Columbia, MD Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Columbia, MD, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Save Up To $853 on Multi-Car Insurance in Columbia, MD
The average cost of auto insurance in Columbia, MD, is $1,421. Car owners in Columbia can improve savings by comparing multiple quotes and reviews from various auto insurance companies. Below is a list of discounts available to drivers in Columbia.
Discounts for Students:
Teenagers in Columbia pay $4,611 a year on car insurance. Though they bear the brunt of being inexperienced drivers, insurance companies offer discounts to teenage students with good grades in school. For instance, Allstate offers stellar discounts to smart students based on their grades and proximity to the school (100 miles). Alongside these requirements, the teenage driver must be under the age of 25 and must also complete Allstate’s “teenSMART Driver Education Program.” State Farm’s “Good Student” program offers discounts of up to 25% to teenage students who have good grades. Farmers offers similar discounts to students (with good grades) under the age of 25 as well.
Anti-Theft Discounts:
Car insurers across Maryland offer discounts to drivers that install anti-theft devices. GEICO offers a discount of up to 25% on installing approved anti-theft devices or alarms. Progressive, too, offers discounts of up to 25% on anti-theft devices and alarms.
Equipping one’s vehicles with the latest anti-theft devices will help in saving more. A passive disabling device helps save the most on auto insurance in Columbia.
Driving Record:
Most car insurance companies offer substantial discounts to drivers with a clean driving record. GEICO offers a 26% discount to drivers with a spotless driving record for five years, while State Farm offers discounts for drivers who go three or more years with an accident-free record. With the advent of modern technology in the car insurance industry, Usage-Based Insurance (UBI) is increasingly being used to personalize car insurance. UBI works through both plugin devices and mobile apps. It keeps track of various factors in one’s car, making insurance rates more personalized.
For instance, post-DUI, the cost of auto insurance in Columbia, can mount up to $2,266 from $1,421. That’s significantly more than the average cost of auto insurance in Columbia. Other driving violations can prove to be very expensive as well. Some of them include driving with an expired license and using a cellphone while driving.
Multi-Car Insurance:
Car insurance companies provide discounts to car owners who insure multiple cars with the same insurance company. However, discounts on multi-car insurance policies vary according to the make and model of the vehicle. The cost of insuring two vehicles under a multi-car insurance policy in Columbia is $2,416, while the cost of insuring four vehicles under this policy is $4,831. Bundling is another standard method of availing discounts. If a customer purchases multiple policies (life, car, home) from the same insurer, they become eligible for discounts.
Factors that can influence the cost of car insurance in Columbia, MD are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Columbia, MD Auto Insurance Rates
- Columbia, MD Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Columbia, MD
- Multi Vehicle Insurance Savings in Columbia, MD
- How Credit Score Affects Car Insurance Rates in Columbia, MD
- How DUI Affects Auto Insurance Premiums in Columbia, MD
- How Driving Violations Affect Auto Insurance Rates in Columbia, MD
- Columbia, MD Auto Insurance Discounts on Anti Theft Feature
Columbia, MD Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Columbia, MD with that of other cities in and around Columbia.
| Columbia | North Laurel | Ilchester | Savage | Howard County | Ellicott City | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,421 | $1,409 | $1,428 | $1,399 | $1,454 | $1,493 |
Columbia, MD Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Columbia, MD based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Columbia | $1,779 | $1,502 |
| Savage | $1,599 | $1,350 |
| Fulton | $1,918 | $1,620 |
| Scaggsville | $1,431 | $1,208 |
| Howard County | $1,955 | $1,651 |
| North Laurel | $1,634 | $1,380 |
| Ilchester | $1,669 | $1,409 |
| Ellicott City | $1,863 | $1,574 |
Columbia, MD Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Columbia, MD usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $4,611 |
| 20 Years | $1,826 |
| 30 Years | $1,406 |
| 40 Years | $1,353 |
| 50 Years | $1,253 |
| 60 Years | $1,270 |
| 70 Years | $1,479 |
Columbia, MD Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Columbia, MD can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,416 | $426 |
| 3 Vehicles | $3,624 | $639 |
| 4 Vehicles | $4,831 | $853 |
Savings on 2 Vehicles bundle:$426
Savings on 3 Vehicles bundle:$639
Savings on 4 Vehicles bundle:$853
Columbia, MD Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Columbia, MD.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Columbia | $1,421 | $2,266 |
| Savage | $1,399 | $2,231 |
| Fulton | $1,540 | $2,455 |
| Scaggsville | $1,475 | $2,352 |
| Howard County | $1,454 | $2,318 |
| North Laurel | $1,409 | $2,246 |
| Ilchester | $1,428 | $2,277 |
| Ellicott City | $1,493 | $2,380 |
Columbia, MD Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,219 |
| Excellent (740-799) | $1,392 |
| Good (670-739) | $1,481 |
| Average (580-669) | $1,932 |
| Poor (300-579) | $2,318 |
Columbia, MD Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$63 | $1,484 |
| Driver's Failure In Showing Documents | +$138 | $1,559 |
| Driving With An Expired Registration | +$146 | $1,567 |
| Driving At A Considerably Slow Pace | +$308 | $1,729 |
| Using A Cellphone While Driving | +$325 | $1,746 |
| Running A Red Light | +$331 | $1,752 |
| Speeding | +$348 | $1,769 |
| Driving A Vehicle Without The Required Permission | +$442 | $1,863 |
| Driving With An Expired/Suspended License | +$958 | $2,379 |
Columbia, MD Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,364 |
| Active Disabling Device | $1,364 |
| Tracking Device | $1,336 |
| Passive Disabling Device | $1,322 |