In our search for Maryland auto insurance, we looked at several companies and compared their rates, customer satisfaction, financial strength, coverages, discounts and more. While Maryland has some of the most expensive car insurance rates in the nation, we found companies that may be able to offer top-notch customer service at more affordable rates.
The 4 Best Car Insurance Companies in Maryland
- Erie: Best for Customer Satisfaction
- Geico: Best for Low Rates
- State Farm: Best for Discounts
- USAA: Best for Military-Centric Options
Compare the Best Car Insurance Companies in Maryland
| Average Annual Price for Minimum Coverage* | Average Annual Price for Full Coverage* | AM Best Financial Strength AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. Power Customer Satisfaction ** J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|---|---|
| Pin Erie | $660 | $1,881 | A+ | 856 | |
| Pin Geico | $641 | $1,627 | A++ | 835 | |
| Pin State Farm | $920 | $2,007 | A++ | 851 | |
| Pin USAA | $604 | $1,574 | A++ | 896 |
Accurate as of June 2021
* Data provided by Bankrate.com
**J.D. Power 2021 Auto Insurance Satisfaction Study for the Mid-Atlantic region. Based on a 1,000-point scale. USAA is not officially rated due to eligibility restrictions.
Best for Customer Satisfaction
Why we chose it
Why we chose it
Pros
- Erie Rate Lock
- Excellent customer satisfaction
Cons
- Lack of digital tools
Types of Coverage Offered
- Collision
- Liability
- Comprehensive
- Transportation expense/rental car coverage
- Roadside assistance
- New car protection
- Better car protection
- Rideshare
- Erie Rate Lock
- First accident forgiveness
- Diminishing deductible
Discounts available
- Multi-policy
- Vehicle storage
- Safety savings
- Payment perks
- Youthful driver discount
- College credit
Best for Low Rates
Why we chose it
Why we chose it
Pros
- Lowest annual premiums
- Above-average customer experience
Cons
- No gap coverage
- Fewer than average local agents
Types of Coverage Offered
- Liability
- Medical payments
- Uninsured & underinsured motorist
- Collision
- Comprehensive
- Roadside assistance
- Rental reimbursement
- Mechanical breakdown
Discounts Available
- Vehicle equipment features
- New vehicle
- Good driver
- Seat belt use
- Defensive driving
- Driver’s education course
- Good student
- Emergency deployment
- Membership & employee
- Military
- Multi-vehicle
- Multi-policy
Best for Discounts
Why we chose it
Why we chose it
Pros
- Strong customer satisfaction scores
- Robust coverage options
- Multiple discounts for safe driving and good students
Cons
- Highest premiums in our list
Types of Coverage Offered
- Collision
- Comprehensive
- Liability
- Rental and travel expense
- Uninsured & underinsured motorist
- Medical payments
- Roadside assistance
- Rideshare driver
Discounts Available
- Drive Safe and Save
- Steer Clear
- Accident-free
- Defensive driving
- Student discounts
- Driver training
- Good driving
- Vehicle safety features
- Multi-car
- Multiple-policy
Best for Military-Centric Options
Why we chose it
Why we chose it
Pros
- Competitive insurance premiums
- Top-rated customer satisfaction
Cons
- Only available to military members and their families
Types of Coverage Offered
- Collision
- Comprehensive
- Liability
- Personal injury protection
- Uninsured & underinsured motorist
- Roadside assistance
- Rental reimbursement
- Accident forgiveness
Discounts Available
- Safe driver
- Defensive driving
- Driver training
- Good student
- New vehicle
- Multi-vehicle
- Annual mileage
- Vehicle storage
- Family discount
- Length of membership
- Military installation
- Full pay
*Data provided by Bankrate.com
**J.D. Power’s 2021 U.S. Auto Insurance Study rating for the Mid-Atlantic region. Based on a 1,000-point scale. USAA is not officially rated due to eligibility restrictions.
The Average Cost of Car Insurance in Maryland
Based on our review of 2021 quoted premiums from Bankrate.com, Maryland drivers pay an average of $767 per year for minimum coverage and $1,877 per year for full coverage. For comparison, the national average is $565 for minimum coverage and $1,674 for full coverage.
However, your car insurance rates vary based on many factors unique to each driver. The state in which you live is a significant contributing factor, as states with higher minimum coverage requirements usually mean higher premium costs. Rates also differ widely from one company to the next. Other determining factors include your age, driving record, vehicle and credit score can commonly impact rates in most states.
Top 3 Cheapest Companies for Car Insurance in Maryland
| Company | Average Annual Full Coverage Premium* |
| Nationwide | $1,232 |
| Penn National | $1,525 |
| USAA | $1,574 |
*Data from Bankrate.com
Top 3 Most Expensive Car Insurance Companies in Maryland
| Company | Average Annual Full Coverage Premium* |
| Maryland Auto Insurance | $4,033 |
| Donegal | $2,217 |
| State Farm | $2,007 |
*Data from Bankrate.com
Top 3 Cheapest Cities for Car Insurance in Maryland
| City | Average Annual Full Coverage Premium* |
| Fountainhead-Orchard Hills | $1,497 |
| Robinwood | $1,497 |
| Paramount-Long Meadow | $1,497 |
*Data from Bankrate.com
Top 3 Most Expensive Cities for Car Insurance in Maryland
| City | Average Annual Full Coverage Premium* |
| Gwynn Oak | $3,106 |
| Pikesville | $2,917 |
| Milford Mill | $2,773 |
*Data from Bankrate.com
Car Insurance Add-Ons That May Further Protect You
- Roadside assistance: Many insurers offer roadside assistance to customers who need towing service, battery jump, flat tire change, and more.
- Gap coverage: In case you total your newer car, gap insurance covers the difference between your car’s cash value and the amount you still owe on your loan.
- Accident forgiveness: In general, your auto insurance rates will increase after an accident. This optional coverage may help prevent them from increasing after your first accident.
- Rental reimbursement: In the event your car is in the shop for covered damage repairs, many car insurance companies offer coverage that will reimburse your rental car costs.
Guide to Maryland Car Insurance
Each state has its own unique car insurance laws, and drivers should always be aware of their state’s laws before hitting the road. Maryland’s law requires drivers to carry liability coverage.
Maryland Minimum Insurance Requirements
All drivers in Maryland must carry minimum liability insurance. Failure to do so can result in steep fines, loss of license, or suspension of vehicle registration.
Minimum liability required in the state of Maryland is divided as follows:
- $30,000 bodily injury liability per person
- $60,000 bodily injury liability per accident
- $15,000 property damage liability per accident
- $30,000 uninsured motorist bodily injury per person
- $60,000 uninsured motorist bodily injury per accident
- $15,000 uninsured motorist property damage per accident
$2,500 in personal injury protection must be offered but can be declined in writing.
Maryland Car Insurance FAQ
Methodology
Reviews.com reviews products, services, and companies based on five criteria to help readers understand how companies compare based on similar metrics. For the best car insurance companies, our editorial team compared affordability, customer support, coverage options, customer satisfaction scores, and online resources from each company to determine top providers.
As for average pricing, we used Bankrate.com’s 2021 data of car insurance in Maryland, based on the profiles of a 40-year male and female. For full coverage, the details used were the following:
- $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 2019 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.
