The cheapest full coverage car insurance in Maryland is $105, saving you $40 compared to the average cost of insurance in the state, which is around $145 per month.

CarInsurance.com has done the homework for you. We analyzed rates from various auto insurance companies in Maryland, such as Geico, Progressive, State Farm and more, so you can effortlessly compare their rates to find the most affordable option.

“Drivers looking to get the cheapest insurance premiums in Maryland should maintain continuous coverage and avoid any lapse. When it comes to shopping for a new insurance company, discounts may be applied if the drivers have maintained continuous coverage, which will help lower the annual premium,” says Lauren Mckenzie, senior insurance agent, A Plus Insurance.

Key Highlights
  • According to recent data, Geico offers the cheapest full coverage car insurance in Maryland at $105 per month.
  • Maryland drivers with a clean driving record pay 37% less for car insurance than drivers with a DUI.
  • In Maryland, the city of Maugansville has the most affordable car insurance rates at $1,428 annually.
  • Comparing price quotes from multiple insurers can help you save up to 28% per year on your car insurance policy in Maryland.

Which company offers the cheapest car insurance rates in Maryland?

Based on data analysis by CarInsurance.com, Geico provides the cheapest full coverage auto insurance rates for Maryland drivers at a monthly rate of $105 or $1,262 a year.

A full coverage policy bundles liability insurance, which is required by most states, with optional coverages like comprehensive and collision. These additional coverages come with a deductible, meaning you’ll have to pay a set amount out-of-pocket before your insurance kicks in.

Find out which insurance company offers the cheapest car insurance rates for full coverage in Maryland.

Cheapest car insurance rates in Maryland per month

CompanyFull coverage monthly rates
Geico$105
Nationwide$114
Travelers$127
Kemper Insurance$134
Erie Insurance$140
Progressive$158
Penn National Insurance$159
State Farm$181
Allstate$259
USAA*$87

Note: USAA is only available to military community members and their families.

Maryland drivers who pay lower insurance premiums

Car insurance rates can differ due to various factors, including age, location, driving history, credit score and the type of vehicle you own. Some insurers may offer cheaper rates for certain types of drivers compared to others.

  • Married drivers pay 6% less than single drivers.
  • Maryland drivers with clean records pay 37% less than drivers who have a DUI on their record.
  • Maryland drivers in their 20s pay 52% lower rates for insurance than a 16-year-old in Maryland.
  • Adding a teen to your policy will cost you 66% less than having the teen purchase their own auto insurance policy.
  • Drivers who are licensed for three or more years pay 31% less on their insurance premiums.
  • Drivers insured for three or more years can save up to 22% on their insurance costs.

Tip iconTip

If you no longer drive regularly or work remotely, you may want to re-evaluate your insurance policy. Drivers with a daily commute of less than 15 miles can save up to 6% for this state more on their premiums.

Cheapest companies for different coverage levels in Maryland

It’s no secret that car insurance quotes vary drastically from person to person and from company to company. Your car insurance premiums will also vary depending on the coverage level you choose, your driving history and other factors.

In addition to full coverage, there are also liability-only and state minimum policies. Unlike full coverage, liability-only and state minimum policies only cover damage to another driver’s bodily injury and property damage in the event of an accident.

Not all insurers offer the same coverage limits at the same price point. For instance:

  • Geico is the cheapest for a state minimum policy.
  • Geico has the cheapest rates for a liability-only policy (50/100/50).
  • Geico offers the cheapest car insurance for a full coverage policy (100/300/100) in Maryland.

The numbers above (100/300/100) represent coverage of up to $100,000 per person for medical bills with a $300,000 cap per accident, as well as up to $100,000 for property damage.

Cheapest companies for state minimum coverage in Maryland

In Maryland, all drivers must have a certain amount of car insurance, also called the state’s minimum coverage requirements. You must purchase the minimum coverage limits listed below. Keep in mind that minimums are merely that – the minimum. Most drivers need more insurance to be protected in case of a costly accident.

Minimum coverageMinimum limit
Minimum bodily injury liability$30,000/$60,000
Minimum property damage liability$15,000

Read more about the minimum liability car insurance requirements by state

The following table lists Maryland’s major insurance providers, ranked by their average annual state minimum coverage rates, from cheapest to most expensive.

CompanyState minimum annual rates
Geico$428
Erie Insurance$600
Travelers$647
Kemper Insurance$707
Nationwide$724
State Farm$744
Progressive$812
Penn National Insurance$1,021
Allstate$1,255
USAA*$362

Note: USAA is only available to military community members and their families.

Cheapest insurance providers for liability-only coverage in Maryland

Liability-only coverage will financially protect you up to the specific policy limits for any damage, injuries or deaths resulting from an accident for which you’re responsible.

Here are the average annual rates for liability insurance coverage from major carriers in Maryland, ranked in the order of the cheapest to the most expensive. The coverage limits for these rates are $50,000 for bodily injury per person, $100,000 for bodily injury per accident and $50,000 for property damage.

CompanyLiability only annual rates
Geico$465
Erie Insurance$660
Nationwide$715
Travelers$715
Kemper Insurance$779
Penn National Insurance$827
State Farm$839
Progressive$875
Allstate$1,299
USAA*$418

Note: USAA is only available to military community members and their families.

Cheapest full coverage in Maryland

Full coverage car insurance policies consist of comprehensive and collision insurance. Comprehensive and collision protect against accidents, theft, vandalism and natural disasters.

Ideally, full coverage means you have insurance that’s appropriate for your income, assets and risk profile. Lenders require full coverage from those who finance their cars.

The table below shows the average annual rates from major insurance providers in Maryland, listed by cost, for a full coverage policy of $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage, with comprehensive and collision coverage and a $500 deductible.

CompanyFull coverage annual rates
Geico$1,262
Nationwide$1,363
Travelers$1,523
Kemper Insurance$1,603
Erie Insurance$1,685
Progressive$1,895
Penn National Insurance$1,911
State Farm$2,177
Allstate$3,108
USAA*$1,043

Note: USAA is only available to military community members and their families.

Learn more about who has the cheapest full coverage auto insurance

Cheapest car insurance in Maryland by driving history

In Maryland, driving history significantly impacts car insurance costs. Insurance companies use this information to evaluate the risk of insuring a driver. Drivers with clean records pose less risk, leading to lower premiums.

Insurance companies consider traffic violations like speeding tickets, DUIs and at-fault accidents as indicators of risky driving behavior. So, they charge higher premiums to drivers with these violations on their record.

In Maryland, drivers with a history of such violations typically pay $896 more annually than drivers with clean records.

Cheap car insurance rates after a speeding ticket in Maryland

If you’ve got a speeding ticket on your Maryland driving record and need affordable car insurance, Geico might be the answer. With an average annual rate of $1,694, Geico offers the cheapest full coverage auto insurance options for drivers with speeding tickets in Maryland.

CompanyRates before speedingAfter speeding (1-29 mph over limit)% difference$ difference
Geico$1,364$1,69424%$331
Erie Insurance$1,999$2,0915%$91
Travelers$1,508$2,28552%$777
State Farm$2,407$2,64310%$236
Progressive$2,135$2,67025%$535
Nationwide$1,874$2,71245%$838
Kemper Insurance$2,192$3,47158%$1,279
Allstate$3,595$4,83134%$1,236
USAA*$1,104$1,31019%$206

Note: USAA is only available to military community members and their families.

Cheap car insurance rates after a DUI conviction in Maryland

CarInsurance.com analyzed insurance rates for Maryland drivers with DUI convictions and we found that Geico provides the cheapest car insurance rates at an average annual premium of $1,671. Erie Insurance is the second-cheapest insurer at an average of $2,091 per year.

A DUI can significantly impact your car insurance costs. On average, drivers with clean records pay 37% less than drivers with a DUI on their record.

Company Rates before DUIRates after a DUI% difference$ difference
Geico$1,364$1,67123%$307
Erie Insurance$1,999$2,0915%$91
Travelers$1,508$2,39359%$885
State Farm$2,407$2,64310%$236
Progressive$2,135$2,99740%$862
Nationwide$1,874$4,289129%$2,415
Allstate$3,595$4,67730%$1,082
Kemper Insurance$2,192$5,055131%$2,863
USAA*$1,104$2,920165%$1,816

Note: USAA is only available to military community members and their families.

Cheap car insurance companies in Maryland after an at-fault accident

The car insurance company with the cheapest driver rates after an at-fault accident is Geico, at $2,064 a year.

On the other hand, Travelers offers the second-cheapest full-coverage car insurance rates for drivers with a history of at-fault accidents at an average annual premium of $2,214.

When you are responsible for an accident, it can have a significant impact on your insurance premiums. Insurance companies generally consider at-fault accidents an indicator of increased risk, which leads to increased premiums.

CompanyRates before accidentRates after accident% difference$ difference
Geico$1,364$2,06451%$700
Travelers$1,508$2,21447%$706
Erie Insurance$1,999$2,57629%$576
State Farm$2,407$2,99725%$590
Progressive$2,135$3,23752%$1,102
Nationwide$1,874$3,41582%$1,541
Kemper Insurance$2,192$4,31497%$2,122
Allstate$3,595$5,79361%$2,198
USAA*$1,104$1,84067%$736

Note: USAA is only available to military community members and their families.

