Updated: January 14, 2026
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USAA offers Maryland's cheapest home insurance at $1,488 annually, 43% below the state average of $2,611.
Location impacts rates. USAA charges Baltimore residents $1,648, but Columbia homeowners just $1,297.
Compare quotes from multiple insurers, ask about discounts and bundle policies to find savings on your home insurance.
Maryland homeowners pay an average of $2,622 annually for home insurance. You can save over 43% by choosing the right insurer.
USAA is the cheapest home insurance company in Maryland at $1,488 annually. Homesite follows at $1,523 for military families, and State Farm provides accessible policies at $1,537 through its extensive agent network.
| USAA | 5.00 | $1,488 | -43% |
| Homesite | 4.99 | $1,523 | -42% |
| State Farm | 4.99 | $1,537 | -41% |
| Farmers | 4.90 | $1,916 | -27% |
| Chubb | 4.88 | $2,027 | -23% |
*These rates are based on a house built in 2000 with $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and a $1,000 deductible. We assumed no claims in the past five years.
Price matters when choosing home insurance, but customer service and coverage options affect your claims experience. Our separate guide to the best home insurance companies in Maryland compares insurers across multiple factors beyond cost.
Your home's value affects your insurance costs more than any other factor. A $100,000 home in Maryland costs less to insure than a $1 million property. USAA offers the lowest rates across all coverage levels. The table below shows the cheapest insurers for your dwelling coverage amount.
| State Farm | $69 | $828 |
| Homesite | $73 | $880 |
| Farmers | $74 | $886 |
| USAA | $78 | $938 |
| Chubb | $79 | $946 |
Your city affects your home insurance rates due to local crime rates, weather risks and construction costs. Homesite charges $1,995 annually in Baltimore but only $1,192 in Crownsville for the same coverage. Homesite offers the lowest rates in all six cities we analyzed. Compare insurers in your area below.
| Chubb | $190 | $2,285 |
| Farmers | $177 | $2,120 |
| Homesite | $166 | $1,995 |
| State Farm | $138 | $1,651 |
| USAA | $137 | $1,648 |
Your personal profile affects your home insurance rates as much as your property details. For instance, your claims history can create large rate differences among Maryland homeowners.
Filing claims increases your premiums, but the rate increase varies by insurer. USAA maintains the lowest rates for Maryland homeowners regardless of claims history.
| USAA | $144 | $1,725 |
| Homesite | $147 | $1,765 |
| State Farm | $149 | $1,782 |
| Farmers | $185 | $2,221 |
| Chubb | $196 | $2,350 |
Maryland prohibits insurers from using your credit score to set home insurance rates. Your premiums are based on your home's characteristics, location and claims history — not your credit report.
Finding affordable home insurance in Maryland takes effort, but you can lower your costs. Here's how to save on your policy.
Decide on your coverage limits before shopping to avoid buying more than you need. Understand dwelling coverage, personal property limits and liability protection to get adequate coverage without overpaying.
Compare quotes from at least three insurers for identical coverage levels. Maryland home insurance rates vary by hundreds of dollars annually between companies, even for the same home and profile. Gather quotes online, through agents and directly from insurers to find your best rate.
Save 15% to 25% by bundling your home insurance with auto coverage. Most Maryland insurers offer multi-policy discounts that reduce both premiums.
Ask agents about every discount you qualify for, as insurers won't apply them automatically. Common Maryland discounts include protective device discounts for monitored alarm systems (5% to 20% savings), claims-free discounts and new home discounts. Wind and hail-resistant roofing can lower your premium.
USAA leads Maryland for affordable home insurance at $1,488 annually, but your best rate depends on your home's value, location and personal profile. Compare quotes from at least three insurers to find the best cost and coverage for your needs. Start with the companies on our list and ask about available discounts to maximize your savings.
Get answers to common questions about affordable home insurance in Maryland.
Older homes cost more to insure due to outdated electrical, plumbing and roofing systems. Lower your premium by updating these systems and providing documentation to your insurer. Replacing knob-and-tube wiring, updating your roof and installing a modern HVAC system can reduce your rates. Some insurers offer renovation discounts when you complete major updates.
Roof age affects your premium and coverage eligibility. Most Maryland insurers charge higher rates for roofs over 15 years old, and some won't cover roofs over 20 years without inspection. A new roof can lower your premium and qualify you for discounts. Insurers provide actual cash value coverage instead of replacement cost for older roofs, paying less when you file claims.
Some dog breeds increase your liability premium or disqualify you from coverage entirely. Insurers consider pit bulls, Rottweilers, German shepherds and Dobermans high-risk breeds. You'll pay more for liability coverage with these breeds, and some insurers won't cover you at all. Disclose your dog when applying, as hiding this information can lead to claim denials.
Maryland doesn't require flood insurance unless you have a federally backed mortgage in a high-risk flood zone. Standard home insurance doesn't cover flood damage, so you need separate flood insurance through the National Flood Insurance Program or private insurers.
MoneyGeek analyzed Maryland rates to identify which companies offer the lowest premiums for homeowners across the state.
We gathered quotes from major insurers through Quadrant Information Services for a standard Maryland home profile. The data shows which companies price competitively for typical homeowners.
Sample Home Profile
We gathered quotes using these specifications to represent a common Maryland homeowner:
This profile reflects a moderately valued home with a clean claims history. Newer homes (built after 1990) get better rates than older properties with outdated electrical and plumbing systems. The $1,000 deductible balances affordable premiums with reasonable out-of-pocket costs when filing claims.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
