Cheapest Pontiac Vibe Insurance in Baltimore

Everyone knows that auto insurance companies don’t want you quoting rates from other companies. Drivers who compare rates once a year will presumably buy a new policy because there is a good chance of finding a cheaper policy. A study showed that drivers who made a habit of comparing rate quotes saved on average $3,500 over four years as compared to drivers who never shopped around for better prices.

If finding the most affordable Pontiac Vibe insurance in Baltimore is your target objective, then understanding how to choose a company and compare insurance rates can help simplify the process.

The recommended way to get affordable Pontiac Vibe insurance in Baltimore is to begin comparing prices regularly from providers who sell insurance in Maryland.

First, try to comprehend auto insurance and the things you can control to drop your rates. Many policy risk factors that cause high rates such as at-fault accidents, speeding tickets, and a substandard credit score can be amended by making small lifestyle or driving habit changes. Keep reading for additional ideas to help keep prices low and get additional discounts that may be available.

Second, quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from a single company like Progressive or Allstate, while independent agencies can give you price quotes from multiple sources.

Third, compare the new rate quotes to your existing rates to see if you can save by switching companies. If you find better rates and change companies, make sure the effective date of the new policy is the same as the expiration date of the old one.

An important bit of advice to remember is to make sure you’re comparing similar coverage information on each quote and and to look at as many carriers as you can. This provides an apples-to-apples comparison and a complete price analysis.

The goal of this article is to let you in on how to compare rates easily and some money-saving tips. If you have car insurance now, you will definitely be able to buy cheaper car insurance using these tips. Nevertheless, Maryland drivers must comprehend how big insurance companies determine premium rates because rates are impacted by many factors.

Affordable Pontiac insurance prices in Baltimore

The following companies are ready to provide quotes in Maryland. If you want cheap car insurance in Baltimore, MD, it’s highly recommended you visit as many as you can to get a more complete price comparison.

Facts and figures for Pontiac Vibe insurance

The price information shown next highlights estimates of insurance prices for Pontiac Vibe models. Being able to understand how insurance quotes are calculated is important for drivers to make smart choices when selecting a coverage provider.

Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Rate information does not factor in specific location information which can modify insurance rates considerably.

Rate comparison for different deductibles

One common question asked by Baltimore drivers is which deductible level should you buy. The following tables highlight the price difference between low and high comp and collision deductibles. The first data set uses a $250 deductible for comp and collision and the second rate table uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Premium costs do not factor in garaging location in Baltimore which can change coverage prices substantially.

Based on the above data, using a $250 deductible will cost you roughly $16 more each month or $192 every year than choosing the higher $500 deductible. Due to the fact that you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you have more than 16 months between claim filings, you would more than likely save some money if you decide on a higher deductible.

The illustration below demonstrates how choosing different deductibles and can raise or lower Pontiac Vibe insurance rates for each different age category. The information is based on a married male driver, comp and collision included, and no other discounts are factored in.

How accidents and tickets impact rates

The information below shows how speeding tickets and at-fault accidents can affect Pontiac Vibe insurance costs for different ages of insureds. The information is based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.

Full coverage or liability only

The information below shows the comparison of Pontiac Vibe insurance premiums with full physical damage coverage compared to only buying the minimum liability limits required in Maryland. The price estimates are based on no accidents, no driving violations, $1,000 deductibles, single status, and no discounts are applied to the premium.

When to stop buying comprehensive and collision coverage

There is no exact rule of when to phase out physical damage insurance, but there is a broad guideline. If the annual cost of having full coverage is more than about 10% of the replacement cost minus the deductible, then you might consider buying liability only.

For example, let’s assume your Pontiac Vibe replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, you would only receive $2,000 after paying your deductible. If you are paying in excess of $200 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some circumstances where buying only liability insurance is not recommended. If you still have a loan on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.

Do you qualify for discounts?

Insurance is neither fun to buy or cheap, but you can get discounts that you may not even be aware of. Certain reductions will be credited at quote time, but lesser-known reductions have to be manually applied before being credited. If they aren’t giving you every credit you qualify for, you may be paying too high a price.

• Full Payment Discount – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
• Good Grades Discount – Getting good grades can be rewarded with saving of up to 25%. Most companies allow this discount up until you turn 25.
• Low Mileage Discounts – Keeping the miles down on your Pontiac may allow you to get discounted premium rates on garaged vehicles.
• Federal Employees – Employees or retirees of the government can earn a discount up to 10% depending on your company.
• Theft Prevention Discount – Anti-theft and alarm system equipped vehicles are stolen with less frequency and that can save you a little bit as well.

