Cheapest car insurance in Maryland for 2023

The cheapest car insurance companies in Maryland

When looking for cheap car insurance, Maryland drivers may want to consider which carrier works best for their specific driving profile. Rates can vary widely depending on whether you have an infraction on your driving record or are a young and inexperienced driver. The information outlined in the table below may be a good starting point when searching for the cheapest car insurance in Maryland.

Cheapest company for minimum coverage

Cheapest company for full coverage

Cheapest company for adding a teen driver

Cheapest company for getting a speeding ticket

Cheapest company for being in an at-fault accident

Cheapest company after a high-risk incident

The cheapest car insurance companies in Maryland by coverage level

When looking for cheap car insurance, Maryland drivers can get lower rates with minimum coverage vs. full coverage. But while minimum coverage car insurance is cheaper on average, many drivers may find that minimum coverage does not offer the protection they need, as it only covers the damages for the other party if you cause an accident. With full coverage car insurance, you get the benefit of physical damage coverage for your vehicle through comprehensive and collision insurance. Below are the average savings for some carriers offering cheap Maryland auto insurance compared to the state average.

Cheapest cities in Maryland for car insurance

The Maryland city you live in can affect how much you pay for minimum or full coverage car insurance. Each ZIP code has its own average repair costs, crime statistics, weather events and population that can impact whether you can get affordable car insurance for Maryland drivers. The tables below show how rates compare in different cities across the state.

Getting a speeding ticket

Getting into an at-fault accident

Being deemed a high-risk driver

Minimum coverage requirements for Maryland drivers

Maryland law requires that all drivers carry at least a minimum amount of coverage for bodily injury liability and property damage liability. This requirement is to ensure that there is at least some coverage for the costs that others incur when you damage another party’s vehicle or injure them in accidents where you are at fault. Here are the minimum auto insurance requirements in Maryland:

• Bodily injury liability: $30,000 per person
• Bodily injury liability: $60,000 per accident (for two or more people)
• Property damage liability: $15,000 per accident

For most drivers, minimum coverage is not enough. Most insurance experts recommend buying enough liability coverage to at least match your assets. Having full coverage is another way to protect yourself financially, since you have physical damage coverage for your own vehicle. Even when you opt for full coverage, you can still get cheap Maryland car insurance.

How to get the cheapest car insurance in Maryland

Getting the cheapest car insurance in Maryland is a goal for many drivers. If you are looking for how to save on car insurance in Maryland, consider these tips.

Compare quotes

Car insurance rates can vary by insurance company, even with the same driving profile and coverage options. Getting at least three quotes for the same coverage limits from different companies and comparing them can help you find the cheapest car insurance in Maryland for your individual needs and driving profile.

Maintain a clean driving record

Not only can you typically get the cheapest car insurance in Maryland with a clean driving record, but it may come with other advantages too. For example, you may get access to safe driving discounts and become eligible for accident forgiveness, depending on your car insurance company. With accident forgiveness, your rates typically won’t increase if you cause an at-fault accident, which can be another way to protect your cheap Maryland car insurance rates.

Review your coverage 

Some people like to set their insurance coverage and forget it, but reviewing your coverage at each renewal may help ensure you are only paying for the coverage you need. If you experience a life event, like getting married, divorced or adding a person to your household, discuss it with your agent and check your policy, making coverage changes if necessary.

Car insurance discounts in Maryland

Applying discounts is another way you may be able to get Maryland car insurance savings. Stacking discounts can help you maximize savings, so be sure to ask which discounts are available so you can apply as many as you are eligible for.

• Young driver discounts: Although insuring young drivers can be expensive, there are ways to save. Drivers with a B or above GPA can get a good student discount. Taking advantage of telematics programs to demonstrate safe driving habits is another way for teens to save on Maryland car insurance.
• Safe driver discounts: A safe driving discount is available for drivers with a clean driving record. The longer you go without a ticket or at-fault accident, the more you could save.
• Bundling discounts: Bundling your home and auto typically offers a large discount on car insurance. Some carriers offer discounts for bundling other policies with auto insurance, like life or pet insurance.
• Affiliation discounts: Another way to save on car insurance in Maryland is through affiliation discounts. This could mean being a member of a professional organization, a credit union or even working in a certain industry or for a specific employer.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually. 

These are sample rates and should only be used for comparative purposes.