If you want to qualify for the cheapest auto insurance rates in MD, you need to show the insurance company that you present a relatively low risk. To an insurance provider, lower risk drivers are the ones deemed less likely to be involved in accidents or make a claim against their policy.
Newly-licensed drivers are riskier to insure, and pay higher rates than individuals who can point to a history of driving that includes a clean record over several years. Teens and young adults, especially young males, can expect to pay much higher rates than mature drivers do. By the time a driver turns 25, his or her coverage rates should start to come down.
Along with age and how long a particular driver has been licensed, insurance providers also consider marital status. Married drivers can qualify for cheaper auto insurance rates in MD, since providers assume that they are more mature and responsible than their single counterparts. If your marital status has changed recently, be sure to let your auto insurance company know about the change. You may be able to qualify for a discount on the cost of your coverage. Choosing to insure both spouse’s vehicles on the same policy is another money-saving strategy that you may want to consider, since many providers offer multi-vehicle discounts.
One of the best things you can do to get the cheapest auto insurance rates in MD is to shop around. Comparing rates from different providers will help you find the best prices for your personal insurance situation.