The Cheapest Car Insurance in Maryland for 2022

NerdWallet analyzed auto insurance rates to find you the cheapest car insurance in Maryland for a variety of ages and driving histories.
Apr 30, 2021

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Auto insurance is an important purchase, but finding cheap car insurance in Maryland isn’t always easy. That’s why it’s important to compare rates from multiple insurers.

The average cost of full coverage car insurance in Maryland is $2,062 per year, or about $172 per month, according to NerdWallet’s analysis. Minimum coverage in Maryland is $945 per year on average, but we found you can likely get a cheaper policy. For example, Geico offers the cheapest rates in Maryland at $564 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

Why you can trust NerdWallet: Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in the country where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

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Cheapest car insurance company overall in Maryland

$119/month

4.5

NerdWallet rating 

Cheapest for minimum coverage

$47/month

4.5

NerdWallet rating 

Cheapest for young drivers

$253/month

4.5

NerdWallet rating 

Cheapest for drivers with poor credit

$119/month

4.5

NerdWallet rating 

How we chose the cheapest companies in Maryland

NerdWallet’s editorial team analyzed car insurance rates from 12 auto insurers in Maryland and found the five cheapest options for drivers in several age brackets and with different histories, all driving a 2019 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Maryland. For full coverage, we used the below coverage limits:

  • $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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

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:

  1. Geico: $3,039 per year, or about $253 per month.

  2. Erie: $3,400 per year, or about $283 per month.

  3. Nationwide: $3,490 per year, or about $291 per month.

  4. Encompass: $3,826 per year, or about $319 per month.

  5. State Farm: $3,918 per year, or about $326 per month.

Cheapest minimum coverage car insurance in Maryland for 20-year-olds

Drivers in Maryland who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Geico: $1,173 per year, or about $98 per month.

  2. Erie: $1,370 per year, or about $114 per month.

  3. State Farm: $1,804 per year, or about $150 per month.

  4. Encompass: $2,028 per year, or about $169 per month.

  5. Penn National: $2,070 per year, or about $172 per month.

Cheapest auto insurance in Maryland for 20-year-olds with poor credit

Drivers with poor credit in Maryland should look at the following insurers with the lowest average rates for minimum coverage:

  1. Geico: $1,789 per year, or about $149 per month.

  2. Maryland Auto Insurance: $2,212 per year, or about $184 per month.

  3. Erie: $2,964 per year, or about $247 per month.

  4. Nationwide: $3,140 per year, or about $262 per month.

  5. Encompass: $3,194 per year, or about $266 per month.

Cheapest auto insurance in Maryland for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Maryland, here are the companies with the lowest average rates for minimum coverage:

  1. Geico: $1,458 per year, or about $122 per month.

  2. Erie: $1,859 per year, or about $155 per month.

  3. Nationwide: $2,625 per year, or about $219 per month.

  4. State Farm: $2,652 per year, or about $221 per month.

  5. Progressive: $2,779 per year, or about $232 per month.

Cheapest auto insurance in Maryland for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

  1. Geico: $1,305 per year, or about $109 per month.

  2. Erie: $1,582 per year, or about $132 per month.

  3. Encompass: $2,039 per year, or about $170 per month.

  4. Progressive: $2,727 per year, or about $227 per month.

  5. Maryland Auto Insurance: $2,957 per year, or about $246 per month.

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Cheapest for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Maryland for 30-year-olds

Drivers in Maryland with clean driving records may get the lowest rates from these companies:

  1. Nationwide: $1,439 per year, or about $120 per month.

  2. Geico: $1,467 per year, or about $122 per month.

  3. Erie: $1,639 per year, or about $137 per month.

  4. Penn National: $1,654 per year, or about $138 per month.

  5. State Farm: $1,862 per year, or about $155 per month.

Cheapest minimum coverage car insurance in Maryland for 30-year-olds

Drivers in Maryland who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

  1. Geico: $574 per year, or about $48 per month.

  2. Erie: $669 per year, or about $56 per month.

  3. Donegal: $743 per year, or about $62 per month.

  4. Nationwide: $814 per year, or about $68 per month.

  5. State Farm: $873 per year, or about $73 per month.

Cheapest auto insurance in Maryland for 30-year-olds with poor credit

Drivers with poor credit in Maryland should consider the following companies with the lowest average rates for full coverage:

