Remarkably, a study showed that almost 70% of drivers renewed their policy with the same company for more than four years, and roughly 40% of drivers have never shopped around. Baltimore insurance shoppers could save nearly 55% each year just by shopping around, but they don’t want to take the time to compare other rate quotes.
The best way to find the cheapest price for Nissan cube insurance is to compare prices regularly from insurers that insure vehicles in Baltimore.
First, gain an understanding of how insurance works and the factors you can control to prevent rate increases. Many rating factors that cause rate increases such as traffic tickets, fender benders, and an unfavorable credit rating can be controlled by improving your driving habits or financial responsibility. This article gives tips to keep prices down and find overlooked discounts.
Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like Progressive and State Farm, while agents who are independent can provide price quotes from multiple sources.
Third, compare the price quotes to the price on your current policy to see if cheaper cube coverage is available in Baltimore. If you find a better price and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, notify your current company of your intent to cancel your current auto insurance policy. Submit a down payment along with a completed application to your new carrier. Don’t forget to put the new certificate of insurance in an easily accessible location.
The key thing to remember is to make sure you’re comparing the same coverage limits and deductibles on every quote and and to analyze as many different companies as possible. This provides a level playing field and a thorough price selection.
If you have coverage now or are shopping for new coverage, use these cost-cutting techniques to save money and possibly find even better coverage. Locating the most cost-effective auto insurance policy in Baltimore is not that difficult. Smart buyers just have to know the quickest method to shop using one simple form.
Finding a lower price on insurance is a great way to save money. Drivers just need to spend a little time comparing price quotes online from several insurance companies.
It’s so easy to compare rate quotes online that it makes it obsolete to make phone calls or go to local Baltimore insurance agencies. Quoting Nissan cube insurance online eliminates the middleman unless you want the guidance of a licensed agent. Although, it is possible comparison shop your insurance online but have a local agent actually write the policy.
The auto insurance companies shown below provide free rate quotes in Baltimore, MD. In order to find the best cheap auto insurance in Maryland, it’s a good idea that you compare several of them to find the lowest auto insurance rates.
Discount Baltimore car insurance quotes
Auto insurance companies don’t necessarily list every policy discount in a way that’s easy to find, so the below list has some of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy Baltimore auto insurance online. If you aren’t receiving every discount available, you’re paying more than you need to.
- Pay Upfront and Save – If you pay your bill all at once rather than spreading payments over time you can actually save on your bill.
- Organization Discounts – Being a member of qualifying clubs or civic groups is a simple method to lower premiums on your next renewal.
- Auto/Home Discount – If you combine your home and auto policies with the same company you may earn at least 10% off all policies.
- Telematics Devices – Insureds who allow driving data collection to look at when and where they use their vehicle by using a telematics device like Allstate’s Drivewise may get a rate reduction if they are good drivers.
- Life Insurance – Not all car insurance companies offer life insurance, but some may give you a lower premium rate if you buy some life insurance in addition to your auto policy.
- Seat Belts Save – Buckling up and requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
Don’t be surprised that most discount credits are not given to all coverage premiums. Most only cut the cost of specific coverages such as medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, companies wouldn’t make money that way. Any amount of discount will reduce the amount you pay for coverage.
The example below compares Nissan cube insurance premiums with and without discounts. The information is based on a male driver, no driving violations, no at-fault accidents, Maryland state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-policy, claim-free, multi-car, and marriage discounts applied.
Some companies that possibly offer most of these discounts may include but are not limited to:
Double check with all companies you are considering which discounts can lower your rates. Savings may not be offered in Baltimore.
Nissan cube insurance statistics and information
The coverage information displayed next showcases detailed analysis of insurance premium costs for Nissan cube models. Being able to understand how car insurance premiums are formulated can help guide drivers when making smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $218 | $404 | $492 | $30 | $148 | $1,292 | $108 |
| Cube S 2WD | $250 | $404 | $492 | $30 | $148 | $1,324 | $110 |
| Cube SL 2WD | $250 | $490 | $492 | $30 | $148 | $1,410 | $118 |
| Cube Krom 2WD | $282 | $578 | $492 | $30 | $148 | $1,530 | $128 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Table data does not factor in specific zip code location which can decrease or increase premiums noticeably.
Can higher deductibles save money?
