Cheapest car insurance companies in Baltimore 

Geico and Travelers have the cheapest car insurance premiums for Baltimore drivers in 2023, based on a data study by Insurance.com. 

In Baltimore, Geico provides the cheapest auto insurance rates to drivers at an average annual premium of $1,730 annually

Car insurance costs may vary in Baltimore based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Baltimore.

CompaniesAverage annual rates
USAA$1,477
Geico$1,730
Travelers$2,063
Nationwide$2,283
Kemper Insurance$2,287
Erie Insurance$2,536
Progressive$2,562
Penn National Insurance$2,900
State Farm$3,340
Allstate$3,954

Cheapest car insurance cost in Baltimore by Age Group 

The cheapest auto insurance company in Baltimore for teen drivers is USAA. For full coverage, its average annual rate for Baltimore drivers is $5,353. Insurance companies put teenagers in the category of high-risk drivers, and as a result, they are charged higher rates for insurance. 

However, teen drivers can keep their insurance rates low by taking advantage of the good student discount or by staying on their parent's car insurance policy for as long as possible. 

When compared to other car insurance companies, USAA turned out to be the cheapest car insurance company for young drivers in Baltimore, offering full coverage at an annual average cost of $2,293.

You'll find that car insurance rates are much lower by the time drivers reach their 30s than they are for drivers in their 20s. The cheapest auto insurance company for adult drivers in Baltimore is USAA. Its average rate for a full coverage car insurance policy is $1,472 per year

USAA tops the list in terms of affordability for senior drivers in Baltimore. With an average annual premium of $1,452, USAA offers senior drivers the cheapest car insurance rates, allowing them to enjoy peace of mind.

CompanyTeensYoung AdultsAdultsSeniors
USAA$5,353$2,293$1,472$1,452
Kemper Insurance$5,712$4,380$2,294$2,684
Erie Insurance$5,837$3,786$2,645$2,655
Geico$6,323$3,335$1,748$1,948
Travelers$7,653$3,267$2,105$2,446
Progressive$8,105$4,443$2,585$2,679
Allstate$8,449$6,184$4,116$4,241
Nationwide$9,092$4,532$2,305$2,255
Penn National Insurance$9,508$4,908$2,851$2,767
State Farm$9,565$5,453$3,299$3,287

Cheapest car insurance companies in Baltimore by driver profile 

Insurers in Baltimore consider various factors, including driver profile, to calculate car insurance premiums. You can expect to pay significantly higher rates if you have a history of accidents or traffic citations on your driving record. On the other hand, those with a clean driving record enjoy more affordable coverage.

When it comes to finding the cheapest car insurance rates in Baltimore, make sure you compare insurance quotes from various insurers. By comparing rates from multiple providers, you can get the coverage you need while saving money.

Here's a list of car insurance companies that offer cheap insurance rates in Baltimore based on driver profile. 

Drivers in Baltimore with poor credit can get the cheapest car insurance from Geico at an average cost of $1,810 a year, according to a data study by Insurance.com.

Know which car insurance companies offer affordable car insurance for drivers with poor credit scores in Baltimore.

CompanyAverage annual rates
Geico$1,810
USAA$2,296
Travelers$3,156
Nationwide$3,249
Progressive$3,461
Allstate$5,341
State Farm$5,854

Based on recent data analysis, 30-year-old drivers in Baltimore with speeding tickets on their driving record can get the cheapest car insurance rates from USAA at an annual cost of $1,553.

Finding the right car insurance company is all about individual needs. Take the time to compare quotes from different carriers and secure the best deal. With careful analysis, you can find an insurance company that provides the best rates and coverage tailored to your specific needs.

CompanyAverage annual premium
USAA$1,553
Geico$1,964
Travelers$2,560
State Farm$2,976
Progressive$2,999
Nationwide$3,228
Allstate$5,005

According to Insurance.com's analysis, USAA tops the list of cheap car insurance providers in Baltimore for drivers involved in at-fault accidents, with an average annual cost of $2,284. After being in an at-fault accident, finding cheap car insurance rates might seem challenging, but by comparing quotes, you can find a policy that aligns with your budget. 

CompanyAverage annual rates
USAA$2,284
Geico$2,543
Travelers$2,606
State Farm$3,378
Progressive$3,951
Nationwide$4,272
Allstate$6,159

In Baltimore, Geico has the cheapest car insurance rates for individuals with DUI on their record. The company provides a full coverage policy at an average cost of $2,018 a year

A DUI conviction can significantly affect your auto insurance rates. However, to keep your coverage rates low, it is important to compare quotes from various insurers before renewing or purchasing a new policy. Doing so ensures you get the most competitive rate for your situation.

CompanyAverage annual rates
Geico$2,018
State Farm$2,976
Travelers$3,227
USAA$3,610
Progressive$3,793
Allstate$4,677
Nationwide$4,909

Average car insurance cost in Baltimore 

In Baltimore, the average annual cost for full coverage car insurance is around $2,345, which breaks down to approximately $195 per month. These rates are based on coverage levels of 100/300/100. On the other hand, the average yearly rate for state minimum coverage in Baltimore is about $1,045.

You pay more for full coverage insurance than the state minimum, but it covers damage to your car besides providing coverage for other driver's vehicle. To lower your premium, consider comparing quotes from different companies. 

Average annual RatesState minimum average
$2,345$1,045

Methodology

Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.

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