Maryland is the hub of action. Being a spot with more than 70 national historic landmarks, Maryland attracts many tourists to flock throughout the year. Hence, the traffic is always heavy around the area. If you live in Maryland, you need to be aware of the laws and regulations drivers have to face.
Like other states in the USA, it is illegal to operate a vehicle without insurance. It is a Thumb Rule where the degree of fines fluctuates by the drivers and the vehicles, respectively. Learn more about Maryland Car Insurance rules and policies to keep your vehicles safe while you are on the road.
Who Has The Cheapest Car Insurance In Maryland?
Going through the reviews of various insurance providers, calculating Maryland Auto Insurance’s cheapest rate becomes easier. The key to getting the best deal is to shop around. No one can deny that price is the key that dramatically affects your decision and depends on various factors such as credit, age, marital status, debt, etc.
The top companies that are providing Auto Insurance involve:
- Erie
- Nationwide
- State Farm
- Progressive
- USAA
- Allstate
- Travelers
- Geico
- Safeco
Depending on your driving and credit history, you can get full coverage at a cheaper rate without much hassle. If other factors like marital status, car accidents, poor credit, tickets, DUI, at-fault crash record, etc., get in your way to find an ideal Auto Insurance policy in Maryland, then don’t worry. You can still come across a policy that fits your budget with minimum coverage. But of course, vehicle owners with a good record in all aspects will certainly get the best offer.
Currently, Erie is the company that offers the cheapest rates of insurance among the ones we tested. We analyzed the rates according to different profiles of the homeowners and drivers. And Erie is the one that can provide up to 42% cheaper rates, and their customer service is also excellent.
How Can I Get Cheaper Car Insurance Quotes In Maryland?
Maryland Car Insurance companies determine how the quotes will be given to the aspirants according to the following key points.
- Gender
- Age
- Driving History
- Credit
- Marital Status
- Higher Education
- Employment
- Military Services
- Prior Insurance
The average rate that you can avail will depend on the profile and background of the potential policyholder.
- Good Drivers: $1,257/year – $1,892/year
- Minimum Coverage: $654/year – $987/year
- Poor Credit: $2,158/year – $2,734/year
- Ticket: $1,378/year – $2,215/year
- At-Fault Crash: $1,612/year – $2,935/year
- DUI: $1,356/year – $2,325/year
- Young Good Drivers: $1,526/year – $1,874/year
- Married Couples: $2,159/year – $2,572/year
- Family with Teenagers: $3,815/year – $5,467/year
In most cases, regardless you have a good or poor driving history, poor credit, speeding ticket, or DUI, the best quotes you can get in Maryland for Auto Insurance is with Erie. As the minimum coverage required is high, it is recommended that you choose to buy the minimum legal value to face unfortunate circumstances. People can also opt for additional coverage if the law requires them to.
Who Has the Best Car Insurance Quotes In Maryland?
Maryland is a state where the average annual premium is higher than others for auto insurance. Getting cheap car insurance in MD is already challenging, and if you go out and look for the best Car Insurance Quotes, then the task becomes much more complex. Not to mention the annual premium forces the buyers to choose a plan that can save a few bucks. As there are many carriers available for Maryland drivers, we compared them against:
- Financial Strength
- Customer Satisfaction
- Coverage Options
- Price
We have already listed the companies that were a part of the research, and similar to other results, Erie came out as the one to offer the best cost balance and coverage. Companies like Erie, GEICO, State Farm, Allstate, USAA, and others acquire the largest market share in Maryland. In terms of financial strength, GEICO, State Farm, and USAA were the winners. But when it comes to customer satisfaction and overall service, Erie again holds the top position.
Maryland has a minimum liability of 30/60/15, where $30k is the bodily injury coverage of one person, $60k is the coverage for two or more people, and $15k is the property damage coverage per accident. Looking at the figures, you can distinguish that even the minimum coverage is a hefty amount. And while minimum coverage seems tempting, it is the full coverage that is the most secure option. Still, we understand that not everyone can fit the large insurance premiums in their budget. So, make sure that you purchase the amount that is manageable as per your financial situation. And of course, you can get the best car insurance quotes in Maryland from Erie, USAA, and State Farm. These firms are financially secured, which means that they are more than capable of paying customer’s claims. Even though State Farm has an expensive annual coverage, there are several discounts available that offset the high range of policy prices.
