Cheap Car Insurance in Maryland

Cheap Car Insurance in Maryland

It is mandatory to get car insurance in Maryland for drivers to drive legally in the state. Different companies in Maryland provide car insurance at different rates. According to data gathered by MyMoneyMyQuotes following are the cheap car insurance providers that offer car insurance at affordable rates in Maryland:

Name of the Company Average annual car insurance premiums
MetLife $1405
Travelers $1417
Penn National $1497
Cal Casualty $1520
Erie $1568
USAA $1737
State Farm $2097
Allstate $2148
GEICO $2214
Nationwide $2315
State Auto $2437
Victoria $2498
Metropolitan $2548
Progressive $2579
Encompass $3219

Cheap car insurance in Maryland for good drivers 

Car insurance companies may charge high car insurance premiums from drivers in Maryland with histories of speeding tickets, at-fault accidents, or DUI citations. Car insurance companies in Maryland provide discounts on car insurance premiums to those who have a good driving history but discount rates vary from company to company. You can save money on a car insurance policy in Maryland by maintaining a good driving record. Most auto insurance companies in Maryland provide a 5-10% good driver discount to those having a good driving history without violations.

  • Drivers with no traffic ticket may save $165 on car insurance premiums in Maryland.
  •  Drivers may save $555 on car insurance premiums if they have an accident-free record in Maryland.
  •  By maintaining a good credit history you may save $987 on car insurance premiums in Maryland. 

Cheap car insurance for inexperienced drivers in Maryland

Most auto insurance providers may charge high auto insurance premiums in Maryland from young or inexperienced drivers because inexperienced drivers are riskier for auto insurance companies than experienced drivers.  Auto insurance premiums in Maryland vary according to the age of the drivers. Some companies charge high auto insurance costs from young drivers in Maryland. 

Age Average annual auto insurance premiums with parents Average annual auto insurance premiums for young drivers alone
16 $5415 $4858
17 $5172 $4077
18 $5204 $3537
19 $4487 $2812

Affordable auto insurance in Maryland for high-risk drivers

Car insurance companies in Maryland charge high auto insurance premiums from those drivers who have a bad driving history as compared to the drivers those who have no at-fault accidents, speeding tickets, or DUIs. Drivers with a good driving record in Maryland can save money on auto insurance policies because auto insurance companies check the driving record of the past 3 to 5 years to decide the car insurance cost. Drivers with a good driving history in Maryland may get discounts on car insurance policies.

Rating factor Average annual car insurance premium
At-Fault Accident $1748
DUI $1736
Speeding Violation $1360
Bad Credit $2183

Best car insurance companies in Maryland

Car insurance prices in Maryland may vary from company to company. Some companies in Maryland charge lower car insurance premiums than others. To get the best auto insurance policy in Maryland you should check the reputation and services of the insurance companies because finding affordable car insurance policy is not just enough. You can find the best auto insurance company in Maryland by comparing car insurance quotes from different car insurance providers. According to the data gathered by the MyMoneyMyQuotes following are the best car insurance providers in Maryland:

  1. Allstate
  2. Amica
  3. Cal Casualty
  4. Encompass
  5. Erie
  6. GEICO
  7. Liberty Mutual
  8. MetLife
  9. Nationwide
  10. Penn National
  11. Progressive
  12. State Farm
  13. Travelers
  14. USAA
  15. Victoria

What auto insurance coverage is mandatory to purchase for drivers in Maryland?

The average annual cost to get the minimum required coverage in Maryland may be around $655.  The minimum required coverage for drivers in Maryland to drive legally in the state is:

Coverage type Coverage limit
Bodily injury coverage per person $30000
Bodily injury per accident $60000
Property damage per accident $15000

 The state minimum auto insurance requirements in Maryland

The state minimum auto insurance coverage requirement in Maryland is liability coverage.

  1. $30000 bodily injury coverage per person is required in Maryland.
  2. $60000 bodily injury coverage per accident is required in Maryland.
  3. $15000 property damage coverage per accident is required in Maryland.

Other types of optional coverages in Maryland are:

  1. Comprehensive
  2. Collision
  3. Roadside Assistance
  4. Loan/Lease Payoff
  5. Rental Car Reimbursement

Fine for driving without car insurance in Maryland

If anyone caught driving without a car insurance policy in Maryland then police may charge a fine. There are restrictions on using cell-phones during driving in Maryland. 

Car insurance prices by cities in Maryland

Car insurance premiums in Maryland may vary from city to city. In some cities of Maryland, car insurance prices are high compared to others.

City Average annual insurance premiums
Baltimore $2077
Essex $1800
Catonsville $1606
Towson $1604
Aspen Hill $1595
Bowie $1590
Waldorf $1572
Glen Burnie $1550
Silver Spring $1545
Columbia $1478
Rockville $1468
Gaithersburg $1460
Ellicott City $1448
Potomac $1400
Annapolis $1386
North Bethesda $1373
Bethesda $1311
Frederick $1221
Hagerstown $1180

If you are looking for a car insurance deal in Maryland, you can compare car insurance quotes provided for free by MyMoneyMyQuotes.com to get yourself the best possible deal.

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