Truthfully, the best way to get cheaper Honda HR-V insurance in Baltimore is to compare prices once a year from companies who can sell car insurance in Maryland. You can compare rates by completing these steps.
- Read and learn about coverages and the modifications you can make to lower rates. Many rating criteria that cause rate increases such as tickets, at-fault accidents, and an unacceptable credit rating can be rectified by making minor driving habit or lifestyle changes.
- Quote rates from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from one company like GEICO or Farmers Insurance, while agents who are independent can quote rates from multiple companies.
- Compare the new rates to the premium of your current policy to see if a cheaper price is available in Baltimore. If you can save money and make a switch, ensure there is no coverage lapse between policies.
- Provide written notification to your current company to cancel your current policy. Submit the required down payment along with the signed application to your new carrier. As soon as you can, safely store the certificate of insurance in an easily accessible location.
One thing to point out is to try to compare similar deductibles and liability limits on each quote and and to get prices from as many carriers as you can. Doing this guarantees the most accurate price comparison and a complete rate analysis.
It’s a fact that insurance companies don’t want their policyholders to compare prices. Insureds who perform rate comparisons will presumably buy a new policy because there is a good probability of finding a policy with more affordable rates. A survey found that drivers who regularly compared price quotes saved as much as $3,450 over four years as compared to drivers who never compared prices.
If finding discount rates on Honda HR-V insurance is why you’re reading this, then having some insight into how to quote prices and compare coverages can help make the process easier.
To find the best insurance rates, there are several ways to compare prices from local Baltimore insurance companies. By far the easiest way to find the lowest Honda HR-V rates is to get quotes online. When price shopping your coverage, having more price comparisons helps locate a lower rate than you’re paying now.
The companies in the list below are ready to provide free rate quotes in Baltimore, MD. To get cheap auto insurance in MD, we recommend you compare several of them in order to find the most competitive rates.
Insurance protects more than just your car
Even though Baltimore HR-V insurance rates can get expensive, maintaining insurance serves an important purpose.
First, the majority of states have mandatory insurance requirements which means the state requires specific limits of liability insurance coverage in order to be legal. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you took out a loan on your vehicle, more than likely the lender will stipulate that you have physical damage coverage to guarantee loan repayment. If the policy lapses, the lender may insure your Honda at an extremely high rate and require you to pay the higher price.
Third, insurance protects your Honda and your assets. It will also cover medical bills that are the result of an accident. Liability insurance, one of your policy coverages, will also pay to defend you if you are sued as the result of an accident. If your Honda gets damaged, collision and comprehensive coverages will pay to have it repaired.
The benefits of insuring your HR-V are without a doubt worth the cost, especially for larger claims. Despite what companies tell you, the average driver is currently overpaying as much as $865 each year so shop around once a year at a minimum to save money.
Discount Baltimore car insurance rates
Insuring your fleet can be pricey, but companies offer discounts that many people don’t even know exist. Certain reductions will be credited when you complete an application, but once in a while a discount must be specially asked for before you will receive the discount.
- Paperless Signup – Some of the larger companies will provide an incentive simply for signing on the web.
- Anti-lock Brake Discount – Cars, trucks, and SUVs that have anti-lock braking systems have fewer accidents and will save you 10% or more on HR-V insurance in Baltimore.
- Organization Discounts – Affiliation with qualifying employment or professional organizations is a simple method to lower premiums on your next car insurance statement.
- Driver Safety – Successfully completing a safe driver class may get you a small discount and make you a better driver.
- College Student – College-age children who are enrolled in a college that is more than 100 miles from Baltimore and do not take a car to college could qualify for this discount.
- Good Driver Discount – Insureds without accidents may save up to 50% more than drivers with accidents.
- Early Signing – Some insurance companies reward drivers for buying a policy early. Ten percent is about the average savings.
- Discounts for Federal Employees – Federal government employees may reduce rates when you quote Baltimore auto insurance depending on your company.
- Discount for Multiple Policies – If you can bundle your auto and home insurance with one company you will save at least 10% off all policies.
It’s important to understand that most discount credits are not given to all coverage premiums. Some only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like all the discounts add up to a free policy, car insurance companies aren’t that generous. Any qualifying discounts will definitely lower your policy premium.
To locate companies that offer some of these discounts in Maryland, follow this link.
Maryland car insurance companies ranked
Ending up with a good quality insurance provider can be difficult considering how many different insurance companies sell coverage in Baltimore. The company ratings listed below may help you choose which car insurance companies you want to consider comparing rates with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies