Annapolis Car Insurance

Even the most experienced drivers can get in accidents, particularly in the winter months when sleet and ice can make driving hazardous. That is why Annapolis vehicle owners are required to carry car insurance. From fender benders on State Circle to multi-car collisions on John Hanson Highway, a reliable auto insurance policy can shield you from facing large financial losses. Shopping for car insurance is easy when you work with an independent insurance agent in Annapolis. These agents can help you obtain and compare a variety of car insurance quotes. That way, you can be sure you are purchasing a competitively priced policy.

How Much Does Auto Insurance Cost in Annapolis, Maryland?

Maryland is the 11th most expensive state for car insurance, but rates in the city of Annapolis are generally lower than in most of the state.

• National average annual car insurance cost: $1,311
• Maryland average annual car insurance cost: $1,590
• Annapolis average annual car insurance cost: $1,386

The costs shown above can only give you an estimate of what you might be asked to pay. Car insurance rates vary significantly from one driver to the next because they are calculated according to several different factors such as: 

• The make, model, year of the vehicle(s) you wish to insure
• Your age, driving record, claims history, and even your credit score
• Whether you own or rent your home
• The accident and auto theft rates in your ZIP code
• The amount of liability coverage you are including in your policy
• Whether you are bundling your coverage with other policies such as home insurance or renters insurance

There are many factors involved, and each insurance company has a different way of calculating rates. That is why comparison shopping can help you find the best price for auto insurance. Talk to an independent agent in Annapolis to easily obtain and compare a selection of customized quotes.

Maryland Car Insurance Requirements

• Bodily injury liability: Required
• Property damage liability: Required
• Personal injury protection (PIP): Required
• Uninsured motorist coverage: Required
• Minimum liability limits: 30/60/15; coverage up to $60,000 for all persons injured in an accident, subject to a limit of $30,000 for one individual; and $15,000 coverage for property damage.

Maryland’s minimum coverage requirements are high enough to cover your liability costs for most collisions. However, if you are responsible for a major accident in which several people are severely hurt, or where there is excessive property damage, the resultant costs can easily exceed these limits. In that case, you would be responsible for making up the difference out of pocket if you only have a minimum-coverage policy.

That is why many Annapolis vehicle owners choose to purchase car insurance with higher-than-required liability insurance limits. Some people in this city also purchase an umbrella insurance policy to have even greater liability coverage than their auto insurance will allow. An independent agent can help you find the liability coverage you want at the most affordable price.

Number of Uninsured Motorists in Maryland

If you are caught driving without car insurance in Maryland, you can face fines of up to $1,000, revocation of your registration and license plates, several fees, and, potentially, up to one year of jail time. Despite this, more than one in ten drivers you are sharing the roads with is operating their vehicle without insurance.

• How many US drivers are uninsured? 13%.
• How many Maryland drivers are uninsured? 12.4%

If you are in a collision that is the fault of an uninsured driver, that person is expected to pay for damage and any necessary medical treatment. Unfortunately, even with a court order, it can be very difficult and time-consuming to collect this money—especially if the guilty party simply doesn’t have it. Uninsured motorist insurance, which is required in Maryland, eliminates this risk. This insurance covers your damage and injuries if you are in a collision with an uninsured, underinsured, or hit-and-run driver. Your insurance company will then try to collect the owed money from the responsible driver and will absorb the costs if they cannot.

Number of Auto Thefts in Annapolis, MD

The auto theft rate in Maryland is higher than the national average. In Annapolis, however, the risk is lower. There are about 60 vehicles stolen in this city each year.

• National auto theft rate per 1,000 vehicles: 2.28
• Maryland auto theft rate per 1,000 vehicles: 2.0
• Annapolis auto theft rate per 1,000 vehicles: 1.50

You cannot be compensated for an auto theft unless your car insurance policy includes comprehensive insurance. This “other than collision” insurance is optional, but most lenders will require you to carry it until your loan is paid in full. Comprehensive insurance covers a wide range of non-collision damage. This includes hazards such as falling objects, floods, fires, and property crimes. Your independent agent can explain more.

Why Work with an Independent Insurance Agent?

As a vehicle owner in Annapolis, you can turn to an independent insurance agent for help when you are shopping for the best auto insurance. These local agents are a wonderful resource when you need information about insurance, and they can even advocate for you if you need to file a claim.

Find an agent in or near Annapolis to start comparing competitively priced car insurance quotes for policies that have been customized to meet your specific coverage needs.