The vehicle model you are seeking coverage for is one of the biggest factors that determines the availability of the most affordable insurance for hybrid vehicles. Vehicles with high performance, a lack of modern safety features, or high incidents of liability claims will cost significantly more to insure than safer models.
The data below presents car insurance costs for the more affordable automobiles to insure.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $2,699 |
| Ford F-150 FX2 Super Cab 2WD | $3,025 |
| Ford Escape XLS 4WD | $3,043 |
| Jeep Grand Cherokee Laredo 2WD | $3,199 |
| Toyota RAV4 Sport 4WD | $3,204 |
| Hyundai Elantra SE Touring Station Wagon | $3,287 |
| Dodge Grand Caravan CV | $3,302 |
| Toyota Prius | $3,369 |
| Nissan Altima 2.5 S 4-Dr Sedan | $3,376 |
| Hyundai Sonata GLS 4-Dr Sedan | $3,421 |
| Nissan Rogue S AWD | $3,430 |
| Ford Edge SE AWD | $3,424 |
| Chevrolet Impala LS | $3,430 |
| Start Your Quote Go | |
Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Maryland minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can impact rates noticeably.
Based upon the table data, we can assume that models like the Honda CR-V, Ford F-150, Ford Escape, Jeep Grand Cherokee, and Toyota RAV4 will be some of the most affordable vehicles to insure for hybrids.
One of the many considerations that are looked at to help calculate auto insurance rates is where your car is garaged in Baltimore. Areas with high crime rates or more dense population tend to pay more, whereas areas with less people or fewer weather incidents can boast about having cheaper rates.
The information below sorts the highest-priced places in Maryland for hybrid vehicles in which to purchase auto insurance. Baltimore ranks #1 with a yearly premium of $1,814 for the average insurance policy, which is around $151 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Baltimore | $1,814 |
| 2 | Woodlawn | $1,608 |
| 3 | Dundalk | $1,505 |
| 4 | Silver Spring | $1,475 |
| 5 | Essex | $1,474 |
| 6 | Towson | $1,467 |
| 7 | Bowie | $1,432 |
| 8 | Aspen Hill | $1,420 |
| 9 | Catonsville | $1,417 |
| 10 | Waldorf | $1,375 |
| 11 | Glen Burnie | $1,342 |
| 12 | Wheaton | $1,335 |
| 13 | Severn | $1,327 |
| 14 | Gaithersburg | $1,304 |
| 15 | Rockville | $1,290 |
| 16 | Ellicott City | $1,283 |
| 17 | Columbia | $1,275 |
| 18 | Potomac | $1,261 |
| 19 | North Bethesda | $1,256 |
| 20 | Germantown | $1,249 |
| Find Cheaper Rates Go | ||
Premium costs are estimated as the specific zip code location can change coverage rates noticeably.
Deciding which companies quote the cheapest auto insurance rates for hybrid vehicles requires more time in order to find coverage that fits your budget.
Each company has their own formula to determine rates, so we need to take a look at the auto insurance companies with the overall best prices in Baltimore. It’s important to know that Baltimore auto insurance rates are determined by lots of factors which can substantially change the price you have to pay for coverage. Improving your credit rating, buying a different home, or getting a driving violation may generate price changes that can now make some companies more affordable than before.
Find Cheaper Auto Insurance for Hybrids
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $930 |
| 2 | Liberty Mutual | $1,092 |
| 3 | Penn National | $1,137 |
| 4 | Erie | $1,161 |
| 5 | State Auto | $1,190 |
| 6 | Amica | $1,295 |
| 7 | Travelers | $1,384 |
| 8 | MetLife | $1,386 |
| 9 | Nationwide | $1,393 |
| 10 | GEICO | $1,428 |
| 11 | California Casualty | $1,484 |
| 12 | Allstate | $1,662 |
| 13 | State Farm | $1,696 |
| 14 | Progressive | $2,128 |
| 15 | Encompass | $2,566 |
| 16 | Victoria | $3,023 |
| Compare Rates Now Go | ||
USAA has some of the cheapest car insurance rates in Baltimore at around $930 each year. This is $629 less than the average rate paid by Maryland drivers of $1,559. Liberty Mutual, Penn National, Erie, and State Auto would also make the list of some of the lowest-priced Baltimore, MD auto insurance companies.
As shown above, if you currently have a policy with Liberty Mutual and switched to USAA, you might see an annual savings of approximately $162. Drivers with Penn National could save as much as $207 a year, and Erie customers might realize rate reductions of up to $231 a year.
If you want to find out if you’re overpaying, click here to get quotes or visit several of the following companies.
These estimates are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a specific location for hybrid vehicles. So the car insurance company that has the cheapest rates for you may not even be in the top 16 companies in the list above. That helps illustrate why you need to compare as many prices as possible using your own driver and vehicle profiles.
Baltimore auto insurance company ratings
Selecting the best company is difficult considering how many companies sell insurance in Baltimore. The company information displayed below could help you decide which providers to look at when shopping around. The rankings below only include companies that write coverage in many states, so smaller companies are not included in these rankings.
Top 10 Major Car Insurance Companies in Baltimore Ranked by A.M. Best Rating
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
- Allstate – A+
Top 10 Major Car Insurance Companies in Baltimore Ranked by Customer Service
- USAA
- Travelers
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
- Esurance
The chart below demonstrates how deductibles can influence insurance prices when quoting cheap insurance for hybrid vehicles. The premiums are based on a single female driver, full physical damage coverage, and no other discounts are factored in.
In the chart above, a 50-year-old driver could reduce rates by $320 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $486 by changing to a $1,000 deductible. Even younger drivers, like the 20-year-old example, could drop their prices up to $816 or more by selecting a higher deductible. If you do raise deductibles, it is a good idea to have enough in a savings account to enable you to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Impact of violations and accidents on rates in Baltimore
The obvious way to maintain the cheapest auto insurance rates in Baltimore for hybrids is to drive carefully and avoid traffic citations and accidents. The illustration below illustrates how speeding tickets and fender-benders raise insurance costs for different age groups of insureds. The premiums assume a married female driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.
The chart shows that the average cost of car insurance in Maryland per year with a clean driving record and no accidents is $1,731. Add in two speeding tickets and the average cost surges to $2,454, an increase of $723 each year. Now include one accident along with the two speeding tickets and the annual cost of auto insurance for hybrid vehicles increases to an average of $3,198. That’s an increase of $1,467, or $122 per month, just for not being attentive to the road!
If you like to have a professional recommendation when shopping for cheaper insurance for hybrid vehicles, the professional agents shown below are a good start to help you make a decision which coverage fits your budget.
To find an auto insurance agency by location nearest to you, click the button link following the list or click here to compare price quotes.
Senate Select Insurance
5417 Reisterstown Rd – Baltimore, MD 21215 – (410) 358-0411
Mason and Carter Inc
23 South St – Baltimore, MD 21202 – (410) 539-6767
Baltimore Insurance Network
11 E Lexington St – Baltimore, MD 21202 – (443) 869-6424