Auto Insurance Maryland and beyond

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auto insurance maryland

Look Here for Auto Insurance Maryland rates, minimums, state laws, and quirky statistics.

Scroll down for tips on securing the least expensive Maryland car insurance package you can possibly get.

To compare car insurance premiums in all U.S. states and Washington DC, or to study American culture, or to learn about top U.S. colleges and more, visit any of the links shown below.

AVERAGE PREMIUM FOR AUTO INSURANCE MARYLAND

The average yearly premium for cars owned in Maryland was $1,164 this year. This figure is noticeably above the national average annual car insurance premium for the time period, which was around $942.

Part of the reason for these inflated premiums may be the state's relatively large population density, combined with higher crime rates.

minimum liability coverage in maryland

Maryland state law calls for a minimum per-vehicle insurance coverage of 30/60/15. In other words,

$30,000 in Personal Injury Protection
$60,000 to cover death or injury to others
$15,000 against property damage

However, even these state-mandated minimums often do not fully cover the actual cost of an accident. This is why the Insurance Information Institute recommends 100/300 injury coverage for all U.S. drivers, as well as Uninsured Motorist protection (UMI).

Most Maryland car owners are under-insured, and roughly 1 out of 8 cars on Maryland roads are uninsured altogether. So UMI is especially important for Maryland drivers, since Maryland is not a “no-fault” state, but a "tort" state.

penalties for driving without insurance

People who get caught driving without car insurance in Maryland face a 30-day registration suspension and a $150 fine.

The fine increases by seven dollars per day until insurance premiums are paid, with a maximum penalty of $2,500.

low cost maryland car insurance

Here are some ways to minimize your annual cost on auto insurance Maryland.

Maryland insurance companies boast a broad range of discounts to encourage smart, safe driving habits.

Discounts are available for safe drivers, senior citizens, good students and multiple policy holders, among others.There is NO limit on the number of discounts you can qualify for, so apply for as many discounts as possible.

ASK ABOUT THE DISCOUNTS!

This can save you 25-30 percent on annual car insurance premiums.

Particular to this state is the Maryland Automobile Insurance Fund (MAIF), which assists drivers who cannot afford car insurance.

MAIF programs include the Uninsured Division, which pays insurance benefits to Maryland residents who have been injured in an auto accident.

Maryland's Uninsured Division is funded by penalties imposed on people caught driving without insurance.

Auto Insurance quotes in Maryland

Recent consumer reports indicate that the following auto insurance carriers are the most popular among Maryland drivers:

ABC
Allstate
Encompass
Liberty Mutual
The Hartford
State Farm
21st Century Insurance

Still, for auto insurance Maryland drivers sometimes prefer smaller companies, such as Erie Car Insurance or The Advantage Group.

In any case, Maryland is home to many car insurance companies who offer car insurance coverage at competitive rates.

Call around and ask about the discounts. Compare rates. Then simply choose the cheapest deal that suits your individual needs.

Auto Insurance Maryland and beyond