Fact CheckedNerdy takeaways
Chubb is the top-rated insurer in Maryland, offering the best coverage for high-value homes.
NJM offers the best coverage for most homes.
Amica is our pick for the best consumer experience.
State Farm offers the best value, with premiums below the state average.
USAA is our top choice for military families.
When choosing an insurer for your home, consider factors such as price, coverage and customer service. To help you find the best home insurance in Maryland, we gathered and analyzed data from insurance companies across the state.
Note: Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state. Even if an insurer serves your state, it may not write policies for all homes in all areas.
The best home insurance companies in Maryland
best coverage for high-value homes
Chubb
- Far fewer consumer complaints than expected for a company of its size.
- Standard coverage includes features that many companies offer only as extras.
- Perks to help you protect your home.
- Most consumers can't get a quote online and will instead need to contact a local agent.
Why it’s worth a look: Chubb’s policies are designed for affluent homeowners. They include generous coverage for your home and belongings, with high limits available. Included in your policy is HomeScan, which uses infrared technology to look for leaks and other problems behind your walls.
Standout feature: If you decide not to rebuild your home after it’s destroyed, Chubb offers a cash settlement option.
Average rates: Not available.
» READ MORE: Chubb homeowners insurance review
best coverage for most homes
NJM
- Includes coverage other companies charge extra for.
- Very low rate of consumer complaints.
- Many extra coverage options available.
- No app to manage your policy.
Why it’s worth a look: NJM’s policies come with generous coverage for the structure of your home. The company will pay the full cost to rebuild your house, even if it’s more than your dwelling limit. (Not all companies offer this coverage.)
Standout feature: A standard NJM policy will cover damage if water backs up into your home from a sewer or drain. Most insurers charge extra for this type of coverage.
Average rates: Not available.
» READ MORE: NJM homeowners insurance review
best consumer experience
Amica
- High customer satisfaction ratings and low consumer complaints.
- Platinum Choice package offers extra coverage.
- Dividend policies can return a portion of your premiums.
- You can start a quote online but may have to finish the buying process by phone.
Why it’s worth a look: Amica shines when it comes to customer service. It regularly earns high marks in J.D. Power surveys about home insurance and customer satisfaction. Amica also draws a very low rate of complaints to state regulators.
Standout feature: Amica’s Contractor Connection service can help you find professionals to work on home improvements or repairs.
Average rates: Not available.
» READ MORE: Amica homeowners insurance review
best value
State Farm
- User-friendly website.
- Agents offer personalized service.
- Policies generally include extra coverage for your home’s structure.
- Below average for claim satisfaction in a recent J.D. Power study.
Why it’s worth a look: Of our top-rated companies in Maryland, State Farm had some of the most affordable rates. Beyond its low prices, State Farm offers a variety of discounts to help you save even further. For example, the company says you may be able to save more than $1,000 a year by bundling home and auto insurance.
Standout feature: Unlike many other home insurers, State Farm won’t ask what breed of dog you own when deciding whether to offer you a policy. Because homeowners policies cover liability claims related to dog bites, some companies won’t insure homes with breeds they consider dangerous. State Farm will insure any breed.
Average rates: Below are the average annual rates for a range of dwelling coverage limits.
Dwelling coverage amount | Average annual rate |
|---|---|
$300,000 | $1,840 |
$400,000 | $2,155 |
$500,000 | $2,445 |
$600,000 | $2,715 |
$700,000 | $2,970 |
» READ MORE: State Farm homeowners insurance review
BEST FOR MILITARY FAMILIES
USAA
- Policies include standard coverage that often costs extra elsewhere.
- Fewer customer complaints to state regulators than expected for a company of its size.
- Perks for military homeowners.
- Available only to active military members, veterans, some federal employees and their families.
Why it’s worth a look: USAA sells homeowners insurance to active military, veterans, some federal workers and their families. The company offers perks for those in active service, such as deductible-free coverage for military uniforms and equipment.
Standout feature: USAA’s Home Protector option adds a package of extra coverage. For example, it covers debris removal and bringing your home up to current building codes.