Maryland cities with the lowest auto insurance rates

Where you live significantly impacts your car insurance cost. Insurance companies consider the number and cost of claims in your area to determine the risk of insuring vehicles. Areas with higher accident risks or theft rates tend to have higher premiums to compensate for the increased risk.

Maugansville is the city with the lowest premiums in Maryland at an annual auto insurance rate of $1,428.

Insurance providers rely on statistical data regarding thefts, collisions and vandalism to analyze the likelihood of such incidents occurring in a particular area. Besides driving history, your car model and age play a significant role in determining your insurance premiums.

Find below a list of Maryland cities with the lowest car insurance rates.

CityFull coverage annual rates
Maugansville$1,428
2 Williamsport$1,429
Frostburg$1,430
Easton$1,434
13 Mount Savage$1,434
Fountainhead-Orchard Hills$1,437
Smithsburg$1,439
Cumberland$1,442
Fairplay$1,446
Clear Spring$1,449

Explore the top 10 factors that influence car insurance rates

Average savings on car insurance in Maryland

If you compare car insurance quotes, you could enjoy an annual saving of around 28% on a full coverage policy in Maryland.

While the actual savings may differ for each person, comparing price quotes before buying a policy can help you find affordable insurance.

Car insurance discounts in Maryland: Save on premiums

Maryland drivers can lower their car insurance costs by taking advantage of discounts. Insurance companies give discounts to drivers who drive safely, have safety features in their cars and bundle insurance policies.

Compare prices and coverage from different insurance companies to get the best deal and discounts for your specific needs.

Below, find common auto insurance discounts available in Maryland.

Discount type% difference$ difference
Air bags1%$29
Anti-theft device1%$14
Daily commute5%$124
Days advanced purchase7%$188
Days per week driven6%$175
Education7%$119
Electronic funds transfer4%$87
Electronic signature10%$175
Homeowner4%$93
Lower annual mileage5%$101
Loyalty – years renewal with company3%$75
Marital status6%$146
Multi policy8%$219
Paperless/electornic documents4%$133
Payment type8%$217
Primary use9%$231
Profession11%$221
Safety devices3%$91
Telematics10%$240
Years insured20%$838
Years licensed29%$1,069

The bottom line on cheap car insurance in Maryland

Based on our research, if you are a good driver, Geico is the cheapest in Maryland for a full coverage policy.

We know that finding the best and cheapest auto insurance coverage is essential, but so is getting the right amount of protection.

The best way to find affordable car insurance in Maryland is to know and understand the coverage you need, compare quotes, apply for discounts and maintain a clean driving record. Even if you have tickets or accidents, it’s still possible that the company will offer you a policy at affordable rates.

Resources & Methodology

Methodology

CarInsurance.com commissioned Quadrant Information Services to field rates in 2023 from all the major insurers in nearly every ZIP code of Maryland for three different coverage levels:

  • Full coverage policy with limits 100/300/100, including comprehensive and collision coverage and a $500 deductible.
  • Liability-only with limits 50/100/50.
  • State-minimum car insurance limits of 30/60/15.

The rates are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a clean driving record and a good credit score. We have compared 53,409,632 car insurance quotes from 75 company groups across 34,588 ZIP Codes.

Violations:

Car insurance rates are calculated by evaluating the sample profile of a 40-year-old driver for a full coverage policy with limits 100/300/100, including comprehensive and collision coverage, and a $500 deductible, with the following incidents applied: clean record, at-fault accident, DUI conviction and speeding ticket.

Discounts:

Car insurance discount rates are for a full coverage policy with limits of 100/300/50 and a $500 comprehensive and collision deductible based on the sample profile of a 40-year-old male driver. To gather the data, our data experts compared 2,677,890 insurance quotes across various ZIP Codes.

The rates are for comparison purposes only and your exact rates may vary.

Still have a question? Ask our experts

Get advice from an experienced insurance professional. Our experts will help you navigate your insurance questions with clarity and confidence.

Authors Browse all FAQs
Please enter a valid input Min 50 to max 250 characters are allowed. Only (& ? , .) charcters are allowed.
All information provided will remain confidential.
Please enter a valid input
Browse all FAQ’s >>
Error: Security check failed
Thank You, Your message has been received. Our team of auto insurance experts typically answers questions within five working days. Note that due to the volume of questions we receive, not all may be answered. You are a bot!
Ask another question
Meet our editorial team
author-img Shivani Gite Contributing Writer
Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. When not writing, you can find her reading a book or watching anime.
author-img Laura Longero Executive Editor
Laura Longero is an insurance expert with more than 15 years of experience educating people about personal finance topics and helping consumers navigate the complexities of auto insurance. She writes and edits for QuinStreet’s CarInsurance.com, Insurance.com and Insure.com. Prior to joining QuinStreet, she worked as a reporter and editor at the USA Today Network.