A question often asked by Baltimore drivers is what deductibles to buy. The following tables can help you visualize the differences in premium rates between high and low physical damage deductibles. The first data set uses a $250 physical damage deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $274 | $434 | $406 | $24 | $122 | $1,285 | $107 |
| Cube S 2WD | $314 | $434 | $406 | $24 | $122 | $1,325 | $110 |
| Cube SL 2WD | $314 | $528 | $406 | $24 | $122 | $1,419 | $118 |
| Cube Krom 2WD | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $222 | $350 | $406 | $24 | $122 | $1,124 | $94 |
| Cube S 2WD | $256 | $350 | $406 | $24 | $122 | $1,158 | $97 |
| Cube SL 2WD | $256 | $426 | $406 | $24 | $122 | $1,234 | $103 |
| Cube Krom 2WD | $288 | $502 | $406 | $24 | $122 | $1,342 | $112 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Price information does not factor in your specific Baltimore location which can decrease or increase price quotes noticeably.
Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you about $14 more each month or $168 for a full year than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have more than 18 months between claim filings, you would save money if you choose a higher deductible.
How to calculate if a higher deductible is a good decision
| Average monthly premium for $250 deductibles: | $116 |
| Average monthly premium for $500 deductibles (subtract): | – $102 |
| Monthly savings from raising deductible: | $14 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $14 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
One thing to note is that raising deductibles to get cheaper rates results in a higher out-of-pocket expense if you have a claim. You should have some funds available in order to pay the deductible to have repairs made.
The illustration below illustrates how your choice of deductibles and can affect Nissan cube insurance rates for each different age category. The rates are based on a married male driver, comp and collision included, and no policy discounts are applied.
Car insurance cost for men versus women in Baltimore
The diagram below illustrates the difference between Nissan cube insurance costs for male and female drivers. The prices are based on a clean driving record, no at-fault accidents, comp and collision included, $1,000 deductibles, single marital status, and no additional discounts are factored in.
Comparison of full coverage and liability-only policies
The example below shows the difference between Nissan cube auto insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Maryland. The rates are based on no claims, a clean driving record, $250 deductibles, single marital status, and no discounts are applied to the premium.
When to buy liability coverage only
There is no written rule to delete full coverage, but there is a broad guideline. If the annual cost of having full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.
For example, let’s assume your Nissan cube book value is $4,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $3,000 after the policy deductible has been paid. If you are paying over $300 a year for comprehensive and collision coverage, then you might consider buying liability only.
There are some conditions where only buying liability is not financially feasible. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should keep full coverage.
Components of Your Nissan cube Insurance Premiums
It’s important that you understand the factors that are used to determine your policy premiums. If you understand what determines base rates, this allows you to make good choices that could result in better insurance rates.
Listed below are some of the things used by companies to determine prices.
Your address can affect costs – Having an address in a small town has it’s advantages when buying insurance. People in densely populated areas have to deal with more road rage incidents and longer commutes to work. Fewer drivers corresponds to lower accident rates in addition to fewer liability claims.
Too many claims and you’ll pay more – If you tend to file frequent claims, you shouldn’t be surprised to get either policy cancellation or increased premiums. Companies in Maryland provide most affordable rates to drivers who do not rely on their insurance for small claims. Auto insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
With age comes responsibility – Inexperience drivers are statistically proven to be less responsible when driving with friends and because of this, their insurance rates are much higher. Older drivers are proven to be safer behind the wheel, tend to file fewer claims, and tend to be get fewer driving tickets.
The following chart uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.
Certain jobs raise rates – Did you know your insurance rates can be affected by your occupation? Occupations such as fire fighters, air traffic controllers, and miners generally have higher average rates in part from intense work-related stress and lots of time spent at work. Conversely, jobs like farmers, students and performers have the lowest average rates.
Car insurance liability coverage limits – Your insurance policy’s liability coverage kicks in if ever you are found to be at fault for an accident. It provides legal defense coverage which can cost thousands of dollars. Liability insurance is pretty cheap compared to physical damage coverage, so insureds should have plenty of protection for their assets.
More performance means more cost – The make and model of the vehicle you are buying insurance for makes a substantial difference in how high your rates are. Small economy passenger vehicles receive the most favorable rates, but many other things help determine your insurance rates.
The chart below is based on a single female driver age 20, full coverage with $1000 deductibles, and no discounts or violations. It compares Nissan cube policy rates compared to other models of vehicles that have a range of performance risks.
