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Get Cheap Car Insurance in Silver Spring, MD
We monitor insurance prices, helping the average driver in Silver Spring save up to 26.9% on car insurance.
The Cheapest Minimum Coverage in Silver Spring
The chart below shows the cheapest car insurance company in Silver Spring 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.
| Silver Spring Insurer | Monthly Cost |
|---|---|
| State Farm | $100 |
| Erie Insurance | $101 |
| Travelers | $115 |
| Safeco Insurance | $119 |
Savings for Every Kind of Silver Spring Driver
Based on our extensive insurance data, we know the average Silver Spring 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 $400 per year by choosing the right vehicle insurance company. Some Silver Spring residents are paying out over $2,146 extra every year for auto insurance in Silver Spring. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Silver Spring, MD Savings / Yr. |
|---|---|
$400 |
|
$375 |
|
$437 |
|
$704 |
|
$1,354 |
|
$242 |
|
$946 |
Silver Spring Car Insurance vs. Maryland
People living in Silver Spring pay an average of 15.81% more than the typical driver in the state. The average driver in Silver Spring can expect to pay about $1,463 per year, or $2,146 for full coverage.
Based on our analysis, MetLife will be the cheapest provider in Silver Spring for most people.
Car Insurance Prices by Silver Spring Neighborhood
Insurance Prices
Where is insurance cheapest within Silver Spring?
The map shows insurance prices in and around Silver Spring, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $635 per year within the city boundaries, with insurance premiums ranging from a high of $2,443 to a low of $1,808. Insurance prices tend to be higher for those living in the Southeast area, and lower for those with homes in the Central parts of Silver Spring.Pick the Best Car Insurance Company for You in Silver Spring
The best car insurance provider for most drivers in Silver Spring
For drivers with clean driving records and no major strikes, MetLife is the best option, with annual savings of $400 over the average Silver Spring car insurance company.
The best car insurance provider for Silver Spring 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 $375 over the competition.
The best car insurance company for Silver Spring drivers with speeding tickets
>Erie Insurance gave the average person with a speeding ticket the most savings, averaging $437 better than other car insurance companies.
The best auto insurance for Silver Spring drivers with a DUI conviction
Getting a quote from Erie Insurance may cost the average person with a DUI about $704 less each year.
The least expensive car insurance company for new and young drivers in Silver Spring
In Silver Spring, Erie Insurance costs young drivers $1,354 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Silver Spring
State Farm gave the largest car insurance discounts to married couples, averaging $242 saved each year compared to an average Silver Spring couple's premiums.
The cheapest car insurance in Silver Spring for drivers with bad credit
The best Silver Spring car insurance company for customer service
Nationwide was the best company for customer service in Silver Spring according to the NAIC.
Recent price drops
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The cheapest large national provider in Silver Spring
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Silver Spring 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 Silver Spring, 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 Silver Spring
What Influences the Cost of Car Insurance in Silver Spring?
On average, car insurance in Silver Spring 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 city are influenced by the following factors:
- The average commute time in Silver Spring is 44 minutes, which is a little more 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 Silver Spring are among the lowest in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of D according to CrimeGrade.org.
- Silver Spring 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 Silver Spring is $122 per month for minimum coverage and $179 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
- Four Corners: Insurance costs 7.04% less
- Kemp Mill: Insurance costs 4.94% less
- White Oak: Insurance costs 4.15% more
- Takoma Park: Insurance costs 5.31% more
- Adelphi: Insurance costs 4.33% more
- Wheaton: Insurance costs 1.77% less
- North Chevy Chase: Insurance costs 7.08% less
- South Kensington: Insurance costs 13.33% less
- Chevy Chase View: Insurance costs 19.80% less
- Kensington: Insurance costs 6.20% less
Cities with Similar Populations
- St. Joseph: Insurance costs 17.89% less
- Spring: Insurance costs 15.89% less
- Stamford: Insurance costs 7.60% more
- Springfield: Insurance costs 30.24% less
- Spokane: Insurance costs 34.53% less
- Spring Valley: Insurance costs 19.90% more
- Spokane Valley: Insurance costs 35.14% less
- Southfield: Insurance costs 68.78% more
- Spring Hill: Insurance costs 23.77% more
- Statesville: Insurance costs 42.26% less