It’s hard to fathom, but most Maryland car insurance customers kept buying from the same company for at least the last four years, and approximately 40% of consumers have never even shopped around for lower-cost coverage. U.S. drivers could save as much as $850 each year just by getting comparison quotes, but they just don’t understand the amount of savings they would get if they changed companies.
The preferred way to find the cheapest price for auto insurance rates in Baltimore is to compare prices at least once a year from insurance carriers who provide car insurance in Maryland. Rates can be compared by following these steps.
First, gain an understanding of how your policy works and the modifications you can make to drop your rates. Many rating factors that are responsible for high rates such as at-fault accidents and an unacceptable credit history can be improved by making lifestyle changes or driving safer. Later in this article we will cover information to get lower rates and find discounts that you may qualify for.
Second, quote rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give rate quotes from a single company like GEICO or State Farm, while agents who are independent can quote prices for a wide range of insurance providers.
Third, compare the new rate quotes to your existing coverage to see if a cheaper price is available in Baltimore. If you find a lower rate quote and decide to switch, ensure coverage does not lapse between policies.
The key thing to know about shopping around is to make sure you’re comparing the same level of coverage on every quote and and to get price estimates from as many companies as feasibly possible. This helps ensure an apples-to-apples comparison and a thorough selection of prices.
Companies offering cheap Volkswagen Touareg rates in Baltimore, MD
The auto insurance companies shown below provide comparison quotes in Baltimore, MD. In order to find cheap auto insurance in Baltimore, we recommend you click on several of them to get the best price comparison.
Volkswagen Touareg coverage analysis
The premium table displayed next covers a range of insurance policy prices for Volkswagen Touareg models. Being able to understand how auto insurance policy rates are established is important for you to make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $314 | $666 | $492 | $30 | $148 | $1,650 | $138 |
| Touareg 3.6 AWD 4-Dr | $314 | $666 | $492 | $30 | $148 | $1,650 | $138 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Rate information does not factor in specific location information which can lower or raise auto insurance rates greatly.
How high should deductibles be?
When shopping for auto insurance, a common question is which comprehensive and collision deductibles to buy. The rates shown below sum up the cost difference between high and low physical damage deductibles. The first set of rates uses a $100 deductible for physical damage and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $440 | $856 | $406 | $24 | $122 | $1,873 | $156 |
| Touareg 3.6 AWD 4-Dr | $440 | $856 | $406 | $24 | $122 | $1,873 | $156 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $320 | $578 | $406 | $24 | $122 | $1,450 | $121 |
| Touareg 3.6 AWD 4-Dr | $320 | $578 | $406 | $24 | $122 | $1,450 | $121 |
| 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 homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in Baltimore location which can change coverage rates considerably.
Based on this data, using a $100 deductible costs about $35 more each month or $420 for a full year than buying the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you usually have more than 11 months between claims, you would more than likely save some money going with the higher deductible.
The chart below highlights how deductible selection and can increase or decrease Volkswagen Touareg insurance rates for different ages of insureds. The prices are based on a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Volkswagen Touareg liability-only versus full coverage
The illustration below compares Volkswagen Touareg insurance costs with liability coverage only compared to full coverage. The prices are based on no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are taken into consideration.
When to drop comp and collision
There is no clear-cut formula of when to eliminate physical damage insurance, but there is a broad guideline. If the yearly cost for physical damage coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Volkswagen Touareg replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after you pay the deductible. If you are paying in excess of $800 annually for your policy with full coverage, then it might be time to buy liability only.
There are some scenarios where dropping full coverage is not financially feasible. If you still owe money on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should not opt for liability only.
Don’t overlook these Volkswagen Touareg insurance discounts
Insurance is neither fun to buy or cheap, but there’s a good chance there are discounts that many people don’t even know exist. Certain credits will be shown at quote time, but some may not be applied and must be asked about before you will receive the discount.
- Multiple Policy Discount – If you combine your homeowners and auto policies with the same insurance company you may earn nearly 15% which can help you find inexpensive Volkswagen Touareg insurance in Baltimore.
- Theft Deterrent Discount – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems can help prevent theft so companies will give you a small discount.
- Claim Free – Insureds with no claims or accidents can save substantially when compared to accident-prone drivers.
- Paperwork-free – A handful of insurance companies will provide an incentive shop Baltimore car insurance on their website.
- Multi-Vehicle Discounts – Buying a policy with all your vehicles with the same company can get a discount for every vehicle.
- Drivers Education – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
One last thing about discounts, most discounts do not apply to your bottom line cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. Even though it appears you can get free auto insurance, it doesn’t quite work that way.
The illustration below visualizes the comparison of Volkswagen Touareg insurance rates with and without discounts applied to the rates. Data assumes a male driver, a clean driving record, no claims, 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 marriage, homeowner, claim-free, multi-car, multi-policy, and safe-driver discounts applied.
A partial list of companies that may offer policyholders these discounts possibly include:
Check with each insurance company which discounts you may be entitled to. Some of the discounts discussed earlier might not be available to policyholders in Baltimore.
How much insurance do I need?
When it comes to choosing adequate coverage, there really is not a one size fits all plan. Everyone’s situation is a little different.
