Best Auto Insurance Rates in Maryland

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Find Cheap Auto Insurance in Maryland (2020)

Are you a Maryland driver shopping around for auto insurance? In Maryland, drivers spend an average $1,769 per year on car insurance. If you're hoping to save money, you'll have to research options in your area. We've compiled everything you need to know to find cheap car insurance in Maryland.

According to our data, Kemper and GEICO offer the cheapest car insurance policies in Maryland. However, rates depend on personal factors that insurers use to price your policy. To see how these factors influence rates in Maryland, we found the cheapest rates for good drivers, young and new drivers, high-risk drivers and drivers with an accident on their record. We also considered the cheapest insurance companies in Maryland and looked at costs in the state's 10 most populous cities. This article covers:

The cheapest car insurance companies in Maryland

Based on our research, these are the cheapest car insurance companies in Maryland:

Cheapest car insurance in Maryland
Insurance company Yearly rate
Kemper $1,339
GEICO $1,446
Penn National $1,456
Allstate $1,521
USAA $1,680
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

To determine the cheapest insurance companies, we analyzed several major insurers from around the state. We used a base driver profile of a 35-year-old single male with an average credit score and no accidents on his record. The driver carries a policy with 100/300/50 coverage limits and a $1,000 deductible.

Rates may vary significantly depending on factors like your age, ZIP code and driving history. For that reason, these rates are a great place to start your insurance search, but you should compare quotes from several insurers.

Maryland car insurance for good drivers

Good drivers may save money on car insurance because they have a history of filing fewer claims. According to our data, good drivers in Maryland pay an average $1,391 annually for car insurance, or $116 monthly. That's $378 less per year, or $32 less per month, than our base driver pays.

Maryland Insurance Rates Good Drivers

Maryland car insurance for young and new drivers

According to our data, young and new drivers in Maryland pay an average $5,611 per year for car insurance, or $468 per month. That's $3,842 per year, or $320 per month, more expensive than what our base driver pays.

Maryland Insurance Rates Young New Drivers

Young and new drivers have less experience on the road, which means they tend to be involved in more crashes and traffic violations. Providers see these drivers as risky to insure, which is why they typically price their premiums significantly higher than the average driver. It's hard to avoid high prices as a teen driver except to wait to age out of the high-risk zone. However, young drivers can save money by staying on a parent's policy instead of buying their own.

Young and new drivers should also ask their insurance provider about discounts they may be eligible for.

Maryland car insurance for high-risk drivers

For insurance companies, high-risk drivers are exactly what they sound like: people who are more likely to file a claim and therefore a higher risk to insure. Drivers can be deemed high-risk for several reasons, including their credit score, driving record and age. A combination of these factors usually makes a driver high-risk to insure.

We found that, on average, a high-risk driver in Maryland pays $3,824 per year for car insurance, or $319 monthly.

Maryland Insurance Rates High Risk Drivers

The base driver data we analyzed shows that high-risk drivers in Maryland pay $2,055 more per year, or $171 more per month, than the average driver. The best way to keep your insurance rates low is to avoid any major traffic violations and crashes.

If you're having a hard time being accepted by insurance companies in Maryland because you're a high-risk driver, you may be eligible for Maryland Auto Insurance, which offers liability coverage to drivers who are denied coverage from standard insurers.

Maryland car insurance for drivers with an at-fault accident

Even if you have a relatively good driving record and credit score, a single at-fault accident will likely raise your insurance rates. According to our data, a driver with a single at-fault accident pays an average $2,597 per year, or $216 per month, in Maryland.

This is how much a driver with an at-fault accident pays compared to the same driver with a clean driving record:

Maryland Insurance Rates One At Fault Accident

According to our data, one at-fault accident raises insurance rates by $828 per year, or $69 per month. That's why it's important to drive safely and avoid collisions and violations.

Average car insurance costs by city in Maryland

Your rates may vary significantly depending on your ZIP code. Insurers consider several location-specific factors like vehicle theft rates and accidents in the area to price your policy. If you live in a city with higher crime rates, for example, you'll likely face higher insurance premiums. We compiled rates for the 10 most populous cities in Maryland. This is what we found:

Average insurance rates for the 10 most populous cities in Maryland
City Average annual premium
Baltimore $2,923
Columbia $1,861
Ellicott City $1,886
Frederick $1,486
Gaithersburg $1,853
Germantown $1,827
Glen Burnie $1,981
Rockville $1,854
Silver Spring $2,089
Waldorf $1,993
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Minimum auto insurance requirements in Maryland

Like most states, every driver in Maryland must carry a certain amount of auto insurance before hitting the road. These are the state's minimum auto insurance requirements:

Maryland's legal minimum coverage requirements
Type of coverage Minimum policy requirements
Bodily injury liability $30,000 per person/$60,000 for two or more people
Property damage liability $15,000 per occurrence

If you don't carry at least the minimum amount of car insurance in Maryland, you may be fined and face legal consequences. If you're struggling to afford insurance, compare quotes from several companies. Or, if you've been denied insurance multiple times, apply for coverage through the Maryland Auto Insurance Fund.

Maryland Auto Insurance Fund

If you are a licensed driver who has been denied or canceled by several Maryland insurance providers, you may be eligible for Maryland Auto Insurance, or MAIF. This is a last resort for people who are unable to maintain the state's minimum auto insurance requirements.

To be eligible for this program, you need to have been denied coverage from at least two standard insurance companies. Maryland Auto Insurance rates are more expensive than coverage through a standard provider. So, you should only purchase a policy as a last resort and get coverage directly from a provider as soon as you're able to.

Methodology

We conducted research across several ZIP codes in Maryland from a variety of insurance companies to find rate estimates. The base driver profile we used was a single, 35-year-old male driver in Maryland with an average credit score and no accidents on his driving record. He has 100/300/50 coverage limits with a $1,000 deductible.

We also used this base driver profile to determine average rates from the 10 most populous cities in Maryland. These are the additional driver profiles we used to determine insurance premiums in the state by category:

Good drivers

  • A single, 35-year-old male driver with no accidents on his record and an excellent credit score. He carries 100/300/50 coverage levels with a $1,000 deductible.

New and young drivers

  • An 18-year-old male with an average credit score and a clean driving record. The driver has 100/300/50 coverage limits and a $1,000 deductible.

High-risk drivers

  • A single, 35-year-old male with a poor credit score and one at-fault accident that resulted in $3,000 of property damage. The driver has 100/300/50 coverage limits and a $1,000 deductible.

Drivers with one accident

  • A single, 35-year-old male with an average credit score and one at-fault accident that resulted in $3,000 of property damage. The driver has 100/300/50 coverage limits and a $1,000 deductible.

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