Average rates: Below are the average annual rates for a range of dwelling coverage limits.
Dwelling coverage amount | Average annual rate |
|---|---|
$300,000 | $1,460 |
$400,000 | $1,740 |
$500,000 | $2,015 |
$600,000 | $2,270 |
$700,000 | $2,520 |
*USAA homeowners policies are available only to active military, veterans, some federal workers and their families. | |
» READ MORE: USAA homeowners insurance review
Other top home insurance companies in Maryland
These home insurance providers are also worth a look.
Company | NerdWallet star rating | Average annual rate |
|---|---|---|
Not available | ||
$4,770 | ||
$2,100 |
How much does homeowners insurance cost in Maryland?
The average cost of homeowners insurance in Maryland is $2,845 per year, or about $237 per month. That's 5% less expensive than the national average of $3,005 per year for the same amount of coverage.
These rates are based on a sample home insurance policy with $500,000 in dwelling coverage, $300,000 in liability coverage, a $1,000 deductible and no recent claims.
Did you know...
The dwelling coverage limit on your policy should be the amount it would take to rebuild your home, based on the cost of labor and construction in your area. It won't necessarily be the price you paid for the house or how much you could sell it for now. Use our calculator to estimate your home's rebuilding cost.
The median rebuilding cost for Maryland homes is $505,833, according to data from First Street, a climate risk modeling firm.
Below are the average rates for policies with various dwelling coverage limits.
Dwelling coverage amount | Average annual rate |
|---|---|
$300,000 | $1,890 |
$400,000 | $2,375 |
$500,000 | $2,845 |
$600,000 | $3,330 |
$700,000 | $3,835 |
The rates above are for homeowners with no recent claims on their record. In Maryland, policyholders with one recent claim pay an average of $3,265 per year — an increase of 15%.
Average cost of homeowners insurance in Maryland by city
The amount you pay will depend on where you live in the state. For example, the average cost of homeowners insurance in Baltimore is $3,630 per year, while Frederick homeowners pay $2,415 per year, on average.
City | Average annual rate | Average monthly rate |
|---|---|---|
Aberdeen | $3,005 | $250 |
Annapolis | $2,980 | $248 |
Baltimore | $3,630 | $303 |
Bel Air | $2,960 | $247 |
Bladensburg | $3,395 | $283 |
Bowie | $3,255 | $271 |
Brunswick | $2,430 | $203 |
Cambridge | $3,105 | $259 |
College Park | $3,265 | $272 |
Cumberland | $2,625 | $219 |
Easton | $2,895 | $241 |
Elkton | $2,660 | $222 |
Frederick | $2,415 | $201 |
Gaithersburg | $2,515 | $210 |
Greenbelt | $3,275 | $273 |
Hagerstown | $2,440 | $203 |
Havre de Grace | $3,000 | $250 |
Hyattsville | $3,255 | $271 |
La Plata | $2,945 | $245 |
Laurel | $2,975 | $248 |
Mount Airy | $2,430 | $203 |
Rockville | $2,515 | $210 |
Salisbury | $3,140 | $262 |
Takoma Park | $2,710 | $226 |
Westminster | $2,465 | $205 |
The cheapest home insurance in Maryland
Here are the insurers we found with the cheapest rates for a variety of dwelling coverage limits.
Company
NerdWallet star rating
Average annual rate
$1,365
Donegal
Not rated
$1,655
$1,840
$1,840
$1,460
*USAA homeowners policies are available only to active military, veterans, some federal workers and their families.
Company
NerdWallet star rating
Average annual rate
$1,595
Donegal
Not rated
$1,990
$2,155
$2,260
$1,740
*USAA homeowners policies are available only to active military, veterans, some federal workers and their families.
Company
NerdWallet star rating
Average annual rate
$2,100
Donegal
Not rated
$2,325
$2,445
$2,635
$2,015
*USAA homeowners policies are available only to active military, veterans, some federal workers and their families.
