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Get Cheap Car Insurance in Loch Raven Village, Parkville, MD
We monitor insurance prices, helping the average driver in Loch Raven Village save up to 26.9% on car insurance.
The Cheapest Minimum Coverage in Loch Raven Village
The chart below shows the cheapest car insurance company in Loch Raven Village 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.
| Loch Raven Village Insurer | Monthly Cost |
|---|---|
| State Farm | $102 |
| Erie Insurance | $103 |
| Travelers | $118 |
| Safeco Insurance | $122 |
Savings for Every Kind of Loch Raven Village Driver
Based on our extensive insurance data, we know the average Loch Raven Village 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 $410 per year by choosing the right vehicle insurance company. Some Loch Raven Village residents are paying out over $2,202 extra every year for auto insurance in Loch Raven Village. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Loch Raven Village, Parkville, MD Savings / Yr. |
|---|---|
$410 |
|
$385 |
|
$448 |
|
$723 |
|
$1,389 |
|
$248 |
|
$971 |
Loch Raven Village Car Insurance vs. Parkville
People living in Loch Raven Village pay an average of 18.85% more than the typical driver in the state. The average driver in Loch Raven Village can expect to pay about $1,501 per year, or $2,202 for full coverage.
Based on our analysis, MetLife will be the cheapest provider in Loch Raven Village for most people.
Car Insurance Prices by Loch Raven Village Neighborhood
Insurance Prices
Where is insurance cheapest within Loch Raven Village?
The map shows insurance prices in and around Loch Raven Village, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $395 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,350 to a low of $1,955. Insurance prices tend to be higher for those living in the South area, and lower for those with homes in the West parts of Loch Raven Village.Pick the Best Car Insurance Company for You in Loch Raven Village
The best car insurance provider for most drivers in Loch Raven Village
For drivers with clean driving records and no major strikes, MetLife is the best option, with annual savings of $410 over the average Loch Raven Village car insurance company.
The best car insurance provider for Loch Raven Village 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 $385 over the competition.
The best car insurance company for Loch Raven Village drivers with speeding tickets
>Erie Insurance gave the average person with a speeding ticket the most savings, averaging $448 better than other car insurance companies.
The best auto insurance for Loch Raven Village drivers with a DUI conviction
Getting a quote from Erie Insurance may cost the average person with a DUI about $723 less each year.
The least expensive car insurance company for new and young drivers in Loch Raven Village
In Loch Raven Village, Erie Insurance costs young drivers $1,389 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Loch Raven Village
State Farm gave the largest car insurance discounts to married couples, averaging $248 saved each year compared to an average Loch Raven Village couple's premiums.
The cheapest car insurance in Loch Raven Village for drivers with bad credit
The best Loch Raven Village car insurance company for customer service
Nationwide was the best company for customer service in Loch Raven Village according to the NAIC.
Recent price drops
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The cheapest large national provider in Loch Raven Village
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Loch Raven Village 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 Loch Raven Village, 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 Loch Raven Village
What Influences the Cost of Car Insurance in Loch Raven Village?
On average, car insurance in Loch Raven Village is more expensive than the rest of the state. These high 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 neighborhood are influenced by the following factors:
- The average commute time in Loch Raven Village is 38 minutes, which is about the national average for a driver in the city.
- Maryland state insurance regulations may require higher prices.
- An average of 0 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Loch Raven Village are about average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are low, with a Vehicle Theft Crime Grade of C+ according to CrimeGrade.org.
- Loch Raven Village is one of the least populated areas in the state. The neighborhood’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 Loch Raven Village is $125 per month for minimum coverage and $184 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 Neighborhoods
- Hillendale: Insurance costs 9.76% more
- Loch Raven Manor: Insurance costs 9.31% less
- Villa Cresta: Insurance costs 8.90% less
- Upper Northwood: Insurance costs 10.67% more
- North Harford Road: Insurance costs 1.09% more
- Hamilton Area: Insurance costs 5.63% more
- Westfield: Insurance costs 4.04% more
- Towson Park: Insurance costs 2.59% less
- Rodgers Forge: Insurance costs 13.44% less
- Lauraville: Insurance costs 1.09% more
Neighborhoods with Similar Populations
- Vista del Norte: Insurance costs 18.62% less
- West Central: Insurance costs 40.10% less
- Holly: Insurance costs 14.49% less
- Holly Hills: Insurance costs 5.63% less
- Wendover-Sedgewood: Insurance costs 41.19% less
- Wellington: Insurance costs 41.92% less
- Ward Parkway: Insurance costs 15.76% less
- International: Insurance costs 11.35% more
- Wailea: Insurance costs 37.69% less
- Kent Heights: Insurance costs 12.40% more