When to have guidance from an agent
Certain consumers prefer to buy from a local agent and often times that is recommended Licensed agents can point out coverage gaps and give you someone to call. The best thing about comparing rates online is that drivers can save money and get cheaper car insurance rates and still have an agent to talk to.
To make it easy to find an agent, after completing this short form, your coverage information is immediately sent to companies in Baltimore that give free quotes and help you find cheaper coverage. You won’t even need to contact any agents due to the fact that quote results will go to the email address you provide. If for some reason you want to get a comparison quote from a particular provider, you can always search and find their rate quote page and fill out the quote form the provide.
Choosing the best company needs to be determined by more than just a cheap quote. Some important questions to ask are:
- What insurance companies do they work with in Baltimore?
- Do they receive special compensation for putting your coverage with one company over another?
- Where would glass claims be handled in Baltimore?
- Are there any extra charges for paying monthly?
- Will one accident increase rates?
- Does the quote include credit and driving reports?
- Are they able to influence company decisions when a claim is filed?
- Is vehicle mileage a factor when determining depreciation for repairs?
Types of auto insurance agents in Baltimore
If you’re trying to find a reliable insurance agent, it helps to know the two different agency structures and how they operate. Auto insurance agencies are either exclusive or independent agents depending on their company appointments. Either one can sell affordable auto insurance policies, but we need to point out the difference in how they write coverage since it can impact which type of agent you select.
Exclusive Agencies
Agents that elect to be exclusive write business for a single company like Farmers Insurance, American Family, State Farm and Allstate. They usually cannot shop your coverage around so it’s a take it or leave it situation. Exclusive agents are trained well on sales techniques which helps them compete with independent agents.
Shown below are Baltimore exclusive agents that can give you rate quotes.
John C Bugg III – State Farm Insurance Agent
6711 Belair Rd – Baltimore, MD 21206 – (410) 661-4949 – View Map
Frank Insley – State Farm Insurance Agent
9652 Belair Rd – Baltimore, MD 21236 – (410) 256-5600 – View Map
Allstate Insurance: Kent Schwab
401 Jefferson Ave – Towson, MD 21286 – (410) 433-4700 – View Map
Independent Insurance Agents
Agents that elect to be independent do not write with just one company so as a result can place your coverage with an assortment of companies and find the cheapest rate. To transfer your coverage to a different company, the agent simply finds a different carrier and you don’t have to find a new agent. If you are comparing rate quotes, we recommend you get some free quotes from a few independent agents to have the most options to choose from.
Below is a list of independent agencies in Baltimore willing to provide comparison quotes.
Mason and Carter Inc
23 South St – Baltimore, MD 21202 – (410) 539-6767 – View Map
Goad Insurance Agency
3229 Erdman Ave – Baltimore, MD 21213 – (410) 558-0396 – View Map
Upper Chesapeake Insurance Agency Inc
900 S Charles St – Baltimore, MD 21230 – (410) 385-0455 – View Map
If you receive satisfactory answers to any questions you may have and locked in a price quote, you have narrowed it down to a car insurance agent that meets the requirements to service your policy. But remember, it’s your policy and you can terminate your policy at any time so don’t assume you’re contractually obligated to any particular company for the entire policy term.
Cheaper insurance rates are out there
We just showed you many ways to shop for Nissan cube insurance online. It’s most important to understand that the more rate comparisons you have, the better likelihood of getting inexpensive Baltimore auto insurance quotes. You may even find the lowest rates come from a lesser-known regional company. These companies may cover specific market segments cheaper compared to the large companies like Progressive or GEICO.
As you prepare to switch companies, never skimp on critical coverages to save a buck or two. Too many times, someone dropped collision coverage to discover at claim time that they should have had better coverage. Your aim should be to buy enough coverage at an affordable rate but still have enough coverage for asset protection.
Additional detailed information is located at these sites:
- Drunk Driving Statistics (Insurance Information Institute)
- How Much is Auto Insurance for Handicapped Drivers in Baltimore? (FAQ)
- Who Has Affordable Car Insurance for Homeowners in Baltimore? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Toyota Camry in Baltimore? (FAQ)
- Who Has Affordable Auto Insurance for a School Permit in Baltimore? (FAQ)
- Help Your Teen Be a Better Driver (State Farm)
- Shopping for a Safe Car (Insurance Information Institute)
- State Laws for Cellphones and Texting (iihs.org)