Best Cheap Car Insurance in Baltimore

the average car insurance price for Baltimore is $1,241 for minimum coverage per year and $2,772 for full coverage, which includes collision and comprehensive insurance.. Bankrate looked at insurers offering policies in the city at low rates to find the best cheap car insurance companies in Baltimore. We have also provided information on customer service and the range of cover options and discounts available.

Although it accounts for less than 100 square miles of Maryland’s total of 12,407 square miles, Baltimore accounts for more than 21% of car accidents within the state. That equates to more than 100,000 crashes in a recent four-year period — the most of any city in Maryland. With that in mind, drivers will likely want the best Baltimore auto insurance deals and cheapest prices to protect themselves.

Best Car Insurance Companies in Baltimore

The chart below highlights five of the best auto insurance companies located in Baltimore, including JD Power’s customer satisfaction scores and average annual premiums for minimum and full coverage. Based on our proprietary analysis, these are the average annual premiums of the cheapest auto insurance companies in Baltimore.

insurance company JD Power Customer Satisfaction Score
(Mid-Atlantic Region)
Average annual premium for minimum coverage Average annual premium for full coverage
At national scale 823/1000 $902 $1,871
*USAA 896/1000 $892 $2,135
Geico 835/1000 $956 $2,210
Allstate 830/1000 $1,331 $2,615
Erie 856/1000 $1,082 $2,703

*USAA is not officially ranked due to customer eligibility restrictions.

Allstate

Allstate was at the higher end of rates on our list of the best car insurance companies in Baltimore, but it has solid coverage options and award-winning customer service. Options for your auto insurance include extended benefits coverage and roadside assistance. The company offers a wide range of discounts to help lower your premium, including student discounts, an early signing discount, and a bundle discount for home and auto insurance.

Learn more: Allstate Insurance Review

Erie

Erie scores high in the 2021 JD Power auto insurance survey. This means the company prioritizes meeting the needs of its policyholders quickly and efficiently. The company offers thoughtful coverage options, such as pet injury coverage and an innovative rate lock feature, which means you’ll pay the same price even if you have an accident.

Learn more: Erie Insurance Review

Geico

Geico offers generous discounts to bring your auto insurance price down even further, including up to 25% off for multi-vehicle policies and a great driver discount of up to 22%. In addition to liability coverage, it has additional coverage options, such as rental reimbursement and mechanical breakdown insurance. With strong financial ratings and extensive coverage, Geico is a widely trusted choice for car insurance.

Learn more: Geico Insurance Review

At national scale

Nationwide offers the second lowest rates in Baltimore on average (after USAA) of all Bankrate insurers reviewed for minimum coverage and full coverage. Nationwide offers standard discounts such as safe driver, automatic payment and multiple policies. Many policyholders may also be eligible for accident forgiveness, allowing you to avoid an increase even if you are at-fault in an accident.

USAA

USAA receives high customer satisfaction scores and for good reason. The only caveat is that it only sells policies to members of the military and veterans, which technically makes the USAA rank ineligible for JD Power. However, it has a reputation for great service as well as low rates, which matches our testing as it had the lowest average rate in Baltimore. USAA offers a good range of coverage options and decent discounts to lower your rate even further.

Learn more: USAA Insurance Review

Cheapest car insurance in Baltimore

When you compare Baltimore’s average airfares to cheapest airfares in maryland and in the United States, Baltimore comes out on top, which can be explained by the fact that there are frequent accidents on the congested streets of the city. The average cost of car insurance in the United States is $565 per year for minimum coverage and $1,674 per year for full coverage. The averages for the entire state of Maryland are $767 per year and $1,877 per year for minimum and full coverage, respectively.

Bankrate’s research, which included receiving multiple auto insurance quotes for Baltimore, showed that the following five companies are among the cheapest car insurance companies in the city. Not all of them made our “best” list, but every company is capable of writing solid, comprehensive policies at a great price for Baltimore drivers.

insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $892 $2,135
At national scale $902 $1,871
Geico $956 $2,210
Erie $1,082 $2,703
progressive $1,314 $2,501

USAA prices are often the lowest on comparison charts, but the company is limited to military families, so not everyone can benefit from its low prices. Progressive is top of the line, but discounts can lower your price. As always, it’s worth getting a free quote to see what the company can offer you.

Nationwide, Geico and Erie all offer prices below Baltimore averages for annual premiums. Your own cost will vary, of course, as it depends on a number of characteristics unique to you, such as your credit rating. Each of these companies is reputable and has agents in the Baltimore area who understand the needs of Maryland drivers.

Baltimore Insurance Requirements

Maryland residents – including Baltimore drivers – are required by law to carry Liability coverage 30/60/15 and the same amount in uninsured/underinsured motorist coverage. This is explained by :

  • $30,000 bodily injury liability for a single person in any accident you cause
  • Total liability of $60,000 for all injuries in a single accident
  • $15,000 property damage liability to cover damage to the other car in an at-fault accident, as well as damage to other structures, such as a fence or lamppost

Drivers must also carry $2,500 of Personal Injury Protection (PIP).

It should be noted that the minimum amount may not be sufficient following a serious accident, especially if prolonged hospital treatment is required for the injured. If you can afford it, it may be a good idea to increase your liability coverage as much as possible – many experts recommend a good amount to be 100/300/50. Minimum coverage also does not include collision and comprehensive coverage, which you may need if you have leased a vehicle or auto loan.

Car Insurance Discounts in Baltimore

Baltimore insurers offer a wide range of discount options to policyholders, and many of them are not difficult to obtain.

  • Safety devices: If your car is equipped with airbags, anti-lock brakes, daytime running lights or other safety features, you can often save on your premium.
  • Good driver: Many insurers use telematics programs, like Allstate’s Drivewise program, to monitor your driving skills. You can generally earn more savings the safer you drive.
  • EZ-pay: Setting up your account so that your premium payments are automatic can save you money.
  • Affiliate Discounts: Members of the military or members of various organizations (such as federal employees or alumni associations) may be eligible for a discount based on occupation.
  • Multi-font: If you have your car insurance with the same company as your home or renter’s insurance, most insurance companies will give you a discount.

The discounts that will have the biggest impact on your premium rates are likely to be those related to your driving skills. If you’re willing to allow your insurer access to real-time data about your driving skills, you could be rewarded with significant savings for demonstrating safe driving.

Frequently Asked Questions

What is the best car insurance company?

There are a number of car insurance companies write great policies in Baltimore. Because everyone’s needs are different, finding the right choice for you will involve doing your homework and compare multiple quotes.

How much does car insurance cost in Baltimore?

The average cost of auto insurance in Baltimore is $1,241 for minimum coverage and $2,772 for full coverage. Your own costs will likely be different as there are Many factors that go into determining your premium, including the make and model of your car, your credit score, your age and your gender.

How much auto insurance do I need in Baltimore?

The minimum coverage required in Maryland is 30/60/15. If you can afford it, you might want to consider increasing this amount, as an injury accident can be quite expensive. If you have a newer car, you may also want to consider collision and comprehensive coverage to protect your investment. If you are financing your vehicle, most lenders will require you to have this coverage.

Methodology

Bankrate uses Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates shown are based on a 40-year-old male and female with a clean driving record, good credit and the following full coverage limits:

  • Civil liability of $100,000 in bodily injury per person
  • Civil liability of $300,000 in bodily injury per accident
  • Civil liability of $50,000 in property damage per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 aggregate deductible

To determine minimum coverage limits, Bankrate has used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week, and drive 12,000 miles a year.

These are sampling rates and should only be used for comparison purposes. Your quotes may be different.

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