It takes a little time, but the best way to save money on Volkswagen Golf insurance is to compare prices at least once a year from insurance carriers in Baltimore.
- First, try to learn a little about car insurance and the things you can control to prevent high rates. Many rating factors that increase rates such as at-fault accidents, speeding tickets, and a lousy credit rating can be amended by making minor driving habit or lifestyle changes. Read the full article for more ideas to prevent high rates and earn larger discounts.
- Second, request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like GEICO and State Farm, while agents who are independent can provide prices from multiple sources.
- Third, compare the price quotes to the premium of your current policy and see if you can save money. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
- Fourth, notify your company or agent of your intent to cancel your existing policy and submit the signed application along with the required initial payment to your new agent or company. Immediately keep the new proof of insurance certificate with your registration paperwork.
An important bit of advice to remember is that you use identical coverage information on each price quote and and to get prices from as many auto insurance providers as possible. This ensures the most accurate price comparison and and a good selection of different prices.
Shocking but true, most drivers in Maryland have been with the same company for well over three years, and approximately 40% of consumers have never even compared rates from other companies. With the average premium in America being $1,847, drivers could save nearly $860 each year just by getting comparison quotes, but they don’t understand how simple it is to find cheaper insurance by shopping around.
If you have a current insurance policy or just want a better rate, take advantage of these tips to shop for the lowest rates while maximizing coverage. Finding and buying affordable policy in Baltimore is quite easy. Smart shoppers just have to understand the least time-consuming way to compare price quotes over the internet.
Getting a cheap price on insurance isn’t really that difficult. Drivers just need to take a couple of minutes to compare rate quotes to discover which company has low cost Baltimore auto insurance quotes.
The car insurance companies shown below offer price quotes in Baltimore, MD. If multiple companies are listed, it’s a good idea that you visit several of them to get the best price comparison.
Save money by taking advantage of discounts
Insurance can be prohibitively expensive, but you can get discounts that you may not know about. A few discounts will be applied at the time you complete a quote, but lesser-known reductions have to be asked for before you will receive the discount.
- Discounts for Multiple Vehicles – Insuring all your vehicles with the same car insurance company can get a discount for every vehicle.
- Military Discounts – Being deployed in the military could trigger a small discount.
- Seat Belt Discounts – Drivers who require all occupants to use their safety belts can save up to 10 percent (depending on the company) off PIP or medical payments premium.
- Discounts for New Vehicles – Buying a new car model can cost up to 25% less due to better safety requirements for new vehicles.
- No Accidents – Baltimore drivers who stay claim-free get the best car insurance rates as compared to drivers who are more careless.
As a sidenote, many deductions do not apply to the whole policy. Most only reduce individual premiums such as collision or personal injury protection. Despite the fact that it seems like you can get free auto insurance, insurance companies wouldn’t stay in business.
The illustration below shows the difference between Volkswagen Golf yearly insurance costs with and without discounts being applied to the rates. Data assumes a male driver, no accidents, no driving violations, Maryland state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-policy, marriage, claim-free, and multi-car discounts applied.
Popular car insurance companies and their offered discounts can be found below.
- GEICO may include discounts for membership and employees, seat belt use, driver training, air bags, multi-policy, and daytime running lights.
- Travelers offers discounts including multi-car, IntelliDrive, student away at school, payment discounts, and hybrid/electric vehicle.
- Nationwide has savings for Farm Bureau membership, accident-free, family plan, multi-policy, and defensive driving.
- Farmers Insurance has discounts for good student, business and professional, teen driver, alternative fuel, and homeowner.
- Esurance discounts include DriveSense, online shopper, emergency road assistance, online quote, homeowner, safety device, and anti-theft.
- State Farm policyholders can earn discounts including good driver, multiple policy, good student, multiple autos, and Steer Clear safe driver discount.
- Progressive offers discounts for online quote discount, homeowner, multi-vehicle, online signing, multi-policy, and good student.
- Mercury Insurance may have discounts that include anti-theft, good driver, location of vehicle, age of vehicle, professional/association, and ease of repair.
Double check with every insurance company how many discounts you can get. A few discounts might not be available to policyholders in Baltimore.
Rate information and statistics
The premium information displayed below outlines estimates of insurance costs for Volkswagen Golf models. Having insight into how insurance prices are determined can benefit drivers when making decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Golf 2.5 2-Dr Hatchback | $272 | $632 | $390 | $24 | $116 | $1,434 | $120 |
| Golf 2.5 4-Dr Hatchback | $308 | $632 | $390 | $24 | $116 | $1,470 | $123 |
| Golf 2.0T Turbo Diesel 2-Dr Hatchback | $308 | $728 | $390 | $24 | $116 | $1,566 | $131 |
| Golf 2.0T Turbo Diesel 4-Dr Hatchback | $308 | $632 | $390 | $24 | $116 | $1,470 | $123 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Price estimates do not factor in Baltimore location which can affect prices significantly.
