Home Insurance in Baltimore, MD
Be a more responsible homeowner with a customized plan for home insurance in Baltimore
Baltimore tops out at almost 570,000 residents, making it Maryland's largest city. It is also the nation's largest independent city, meaning that it's not a part of one or more counties. There's much to see and do in Baltimore. There's the Inner Harbor, with attractions such as the National Aquarium, the Maryland Science Center and the USS Constellation museum ship. You can also enjoy America's Pastime by watching the Orioles play ball downtown at Orioles Park in Camden Yards.
Baltimore is noted for its affordability, as the median home value is approximately $175,000. The city features a variety of neighborhoods. Whether you're looking for a historic row house in Fells Point, a trendy loft in Mount Vernon or a suburban-style home in Rodgers Forge, you're sure to find something to your taste; however, you'll need home insurance in Baltimore to protect your home.
Most lenders require homeowners to carry insurance to cover losses or damage. Whether you're paying a mortgage or not, these Baltimore-area factors pose a threat to your residence:
With the median household income being about 30% of the median home price, having home insurance is a good idea and VIU by HUB can help.
Typically, a home insurance policy in Maryland offers these protections:
Homeowner's policies protect from various perils such as fire, smoke, water, theft, vandalism, explosions and certain weather events, among others. VIU by HUB helps you sort through what is covered and what isn't covered. For example, Baltimore is subject to coastal flooding, and, as most home policies don't cover floods, you'll probably need to purchase flood insurance separately.
Baltimoreans pay on average almost $4,211 annually for home insurance, exceeding the average for Maryland and the national average of $2,417. Various factors influence your premium, including these:
Other factors impact your annual premium including coverage levels, certain home features and your out-of-pocket contribution, known as a deductible. Finding the best policy for home insurance in Baltimore is essential to responsible home insurance. VIU by HUB helps you find a plan that works for you.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
