The Cheapest Car Insurance in Maryland for 2022

The cheapest car insurance in Maryland is Erie, with an average annual premium of $794 for minimum coverage.

MoneyGeek analyzed car insurance quotes in Maryland to find the most affordable options for different driver profiles. For instance, Allstate offers the lowest rates to young drivers and those with bad credit. Overall, comparing quotes can help Maryland drivers save as much as $2,619 annually on insurance.

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Last Updated: 12/1/2022
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MoneyGeek analyzed the best car insurance companies in Maryland for drivers looking for a balance of quality service and cost. For even more local information, we broke down the cheapest car insurance in Maryland by city.

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Methodology

Why Trust MoneyGeek? Maryland car insurance rates in this study are based on our analysis of data and information from the Maryland Department of Insurance and Quadrant Information Services.

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These rates were updated in August 2022 to reflect how car insurance rates in Maryland have changed up to this month.

3,312

Quotes Analyzed

 
9

Companies Compared

 
23

ZIP Codes

Cheapest Minimum Liability Car Insurance in Maryland

Maryland’s least expensive car insurance is a minimum liability coverage policy that only meets the state’s car insurance requirements.

The cheapest car insurance companies in Maryland for minimum coverage are:

  • Erie: $794 per year
  • Travelers: $875 per year

For military members and their families, USAA offers the cheapest option in the state at $577 per year. The costliest car insurance for minimum coverage is Esurance, with average annual rates of $2,316.

CHEAPEST MINIMUM CAR INSURANCE IN MARYLAND

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These prices are only estimates based on rates for an average Maryland driver and should not be used to compare insurance prices.

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Cheapest Full Coverage Car Insurance in Maryland

A full coverage policy with higher liability limits, comprehensive insurance and collision insurance protects you against most auto accidents in Maryland, on and off the road. The cost of full coverage is higher than minimum coverage, but it shields against the cost of damages to both your and other cars. We recommend comparing quotes from several insurance providers to find the cheapest option.

The most affordable full coverage car insurance companies in Maryland are:

  • Erie: $1,325 per year
  • Allstate: $1,435 per year

USAA, exclusively available to military members and their families, costs only $1,044 on average per year. The most expensive car insurance for full coverage is Esurance, costing an average of $3,663 per year.

CHEAPEST FULL COVERAGE CAR INSURANCE IN MARYLAND

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Please note that your costs will be different than these examples. Prices are for a policy with comprehensive and collision insurance and $100,000 in bodily injury liability coverage per person, $300,000 in bodily injury liability coverage per accident and $100,000 in property damage coverage per accident.

How to Compare Cheap Maryland Car Insurance Quotes Online

Most car insurance companies offer an online quote feature that you can use to get an accurate quote for your needs. Determine how much coverage you need so that you can compare carriers with consistent limits. For instance, if you get a quote with one provider for $300,000 in bodily liability insurance per accident, be sure to use the same number when obtaining prices from another insurer.

You can use MoneyGeek’s calculator to determine how much an average driver will pay for car insurance in Maryland. You will need to provide more personal information if you wish to get a personalized quote. On average, the three cheapest car insurance firms in Maryland are USAA, Erie and Travelers. We recommend that you start your search with these providers to find the lowest rates.

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Cheapest Car Insurance in Maryland for Young Drivers

Car insurance rates are usually higher for younger drivers since they don’t have sufficient experience behind the wheel. Sixteen-year-old Maryland drivers pay an average of $5,892 annually, while 25-year-old drivers pay $2,215.

The cheapest car insurance carrier in the state for drivers between ages 16 and 25 is Allstate. According to MoneyGeek’s analysis, the company is the cheapest for every age within this range.