Policy deductible comparison
When comparing auto insurance rates, the most common question is which deductibles should you choose. The data tables below can help illustrate the differences in price of buying low and high deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Golf 2.5 2-Dr Hatchback | $314 | $624 | $406 | $24 | $122 | $1,515 | $126 |
| Golf 2.5 4-Dr Hatchback | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
| Golf 2.0T Turbo Diesel 2-Dr Hatchback | $354 | $718 | $406 | $24 | $122 | $1,649 | $137 |
| Golf 2.0T Turbo Diesel 4-Dr Hatchback | $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 |
|---|---|---|---|---|---|---|---|
| Golf 2.5 2-Dr Hatchback | $194 | $392 | $406 | $24 | $122 | $1,138 | $95 |
| Golf 2.5 4-Dr Hatchback | $218 | $392 | $406 | $24 | $122 | $1,162 | $97 |
| Golf 2.0T Turbo Diesel 2-Dr Hatchback | $218 | $452 | $406 | $24 | $122 | $1,222 | $102 |
| Golf 2.0T Turbo Diesel 4-Dr Hatchback | $218 | $392 | $406 | $24 | $122 | $1,162 | $97 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in specific zip code location which can decrease or increase insurance rates significantly.
We can estimate from the data above that using a $250 deductible could cost the average driver approximately $33 more each month or $396 every year across all Volkswagen Golf models than choosing the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at least 23 months between claims, you would most likely save money by selecting a higher deductible. The illustration below shows an example of how we made this calculation.
| Average monthly premium for $250 deductibles: | $131 |
| Average monthly premium for $1,000 deductibles (subtract): | – $98 |
| Monthly savings from raising deductible: | $33 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $33 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 23 months |
One important issue to know is that raising deductibles to save money results in having to pay to pay more out-of-pocket when you have a physical damage claim. It will be required that you have some non-essential savings in the event you need to pay more for the deductible.
The illustration below shows how different deductible levels and can affect Volkswagen Golf yearly insurance costs for different age groups. The premiums assume a married female driver, comprehensive and collision coverage, and no policy discounts are applied.
Volkswagen Golf Insurance Prices Can Be Cheaper
Smart consumers have a good feel for some of the elements that help determine insurance rates. If you have some idea of what controls the rates you pay, this enables informed choices that may reward you with lower rates. Many factors are part of the equation when you get your auto insurance bill. Some factors are common sense such as your driving record, but some are less apparent like your vehicle usage and annual miles driven.
The itemized list below are some of the things utilized by car insurance companies to help set your prices.
Getting married pays dividends – Being married may cut your premiums when buying insurance. Having a spouse demonstrates that you tend to be less irresponsible and insurance companies like that being married results in fewer claims.
Improve your credit rating and save – Credit rating can be an important factor in your rate calculation. Drivers who have excellent credit tend to be more responsible and file fewer claims than those with lower credit ratings. Therefore, if your credit rating is low, you could be paying less to insure your Volkswagen Golf by improving your credit score.
Tough vocation may mean higher prices – Do you have a high-stress occupation? Jobs like judges, architects, and stock brokers generally have the highest rates because of high stress and lengthy work days. On the flip side, careers like farmers, engineers and the unemployed have the lowest average rates.
Urban areas may pay more – Choosing to live in a rural area may provide you with better prices when it comes to insurance. Fewer people means a lower chance of having an accident. People in densely populated areas regularly have more traffic problems and higher rates of accident claims. Higher commute times means more chances of being involved in an auto accident.
Small coverages can add up – There are quite a few extra bells and whistles that can add up but may not be useful. Add-on coverages like rental car reimbursement, towing coverage, and term life insurance are some examples. They may seem like a good idea when you first buy your policy, but now you might not need them so remove them from your policy.
Raising comp and collision deductibles saves money – Coverage for physical damage, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. Examples of some claims that would be covered would be collision with another vehicle, damage from fire, or theft. Comp and collision deductibles are how much you are required to spend in the event of a claim. The higher the amount you choose to pay out-of-pocket, the better rate you will receive.
Insurance losses for a Volkswagen Golf – Insurance companies factor in insurance loss information as a way to help calculate a profitable premium rate. Models that tend to have higher number or severity of losses will cost more to insure. The table below outlines the loss history for Volkswagen Golf vehicles.
For each policy coverage, the claim amount for all vehicles, as a total average, is equal to 100. Numbers below 100 suggest losses that are better than average, while numbers above 100 point to more claims or a tendency for claims to be larger.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Volkswagen Golf | 109 | 97 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When do I need to have guidance from an insurance agent?
Some people just prefer to visit with an insurance agent and often times that is recommended Good agents are trained risk managers and give you someone to call. The best thing about price shopping on the web is that you can obtain the lowest rates and also buy local.
