Baltimore Insurance Rates:

Baltimore, MD home insurance is roughly $573 to $774, about $47-$64/month. Our in depth research reveals consumers can save upto $269 by getting many quotes

Compare Quotes from Top Providers and Save now!

Compare & get the cheapest Baltimore, Maryland home insurance quote while also getting the best customer & claims service.

Baltimore Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $60/1 month for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $170,000

2 Beds, 2 Bath 1670 sqft Primary Residence Constructed In 1952 with Linoleum, Slate Shingles Roof, Piers Foundation, Wood siding, Brick Frame. Home Features Include Smoke Alarm, Central Air Conditioning, Fire Extinguisher, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

26 Years old Married Male who has a Full Time Job with household income of $25-50,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $390/6 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $185,000

4 Beds, 4 Baths 2240 sqft Vacation Property Constructed In 1942 with Carpet Flooring, Composition Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Fire Extinguisher, Deadbolt Locks, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

32 Years old Married Female who has a Full Time Job with household income of $25-50,000 and has 2 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $210/4 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $190,000

3 Beds, 3 Baths 2100 sqft Seasonal Residence Constructed In 1940 with Wood Flooring, Membrane Roof, Chainwall Foundation, Stucco siding, Metal Frame Construction. Home Features Include Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

53 Years old Single Male who has a Full Time Job with household income of more than $150,000 and has 2 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $290/3 months for $200,000-$250,000 Coverage
Policy Holder Home Details :

Home Value : $270,000

3 Beds, 3 Baths 1447 sqft Rental Property Constructed In 1938 with Stone Flooring, Membrane Roof, Piers Foundation, Brick siding, Wood Frame. Home Features Include Fire Extinguisher, Copper Water Pipes, Indoor Sprinklers, Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

70 Years old Single Male who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $240/6 months for $205,000 Coverage
1 story home on a large corner lot with 3 bedrooms and full bath. The garage is extra deep for either 3 cars with 2 doors. Heated, enclosed porch of the family room, a deck and a spacious fenced back yard.
Excellent Credit. Newly married. Mortgage payment. Both of us work in the healthcare field. I am an employee & she is a freelancer.
Home Insurance Rate of $171/3 months for $150,000 Coverage
Our area is not really flood or earthquake prone but given all these global warming going on, we can never be sure what will happen so we have taken all the additional coverage to protect ourselves.
I am in a fairly steady job with a decent company that provides my with good benefits & I have no problem paying regularly on my home insurance.
Home Insurance Rate of $68.67/1 month for $450,000 Coverage
Home is 3 bedrooms, 2 bathrooms, unfinished basement. Cape Cod. Add on kitchen. Built about 30 years ago. Solid construction. Everything was remodeled over the course of 2014 before we moved in 12/2014. About a mile from a police station, less to a fire station. We have a security system including motion detectors. Can be armed via touch pad in office, touch pad by door, or from smartphone or computer. Hot tub upstairs, spacious yard with patio deck and shed. Yard is fenced in out back.
Engaged, low credit rating, ~600. House is a new purchase, so we owe quite a bit still. We have 3 pets, 1 dog and 2 cats, 2 fish tanks. Two friends live with us. I work from home, nobody else does. Two of us smoke, the other do not.

Click here for Zip Code data

Baltimore Rates & Quotes Analysis:

Baltimore Area Estimated House Insurance
Little Walsh St, Loch Raven Rd, Whitfield Rd, N Haubert St, Merryman Ln, Malvern Ave, Violet Hill White Way, S Durham St, N East Ave, Parr Ave$633
Blyden Rd, Overview Rd, Plymouth Rd, Gloster Ave, Annetta Ave, Violetville Ln, Angelica Ter, N Chapel Gate Ln, Little Stafford St, Ken Oak Rd$675
E Churchill St, Ridgely St, Joh Ave, Walnut Ave, Pembridge Ave, Everett St, Glenarm Ave, Boyer St, Elmora Ave, McKean Ave$734
Frankfurst Ave, Darley Ave, Delmont Ave, Williamson Ave, Mince Aly, 4th St, Lothian Rd, Queen Anne Rd, Manorview Rd, Talbot Rd$676
Lorman St, Mayfield Ave, Dantrey Ct, Rosalie Ave, Charlotte Ave, Belt St, E Old Coldspring Ln, Yolando Rd, Thomas Ave, Edgehill Ave$704
E Barney St, Mill Race Rd, Hicks Ave, Bryant Ave, Sapp St, Paine St, Quinton St, State Hwy 150, Lawrence St, Jonquil Ave$675
Birchview Ave, Denview Way, Jack St, E 27th St, Broadmoor Rd, Perring Manor Rd, Egerton Rd, Tunlaw Rd, Wilhelm St, Peerless Ave$709
Petrolia Ave, Melbourne Rd, Ethelbert Ave, Chandler Ave, Glade Ct, Fillmore St, E 34th St, Marlow Rd, Evergreen Ave, Beale Ct$655
Lawnview Ave, Belle Ave, W Hoffman St, S Arlington Ave, Comet St, Saint Benedict St, Springdale Ave, Gregor Way, E 36th St, Pelham Ave$676
Edgevale Rd, Menlo Dr, Gelston Dr, Kingston Rd, Abbott St, Rueckert Ave, Eldorado Ave, Hicks Ave, S Madeira St, S Franklintown Rd$669

Insurance rates are influenced by a number of factors including:

