Want to learn how to find more competitive Mitsubishi Lancer insurance in Baltimore? If you are new to online insurance, most likely you are confused by the vast assortment of local and online companies that all promise to save you money.
Inconceivable but true, over 70% of consumers renewed their policy with the same company for four years or more, and almost half have never compared rate quotes at all. Most drivers in Maryland could save up to $750 every year by just shopping around, but they think it’s difficult to shop around.
If you are paying for car insurance now, you will be able to save money using the concepts you’re about to learn. Quoting and comparing rates for the lowest cost coverage in Baltimore is actually quite simple. Nevertheless, Maryland consumers can benefit by having an understanding of how insurance companies sell insurance online and apply this information to your search.
Insurance policy discounts you can’t miss
Companies don’t list all possible discounts very well, so the following is a list of a few of the more common in addition to some of the lesser obvious discounts that may be available.
- Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% but check with your company.
- Life Insurance Discount – Insurance companies who offer life insurance give lower insurance rates if you buy life insurance from them.
- Discount for New Cars – Adding a new car to your policy can save you some money because new model year vehicles have to meet stringent safety requirements.
- Discount for Home Ownership – Simply owning a home may earn you a small savings since home ownership is proof that your finances are in order.
- Good Student Discount – A discount for being a good student can save 20 to 25%. The discount lasts until age 25.
- Sign Early and Save – A few insurance companies offer discounts for switching policies before your current coverage expires. This can save 10% or more.
- Safety Restraint Discount – Drivers who require all occupants to wear their seat belts may be able to save a few bucks off the personal injury premium cost.
- Drivers Education – Have your child enroll in driver’s education as it will make them better drivers and lower rates.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts as much as 30%.
- Save with More Vehicles Insured – Buying insurance for several vehicles on the same insurance policy can reduce rates for all insured vehicles.
As a footnote on discounts, most credits do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Even though it may seem like having all the discounts means you get insurance for free, companies don’t profit that way.
The example below shows the comparison of Mitsubishi Lancer insurance costs with and without policy discounts. The information is based on a female driver, no claims or violations, Maryland state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, claim-free, marriage, safe-driver, and homeowner discounts applied.
A few popular companies and some of their more popular discounts can be read below.
- State Farm includes discounts for anti-theft, passive restraint, Drive Safe & Save, accident-free, and safe vehicle.
- Farmers Insurance has discounts for youthful driver, mature driver, teen driver, pay in full, electronic funds transfer, multi-car, and early shopping.
- Progressive may offer discounts for online signing, good student, multi-policy, homeowner, and continuous coverage.
- GEICO offers discounts for air bags, anti-lock brakes, seat belt use, federal employee, membership and employees, good student, and daytime running lights.
- Auto-Owners Insurance policyholders can earn discounts including paperless, student away at school, paid in full, mature driver, and safe driver.
- The Hartford offers premium reductions for air bag, defensive driver, bundle, anti-theft, driver training, good student, and vehicle fuel type.
- Farm Bureau has savings for multi-policy, renewal discount, good student, multi-vehicle, youthful driver, 55 and retired, and driver training.
- USAA may have discounts that include new vehicle, good student, vehicle storage, safe driver, loyalty savings, and military installation.
Before you buy a policy, ask every prospective company which discounts you qualify for. Discounts might not apply in Baltimore. To choose insurers who offer cheap Mitsubishi Lancer insurance quotes in Baltimore, follow this link.
When shopping for affordable Mitsubishi Lancer insurance quotes, there are a couple of ways to get quotes from different companies. The simplest method to find the lowest Mitsubishi Lancer rates consists of obtaining rate quotes online.
Just remember that comparing more rates from different companies increases your odds of finding a lower rate. Not every company allows you to get Baltimore Lancer insurance quotes over the internet, so you should also compare quotes from the smaller companies as well.
The companies shown below are our best choices to provide free rate quotes in Baltimore, MD. To get the best cheap auto insurance in Baltimore, we suggest you get rate quotes from several of them in order to find the most competitive rates.