After completing this short form, your coverage information gets sent to companies in Baltimore who will give you bids for your business. It’s much easier because you don’t need to contact any insurance agencies because prices are sent straight to your inbox. If for some reason you want to get a price quote from a specific insurance company, you can always navigate to their website and give them your coverage information.
Finding a good provider needs to be determined by more than just a cheap price. These are some valid questions you should ask.
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Will high miles depreciate repair valuations?
- Is the agent and/or agency licensed to do business in Maryland?
- By raising physical damage deductibles, how much would you save?
- Are all drivers listed on the coverage quote?
- How much training do they have in personal risk management?
- Are aftermarket or OEM parts used to repair vehicles?
Two different types of car insurance agents
If you need to find local Baltimore agents, it can be helpful to understand the different agency structures and how they differ in how they quote coverages. Auto insurance agencies are classified as either exclusive or independent (non-exclusive). Both types can handle auto insurance, but it’s good to learn the difference in how they write coverage because it can impact your agent selection.
Exclusive Insurance Agencies
Agents that choose to be exclusive work for only one company like Allstate and State Farm. They are unable to compare rates from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well trained on what they offer and that allows them to sell at a higher price point. Drivers often buy from the same agent for years mainly due to the prominent brand name instead of buying on price only.
The following are Baltimore exclusive insurance agencies who may provide you with price quote information.
- Eve Hamper – State Farm Insurance Agent
1118 Light St A – Baltimore, MD 21230 – (410) 528-8900 – View Map - Mindy Andreychek – State Farm Insurance Agent
8502 Harford Rd Ste B – Baltimore, MD 21234 – (410) 668-7600 – View Map - Tom Nash – State Farm Insurance Agent
454 E Fort Ave – Baltimore, MD 21230 – (410) 727-4545 – View Map
Independent Auto Insurance Agents
Agents in the independent channel are not employed by any specific company and that enables them to quote your coverage with many different companies and find you the best rates. If you want to switch companies, your agent can switch companies and you don’t have to do anything. When comparing rates, it’s recommended you get insurance quotes from multiple independent agents to have the most options to choose from. Many write coverage with different regional companies that can offer cheaper rates than bigger companies.
The following is a list of independent insurance agents in Baltimore that are able to give price quotes.
- Upper Chesapeake Insurance Agency Inc
900 S Charles St – Baltimore, MD 21230 – (410) 385-0455 – View Map - Luray Insurance of Baltimore
1726 Reisterstown Rd #220 – Baltimore, MD 21208 – (410) 602-2636 – View Map - Baltimore Insurance Network
11 E Lexington St – Baltimore, MD 21202 – (443) 869-6424 – View Map
Once you have acceptable answers for all questions you ask and a good coverage price, you have narrowed it down to an insurance agency that is a good match to service your policy. Just remember you are able to terminate your policy at any point so never assume you are locked into any specific agency for the full policy term.
How much auto insurance do I need?
When quoting and comparing the right insurance coverage for your personal vehicles, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs.
For example, these questions might help in determining if your situation may require specific advice.
- Do I need higher collision deductibles?
- Is my nanny covered when driving my vehicle?
- What if I total my Volkswagen Golf and owe more than it’s worth?
- How does medical payments coverage work?
- Am I covered when driving a rental car?
- What can I do if my company denied a claim?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- Is a driver training discount available?
If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and can provide invaluable advice.
Cheaper insurance is a realistic goal
Cheap Volkswagen Golf insurance in Baltimore is definitely available online in addition to local insurance agencies, so you should compare both to have the best chance of lowering rates. Some companies do not offer price quotes online and these regional insurance providers only sell coverage through independent insurance agents.
You just learned many tips how you can find cheap Volkswagen Golf insurance in Baltimore. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best car insurance rates are with a small local company.
People who switch companies do it for any number of reasons including an unsatisfactory settlement offer, delays in paying claims, denial of a claim or even high prices. It doesn’t matter what your reason, switching insurance companies is actually quite simple.
Additional learning opportunities
- Event Data Recorders FAQ (iihs.org)
- Who Has Cheap Auto Insurance Quotes for Good Drivers in Baltimore? (FAQ)
- Who Has Affordable Baltimore Car Insurance Rates for Lyft Drivers? (FAQ)
- Who Has Affordable Car Insurance Rates for a 20 Year Old Female in Baltimore? (FAQ)
- What Auto Insurance is Cheapest for College Students in Baltimore? (FAQ)
- What Insurance is Cheapest for Used Cars in Baltimore? (FAQ)
- Who Has the Cheapest Car Insurance for a Ford Edge in Baltimore? (FAQ)
- What is a Telematics Device? (Allstate)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Understanding Car Crashes Video (iihs.org)