In Maryland, everyone to get the best rate on car insurance. It’s no wonder since the Old Line State requires liability insurance, uninsured motorist (UM) insurance, as well as personal injury protection (PIP) insurance. Failure to carry at least the minimum insurance required under Maryland state law carries severe penalties, including but not limited to the revocation of your car’s registration plus the confiscation of your car’s license plates. Additional penalties may be imposed by the courts.
Fortunately there are ways for you to keep the cost of your auto insurance under control. Start with your own driving habits. It goes without saying, if you speed or drive intoxicated or under the influence of any illegal substances and you are caught, you can expect your car insurance rates to go sky high and you will have no one to blame but yourself.
If you are under 25 years of age, you may be able to save money on your premiums by staying in school and maintaining at least a “B” grade point average. Students with good grades are sometimes rewarded with a discount on their auto insurance.
Drivers who are 55 years and older may get some relief from high car insurance premiums by passing a driver’s refresher course. Check with your insurance agent to see if your insurance company has such a program.
If you only drive a few miles per week, talk to your agent about a limited use discount. If you primarily use your vehicle only for shopping, doctor visits, and similar local errands, then you may be entitled to considerable savings.
If your vehicle is old or has little or no Kelly Blue Book value, then it may be wise to cancel your collision and comprehensive coverage. Canceling these two types of coverage can save you considerably on your monthly premiums, although you need to be aware of the potential consequences to not having them.
If it makes economic sense, increase your deductible. Your deductible is the amount of money that you will be responsible for any time you have a claim. The higher your deductible, the lower your monthly automobile insurance premiums will be. Again, make sure the deductible you choose is what you can afford in case of an accident.
Now that you have a good idea of some factors that can help lower auto insurance premiums, it’s time for you to get your free quote at the top of this page at AutoInsuranceWorld.net. Finding cheap car insurance in Maryland will require doing your due diligence by price shopping at reputable websites. We only offer auto insurance from trusted companies. The peace of mind we bring you also adds value to your coverage.