The Cheapest Car Insurance in Maryland for June 2024
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
Table of Contents
Auto insurance is an important purchase, but finding cheap car insurance in Maryland isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.
The cheapest car insurance company in Maryland is Geico at $883 per year on average, or $74 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Maryland. Meanwhile, the average cost of full coverage car insurance in Maryland is $1,896 per year, or about $158 per month.
Did your rates go up? Auto insurance prices are on the rise in Maryland. Be sure to get car insurance quotes from three or more companies to find the lowest rate possible.
Minimum coverage in Maryland is $823 per year on average, but we found you can likely get a cheaper policy. For example, Geico offers the cheapest rates in Maryland at $355 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.NerdWallet also analyzed car insurance rates to find the cheapest options in Baltimore.
How we chose the cheapest companies in Maryland
NerdWallet’s editorial team analyzed car insurance rates from 15 auto insurers in Maryland and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2021 Toyota Camry LE. 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:
- Travelers: $2,521 per year, or about $210 per month.
- Geico: $2,744 per year, or about $229 per month.
- Erie: $3,365 per year, or about $280 per month.
- Progressive: $3,721 per year, or about $310 per month.
- Cumberland Mutual: $4,059 per year, or about $338 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:
- Travelers: $954 per year, or about $80 per month.
- Geico: $1,026 per year, or about $86 per month.
- Erie: $1,326 per year, or about $111 per month.
- Cumberland Mutual: $1,333 per year, or about $111 per month.
- Progressive: $1,686 per year, or about $141 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:
- Geico: $1,325 per year, or about $110 per month.
- Travelers: $1,604 per year, or about $134 per month.
- Maryland Auto Insurance: $2,202 per year, or about $184 per month.
- Cumberland Mutual: $2,276 per year, or about $190 per month.
- Progressive: $2,277 per year, or about $190 per month.
Cheapest auto insurance in Maryland for 20-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Maryland, here are the companies with the lowest average rates for minimum coverage:
- Geico: $1,136 per year, or about $95 per month.
- Travelers: $1,176 per year, or about $98 per month.
- Cumberland Mutual: $1,433 per year, or about $119 per month.
- Erie: $1,480 per year, or about $123 per month.
- Progressive: $1,836 per year, or about $153 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:
- Travelers: $1,243 per year, or about $104 per month.
- Geico: $1,298 per year, or about $108 per month.
- Cumberland Mutual: $1,567 per year, or about $131 per month.
- Erie: $1,856 per year, or about $155 per month.
- Progressive: $1,921 per year, or about $160 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.
- Geico: $1,258 per year, or about $105 per month.
- Travelers: $1,391 per year, or about $116 per month.
- Erie: $1,480 per year, or about $123 per month.
- Cumberland Mutual: $1,850 per year, or about $154 per month.
- Progressive: $1,874 per year, or about $156 per month.
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 who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
- Geico: $900 per year, or about $75 per month.
- Travelers: $1,529 per year, or about $127 per month.
- Kemper: $1,691 per year, or about $141 per month.
- Erie: $1,851 per year, or about $154 per month.
- Cumberland Mutual: $1,855 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:
- Geico: $361 per year, or about $30 per month.
- Cumberland Mutual: $584 per year, or about $49 per month.
- Travelers: $632 per year, or about $53 per month.
- Allstate: $684 per year, or about $57 per month.
- Erie: $813 per year, or about $68 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:
- Geico: $1,160 per year, or about $97 per month.
- Kemper: $2,239 per year, or about $187 per month.
- Progressive: $2,588 per year, or about $216 per month.
- Travelers: $2,773 per year, or about $231 per month.
- Cumberland Mutual: $3,122 per year, or about $260 per month.
Cheapest auto insurance in Maryland for 30-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Maryland, here are the companies with the lowest average rates for minimum coverage:
- Geico: $420 per year, or about $35 per month.
- Cumberland Mutual: $627 per year, or about $52 per month.
- Travelers: $754 per year, or about $63 per month.
- Erie: $861 per year, or about $72 per month.
- Allstate: $1,052 per year, or about $88 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:
- Geico: $1,524 per year, or about $127 per month.
- Travelers: $2,040 per year, or about $170 per month.
