Cheapest Car Insurance for Good Drivers in Maryland

Finding decent, reasonably-priced insurance is difficult, and finding out which company offers the most affordable insurance rates for good drivers may require even more shopping around. Prices may be moderately cheaper than the average price in Maryland, with the decrease attributed to the potential for fewer claims related to offering insurance for safe drivers. Reasonably-priced insurance should be possible from a lot of different insurance providers.

Every insurance provider has their own guidelines to determine premium rates, so let’s take a look at the lowest cost insurance companies in Maryland. It’s important that readers know that Maryland insurance rates are based on many factors that may substantially change the cost of coverage. Price variation is why consumers need to take the time to shop around to get the lowest auto insurance rates for good drivers. Prices are calculated by many things and change substantially, so the most economical option the last time you checked may now be quite expensive.

 

USAA may offer some of the cheapest car insurance rates in Maryland at around $948 a year. Liberty Mutual, Penn National, Erie, and State Auto also make the cut as some of the cheaper Maryland car insurance companies.

In the above rates, if you are currently insured with Erie and switched to Liberty Mutual, you might see annual savings of approximately $35. Insureds with State Auto may save as much as $86 a year, and Amica customers might see rate reductions of $216 a year.

If you would like to find the cheapest car insurance for good drivers in Maryland, click here to start your custom quote or quote rates from the companies below.

Be aware that those rates are averaged for all types of insureds and vehicles and are not factoring in a price decrease for good drivers. So the car insurance company that is best suited for you may not even be featured in the chart above. That point stresses why you need to compare rates from multiple companies using your own specific driver information and vehicle.

For safe drivers, one of the more important things that is used by auto insurance companies to determine the price of your policy is where you choose to live. Areas with more people or higher crime rates like Baltimore, Dundalk, and Aspen Hill tend to have higher rates, whereas areas with less crime or weather claims enjoy lower auto insurance rates.

The illustration below lists the highest-priced places in Maryland for good drivers to purchase car insurance in.

Rates are estimated as the specific Maryland residence address can increase or decrease price quotes substantially.

Performance level and cost of the vehicle needing coverage is one of the main factors when trying to find the most economical coverage for good drivers. Vehicles with reasonable performance levels, a great safety record, or a track record of few liability claims will cost less to insure than fast, unsafe models. The next lists features insurance rates for a number of the more affordable automobiles to buy insurance for.

Data rating is based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Premium amounts do not factor in garaging location in Maryland which can influence prices substantially.

Data rating is based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Premium costs do not factor in your specific Maryland location which can change coverage prices noticeably.

Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rates do not factor in specific location information which can influence premiums considerably.

The example below demonstrates how deductibles can raise or lower yearly insurance costs when researching cheap insurance for good drivers. The rate quotes are based on a married male driver, comprehensive and collision coverage, and no policy discounts are applied.

In the chart above, a 50-year-old driver could lower rates by $284 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $428 by selecting a $1,000 deductible. Young drivers, like the Age 20 category, could save as much as $942 each year by choosing a larger deductible amount. If you do decide to increase your deductibles, it’s a good idea to have enough in a savings account to pay the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

Use our FREE quote tool to compare insurance rates now!