Analysis of coverages
The premium information displayed next highlights estimates of insurance policy prices for Mitsubishi Lancer models. Learning more about how car insurance prices are established can help guide drivers when making decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $344 | $610 | $414 | $24 | $124 | $1,516 | $126 |
| Lancer ES | $344 | $610 | $414 | $24 | $124 | $1,516 | $126 |
| Lancer GTS | $382 | $702 | $414 | $24 | $124 | $1,646 | $137 |
| Lancer Sportback GTS | $382 | $702 | $414 | $24 | $124 | $1,646 | $137 |
| Lancer RALLIART | $422 | $796 | $414 | $24 | $124 | $1,780 | $148 |
| Lancer Sportback Ralliart | $422 | $796 | $414 | $24 | $124 | $1,780 | $148 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Price estimates do not factor in specific location which can raise or lower prices substantially.
Rate comparison for different deductibles
When shopping for auto insurance, a common question is which deductible level should you buy. The comparison tables below help summarize the rate difference between high and low insurance deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
| Lancer ES | $354 | $624 | $406 | $24 | $122 | $1,555 | $130 |
| Lancer GTS | $394 | $718 | $406 | $24 | $122 | $1,689 | $141 |
| Lancer Sportback GTS | $394 | $718 | $406 | $24 | $122 | $1,689 | $141 |
| Lancer RALLIART | $434 | $812 | $406 | $24 | $122 | $1,823 | $152 |
| Lancer Sportback Ralliart | $434 | $812 | $406 | $24 | $122 | $1,823 | $152 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Lancer DE | $218 | $392 | $406 | $24 | $122 | $1,162 | $97 |
| Lancer ES | $218 | $392 | $406 | $24 | $122 | $1,162 | $97 |
| Lancer GTS | $244 | $452 | $406 | $24 | $122 | $1,248 | $104 |
| Lancer Sportback GTS | $244 | $452 | $406 | $24 | $122 | $1,248 | $104 |
| Lancer RALLIART | $268 | $510 | $406 | $24 | $122 | $1,330 | $111 |
| Lancer Sportback Ralliart | $268 | $510 | $406 | $24 | $122 | $1,330 | $111 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Rate quotes do not factor in specific zip code location which can change price quotes greatly.
We can derive from the above data that using a $250 deductible costs about $37 more each month or $444 for a full year than opting for the higher $1,000 deductible. Because you would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 20 months between claim filings, you would probably come out ahead if you elect the higher deductible.
Violations and accidents raise rates
The information below highlights how traffic violations and at-fault accidents can affect Mitsubishi Lancer insurance costs for each age group. The rate quotes are based on a single female driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.
Mitsubishi Lancer insurance costs by gender and age
The example below visualizes the comparison of Mitsubishi Lancer auto insurance costs for male and female drivers. The prices are based on a clean driving record, no claims, full coverage, $250 deductibles, single marital status, and no other discounts are factored in.
Situations that may require an agent’s advice
When buying the best auto insurance coverage, there really isn’t a “best” method to buy coverage. Your needs are unique to you and your auto insurance should unique, too.
These are some specific questions may help highlight if you will benefit from professional help.
- What is an umbrella policy?
- Is my cargo covered for damage or theft?
- Is my trailer covered?
- Do I have ACV or replacement cost coverage?
- Do I have coverage when using my vehicle for my home business?
- Do I really need UM/UIM coverage?
- Am I covered when driving in Canada or Mexico?
- If I drive on a suspended license am I covered?
- How can I force my company to pay a claim?
- Why do I need rental car insurance?
If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Insurance agent or online?
A lot of people still prefer to talk to an insurance agent and that is a personal choice. One of the great benefits of comparing rates online is the fact that drivers can get cheap auto insurance quotes but also keep your business local.
After filling out this quick form, your insurance data is sent to local insurance agents in Baltimore who want to provide quotes to get your business. There is no reason to do any legwork as quotes are delivered to your email. You can find the lowest rates without requiring a lot of work. If you have a need to get a price quote for a specific company, you just need to visit that company’s website to submit a rate quote request.
Finding the right provider is decision based upon more than just a cheap quote. The answers to these questions are important, too.
- Do you qualify for any additional discounts?
- Is there a Errors and Omissions policy in force?
- Is the coverage adequate for your vehicle?
- Will they take your side in the event of a claim?
- How much training do they have in personal risk management?
- Do they have designations such as AIC, CPCU, or CIC?
- Can you use your own choice of collision repair facility?
- If your car is totaled, how to they determine the replacement cost?
