Maryland drivers pay an average of $1,784 per year for car insurance, but shopping around for affordable coverage can help you find some serious savings. We found that the cheapest car insurance companies in Maryland are USAA, GEICO, Travelers, State Farm, and Cumberland.
The best way to save money on car insurance is to compare quotes from multiple companies before you buy. Policygenius can help you see what you’ll pay for coverage from top car insurance companies, so you can be sure you’re picking the right policy.
Key takeaways
Maryland drivers are required to have $30,000 per person and $60,000 per accident in bodily injury liability coverage and at least $15,000 in property damage liability coverage
Personal Injury Protection (PIP) and uninsured/underinsured motorist coverage are also required in Maryland
Cheapest car insurance companies in Maryland
Car insurance rates vary from company to company, which is why it’s important to compare quotes before you buy. Here are the cheapest car insurance companies in Maryland by average rate:
Company | Average cost | JD Power Rating |
|---|
USAA | $806 | 890 |
GEICO | $917 | 874 |
Travelers | $1,224 | 854 |
State Farm | $1,380 | 882 |
Cumberland | $1,477 | -- |
Cheapest car insurance companies by age in Maryland
Since young drivers often get into accidents while they are gaining experience behind the wheel, they’re more expensive to insure than older drivers. But as long as they keep a clean driving record, young drivers will see their rates gradually decrease as they approach 25.
Age | Cheapest company | Average cost |
|---|
16 | GEICO | $3,554 |
18 | USAA | $2,317 |
21 | USAA | $1,141 |
25 | USAA | $905 |
30 | USAA | $841 |
35 | USAA | $815 |
45 | USAA | $762 |
55 | USAA | $721 |
60 | USAA | $718 |
65 | USAA | $774 |
70 | USAA | $774 |
Choosing the right car insurance company in Maryland
There’s no one right car insurance company for every driver. Since car insurance rates are so personalized, the only way to be sure you’re picking the right policy for you is to shop around and compare options. Policygenius can help you see what you’d pay for coverage with top car insurance companies, so you can be sure you’re making the right choice for your needs.
Car insurance rates for drivers with driving violations in Maryland
Any accidents or moving violations on your driving history will mean higher car insurance rates. The good news is that most violations won’t stay on your record forever, and after a few years, you could start seeing lower rates again.
Cheapest car insurance for drivers with bad credit in Maryland
Drivers with poor credit pay more for car insurance, which makes it all the more important for them to shop around and compare quotes before picking a policy. Keep an eye on your credit and make sure there aren’t any errors that could be bringing down your score.
Company | Rates for drivers with bad credit |
|---|
GEICO | $1,255 |
USAA | $1,468 |
Travelers | $2,431 |
Nationwide | $2,573 |
Cumberland | $2,745 |
Car insurance costs in Maryland cities
Where you live in Maryland will also affect how much you’ll pay for car insurance. Crime rates, average repair costs, and the numbers of accidents and claims will all affect car insurance costs in your area. Here’s how average rates compare in the 10 biggest cities in Maryland:
Baltimore: $2,804
Frederick: $1,442
Rockville: $1,783
Gaithersburg: $1,786
Bowie: $1,998
Hagerstown: $1,450
Annapolis: $1,723
Salisbury: $1,478
College Park: $2,209
Laurel: $2,019
Buying car insurance in Maryland
In Maryland, as in most states, drivers are required to have bodily injury and property damage liability coverage.
Maryland residents are also required to have Personal Injury Protection (PIP), which covers the cost of your injuries and medical bills after an accident and uninsured/underinsured motorist coverage, which will pay the costs if the other driver is at fault, but doesn’t have any or enough insurance.
Bodily injury liability coverage per person: $30,000
Bodily injury liability coverage per accident: $60,000
Property damage liability coverage: $15,000
Personal injury protection: $2,500 per incident
Uninsured/underinsured motorist coverage: $30,000 per person; $60,000 per incident; and $15,000 in PD coverage
Even though PIP is required in Maryland, it’s still an at-fault state, meaning the insurance company of the driver responsible for an accident must pay the other party’s repair costs and medical bills, up to the limits of the policy. That’s why it’s important to set your liability limits as high as you can reasonably afford, so you’re fully protected in case of an accident.
Maryland drivers who are denied car insurance policies from multiple companies or who have had their car insurance canceled for a reason other than not paying their premiums can find cheap coverage through the Maryland Auto Insurance Fund.
How to get cheap car insurance in Maryland
Many of the factors that go into calculating your car insurance rate are beyond your control, but discounts can help you save on your policy. Some of the most common car insurance discounts include:
Safe driver discount: For drivers with no recent accidents
Low mileage discount: For drivers who drive less than 7,500 miles annually
Loyalty discount: For drivers who have been with the same company for a set number of years
Bundling discount: For getting more than one insurance policy from the same company
Military discount: For drivers who are active-duty service members and their families
Find car insurance in your city:
Frequently asked questions
Does Maryland have high car insurance?
Drivers in Maryland pay an average of $1,784 per year for car insurance, which is slightly above the national average.
Why should I get more insurance than required in Maryland?
Maryland state minimums only offer the basic level of protection in case you’re in an accident. Since accidents can cost tens of thousands of dollars, it’s safer to be prepared with enough coverage to prevent having to pay out of pocket after an expensive accident.
Who has the cheapest insurance in Maryland?
USAA has the cheapest rates in Maryland, but it's only available to drivers who are affiliated with the military. GEICO is the cheapest insurer in Maryland for the general public.
How much is car insurance per month in Maryland?
Drivers in Maryland pay an average of $149 per month for car insurance, or $1,784 per year.
Methodology
Policygenius has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:
Bodily injury liability: $50,000 per person/$100,000 per accident
Property damage liability: $50,000
Uninsured/underinsured motorist: $50,000 per person/$100,000 per accident
Comprehensive: $500 deductible
Collision: $500 deductible
In some cases, additional coverages were added where required by state or insurer.
Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.
Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
