Things You Must Know Before Purchasing Taneytown, MD Car Insurance Online

Overwhelmed by the number of car insurance company choices in Taneytown? Many other consumers are too. Consumers have so many companies to choose from that it can turn into a challenge to find better rates.

Consumers should take time to compare prices every six months because rates go up and down regularly. Even if you think you had the best price last year you can probably find a better price now. Starting now, forget all the misinformation about car insurance because you’re going to get a crash course in the fastest way to save money, get proper coverage and the best rates.

If you currently have car insurance, you will be able to lower your premiums substantially using these tips. This article will familiarize you with how car insurance quotes work. Although Maryland consumers benefit from understanding the way insurance companies price online insurance and use this information to your advantage.

You probably qualify for some discounts

Insurance can cost an arm and a leg, but you can get discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time of quoting, but a few must be manually applied before you get the savings.

  • Organization Discounts – Affiliation with a qualifying organization could qualify you for a break when shopping for car insurance.
  • Paperwork-free – Some insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
  • Life Insurance Discount – Larger companies have a break if you buy auto and life insurance together.
  • Resident Student – Any of your kids who attend school more than 100 miles from home and do not have a car can receive lower rates.
  • Multi-policy Discount – When you combine your home and auto insurance with one insurance company you could get a discount of approximately 10% to 15%.
  • 55 and Retired – Older drivers may receive reduced rates.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Military Rewards – Being on active duty in the military could mean lower rates.
  • Defensive Driver – Taking a defensive driving course could save 5% or more if your company offers it.
  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off with a few car insurance companies.

Drivers should understand that some of the credits will not apply the the whole policy. The majority will only reduce specific coverage prices like comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, you won’t be that lucky. Any amount of discount will cut the amount you have to pay.

To choose insurers with the best car insurance discounts in Taneytown, click this link.

Good Decisions Result in Lower Rates

Consumers need to have an understanding of the different types of things that come into play when calculating car insurance rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that may reward you with better car insurance rates.

The list below includes some of the factors companies use to determine rates.

  • Do you have a high stress job? – Did you know your car insurance rates can be affected by your occupation? Occupations such as judges, business owners and stock brokers tend to pay the highest rates in part from job stress and long work days. On the other hand, occupations like scientists, students and homemakers have the lowest average rates.
  • Equipment add-ons that lower car insurance rates – Purchasing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft.
  • More people means more accidents – Living in a rural area has it’s advantages when talking about car insurance. Fewer drivers translates into fewer accidents as well as less vandalism and auto theft. Urban drivers have congested traffic and much longer commute distances. More time commuting means higher likelihood of an accident.
  • Traffic violations increase rates – Careful drivers have lower premiums compared to drivers with tickets. Even a single citation can boost insurance rates twenty percent or more. Drivers with flagrant tickets like reckless driving, hit and run or driving under the influence are required to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Always keep insurance in force – Allowing your car insurance policy to lapse is a guaranteed way to pay more for car insurance. Not only will rates go up, but not being able to provide proof of insurance will get you a revoked license or a big fine.
  • Discounts for married couples – Having a spouse can actually save you money on your car insurance policy. Marriage is viewed as being more responsible and statistics show married drivers get in fewer accidents.
  • Bump up deductibles to save – Deductibles for physical damage define the amount you are willing to pay out-of-pocket before your car insurance pays a claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Examples of covered claims are running into the backend of another car, damage from fire, and windstorm damage. The more money you’re willing to pay, the less your car insurance will be.

Car insurance is unique, just like you

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Each situation is insurance image

For example, these questions could help you determine whether you might need an agent’s assistance.

  • What if I don’t agree with a claim settlement offer?
  • When should I remove comp and collision on my vehicle?
  • Am I covered when driving someone else’s vehicle?
  • Does my insurance cover a custom paint job?
  • If my vehicle is totaled, can I afford another vehicle?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Will my rates increase for filing one claim?
  • How high should my uninsured/underinsured coverage be in Maryland?
  • Should I put collision coverage on all my vehicles?
  • When would I need additional glass coverage?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Compare online but buy from a local Taneytown agent

A small number of people would prefer to visit with an insurance agent and that is a personal choice. The biggest benefit of getting online price quotes is the fact that you can find the lowest rates but still work with a licensed agent. And supporting local businesses is important especially in Taneytown.

Once you complete this form (opens in new window), the coverage information is emailed to companies in Taneytown who will battle for your coverage. You won’t need to visit any agencies as quotes are delivered directly to your email. How cool is that?! Get lower rates and a licensed agent to work with.

Choose an insurance agent wisely

When searching for a reliable agent, you need to know there are two types of agencies from which to choose. Insurance agencies in Taneytown are classified as either independent (non-captive) or captive.

Independent Agencies or Brokers

Independent agents are not required to write business for one company but rather can write business with many different companies and potentially find a lower price. If you are not satisfied with one company, the business is moved internally without you having to go to a different agency.

When comparing rates, we recommend you include multiple independent agents for maximum quote selection.Many can place coverage with lesser-known insurance companies who may have lower rates.

Captive Insurance Agents

This type of agents can only write with one company like Allstate, State Farm and Farmers Insurance. They are unable to provide prices from multiple companies so always compare other rates. Captive agencies are usually quite knowledgeable in insurance sales which helps them compete with independent agents. Consumers often purchase coverage from captives primarily because of high brand loyalty and the convenience of having a single billing for all their coverages.

Selecting an auto insurance agent requires more thought than just the premium amount. Here are some questions to ask:

car insurance image

  • Is the agent and/or agency licensed to do business in Maryland?
  • Do clients work directly with the agent or are most inquiries handled by a CSR?
  • What is the agency’s Better Business Bureau rating?
  • Is vehicle mileage a factor when determining depreciation for repairs?
  • How much can you save by raising your physical damage deductibles?

Upon getting positive responses and an acceptable price quote, chances are good that you have found an insurance agent that meets your needs to properly service your car insurance policy.

To learn even more about car insurance

Much more information about car insurance in Maryland can be read on the Maryland Insurance Administration website found here. Visitors are able to view a list of available companies, find out industry alerts, read enforcement actions against agents and companies, and read state legal mandates and laws.

In the end, you save

We’ve covered a lot of tips how to save on car insurance. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the best price on car insurance is with the smaller companies.

When shopping online for car insurance, don’t be tempted to buy less coverage just to save a little money. There are too many instances where an insured cut comprehensive coverage or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Consumers leave their current company for any number of reasons including delays in responding to claim requests, denial of a claim, extreme rates for teen drivers or an unsatisfactory settlement offer. Whatever your reason, switching car insurance companies is not as hard as you think.