From fender benders on Pennsylvania Avenue to multi-car collisions on the Maryland Veterans Memorial Highway, accidents can happen anytime, anywhere and to anyone – even the most experienced drivers. Fortunately, a reliable car insurance policy can shield you from facing a large financial loss because of a collision.
If you own a vehicle in Hagerstown, you are required by Maryland state law to have auto insurance. A local independent agent can help you find the best and most affordable car insurance policy to meet your coverage needs.
Maryland’s minimum coverage requirements are usually high enough to cover minor accidents. However, a serious collision that results in extensive injuries or property damage can easily exceed the limits of a minimum-coverage policy. If you do not have enough insurance to cover the costs, you will be required to make up the difference out of pocket.
That is why some Hagerstown drivers choose to purchase liability coverage in amounts that are much higher than the state requires. If you have a lot of assets you wish to protect, an umbrella insurance policy can further boost your liability coverage. Your independent agent can help you determine how much liability coverage you can reasonably afford.
Maryland is the 11th most expensive state for auto insurance. The average rate in this state is higher than the national average, but in Hagerstown, the average rate is lower. This is good news if you are in the market for an affordable car insurance policy.
Auto insurance rates vary significantly from one driver to the next. This is because costs are calculated on an individual basis according to several factors such as:
Every insurance company has a different formula for calculating costs. Comparing rates enables you to find the policy that is offered at the best price. Independent agents in Hagerstown make comparison shopping easy by obtaining a variety of customized car insurance quotes for you.
Driving without insurance in Maryland is illegal. If you are caught doing so, you can be fined and have your plates and license revoked. You could even face jail time if you are a repeat offender. Despite this, one in ten drivers in this state is uninsured.
If an uninsured driver causes a collision with your vehicle, that person is expected to pay for your resultant damage and any necessary medical treatment. Unfortunately, collecting this money on your own can be extremely time-consuming and difficult. That is why uninsured motorist insurance was created.
Though it is optional in many states, uninsured motorist insurance is required in the state of Maryland. This insurance ensures that you will have coverage for your damage and medical treatment if you are in a collision with an uninsured, underinsured, or hit-and-run driver.
The auto theft rate in Maryland is higher than the national average, but it is lower in Hagerstown. Of course, this does not mean the risk does not exist. There are about 100 car thefts reported in this city every year.
You cannot be compensated for a stolen vehicle unless your car insurance includes comprehensive insurance. This optional coverage is often required by lenders until your car is paid in full. Also called “other than collision” insurance, comprehensive coverage compensates you for loss or damage caused by falling objects, floods, fires, and property crimes.
An independent agent can be a great resource when you are shopping for insurance. These agents can explain your various options, answer insurance-related questions, and provide you with a variety of customized quotes to review and compare. That way, you can choose the best policy to meet your coverage and budgetary needs.
Contact an independent agent in or near Hagerstown to get started in your search for the right car insurance policy.