The recommended way to find the cheapest price for auto insurance rates in Baltimore is to compare prices annually from insurance carriers who sell auto insurance in Maryland. Prices can be compared by following these guidelines.
Step 1: Get an understanding of how insurance companies determine prices and the modifications you can make to prevent high rates. Many risk factors that drive up the price like traffic violations and a substandard credit history can be rectified by improving your driving habits or financial responsibility.
Step 2: Obtain price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Allstate, while agents who are independent can give you price quotes for many different companies. View companies
Step 3: Compare the new rates to your existing policy to see if cheaper Sienna coverage is available in Baltimore. If you find a lower rate and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
An important bit of advice to remember is to use the same physical damage deductibles and liability limits on every quote request and and to get quotes from all possible companies. This helps ensure a level playing field and the most accurate and complete price analysis.
It’s safe to assume that auto insurance companies don’t want their policyholders to compare prices. Consumers who get price comparisons will probably buy a new policy because there are good odds of finding a more affordable policy. A study discovered that drivers who compared price quotes annually saved over $865 annually compared to policyholders who never shopped around for cheaper prices.
If finding the most affordable Toyota Sienna insurance is your objective, understanding the best ways to find and compare coverage rates can make the process less intimidating.
Finding and comparing more affordable auto insurance in Baltimore is simple if you know the tricks. Basically, everyone who compares rate quotes for auto insurance should find a lower-cost policy. Although Maryland consumers do need to understand how the larger insurance companies determine premium rates because it can help you find the best coverage.
Just keep in mind that quoting more helps locate a better price. Some insurance companies are not set up to provide online price quotes, so it’s important to also get price quotes from them, too.
The providers in the list below provide free quotes in Baltimore, MD. In order to find the best car insurance in Baltimore, we recommend you click on several of them to get a more complete price comparison.
Toyota Sienna detailed coverage information
The coverage information displayed below showcases different coverage prices for Toyota Sienna models. Having a good understanding how insurance prices are determined is important for you to make smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sienna CE | $338 | $776 | $548 | $32 | $164 | $1,858 | $155 |
| Sienna LE | $388 | $776 | $548 | $32 | $164 | $1,908 | $159 |
| Sienna LE AWD | $388 | $776 | $548 | $32 | $164 | $1,908 | $159 |
| Sienna XLE | $388 | $776 | $548 | $32 | $164 | $1,908 | $159 |
| Sienna XLE AWD | $388 | $914 | $548 | $32 | $164 | $2,046 | $171 |
| Sienna Limited | $438 | $914 | $548 | $32 | $164 | $2,096 | $175 |
| Sienna Limited AWD | $438 | $914 | $548 | $32 | $164 | $2,096 | $175 |
| Get Your Own Custom Quote Go | |||||||
Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Price information does not factor in Baltimore location which can impact price quotes considerably.
Higher deductibles lower rates
When comparing auto insurance rates, the most common question is how high should the physical damage coverage deductibles be. The comparison tables below determine the cost difference when you choose different policy deductibles. The first table uses a $250 deductible and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sienna CE | $274 | $528 | $406 | $24 | $122 | $1,379 | $115 |
| Sienna LE | $314 | $528 | $406 | $24 | $122 | $1,419 | $118 |
| Sienna LE AWD | $314 | $528 | $406 | $24 | $122 | $1,419 | $118 |
| Sienna XLE | $314 | $528 | $406 | $24 | $122 | $1,419 | $118 |
| Sienna XLE AWD | $314 | $624 | $406 | $24 | $122 | $1,515 | $126 |
| Sienna Limited | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
| Sienna Limited AWD | $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 |
|---|---|---|---|---|---|---|---|
| Sienna CE | $222 | $426 | $406 | $24 | $122 | $1,200 | $100 |
| Sienna LE | $256 | $426 | $406 | $24 | $122 | $1,234 | $103 |
| Sienna LE AWD | $256 | $426 | $406 | $24 | $122 | $1,234 | $103 |
| Sienna XLE | $256 | $426 | $406 | $24 | $122 | $1,234 | $103 |
| Sienna XLE AWD | $256 | $502 | $406 | $24 | $122 | $1,310 | $109 |
| Sienna Limited | $288 | $502 | $406 | $24 | $122 | $1,342 | $112 |
| Sienna Limited AWD | $288 | $502 | $406 | $24 | $122 | $1,342 | $112 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Rates do not factor in the specific area where the vehicle is garaged which can change rates significantly.
