Insurance savings in Baltimore, MD

Baltimore has the highest insurance rates in Maryland. Auto insurance averages $2,180/year — 25% above the state average. Vehicle theft, accident frequency, and the city's dense street grid all contribute to higher premiums.

Home insurance in Baltimore averages $1,520/year, reflecting older housing stock and higher claims frequency. However, renovated properties in neighborhoods like Canton, Federal Hill, and Hampden often qualify for lower rates.

The rate gap between carriers in Baltimore is one of the widest in the region. Switching from the most to least expensive carrier for identical coverage can save over $700/year before bundling.