Company
NerdWallet star rating
Average annual rate
$2,440
Donegal
Not rated
$2,655
$2,715
$2,965
$2,270
*USAA homeowners policies are available only to active military, veterans, some federal workers and their families.
Company
NerdWallet star rating
Average annual rate
$2,880
$2,970
Donegal
Not rated
$3,010
$3,290
$2,520
*USAA homeowners policies are available only to active military, veterans, some federal workers and their families.
Common discounts
Make sure to ask your home insurance company about any discounts you may be eligible for. Here are some of the most common:
Many insurers offer savings if you buy more than one policy, such as home and car insurance. See our picks for the best home and auto insurance bundles.
Got a burglar alarm, smoke detectors or a smart device that alerts you if you have a leak? Safety and security features like these could earn you a discount.
Sign up for paperless billing or set your premiums to autopay, and you could get a discount.
Many insurance companies give discounts to customers who’ve gone a certain number of years without filing a home insurance claim.
Some insurers offer discounts to new policyholders or reward those who’ve stuck around for a while.
Teachers, doctors, members of the military and others may be eligible for discounts from certain insurers.
Learn more about common home insurance discounts.
Common Maryland home insurance problems
Flooding. Flooding is the most common natural disaster in Maryland. Unfortunately, home insurance usually doesn't cover flood damage. If you live in an at-risk area, you may need to buy separate flood insurance. You can get flood coverage anytime, but there’s often a 30-day waiting period before it takes effect.
To check your flood risk, start with the federal government’s flood maps. However, these maps don’t always capture all types of flood risk. You may want to check another source such as First Street, a company that models climate hazards. Enter your address at the top of the page to see your home’s flood risk rating.
Hurricanes and tropical storms. If you live near the Maryland coast, make sure you have enough coverage for wind and flood damage from hurricanes. As we noted above, home insurance usually covers wind damage but not flooding.
Depending on where you live, you may have a separate wind deductible. This is often a percentage of your dwelling coverage. For example, your policy may have a $1,000 deductible for most claims and a 1% deductible for wind claims. So if your house has $400,000 worth of dwelling coverage, you’d have to pay for the first $4,000 of wind damage yourself.
» MORE: Hurricane insurance guide
Winter weather. Home insurance will cover most winter storm damage, but some scenarios may need extra coverage. For instance, if you have damage from water seepage caused by snowmelt, you’ll likely need a separate flood insurance policy to cover it.
Wildfires. Maryland sees about 200 wildfires a year, though they’re usually well controlled. Should one reach your house, your homeowners policy will generally cover the damage. However, you’ll want to make sure you have enough dwelling coverage. Talk with your insurer or agent to make sure you have enough coverage to rebuild if necessary.
Common optional coverage
A standard homeowners policy can sometimes fall short, so it's worth looking for ways to make it more comprehensive. For example, we recommend asking if your insurer offers extended or guaranteed replacement cost coverage for your home. These add-ons give you extra dwelling coverage in case it costs more than you expect to rebuild your home after a disaster. Having this coverage can be a useful hedge against inflation.
Here are a few additional types of coverage you may want to buy.
Floods are the most common weather disaster in the U.S. and can happen anywhere, not just coastal areas. You can buy flood insurance through the federal government or from private companies. Learn whether you need flood insurance.
Homeowners policies generally won’t cover damage if a drain backs up into your home or your sump pump fails. Adding water backup coverage can help with these issues.
Homeowners policies may cover your stuff on an actual cash value or replacement cost basis. With actual cash value, the policy will pay less for older items that have lost value over time. To get enough of a claim payout to buy brand-new items, opt for replacement cost coverage.
If you have expensive jewelry, fine art or other valuables, you may need extra insurance for them. Learn more about scheduled personal property coverage.
Service line coverage pays to fix damaged water, gas, sewer or other underground lines on your property.
If your HVAC system or another major appliance fails, equipment breakdown coverage can help pay for repairs.
