In Baltimore, drivers pay an average monthly rate of $229 per month for full coverage car insurance. This rate is much higher than the national average monthly rate of $140 and the state average of $160. The crime rate and number of accidents in Baltimore probably has something to do with the high insurance rates. The state also requires very high liability insurance limits, as well as high uninsured motorist coverage (UIM).
Given that car insurance is so expensive, you may be looking for the cheapest car insurance in Baltimore. This will be the state-required minimum liability car insurance, plus UIM, that averages $118 per month, much higher than the national average of $47 and the state average of $70.
There is a large difference between full coverage and the minimum insurance. Some things to keep in mind include:
Full Coverage Insurance
Includes the state minimum liability (or more, if you wish), plus comprehensive car insurance and collision auto insurance. Since Baltimore does have a high number of accidents, adding this protection may not be a bad idea.
State Minimum Insurance
Includes the basic mandatory bodily injury liability insurance, property damage liability insurance and UIM. Will help pay for the costs sustained by the other party if you cause an accident, but won’t pay anything toward your own repairs and injuries. UIM coverage will give you some relief if you are hit by a hit and run driver or a driver that has no insurance or not enough insurance.
How does Baltimore compare with other cities in Maryland? Here is a breakdown of average monthly car insurance costs for Maryland cities: