Travelers : $ 732 per year
Geico : $ 757 per class
lake erie : $ 783 per year
Metropolitan : $ 832 per class
Kemper : $ 876 per year
Although mature drivers pay less for car insurance than teens, older drivers start to see their rates go up as they enter their senior years. Comparing car insurance rates can save older drivers hundreds of dollars a year.
Best Cities for Cheap Car Insurance in Maryland
Factors That Affect Car Insurance Premiums in Maryland
Although fledged drivers pay less for car insurance than teens, older drivers start to see their rates go up as they enter their senior years. Comparing car policy rates can save older drivers hundreds of dollars a class.
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Cheapest Car Insurance in Maryland
- Travelers: $81 per month
- Erie: $97 per month
- Geico: $99 per month
- USAA: $107 per month
- Kemper: $113 per month
- State Farm: $125 per month
- Metropolitan: $128 per month
- Allstate: $130 per month
7 Tips for How to Get Cheap Car Insurance in Maryland
1. Compare quotes from both national and regional insurers
Don’t forget to include local insurance companies in your search for cheap car insurance. In Maryland, regional insurers like Erie Insurance and The Hartford might have lower rates than national companies like Geico and State Farm and have comparable customer satisfaction ratings.
2. Know the factors affecting insurance in Maryland
Everyone knows that your driving habits and
3. Maintain coverage
You’ll see higher rates if you let your insurance lapse, even
4. Choose coverage that is right for you
5. Search for discounts
Top car insurance companies in Maryland have a variety of discounts, so almost anyone can find ways to save. You may be able to get a
6. Stay in less expensive zip codes
Car insurance prices can vary a lot based on zip code in Maryland. On average, drivers in the
7. Try usage-based insurance
Low-mileage Maryland drivers can usually save with . If you’re comfortable letting your insurance company monitor your actual driving using your smartphone or another electronic device, you could potentially save a lot.
In the table below, you can see all of the profile characteristics that were used in WalletHub’s analysis, in addition to the specific subset of characteristics that make up our Good Driver profile.
|Category||All Profile Characteristics||Good Driver Profile|
|Age||16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 35, 45, 55, 65||45|
|Marital Status||Single, Married||Single|
|Teenage Driver Included on Policy||No, Yes||No|
|Driving Record||Clean, One Speeding Ticket, One At-Fault Accident, One DUI, Suspended License, Open Container, Red Light Infraction, Reckless Driving, One Not At-Fault Accident||Clean|
|Miles Driven Per Year||7,500 Miles, 15,000 Miles, 20,000 Miles||15,000 Miles|
|Coverage Level||Minimum, Standard, Full||Minimum|
|Discounts||None, Multi-Policy, Homeowner, Student||None|
|Credit Level||Poor, Good||Good|
|Filings||None, SR22, FR44||None|
|Car||Sedan, Minivan, SUV, Coupe, Truck||Sedan|
Below are additional details regarding the terminology and specific characteristics of the variables in the above table:
- Minimum Coverage: Coverage requirements of $30,000 in bodily injury liability per person, $60,000 per accident, and $15,000 in property damage liability, as well as $30,000 in uninsured motorist coverage per person, $60,000 per accident, and $15,000 uninsured motorist property damage coverage per accident, as required by Maryland’s minimum coverage requirements.
- Standard Coverage: Coverage levels of 50k/100k/25k of liability coverage and 50k/100k/25k of uninsured motorist coverage.
- Full Coverage: Coverage levels of 100k/300k/50k of liability coverage, 100k/300k/50k of uninsured motorist coverage, and collision and comprehensive coverage with a $500 deductible.
- Sedan: 2018 Toyota Camry.
- Minivan: 2018 Dodge Grand Caravan.
- SUV: 2018 Toyota RAV4.
- Coupe: 2018 Ford Mustang.
- Truck: 2018 Ford F-150.
Where driver profiles are not specified, WalletHub averaged Maryland insurance quotes across 40 different driver profiles, using the above variables. Quote information is from Quadrant Information Services and is representative only. Individual rates will be different.
WalletHub ’ s analysis of cheap car insurance companies in Maryland is based on data from the Maryland DMV and Quadrant Information Services. together with that data, WalletHub used the characteristics listed below to create 40 different driver profiles designed to identify the cheapest car policy companies for Maryland drivers in a collection of key categories. For each profile, WalletHub compared quotes among top Maryland car insurance companies by averaging premiums from 32 zip up codes that represent at least 20 % of Maryland ‘s population. Military-specific companies like USAA were merely considered for the military-specific category, ascribable to their eligibility restrictions. In some cases, they may still be the best choice overall for eligible drivers.In the board below, you can see all of the profile characteristics that were used in WalletHub ’ south analysis, in addition to the particular subset of characteristics that make up our well Driver profile.Below are extra details regarding the terminology and specific characteristics of the variables in the above table : Where driver profiles are not specified, WalletHub averaged Maryland insurance quotes across 40 different driver profiles, using the above variables. Quote information is from Quadrant Information Services and is representative only. individual rates will be different. Don ’ thymine forget to include local anesthetic indemnity companies in your search for bum car insurance. In Maryland, regional insurers like Erie Insurance and The Hartford might have lower rates than national companies like Geico and State Farm and have comparable customer atonement ratings.Everyone knows that your driving habits and claims history affect how much you pay for car policy. But in Maryland, companies can besides consider your long time, gender, credit history, marital status, and more when setting premiums. The car you drive, your annual mileage, and flush some factors beyond your control all impact the price of insurance.You ’ ll see higher rates if you let your indemnity lapse, even if you don ’ thymine own a cable car. Maryland drivers who don ’ thymine maintain continuous coverage pay an average of 17 % more than those with five or more years of indemnity history.You need indebtedness insurance to pay for the early driver ’ s expenses if you ’ re at demerit in an accident in Maryland. Collision and comprehensive coverage, on the other handwriting, are optional and may be unnecessary if you own an older car, and going with a higher deductible or lower coverage limits costs less, besides. Don ’ thymine scrimp on the coverage you need. But do make inform choices sol you don ’ thyroxine pay more than you have to.Top cable car policy companies in Maryland have a kind of discounts, so about anyone can find ways to save. You may be able to get a discount if you ’ re a student, veteran, full driver, homeowner, bequeath to go paperless, and more.Car indemnity prices can vary a bunch based on nothing code in Maryland. On modal, drivers in the most expensive parts of Maryland spend around $ 2,000 more per class on cable car indemnity than those living in the least expensive areas.Low-mileage Maryland drivers can normally save with. If you ’ re comfortable letting your indemnity company monitor your actual driving using your smartphone or another electronic device, you could potentially save a bunch .