Baltimore Home Insurance Costs (2026)

How much is homeowners insurance in Baltimore?

Homeowners insurance in Baltimore averages $273 a month for the house we priced, with rates as of Sept. 30, 2026. The 5 major insurers we compared are State Farm, USAA (military families only), Erie, Allstate and Travelers, and each one priced our sample home in all 20 Baltimore ZIP codes in our data, in the independent city of Baltimore. For this house, Baltimore is the most expensive of the 3 Maryland cities in our data with at least 5 ZIP codes, and above the Maryland average of $262 a month.

Our figures are for a $300,000 dwelling, which works out to about $10.92 a year for each $1,000 of dwelling coverage in Baltimore; insuring a larger or costlier house for more usually costs more, though not always in step with the limit.

For the same insurers and ZIP codes, the Baltimore average fell 10.8% since Nov. 2025, from $3,672 a year ($306 a month) on Nov. 30, 2025, to $3,276 ($273) on Sept. 30, 2026, as Travelers’ fell 25.5%, Erie’s rose 10.6% and the other insurers’ prices didn’t change.

Homeowners insurance averages by insurer in Baltimore for our sample home (rates as of Sept. 30, 2026)

State Farm averaged $142 a month ($1,704 a year), USAA (military families only) $143 ($1,721), Erie $198 ($2,371), Allstate $345 ($4,134) and Travelers $537 ($6,449) for our sample home.

Same sample home: each insurer’s average yearly price in the same Baltimore ZIP codes, Nov. 30, 2025 and Sept. 30, 2026

All 5 insurers in the table priced the same 20 Baltimore ZIP codes on both dates.

By ZIP code: each insurer’s yearly price for the same house changed with the Baltimore address:

• State Farm ran from $1,577 a year in 21212 to $1,892 in 21216.
• USAA (military families only) ran from $1,555 a year in 21229 to $1,853 in 21216.
• Erie ran from $1,839 a year in 21209 to $2,773 in 21213.
• Allstate ran from $3,484 a year in 21231 to $4,600 in 21205.
• Travelers ran from $5,580 a year in 21210 to $8,002 in 21216.

Why one insurer stands out: Travelers’ average for our sample home, $537 a month, is about 2.6 times the other 4 insurers’ average. It stays in our figures. Without it, the Baltimore average would be $207 a month ($2,482 a year), 21.1% below the Maryland average.

Same sample home in Baltimore with all 5 insurers and without Travelers (rates as of Sept. 30, 2026)

The Maryland figure includes every insurer we priced in the state.

Who has the cheapest homeowners insurance in Baltimore?

State Farm had the lowest home average for our sample home of the insurers anyone can buy from, $142 a month ($1,704 a year), 28.1% below Erie’s $2,371 a year, the next of those insurers. It may not be the lowest for your house, so compare a few quotes.

What changes your price: where the house sits, its value, age and roof, your deductibles, claims and credit, and whether you add a car. In Baltimore, ZIP code averages for this house ran from $247 to $300 a month, while insurers’ Baltimore averages ran from $142 to $537.

If prices stayed where they are today, the $2,430-a-year gap between the lowest and highest averages among the insurers anyone can buy from in Baltimore, other than Travelers, which priced far above the rest, would add up to $12,150 over five years for this house.

Same house, different city: how does Baltimore compare?

The same sample home costs $273 a month in Baltimore, $235 in Silver Spring and $269 in Hyattsville, the 3 Maryland cities in our data with at least 5 ZIP codes.

Same sample home: average home insurance prices in Baltimore, other Maryland cities and the state (rates as of Sept. 30, 2026)

Each city covers the ZIP codes in our rate data with that city as their main mailing address; every row prices the same house.

Baltimore has the highest average of these Maryland cities; Silver Spring, the lowest, averages $235 a month, 13.9% less for the same house.

Compared with Silver Spring, the Maryland city with the most ZIP codes in our data after Baltimore (7), the same house costs 16.1% more to insure in Baltimore.

Across the U.S., 158 of the other 291 cities in our data with at least 5 ZIP codes priced have a lower average for this house than Baltimore, and 133 a higher one.

For the statewide picture, see home insurance costs in Maryland and Columbia home insurance costs.

Compare all states: home insurance costs for the same house in all 50 states and D.C.

Is $200 a month a lot for home insurance in Baltimore?

$200 a month is less than our sample home costs in Baltimore: $273 a month, the most expensive of the 3 Maryland cities in our data with at least 5 ZIP codes. 3 of the 5 insurers we compared averaged under $200 for the same house: State Farm ($142), USAA (military families only) ($143) and Erie ($198). If a quote for your home is near $200, compare its dwelling limit and deductibles with ours ($300,000 and $1,000) before you decide.

What is the 80% rule in homeowners insurance?