  1. Nationwide: $1,947 per year, or about $162 per month.

  2. Geico: $2,299 per year, or about $192 per month.

  3. Encompass: $2,952 per year, or about $246 per month.

  4. Progressive: $3,013 per year, or about $251 per month.

  5. Penn National: $3,226 per year, or about $269 per month.

Cheapest auto insurance in Maryland for 30-year-old drivers with one at-fault crash

For drivers in Maryland with a recent accident, here are the lowest average rate options for full coverage:

  1. Geico: $2,066 per year, or about $172 per month.

  2. Erie: $2,177 per year, or about $181 per month.

  3. Nationwide: $2,577 per year, or about $215 per month.

  4. Donegal: $2,718 per year, or about $226 per month.

  5. State Farm: $2,734 per year, or about $228 per month.

Cheapest auto insurance in Maryland for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. Geico: $1,606 per year, or about $134 per month.

  2. Erie: $1,673 per year, or about $139 per month.

  3. Encompass: $1,919 per year, or about $160 per month.

  4. Progressive: $2,507 per year, or about $209 per month.

  5. Nationwide: $3,220 per year, or about $268 per month.

Cheapest for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Maryland for 40-year-olds

Drivers in Maryland with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. Geico: $1,382 per year, or about $115 per month.

  2. Nationwide: $1,410 per year, or about $118 per month.

  3. Erie: $1,539 per year, or about $128 per month.

  4. Penn National: $1,569 per year, or about $131 per month.

  5. State Farm: $1,836 per year, or about $153 per month.

Cheapest minimum coverage car insurance in Maryland for 40-year-olds

Drivers in Maryland who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. Geico: $559 per year, or about $47 per month.

  2. Erie: $631 per year, or about $53 per month.

  3. Donegal: $743 per year, or about $62 per month.

  4. Nationwide: $801 per year, or about $67 per month.

  5. State Farm: $871 per year, or about $73 per month.

Cheapest auto insurance in Maryland for 40-year-olds with poor credit

Drivers with poor credit in Maryland can check out the following insurers with the lowest average rates for full coverage:

  1. Nationwide: $1,906 per year, or about $159 per month.

  2. Geico: $2,169 per year, or about $181 per month.

  3. Progressive: $2,768 per year, or about $231 per month.

  4. Encompass: $2,952 per year, or about $246 per month.

  5. Penn National: $3,055 per year, or about $255 per month.

Cheapest auto insurance in Maryland for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Maryland, here are the companies with the lowest average rates for full coverage:

  1. Geico: $1,954 per year, or about $163 per month.

  2. Erie: $2,045 per year, or about $170 per month.

  3. Nationwide: $2,535 per year, or about $211 per month.

  4. State Farm: $2,677 per year, or about $223 per month.

  5. Progressive: $2,702 per year, or about $225 per month.

Cheapest auto insurance in Maryland for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. Geico: $1,514 per year, or about $126 per month.

  2. Erie: $1,569 per year, or about $131 per month.

  3. Encompass: $1,919 per year, or about $160 per month.

  4. Progressive: $2,332 per year, or about $194 per month.

  5. Nationwide: $3,178 per year, or about $265 per month.

Cheapest for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Cheapest full coverage car insurance in Maryland for 50-year-olds

Drivers in Maryland with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. Geico: $1,264 per year, or about $105 per month.

  2. Nationwide: $1,322 per year, or about $110 per month.

  3. Penn National: $1,431 per year, or about $119 per month.

  4. Erie: $1,493 per year, or about $124 per month.

  5. Progressive: $1,683 per year, or about $140 per month.

Cheapest minimum coverage car insurance in Maryland for 50-year-olds

Drivers in Maryland who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. Geico: $514 per year, or about $43 per month.

  2. Erie: $613 per year, or about $51 per month.

  3. Donegal: $650 per year, or about $54 per month.

  4. Nationwide: $761 per year, or about $63 per month.

  5. State Farm: $862 per year, or about $72 per month.

Cheapest auto insurance in Maryland for 50-year-olds with poor credit

Drivers with poor credit in Maryland can check with the following companies, which showed the lowest average rates for full coverage:

  1. Nationwide: $1,781 per year, or about $148 per month.

  2. Geico: $1,986 per year, or about $166 per month.

  3. Progressive: $2,517 per year, or about $210 per month.

  4. Encompass: $2,727 per year, or about $227 per month.

  5. Penn National: $2,775 per year, or about $231 per month.

Cheapest auto insurance in Maryland for 50-year-old drivers with one at-fault crash

For drivers living in Maryland with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. Geico: $1,813 per year, or about $151 per month.

