The Cheapest Car Insurance in Maryland for 2022

MoneyGeek collected car insurance rates in Maryland to assist drivers with securing the best coverage based on factors such as coverage amounts, age, driving history and credit score. The cheapest coverage in the state comes from Erie, and drivers can save a maximum of $3,054 by shopping around.

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The cost of your car insurance varies across factors such as your age, driving history, coverage amount and credit score.

On average, Erie provides the most affordable car insurance coverage in Maryland for the average driver, as well as those with at-fault accidents. However, drivers with bad credit scores and young drivers get the best rates from Allstate. USAA is the cheapest option on the market for current and former military members together with their families.

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Cheapest Minimum Liability Car Insurance in Maryland

The least expensive car insurance in Maryland 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: $926 per year
  • Travelers: $1,020 per year

For military members and their families, USAA offers the cheapest option in the state at $673 on average per year. The costliest car insurance for minimum coverage is Esurance, with average annual rates of $2,700.

Cheapest Minimum Car Insurance in Maryland
  • Company
    Annually
    Monthly
  • 1.
    $673
    $56
  • 2.
    $926
    $77
  • 3.
    $1,020
    $85
  • 4.
    $1,067
    $89
  • 5.
    $1,203
    $100

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

To find the most affordable provider, you can compare car insurance quotes from multiple insurers. 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.

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

  • Erie: $1,545 per year
  • Allstate: $1,673 per year

USAA, exclusively available for military members and their families, is an affordable $1,217 on average per year. The most expensive car insurance for full coverage is Esurance, costing an average of $4,271 per year.

Cheapest Full Coverage Car Insurance in Maryland

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.

Auto Insurance Calculator

State

Maryland

Age

40

Driving Record

Clean

Credit Score

Excellent

Vehicle Type

Compact

Vehicle Year

2020

Liability Coverage

State Min

Comprehensive and Collision Insurance

None

Gender

Female

Click the section of the wheel in your price range to see options.

low end

on average

high end

Click your preferred price range to see company options.

Click an insurer below to visit their review page or continue to your personalized quote.

Company

Average Annual Rates

1.

USAA

$651

2.

Erie

$888

3.

Travelers

$956

4.

Allstate

$1091

5.

MetLife

$1188

Cheapest Car Insurance for Drivers With a DUI in Maryland

It pays to drive safely, as a severe driving offense like driving under the influence (DUI) increases your car insurance prices. The average car insurance rate for drivers with a DUI in Maryland is $3,178 per year compared to $2,127 for the average driver with a clean record.

The cheapest car insurance companies for a driver with a DUI and full coverage in Maryland are:

  • Erie: $1,611 per year
  • Allstate: $1,724 per year

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

Average Car Insurance Rates With a DUI

From 2009-2018, 1,515 people were killed in alcohol-related car crashes. 1.5% of Maryland drivers admit to driving after having too much to drink in the past 30 days.

Having a DUI on your driving record can affect much more than just your ability to have a driver's license. It can result in up to one year in jail and up to $1,000 in fines. That hit to your wallet can go beyond fines and legal expenses. A DUI also can result in higher car insurance rates.

Because a DUI conviction can negatively impact your insurance rates for a long time to come, it’s important for you to shop around for cheap car insurance with a DUI in Maryland every year. Every car insurance company will weigh this factor differently when providing your quote, so doing the research each year can pay off with cheap insurance.

Cheapest Car Insurance in Maryland for Drivers With an At-Fault Accident

In Maryland, you will pay more for car insurance if you have an at-fault accident on your driving record. Drivers with at-fault accidents pay an average of $2,828 annually for car insurance.

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

  • Erie: $1,994 per year
  • Metlife: $2,132 per year

USAA is the cheapest provider for former and current military members as its policies cost an average of $1,547 for the average driver.

Cheapest Car Insurance With an At-Fault Accident

Cheapest Car Insurance for Drivers With Tickets in Maryland

Having a speeding or distracted driving ticket in Maryland will not do you any favors for finding the cheapest car insurance in Maryland. Even a minor driving violation can hike your car insurance premiums. In Maryland, drivers with a speeding ticket pay $2,506 per year on average for their car insurance compared to $2,217 for those with a clean record.

The least expensive car insurance firms in Maryland for a driver with full coverage and a ticket are:

  • Erie: $1,611 per year
  • Allstate: $1,929 per year

USAA offers an affordable option for military members and their families at an average of $1,335 per year. The costliest car insurance for drivers with tickets is Esurance at an average rate of $4,725 annually.

Average Car Insurance Rates With a Ticket

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 Companies in Maryland for Drivers With Bad Credit

A good credit score can not only help you get loans more easily but can also reduce your car insurance costs. In Maryland, drivers with poor credit are charged $3,343 per year on average for their car insurance compared to $2,127 for a driver with a good credit score.

The most affordable auto car insurance providers in Maryland for a driver with poor credit and full coverage are:

  • Allstate: $2,218 per year
  • Nationwide: $2,347 per year

For military members and their families, USAA offers an affordable option at an average cost of $2,326 per year. Conversely, Esurance is the most expensive option in Maryland for drivers with bad tickets at an average of $5,483 per year.

Average Car Insurance Rates for Drivers With Bad Credit

In Maryland, the average credit score is 704. The general consensus is that a good credit score is 700 or higher. If you have a credit score below 700, take the time to check with a variety of car insurance companies for personalized quotes. Shopping around can help you find the best rates while you work to improve your credit score.

