Sign up & start saving!
Get our weekly newsletter for the latest in money news, credit card offers + more ways to save
Guides
Vehicle Guides
Need Financing?
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Compare car insurance in Maryland
Get the cheapest car insurance in Maryland for 2020
Updated
If you’re moving from state to state or trying to figure out if you can save some cash by changing your insurance plan, you need to know your state’s minimum requirements.
Each state has its own auto insurance guidelines — some are at-fault states, others are no-fault; a few require specific liability insurance while most are more lenient. Some states even have alternatives to car insurance for high-risk drivers. Shopping around may allow you to find insurance cheaper than Marylands average annual car insurance cost of $1,500. Compare Maryland’s car insurance requirements and see how you can get the best value for your coverage.
Maryland
Car insurance quick facts
30/60/15
Minimum liability requirements
$1,500
Average annual car insurance cost
30
Days to update your license
No-fault state
In no fault states, each driver pays for their own damages in an accident.
Our top pick: Progressive
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
- Broad coverage, including for custom car parts or ridesharing
- Transparent pricing tools that help you buy within budget
- Accident forgiveness on small claims or for staying claim-free
- Stack a variety of discounts for multiple cars, autopay or homeownership
Compare Maryland car insurance
Most popular Maryland auto insurance companies list
| Company | Direct premiums written (billions) | Market share |
|---|---|---|
| Geico | $1,289,470 | 24.4% |
| State Farm | $967,626 | 18.3% |
| Allstate | $611,327 | 11.6% |
| USAA | $471,969 | 8.9% |
| Erie | $416,530 | 7.9% |
| Progressive | $358,134 | 6.8% |
| Nationwide | $341,678 | 6.5% |
| Liberty Mutual | $173,446 | 3.3% |
| Travelers | $94,055 | 1.8% |
| Maryland Automobile Insurance Fund | $83,021 | 1.6% |
What's in this guide?
Average car insurance costs in Maryland
In Maryland, you’ll pay below the national average for car insurance at around $1,500 annually.
But, you could fall outside of the average depending on your driving record, your credit score, the kind of vehicle you drive and a handful of other factors.
No matter what insurance you go with, if you’re planning on driving in Maryland, make sure that you carry proof of your insurance plan with you. You can also pull up digital versions of this ID on any smart device to prove your coverage.
Cheapest car insurance in Maryland
| Company | Average annual rate | Learn more |
|---|---|---|
| Geico | $603 | Get a quote |
| Allstate | $1,441 | Get a quote |
| USAA | $1,456 | Get a quote Read review |
| Progressive | $1,583 | Get a quote Read review |
| State Farm | $1,823 | Read review |
| State Auto | $2,619 | |
| Penn National | $2,704 | |
| Esurance | $2,831 | Get a quote Read review |
| Donegal | $2,833 | |
| Erie | $3,732 |
Which city has the cheapest car insurance in Maryland?
Of Maryland’s largest cities, Gaithersburg has the cheapest rates and Parkville has the most expensive car insurance rates. Parkville drivers could face rates 4 times more than Gaithersburg drivers.
Car insurance quotes in Parkville
| Company | Annual car insurance rate |
|---|---|
| Allstate | $2749 |
| Esurance | $5951 |
| Progressive | $3060 |
| Geico | $1504 |
| StateFarm | $2764 |
Car insurance quotes in Silver Spring
| Company | Annual car insurance rate |
|---|---|
| Allstate | $2508 |
| Esurance | $4427 |
| Progressive | $2383 |
| Geico | $1458 |
| StateFarm | $2426 |
Car insurance quotes in Gaithersburg
| Company | Annual car insurance rate |
|---|---|
| Allstate | $2145 |
| Esurance | $4138 |
| Progressive | $2103 |
| Geico | $1284 |
| StateFarm | $2126 |
Car insurance quotes in Pasadena
| Company | Annual car insurance rate |
|---|---|
| Allstate | $2361 |
| Esurance | $3658 |
| Progressive | $2321 |
| Geico | $1308 |
| StateFarm | $2172 |
Car insurance quotes in Germantown
| Company | Annual car insurance rate |
|---|---|
| Allstate | $2145 |
| Esurance | $4116 |
| Progressive | $2172 |
| Geico | $1318 |
| StateFarm | $2148 |
Maryland’s car insurance minimums
In order to legally drive in Maryland, you’ll need minimum liability insurance, including:
- $30,000 in bodily injury liability coverage per person.
- $60,000 in bodily injury liability coverage per accident.
- $15,000 in property damage liability coverage per accident.
When shopping for car insurance, you’ll sometimes see this written as 30/60/15.
Some states require drivers to purchase uninsured or underinsured motorists coverage (UM/UIM coverage), which protects them in case they get into an accident with someone without proper insurance coverage. Maryland requires you to buy this coverage at the same minimums as your liability insurance plan. To learn more about this kind of coverage and why it might be a good idea, even when it isn’t legally required, visit our guide to uninsured motorist insurance.
You’ll also need to purchase at least a $2,500 personal injury protection (PIP) coverage. PIP coverage helps pay for medical expenses, regardless of who was at-fault for the car accident. You can choose either full or limited coverage. Limited coverage covers children under 16 in your household and injured pedestrians. But, it doesn’t cover you, the policyholder or household members older than 16.
PIP insurance in Maryland
Personal injury protection (PIP) in Maryland covers medical expenses after an accident for you and any passengers. Your PIP kicks in after a car accident regardless of fault. Typically you can use this coverage before dipping into your health insurance coverage. You can typically even use your PIP coverage if you’re injured in a taxi or riding in someone else’s car.
You can use PIP insurance to cover expenses including hospitalization, ambulance rides, surgery, therapy, rehabilitation and funeral expenses. You can also get up to 85% of lost wages while unable to work due to accident injuries. Like comprehensive claims, PIP claims won’t affect your car insurance rates.
Can I get SR-22 insurance in Maryland?
No, Maryland is one of a few states that doesn’t require an SR-22. An SR-22 is a form of financial responsibility your insurance provider files with the state DMV to prove you have minimum coverage.
Bottom line
Carrying auto insurance protects you, your family and fellow drivers. Research your insurance options to make sure that you’re receiving the coverage that you need — and that your state requires.
To learn more about this topic, from rules and regulations to the best discounts and rates, visit our comprehensive guide to car insurance.
Frequently asked questions about car insurance in Maryland
More guides on Finder
-
Compare tuition insurance
If your child gets sick or injured and has to take time away from college, tuition insurance can reimburse you for what you already paid.
-
Denied life insurance
Learn the common health reasons that lead to denials and how to get life insurance anyway.
-
Birth rates by state
Are birth and fertility talk the elephant in the womb? Finder research looks at birth rates, fertility rates and the average age of mothers in America.
-
Asbestos and home insurance
Learn when your home insurance policy would and wouldn’t pay to remove this building material.
-
What cars are made in America?
Check out the top 50 American car models, and find out what makes them American.
-
Car insurance for drivers 25 to 40 years old
Take advantage of the lowest minimum coverage rates by earning all the discounts you can.
-
People are still dying after more than 6 years of Takata recalls – are you at risk?
Know your rights if your car has defective Takata air bags, and learn how to find your car’s manufacturer recalls.
-
Heacock Classic car insurance review November 2020
Insure your classic car or race car at agreed value with Heacock Classic, but you’ll have to look elsewhere if you have recent claims or major violations.
-
Which US states are hit most often by hurricanes?
We took a stroll down hurricane alley to learn which states are the most at risk for being hit, what time of year is the most active and which violent storms cost the most.
Ask an Expert