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Mandy Sleight has been a licensed insurance agent since 2005. She has three years of experience writing for insurance websites such as Bankrate, MoneyGeek and The Simple Dollar. Mandy writes about auto, homeowners, renters, life insurance, disability and supplemental insurance products. Mariah Posey is an auto and homeowners insurance writer and editor for Bankrate.com. She aims to make the insurance journey as convenient as possible by keeping the reader at the forefront of her mind in her work. Kenneth Chavis IV is a senior wealth manager who provides comprehensive financial planning, investment management and tax planning services to business owners, equity compensated executives, engineers, medical doctors and entertainers. Updated Nov 02, 2022 Pay less for auto insurance A better rate is around the corner. See how much you could save in 3 minutes or less. Your information is secure Next Compare quotes from reliable carriers + MORE how it works Caret Down Provide some info to get offers We only ask for info that can impact your rate so we can share accurate and personalized offers. Select your policy Compare and move forward with as many offers as you want from a list of trusted carriers. Settle your rate and policy details Once you've decided on a carrier, wrap up the process online or on the phone with a trusted agent. On This Page
Compare rates and save on auto insurance today! Get quotes Close X The average cost of car insurance in Maryland is $1,931 per year for a full coverage policy and $836 per year for a minimum coverage policy. Maryland drivers pay lower full coverage rates than drivers in many nearby states, like Delaware and Pennsylvania. However, Maryland car insurance rates are more expensive than the national average rate, likely due to factors like traffic density and a high frequency of accidents, which leads to more claims. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers Save on auto insurance with quotes from trusted providers like Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers Save on auto insurance with quotes from trusted providers like Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More How much does car insurance cost in Maryland
One of the factors that determines how much is car insurance in Maryland is where you live. Maryland drivers pay $1,931 per year for full coverage, based on 2022 data from Quadrant Information Services. For comparison, the in the U.S. is $1,771 for full coverage, which is about 8% lower than the average rate in Maryland. Although Maryland drivers pay higher average car insurance rates, there are ways to help keep rates low. or might help you find the best company and premiums for you. Your age, driving record, type of car, commute time and credit score may also be deciding factors that help determine your auto insurance rates. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto with quotes from trusted providers like: Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Maryland car insurance rates by company
Every in Maryland sets its own rates, which will vary based on your driving profile, where you live and the coverages you need. Based on our research, USAA has the cheapest average rates for full coverage and Allstate has the for minimum coverage in Maryland. The table below shows the average rates for minimum liability and full coverage insurance from several car insurance companies in Maryland: Car insurance company Average annual premium for full coverage Average annual premium for minimum coverage $2,265 $521 $1,622 $724 $1,681 $704 $2,974 $1,427 $1,690 $608 $1,561 $947 $4,005 $1,393 $1,580 $1,016 Penn National $1,660 $1,048 $1,833 $976 $2,081 $1,118 $1,963 $856 $1,398 $533 Maryland car insurance rates by city
Another factor that impacts the cost of car insurance in Maryland is your city and ZIP code. In Maryland, car insurance premiums tend to be the most expensive in Dundalk and the least expensive in Hagerstown, according to average rate data. In the table below, you can see the average cost of car insurance in the top 20 cities in Maryland by population: City Average annual premium for full coverage % difference from state average annual premium Baltimore $2,271 18% Columbia $1,768 -8% Germantown $1,738 -10% Silver Spring $1,958 1% Waldorf $1,945 1% Ellicott City $1,826 -5% Frederick $1,470 -24% Glen Burnie $1,891 -2% Rockville $1,754 -9% Gaithersburg $1,762 -9% Bethesda $1,679 -13% Dundalk $2,357 22% Bowie $1,964 2% Towson $1,986 3% Bel Air $1,711 -11% Severn $1,861 -4% Potomac $1,742 -10% Odenton $1,733 -10% Catonsville $2,066 7% Hagerstown $1,435 -26% Maryland car insurance rates by age
Your age can impact your car insurance rates in every state, especially Maryland. According to the average annual premium costs for Maryland drivers, car insurance rates start to decrease around age 25 and eventually increase again around age 70. In the table below, you can see the average car insurance rates in Maryland for drivers in various age groups: Age Average annual premium for full coverage in Maryland $4,058 $3,831 $3,215 $2,385 $1,765 $1,945 *16- through 20-year-old driver calculated on a parent's policy. Maryland car insurance rates by driving record