- Cumberland Mutual: $2,152 per year, or about $179 per month.
- Erie: $2,698 per year, or about $225 per month.
- Progressive: $2,786 per year, or about $232 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.
- Geico: $1,102 per year, or about $92 per month.
- Erie: $1,968 per year, or about $164 per month.
- Encompass: $2,110 per year, or about $176 per month.
- Travelers: $2,226 per year, or about $186 per month.
- Cumberland Mutual: $2,540 per year, or about $212 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:
- Geico: $868 per year, or about $72 per month.
- Travelers: $1,377 per year, or about $115 per month.
- Cumberland Mutual: $1,578 per year, or about $132 per month.
- Erie: $1,604 per year, or about $134 per month.
- Kemper: $1,638 per year, or about $136 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:
- Geico: $349 per year, or about $29 per month.
- Cumberland Mutual: $483 per year, or about $40 per month.
- Travelers: $595 per year, or about $50 per month.
- Allstate: $684 per year, or about $57 per month.
- Erie: $710 per year, or about $59 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:
- Geico: $1,119 per year, or about $93 per month.
- Kemper: $2,169 per year, or about $181 per month.
- Progressive: $2,386 per year, or about $199 per month.
- Travelers: $2,478 per year, or about $207 per month.
- Cumberland Mutual: $2,642 per year, or about $220 per month.
Cheapest auto insurance in Maryland for 40-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Maryland, here are the companies with the lowest average rates for minimum coverage:
- Geico: $406 per year, or about $34 per month.
- Cumberland Mutual: $519 per year, or about $43 per month.
- Travelers: $747 per year, or about $62 per month.
- Erie: $753 per year, or about $63 per month.
- Progressive: $1,012 per year, or about $84 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:
- Geico: $1,457 per year, or about $121 per month.
- Cumberland Mutual: $1,830 per year, or about $153 per month.
- Travelers: $1,951 per year, or about $163 per month.
- Erie: $2,325 per year, or about $194 per month.
- Progressive: $2,548 per year, or about $212 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.
- Geico: $1,063 per year, or about $89 per month.
- Erie: $1,705 per year, or about $142 per month.
- Encompass: $2,110 per year, or about $176 per month.
- Travelers: $2,130 per year, or about $177 per month.
- Cumberland Mutual: $2,153 per year, or about $179 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:
- Geico: $671 per year, or about $56 per month.
- Travelers: $1,350 per year, or about $113 per month.
- Cumberland Mutual: $1,437 per year, or about $120 per month.
- Erie: $1,518 per year, or about $127 per month.
- Progressive: $1,537 per year, or about $128 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:
- Geico: $272 per year, or about $23 per month.
- Cumberland Mutual: $438 per year, or about $37 per month.
- Travelers: $595 per year, or about $50 per month.
- Allstate: $645 per year, or about $54 per month.
- Erie: $670 per year, or about $56 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:
- Geico: $866 per year, or about $72 per month.
- Kemper: $2,099 per year, or about $175 per month.
- Progressive: $2,167 per year, or about $181 per month.
- Cumberland Mutual: $2,379 per year, or about $198 per month.
- Travelers: $2,438 per year, or about $203 per month.
Cheapest auto insurance in Maryland for 50-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Maryland, here are the companies with the lowest average rates for minimum coverage:
- Geico: $317 per year, or about $26 per month.
- Cumberland Mutual: $471 per year, or about $39 per month.
- Erie: $710 per year, or about $59 per month.
- Travelers: $747 per year, or about $62 per month.
- Progressive: $990 per year, or about $82 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:
- Geico: $1,245 per year, or about $104 per month.
- Cumberland Mutual: $1,662 per year, or about $139 per month.
- Travelers: $1,913 per year, or about $159 per month.
- Erie: $2,200 per year, or about $183 per month.
- Progressive: $2,408 per year, or about $201 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.
- Geico: $823 per year, or about $69 per month.
- Erie: $1,613 per year, or about $134 per month.
- Cumberland Mutual: $1,946 per year, or about $162 per month.
- Encompass: $1,954 per year, or about $163 per month.
- Travelers: $2,089 per year, or about $174 per month.