How To Get Cheap Car Insurance In Maryland While Unemployed?
A job might be the thing that provides security to a family, but a private job is insecure itself. A person can lose his/her job at any moment without prior notice. It can completely disturb your financial stability, and the matter seems more problematic if you’ve lost a job. However, you don’t need a job to get suitable Maryland Auto Insurance. Even if you are unemployed, the insurance companies won’t deny your request to buy a plan unless other reasons interfere with the decision, of course.
Like we stated above, that unemployment won’t have a significant impact on the policy you intend to buy. However, other factors will come into play that is explained below:
- Driving Frequency
When a person is unemployed, it means that they no longer use the same commuting service as before. And because you are traveling less in your car, you can opt for less. At the same time, if you start looking for a job and end up traveling more than before, then you will be obliged to pay more for the insurance.
- Credit Score
Financial loss is nothing to be ashamed of, especially if you are adjusting to a new finance system within your house and end up missing a few payments. It will result in a drop in your credit score, which will increase the number of premiums. Unless your credit score has dropped far beyond expectations, you will still be able to get cheap auto insurance in Maryland.
- Occupation-based Discounts
In case you didn’t know this before, certain professions such as teaching, police officer, and military members come with perks. You will get lower car insurance premiums being in these professions. Hence, if you lose your job, the job-related discounts will also become void.
Maryland consists of cities that are heavily populated, including Baltimore, Essex, and Dundalk. It results in a massive increment of payment, whereas rural areas have slightly lower rates. As usual, the drivers who often get into accidents and a record of getting speeding tickets will have a dare need to insure their vehicles.
What Is The Average Cost Of Car Insurance In Maryland?
If you think that getting cheap car insurance in MD is tough, then rethink because it is quite affordable. The average rate is $1,290/year, which is 14% than the average rate in the United States of America. It is not just the states that impact the prices, but a myriad of factors and consideration helps in the deduction.
So, we have narrowed down the factors as below for our readers:
- Age
You need to understand that as you get older, the insurance rates will also shift. Young drivers, especially teenagers, have to pay a considerable about to get insurance as their driving skills are far from competent and have more risks involved. If you are a 16-year driver, the annual rate will be $4853, whereas, for a driver aged above 50, it will only be $1056.
One fact we’d like to add is that once you cross the age of 60, the rates will again increase considering the uncertainty of health, eyesight, and some other things due to old age.
- Gender
Gender might be the only factor that has an almost negligible effect on Maryland Car Insurance rates. The rate for males is $1194/year, and for females, it is $1188/year.
- Marital Status
Whether you consider marriage a blessing or not, in the case of Auto Insurance, having a partner certainly benefits you. In the state of Maryland, married drivers get lower rates on insurance. The average annual rate changes as:
- Married – $1,325
- Divorced – $1,269
- Widowed – $1,132
If you still think that you can get a better deal from someone else, then don’t be afraid of shopping around.
- Credit Score
A credit score is a way for insurance companies to determine how reliable you are as a prospective customer. And the customer can’t even lie about it as the entire history is available in digital copy. The motorists and drivers who have excellent credit scores get the best car insurance quotes in Maryland.
If you maintain the score consistently throughout the year, you will be able to save $1082/year. The credit score rates you will find will look something like this:
- Very Poor: (300-579) – $2,215 annual rate
- Fair: (580-669) – $1,985
- Good: (670-739) – $1,617
- Very Good: (740-799) – $1,345
- Exceptional: (800-850) – $1,267
Finding cheaper rates mostly depends on your credit score and driving history. As long as these factors are within the manageable range, you will be able to get auto insurance that fits your budget well.
- Driving Violations
Like we said earlier, the driving history will tell the insurance companies everything they need to know. If you’ve had several at-fault accidents or you’ve been convicted of an on-road offense, the rates are bound to go higher. The number of violations is directly proportional to the average cost of car insurance.
