Elementor #371

Auto insurance rates in Baltimore and across Maryland have skyrocketed in the last several years but what is the reason for such extremely high car insurance premiums? I just did a quote for single male born in 2005 with one at fault accident and has been licensed for one year trying to insure a 2017 Honda Accord will physical damage coverage (full coverage) and a $1000 deductible for comprehensive and collision, living in Baltimore city.  His premium was a whooping $ 1900 per month. Be mindful that he has received quotes from over 10 other insurance companies and my quote was the lowest. These rates are insane! There is simply no way in the world that a 19 year old male, student in Morgan State University would afford a $1,900 a month car insurance payment. The reasons for these  exorbitant are complex but the simple truth is that rates in the inner city are very high primarily because of the high claims loss ratio.