We can estimate from the data above that using a $250 deductible will cost you roughly $16 more each month or $192 every year across all Toyota Sienna models than quoting the higher $500 deductible. Since you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you usually have at least 16 months between claim filings, you would probably save some money if you choose the higher deductible.
How to determine if a higher deductible is a good idea
| Average monthly premium for $250 deductibles: | $122 |
| Average monthly premium for $500 deductibles (subtract): | – $106 |
| Monthly savings from raising deductible: | $16 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $16 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
One important note is that raising deductibles to get cheaper rates means you pay more out-of-pocket when you do file a claim. That will require enough money put aside in order to pay the deductible for vehicle repair.
How accidents and tickets impact rates
The example below demonstrates how citations and at-fault accidents can affect Toyota Sienna annual premium costs for different age groups. The data is based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.
Toyota Sienna insurance premiums by gender
The diagram below shows the comparison of Toyota Sienna yearly insurance costs for male and female drivers. The costs are based on no violations or accidents, comprehensive and collision coverage, $250 deductibles, single status, and no discounts are applied to the premium.
Full coverage versus liability only rates
The chart below visualizes the comparison of Toyota Sienna car insurance rates when comparing full coverage to liability only. The premiums are based on no accidents or driving violations, $250 deductibles, drivers are single, and no discounts are applied.
When to drop full coverage
There is no definitive formula for phasing out comp and collision coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.
For example, let’s say your Toyota Sienna book value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $7,000 after paying the physical damage deductible. If premiums are more than $700 a year for your policy with full coverage, then it might be time to consider dropping full coverage.
There are some cases where dropping full coverage is not a good plan. If you still have a lienholder on your title, you have to carry full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage.
Three reasons to insure your vehicle
Even though it’s not necessarily cheap to insure a Toyota in Baltimore, insurance is mandatory in Maryland but it also protects more than you think.
- Just about all states have minimum liability requirements which means the state requires a specific minimum amount of liability in order to be legal. 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.
- If you bought your Toyota Sienna with a loan, almost all lenders will have a requirement that you buy full coverage to guarantee their interest in the vehicle. If you default on your policy, the bank or lender will purchase a policy for your Toyota at a significantly higher premium and force you to pay the higher premium.
- Insurance protects not only your vehicle but also your financial assets. It will also reimburse you for most medical and hospital costs incurred in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you cause an accident and are sued. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of carrying adequate insurance outweigh the cost, particularly when you have a large claim. Despite what companies tell you, the average driver overpays more than $865 each year so you should quote rates once a year at a minimum to help ensure money is not being wasted.
Learn How to Lower Your Insurance Rates
When buying auto insurance it’s important to understand a few of the rating criteria that play a part in calculating your policy premiums. If you understand what positively or negatively impacts your premiums, this enables informed choices that can earn you lower premium levels.
The items below are some of the factors used by your company to calculate your rate level.
Save money by having excellent credit – A driver’s credit score can be a huge factor in determining what you pay for auto insurance. Insureds with good credit tend to be more responsible as compared to drivers with lower ratings. So if your credit score can use some improvement, you could save money insuring your Toyota Sienna by improving your credit score.
Lower coverage deductibles cost more – Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers your vehicle from damage. Examples of covered claims could be a dented fender, hitting a deer, and windstorm damage. Comprehensive and collision coverage deductibles define how much you are required to pay before a claim is paid by your company. The higher the amount you have to pay, the less money you will pay for auto insurance.
Long commutes cost more – The more you drive each year the higher the price you pay to insure it. The majority of insurers charge to insure your cars based upon how the vehicle is primarily used. Autos that are left in the garage can be on a lower rate level as compared to vehicles used primarily for driving to work. Incorrect rating for your Sienna can result in significantly higher rates. Verify your auto insurance policy correctly shows the correct usage, because it can save money.
