Today it is possible to insure almost anything. In fact, insurance has become a necessary product to offer protection to assets. Often insurance is a wise decision, especially for products we could not afford to replace without insurance. Insurance gives the policy holder the assurance that his valued possessions will be replaced and protected if there is an act of theft or an accident. There are several different types of insurance in Maryland.
Regardless of the type of insurance for which one is searching, the consumer should ask about available discounts before purchase of the policy. Discounts can end up saving the insurance purchaser a significant amount of cash. The following list includes some of the more common insurance discounts that are often offered by insurance companies:
Multi-line disount-Often persons having one policy already written by a company receive a discount on a second policy for another type of policy written by the same insurance company.
Multiple Vehicle Discount-Persons with more than one vehicle can benefit from this discount by simply insuring both vehicles with the same company.
Good Driver Discount-This discount is offered to drivers who have had no accidents or moving violations recorded on their driving record in the past 36 months.
Good Student Discount-While teens often pay the highest rates for insurance, many companies offer a discount for those keeping their grades up in school.
Driver Training Discount-Teens also save money on Insurance in Maryland by showing completion of a driver training school. The proof is usually in the form of a certificate.
Low Mileage Discount-Drivers who drive under a certain number of miles each year may qualify for a discount of the car insurance policy.
Vehicle Safety Features-Vehicles with air bags or anti-lock brakes may receive a discount for these safety features.
Theft preventative devices-Vehicles or homes that have devices to deter theft, such as alarm systems may allow the owner to receive a discount.
Senior citizen discount-Available to persons over age 50 or to those who have retired from public service may qualify to receive this discount.
When searching for insurance in Maryland, consumers will find many companies that sell policies in the region. Prices for insurance can vary widely from one company to another. Consumers should take time to compare price quotes before selecting one company. Be sure to ask about any discounts for which one may qualify. There are several rate comparison websites that allow consumers to check rates without obligation to buy. To receive the quotes the consumer should enter the required personal information. Rates are displayed quickly. If there are unique insurance needs, an insurance agent may be able to help. The agent can work to find the best available rate for his clients.