Sometimes, not only the driver has to pay a penalty fee, but they get DUI. Hence, the overall scenario will for annual rates become:
- $1,815 with DUI/DWI
- $1,625 with reckless driving
- $1,864 – $1812 with At-fault accident
- $1,673 with Open Container
- $1,457-$1,617 with Speeding tickets
If you’ve gotten quotes from many insurance companies, and most of them have higher rates, that’s because of the reckless driving you’ve been doing in the past. It is one of the reasons why the government asks to drive safely and follow the traffic rules.
- Coverage Level
While most people decide to only go with the minimum coverage, many car owners prefer getting full coverage for auto insurance. It is a decision that will modify the stats in your policy entirely. For example, a liability-only coverage will cost you less, whereas a low-deductible comprehensive coverage will cost you more. The rate differential between half and full coverage in Maryland is around $600 to $750.
Top 10 Best Car Insurance Companies In Maryland
Maryland is a state that offers Auto Insurance rates, which are only slightly above the national average of $1502. It is a good thing for the customers knowing that many drivers are paying much more. To help our readers, we are presenting them with a list of the top 10 companies that can provide cheap auto insurance in Maryland. Review them and see which company seems ideal for you.
1: Berkshire Hathaway Inc. (GEICO)
Market Share- 24.45%
GEICO has greatly emphasized on their services by integrating an intuitive website and mobile application for customer interactions. Not only do they have well-priced rates, but they provide a digital experience that will remove all the hassles of visiting a branch to get auto insurance. From accessing the insurance documents to contacting roadside assistance, every task can be handled online along with the claims evidence submissions.
You don’t have to try hard to get the cheapest annual premiums with GEICO, as they offer a wide array of discounts. In between all this, people who prefer personal contact might realize that there are not enough local agents to communicate with.
2: State Farm
Market Share- 18.36%
Provided by AM Best, State Farm is the most financially stable Maryland Auto Insurance Providers. Not only do they have better-quality service, but they also offer several discounts to grab the attention of the vehicle owners and drivers looking to get minimum or full coverage. The fact that State Farm is financially secured means that they are more than capable of paying out the customers who make claims, reassuring their trust.
A downside of being the best is that the annual average premiums are often higher than expected. But nobody can force you to go with an expensive choice if you can’t afford it. That’s why people look online for the best car insurance quotes Maryland.
3: All State Corp.
Market Share- $11.57%
It was now recognized as one of the largest publically held personal property and accident insurance companies, All State Corp. Serves around 16 million Americans. The company works through its network of local agents to provide enough coverage for Maryland auto insurance.
With superb financial status and extensive options for coverage, you will also get discounts on the policy you choose to buy. However, if you want to get a quote or file for a claim, you will need to communicate with a local agent, which can be quite a lengthy process sometimes.
4: USAA
Market Share- 8.96%
USAA is an insurance provider company that focuses primarily on military members, veterans, and their families. As a result, their service is not open to all drivers in Maryland. But to the citizen who is eligible to avail of their service will admit that they are undoubtedly one of the best insurers in the state.
You will get competitive rates and one of the lowest average annual premiums with USAA. Apart from the prices, they offer exceptional customer service.
5: Erie Insurance
Market Share- 7.85%
One of the best-rated Maryland Auto Insurance Providers, Erie, focuses greatly on serving the customers right and improving customer satisfaction at all costs. From getting discounts on the coverage to making claims, they have a professional staff that will ensure that everything is handled carefully.
However, Erie Insurance doesn’t accept online accident claims, which means you have to visit the branch or call an agent to analyze the situation. But as you get cheap car insurance in MD, even the unavailability of an online portal is not a big issue.
6: Progressive
Market Share- 6.76%
Offering a wide variety of helpful tools and applications for customers, Progressive maintains the status of being a reputable Maryland Car Insurance Providers. Due to their focus on customer satisfaction, they get fewer complaints. Moreover, you can get additional coverage, such as pet injury protection, if you purchase collision coverage.
With the app, you will also get Rideshare coverage if you are driving for a commute service. You will come across ratings that look average on the site and reviews. Still, we can assure you that you can rely on their service as they are riding the path to become the third-largest personal auto-insurer in the country.
