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Get Cheap Car Insurance in Locust Point, Baltimore, MD
We monitor insurance prices, helping the average driver in Locust Point save up to 26.9% on car insurance.
The Cheapest Minimum Coverage in Locust Point
The chart below shows the cheapest car insurance company in Locust Point 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.
| Locust Point Insurer | Monthly Cost |
|---|---|
| State Farm | $92 |
| Erie Insurance | $93 |
| Travelers | $106 |
| Safeco Insurance | $110 |
Savings for Every Kind of Locust Point Driver
Based on our extensive insurance data, we know the average Locust Point 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 $368 per year by choosing the right vehicle insurance company. Some Locust Point residents are paying out over $1,975 extra every year for auto insurance in Locust Point. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Locust Point, Baltimore, MD Savings / Yr. |
|---|---|
$368 |
|
$345 |
|
$402 |
|
$648 |
|
$1,246 |
|
$223 |
|
$871 |
Locust Point Car Insurance vs. Baltimore
People living in Locust Point pay an average of 6.57% more than the typical driver in the state. The average driver in Locust Point can expect to pay about $1,346 per year, or $1,975 for full coverage.
Based on our analysis, MetLife will be the cheapest provider in Locust Point for most people.
Car Insurance Prices by Locust Point Neighborhood
Insurance Prices
Where is insurance cheapest within Locust Point?
The map shows insurance prices in and around Locust Point, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $79 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,036 to a low of $1,957. Insurance prices tend to be higher for those living in the Northeast area, and lower for those with homes in the Northwest parts of Locust Point.Pick the Best Car Insurance Company for You in Locust Point
The best car insurance provider for most drivers in Locust Point
For drivers with clean driving records and no major strikes, MetLife is the best option, with annual savings of $368 over the average Locust Point car insurance company.
The best car insurance provider for Locust Point 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 $345 over the competition.
The best car insurance company for Locust Point drivers with speeding tickets
>Erie Insurance gave the average person with a speeding ticket the most savings, averaging $402 better than other car insurance companies.
The best auto insurance for Locust Point drivers with a DUI conviction
Getting a quote from Erie Insurance may cost the average person with a DUI about $648 less each year.
The least expensive car insurance company for new and young drivers in Locust Point
In Locust Point, Erie Insurance costs young drivers $1,246 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Locust Point
State Farm gave the largest car insurance discounts to married couples, averaging $223 saved each year compared to an average Locust Point couple's premiums.
The cheapest car insurance in Locust Point for drivers with bad credit
The best Locust Point car insurance company for customer service
Nationwide was the best company for customer service in Locust Point according to the NAIC.
Recent price drops
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The cheapest large national provider in Locust Point
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Locust Point 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 Locust Point, 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 Locust Point
What Influences the Cost of Car Insurance in Locust Point?
On average, car insurance in Locust Point 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:
- 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 Locust Point are higher than average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of C- according to CrimeGrade.org.
- Locust Point has an average population density 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 Locust Point is $112 per month for minimum coverage and $165 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
- Riverside: Insurance costs 2.03% more
- Fells Point: Insurance costs 5.97% more
- Federal Hill-Montgomery: Insurance costs 6.94% more
- Jonestown: Insurance costs 6.78% more
- Canton: Insurance costs 3.24% more
- Hopkins-Middle East: Insurance costs 17.32% more
- Patterson Park: Insurance costs 18.43% more
- Downtown: Insurance costs 6.53% more
- Highlandtown: Insurance costs 13.77% more
- Oldtown: Insurance costs 15.85% more
Neighborhoods with Similar Populations
- Kenny: Insurance costs 12.35% less
- Sugar Pond Manor of Wellington: Insurance costs 55.14% more
- Sunset: Insurance costs 1.52% less
- Lakewide: Insurance costs 25.82% more
- Downtown Royal Oak: Insurance costs 56.81% more
- Downtown Elyria: Insurance costs 42.84% less
- Douglas Acres: Insurance costs 33.92% less
- Dineen Park: Insurance costs 27.19% less
- Stevens Triangle: Insurance costs 32.20% less
- Victory Hills: Insurance costs 16.10% less