Question: How Much Is Car Insurance In Maryland?


How much is car insurance for a new driver in Maryland?

Maryland Car Insurance Rates by Age Insurance carriers see young drivers as inexperienced and have a greater risk of getting in accident. In Maryland, the typical teen driver between the age of 16 and 19 will pay $306.06 per month while a driver in their 40s will pay an average of $143.34 per month.

Why is car insurance so expensive in MD?

Car insurance in Maryland is expensive because minimum liability requirements are so high and both personal injury protection and uninsured motorist coverage are required. As the cost of providing insurance goes up, the premiums insurers charge also rise. All insured drivers share the increasing cost of insurance.

Is auto insurance expensive in Maryland?

Auto insurance costs an average of $1,240 per year in Maryland. Learn more and compare rates. Car insurance is affordable in Maryland. The average car insurance rate in Maryland is $1,240 per year — less than the US average by 13.1%.

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Do you need car insurance in Maryland?

Maryland law requires that each motor vehicle owner obtain insurance coverage on a motor vehicle before it is registered. Coverages mandated by law include liability coverage, uninsured motorist coverage, and personal injury protection; other coverages, as discussed later, are optional.

How much is car insurance per month in Maryland?

The average cost of full coverage auto insurance in Maryland is $2,386 per year, or $199 per month, but drivers could find cheaper rates by comparing car insurance companies.

What is a fair price for car insurance?

The national average cost of car insurance is $1,592 per year, according to NerdWallet’s 2021 rate analysis. That works out to an average car insurance rate of about $133 per month.

Who has the cheapest car insurance in Maryland?

Cheapest Car Insurance in Maryland

Rank Insurer Average Quote
1 Travelers $974 per year
2 Erie $2,262 per year
3 Geico $1,188 per year
4 USAA $1,289 per year

What is the best car insurance in Maryland?

The 4 Best Car Insurance Companies in Maryland

  • Erie Insurance: Best for High-Risk Drivers.
  • GEICO: Cheapest Maryland Car Insurance Company.
  • State Farm: Best for Customer Satisfaction.
  • USAA: Best for Military Members.

Is car insurance cheaper in Maryland or Virginia?

A recent study of car insurance rates by states (plus DC) put DC as the sixth most expensive, Maryland at 21st and Virginia at 44th. This is one contest that’s good to lose. The study compared average annual premiums in each state. In DC it’s $1,696, which is 29% above the average national rate of $1,318.

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How much is car insurance for a 20 year old in Maryland?

Cheapest full coverage car insurance in Maryland for 20 – year – olds. Drivers in Maryland with clean driving records may want to consider the following companies, which had the lowest average rates: Allstate: $2,941 per year. Geico: $2,972 per year.

What is the minimum auto insurance coverage in Maryland?

The minimum legal Maryland car insurance coverage is: Bodily Injury Liability Coverage: $30,000 minimum per person / $60,000 minimum per accident. Property Damage Liability Coverage: $15,000 minimum. Uninsured Motorist Bodily Injury Coverage: $30,000 minimum per person / $60,000 minimum per accident.

Is Maryland a no fault auto insurance state?

No, Maryland is not a no – fault state. Maryland is a tort state, which means the at- fault driver in an accident uses their liability insurance to pay for other people’s medical bills and repair expenses up to the limits of the policy.

What is full coverage insurance in Maryland?

Full coverage insurance in Maryland is usually defined as a policy that provides more than the state’s minimum liability coverage, which is $30,000 in bodily injury coverage per person, up to $60,000 per accident, and $15,000 in property damage coverage.

What is the penalty for driving without insurance in Maryland?

In Maryland, driving without insurance is a misdemeanor criminal citation. This means that in addition to severe fines, you could face jail time & cause you to lose your license. A conviction on a first offense can carry 5 points on your license, a $1000 fine and up to one year in jail.

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What car insurance do I need in Maryland?


  1. Bodily Injury Liability Coverage. A minimum of $30,000 per person and $60,000 per accident.
  2. Property Damage Liability Coverage. A minimum of $15,000.
  3. Uninsured Motorist Bodily Injury Coverage.
  4. Uninsured Motorist Property Damage Coverage.

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