GEICO offers the lowest rates in Maryland, with monthly premiums of $51 for minimum coverage and $89 for full coverage. Drivers save $55 monthly (44%) compared to state averages. Get quotes from State Farm, Travelers, Cumberland Mutual and Erie too.
Cheapest Car Insurance in Maryland
Updated: August 13, 2025
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Key Takeaways
GEICO, State Farm and Travelers are the cheapest car insurance companies for most Maryland drivers, with average savings of up to 44%.
Car insurance costs can be as low as $40 monthly for minimum coverage and $68 for full coverage policies on average in Maryland.
To get the cheapest car insurance in Maryland, research average costs and top companies, take advantage of discounts and compare multiple provider quotes.
Who Has the Cheapest Car Insurance in Maryland?
| Geico | $51 | $89 | -44% |
| State Farm | $63 | $118 | -27% |
| Travelers | $67 | $116 | -27% |
| Cumberland Mutual | $64 | $131 | -22% |
| Erie Insurance | $71 | $135 | -17% |
*These rates are for a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state.
LEARN MORE ABOUT THE BEST CHEAP CAR INSURANCE IN MARYLAND
We've created additional guides below to help you in your search for the best and cheapest car insurance in Maryland:
Best Car Insurance Rates by Category in Maryland
GEICO offers the cheapest car insurance rates for most Maryland drivers, ranking first in seven out of our 10 driver categories based on different profiles. The remaining categories are split between State Farm, Nationwide and Penn National, and you can find your specific rates in the table:
| Young Drivers | State Farm | $138 |
| Adult Drivers | Geico | $49 |
| Senior Drivers | Geico | $59 |
| Drivers With An Accident | Geico | $80 |
| Drivers With A DUI | Geico | $62 |
| Drivers With A Speeding Ticket | Geico | $59 |
| Drivers With Bad Credit | Nationwide | $103 |
| Drivers With Low Income | Penn National Insurance | $63 |
| Drivers With Newer Cars | Geico | $54 |
| Drivers With Old Cars | Geico | $46 |
*Rates for the categories above are based on a profile of a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state. Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Compare the Cheapest Car Insurance in Maryland for You
The tables above show overall winners, but your cheapest option depends on your specific situation. For example, Cumberland Mutual offers the lowest rates at $176 monthly for adult drivers with poor credit and an accident record who want 100/300/100 full coverage. Filter the table to match your exact situation:
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Gender:Female
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Coverage Level:100/300/100 Full Cov. w/$1,000 Ded.
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Credit Alignment:Below Fair
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Driving Record:At Fault Accident ($1000-$1999 Prop Dmg)
| Cumberland Mutual | $176 | $2,118 | -40% |
| Geico | $211 | $2,533 | -28% |
| Nationwide | $221 | $2,657 | -24% |
| Erie Insurance | $238 | $2,850 | -19% |
| Penn National Insurance | $274 | $3,289 | -6% |
*Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Cheapest Car Insurance in Maryland by City
Where you live in Maryland affects your insurance costs based on local crime, accidents and traffic density. GEICO charges as little as $40 in Barclay but costs $93 in Gwynn Oak. Here are the cheapest providers for every Maryland city:
Data filtered by:Results filtered by:
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City:Abell
| Abell | Geico | $44 | -47% |
*The lowest rate referenced is for a minimum coverage policy for a 40-year-old with good credit and no driving violations.
How to Get the Cheapest Car Insurance in Maryland
Finding the lowest-priced insurance company is just one way to reduce your car insurance costs in Maryland. Check out these proven ways to save the most on auto insurance.
- 1
Compare Multiple Insurance Providers
Get quotes from several insurance companies through different channels, including independent agents, comparison websites and directly from providers. Your rates can vary significantly between companies, so comparing at least three options helps you find the best deal.
- 2
Determine Your Coverage Needs
Know what coverage you need before shopping to avoid paying for unnecessary protection. Consider your car's value, your assets and your state's minimum requirements when choosing coverage levels.
- 3
Consider Lower Coverage Amounts
Reducing your coverage level can lower your premium costs if you're on a tight budget. Just make sure you understand the financial risks based on your driving habits, where you live and your vehicle type before making this choice.
- 4
Research Costs and Discounts
Look up average auto insurance costs for drivers like you to know what to expect. Check for discounts you qualify for and compare home and auto insurance bundle prices to maximize your savings.
- 5
Look Into Alternative Insurance Options
Consider pay-per-mile car insurance if you don't drive much, or try telematics programs that track driving habits for potential savings. Check if your car manufacturer offers special insurance programs with lower rates.
- 6
Work on Your Risk Profile
Improve your credit score and maintain safe driving habits to qualify for better rates. Insurance companies often offer lower premiums to drivers they consider less risky.
- 7
Choose a Cost-Effective Vehicle
If you're buying a car, pick a cheaper car to insure to save on coverage costs. Older, reliable vehicles typically cost less to insure because they're less expensive to repair.
