Baltimore, MD Home Insurance - Analysis On Quotes, Rates & Agents

Baltimore, MD Insurance Rates:

The average cost of home insurance in Baltimore, MD is $729. vHome analyzed multiple home insurance quotes in Baltimore, MD to narrow down the list of the cheapest insurance companies in Baltimore, MD. vHome stresses the importance of comparing quotes from multiple companies to narrow down the best one that suits the consumer’s needs. Enter your Zip Code in the below banner to get instant home insurance quotes.

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Average Home Insurance Premium in Baltimore, MD

National Average Premium State Average Premium Baltimore Average Premium
$1,438 $1,008 $729

Top Home Insurance Companies in Baltimore, MD | Back to Top

vHome Insurance has compiled a list of home insurance companies providing the best home insurance rates. The companies are as follows.

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
State Farm $738 $886 $1,151 $1,589
USAA $1,317 $1,580 $2,054 $2,835
Brethren Mutual $729 $874 $1,137 $1,569
Erie Insurance $1,070 $1,284 $1,669 $2,303

Baltimore, MD Homeowners Insurance for Different Coverages | Back to Top

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 462.81
$150,000 To $174,999 650.2
$175,000 To $199,999 806.26
$200,000 To $249,999 948.61
$250,000 To $299,999 1,447.69
$300,000 To $399,999 1,948.05
$400,000 To $499,999 2,307.28
$500,000 To $749,999 2,953.32
$750,000 To $999,999 3,414.77
$1000,000 To $1499,999 3,760.87
$1500,000 To $2000,000 4,037.74

Visual Guide for Baltimore, MD Home Insurance Buyers on Insurance Companies and Rates

Top Home Insurance Agents Near Baltimore, MD | Back to Top

Home Insurance Company Near Baltimore, MD Homeowners Insurance Agency Near Baltimore, MD Address
State Farm Andy Pyo 374 Maple Ave E Ste 200, Vienna, VA, 22180-4718
Travelers Crawford Yingling Inc 58 W MAIN ST, WESTMINSTER, MD, 21158
Travelers Mcnamara Financial 555 RYAN RUN RD STE 101A, YORK, PA, 17404
Nationwide Payne Insurance Agency Inc 3600 14th St NW, Washington, DC, 20010
Travelers Psa Insurance Inc 11311 MCCORMICK RD STE 500, HUNT VALLEY, MD, 21031

List of Baltimore, MD Home Insurance Agents by Companies


Baltimore, MD Homeowners Insurance Rates Based on Claims Filed | Back to Top

Homeowners in Baltimore, MD with no claims filed get a discount of $94.77, whereas homeowners with one claim have to file an additional home insurance rate of $51 while homeowners with 2 claims have to pay an additional $102 for their home insurance premium.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -95 634
One Claim +51 780
Two Claim +102 831


Baltimore, MD Homeowners Insurance by Zip Code | Back to Top

Zip Code Median Home Value($) Home Insurance Cost($)
21223 86,500 678
21205 71,200 689
21210 445,200 707
21209 291,100 685
21212 283,200 693
21231 278,000 685
21230 229,700 685
21201 217,900 693
21202 216,200 678
21211 196,500 685
21214 191,400 738
21224 183,700 685
21206 166,800 678
21218 162,500 693
21239 161,700 685
21229 144,400 678
21215 137,800 678
21217 114,800 738
21213 110,800 700
21216 109,400 689

Factors Affecting Home Insurance Premiums in Baltimore, MD

The average cost of homeowners insurance in Baltimore, MD is $729. Various factors could help homeowners lower their home insurance premiums. vHome Insurance lists the factors that could help homeowners reduce their home insurance costs.

Baltimore, MD Home Insurance Premium Based on the Number of Bedrooms | Back to Top

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 354
3 Bedroom 664
4 Bedroom 1,018
5 Bedroom 1,505

Baltimore, MD Home Insurance Premiums for Different Deductibles | Back to Top

Homeowners with a deductible of $500 pay a much higher amount on their home insurance premium, while homeowners who pay a deductible of $2500 pay a much lower amount on their home insurance premium as seen in the table below.

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 720
$1000 Deductible 652
$1500 Deductible 613
$2000 Deductible 557
$2500 Deductible 523

Baltimore, MD Homeowners Insurance Premium Based on the Age of the Home | Back to Top

Homeowners in Baltimore, MD pay a much lower home insurance rate if their homes are newly constructed. Homeowners with homes that are older than 50 years pay a much higher rate on their home insurance premium as seen in the table below.

Home Age Homeowners Insurance Cost($)
Newly Constructed Home 532
Year 30 Old 740
Year 40 Old 748
Year 50 Old 757
Above Year 50 764

Baltimore, MD Homeowners Insurance Cost Based on the Construction Type of the Home | Back to Top

Construction Type Home Insurance Cost Savings($) Home Insurance Cost($)
Fire Resistive 95 634
Masonry 36 693
Brick 36 693
Superior 73 656
Hail Resistant Roof 15 714

Top Saving Tips on Baltimore, MD Homeowners Insurance | Back to Top

Homes built using sturdy materials, which are highly resistant to damage, receive substantial discounts on homeowners’ insurance. Baltimore, MD homeowners can also bundle their home insurance policy with auto insurance to receive more discounts. Apart from this, home insurance companies tend to provide discounts to homes equipped with security features that make them less prone to burglaries. Senior citizens residing in households earn a considerable amount of discounts on homeowners insurance.

The tables below contain the complete list of discounts that Baltimore, MD homeowners can take advantage of to increase their savings.