7: Nationwide
Market Share- 6.48%
A remarkable feature of Nationwide Auto Insurance plans is that they offer “On Your Side Review.” It is a free service that provides an overall review of your policy to assess if the coverage you are opting for will work the best for you. Looking at the cheap auto insurance in Maryland, you will realize that Nationwide has a comprehensive resource center that will assist you in all ways possible.
Even though the overall customer satisfaction is average for them, you can still rely on them to get affordable rates.
8: Liberty Mutual
Market Share- 3.34%
Based on the direct premiums written, Liberty Mutual is also a good option for people looking for cheap auto insurance in Maryland. You can avail of many discounts offers with them in many situations, such as if you own a home, an active/retired/reserve member of the U.S. military, a teacher, or even with additional safety features in your vehicle.
Avail of the standard auto insurance coverage with cheap annual premium rates. Still, it is our duty to expose the downside of a company as well, which means that their customer service might not be up to par for some customers.
9: Travelers
Market Share- 1.85%
Travelers go beyond the standard Maryland Auto Insurance coverage by providing services such as Gap Insurance, Ridesharing Insurance, Premier New Car Replacement, Travelers’ Responsible Driver Program, and much more. You get similar discounts to other companies after accounting for all the factors. But again, the customer service is average. So, if you are seeking to get the best car insurance quotes in Maryland, we suggest that you explore some more before finalizing the decision.
10: Maryland Automobile Insurance Fund
Market Share- 1.59%
Not exactly a standard insurer, Maryland Auto Insurance Fund is a resource for all those drivers who can’t find a company willing to insure them. It mostly happens because of the reckless driving record, accidents, DUIs, etc., that makes them high-risk clients. As a result, the companies straight out deny their request, and they are left with no other options. MAIF covers those drivers only after assuring that at least two auto insurers have denied the driver’s request. Otherwise, you won’t qualify to avail of their service. Along with that, remember that if you are not financially capable of paying the premiums, you won’t be able to get auto insurance as well.
Hopefully, this list will allow you to narrow down the options, and you know whom you should contact for the best rates.
Why Is Car Insurance So Expensive In Maryland?
While most people look for cheap car insurance in MD, they sometimes end up with an expensive policy. Now, you can simply keep wondering why car insurance is so expensive in Maryland, or you can evaluate the reasons here. Typically, the cost of insurance increase steadily, not just in Maryland but throughout nationwide. Maryland just happens to be the state that has many expensive cities that result in 37% higher rates than standard. The denser a city gets, the larger will be the auto insurance rates.
As the cost of policy rises, the premiums charge also goes up. Even when the policy is renewed, the rates again go up. Several reasons why the rates are like this involves:
- Number of Drivers – The overall number of people that now own a car is increasing day by day. As they are driving more, the number of accidents, payouts, and claims is rising alongside. In Maryland alone, approximately 500 people died in a car crash in 2018.
- High Cost of Auto Repairs – One of the most significant reasons why auto insurance in Maryland is getting expensive is because the repair prices are also on the rise. In 2013, the cost of repairs used to be $966, which increased to $1,116 in 2017. Due to the technological and feature enhancements inside vehicles, it takes more to fix the parts.
- Uninsured Drivers – It is quite a relative issue as the cost of insurance increases; many drivers can’t afford the policies and decides to stay uninsured. Unfortunately, the number of uninsured driving is also increasing, and they lack even the minimum liability insurance. It further enlarges the sum of premiums for the people who opt for the policies.
- Costlier Healthcare – Looking at the fact that most people claim for insurance payouts when they have to cover healthcare expenses. And nobody can deny that healthcare is not getting cheaper as well and keep on increasing 7% every year in Maryland.
- Severe Weather – As if other things weren’t bad enough in Maryland, the weather also depicts its cruelty on people. Winter storms, floods, etc., are common in the state that means the vehicles on the road will have further risks involved. The unpredictability of the roads results in raising the price as well.
Not to forget that your age, location, driving patterns, financial status, and claims history will change the rates of Maryland auto insurance likewise.