A consumer guide from the National Association of Insurance Commissioners, the group of state insurance regulators, explains that many policies reduce a partial-loss payment if you insure for less than 80% of your home’s replacement cost, the cost to rebuild it. For our $300,000 sample house, that’s at least $240,000, so check your limit against a current rebuilding cost, not the home’s market value.

How do hurricane and wind deductibles work in Baltimore?

Your deductible is the amount you pay out of pocket on each claim before your insurer pays. The house we priced has a $1,000 deductible for covered losses other than a hurricane, including wind and hail. Our sample home request also includes a 2% hurricane deductible, a setting we use in every state; real policies near the coast may carry a larger hurricane deductible, so ask for yours.

Some Maryland policies carry a special deductible for wind, hail, hurricanes or other storms, set in dollars or as a percentage of dwelling coverage, and Maryland law generally caps a percentage hurricane deductible at 5% of the coverage limit, the Maryland Insurance Administration says.

Your wind and hail deductible in dollars (illustration only)

The table shows deductibles, not premiums. At 2%, the deductible on our sample home’s $300,000 dwelling is $6,000, more than the $3,276 a year that house averages in Baltimore.

A higher deductible usually lowers your premium, so weigh the lower price against the bigger bill you’d face after a storm.

What if an insurer won’t renew your Baltimore home?

Read the notice and your policy’s own cancellation and nonrenewal terms, then start shopping right away. If a notice doesn’t make sense to you, or you need help with a claim, call the Maryland Insurance Administration at 800-492-6116.

If you can’t get coverage from a regular insurer, Maryland’s Joint Insurance Association offers essential property insurance on homes.

In our data, every insurer we compared priced our sample home in all 20 Baltimore ZIP codes.

How much is condo insurance in Baltimore?

Condo insurance for our sample condo averages $48 a month ($581 a year) in Baltimore. For our sample condo, prices among the 4 insurers we compared ranged from $31 to $70 a month, a $39-a-month gap for the same coverage.

Condo insurance averages by insurer in Baltimore for our sample condo (rates as of Sept. 30, 2026)

State Farm averaged $31 a month ($376 a year), USAA (military families only) $44 ($531), Erie $48 ($580) and Allstate $70 ($837) for our sample condo.

We don’t name a lowest condo insurer in Baltimore (the methodology explains when we do); the condo table above lists every insurer’s average for the same condo, from $31 to $70 a month.

For condo insurance, Baltimore is the 2nd least expensive of the 3 Maryland cities in our data with at least 5 ZIP codes: its average is 8.1% above the Maryland condo average of $538 a year ($45 a month) and 20.7% above the average of the 50 states and D.C., $481 a year ($40 a month). Among the 292 U.S. cities in our data with at least 5 ZIP codes priced, 153 have a lower condo average for our sample condo than Baltimore, 138 a higher one.

For the same insurers and ZIP codes, the Baltimore condo average rose 2.9% since Nov. 2025, from $47 to $48 a month, as Erie’s rose 12.6% and the other insurers’ prices didn’t change.

By ZIP code, the Baltimore condo average for our sample condo ran from $43 a month in 21210 to $54 in 21223. Of the 20 ZIP codes, 10 averaged more than the city’s $48 a month for our sample condo, 8 less and 2 the same.

Our sample condo is a 2,000-square-foot unit in a building built in 2005, with $60,000 of coverage for the unit, $60,000 for belongings, $300,000 liability and a $1,000 deductible. The owner is 40, single, has good credit and no claims in 10 years.

• $60K unit coverage
• $60K belongings
• $1,000 deductible
• Built 2005

Which part of a Baltimore condo is yours to insure?

The association’s master policy covers the building, and your condo policy covers what the declaration and master policy leave to you. In our sample policy, $60,000 covers the inside of the unit and $60,000 your belongings, and that package averages $48 a month in Baltimore.

What to check with your HOA before you buy condo insurance

• The master policy: ask the association or manager for its certificate of insurance and declarations page.
• Bare walls or more: find out whether it stops at the bare walls or also covers fixtures and finishes; that sets your unit coverage.
• The master deductible: ask how large it is and whether the association can pass part of it to owners after a storm.
• Loss assessment: ask your insurer how much loss assessment coverage your policy includes (it can pay your share if the association bills owners for a covered loss to shared parts of the building).

Official resources for Baltimore homeowners

• Baltimore City Floodplain Management Program Help finding out whether a property is in the regulated floodplain.
• National Weather Service Sterling: hurricane history The official look back at Hurricane Isabel and other storms in the Baltimore-Washington area.
• Maryland Insurance Administration Consumer help, complaints and licensed insurers. Consumer line: 800-492-6116.
• Maryland Joint Insurance Association Coverage when regular insurers say no.
• National Association of Insurance Commissioners: homeowners guide Coverage basics and the 80% rule.
• FEMA Flood Map Service Center The official source for FEMA flood maps.
• FloodSmart FEMA’s site for the National Flood Insurance Program.