ANNUAL CAR INSURANCE IN MARYLAND FOR YOUNG DRIVERS

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  • Age
    Average Cost
    Cheapest Company
    Company Cost
  • $5,892
    Allstate
    $3,711
  • $5,463
    Allstate
    $3,711
  • $4,878
    Allstate
    $3,177
  • $5,400
    Allstate
    $2,768
  • $4,693
    Allstate
    $2,333
  • $3,416
    Allstate
    $1,979
  • $3,106
    Allstate
    $1,892
  • $2,664
    Allstate
    $1,727
  • $2,457
    Allstate
    $1,614
  • $2,215
    Allstate
    $1,523

MoneyGeek’s research shows that Allstate, the cheapest insurance company for young drivers, charges as much as $2,188 more to insure 16-year-old drivers compared to 25-year-olds. Most insurers offer student drivers many discounts, including safe driving, good student and a distant student discount. You can save a lot of money on policy costs by qualifying for such discounts.

Cheapest Car Insurance in Maryland for Seniors

Car insurance rates tend to be more expensive for seniors than for young adults and middle-aged drivers. A senior driver in the state pays about $1,971 per year on average for car insurance coverage, compared to $2,217 per year for the average driver who is 40 years old.

The following offer the cheapest full coverage car insurance in Maryland for senior drivers:

  • Erie: $1,361 per year
  • Allstate: $1,653 per year

USAA, available only to military members and their families, offers the cheapest option in the state at an average of $1,066 per year. Esurance is Maryland’s most costly car insurance for senior drivers at $3,875 annually.

CHEAPEST CAR INSURANCE RATES FOR SENIORS

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In Maryland, the law requires drivers to renew their licenses every eight years. If you’re 40 or older, providing proof of adequate vision at every renewal is mandatory. Once you’re over 70 years old, you must also provide a report from your primary health care provider.

There’s a vast difference between the average cost of the cheapest and the most expensive insurer for seniors. MoneyGeek found that shopping around and comparing rates could help you save as much as $2,514 per year.

Cheapest Car Insurance for Drivers With Tickets in Maryland

A speeding or distracted driving ticket will increase the cost of your car insurance in Maryland. Even a minor driving violation can hike your car insurance premiums. In Maryland, drivers with a speeding ticket pay $2,150 per year on average for their car insurance, compared to $2,217 for those with a clean record.

The following companies offer the least expensive full coverage car insurance to drivers with speeding or distracted driving tickets:

  • Erie: $1,381 per year
  • Allstate: $1,655 per year

USAA offers an affordable option for military members and their families at an average cost of $1,145 per year. Maryland’s costliest car insurance for drivers with tickets is Esurance, with an average rate of $4,053 annually.

AVERAGE CAR INSURANCE RATES WITH A TICKET

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Having a speeding or distracted driving ticket in Maryland will not do you any favors for finding the cheapest car insurance in Maryland. In fact, distracted driving accidents often result in higher car insurance premiums. In Maryland, there were 474 distracted driving accidents in 2018, per the National Highway Traffic Safety Administration. Car insurers use that number as an indicator of accident potential in the state.

How long a speeding or distracted driving ticket affects your car insurance rates depends on your individual driving record. First-time offenders often will see a short spike in their insurance rates, while those with more than one ticket will see a long-term effect of higher rates. To find cheap car insurance with a ticket in Maryland, it’s best to shop around and get personalized quotes from several companies each year before renewing your policy.

Cheapest Car Insurance for Drivers With a DUI in Maryland

It pays to drive safely. Car insurance for high-risk drivers, such as those with severe driving offenses like driving under the influence (DUI), can be much more expensive. The average car insurance rate for drivers with a DUI in Maryland is $2,726 per year, compared to $2,127 for the average driver with a clean record.

The following companies offer Maryland drivers with a DUI the cheapest full coverage car insuranceI:

  • Erie: $1,381 per year
  • Allstate: $1,479 per year

Although USAA is the cheapest insurer for Maryland drivers with a clean record, Allstate and Erie have lower prices for those with a DUI. To save money — and potentially lives — understand the actual costs of a DUI and avoid driving altogether while intoxicated.

AVERAGE CAR INSURANCE RATES WITH A DUI

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Not only does a DUI conviction in Maryland result in up to one year in jail and hefty fines, but it can also significantly increase your insurance rates. MoneyGeek’s research shows that Erie, the cheapest insurer, charges an average of $1,381 per year for a policy. On the other hand, Esurance is the most expensive insurance provider for those with DUIs, with an average cost of $3,829 annually. You could save as much as $2,448 annually if you shop around.

