Best Cheap Car Insurance Quotes After a Speeding Ticket in Maryland

Whenever people write about car insurance, the word “cheap” shouldn’t be used anywhere in the article as a descriptor for auto insurance rates. Despite the oxymoron, cheap auto insurance after a speeding ticket does not exist. Don’t let that ruin your day, because there may be ways you can quote car insurance that you can afford.

After a few driving violations, one of the big factors that play a part in determining the policy price is where you live in Maryland. Cities that have higher claim levels or more people like Baltimore, Dundalk, and Silver Spring tend to have higher auto insurance costs, whereas areas with less traffic congestion and claims get the luxury of paying less.

The next table shows the highest-priced areas in Maryland after a speeding ticket to purchase car insurance in.

Rates are approximated as the specific geographic location can affect premiums noticeably.

The car, truck, or SUV needing coverage is one of the biggest factors when shopping around for the best cheap car insurance after a speeding ticket in Maryland. Vehicles with higher performance characteristics, a lack of modern safety features, or a track record of large liability claims will cost more to insure than more economical and safe models.

The table below outlines coverage rates for a handful of the most economical automobiles to insure.

Price data assumes married female driver age 50, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, and multi-policy. Price estimates do not factor in your specific Maryland location which can decrease or increase rates significantly.

By looking at the data, makes and models like the Chevrolet Traverse, Hyundai Elantra, Ford Escape, and Jeep Wrangler are most likely going to be the more affordable vehicles to insure after a few driving violations.

Finding reliable, affordable auto insurance is hard enough, and finding out which insurers offer the lowest-priced insurance rates after a speeding ticket may require even more perseverance.

Each auto insurer uses a slightly different approach to set policy rates, so first let’s look at the rankings for the most budget-friendly insurance companies in Maryland. It’s important to understand that Maryland insurance rates are impacted by many factors that may substantially change the policy premium. Improving your financial situation, marrying your spouse, or getting a ticket for careless driving can produce rate changes resulting in some companies being more affordable than others.

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USAA offers some of the cheapest car insurance rates in Maryland at around $958 per year. Liberty Mutual, Penn National, Erie, and State Auto also are some of the cheapest Maryland auto insurance companies.

As depicted above, if you are a policyholder with Liberty Mutual and switched to USAA, you may realize a yearly savings of about $167. Insureds with Penn National could save as much as $168 a year, and Erie customers might reduce prices by as much as $191 a year.

To see if your current coverage is too expensive, click here or visit several of the following companies.

It’s important to note that these premiums are averaged across all drivers and vehicles and and are not figured with a rate discount after a speeding ticket. So the car insurance company that fits your situation best may not even be included in the list above. That helps illustrate why you need to compare as many prices as possible using your own personal information and vehicle type.

Buying coverage from the right insurance provider can be difficult considering how many companies are available to choose from in Maryland. The ranking data shown next can help you choose which car insurance providers to look at putting your business with. These rankings are for the largest companies in America, so companies that focus mainly on Maryland business are not taken into consideration for the list.

The chart below shows how choosing a deductible can change insurance premiums when getting quotes for cheap insurance after a speeding ticket. The price estimates are based on a married female driver, comp and collision included, and no discounts are applied.

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The data above shows that a 50-year-old driver could save $278 a year by switching from a $100 deductible to a $500 deductible, or save $420 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old example, could roll back prices as much as $690 annually by choosing a higher deductible.

When insureds make the decision to increase the deductibles on their policy, it will now be necessary to have plenty of money set aside to cover the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

How to get the best cheap car insurance after a speeding ticket in Maryland

The list below details some of the recommended thrifty solutions that can help Maryland drivers find low-cost coverage.

• Violations like speeding or DUI increase rates
• Buy your auto and home insurance from the same company and save
• Buy a safer vehicle
• Accident-free drivers may qualify for discounts
• Avoid filing small claims
• Compare rates once a year for cheaper prices

The last item on the list is certainly necessary, as we hit on in this piece. Auto insurance rates change a lot, so don’t be hesitant to change to a new company if a cheaper rate is available. We understand brand loyalty, but is isn’t recommended if it’s costing you lots of hard earned cash every month. If you have a few minutes, now is a great time to compare rates to find cheaper car insurance after a speeding ticket.

Best cheap insurance quotes after a few driving violations

You have a lot of ways to get cheap insurance quotes in Maryland, but the most frequently used methods are using a captive (or exclusive) agent like Allstate or State Farm, an independent agent, or buying direct from a company like Progressive or Geico.

All three ways can provide insurance quotes, but they differ in how they provide rate quotes.

Independent agencies work with multiple companies and can compare coverage rates with each one. Agents of this type are not employed by only one company and can compare multiple rates, which can give you improved odds of finding cheaper coverage. If premiums increase, an independent agent can move your coverage and you don’t have to do anything.

An agent who is captive is only able to write business for a single insurance company, two examples being a State Farm or Liberty Mutual agent. Exclusive agents are unable to quote prices from more than a single company, so drivers will want to get other quotes as well.

If you buy direct, you bypass either of the other two types of agents and instead shop from a direct company like Esurance. This insurance option may be preferred by families who do not need advice for asset protection and have some degree of understanding of the limitations of their policy.

Which way is best to buy the best cheap car insurance after a speeding ticket in Maryland? We’d like to say buying from a direct company saves money since that prevents the need to pay agent commissions, but that generally is not the case. We’d also like to say an independent agent results in the best rates because they can shop around, but that is not necessarily true either. In many circumstances, the exclusive agents have price quotes that are impossible to beat.

Because it’s impossible to say who has the best insurance rates, really the only way to ensure the lowest rates is to get quotes and compare. Experts recommend getting price quotes all three ways to have the best rate selection. We compiled a list of companies with some of the cheapest online rates that you can click here to view.