  • Year Built: 44,217 Homes (14% of total) built between 1940 to 1949 in Baltimore are paying home insurance between $1,352-$1,362 and differs from Baltimore Highlands (+$29), Lansdowne (+$12), Brooklyn Park (+$33), Fort Meade (-$20) and Naval Academy (-$88).
  • Bedrooms: 81,536 2 bedrooms homes (28% of total homes ) in Baltimore are paying about $297. Areas near to Baltimore such as Baltimore Highlands, Lansdowne, Brooklyn Park are costlier by $13, $9, $14 respectively whereas Butlertown and Aberdeen Proving Ground are more economical by $3, $5 respectively for similar homes.
  • Auto Insurance Bundling: 12,689 Households (10% of all households) in Baltimore have 3 or more vehicles available and when it is bundled with home insurance you can save $168 in contrast with Baltimore Highlands ($171), Lansdowne ($169), Brooklyn Park ($172).
  • Senior Discounts: 58,981 seniors (more than 55 years) occupied housing units (50% of total) in Baltimore get discounts between $100 to $103. The comparative concessions in proximate regions such as Baltimore Highlands, Lansdowne and Arbutus are $103, $101 and $104 respectively.
  • New Homes discounts: New homes such as the 70,635 homes built between 2000 to 2009 in Baltimore can save $134 and varies from Baltimore Highlands ($137), Lansdowne ($135), Brooklyn Park ($138).

Baltimore Homeowners insurance Facts

  • Baltimore, MD has 117,500 owner occupied houses which is 48.8% of all units whereas Baltimore Highlands, Lansdowne and Brooklyn Park have 46.6%, 49.17% and 80.5% respectively.
  • Baltimore, MD homeowners yearly insurance price at $673 is 0.42% of the typical house value of $161,300 which is in contrast with 0.33% in Baltimore Highlands, 0.38% at Lansdowne & 0.31% in Brooklyn Park.
  • Homeowners in Baltimore, MD pay 13.46% of their income (Less than $10,000) in insurance whereas homeowners in Baltimore Highlands, Lansdowne and Brooklyn Park pay 13.74%, 13.58% and 13.8% respectively.
  • Baltimore, MD’s insurance is 3.9% of monthly housing costs of $1,435/month, for owners with a mortgage compared to 3.38% in Baltimore Highlands, 3.71% at Lansdowne & 3.47% in Brooklyn Park. But, for households without a mortgage, insurance is 11.3% of costs ($498 in Baltimore, MD) in contrast with 12.72% in Baltimore Highlands, 13.25% at Lansdowne & 12.86% in Brooklyn Park.

Baltimore, MD Home Values & Insurance rates

For example, insurance for 8,718 Homes (8.0% of total homes ) valued between $250,000 to $299,999 in Baltimore, MD is about $1,144. Rates in nearby areas in such as Baltimore Highlands, Lansdowne, Brooklyn Park are cheaper by $245, $112, $282 respectively while Dundalk and Edesville are costlier by $1 and $90 respectively for similar homes.

Baltimore, MD Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 7,995 7.0% $100
$50,000 to $59,999 2,139 1.0% $215
$60,000 to $69,999 2,868 2.0% $269
$70,000 to $79,999 3,858 3.0% $309
$80,000 to $89,999 5,384 4.0% $349
$90,000 to $99,999 5,688 5.0% $390
$100,000 to $124,999 13,106 12.0% $457
$125,000 to $149,999 11,236 10.0% $572
$150,000 to $174,999 14,379 13.0% $673
$175,000 to $199,999 9,010 8.0% $780
$200,000 to $249,999 14,454 13.0% $935
$250,000 to $299,999 8,718 8.0% $1144
$300,000 to $399,999 9,059 8.0% $1453

Renters Insurance in Baltimore

  • Average Renters Insurance in Baltimore :  $193($16/month)

  • Median Gross Rent in Baltimore :  $909

  • Baltimore Renters Insurance to Median Rent Ratio:  1.76%

  • Renter occupied housing units in Baltimore :  123,130

Baltimore Renters Insurance as a Percentage of Rent

Baltimore Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 6,176 5.0% $348
$200 to $299 6,838 5.0% $798
$300 to $499 9,008 7.0% $1248
$500 to $749 17,667 14.0% $1923
$750 to $999 31,385 26.0% $2673
$1,000 to $1,499 34,909 29.0% $3798
$1,500 or more 13,696 11.0% $5448

Rent Affordability in Baltimore:

Approximately 50.0% (62,478) of households are spending more than 35% of their income on gross rent in Baltimore

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 10,458 8.0%
15.0 to 19.9 percent 12,220 9.0%
20.0 to 24.9 percent 13,196 10.0%
25.0 to 29.9 percent 14,313 11.0%
30.0 to 34.9 percent 10,465 8.0%
35.0 percent or more 62,478 50.0%

Baltimore Renters Insurance Discounts:

Baltimore Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Baltimore, MD Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 48,663 39.0% $19.3
2 vehicles available 14,246 11.0% $28.95
3 or more vehicles available 3,218 2.0% $38.6

Protective device discount in Baltimore Up to :  $28

Claims-free discount in Baltimore Up to :  $38

Baltimore, MD Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
21223 $86,500 $660
21205 $71,200 $650
21210 $445,200 $760
21209 $291,100 $720
21212 $283,200 $710
21231 $278,000 $720
21230 $229,700 $690
21201 $217,900 $700
21202 $216,200 $700
21211 $196,500 $680
21214 $191,400 $690
21224 $183,700 $690
21206 $166,800 $680
21218 $162,500 $680
21239 $161,700 $680
21229 $144,400 $670
21215 $137,800 $670
21217 $114,800 $660
21213 $110,800 $660
21216 $109,400 $660