Maryland Joint Insurance Association
Maryland’s Joint Insurance Association (JIA) is the state’s insurer of last resort, otherwise known as a FAIR Plan. It offers policies to Maryland residents who have been denied coverage by private insurers. You can apply for coverage directly or through an agent.
For homeowners, dwelling coverage is available up to $445,000 and personal property coverage up to $228,000.
Many FAIR Plans restrict the types of buildings or dwellings that can be covered. In Maryland, the FAIR Plan doesn’t cover seasonal homes, active farms or vacant buildings.
Get home insurance quotes in minutes
Answer a few questions to see custom quotes and find the right policy for you.Maryland Insurance Administration
The Maryland Insurance Administration oversees the state’s insurance industry. Its website provides resources about insurance rates and claims. You can also file a complaint against your insurance company on the agency's website. If you have questions or need help, call 800-492-6116.
How we review home insurance
Our editorial team considers these factors when rating homeowners insurance companies:
This part of our star rating is based largely on consumer complaints to state regulators, as reported by the National Association of Insurance Commissioners. When available, we also include each company’s performance in the most recent J.D. Power Home Insurance Study. Other factors in our consumer experience score include customer-friendly features such as online claims filing and quotes.
We use AM Best and Demotech ratings to confirm each insurer’s long-term financial stability and ability to pay claims.
Companies score higher if they offer many common endorsements and include more comprehensive coverage in their standard plans. In particular, we look at features such as extended coverage for the structure of your home and replacement cost coverage for personal belongings.
We evaluate how many of the most common home insurance discounts each company offers.
See our complete homeowners insurance rating methodology.
Frequently asked questions
Home insurance isn't legally required in Maryland. However, if you have a mortgage, your lender may require you to buy it. For more information, read Is Homeowners Insurance Required?
Most homeowners insurance policies don't cover damage caused by flooding. You'll need to buy separate flood insurance if you want coverage.
There are several ways to save money on homeowners insurance in Maryland:
Shop around to make sure you’re getting the best rate.
Choose a higher deductible. You’ll pay more out of pocket if you file a claim, but your premiums will be lower.
Bundle your home and auto insurance for a lower overall rate. See the best home and auto insurance bundles.
Ask your insurer if you qualify for any home insurance discounts.
NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines.
- 1.Maryland Resiliency Partnership. Maryland Flood Awareness Month. Accessed Mar 12, 2026.
- 2.Maryland Department of Natural Resources Forest Service. Wildfires in Maryland. Accessed Mar 12, 2026.
Star rating methodology
NerdWallet’s homeowners insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints, coverage, discounts, claims process and website functionality. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews or star ratings.
Here’s how we weighted each category to come up with our list of the best home insurance companies:
Consumer experience (40%).
Financial strength (30%).
Coverage (25%).
Discounts (5%).
Read our full home insurance ratings methodology for more details.
Homeowners insurance rates methodology
NerdWallet calculated median rates for 40-year-old homeowners from various insurance companies in ZIP codes across all 50 states and Washington, D.C. All rates are rounded to the nearest $5.
Sample homeowners were nonsmokers with good credit living in a single-family, two-story home built in 1984. They had a $1,000 deductible and the following coverage limits:
$500,000 in dwelling coverage.
$50,000 in other structures coverage.
$250,000 in personal property coverage.
$100,000 in loss of use coverage.
$300,000 in liability coverage.
$1,000 in medical payments coverage.
We made minor changes to the sample policy in cases where rates for the above coverage limits or deductibles weren’t available.
In states where credit is a rating factor, we changed the credit tier from “good” to “poor,” as reported to the insurer, to see rates for homeowners with poor credit.
In select states, we added a single wind damage claim to see rates for homeowners with a claim on their record.
These are sample rates generated through Quadrant Information Services. Your own rates will be different.
Complaint methodology
NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2022-2024. To assess how insurers compare with one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period.
NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.
Rebuilding cost methodology
The median home rebuilding cost referenced above is based on 2025 replacement cost data from First Street, a climate risk modeling firm. Actual replacement costs may vary based on factors like location, square footage, construction materials, the age of your home and local labor costs.