Cheapest in Maryland for Drivers With an At-Fault Accident

In Maryland, you will pay more for car insurance if your driving record has an at-fault accident. Drivers with at-fault accidents spend an average of $2,548 annually on car insurance.

Based on MoneyGeek’s research, the most affordable car insurance in Maryland for drivers with at-fault accidents are:

  • Erie: $1,711 per year
  • Allstate: $2,005 per year

USAA is the cheapest provider for former and current military members with at-fault accidents, with policies costing an average of $1,327.

CHEAPEST CAR INSURANCE WITH AN AT-FAULT ACCIDENT

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Cheapest Car Insurance in Maryland for Drivers With Bad Credit

A good credit score helps you get loans more easily and reduces your car insurance costs. In Maryland, drivers with poor credit are charged $3,282 per year on average for their car insurance, compared to $2,127 for drivers with a good credit score.

Maryland’s most affordable full coverage auto car insurance providers for drivers with poor credit are:

  • Allstate: $1,903 per year
  • Nationwide: $2,013 per year

USAA offers military members and their families an affordable option at an average cost of $1,995 per year. Conversely, Esurance is the most expensive option in Maryland for drivers with bad credit at an average of $4,703 per year.

CHEAPEST CAR INSURANCE RATES FOR DRIVERS WITH BAD CREDIT

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The average credit score in Maryland is 704. Even if you have a lower credit score, it’s still possible to find insurers offering affordable policies. MoneyGeek found Allstate is the cheapest insurer for drivers with bad credit, charging an average of $1,903 annually. Esurance, the most expensive, charges an average of $4,703 per year for a policy. If you want the best deal, shop around and compare rates, as it could help you save as much as $2,800 annually.

Cheapest Car Insurance in Maryland for Military Drivers

Former or current military personnel and their families will find the cheapest auto insurance in Maryland from USAA. The second cheapest provider in the state is Erie, with policies costing an average of $217 more per month.

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MoneyGeek Top Pick
USAA
  • Average rate: $577 per year
  • Ranks 1st out of 9 insurers

USAA offers the cheapest auto insurance for military members in Maryland, with policies costing an average of $577 per year. Eligible policyholders can take advantage of USAA's multiple discounts to save even more on car insurance. For example, bundling insurance policies, maintaining a USAA policy and infrequently filing claims can reduce the cost of your annual premium.

Cheapest Car Insurance in Maryland by City

Location is one of the factors that greatly influence the cost of car insurance. In Maryland, MoneyGeek analyzed rates in Baltimore and found that the average cost in the city is $2,127. If you stay outside Baltimore city, your rates can be higher or lower than this amount depending on your city.

Click on your city to check out the difference in costs for your area.

AVERAGE INSURANCE RATE BY CITY IN MARYLAND

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Car Insurance in Maryland: What You Need to Know

Maryland’s law makes it mandatory for drivers in the state to have insurance for their vehicle, even if they’re not driving the car. MoneyGeek explained below the state’s insurance requirements, the alternatives and how much coverage you may need.

Maryland Insurance Requirements

If you get pulled over by a police officer or are involved in a collision in Maryland, you’ll need to provide proof of insurance. You can present a physical insurance card or an electronic card on your smartphone.

State law requires that all drivers have an auto insurance policy with at least 30/60/15 in liability and uninsured motorist coverage limits. Such a policy is also ideal if you want the cheapest car insurance.

If you have difficulty getting insurance due to your record or claims history, contact Maryland Auto Insurance, an independent state agency charged with providing insurance to people who can’t get a standard policy. In Maryland, there are no alternatives to liability insurance for most drivers.

You should consider your vehicle’s value and overall assets before deciding how much coverage you need. Based on expert recommendations, buying liability coverage with $100,000/$300,000 limits will most likely be sufficient. Adding collision and comprehensive coverage to your policy will provide additional protection in case of an accident.

FAQs About Car Insurance in Maryland

To help consumers in Maryland make an educated buying decision, MoneyGeek answered common questions about car insurance coverage and state rates.

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.


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