Who Has Cheap Auto Insurance Quotes for Drivers Over Age 70 in Baltimore?

The vehicle to be insured is one of the largest factors when comparing quotes for cheaper auto insurance for drivers over age 70. Vehicles with economical engines, excellent safety ratings, or a low likelihood of liability claims will cost significantly less to insure than high performance models.

The data below outlines car insurance prices for the most affordable automobiles to insure in Maryland.

Cheapest Vehicles to Insure in Baltimore, MD
Vehicle Insured Estimated Cost for Full Coverage
Honda Accord EX 4-Dr Sedan $2,750
Ford Escape XLT 2WD $2,758
Honda CR-V EX-L 4WD $2,796
Toyota Prius $3,014
Honda Odyssey LX $3,039
Ford Edge SEL 2WD $3,212
Ford Focus S 4-Dr Sedan $3,217
Dodge Grand Caravan Hero $3,257
Toyota Camry LE $3,262
Toyota RAV4 Limited 2WD $3,257
Volkswagen Jetta LE 4-Dr Sedan $3,267
Nissan Altima 2.5 4-Dr Sedan $3,257
Jeep Grand Cherokee Laredo 2WD $3,267
Chevrolet Impala LT $3,257
Ford F-150 XLT Crew Cab 4WD $3,303
Ford Explorer Eddie Bauer AWD $3,311
Toyota Corolla XLE $3,434
Hyundai Elantra SE 4-Dr Sedan $3,439
Toyota Tacoma X-Runner 2WD $3,434
Chevrolet Equinox LTZ AWD $3,479
Chevrolet Malibu LTZ $3,488
Chevrolet Silverado LT Extended Cab 2WD $3,507
Nissan Rogue S 2WD $3,512
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Premium data assumes single female driver age 70, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Rates do not factor in specific zip code location which can decrease or increase auto insurance rates substantially.

Based upon the rates shown, cars like the Honda Accord, Ford Escape, Honda CR-V, and Toyota Prius are most likely to be some of the most affordable vehicles to insure for older drivers. The price of auto insurance will be more expensive because there is more claim risk for drivers over age 70, but in general those particular vehicles will have the lowest insurance rates compared to other vehicles.

One of the many things that aid in calculating the annual cost of car insurance is where you call home. Cities with more crime and/or more people will most likely pay more, whereas areas with fewer weather claims and lower vehicle theft rates tend to receive cheaper rates.

The information below sorts the most expensive places in Maryland for drivers over age 70 in which to buy car insurance. Baltimore is ranked #1 with an annual cost of $1,814 for the average policyholder, which is approximately $151 per month.

How much does car insurance cost in Baltimore, MD?
Rank City Premium Per Year
1 Baltimore $1,814
2 Woodlawn $1,674
3 Dundalk $1,535
4 Towson $1,467
5 Silver Spring $1,460
6 Essex $1,459
7 Aspen Hill $1,420
8 Waldorf $1,417
9 Catonsville $1,417
10 Bowie $1,404
11 Glen Burnie $1,370
12 Wheaton $1,361
13 Severn $1,327
14 Ellicott City $1,283
15 Columbia $1,275
16 Germantown $1,275
17 Annapolis $1,268
18 Gaithersburg $1,265
19 Bethesda $1,252
20 Rockville $1,251
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Rates are comparative as zip code location can decrease or increase prices considerably.

Insurance rate increases from tickets or accidents

In a perfect world, the ideal way to enjoy low auto insurance prices in Maryland for older drivers is to drive cautiously and maintain a clean driving record. The diagram below illustrates how violations and fender-benders can influence insurance rates for different age groups. The premium estimates are based on a married male driver, comp and collision included, $250 deductibles, and no policy discounts are applied.

The data above shows the average cost of auto insurance in Baltimore per year with no accidents or violations is $2,422. Factor in one speeding ticket and the average cost hikes up to $2,785, an increase of $363 each year. Now include two accidents along with the one speeding ticket and the yearly cost of auto insurance for drivers over age 70 increases to an average of $5,934. That’s an increase of $3,512, or $293 per month, just for a couple of infractions!

Ending up with the best car insurance provider is hard considering how many companies sell insurance in Baltimore. The rank data in the lists below could help you choose which providers to look at purchasing from. The ratings below are for companies that insure vehicles across America, so smaller companies will not be included in these rankings.

Top 15 Auto Insurance Companies for Drivers Over Age 70 in Maryland
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
Titan Insurance 86 82 92 86% A+ 86.5
21st Century 86 82 90 84% A 86.4
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Data Source: Insure.com Best Car Insurance Companies

Your cheap policy may actually be overpriced

Baltimore, MD auto insurance rates are determined by lots of factors which can substantially decrease or increase the price you pay for coverage. Simply getting older, buying a home, or getting into an accident can trigger price changes that may make certain companies cheaper than others.

Also, insurance companies change their prices every year in order to offset underwriting gains or losses. Significantly higher losses may result in increased rates, while profitable underwriting can cause lower-priced Baltimore car insurance rates.

To illustrate this point, the graph below shows which companies have the cheapest car insurance in Baltimore, MD for a 45-year-old male driver with no accidents or violations, and a good credit history. If we compare prices based on his current rating profile, USAA has the best car insurance rates in Baltimore at $1,670 annually. This is $111 more than the average price paid by Maryland drivers of $1,559. Liberty Mutual, Erie, Penn National, and State Auto are also included in the cheapest Baltimore, MD auto insurance companies.

Now we will pretend the driver in the first chart an accident surcharge, poor credit, and a traffic ticket or two. Because every insurance company uses their own method for setting rates, comparing rates may now result in a significantly different list of the cheapest Baltimore car insurance companies as shown below.

Travelers now has the best auto insurance rate in Baltimore, MD with Nationwide, MetLife, GEICO, and Liberty Mutual also having competitive pricing. This example shows why Maryland drivers need to compare many different companies to find the cheapest auto insurance quotes for drivers over age 70.

Car insurance prices are determined by many different factors and change dramatically, so the lowest-price company three years ago may now be quite expensive.

How to find low-cost insurance for drivers over age 70

It is possible to find better rates, and here are some of the recommended thrifty solutions that can help drivers quote cheap coverage.

The last tip is notably valuable, as we stressed in this piece. Auto insurance rates can be changed at any time, so you should be ready to switch companies if a cheaper price is available. Sticking with a specific company is fine, but it’s not a great idea if your bullheadedness ends up costing you a small fortune year after year. It takes less than five minutes to compare prices and find cheaper car insurance for drivers over age 70 in Baltimore.

If you aren’t clear which coverage you need and would like to have some professional guidance when shopping for the best coverage for older drivers, the agencies below can aid you in deciding which coverage meets your needs best.

To locate a Baltimore auto insurance agent using an interactive map, click the button at the bottom.

Eve Hamper – State Farm Insurance Agent
1118 Light St ABaltimore, MD 21230(410) 528-8900

Allstate Insurance Agency: Abernathy Michael
7696 Belair RdBaltimore, MD 21236(410) 426-5500

Tom Nash – State Farm Insurance Agent
454 E Fort AveBaltimore, MD 21230(410) 727-4545

Concrete Insurance
6405 Belair RdBaltimore, MD 21206(410) 433-0313

More insurance agents in Baltimore, MD