Gwynn Oak, MD Car Insurance

Drivers in Gwynn Oak pay, on average, $193 a month for their car insurance. To learn more about what you're likely to pay in the Gwynn Oak area, read our guide below.
How do rates in Gwynn Oak measure up compared to neighboring areas, including Maryland as a whole? What can Gwynn Oak residents expect to pay for their car insurance? You can find average cost breakdowns based on a wide array of factors in the charts and writeups below:  

How much is car insurance in Gwynn Oak?

Area Average Monthly Car Insurance Premium
Gwynn Oak$193
MD$120
United States$80

As you can see in the chart above, it is around $73 a month more expensive to insure your vehicle in Gwynn Oak than it is in the rest of Maryland.

Likewise, the expected monthly payments for an auto insurance policy in Gwynn Oak are above the national average. The average monthly payment in Gwynn Oak is about $113 more expensive than the rate for the rest of the U.S.

Keep in mind that while these are the average car insurance rates for Gwynn Oak, it isn't guaranteed that it's what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to insure your vehicle. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all play a part in your policy's monthly price.

But don't worry, we've broken down the average rates for Gwynn Oak residents based on several different factors so that you can get a more accurate idea of what you might pay. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below and find out in just minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$313
25-34$182
35-44$173
45-54Not Enough Data
55-64$157
65+$128

Generally, the older you are, the more experienced you are on the roads, right? That experience can really work in your favor when factored into your car insurance rates. In this case, 18-24-year-olds pay $185 more than drivers 65 and older.

As you get older, you can expect to see a drop in your monthly premium every 10 years. Gwynn Oak drivers may see their rates begin to increase again once they hit retirement age.

Average Car Insurance Rates by Gender

Gender Average
Male$194
Female$191

Male drivers pay, on average. slightly more than female drivers for auto insurance. The price to insure your car in Gwynn Oak, however, is about the same for either group.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$209
Multiple Accidents$368
1 Ticket$461
Multiple Tickets$458

One of the key factors in determining your car insurance rates is your driving record. Those with clean records will obviously pay significantly less than those with infractions. The rate for drivers in Gwynn Oak with a single accident on their record is about $209 a month. In addition, drivers with one ticket can expect to pay around $461 a month on average.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. So, if you're looking for cheap car insurance, drive carefully and keep a clean record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$252
2-3 Years$231
4-5 Years$214
6-7 Years$178
8-10 Years$221
11-14 Years$182
15 Years or Older$169

The cheapest vehicles to insure in Gwynn Oak are usually trucks and vans, with each type typically costing about $152 per month.

SUV drivers will see rates of about $192, while the rates for car owners average out to about $198 per month.

Vehicle age can also affect your monthly bill. Generally, the most expensive vehicles to insure are going to be newer ones. However, your rates may start to decrease if your car is a few years old. In Gwynn Oak, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$204
Married$150
Divorced$150
Widowed$129

Generally, married policyholders will pay slightly less for auto insurance coverage. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.

The difference in rates based on relationship status in Gwynn Oak is about $54 a month, with married couples paying less for coverage than single drivers.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$172
Rent$206
Live with parents$218

Your living situation is another component of how insurance companies calculate your monthly rate. If you rent your home or apartment, expect to pay around $34 a month more than if you own your own home in Gwynn Oak. But if you live with your parents, you can expect to pay a lot more.

Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your overall costs.

Car Insurance Companies in Gwynn Oak, MD

Recent trends in car insurance for Gwynn Oak drivers

Given that average rates are often changing, it's a smart move to know the direction your area is trending before picking an insurance policy.

The cost of auto insurance coverage in Gwynn Oak rose consistently from 2016 through the present, where they hit $293 a month in 2021.

How does Gwynn Oak compare to neighboring areas?

Why are car insurance rates in Gwynn Oak different from other areas?

When considering how much to charge for coverage, car insurance companies will review a variety of factors. The price of your insurance policy will depend largely on where you call home and will be influenced by things such as:

  • Access to off-street parking
  • Total number of drivers in the region
  • Prevalence of crime
  • Area laws
  • Frequency of car accidents

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Realizing 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 corner of the world.

How can I find the cheapest car insurance in Gwynn Oak?

Familiarizing yourself with patterns in the average costs of drivers like you will give you a leg up in conversations with insurance companies. Ultimately, the only way to know exactly what your rate will be is by requesting a quote from those car insurance companies.

But wait! Compare.com will handle the heavy lifting for you. Just enter your ZIP below, respond to a few questions, and you'll be comparing the cheapest quotes from numerous car insurance companies providing plans in Gwynn Oak.

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Gwynn Oak Insurance FAQs

What factors affect car insurance quotes in Gwynn Oak?

Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your driving record, credit score, marital status, and address.

Why is the cost of car insurance in Gwynn Oak different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like crime rates, parking situations, and local laws -- which can vary from city to city -- can significantly affect your rate.

Which car insurance company will offer me the cheapest rate in Gwynn Oak?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Gwynn Oak?

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. 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 Gwynn Oak 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