Baltimore, MD Auto & Homeowners Insurance Bundling Discounts and Senior Citizen Discounts

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 124 605
Retiree Discount (Senior Citizen Discount) 102 831
Newly Constructed Home 197 532

Baltimore, MD Home Insurance Discounts for Home Safety Devices | Back to Top

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 58 671
Fire Extinguishers 58 671
Smoke Detectors 95 634
Sprinkler System 95 634
Fire Alarm 36 693
Burglar Alarm 66 663
Lightning Protection 15 714

Latest Home Insurance Reviews

Geico
I would recommend them based off their knowledge and training. They are great at helping when you need it but not being over bearing.
Usaa
didn't do a lot of searching on other products. However, the premium and deductible seemed reasonable. Insurance rates are $1,195.38 for 12 months with coverage of $326,000.
Usaa
While they are quick to respond to questions, getting them to respond when you file a claim is a different story.
Allstate
insurance company is the best satisfied organisation. othe people dream are extablishing. so home insurance one are many people are dream achieved.
Liberty Mutual
As a first time home insurance buyer I was surprised at the sticker price on the premium, however, compared to other companies it seemed fair.
Usaa
I have been with USAA for decades and have not looked elsewhere for home insurance. I have hear horror stories from other people when they have had to deal with theirs.
Nationwide
I recommend this insurer based on my coverage requirements and its premium. I'd prefer the deductible to be lower, but it is lower than quotes I've received from competitors.
Usaa
USAA has always taken care of my needs. They go above and beyond to take care of their members so that we have a less stressful time when situations arise where we have to use our insurance.
Progressive
I would absolutely recommend Progressive due to how great their customer service has been and how much money we have saved on premiums.
Usaa
After reviewing various other companies for insurance, I found USAA to be the best priced. I have been satisfied with my coverage for the cost that I pay, and it goes right in with my mortgage payment which is nice.
Usaa
I would recommend this company because they always follow through quickly with our concerns and needs. They are easy to work with, so if someone needs a quote, they should call and speak to someone.
Geico
this insurance policy are very best policy to other company to compare on this insurance are the best in california
Liberty Mutual
They offer insurance with any updates that I need to apply to my plan in a timely manner. They are efficient and helpful in many ways when I have to have questions answered.
Amica Mutual Insurance
I can recommend this company to my friends and relatives. because it is very good company. they can enjoy these offers and service provide this company
Allstate
Using the allstate app to make a claim is very easy, helps me to save time and get all the information as i need.
Usaa
I really love the services of my home insurance company. they have time for every customer and they also have good products in terms of home insurance.
Progressive
I like that I am able to communicate through the website first then call if necessary. I prefer email or chat first as I can take care of business while doing other things.
Usaa
When a claim is submitted to the company they don't ask a lot of questions. i feel like other companies put you through the ringer to submit a claim.
State Farm
The premium is very affordable, it isn't a big burden, we usually pay in full around tax season, that way we don't have to worry about it for an entire year, and it cuts down our monthly expenses. Compared to other companies, I assume the prices are very similar. The lender we got our mortgage with had an associate that he referred to us and we did not spend much time comparing rates because it was so affordable and quicker to go through the lenders agent
Usaa
They don'tsendme anything, because I’ve asked them not to. If I want to check for messages, I log in to their website. I don't like all the communication from the various places I deal with.
Geico
They interact directly with the mortgage for bills etc. But do not directly communicate with me when there are price increases. I only find out when I've logged into the site and checked.
Usaa
I have never had to use another company because the rates are always lowest.
Travelers
The premium, despite it being on the lower side of what I was able to find, still seems unreasonable. I will be looking for another agent/company come summer time.
State Auto
It is easily accessible. I am able to view my policy, pay my bill, and view my bill all online.
Usaa
very good customer service, quick claims processing and payout. Definitely give them A "1". Always easy to deal with; easy online and mobile options and very easy to use these.
Erie Insurance
I love my company we will probably never switch I love my agent and they are very close to putting home
Usaa
I like that USAA adapts to the needs of military service members and them are familiar with the benefits that we have in order to obtain as much as we can. Home buying can be incredibly stressful, however, USAA has made it an enjoyable experience.
Usaa
I like the fact that USAA is for those who served our country and I think they go above and beyond for the individual along with the family members, I enjoy the fact that they provide services in many different ways from car insurance to loans. To me, it is literally one of the best companies ever created and continue to be.
Progressive
It takes care of what I need for the home. Also, it is nice that they have bundle deals for home and auto insurance.
Erie Insurance
My only complaint really is their current website and how they use pop-ups to navigate between the different pages such as view policy, make a payment, or make changes. I also wish there was an easier way to view and search through my policy.
Allstate
I recommend my insurance company because the plans offered, and their service and attention is first class, and help you get the best policy and the one that best suits your situation
Usaa
I would recommend USAA a 5 because they have good rates, are exclusive to military, and their customer service is always on point.
Mutual Benefit Group
I would recommend my company. They have great rates and have a wonderful claim service. If you ever have the unfortunate event of having a homeowner claim they are there to help.
State Farm
The only negative I have is that I am not totally sure that the amount of the claim they gave me was enough. That is just my ignorance on how this works and my inexperience with fixing things.
Usaa
I wish the company offered a bonus for loyalty and clam-free coverage for a certain period of time. I wish I could get some of my premia back at the end of the year if no claims are filed.
Usaa
I have been with them ever since I first started driving about 10 years ago and have very little if any complaints about their service