Best Cheap Car Insurance Quotes for Unemployed Drivers in Maryland

Anytime the topic is auto insurance, the word affordable shouldn’t be used anywhere in the article as a descriptor for car insurance rates. Nonetheless, cheap auto insurance for unemployed drivers can seem impossible to find. But don’t despair, because we can show you some ways you can find coverage that is cheaper than your current rate.

When buying car insurance for the unemployed, one of the key factors that determine the cost of insurance is where you normally keep your vehicle. More densely populated places like Baltimore, Dundalk, and Essex tend to pay more, whereas areas that tend to be more rural tend to receive slightly lower rates.

The following table lists the most costly cities in Maryland for unemployed drivers to buy car insurance in.

Rate information is estimated as specific Maryland zip code can alter price quotes substantially.

The make and model of vehicle that is being insured is a large consideration when trying to find the most affordable coverage for unemployed drivers. Vehicles with lots of speed or power, poor crash test ratings, or high incidents of liability claims will cost more to insure than more modest models.

The next list showcases auto insurance rates for a handful of the most cost-effective automobiles to buy insurance for.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rates do not factor in your specific Maryland location which can decrease or increase insurance rates substantially.

Based upon the table data, you can expect vehicles like the Subaru Forester, Hyundai Elantra, Honda CR-V, and Ford Edge are most likely going to be some of the most budget-friendly vehicles to insure for the unemployed.

Get discount Maryland insurance

Auto insurance companies that sell the best cheap auto insurance for unemployed drivers in Maryland may have price discounts that could potentially reduce rates by 35% or more if you qualify for them. The best auto insurance companies and a summarized list of policyholder discounts are detailed below.

• Farmers Insurance may include discounts for youthful driver, alternative fuel, teen driver, multi-car, bundle discounts, and business and professional.
• Esurance discounts include homeowner, multi-car, paid-in-full, online shopper, and good driver.
• State Farm has savings for passive restraint, defensive driving training, accident-free, driver’s education, safe vehicle, and good driver.
• GEICO includes discounts for good student, membership and employees, federal employee, daytime running lights, military active duty, and anti-theft.
• Allstate may have discounts that include passive restraint, EZ pay plan discount, good payer, eSmart discount, and resident student.

The illustration below compares auto insurance costs with and without some available policy discounts. Data assumes a female driver, a clean driving record, no at-fault accidents, Maryland state minimum liability limits, full coverage, and $1,000 deductibles.

The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with anti-theft, multiple vehicle, safe-driver, accident-free, passive restraint, and marriage discounts applied. When these discounts are applied to the policy premium, the the average yearly reduction on auto insurance for unemployed drivers is 28% or $454.

Impact of violations and accidents on rates

The easiest method to enjoy the cheapest auto insurance premiums in Maryland for the unemployed is to pay attention while driving and avoid accidents and traffic violations. The diagram below shows how violations and accidents can increase yearly insurance costs for different insured age categories. The premiums are based on a married male driver, comp and collision included, $100 deductibles, and no discounts are factored in.

The data above shows the average cost of a car insurance policy per year with no accidents and a clean driving record is $1,986. Get written up for two speeding tickets and the average cost swells to $2,747, an increase of $761 each year. Now add in one accident along with the two speeding tickets and the yearly cost of auto insurance for unemployed drivers goes up to an average of $3,509. That’s an increase of $1,523, or $127 per month, just for not being attentive to the road!