By combining policies, insuring multiple vehicles, or obtaining different types of policies (such as home and car) from the same company, you can get a discount. Do you have two or more vehicles in your home? We will apply a discount to each car that is insured under the same policy. To be eligible for the multi-policy discount, you must purchase insurance from a company that sells more than one line of insurance. Getting the best insurance package in Maryland can help you manage your auto and home insurance policies more conveniently while saving money.
Just about anyone can get a discount on auto insurance in Maryland because most insurance companies make it easy to get a variety of savings. What you'll save after getting a multi-policy discount on your car insurance depends entirely on the company and the other line of insurance you include. Buying a second line of insurance through the company will almost certainly save you money, but some lines of insurance offer greater discounts than others. While bundling your auto and home policies in Maryland allows you to manage them together, you may find unbundled combinations of two different insurers that are more affordable.
Maryland insurers typically offer discounts that fall into three categories: policy discounts, driver discounts, and vehicle discounts. Because Maryland law requires insurance, you can face multiple penalties if you're caught driving without it, such as fines, license and registration suspension, and imprisonment. Learn more about Maryland's car insurance requirements, the optional coverages you should consider, and the savings discounts you could get. Allstate offers discounts to those who combine auto insurance with home insurance, renters insurance, condo insurance, or life insurance.
According to MoneyGeek's findings, the cheapest combined auto and home insurance policies in Maryland come from Allstate and Metropolitan. While it's recommended to have a combined auto and home insurance policy in Maryland, you may encounter situations where separate policies offer lower premiums. As long as you buy the other line of coverage from the same company and it's a line of property insurance, the discount will apply to both your property insurance and your car insurance. You can get discounts on auto insurance in Maryland depending on how you drive, the car you own, and your relationship with your insurance company.