Are You Required To Have Car Insurance In Maryland?
As per the Maryland Motor Vehicle Administration, you are required to submit proof of liability insurance to register the vehicle. Hence, it becomes crucial to get to purchase a policy.
It is illegal in Maryland to drive without proof of insurance or financial responsibility. If you do so, then you will face penalties such as losing your license plates, vehicle registration privileges, or a fine of $175. Failure to get proper insurance can sometimes lead to serious penalties like license suspension and revocation as well.
Navigating the charges you might face for not having auto insurance will get daunting and confusing, especially if this is your first time. Hence, to avoid conviction of not abiding by the traffic rules, make sure that you get an affordable insurance policy.
Minimum Car Insurance Requirements In MD?
Maryland Car Insurance policy requires a vehicle owner/driver to meet the minimum following conditions-
- Bodily Injury Liability: Minimum $30,000/person & $60,000/accident
- Property Damage Liability: Minimum $15,000
- Uninsured Motorist Bodily Injury: Minimum $30,000/person & $60,000/accident
- Uninsured Motorist Property Damage: Minimum $15,000
Obtaining the minimum coverage is an obligation for the residents/drivers of Maryland. If you are intelligent and capable enough, then you can opt-in for other types of insurance coverage as well to protect your assets.
The Top 5 Most Expensive Counties for Car Insurance In Maryland
Like we have discussed many times in this guide, getting cheap car insurance in MD is tough, especially if you reside in the most expensive counties of Maryland. While cities like Easton, Denton, and Verlin offers the cheapest coverage, densely populated areas such as Baltimore, Capitol Heights, and District Heights are among the most expensive counties for auto insurance in Maryland.
The list of five most expensive counties include:
- Baltimore County
Baltimore is the third most populous in Maryland, which means that people run in more accidents. Hence, the overall rates of auto insurance are around $3,810 in Baltimore. If you live in the main city, then the price might fluctuate some more.
- Montgomery County
Due to the high prices of auto insurance in Rockville and Gaithersburg, Montgomery County holds the title of being the third most expensive county for Maryland auto insurance. The average rates range from $2400 to $2,762 for an ideal customer with a good credit score and driving history. However, if you fail to lie in that division, the rates will only go up.
- Prince George’s County
The town of Capitol Heights, District Heights, Cheverly, and Bladensburg in Prince George’s County has to pay the second-highest premiums for auto insurance in Maryland. Overall, the rates go very high, up to $3,450/year, due to its proximity to D.C. mostly. However, the higher rates have more to do with the congestion faced by the people in the county.
- Harford County
The next in line for being an expensive county in terms of Maryland car insurance is Harford. Cities like Aberdeen and Bel Air with high population density results in increasing the rates for auto insurance. Typically, you will be able to get the cheapest quotes around $2,536- $2,569.
While Baltimore, Montgomery, and Prince George’s County stay in the list of most expensive counties for Auto Insurance in Maryland, other counties like Charles, Harford, Cecil, etc., often modify their rates to support the citizens. So, before you finalize coverage, get at least two or three quotes to find the best offers.
- Cecil County
With cities like Rising Sun, Perryville, North East, etc., Cecil County citizens have to pay more than other counties in Maryland. Depending on which city you are currently living in, the auto insurance rates will cost you around $2,567 or more, depending on other factors for full coverage.
Qualifications In Getting Teen Drivers License In Maryland
For all teenagers who wish to get a Driver’s license has to be familiar with the Teen Driving Laws in Maryland. Like all adults, the teens are also obliged not to drive with insurance. Hence, even if you are a teenager, you must know as much as possible about getting the best car insurance quotes in Maryland. Even though the government allows teens to get exposure to complex driving situations so that they can ease into it, they still need to acquire a learner’s permit and provisional license.
To get a Learner’s Permit, you must:
- Be older than 15 years and nine months
- Visit a Motor Vehicle Administration Office with your legal guardian
- Get his/her parents to cosign the application
- Complete a Learner’s Permit School Attendance Certification form
- Pass a written driver’s knowledge test along with a vision test to get the learner’s permit
Once the teenager gets the learner’s permit, it will be valid to use until the person reaches 21 years or older, giving at least three years of experience behind the wheels. Even for this, the teens need to obtain almost 60 hours of certified practice driving that involves 10 hours at night. Then the practice logs will be signed and submitted to the MVA. The teen needs to hold the learner’s permit for nine months without getting convicted during this period and then complete a driver education course to qualify for a Provisional License.
