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Average Cost of Car Insurance in Baltimore

Baltimore$2,127
Maryland$2,127
U.S.$1,424

In Baltimore, the average annual cost of car insurance is $2,127, which is equivalent to the statewide rate, although this is much higher than the national average cost of car insurance. Drivers in Baltimore pay about 49.3% more than the national average for auto insurance.

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The Best Cheap Car Insurance Companies in Baltimore

Different car insurance companies in Baltimore have different rates, so it’s important that you carefully compare them with one another. In Baltimore, the most affordable car insurance company on average is USAA, but its coverage is exclusive for members of the military and their families.

The second most affordable car insurance company in Baltimore is Erie, while the most expensive auto coverage company is Esurance. For most drivers, a car insurance policy from Erie is nearly three times less expensive than similar coverage with Esurance.

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Personalized Quotes to Get You the Cheapest Car Insurance in Baltimore

When computing car insurance quotes in Baltimore, insurance companies take several factors into consideration, such as age, location, driving record and make and model of the vehicle, among others. In Baltimore, for example, a car insurance policy from Erie for an 18-year-old driver costs around $3,975 per year, while a similar policy for a 40-year-old driver costs around $1,545.

Car insurance companies in Baltimore assess the risk associated with the driver in order to compute the best car insurance rates. Since the factors affecting your risk can change over time, it’s recommended that you request a personalized quote regularly so you can get the cheapest car insurance quote suitable for your needs.

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Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

Insurance Rates

Cheapest Car Insurance in Baltimore by Coverage Amount

How much car insurance coverage you purchase in Baltimore also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.

Visit these guides to learn more:

Maryland Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $30,000 per person, $60,000 per accident and $15,000 for property damage. A more protective level is 100/300/100.
  • Uninsured Motorist
    $30,000 per person and $60,000 per incident. The minimum coverage may not be enough if you're in a serious accident.

Not all car insurance plans in Baltimore are the same, as different car insurance policies have different limits for each level of coverage. For example, Erie offers both 50/100/50 liability-only and full-coverage plans which can cover up to $50,000 for injury liability for one person, up to $100,000 per vehicle and $50,000 for property damage repair in an accident.

The full-coverage policy from Erie, which also has collision coverage and comprehensive insurance, costs about $457 more than their liability-only policy for most drivers. For you to get an accurate car insurance quote, it’s best that you request a personalized quote from the insurance provider of your preference.

Average Car Insurance Premiums by Coverage Type

Liability Only
Full Coverage
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Cheapest Car Insurance in Baltimore if You Have Tickets

One important factor that affects the affordability of a car insurance rate in Baltimore is your driving record. For example, in Baltimore, an Erie policy for a driver with a clean record costs an average of $1,545 per year, but if the driver has a speeding ticket, then they need to pay an extra $65 for the same policy with similar coverage.

Here’s another example for a different car insurance company: for Travelers policyholders, drivers with a DUI on their record will pay an average of $1,084 more than drivers with a clean record, even if they have similar car insurance coverage.

Average Cost of Car Insurance by Postal Code

Since different neighborhoods have different costs of living and car-related incidents, insurance companies also consider your specific residential address when computing your car insurance quote in Baltimore. Drivers who live in ZIP code 21224, the most affordable neighborhood for auto coverage in Baltimore, will pay about $686 less in annual car insurance premiums than drivers who live in ZIP code 21215.

  • Zip Code
    State Minimumper year
  • 21224
    $1,751
  • 21206
    $2,145
  • 21218
    $2,174
  • 21215
    $2,437

Factors That Impact Insurance Costs in Baltimore

In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Baltimore. How Baltimore ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities209th/300
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Most Car Thefts136th/300
uninsured icon
Most Uninsured Motorists by State23rd/50
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Personal Injury Protection RequiredYes
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Most Annual Rainfall102nd/300
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Most Rainy Days93rd/300

Shopping around for car insurance in Baltimore could save you $582, which is enough to buy:


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194Cups of Coffee
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45Months of Your Favorite Streaming Service

Methodology and Assumptions

MoneyGeek’s average premium rates for Baltimore are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

Compare Car Insurance Rates in Baltimore

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

Insurance Rates

About the Author


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The MoneyGeek editorial team has decades of combined experience in writing and publishing information about how people should manage money and credit. Our editors have worked with numerous publications including The Washington Post, The Daily Business Review, HealthDay, and Time, Inc., and have won numerous journalism awards. Our talented team of contributing writers include mortgage experts, veteran financial reporters, and award-winning journalists. Learn more about the MoneyGeek team.