College Park, MD Car Insurance

On average, College Park drivers pay around $102 a month for their car insurance. To learn more about car insurance rates in the College Park area, read our guide below.
Are rates in College Park higher or lower than those in neighboring areas? How do they compare to the rest of Maryland? What rates should residents of College Park expect to pay for their car insurance? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in College Park?

Area Average Monthly Car Insurance Premium
College Park$102
MD$120
United States$80

Based on the chart above, you can see that coverage in College Park typically costs about $18 a month less than it does in the rest of Maryland.

That being said College Park residents will likely pay higher rates to insure their vehicle than in the rest of the country. The average monthly payment in College Park is about $22 more expensive than the rate for the rest of the U.S.

While these numbers are the average rates for auto insurance in College Park, that doesn't mean it's what you'll pay. There are a number of factors that determine how much insurance companies might charge you to insure your vehicle. The final dollar amount you'll be asked to pay each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.

But don't worry, we've broken down the average rate for College Park residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. To find out if you're overpaying for your area, just enter your ZIP Code below and find out in minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$131
25-34$83
35-44$87
45-54Not Enough Data
55-64$53
65+$63

Generally speaking, the older you are, the more experience you have driving, right? That experience can lead to some serious savings when it comes to auto insurance bills. In this case, 18-24-year-olds pay $68 more than someone who is at retirement age.

As you get older, you can expect to see a drop in your monthly premium every 10 years. That said, once you hit retirement age, your rates may begin to increase again in College Park.

Average Car Insurance Rates by Gender

Gender Average
Male$105
Female$89

On average, female drivers pay slightly less for car insurance than their male counterparts. The difference in average rates in College Park totals about $16 per month. Based on the chart above, you can see that male drivers pay $105 on average, while female drivers typically pay $89 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$121
Multiple Accidents$172
1 Ticket$111
Multiple Tickets$193

Depending on your driving record, your rates can vary wildly. Those with clean records will obviously pay much less than those with infractions. Drivers in College Park with one accident will pay around $121 a month. Likewise, drivers with one ticket will be looking at a rate of around $111 a month on average.

Wherever you live, accidents, tickets, and other driving infractions can cost you some serious cash. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$118
2-3 Years$131
4-5 Years$112
6-7 Years$123
8-10 Years$99
11-14 Years$99
15 Years or Older$83

In terms of affordable coverage, the cheapest vehicles to insure in College Park are typically cars, at $101 per month.

Truck and van drivers will see rates of about $105, while the rates for SUV owners average out to about $102 a month.

In addition to vehicle type, you can also expect to see slightly different rates depending on how old your vehicle is. Generally, newer vehicles are going to be the most expensive to insure. Once your car is a few years old, however, you may see your rates begin to drop back down. In College Park, the most expensive vehicles to insure are vehicles two-to -three years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$109
Married$73
Divorced$101
Widowed$49

Generally speaking, car insurance is slightly cheaper for married policyholders. This occurs because insurance companies commonly award special discounts to policyholders with multiple vehicles that are on the same policy.

On a national scale, single drivers typically pay more than married couples do for auto insurance. College Park is no exception, with the difference totaling to around $36 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$94
Rent$101
Live with parents$158

One other element taken into consideration is your living situation. Homeowners in College Park can expect to pay around $7 a month less than those who rent. But if you live with your parents, your rates will be significantly higher.

Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.

Car Insurance Companies in College Park, MD

Recent trends in car insurance for College Park drivers

Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before deciding on where to shop.

In College Park, the rates for car insurance rose from 2016-2017, but began to turn downward in 2020. This pattern has continued through 2021 when rates have most recently hit $78.

How does College Park compare to neighboring areas?

Why are car insurance rates in College Park different from other areas?

Car insurance companies will take into account several factors when they're figuring out how much to charge for a policy. A few of these factors affecting your personal policy have already been mentioned, but others are based around your home address. These include things like:

  • Frequency of car accidents
  • Number of drivers in the community
  • Off-street parking accessibility
  • Area regulations
  • Area crime rates

An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in College Park?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

Fortunately, Compare.com does all of that work for you. Just type in your ZIP below, answer a few questions about your driving profile, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies providing auto coverage in College Park.

Compare the cheapest quotes from dozens of insurance companies

College Park Insurance FAQs

What factors affect car insurance quotes in College Park?

Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your gender and age, as well as your driving record, credit score, address, and marital status.

Why is the cost of car insurance in College Park different from other neighboring cities?

Auto insurance companies consider regional factors, such as local laws, crime rates, and parking situations into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

Which car insurance company will offer me the cheapest rate in College Park?

No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, it's a good idea to use sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to College Park?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to College Park or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes