You need to protect your car, which is probably one of the most valuable assets you own. This is why you should compare car insurance in baltimore to get the best deal. But how can you decide which company to go with?
Check out the factors that may affect your Baltimore auto insurance rates.
Insurance costs are affected by several factors, such as your driving record and age. Your state of residence and city also play a part.
In addition, there are many ways to save on Baltimore car insurance. You can find some of these discounts easily while others will require a little more work.
The best way to get a discount is to pay less for your policy. Here are some of the most common ways to save money:
Safe Driver Program
Maryland requires insurance providers to offer a 20 percent discount to drivers who do not have any tickets or accidents recorded on their record and hold a license longer than three years. This discount can only be obtained by completing an approved safe driving course.
Telematics
If you have a smartphone, you can sign up for a telematics program that lets insurance companies track your driving habits. It will cost you a fee each month, but the benefits can outweigh it.
Combine your home and auto insurance with the same company
Bundling auto and home insurance with the exact same company can help you save up to 15 percent. It's especially important if you are a renter or student.
Ask about discounts for multiple-car purchases
You can also lower your insurance premium by adding more than one automobile to your policy. You could get a discount for having two or three cars. This can be further enhanced if your vehicles have different makes and models.
Your credit score may affect your rates
Bad credit will cost you more money for insurance. The average Baltimore driver who has excellent credit is able to save up to 14 percent on car insurance when compared with someone with average credit or poor credit.
To find out what your credit score will do to your insurance rates, you should speak to an expert in the field and compare quotes. Once you have a clearer picture of what you can afford, you can then make an informed decision about which company to choose and which coverage options to get.
Baltimore car insurance rates may also be affected greatly by your driving records. People with clean driving records pay less for insurance than those with tickets or violations.
Baltimore rates are also affected by the car you drive. In general sports cars, luxury vehicles and other high-end vehicles are more susceptible to theft and accidents, which could increase your car insurance cost.