Table of contents
How much is car insurance in Dundalk?
|Area||Average Monthly Car Insurance Premium|
As you can tell from the chart above, the cost of coverage in Dundalk is about $23 a month more expensive than the rest of Maryland.
If you're considering relocating to Dundalk from out of state, you may want to budget a little extra for your insurance. It's around $63 more expensive to insure your vehicle in Dundalk compared to the average rate for the rest of the U.S.
Bear in mind that while these rates are the average costs for Dundalk residents, it doesn't mean that's what you'll pay. Insurance companies weigh a variety of factors when determining how much to charge you for car insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect your policy's monthly price.
But don't worry, we've broken down the average rate for Dundalk residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. To find out if you're overpaying for your area, just enter your ZIP Code below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
It makes sense that older drivers would have more experience behind the wheel. It also makes sense that the more experienced of a driver you are, the safer you are. In this case, 18-24-year-olds pay twice as much as someone who is at retirement age.
For every 10 years, you can expect to see a decrease in your monthly premium. As you get closer to retirement age, however, you may see your rates climb back up a bit in Dundalk.
Average Car Insurance Rates by Gender
In general, women pay slightly less for car insurance than men. In Dundalk, although men do pay a little bit less on their monthly premiums, the cost is about the same for either group.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Rates can vary wildly depending on your driving record. Drivers with clean records can expect to pay significantly less than those with accidents or violations. In Dundalk, a driving record with a single accident will usually get you a rate around $170 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $212.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$190|
|15 Years or Older||$124|
If you look at the first table above, you'll see that trucks and vans are by and large the cheapest vehicles to insure in Dundalk, with drivers paying around $128 per month for insurance coverage.
Car owners will see a monthly premium of about $143, while SUV owners usually pay around $148 per month.
In addition to vehicle type, you can also expect to see slightly different rates depending on how old your vehicle is. Generally, the most expensive vehicles to insure are going to be newer ones. However, once your car is a few years old, you may start to see your monthly premium decrease. The most expensive vehicles to insure in Dundalk are vehicles four-to-five years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$155|
Generally, those who are currently married will pay slightly less for car insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something that will often get you a discount.
At a national level, single drivers usually pay more than married couples do for auto insurance. Dundalk follows that pattern, with the difference totaling to around $41 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$182|
Another factor taken into consideration is your housing status. If you rent your home or apartment, expect to pay around $13 a month more than those who own their own home in Dundalk. But if you live with your parents, you can expect to pay a lot more.
That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.
Car Insurance Companies in Dundalk, MD
Recent trends in car insurance for Dundalk 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 Dundalk, the rates for car insurance had been increasing from 2016-2017, when they hit a low of $113. This leveled out in 2018, when car insurance rates started to rise. They reached a high of $182 in 2020, and finished down in 2021, at $138 a month.
How does Dundalk compare to neighboring areas?
Why are car insurance rates in Dundalk different from other areas?
Car insurance companies will take into account numerous factors when they're deciding how much to charge for a policy. The specifics of where you live will have an impact on your personal policy. This might include things like:
- Community laws
- Access to off-street parking
- Road Safety (how many accidents each locality has)
- Total number of drivers in the community
- Area crime rates
An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. With the knowledge that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.
How can I find the cheapest car insurance in Dundalk?
While understanding what the average costs are for drivers like you can be helpful as you get an idea of what you might end up paying, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
Don't worry, Compare.com does all of that work for you. Just punch in your ZIP below, answer a few questions regarding the factors mentioned above, and you'll be comparing the cheapest quotes from a number of the car insurance companies offering plans in Dundalk.
Dundalk Insurance FAQs
What factors affect car insurance quotes in Dundalk?
The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your gender and age, but also factors like your vehicle's year, make and model, as well as your driving record, credit score, marital status, and address.
Why is the cost of car insurance in Dundalk different from other neighboring cities?
Auto insurance companies consider regional factors, such as crime rates, parking situations, and local laws 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 Dundalk?
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 Dundalk?
Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Dundalk or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.