Cheap Car Insurance for Nurses in Maryland

When the topic is car insurance, the word affordable should not be used anywhere in the article to describe car insurance rates. It’s a simple fact that cheap car insurance for nurses does not exist. But don’t despair, because we can show you some ways you can quote and buy coverage that you can afford.

The make and model of vehicle on the policy is one of the largest considerations when comparing the lowest-priced car insurance for nurses. Vehicles with lots of speed or power, poor crash test ratings, or a high likelihood of having liability claims will cost quite a bit more to insure than more modest models. The tables below ranks auto insurance prices for a handful of the cheapest automobiles to buy insurance for.

Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Table data does not factor in specific zip code location which can impact price quotes considerably.

Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Premium amounts do not factor in specific location information which can influence prices noticeably.

Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in specific zip code location which can lower or raise insurance rates noticeably.

One of the key things that is looked at to help calculate rate quotes is where your residence is. Areas with high crime rates or more dense population like Baltimore, Towson, and Catonsville tend to have more expensive auto insurance rates, whereas areas that tend to be more rural benefit from lower rates.

The following table rates the most costly cities in Maryland for nurses in which to buy car insurance.

Information shown are estimated as the specific garaging location can modify premiums considerably.

Rate comparison of full coverage and liability-only

Finding cheap car insurance for nurses in Maryland should be important to most vehicle owners, and a great way to save on the cost of insurance is to only pay for liability coverage. The information below illustrates the comparison of premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on no claims, a clean driving record, $500 deductibles, marital status is single, and no discounts are applied to the premium.

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If averaged for all ages, physical damage coverage on your policy costs an additional $2,092 per year over and above liability only. Many drivers may wonder if paying for full coverage is a waste of money. There is no definitive formula of when to exclude full coverage on your policy, but there is a general school of thought. If the annual cost of coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s say your vehicle’s claim settlement value is $10,500 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $9,500 after paying your deductible. If premium cost is more than $950 a year for full coverage, then you might want to think about dropping full coverage.

Which car insurance company is best?

When comparing car insurance for health professionals in Maryland, some of the first companies to look at are Geico, Progressive, State Farm, and Allstate. All four can cover your vehicle for liability and physical damage, but each one has different optional coverages and features that may steer you one way or another. The next table illustrates price, claims, and customer service ratings, as well as some optional coverages shoppers can expect to find with each one.