In an ideal world, we could just tell you the exact car insurance company that is cheapest in Maryland. Regrettably, it’s not quite that easy, as there are a whole slew of unknown aspects like the number of miles you drive each year, if you have ever had a coverage lapse, and if you want full coverage. We will try to teach you about the things that influence insurance rates and hopefully give you enough understanding to have a good beginning to your quest for cheaper car insurance in Maryland.
Finding reliable, affordable insurance is difficult, and figuring out which companies offer the lowest-priced auto insurance rates for uninsured drivers calls for a bit more work. Every auto insurer has a different process for determining prices, so let’s begin by taking a look at the most affordable auto insurance companies in Baltimore, MD.
It’s a good idea to be aware that Maryland auto insurance rates are determined by lots of factors which can substantially decrease or increase your annual premium. That is why drivers need to shop around when trying to get affordable car insurance rates for uninsured drivers. Insurance rates consist of many factors and can increase or decrease at any time, so the cheapest rate six months ago may now be quite expensive.
Find the Cheapest Car Insurance in Maryland
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $958 |
| 2 | Penn National | $1,104 |
| 3 | Liberty Mutual | $1,114 |
| 4 | Erie | $1,127 |
| 5 | State Auto | $1,190 |
| 6 | Amica | $1,308 |
| 7 | Nationwide | $1,393 |
| 8 | Travelers | $1,398 |
| 9 | MetLife | $1,414 |
| 10 | GEICO | $1,486 |
| 11 | California Casualty | $1,529 |
| 12 | Allstate | $1,596 |
| 13 | State Farm | $1,696 |
| 14 | Progressive | $2,149 |
| 15 | Encompass | $2,592 |
| 16 | Victoria | $3,023 |
| Compare Rates Now Go | ||
USAA quotes some of the best car insurance rates in Baltimore at around $958 each year. This is $601 less than the average rate paid by Maryland drivers of $1,559. Penn National, Liberty Mutual, Erie, and State Auto also are some of the best Baltimore, MD auto insurance companies.
As shown in the table above, if you are a customer of Liberty Mutual and switched to USAA, you may see annual savings of around $156. Maryland drivers with Erie might save as much as $169 a year, and State Auto policyholders might cut rates by $232 a year.
To compare your rates to other Maryland insurance companies, click here or visit any of the companies below.
Be aware that those estimates are averaged for all ages of drivers and types of vehicles and and are not figured with a vehicle location for uninsured drivers. So the company that can offer you the lowest price may not even be in the list above. That is why you need to get rate quotes from many companies using your own driver data and vehicle information.
The vehicle you are buying coverage for is probably the biggest factor that determines whether or not you can buy low-priced car insurance for uninsured drivers. Vehicles with lower acceleration and performance, advanced safety features, or a positive history of liability claims will cost quite a bit less to insure than fast, unsafe models. The information below outlines auto insurance costs for a selection of the most affordable vehicles to buy insurance for.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 2WD | $2,439 |
| Honda CR-V LX 2WD | $2,447 |
| Honda Accord EX 4-Dr Sedan | $2,671 |
| Dodge Grand Caravan Hero | $2,886 |
| GMC Sierra SLE Crew Cab 2WD | $2,891 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $2,917 |
| Ford Edge SE 2WD | $2,928 |
| Toyota Prius | $2,967 |
| Hyundai Elantra SE Touring Station Wagon | $2,974 |
| Nissan Altima 3.5 SR 4-Dr Sedan | $3,093 |
| Ford F-150 FX2 Super Cab 2WD | $3,100 |
| Toyota RAV4 4WD | $3,164 |
| Volkswagen Jetta SE 2.5 Station Wagon | $3,199 |
| Toyota Tacoma Double Cab TRD Off-Road Package 4WD | $3,224 |
| Chevrolet Equinox LT 2WD | $3,252 |
| Chevrolet Malibu Hybrid | $3,261 |
| Ford Focus SEL 4-Dr Sedan | $3,273 |
| Kia Optima SX | $3,297 |
| Toyota Camry Hybrid | $3,302 |
| Chevrolet Silverado Crew Cab Hybrid 4WD | $3,308 |
| Start Your Quote Go | |
Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Estimates do not factor in specific zip code location which can affect premiums significantly.
Based upon these rates, you can assume that vehicles like the Ford Escape, Honda CR-V, Honda Accord, Dodge Grand Caravan, and GMC Sierra are most likely to be a few of the cheaper vehicles to insure for drivers with no prior coverage.
For drivers with no prior coverage, one of the more important factors that are used to help calculate the annual cost of car insurance is your zip code in Baltimore. Areas with more people or more claims likely pay more, whereas areas with lower vehicle theft rates and fewer weather claims profit from lower rates.
