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Get Cheap Car Insurance in Sherwood, MD
We monitor insurance prices, helping the average driver in Sherwood save up to 26.9% on car insurance.
The Cheapest Minimum Coverage in Sherwood
The chart below shows the cheapest car insurance company in Sherwood 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.
| Sherwood Insurer | Monthly Cost |
|---|---|
| State Farm | $79 |
| Erie Insurance | $80 |
| Travelers | $91 |
| Safeco Insurance | $95 |
Savings for Every Kind of Sherwood Driver
Based on our extensive insurance data, we know the average Sherwood 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 $318 per year by choosing the right vehicle insurance company. Some Sherwood residents are paying out over $1,707 extra every year for auto insurance in Sherwood. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Sherwood, MD Savings / Yr. |
|---|---|
$318 |
|
$299 |
|
$347 |
|
$560 |
|
$1,077 |
|
$193 |
|
$753 |
Sherwood Car Insurance vs. Maryland
People living in Sherwood pay an average of 7.85% less than the typical driver in the state. The average driver in Sherwood can expect to pay about $1,164 per year, or $1,707 for full coverage.
Based on our analysis, MetLife will be the cheapest provider in Sherwood for most people.
Car Insurance Prices by Sherwood Neighborhood
Insurance Prices
Where is insurance cheapest within Sherwood?
The map shows insurance prices in and around Sherwood, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $30 per year within the city boundaries, with insurance premiums ranging from a high of $1,733 to a low of $1,703. Insurance prices tend to be higher for those living in the South area, and lower for those with homes in the Central parts of Sherwood.Pick the Best Car Insurance Company for You in Sherwood
The best car insurance provider for most drivers in Sherwood
For drivers with clean driving records and no major strikes, MetLife is the best option, with annual savings of $318 over the average Sherwood car insurance company.
The best car insurance provider for Sherwood 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 $299 over the competition.
The best car insurance company for Sherwood drivers with speeding tickets
>Erie Insurance gave the average person with a speeding ticket the most savings, averaging $347 better than other car insurance companies.
The best auto insurance for Sherwood drivers with a DUI conviction
Getting a quote from Erie Insurance may cost the average person with a DUI about $560 less each year.
The least expensive car insurance company for new and young drivers in Sherwood
In Sherwood, Erie Insurance costs young drivers $1,077 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Sherwood
State Farm gave the largest car insurance discounts to married couples, averaging $193 saved each year compared to an average Sherwood couple's premiums.
The cheapest car insurance in Sherwood for drivers with bad credit
The best Sherwood car insurance company for customer service
Recent price drops
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The cheapest large national provider in Sherwood
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Sherwood 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 Sherwood, 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 Sherwood
What Influences the Cost of Car Insurance in Sherwood?
On average, car insurance in Sherwood 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 Sherwood is 33 minutes, which is a little less than average for a driver in the state.
- 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 Sherwood are among the highest 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.
- Sherwood is a fairly densely populated area in the state. The city’s density could result in a price increase for drivers.
As a result of these and other factors, the average cost of car insurance in Sherwood is $97 per month for minimum coverage and $142 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
- Tilghman: Insurance costs 1.52% more
- Neavitt: Insurance costs 5.04% more
- Wittman: Insurance costs 0.23% less
- Bozman: Insurance costs 5.04% more
- Mcdaniel: Insurance costs 0.23% less
- St. Michaels: Insurance costs 6.15% more
- Claiborne: Insurance costs 0.12% less
- Romancoke on the Bay: Insurance costs 5.80% more
- Kirkham: Insurance costs 6.62% more
- Oxford: Insurance costs 2.46% more
Cities with Similar Populations
- Buck Creek: Insurance costs 33.33% less
- Wabash: Insurance costs 14.70% less
- Waconda: Insurance costs 14.29% less
- Waterloo: Insurance costs 6.15% less
- Waverly: Insurance costs 71.29% more
- Canova: Insurance costs 9.55% less
- Canfield: Insurance costs 13.47% less
- Campbell Station: Insurance costs 0.06% more
- Cameron: Insurance costs 7.67% less
- Cambra: Insurance costs 19.51% less