Prevent auto insurance lapses – Letting your insurance expire is a fast way to trigger a rate increase. Not only will rates go up, getting caught without coverage can result in a license revocation or jail time. You may then have to file a SR-22 with the Maryland motor vehicle department.
Insurance losses for a Toyota Sienna – Insurance companies use claims history in order to profitably underwrite each model. Vehicles that the data shows to have higher loss trends will have a higher premium rate.
The table below outlines the insurance loss data used by companies for Toyota Sienna vehicles. For each policy coverage, the claim amount for all vehicles, without regard to make or model, is represented as 100. Numbers below 100 suggest a better than average loss history, while numbers shown that are more than 100 point to more losses or tendency to have higher losses.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Toyota Sienna 2WD | 99 | 88 | 99 | 94 | 98 | 85 |
| Toyota Sienna 4WD | 106 | 94 | 102 | 75 | 65 | 73 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Get discounts to get affordable Baltimore car insurance rates
Not too many consumers would say car insurance is affordable, but there could be available discounts to help offset the cost. Many of these discounts will be applied automatically at the time of quoting, but some need to be manually applied before they will apply. If you check and find you aren’t receiving every discount possible, you’re paying more than you need to.
- Driver’s Ed – Have your child enroll and complete driver’s education as it will make them better drivers and lower rates.
- Accident Free – Insureds with no claims or accidents can save substantially compared to frequent claim filers.
- Save with More Vehicles Insured – Buying coverage for multiple cars or trucks on one policy qualifies for this discount.
- Government Employees – Employees or retirees of the government may qualify for a discount when you quote Baltimore auto insurance but check with your company.
- Discounts for Responsible Drivers – Drivers who avoid accidents could pay up to 40% less than drivers with accident claims.
- Pay Early and Save – By making one initial payment instead of making monthly payments you can avoid monthly service charges.
It’s important to note that some credits don’t apply to the entire cost. The majority will only reduce individual premiums such as liability and collision coverage. Even though it may seem like you can get free auto insurance, nobody gets a free ride.
The diagram below shows the comparison of Toyota Sienna insurance rates with and without discounts applied to the policy premium. The data assumes a female driver, no claims or violations, Maryland state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, safe-driver, homeowner, claim-free, and multi-car discounts applied.
Companies and some of their more popular discounts are:
- AAA has savings for multi-policy, AAA membership discount, pay-in-full, good student, and anti-theft.
- Progressive offers discounts including good student, online quote discount, online signing, multi-policy, multi-vehicle, continuous coverage, and homeowner.
- State Farm includes discounts for Steer Clear safe driver discount, multiple policy, passive restraint, Drive Safe & Save, defensive driving training, and multiple autos.
- Esurance may have discounts that include good driver, homeowner, claim free, Switch & Save, Pac-12 alumni, and defensive driver.
- Nationwide offers discounts for defensive driving, family plan, good student, multi-policy, easy pay, Farm Bureau membership, and anti-theft.
Before purchasing a policy, check with each company or agent which discounts can lower your rates. Some credits might not be available to policyholders in your state. For a list of companies who offer discounts in Baltimore, click here to view.
When in doubt talk to an agent
When it comes to choosing adequate coverage, there is no perfect coverage plan. Your needs are unique to you and your auto insurance should unique, too.
For instance, these questions may help highlight whether you could use an agent’s help.
- How do I file an SR-22 for a DUI in Maryland?
- Am I covered by my spouse’s policy after a separation?
- Should I get collision insurance on every vehicle?
- Why is insurance for a teen driver so high in Baltimore?
- What if I total my Toyota Sienna and owe more than it’s worth?
- What is roadside assistance coverage?
- Is my babysitter covered when using my vehicle?
If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Local Baltimore auto insurance agents
Certain consumers still like to sit down with an agent and often times that is recommended A nice benefit of comparing auto insurance online is you can get better rates and still buy from a local agent. Buying from and supporting neighborhood agents is important particularly in Baltimore.