Maintaining a clean driving record in Maryland is a great way to keep costs low for car insurance. Auto insurance rates are impacted by your motor vehicle record, which means getting a speeding ticket conviction or having an at-fault accident could increase your premium significantly. For example, getting a will increase your car insurance premium by about 83%. The table below highlights average car insurance premiums based on various driving infractions: Driving incident Average annual full coverage premium in Maryland % increase of state average annual premium Speeding ticket conviction $2,334 21% At-fault accident $2,902 50% DUI $3,530 83% How to save on car insurance in Maryland
If you are looking to get , there are several ways to save in Maryland. Consider these savings tips to get the best price for car insurance in your Maryland city. Bundle with home: If you own a home or condo, you can usually take advantage of one of the highest percentage discounts available, the multi-policy discount. Renters may also be able to take advantage of a by bundling their renters insurance with auto. However, the discount is typically less compared to home insurance bundles. Check your mileage: If you drive less than about , which is average for Americans, you might get cheaper rates on car insurance. Not all companies offer mileage discounts, but some do and others may even offer if you do not drive much, which could further reduce how much you pay for Maryland auto insurance. Get rewarded for good driving habits: If you tend to be a safe driver by avoiding fast accelerations and sudden braking, you could get rewarded for your habits. Most auto insurance companies offer , which involve plugging a device into your car or using your smartphone to track your trips. Shop around: Another way to potentially save on your Maryland car insurance is to shop around for quotes. Make sure to compare the same coverages with different to see which company offers the best coverage for the best price. By doing this each year or just before your policy renewal, you could without sacrificing coverage. Take advantage of discounts: Most car insurance companies offer a and many of them are stackable, which could add up when you take advantage of all the discounts you are eligible for. Discounts for safety features, good students, safe driving, being accident-free and being a member of affinity groups are just a few of the ways you could potentially save money on auto insurance in Maryland. Frequently asked questions
While Maryland car insurance , ZIP code, driving profile, coverages and vehicle type, the average cost of car insurance in Maryland is about $161 per month for full coverage and $70 per month for state minimum liability auto insurance coverage.
The coverage required in Maryland is $30,000 for bodily injury per person, $60,000 for bodily injury per accident and $15,000 for property damage. The same liability minimums are required for uninsured and underinsured motorists. Personal injury protection (PIP) is required for a minimum amount of $2,500 per person, though you can sign a waiver if you do not want .
Traffic density, the frequency of accidents, thefts and vandalism acts, and weather-related events may all contribute to making Maryland auto insurance premiums higher than the national average. Maryland is also home to many popular cities, like Baltimore and Salisbury. According to the , metropolitan areas are also likely to have higher auto insurance rates.
There are many waves to save on auto insurance in Maryland. For instance, if you have an older car, you may consider removing if you can pay for the costs to fix your car or replace it out of pocket. You could also to reduce the premium, but make sure you can pay the higher deductible if you need to file a claim. Keeping a high insurance-based credit score will also likely get you cheaper premiums in Maryland. Methodology
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes. Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage. Written by Mandy Sleight Insurance Contributor Mandy Sleight has been a licensed insurance agent since 2005. She has three years of experience writing for insurance websites such as Bankrate, MoneyGeek and The Simple Dollar. Mandy writes about auto, homeowners, renters, life insurance, disability and supplemental insurance products. Mariah Posey is an auto and homeowners insurance writer and editor for Bankrate.com. She aims to make the insurance journey as convenient as possible by keeping the reader at the forefront of her mind in her work. Kenneth Chavis IV is a senior wealth manager who provides comprehensive financial planning, investment management and tax planning services to business owners, equity compensated executives, engineers, medical doctors and entertainers.