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:
- Geico: $690 per year, or about $58 per month.
- Travelers: $1,245 per year, or about $104 per month.
- Cumberland Mutual: $1,386 per year, or about $116 per month.
- Erie: $1,482 per year, or about $123 per month.
- Progressive: $1,490 per year, or about $124 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:
- Geico: $286 per year, or about $24 per month.
- Cumberland Mutual: $421 per year, or about $35 per month.
- Travelers: $574 per year, or about $48 per month.
- Allstate: $645 per year, or about $54 per month.
- Erie: $653 per year, or about $54 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:
- Geico: $889 per year, or about $74 per month.
- Kemper: $2,037 per year, or about $170 per month.
- Progressive: $2,129 per year, or about $177 per month.
- Travelers: $2,232 per year, or about $186 per month.
- Cumberland Mutual: $2,290 per year, or about $191 per month.
Cheapest auto insurance in Maryland for 60-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Maryland, here are the companies with the lowest average rates for minimum coverage:
- Geico: $331 per year, or about $28 per month.
- Cumberland Mutual: $452 per year, or about $38 per month.
- Erie: $691 per year, or about $58 per month.
- Travelers: $745 per year, or about $62 per month.
- Progressive: $982 per year, or about $82 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:
- Geico: $1,276 per year, or about $106 per month.
- Cumberland Mutual: $1,602 per year, or about $134 per month.
- Travelers: $1,847 per year, or about $154 per month.
- Erie: $2,155 per year, or about $180 per month.
- Progressive: $2,349 per year, or about $196 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.
- Geico: $845 per year, or about $70 per month.
- Erie: $1,575 per year, or about $131 per month.
- Cumberland Mutual: $1,875 per year, or about $156 per month.
- Encompass: $1,877 per year, or about $156 per month.
- Travelers: $2,020 per year, or about $168 per month.
Cheapest for 70-year-old drivers
Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.
Cheapest full coverage car insurance in Maryland for 70-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:
- Geico: $761 per year, or about $63 per month.
- Cumberland Mutual: $1,504 per year, or about $125 per month.
- Travelers: $1,538 per year, or about $128 per month.
- Erie: $1,662 per year, or about $139 per month.
- Progressive: $1,689 per year, or about $141 per month.
Cheapest minimum coverage car insurance in Maryland for 70-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:
- Geico: $318 per year, or about $27 per month.
- Cumberland Mutual: $459 per year, or about $38 per month.
- Donegal: $631 per year, or about $53 per month.
- Travelers: $719 per year, or about $60 per month.
- Erie: $728 per year, or about $61 per month.
Cheapest auto insurance in Maryland for 70-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:
- Geico: $969 per year, or about $81 per month.
- Progressive: $2,432 per year, or about $203 per month.
- Cumberland Mutual: $2,506 per year, or about $209 per month.
- Kemper: $2,828 per year, or about $236 per month.
- Encompass: $2,832 per year, or about $236 per month.
Cheapest auto insurance in Maryland for 70-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in Maryland, here are the companies with the lowest average rates for minimum coverage:
- Geico: $369 per year, or about $31 per month.
- Cumberland Mutual: $493 per year, or about $41 per month.
- Erie: $770 per year, or about $64 per month.
- Donegal: $945 per year, or about $79 per month.
- Travelers: $990 per year, or about $82 per month.
Cheapest auto insurance in Maryland for 70-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:
- Geico: $1,368 per year, or about $114 per month.
- Cumberland Mutual: $1,743 per year, or about $145 per month.
- Travelers: $2,381 per year, or about $198 per month.
- Erie: $2,424 per year, or about $202 per month.
- Encompass: $2,760 per year, or about $230 per month.
Cheapest auto insurance in Maryland for 70-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.
- Geico: $921 per year, or about $77 per month.
- Erie: $1,767 per year, or about $147 per month.
- Encompass: $1,846 per year, or about $154 per month.
- Cumberland Mutual: $2,042 per year, or about $170 per month.
- Progressive: $2,593 per year, or about $216 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 51 of the 70 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.
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 2021 Toyota Camry LE for all drivers and assumed 12,000 annual miles driven.
We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.
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. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.
On a similar note...