Risks of Getting the Cheapest Car Insurance in Maryland
Maryland requires drivers to carry liability insurance with minimum coverage of 30/60/15. This means you need $30,000 for injuries to one person, $60,000 total for injuries in one accident and $15,000 for property damage coverage. But minimum coverage leaves you exposed to major financial risks:
Vehicle damage if you're at fault won't be covered
Without collision coverage, you'll pay all repair costs if you cause an accident. In Maryland, average property damage claims hit $4,711 in 2023, according to the Insurance Information Institute. That money comes straight from your pocket with minimum coverage. Add collision coverage to protect against expensive repairs.
Weather risks make damage to your car more likely and aren't covered
Maryland gets hit with severe weather that damages cars regularly. Storms caused significant insured losses in 2023. Basic coverage won't pay for weather damage. Add comprehensive coverage to protect against hurricanes, flooding and severe storms that frequently hit Maryland.
Bodily injury damage is more likely to be higher than the minimum limits
Maryland's minimum bodily injury coverage of $30,000 per person often isn't enough for serious accidents. Average bodily injury claims in Maryland reached $28,900 in 2023. With rising medical costs, consider increasing coverage to 50/100/50 for better financial protection against lawsuits.
Not having uninsured motorist coverage opens you up to unexpected costs
Maryland has a serious uninsured driver problem, with 12% of drivers lacking insurance according to the Insurance Information Institute. If an uninsured driver hits you, you'll face steep out-of-pocket costs without uninsured motorist coverage. Legal action against uninsured drivers rarely recovers damages. Add uninsured motorist coverage to protect yourself financially in these situations.
Vehicle theft damage is more likely and uncovered
Car theft is a real problem in Maryland, according to the National Insurance Crime Bureau. Without comprehensive coverage, you get nothing if your car's stolen or damaged during a theft. The average stolen car claim tops $9,000, so adding comprehensive coverage is worth it in high-risk areas.
Cheap Car Insurance in Maryland: Bottom Line
GEICO offers the lowest car insurance rates in Maryland for most drivers and coverage types, according to our analysis. While the cheapest option is tempting, don't make price your only factor. Get as much coverage as you can afford to protect your finances when accidents happen.
Cheap Car Insurance in Maryland: FAQ
Below are answers to common questions about affordable car insurance in Maryland to help you find the right coverage.
What are the cheapest car insurance companies in Maryland?
GEICO provides the most affordable car insurance in Maryland, with average annual rates of $611 for minimum coverage and $1,062 for full coverage. State Farm, Travelers, Cumberland Mutual and Erie also offer competitive rates.
Who has the cheapest car insurance rates for young drivers in Maryland?
State Farm provides the most affordable rates for young drivers in Maryland, with monthly premiums starting at $138 for minimum coverage.
Who offers the cheapest car insurance rates for seniors in Maryland?
Senior drivers in Maryland can find the most competitive rates with GEICO, offering policies for those 65 and older at an average of $59 per month for minimum coverage.
Who has the cheapest car insurance in Maryland for bad credit?
Nationwide provides the most affordable rates for bad-credit drivers in Maryland, with monthly premiums averaging $103 for minimum coverage and $193 for full coverage.
Who has the cheapest car insurance in Maryland with an accident?
GEICO offers the most affordable car insurance rates for Maryland drivers with an accident history, starting at $80 per month for minimum coverage.
Who has the cheapest car insurance in Maryland with a DUI?
GEICO provides the cheapest car insurance after a DUI in Maryland, with rates of $62 monthly for minimum coverage and $108 monthly for full coverage.
Who has the cheapest car insurance in Maryland for those with a speeding ticket?
Maryland drivers with a speeding ticket can find the lowest insurance rates with GEICO, charging $59 monthly for minimum coverage and $103 for full coverage.
Should you buy the cheapest car insurance in Maryland?
Buying the cheapest insurance saves money upfront, but you need enough coverage to protect against major losses. GEICO balances low prices with solid coverage options in Maryland.
How We Found the Most Affordable Car Insurance in Maryland
MoneyGeek collected auto insurance data from the Maryland Department of Insurance and Quadrant Information Services. We analyzed quotes from 12 major insurers and reviewed more than 200 million rate comparisons across every residential ZIP code in Maryland.
Maryland Driver Profile
Our analysis started with a standard driver profile to find the cheapest rates:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
- Good credit
- Valid license
- Currently insured
- No claims history
We adjusted this sample profile, as specified, to find the cheapest option for various driver backgrounds.
Standard Coverage Levels in Maryland
We compared car insurance companies in Maryland that offer minimum and full coverage policies. We set the limits of the minimum coverage car insurance policy to the minimum amount required by law in Maryland.
The minimum coverage liability limits in Maryland are:
- $30,000 per person for bodily injury
- $60,000 per accident for bodily injury
- $15,000 per accident for property damage
For full coverage policy rates, we used the following liability limits:
- $100,000 for bodily injury liability per person
- $300,000 for bodily injury liability per accident
- $100,000 for property damage liability
- Comprehensive and collision coverage with a $1,000 deductible
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.