Pick the best car insurance agent in Baltimore for you
When looking for a reputable insurance agent or broker, you must know there are a couple different types of agents and how they can quote your rates. Agencies in Baltimore are classified as either exclusive or independent (non-exclusive).
Exclusive Insurance Agents
Agents that elect to be exclusive normally can only provide a single company’s rates like Farmers Insurance, Allstate, or State Farm. They generally cannot compare rates from other companies so they are skilled at selling on more than just price. Exclusive insurance agents are usually well trained on their company’s products which helps overcome the inability to quote other rates. Consumers frequently buy insurance from these agents mainly due to the prominent brand name rather than having low rates.
The following are Baltimore exclusive agents who can help you get rate quotes.
- GEICO Insurance Agent
7915 Belair Rd – Baltimore, MD 21236 – (410) 882-8200 – View Map - Valerie Cherry – State Farm Insurance Agent
6800 York Road – Baltimore, MD 21212 – (410) 435-6600 – View Map - Anthony Walker Sr. – State Farm Insurance Agent
8641 Loch Raven Blvd #2d – Baltimore, MD 21239 – (410) 663-8888 – View Map
Independent Agents (or Brokers)
These type of agents are not limited to a single company and that is an advantage because they can write policies amongst many companies depending on which coverage is best. If they find a cheaper price, your agent can switch companies which makes it simple for you.
If you are comparing auto insurance prices, you absolutely need to include multiple independent agents in order to have the best price comparison. Many write coverage with less well-known companies which can save you money.
The following is a list of independent agents in Baltimore who can help you get price quotes.
- Allied Insurance Agency
7840 Eastern Ave – Baltimore, MD 21224 – (410) 282-1111 – View Map - Kirby Insurance Agency, Inc.
14 W Saratoga St #100 – Baltimore, MD 21201 – (410) 837-2320 – View Map - Nationwide Insurance: Bruce Cohee Agency Inc
502 Baltimore Ave – Towson, MD 21204 – (410) 823-8777 – View Map
Best auto insurance company in Baltimore
Picking a good quality insurer can be rather challenging considering how many companies there are to choose from in Maryland. The rank data listed below could help you choose which coverage providers you want to consider when looking for cheaper rates.
Top 10 Baltimore Car Insurance Companies Ranked by Claims Service
- Travelers
- Nationwide
- Allstate
- State Farm
- Liberty Mutual
- GEICO
- American Family
- Esurance
- Titan Insurance
- AAA Insurance
Top 10 Baltimore Car Insurance Companies Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
Get the best coverage at the lowest price
More affordable insurance in Baltimore is possible both online and from local agencies, so get free Baltimore auto insurance quotes from both of them so you have a total pricing picture. A few companies may not provide rates over the internet and usually these small insurance companies work with independent agencies.
As you shop your coverage around, it’s a bad idea to buy less coverage just to save a little money. In too many instances, drivers have reduced collision coverage and learned later that it was a big error on their part. Your aim should be to get the best coverage possible at the lowest possible cost, but do not skimp to save money.
Steps to buying discount Mitsubishi Lancer insurance in Baltimore
The best way to get discount Mitsubishi Lancer insurance is to begin comparing prices regularly from insurance carriers in Baltimore.
- Get an understanding of coverages and the measures you can take to drop your rates. Many risk factors that result in higher rates like traffic violations, accidents, and an imperfect credit history can be controlled by improving your driving habits or financial responsibility.
- Quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like GEICO or Allstate, while independent agents can provide prices from multiple companies. View rates
- Compare the quotes to your existing rates and see if there is a cheaper rate in Baltimore. If you find a lower rate, verify that coverage does not lapse between policies.
- Provide notification to your current agent or company to cancel your current car insurance policy and submit a signed application and payment to your new insurance company. Once received, place your new certificate verifying coverage in your glove compartment.
One bit of advice is to compare the same physical damage deductibles and liability limits on each quote and and to compare all possible companies. This helps ensure a fair rate comparison and plenty of rates choose from.
More detailed insurance information is located at these sites:
- What Does No-Fault Insurance Cover? (Allstate)
- Who Has the Cheapest Auto Insurance for Low Mileage Drivers in Baltimore? (FAQ)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Teen Driver Statistics (Insurance Information Institute)
- All About Airbag Safety (State Farm)