Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.
Get Cheap Car Insurance in Lake Shore, MD
We monitor insurance prices, helping the average driver in Lake Shore save up to 26.9% on car insurance.
The Cheapest Minimum Coverage in Lake Shore
The chart below shows the cheapest car insurance company in Lake Shore for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Erie Insurance, Travelers, and Safeco Insurance.
| Lake Shore Insurer | Monthly Cost |
|---|---|
| State Farm | $84 |
| Erie Insurance | $85 |
| Travelers | $97 |
| Safeco Insurance | $101 |
Savings for Every Kind of Lake Shore Driver
Based on our extensive insurance data, we know the average Lake Shore driver will save about 19% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $339 per year by choosing the right vehicle insurance company. Some Lake Shore residents are paying out over $1,819 extra every year for auto insurance in Lake Shore. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Lake Shore, MD Savings / Yr. |
|---|---|
$339 |
|
$318 |
|
$370 |
|
$597 |
|
$1,147 |
|
$205 |
|
$802 |
Lake Shore Car Insurance vs. Maryland
People living in Lake Shore pay an average of 1.86% less than the typical driver in the state. The average driver in Lake Shore can expect to pay about $1,239 per year, or $1,819 for full coverage.
Based on our analysis, MetLife will be the cheapest provider in Lake Shore for most people.
Car Insurance Prices by Lake Shore Neighborhood
Insurance Prices
Where is insurance cheapest within Lake Shore?
The map shows insurance prices in and around Lake Shore, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $66 per year within the city boundaries, with insurance premiums ranging from a high of $1,850 to a low of $1,784. Insurance prices tend to be higher for those living in the Northwest area, and lower for those with homes in the Southwest parts of Lake Shore.Pick the Best Car Insurance Company for You in Lake Shore
The best car insurance provider for most drivers in Lake Shore
For drivers with clean driving records and no major strikes, MetLife is the best option, with annual savings of $339 over the average Lake Shore car insurance company.
The best car insurance provider for Lake Shore drivers with accidents on their records
In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $318 over the competition.
The best car insurance company for Lake Shore drivers with speeding tickets
>Erie Insurance gave the average person with a speeding ticket the most savings, averaging $370 better than other car insurance companies.
The best auto insurance for Lake Shore drivers with a DUI conviction
Getting a quote from Erie Insurance may cost the average person with a DUI about $597 less each year.
The least expensive car insurance company for new and young drivers in Lake Shore
In Lake Shore, Erie Insurance costs young drivers $1,147 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Lake Shore
State Farm gave the largest car insurance discounts to married couples, averaging $205 saved each year compared to an average Lake Shore couple's premiums.
The cheapest car insurance in Lake Shore for drivers with bad credit
The best Lake Shore car insurance company for customer service
Nationwide was the best company for customer service in Lake Shore according to the NAIC.
Recent price drops
In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Lake Shore, which was better than other insurers.
The cheapest large national provider in Lake Shore
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Lake Shore driver can expect to pay about $133 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Lake Shore, USAA has the best prices for drivers with a DUI conviction, drivers with bad credit, drivers with accidents, married couples, drivers with speeding tickets, young drivers, and good drivers.Auto Insurance Prices in and Around Lake Shore
What Influences the Cost of Car Insurance in Lake Shore?
On average, car insurance in Lake Shore is actually less expensive than the rest of the state. These low prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:
- The average commute time in Lake Shore is 42 minutes, which is about the national average for a driver in the state.
- Maryland state insurance regulations may require higher prices.
- An average of 8 to 9 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Lake Shore are higher than average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are very low, with a Vehicle Theft Crime Grade of C+ according to CrimeGrade.org.
- Lake Shore is a lightly populated area in the state. The city’s density could result in a price decrease for drivers.
As a result of these and other factors, the average cost of car insurance in Lake Shore is $103 per month for minimum coverage and $152 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Cities
- Pasadena: Insurance costs 0.44% more
- Riviera Beach: Insurance costs 0.38% less
- Severna Park: Insurance costs 0.77% more
- Gibson Island: Insurance costs 1.54% less
- Arnold: Insurance costs 0.82% less
- Cape St. Claire: Insurance costs 0.66% less
- Curtis Bay: Insurance costs 9.90% more
- Millersville: Insurance costs 5.17% more
- Glen Burnie: Insurance costs 8.14% more
- Fort Howard: Insurance costs 7.81% more
Cities with Similar Populations
- Mckinleyville: Insurance costs 1.92% more
- Peru: Insurance costs 34.96% less
- Pennsauken: Insurance costs 11.76% more
- Newington: Insurance costs 25.51% less
- Milford: Insurance costs 1.76% less
- Metuchen: Insurance costs 5.33% more
- Mesquite: Insurance costs 13.47% more
- Melville: Insurance costs 44.04% more
- Mead Valley: Insurance costs 22.76% more
- Pinehurst: Insurance costs 35.02% less