If you also manage to hold the Provisional license for 18 months without facing any charges during that time, then you can apply for a Full Unrestricted License right away. If the teen meets all the requirements, the MVA will convert the license, and you will have a full driver’s license status in Maryland.
How An Anti-Theft Device Insurance Discount Works?
Every car owner can agree that the Anti-Theft device provides better protection to the vehicles. However, not all of them know that having such a device and system makes you eligible to get cheap car insurance in MD with an additional discount. The Anti-theft device can include manual, automatic, and remote disabling devices along with components like car alarms, VIN Etching, and other vehicle tracking systems.
The supplementary security features your car has, the better it will shield you from unforeseen circumstances. And like icing on the cake, your insurance providers will appreciate your sense of responsibility. Hence, you can avail of special benefits on behalf of the Anti-theft devices.
In general, with Anti-theft systems in your vehicle, including car alarms, steering wheel locks, etc., the comprehensive coverage becomes much more affordable. Depending on the features, you can 10% to 25% discount on the overall insurance policy.
Penalties For Driving Without Insurance In Maryland
Driving in the state of Maryland without insurance is a very serious offense. You can get the best car insurance quotes Maryland if you choose the right insurance provider. However, if you don’t succeed in doing so, then you will have to face severe penalties as well. You can even face charges for insurance policy lapse as the insurers will notify the MVA if the policy has not been renewed or canceled.
Not only will you get a fine, but there is also a risk of administrative fine that will sum up for every day that you drive uninsured. You can lose the license plate and vehicle registration privileges as well. And with the suspended registration, you will be prohibited from registering vehicles in the future until all the violations are cleared and the fines are paid off.
1st Offense Penalties:
The law enforcement will ask you to provide valid proof of active insurance for the first offense. It means that if you cross a red light and have any 1st-degree offense, the officers will ask you to show the documents at the scene, and you have to pay a fine to drive without insurance. The first offense is a misdemeanor. Hence, you can be charged $1000 or more alongside one-year of imprisonment if you provide false insurance evidence. For serious cases, you can also face administrative penalties as well as 5 points on your license.
2nd & Subsequent Penalties:
With a second degree offense, the jail time increases up to two years, and even the fine can cross over the amount of $2000. Minimum 5 points will be charged on your license, and it will lead to the issuance of a Notice of Suspension. You might also end up being forced by the MVA to enroll in a Driver Improvement Program.
Administrative Penalties:
Some drivers don’t get caught for driving without insurance or have to face charges immediately after violations. Such things cause the driver to ignore the insurance lapse. Therefore, you will face administrative fines that will be assessed by the Motor Vehicle Administration (MVA) according to the charges filed against you. Just the fine assessment can stack up to $2500 per violation. The overall assessment will account for the duration of insurance lapse from the day insurer reports the policy cancellation. In these cases, you can’t even plead as not knowing that the insurance has also retired is your responsibility as a driver.
Whether you are facing first, second, or administrative penalties, remember that for every offense, you will be increasing the rates of Maryland auto insurance for the future.
What Is The Cheapest Car insurance In MD After DUI?
We all can agree that driving under the influence isn’t something that can be ignored easily. Once you’ve been charged with DUI, you will find it almost impossible to get cheap auto insurance in Maryland. In case you didn’t know this before, but getting insurance after DUI charges is 76% more expensive. It means that you will have to take more bucks out of your pocket each year.
For example, if you are a 40-year-old driver that has no previous violation and gets charged with DUI, then overall, $1,200 will increase in the full coverage, and $500 will increase in minimum coverage. While a person earning well won’t care about a thousand bucks, a middle-class family can use that money. That’s why it is often advised that you must not drive under the influence.