The table below sorts the most expensive cities in Maryland for uninsured drivers to buy car insurance in. Baltimore is listed at #1 with an annual cost of $1,796 for the average policyholder, which is about $150 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Baltimore | $1,796 |
| 2 | Woodlawn | $1,674 |
| 3 | Towson | $1,527 |
| 4 | Dundalk | $1,490 |
| 5 | Catonsville | $1,460 |
| 6 | Silver Spring | $1,460 |
| 7 | Bowie | $1,446 |
| 8 | Waldorf | $1,431 |
| 9 | Aspen Hill | $1,420 |
| 10 | Essex | $1,416 |
| 11 | Glen Burnie | $1,383 |
| 12 | Wheaton | $1,361 |
| 13 | Gaithersburg | $1,317 |
| 14 | Germantown | $1,287 |
| 15 | Severn | $1,275 |
| 16 | Potomac | $1,274 |
| 17 | Rockville | $1,251 |
| 18 | Columbia | $1,238 |
| 19 | Ellicott City | $1,233 |
| 20 | Annapolis | $1,231 |
| Find the Best Rates Go | ||
Rate quotes are comparative as the specific area where the vehicle is garaged can decrease or increase auto insurance rates noticeably.
Cost of full coverage in Baltimore
Reducing the cost of auto insurance should be important to the majority of vehicle owners, and a good way to find cheaper insurance for uninsured drivers is to only buy liability coverage. The diagram below shows the comparison of auto insurance costs with and without full coverage. The premiums are based on no accidents, no driving violations, $100 deductibles, single status, and no other discounts are factored in.
As an average for all age groups, physical damage coverage costs $2,323 per year more than just insuring for liability. That raises the question when is the right time to remove full coverage. There is no clear-cut rule of when to phase out comp and collision coverage, but there is a general school of thought. If the annual cost of coverage is more than about 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.
For example, let’s pretend your vehicle’s claim settlement value is $5,500 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $4,500 after paying the physical damage deductible. If you are paying in excess of $450 annually to have full coverage, the it may be a good time to stop paying for full coverage.
The diagram below illustrates how your choice of deductibles can increase or decrease insurance premiums when getting quotes for cheap insurance for uninsured drivers. The premiums are based on a single male driver, full coverage, and no other discounts are factored in.
A 30-year-old driver could lower their policy premium by $524 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $788 by using a $1,000 deductible. Youthful drivers, such as the 20-year-old chart data, could potentially save as much as $1,540 every year by selecting a higher deductible.
If you do raise deductibles, it will be important to have enough in a savings account to enable you to pay the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.
Get discount Baltimore car insurance rates
Insurance providers that offer quotes for uninsured drivers may provide rate discounts that can reduce rates by as much as 30% if you are eligible. The best auto insurance companies and their offered discounts are:
- State Farm policyholders can earn discounts including good student, anti-theft, Steer Clear safe driver discount, safe vehicle, accident-free, defensive driving training, and multiple autos.
- Progressive may have discounts that include good student, homeowner, multi-policy, online quote discount, continuous coverage, and multi-vehicle.
- Progressive may offer discounts for multi-vehicle, good student, multi-policy, homeowner, online quote discount, and online signing.
- MetLife includes discounts for good driver, good student, accident-free, claim-free, and defensive driver.
- Farm Bureau has discounts for driver training, renewal discount, youthful driver, 55 and retired, safe driver, and good student.
- GEICO has savings for seat belt use, driver training, five-year accident-free, good student, air bags, and anti-lock brakes.
- SAFECO discounts include bundle discounts, homeowner, teen safe driver, drive less, safe driver, and multi-car.
The chart below illustrates the comparison of premium costs with and without discounts being applied to the rates. The rates are based on a male driver, no driving violations, no at-fault accidents, Maryland state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with multiple vehicle, vehicle safety, accident-free, homeowner, multiple policy, and claim-free discounts applied. When drivers take advantage of discounts, theaverage amount saved on auto insurance for uninsured drivers is 28% or $475.
Ideas for buying more affordable car insurance for uninsured drivers
It is possible to find better rates, and here are some money-saving solutions that can help Baltimore drivers find lower-cost auto insurance.
- Improve your credit
- Buy a safer vehicle
- At-fault accidents can raise rates significantly
- Assess whether full coverage is needed
- Buying home and auto together can help save money
- Check for cheaper rates once a year
That last piece of advice is highly valuable, as we noted in this write-up. Auto insurance rates in Baltimore fluctuate constantly, so drivers shouldn’t hesitate to change to a new company if a lower price can be found. Loyalty to 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. If you have a few minutes, compare rates to find cheaper car insurance for uninsured drivers.
The Baltimore car insurance agencies listed below can answer your questions and help you decide which coverage fits your budget, since lots of drivers aren’t clear which coverage they need and would like to get help from a professional when shopping for cheaper insurance for uninsured drivers. It can be time-consuming to find the best rates on your own, and insurance agents licensed in the state of Maryland can provide comfort knowing your policy gives you adequate protection in case of an accident or claim. To find an auto insurance agency closest to you, click the button after the list or click here to compare price quotes now.
- John Stein – State Farm Insurance Agent
6630 Baltimore National Pike #100b – Baltimore, MD 21228 – (410) 744-7733 - Mimi Brown – State Farm Insurance Agent
911 S Lakewood Ave – Baltimore, MD 21224 – (410) 878-0232 - Luray Insurance of Baltimore
1726 Reisterstown Rd #220 – Baltimore, MD 21208 – (410) 602-2636 - Scott Garvey – State Farm Insurance Agent
211 Key Hwy – Baltimore, MD 21230 – (667) 309-3792