Here are some questions about coverages that can aid in determining if your situation might need professional guidance.
- Do I need special coverage while pulling a rented trailer?
- Is my Volkswagen Touareg covered for smoke damage?
- Am I covered when delivering products for my home-based business?
- Which companies will insure high-risk drivers?
- Is a driver training discount available?
- Is there coverage for injuries to my pets?
- Can I get by with minimal medical coverage if I have good health insurance?
- Is my custom paint covered by insurance?
- What is the difference between comprehensive and collision coverage?
If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form. It’s fast, free and can help protect your family.
Should I contact an insurance agency?
A lot of people just want to talk to an insurance agent and that can be a smart move Professional agents will help you protect your assets and help you file claims. One of the great benefits of comparing rate quotes online is you can get cheap rate quotes and still have a local agent.
To find an agent, once you fill out this quick form, your insurance data gets sent to local insurance agents that give free quotes and help you find cheaper coverage. It makes it easy because there is no need to leave your house because quoted prices will be sent to your email. In the event you want to get a comparison quote from a specific company, you can always jump over to their website to submit a rate quote request.
Choosing a insurer requires more thought than just the quoted price. Here are some questions to ask:
- Is working in the agency their full-time job?
- How much training do they have in personal risk management?
- Do they assist clients in filing claims?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Is the quote a firm price?
- Will they give you a referral list?
- Do they offer rental car reimbursement?
If you’re trying to find a local agent, there are a couple of different types of agencies to choose from. Insurance agencies in Baltimore can be described as either independent or exclusive depending on the company they work for. Both can sell affordable auto insurance policies, but it’s a good idea to understand the difference in how they write coverage since it may influence buying decisions.
Exclusive Insurance Agents
Exclusive agents normally can only provide a single company’s rates and some examples include State Farm, Allstate, and Farm Bureau. They usually cannot provide prices from multiple companies so they are skilled at selling on more than just price. Exclusive insurance agents are well trained on their company’s products and that can be a competitive advantage. Some consumers prefer to buy from the same agent for years mostly because of high brand loyalty rather than low price.
The following is a short list of exclusive agencies in Baltimore who can help you get rate quotes.
- Valerie Cherry – State Farm Insurance Agent
6800 York Road – Baltimore, MD 21212 – (410) 435-6600 – View Map - Natasha Parker – State Farm Insurance Agent
617 Stemmers Run Rd, Ste AA – Baltimore, MD 21221 – (410) 238-0071 – View Map - Kennedy Ins Agency – Progressive Insurance
410 Ingleside Ave – Baltimore, MD 21214 – (410) 719-6006 – View Map
Independent Agents
Independent agents are normally appointed by many insurers so they can insure your vehicles with many different companies and possibly get better coverage at lower prices. To move your coverage to a new company, they simply move your policy to a different company and you won’t have to switch agencies.
When comparison shopping, it’s recommended you compare prices from independent agents to get the most accurate price comparison. Most can insure with smaller companies who may have lower rates.
Listed below are independent insurance agents in Baltimore willing to provide price quote information.
- Kirby Insurance Agency, Inc.
14 W Saratoga St #100 – Baltimore, MD 21201 – (410) 837-2320 – View Map - Nationwide Insurance: Robert Frank Stastny
6822 Harford Rd – Baltimore, MD 21234 – (410) 254-1500 – View Map - Austen’s Insurance Inc
3407 Eastern Blvd – Baltimore, MD 21220 – (410) 686-4700 – View Map
Baltimore car insurance companies
Insuring your vehicle with a highly-rated insurer is hard considering how many different companies there are to choose from in Baltimore. The company information in the lists below can help you select which auto insurance companies you want to consider comparing price quotes from.
Top 10 Baltimore Car Insurance Companies Overall
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
Top 10 Baltimore Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- The Hartford – A+
- Allstate – A+
- Nationwide – A+
Cheap rates are available
Budget-friendly auto insurance in Baltimore can be found both online as well as from independent agents in Baltimore, so get free Baltimore car insurance quotes from both of them to get a complete price analysis. Some insurance companies don’t offer rate quotes online and most of the time these small, regional companies only sell through independent insurance agents.
As you go through the steps to switch your coverage, make sure you don’t skimp on critical coverages to save a buck or two. In too many instances, an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to buy the best coverage you can find for the lowest price, but do not sacrifice coverage to save money.
You just learned a lot of information how to shop for Volkswagen Touareg insurance online. The most important thing to understand is the more price quotes you have, the better likelihood of getting inexpensive Baltimore car insurance quotes. Consumers could even find that the biggest savings come from a small mutual company.
Other resources
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Who Has Affordable Baltimore Car Insurance Rates for 17 Year Olds? (FAQ)
- Who Has Cheap Auto Insurance for Teenage Males in Baltimore? (FAQ)
- What is the Cheapest Auto Insurance in Baltimore, Maryland? (FAQ)
- Who Has Cheap Car Insurance for Welfare Recipients in Baltimore? (FAQ)
- Who Has the Cheapest Baltimore Auto Insurance Quotes for a Nissan Altima? (FAQ)
- Cellphones, Texting and Driving (iihs.org)
- Neck Injury FAQ (iihs.org)
- How to Avoid Staged Accidents (State Farm)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)