Why is car insurance so expensive in baltimore?

Auto insurance in Maryland is expensive because the minimum liability requirements are so high and both personal injury protection and coverage for uninsured motorists are required. These average rates may not reflect how much each individual Maryland driver will pay for car insurance. A Reddit user, Ok_Jaguar_5113, posted an image below that shows car accidents in Baltimore and their effect on auto insurance rates. Personal factors such as age, gender, insurance credit rating, driving history, and claim history will determine the cost of car insurance in Maryland, as will the city in which you live, the make and model of your car, the type of vehicle, and the coverage options.

Today, we're understanding why vehicle protection is so expensive in Baltimore, remembering the steps Baltimore drivers can take to reduce vehicle protection costs. That means more chances of having an accident, more cars driving at high speeds near another, and more insurance claims for insurers to deal with. While Maryland drivers pay average rates for car insurance, drivers in Baltimore can pay higher-than-average premiums. However, by comparing rates online today, you can pay the lowest possible car insurance rates anywhere in Baltimore, Maryland.

All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. Some drivers in Baltimore pay relatively high rates for car insurance, while others pay much cheaper rates than drivers in smaller cities or rural areas. Baltimore is the largest city in the state of Maryland, so it makes sense for Baltimore drivers to pay higher rates for car insurance. Comparing prices and comparing quotes could help you find the cheapest car insurance company in Maryland for you.

Drivers with excellent credit could save about 14 percent, while those with bad credit could pay up to 63 percent more than the average cost of car insurance in Maryland. However, there are also factors specific to Baltimore and Maryland that have raised the cost of car insurance in recent years. It helps manage the creation of insurance content that meets the highest quality standards in terms of accuracy and clarity to help Bankrate readers search for complex information on home, auto and life insurance.