  2. Erie: $1,984 per year, or about $165 per month.

  3. Nationwide: $2,405 per year, or about $200 per month.

  4. Donegal: $2,458 per year, or about $205 per month.

  5. Progressive: $2,571 per year, or about $214 per month.

Cheapest auto insurance in Maryland for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. Geico: $1,384 per year, or about $115 per month.

  2. Erie: $1,521 per year, or about $127 per month.

  3. Encompass: $1,779 per year, or about $148 per month.

  4. Progressive: $2,198 per year, or about $183 per month.

  5. Nationwide: $3,048 per year, or about $254 per month.

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Cheapest for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Maryland for 60-year-olds

Drivers in Maryland with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Nationwide: $1,220 per year, or about $102 per month.

  2. Geico: $1,325 per year, or about $110 per month.

  3. Penn National: $1,433 per year, or about $119 per month.

  4. Erie: $1,539 per year, or about $128 per month.

  5. Progressive: $1,612 per year, or about $134 per month.

Cheapest minimum coverage car insurance in Maryland for 60-year-olds

Drivers in Maryland who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. Geico: $550 per year, or about $46 per month.

  2. Erie: $631 per year, or about $53 per month.

  3. Donegal: $650 per year, or about $54 per month.

  4. Nationwide: $703 per year, or about $59 per month.

  5. MetLife: $819 per year, or about $68 per month.

Cheapest auto insurance in Maryland for 60-year-olds with poor credit

Drivers with poor credit in Maryland can look at the following companies with the lowest average rates for full coverage:

  1. Nationwide: $1,636 per year, or about $136 per month.

  2. Geico: $2,075 per year, or about $173 per month.

  3. Progressive: $2,405 per year, or about $200 per month.

  4. Encompass: $2,614 per year, or about $218 per month.

  5. Penn National: $2,779 per year, or about $232 per month.

Cheapest auto insurance in Maryland for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Maryland, here are the companies with the lowest average rates for full coverage:

  1. Geico: $1,897 per year, or about $158 per month.

  2. Erie: $2,064 per year, or about $172 per month.

  3. Nationwide: $2,258 per year, or about $188 per month.

  4. Donegal: $2,458 per year, or about $205 per month.

  5. Progressive: $2,492 per year, or about $208 per month.

Cheapest auto insurance in Maryland for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. Geico: $1,450 per year, or about $121 per month.

  2. Erie: $1,568 per year, or about $131 per month.

  3. Encompass: $1,707 per year, or about $142 per month.

  4. Progressive: $2,127 per year, or about $177 per month.

  5. Nationwide: $2,902 per year, or about $242 per month.

Cheapest car insurance for military families

If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest five auto insurance options for 43 of the 48 driver profiles we examined.

Minimum auto insurance limits required in Maryland

Maryland car insurance policies must include liability insurance. This pays for other people’s injuries or property damage, up to your chosen limit, when you cause an accident.

The minimum auto insurance coverage levels you must purchase in Maryland are:

  • $30,000 bodily injury liability per person.

  • $60,000 bodily injury liability per accident.

  • $15,000 property damage liability per accident.

  • $30,000 uninsured/underinsured motorist coverage per person.

  • $60,000 uninsured/underinsured motorist coverage per accident.

  • $15,000 uninsured/underinsured property damage coverage per accident.

Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.

Uninsured motorist coverage will cover expenses from injuries or damage after an accident with a driver who doesn’t have car insurance. Underinsured motorist coverage will cover the same expenses if you’re hit by a driver with some car insurance, but not enough to cover all costs from the crash.

It’s often smart to buy more than the legal minimum to ensure you don’t have to pay out of pocket in case of a severe crash. You may also want to consider optional coverages such as collision and comprehensive insurance.

Check out NerdWallet’s guide to state car insurance requirements for more detail on the various parts of a Maryland auto policy.

Alternative car insurance in Maryland

Drivers who have been denied coverage by at least two car insurance companies could qualify for a policy through the Maryland Auto Insurance Fund. The organization was created to help drivers who can’t get standard insurance because of a checkered accident history, poor credit rating or other factors.

For more help finding Maryland car insurance at the most competitive price, try NerdWallet’s car insurance comparison tool.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following coverage limits:

  • $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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2019 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 60 years old in ten-year increments.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different.

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