Car Insurance Calculator in Maryland

Enter your ZIP code, driving history and coverage needs to see what Maryland drivers with your profile are paying. You'll get a rate estimate based on your location and coverage preferences.

Maryland requires more coverage than most states, but even those higher minimums can leave you on the hook after a serious accident. Answer four quick questions to find out how much coverage you need.

How much car insurance you need comes down to four things: your net worth, your vehicle's value, how you bought it and your risk tolerance.

• Your assets determine how much liability coverage you need. If you cause a serious accident and the costs exceed your policy limits, you're personally responsible for the difference. The more you own, the more you risk losing. Insurance professionals often recommend at least 100/300/100 coverage for Maryland drivers.
• Your car's value determines whether comprehensive and collision make sense. If your vehicle is worth less than $5,000, those coverages may cost more than you'd collect in a claim. Newer or higher-value cars benefit from both, and Maryland's hurricane and flood risks make comprehensive coverage worth considering even for older vehicles.
• Financing or leasing your car removes the choice. Lenders and lessors require full coverage, including comprehensive and collision with set deductible limits, until you pay off the loan. You can't opt out.
• Maryland requires insurers to offer uninsured motorist coverage. You must sign a written rejection to decline it. About 12% of Maryland drivers don't have insurance, leaving you exposed if one of them causes an accident.

Those four factors also shape how the calculator applies Maryland's minimum coverage requirements.

1. Maryland's 30/60/15 liability minimum plus uninsured motorist coverage means you must carry at least $30,000 per person and $60,000 per accident for bodily injury, $15,000 for property damage and matching uninsured motorist limits. Those requirements are higher than most states, but a serious accident in Baltimore or the D.C. suburbs can easily produce medical bills above $30,000 for a single person.
2. Minimum liability coverage costs about 38% of what full coverage costs in Maryland. That difference gets you collision coverage for your own vehicle, comprehensive coverage for theft and weather damage, and higher liability limits that cut your personal financial exposure beyond the state minimums.
3. When the calculator recommends more than minimum coverage, your net worth, vehicle value or loan requirements create financial risk that Maryland's minimums won't cover. The added premium is the price of closing that gap.

Maryland's at-fault system and heavy urban traffic push premiums above the national average. Your rate depends on your provider, age, location, driving history and credit score. Insurers weigh these differently; quotes for identical coverage can vary by hundreds of dollars.

Here's what drives your Maryland rate the most:

1. Your provider is the single biggest variable. The gap between the cheapest and most expensive insurer in Maryland reaches $41 per month for full coverage.
2. Age and driving experience are the second-largest factors. Young drivers pay an average of $406 per month, while seniors pay $160 per month for the same full coverage policy.
3. Your ZIP code determines your local risk exposure. Baltimore and its suburbs have much higher rates than rural areas in Western Maryland due to heavier traffic, higher crime rates and higher population density.
4. Your credit score and driving history have a major effect on your rate, especially for high-risk drivers. Drivers with excellent credit pay $107 per month compared to $268 per month for those with poor credit. Maryland requires an SR-22 filing for DUI convictions, which must stay active for three years. Learn about cheap car insurance after a DUI.

Comparing quotes from at least three Maryland insurers is the most effective way to lower your car insurance rate. The gap between the cheapest and most expensive provider can exceed $41 per month for full coverage.

All costs and profile modifications in this calculator are based on the following driver profile:

• 40 years old
• Good credit
• Drives a 2012 Toyota Camry
• Clean driving record

Rate data comes from insurer filings via Quadrant Information Services. Full coverage policies reflect 100/300/100 liability limits, comprehensive and collision coverage and a $1,000 deductible. Minimum coverage reflects Maryland's state-mandated minimums of $30,000 bodily injury per person, $60,000 bodily injury per accident, $15,000 property damage, $2,500 personal injury protection and $30,000/$60,000 uninsured motorist coverage. We update rates monthly, so they reflect the most recent available data.

To learn more about how MoneyGeek analyzes car insurance costs, see our auto insurance methodology.