By using this quick form, the quote information is instantly submitted to local insurance agents who will give competitive quotes for your business. You don’t have to visit any agencies due to the fact that quote results will go directly to your email. Get lower rates without the usual hassles of price shopping. If for some reason you want to get a price quote from a particular provider, don’t hesitate to search and find their rate quote page and fill out their quote form.
When finding a reputable agency, it helps to know the two different agency structures and how they work. Auto insurance agencies can be classified as either independent agents or exclusive agents depending on their employer.
Independent Agents (or Brokers)
Agents in the independent channel can sell policies from many different companies so they can write business with any number of different companies and find you the best rates. If they quote lower rates, they can switch companies in-house which makes it simple for you. When shopping rates, we highly recommend that you contact multiple independent agents to have the most options to choose from. Most also have access to less well-known companies that may provide cheaper auto insurance rates.
The following are independent insurance agents in Baltimore that can possibly get you rate quotes.
- Luray Insurance of Baltimore
1726 Reisterstown Rd #220 – Baltimore, MD 21208 – (410) 602-2636 – View Map - Baltimore Insurance Network
11 E Lexington St – Baltimore, MD 21202 – (443) 869-6424 – View Map - Morgan Smith Insurance Agency
847 W 36th St – Baltimore, MD 21211 – (410) 889-9290 – View Map
Exclusive Insurance Agents
These agents normally can only provide a single company’s rates and examples are State Farm, AAA, and Liberty Mutual. Exclusive agencies are unable to compare other company’s rates so they have no alternatives for high prices. Exclusive insurance agents receive extensive training in insurance sales which can be an advantage. Many people buy from exclusive agents partially due to the prominent brand name rather than having the cheapest rates.
The following is a short list of exclusive agents in Baltimore that can give you rate quotes.
- Anthony Walker Sr. – State Farm Insurance Agent
8641 Loch Raven Blvd #2d – Baltimore, MD 21239 – (410) 663-8888 – View Map - Joe Lawton – State Farm Insurance Agent
9008 Harford Rd – Baltimore, MD 21234 – (410) 665-0243 – View Map - Tom Nash – State Farm Insurance Agent
454 E Fort Ave – Baltimore, MD 21230 – (410) 727-4545 – View Map
Selecting an insurance agent requires you to look at more than just the bottom line cost. The following questions are important to ask.
- Are claims handled at the agent’s location?
- Where would glass claims be handled in Baltimore?
- Can they give you a list of client referrals?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Can they help ensure a fair claim settlement?
- Will the company cover a rental car if your car is getting fixed?
Cover all your bases
In this article, we presented a lot of techniques to lower your Toyota Sienna insurance rates in Baltimore. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. You may even find the best price on auto insurance is with a small local company. Some small companies may only write in your state and offer lower car insurance rates than their larger competitors like Allstate, GEICO and Progressive.
Lower-priced Toyota Sienna insurance in Baltimore can be sourced online and with local Baltimore insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some auto insurance companies may not have the ability to get a quote online and usually these smaller companies provide coverage only through independent agents.
To learn more, feel free to visit the resources below:
- Teen Driving and Texting (State Farm)
- Who Has Cheap Auto Insurance Quotes for Good Drivers in Baltimore? (FAQ)
- Who Has Affordable Baltimore Car Insurance for a GMC Sierra? (FAQ)
- How Much are Baltimore Auto Insurance Quotes for Real Estate Agents? (FAQ)
- How Much are Baltimore Car Insurance Rates for Low Income Drivers? (FAQ)
- How Much are Baltimore Car Insurance Quotes for a Dodge Journey? (FAQ)
- How Much is Baltimore Car Insurance for a Company Car? (FAQ)
- How Much is Auto Insurance for College Graduates in Baltimore? (FAQ)
- How Much are Baltimore Auto Insurance Quotes for Drivers with a DUI? (FAQ)
- Who Has Affordable Auto Insurance for a School Permit in Baltimore? (FAQ)
- Who Has Affordable Car Insurance Quotes for 4×4 Vehicles in Baltimore? (FAQ)
- Avoiding Deer Collisions (Insurance Information Institute)
- What is a Telematics Device? (Allstate)