Anything can happen out there on the road. Carrying vehicle insurance brings a measure of confidence that motorists and their passengers will be taken care of whatever the situation. Contrary to popular belief, this protection does not have to cost an arm and a leg to obtain. Cheap car insurance in Baltimore MD is available from many providers and Marylandcarinsurancequotes.org is your ticket to finding them. Our quote generator will help you shop for the lowest rates on offer.
Average Baltimore Auto Insurance Quotes — Save Up to $794 Annually
Baltimore is a great town but insurance rates here can be prohibitive. For instance, the average annual payment is an eye-popping $2,497 and that has got to hurt the household budget. Compared to its neighbors, Baltimore pays 7.84% higher than Baltimore City County and a full 40% higher than the entire state of Maryland. Most inhabitants will probably welcome any form of relief from this oppressive cost.
Insurance Factors — Why is it so expensive in Baltimore?
In order to bring the cost down, we must pinpoint the factors that contribute to such elevated rates for the city as a whole. After which, we can focus more on personal factors like driving violations, car condition, credit scores, and the like. Let’s start with these four important issues and study the current data behind them:
- Location — Baltimore is inhabited by 620,560 people according to the 2011 survey. That is a fairly large number considering that its land area is only 80 square miles. Population density ends up at a high 7,680 per sq mi. No doubt that this is one of the reasons for the soaring rates in the city. Providers charge more in dense areas because these typically have more reported cases of theft and accident compared to smaller and quieter towns.
- Driving To Work — Commuting to work in Baltimore generally takes over half an hour — 31.1 minutes, to be exact. Shorter commute times lead to lower premiums because you are less exposed to road dangers. This same reasoning makes it more sensible to drive during off-peak hours. According to the 2009 data, the fatal accident count in the city was 5.8 per 100,000 and a portion of these happened during rush hour. So go out there when the road is not too crowded. Not only do you save yourself from the stress of horrible traffic, you also make yourself eligible to receive insurance discounts.
- Auto Thefts — There were 4,199 incidents of car theft in Baltimore recorded in 2011. This is the lowest it’s has been for the last decade but the volume is still substantial and should serve to remind residents to step up their security arrangements. Equipping the car with alarms and locks may not sound like much but those are usually enough to spook the thieves and send them away.
- Education — Of the Baltimore residents ages 25 and above, 19.1% have been found to possess a bachelor’s degree or higher. Their educational attainment may entitle them to insurance discounts.
Due to the soaring prices in the city, many inhabitants yearn for cheap auto insurance in Baltimore MD. We can help by providing you with the freshest quotes from providers so you can compare plans effortlessly. Use our search tool now and get the best value for your money.Maryland Gov Website
Maryland Insurance Administration