As a sidenote, some credits don’t apply to the entire policy premium. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, insurance companies aren’t that generous.

The diagram below visualizes the comparison of Pontiac Vibe premium costs with and without some available policy discounts. The data assumes a male driver, no accidents, no driving violations, Maryland state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, marriage, multi-policy, homeowner, and claim-free discounts applied.

To view companies that can offer you the previously mentioned discounts in Baltimore, click here to view.

What insurance coverages do I need?

When selecting a policy, there is no “best” method to buy coverage. Every situation is different.

For instance, these questions may help highlight if your situation could use an agent’s help.

• What is glass protection for?
• Why do I need rental car insurance?
• Should I sign the liability waiver when renting a car?
• At what point should I drop full coverage?
• Can I make deliveries for my home business?
• Why does it cost so much to insure a teen driver in Baltimore?
• What is roadside assistance coverage?
• Will my Pontiac Vibe be repaired with OEM or aftermarket parts?
• Who is covered by my policy?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form.

Local Baltimore auto insurance agents and car insurance

Some consumers still like to have an agent’s advice and that is not a bad decision One of the great benefits of comparing rate quotes online is that you can obtain cheaper rates and still buy from a local agent. Supporting local agencies is important especially in Baltimore.

By using this simple form, the coverage information is transmitted to local insurance agents who want to provide quotes and help you find cheaper coverage. It’s much easier because you don’t need to contact any agents as quotes are delivered immediately to you. It’s the lowest rates and a licensed agent to talk to. In the event you want to compare prices for a specific company, just visit that company’s website and fill out the quote form the provide.

If you’re trying to find a reputable agency, it helps to know the two different agency structures that you can select. Car insurance agents are considered either independent or exclusive depending on the company they work for.

Independent Agents (or Brokers)

Independent agents are normally appointed by many insurers and that enables them to quote your coverage with a variety of different insurance companies depending on which coverage is best. If you are not satisfied with one company, they simply switch companies in-house and you can keep the same agent. If you are comparing car insurance prices, you should always compare prices from several independent insurance agents so that you have a good selection of quotes to compare.

Below are Baltimore independent insurance agents that can give you cheap rate quotes.

More insurance agents

Exclusive Agents

Agents in the exclusive channel can only place business with one company and some examples include State Farm, Allstate and AAA. Exclusive agents cannot provide other company’s prices so always compare other rates. They are usually quite knowledgeable on sales techniques which can be an advantage.

The following is a short list of exclusive agencies in Baltimore who can help you get rate quotes.

More insurance agents

Picking the best auto insurance agent should depend on more than just a cheap price quote. Ask your prospective agent these questions:

• Which company do they place the most coverage with?
• Do they have a Better Business Bureau rating in Baltimore?
• Does the agency have a current Errors and Omissions policy?
• Are they paid to recommend certain coverages?
• What insurance companies do they work with in Baltimore?

Ratings for Maryland auto insurance companies

Selecting a highly-rated company can be a challenge considering how many different companies sell coverage in Maryland. The information listed below could help you decide which coverage providers you want to consider comparing rate quotes with.

Top 10 Baltimore Car Insurance Companies Ranked by Value

1. Mercury Insurance
2. Travelers
3. American Family
4. AAA Insurance
5. Safeco Insurance
6. Progressive
7. The Hartford
8. The General
9. 21st Century
10. Esurance

More comparisons equals affordable rates

While you’re price shopping online, make sure you don’t skimp on critical coverages to save a buck or two. In many cases, an insured dropped physical damage coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase plenty of coverage at the lowest possible cost, but don’t skip important coverages to save money.

Consumers switch companies for a variety of reasons including delays in responding to claim requests, being labeled a high risk driver, denial of a claim or even policy non-renewal. No matter why you want to switch, finding a new company is not as difficult as it may seem.

We’ve covered a lot of techniques to compare Pontiac Vibe insurance premium rates in Baltimore. The key thing to remember is the more quotes you get, the better likelihood of getting the cheapest Pontiac Vibe rate quotes. Consumers could even find that the lowest premium rates come from some of the smallest insurance companies.

For more information, take a look at the following helpful articles:

• Side Impact Crash Tests (iihs.org)
• Who Has Cheap Baltimore Auto Insurance Quotes for High Risk Drivers? (FAQ)
• What Car Insurance is Cheapest for a Toyota Corolla in Baltimore? (FAQ)
• If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
• Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
• Teen Driver Licensing Information (iihs.org)