| In Maryland there are three different types of | | | | Older drivers, those 55 or older may have noticed |
| automobile insurance that you are required to | | | | that their automobile insurance rates have begun |
| have before you can drive any motorized vehicle | | | | creeping up. Ask your insurance agent if your |
| on any public Maryland road: you must have | | | | insurance company offers a driver's refresher |
| liability insurance, uninsured motorist (UM) insurance | | | | course. Many companies will lower your premiums |
| and you must have personal injury protection | | | | by up to 10% if you successfully pass such a |
| (PIP) insurance. | | | | course. |
| As you can imagine, paying for even these three | | | | If your vehicle is older or in beat-up shape and |
| basic forms of automobile insurance in Maryland | | | | has little or no Kelly Blue Book value then there's |
| can be fairly costly, but if your vehicle is being | | | | no point in paying for comprehensive and collision |
| financed then your financing company will require | | | | coverage since your insurance company will pay |
| that you also carry collision insurance plus | | | | little or nothing on these coverages even if you |
| comprehensive insurance. And depending on how | | | | do carry them. |
| new your vehicle is and its value, you may be | | | | Probably the area where you have the most |
| required to carry more insurance than the state's | | | | control over your automobile insurance costs is |
| minimum requirements. | | | | your deductible. Your deductible is the amount of |
| All of this can drive the cost of insuring your | | | | money you promise to pay out of your own |
| automobile out of reach for many people. | | | | pocket any time you make a claim. The more |
| Fortunately there are a few steps you can take | | | | you are willing to pay - in other words, the higher |
| to reduce your cost of automobile insurance. | | | | your deductible - and the less your insurance |
| Start by keeping your driving record clean. | | | | company has to pay, then the lower your |
| Basically this means that every time you get | | | | monthly premiums will be. |
| behind the wheel of your vehicle you drive in a | | | | Now that you've set up a policy with all of the |
| safe and legal manner. If you are caught speeding | | | | necessary parameters for low premiums, it's time |
| and get a ticket your automobile insurance rates | | | | for you to jump online and start comparing |
| are going to go sky-high. | | | | policies and prices from a variety of different |
| Similarly, if you are convicted of drunken or | | | | automobile insurance companies at a few of the |
| impaired driving your rates will skyrocket and stay | | | | many sites specially set-up for making |
| high for years to come. | | | | comparisons. |
| Multiple accidents will also cause your rates to rise. | | | | Since no one site compares all of the automobile |
| If you're young, under 25, then you already know | | | | insurance companies in Maryland it is an excellent |
| that your automobile insurance rates are high. If | | | | idea to fill out all of the information on at least |
| you're in school stay in school and study hard. | | | | two and preferably three different comparison |
| Students who can maintain a "B" grade point | | | | sites. In this way you will be virtually certain of |
| average or better can qualify for a Good Student | | | | getting the cheapest automobile insurance that |
| Discount on their car insurance. This usually | | | | you can possible find online in the state of |
| translates into a savings of about 5% per month. | | | | Maryland. |