Cheapest Car Insurance in Maryland for Seniors

Car insurance for seniors tends to be expensive compared to rates for young adults and middle-aged drivers. A senior driver in the state has to pay about $2,298 per year on average for their car insurance coverage compared to $2,217 per year for the average driver who is 40 years old.

The cheapest car insurance carriers in Maryland for senior drivers with full coverage are:

  • Erie: $1,587 per year
  • Allstate: $1,927 per year

USAA, available solely for military members and their families, offers the cheapest option in the state at an average of $1,243 per year. Esurance is the most costly car insurance for senior drivers at $4,517 annually.

Average Car Insurance Rates for Seniors

16.4% of fatal car accidents in Maryland in 2017 were caused by senior drivers. Although all Maryland drivers renew their licenses every eight years, those age 40 and older must provide proof of adequate vision at every renewal. Any first-time driver age 70 and older applying for a license must provide a report from their primary health care provider.

Finding cheap car insurance for seniors in Maryland means shopping around with different companies and asking for personalized quotes based on your individual circumstances.

Cheapest Car Insurance in Maryland for Young Drivers

Car insurance rates are usually higher for younger drivers since they do not have sufficient experience behind the wheel.

Maryland drivers who are 16 years of age pay an average of $6,869 per year. Contrarily, 25-year-old drivers pay $2,582 on average per year.

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

Annual Car Insurance In Maryland for Young Drivers

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  • Age
    Average Cost
    Cheapest Company
    Company Cost
  • 16
    $6,869
    Allstate
    $4,327
  • 17
    $6,369
    Allstate
    $4,327
  • 18
    $5,687
    Allstate
    $3,704
  • 19
    $6,296
    Allstate
    $3,227
  • 20
    $5,471
    Allstate
    $2,720
  • 21
    $3,983
    Allstate
    $2,307
  • 22
    $3,621
    Allstate
    $2,206
  • 23
    $3,106
    Allstate
    $2,014
  • 24
    $2,865
    Allstate
    $1,882
  • 25
    $2,582
    Allstate
    $1,776

Young drivers can save on insurance costs by driving midsize vehicles or purchasing cars with safety features, maintaining good grades, attending driver safety courses or being added to their parent's insurance policy.

Additionally, before going off to college, students or their families must talk to their insurance agent to make sure their insurance is in place and conforms to state laws, particularly if they attend college out of state.

Insurance Rate Information for Military Drivers and Veterans

Whether you're on active duty or a military veteran, you can take advantage of military discounts on auto insurance in Maryland, where insurance companies offer savings in appreciation for your service. Discounts are usually available to the nearly 29,000 active-duty military members as well as the 371,000 veterans with a clean driving record. Because premiums can vary widely among carriers, compare car insurance quotes from several companies and consider how much coverage you really need, based on your driving habits and the value of your vehicle, before buying a policy. It's also a good idea to calculate your net worth to determine how much coverage you might need if at fault in an accident.

There's no need to register a vehicle in Maryland if you're stationed here temporarily, although the car or truck must be legally registered in your home state while in use on Maryland roads. State law lets you wait up to a year after establishing permanent residency before you are required to register.

Average Rates for Maryland service members

male
25 years$1,488
50 years$1,166
female
25 years$1,395
50 years$1,147

Car Insurance in Maryland: What You Need to Know

All drivers in Maryland need insurance for their vehicles. The state's Motor Vehicle Administration uses capital letters for emphasis on its website: "All Maryland vehicles MUST be insured at ALL times by a vehicle company licensed in Maryland." In other words, you can't cancel insurance on a car just because you aren't driving it.

Proof of Insurance in Maryland

You can prove your coverage with a paper insurance card or an electronic card on a smartphone. You will need it if:

  • You are in a collision and need to exchange insurance information
  • A law enforcement officer asks to see it

To register or verify insurance, the Maryland MVA requires a specific form sent by the insurer.

Minimum Liability Insurance Requirements in Maryland

Insurance in Maryland has to meet at least these minimum requirements:

  • $30,000 for bodily injury per person
  • $60,000 for bodily injuries per accident
  • $15,000 for property damage
  • $30,000 of uninsured motorist coverage for bodily injury per person
  • $60,000 of uninsured motorist coverage for bodily injuries per accident
  • $15,000 of uninsured motorist coverage for property damage

High-Risk Auto Insurance Program in Maryland

Maryland Auto Insurance is an independent state agency charged with providing insurance to people who have trouble keeping traditional coverage. This includes high-risk drivers and people who struggle to make payments on regular plans. If you feel like you can't obtain insurance but still need to drive, check out the Maryland Auto Insurance website.

Alternatives to Insurance in Maryland

Maryland does not allow alternatives to liability insurance for most drivers. However, drivers who own more than 25 cars may be able to self-insure.

How Much Coverage Do You Need in Maryland?

Your needs depend on your vehicle’s value and your overall assets, but many experts recommend buying liability coverage with $100,000/$300,000 limits. You might be surprised by how little you have to pay for the extra protection. If you shop around, you may find that additional coverage at one company costs about as much as minimal coverage at another company.

You should also consider purchasing some optional policies, such as collision and comprehensive coverage, which add additional layers of protection for your car. However, you might want to skip them if your car isn't worth enough to justify the increased expense.

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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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.

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About the Author


expert-profile

Karon Warren is a professional journalist who has covered personal finance, health insurance, home insurance, car insurance, mortgages, banking and more for two decades.

Karon earned her bachelor of arts degree in journalism from the University of Southern Mississippi. She is also a member of the American Society of Journalists and Authors. Karon uses her journalist skills to create in-depth, well-researched finance stories that educate people so they can make informed financial decisions that best serve their financial goals.


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