them compete with independent agents. Many people buy from exclusive agents partially due to loyalty to the company and solid financial strength.
Shown below is a short list of exclusive insurance agents in Baltimore who can help you get price quotes.
- Allstate Insurance: Bennett-Carll Insurance Agency
7435 Baltimore Annapolis Blvd – Glen Burnie, MD 21061 – (410) 760-6651 – View Map - Mindy Andreychek – State Farm Insurance Agent
8502 Harford Rd Ste B – Baltimore, MD 21234 – (410) 668-7600 – View Map - Natasha Parker – State Farm Insurance Agent
617 Stemmers Run Rd, Ste AA – Baltimore, MD 21221 – (410) 238-0071 – View Map
Independent Agents (or Brokers)
Independent agents are appointed with more than one company and that gives them the ability to insure amongst many companies and find the cheapest insurance rates. If prices rise, your agent can just switch to a different company which makes it simple for you. When searching for an agent, it’s recommended you contact several independent insurance agents so that you have a good selection of quotes to compare. Most also write with companies that do not advertise much that may have much lower rates than larger companies.
Shown below is a list of independent agents in Baltimore that are able to give comparison quotes.
- Nationwide Insurance: Luray and Associates Inc
1726 Reisterstown Rd #220 – Baltimore, MD 21208 – (410) 602-2636 – View Map - Morgan Smith Insurance Agency
847 W 36th St – Baltimore, MD 21211 – (410) 889-9290 – View Map - Ugele Insurance
408 E 25th St – Baltimore, MD 21218 – (410) 366-6566 – View Map
Smart shoppers get results
While you’re price shopping online, never sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced liability coverage limits only to regret at claim time they didn’t purchase enough coverage. The aim is to purchase a proper amount of coverage at the best possible price but still have enough coverage for asset protection.
We just covered some good ideas how to find affordable Chevy Aveo insurance in Baltimore. The key thing to remember is the more you quote Baltimore car insurance, the better your chances of lowering your prices. You may even be surprised to find that the lowest premium rates come from an unexpected company.
People switch companies for any number of reasons including not issuing a premium refund, questionable increases in premium, high prices or even delays in responding to claim requests. Regardless of your reason for switching companies, finding a great new company is actually quite simple.
More information
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Who Has Affordable Auto Insurance Rates for Drivers Over Age 50 in Baltimore? (FAQ)
- What is the Cheapest Auto Insurance in Baltimore, Maryland? (FAQ)
- Who Has the Cheapest Auto Insurance for Postal Workers in Baltimore? (FAQ)
- Who Has Cheap Car Insurance for Welfare Recipients in Baltimore? (FAQ)
- What Car Insurance is Cheapest for High School Students in Baltimore? (FAQ)
- Young Drivers: The High Risk Years Video (iihs.org)
- Uninsured Motorist Statistics (Insurance Information Institute)