Still, if you shop around, you can find the best auto insurance quotes in Maryland with the most trusted and reputable insurance providers in the state, such as:
- Erie will increase $1,325/year after DUI
- GEICO will increase $1,911/year
- Allstate will raise $1,956/year
- Travelers will increase $2,245/year
- Progressive will increase $2,238/year
- State Farm will raise the rates to $1,715/year
- USAA will modify the rates to $2,358/year
- Safeco will increase $1,541/year
- Liberty Mutual will raise the rates to $1,714/year
There is no way out for you to get an affordable policy after being charged with DUI. So, instead of trying to escape the high rates, shop around and figure out which insurance provider you can trust for this matter.
Is Maryland A No-Fault State?
This question is often a matter of confusion in the United States. No-fault means that if you get injured in an automobile accident, and you have the No-fault insurance coverage, then your own insurance company will for some or all of the lost earnings and medical bills, regardless of whom the court decides to be at fault for the accident. It is like having a backup to ensure that no matter what happens, you can afford to pay for the losses that happen in the accident.
Fortunately, Maryland is not a “No-Fault” state, or we can that it is an “At-Fault” state. Hence, if an accident occurs, then the court will determine who has the financial liability to pay for the damage caused to the vehicle, property, and people involved in the accident.
When Do You Need Short Term Car Insurance In Maryland?
It is possible to get cheap auto insurance in Maryland, especially if you need insurance for just one day or one week. Short term auto insurance will cover you for one month, even if you need it for one day. Be aware and learn as much as you can before getting quotes for short term Maryland auto insurance. Here’s when you might need short term auto insurance.
- When you are borrowing a vehicle that belongs to someone else, before driving that vehicle, you will need to contact your insurance agent to ensure that you are covered during such conditions as well. The policy accounts for factors such as fire, theft, vandalism, etc.
- Suppose you need insurance for a new or used vehicle that you wish to drive for one day. It becomes crucial you get short term coverage just in case.
- Another situation where you might need short-term insurance is if your teens will be driving the car, and you need to exercise caution and add the teen shortly in your car insurance policy.
Generally, state laws mention that anyone who is a licensed driver in your household must be added to the car insurance policy to be on the safe side.
Common Myths About Maryland Auto Insurance
Every pursuer for Maryland auto insurance knows that finding the right insurance policy is a challenging matter. Mostly, a person depends on his/her insurance agent to provide reliable information. Still, many myths revolve around the industry that confuses a driver/car owner and makes it tougher to pick out the best coverage. So, we have gathered some questions that will help you uncover the myths revolving around car insurance policies.
Myth 1: Is It Enough To Set Your Car To The State Minimum?
Many insurance agents will budge you trying to sell the maximum coverage possible. After all, the more you cover, the better for the company. However, reliable insurance agents abide by the rules and serve the customers well. So, if you have a dependable agent beside you, you will be able to figure out if the state’s minimum coverage is enough for you or not. As for Maryland Car Insurance, we must admit that leaving your vehicle at the mercy of minimum coverage will be close to being unprotected. Maryland is a high-risk state with a massive number of accidents, and if you know that, then it isn’t hard to understand that the more you cover, the better it will be for you.
Myth 2: The Credit Score Does Not Affect Insurance Costs
This myth is null and void and not backed up by any evidence. As far as your credit goes, it matters a lot for the insurance coverage you want to get. That’s because a credit score reflects your sense of responsibility. A person with a higher credit score is seen as a reliable citizen that abides by the rules. Hence, they will also drive carefully and have fewer accidents. As a result, the insurance rates will be cheaper for them in contrast with the people with low credit scores.
Myth 3: Color of Your Car affects the Insurance Rates
If you believe this myth, then we are sorry to say this, but you are only delusional. Some people consider that red color car is hard to insure because of the color resemblance to a sports car. But just because your car color is red, that doesn’t imply that you are a reckless or aggressive driver. The rates will be determined on other factors such as age, claim history, driving patterns, credit score, etc., instead of the vehicle color.
We have covered almost every aspect of Maryland Auto Insurance for our readers. Hopefully, you will gain information from this piece. Get in touch with trustworthy insurance providers like we mentioned in the article and get the best car insurance quotes in Maryland.
