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State Of Maryland Car Insurance Requirements, Cost Saving Ideas, & How to Find the Lowest Rate in the City You Live in

The state of Maryland has recently raised the minimum requirements to drive legal. The current minimum is 30,000/60,000/15,000. Please see table below.

Minimum Car Insurance Requirements in Maryland

CoverageMaryland Minimum Liability CoverageRecommended Auto Insurance Coverage
Bodily Injury Protection$30,000 / $60,000$100,000 / $300,000
Property Damage$15,000$50,000
Personal Injury Protection$2,000*$5,000
Uninsured Motorist Coverage BIL**$30,000 / $60,000$50,000 / $100,000
Uninsured Motorist Coverage PD***$15,000$25,000
Comprehensive CoverageOptional$500 deductible
Collision CoverageOptional$500 deductible

*Note: Maryland allows you to waive Personal Injury Protection and choose a limited PIP option.

**Bodily Injury Coverage

***Property Damage Coverage

Bodily Injury Protection & Property Damage

The first two numbers are for bodily injury liability and the last number is for property damage liability.

In simple terms the state requirements for liability insurance the insurer will pay $30,000 to the injured driver in the other vehicle and up to $60,000 dollars to the injured passengers in the other vehicle.

The insurer will pay a maximum of $15,000 dollars to any property that may have been damage in the accident to the other vehicle.

Lowest insurance providers in Maryland for 25 year old driver

Note: The average rate for a 25 year old driver in Maryland is $2,500 per year. As illustrated, there are insurance providers with much lower rates. GEICO, USAA, and Progressive being the top three picks. Please see table below.

Cheapest Auto Insurance Companies in Maryland

Inexpensive auto insurance firms for 45 year old driver

Note: For a 45 year old driver our top insurance provided quotes less that $1,500 per year. This is more than 12% the average rate of $1,875.

Table of Companies

RankMaryland Auto Insurance CompanyAverage Annual Rate for 25 Y/O DriverAverage Annual Rate for 45 Y/O DriverAverage Annual Rate for 55 Y/O Driver
1GEICO$1,836$1,355$844
2USAA$1,845$1,359$889
3Progressive$1,878$1,408$900
4Nationwide$1,899$1,421$910
5Cumberland Insurance$1,909$1,444$922
621st Century$1,923$1,463$956
7IFA Auto Insurance$1,929$1,477$971
8Peninsula Insurance$1,966$1,482$988
9Allstate$2,004$1,488$993
10Elephant Auto Insurance$2,004$1,492$1,004
11State Farm$2,021$1,512$1,010
12Encompass$2,023$1,544$1,021
13Farmers$2,132$1,555$1,039
14Safeco$2,156$1,561$1,076
15Liberty Mutual$2,166$1,573$1,088
16Amica$2,256$1,589$1,094
17MetLife $2,411$1,754$1,103
18AIG$2,455$1,759$1,142
19Ameriprise$2,487$1,760$1,156
20Bankers Insurance$2,499$1,783$1,178
21Erie Insurance$2,500$1,791$1,241
22Penn National Insurance Company$2,500$1,805$1,244
23Fireman's Fund$2,506$1,823$1,248
24Travelers$2,566$1,878$1,244
25National General$2,598$1,903$1,249
26Main Street America Insurance$2,612$1,909$1,250
27Esurance$2,633$1,943$1,261
28Horace Mann$2,711$1,958$1,269
29Foremost$2,717$1,979$1,270
30Kemper$2,788$1,992$1,271
31Paramount Insurance Company$3,008$2,028$1,289
32Maryland Automobile Insurance Fund$3,022$2,029$1,290
33Agency Insurance Company$3,043$2,038$1,299
34Brethren Mutual Insurance Company$3,132$2,047$1,305
35Victoria Insurance$3,133$2,054$1,388
36State Auto$3,146$2,257$1,408
37Dairyland$3,276$2,365$1,444
38Hanover$3,316$2,487$1,509

Cheapest rates for 55 year old driver in Maryland

Note: A 55 year old driver in Maryland should be able to get an insurance premium under $1,000 per year. This is more than 15% below the average rate of $1,210.

No-Fault Rules & Personal Injury Protection in Maryland

Maryland has implement “no-fault” rules to help keep the price of insurance charges low as well as lowering the quantity of court actions which are being filed annually by drivers.

mid range auto insurance firms for 25 year old driver

Note: As illustrated, this is the median list of insurance companies for a 25 year old driver. Each of them are well below the median rate for a 25 year old.

Under the no fault rules, each person’s insurance will cover their doctor’s bills with no regard for who was to blame in the accident.

Minimum Personal Injury Protection Requirements

Since the state is no-fault then each driver is required to carry Personal Injury Protection or (PIP) insurance. Personal Injury Protection coverage supplies the advantages for medical and any disability expenses up to $2,500 for all reasonable costs from an accident.

Average insurance rates for a 45 year old driver in Maryland

In Maryland full (PIP) insurance provide protection for you, your passengers, and members of your family.

Limited Personal Injury Protection Option

If you elect to have limited PIP then you, your family members, and other passengers are not protected under limited PIP; however, in this instance, the state would need knowledge of an existing health insurance plan you may have.

55 year old driver average insurance rates

There are instances where the other driver can bring the at-fault driver to court or litigation. If the doctor’s expenses surpass an (anywhere from $2,500 to $10,000) amount or if the accident is presumed too harsh, the at-fault party can be held responsible for the other driver’s damages.

Local Maryland Insurance Agents by City & Average Rate

CityAverage RateCityAverage RateCityAverage Rate
Annapolis Auto Insurance$1,399Columbia Auto Insurance$1,123Frederick Auto Insurance$1,315
Baldwin Auto Insurance$1,319Cumberland Auto Insurance$1,187Gaithersburg Auto Insurance$1,392
Bethesda Auto Insurance$1,358Denton Auto Insurance$1,244Germantown Auto Insurance$1,407
Bowie Auto Insurance$1,119Dundalk Auto Insurance$1,307Glen Burnie Auto Insurance$1,411
Cambridge Auto Insurance$1,231Eldersburg Auto Insurance$1,104Potomac Auto Insurance$1,311
Catonsville Auto Insurance$1,211Ellicott City Auto Insurance$1,093Severn Auto Insurance$1,362
Clinton Auto Insurance$1,344Essex Auto Insurance$1,127Towson Auto Insurance$1,231
College Park Auto Insurance$1,301Finksburg Auto Insurance$1,258Waldorf Auto Insurance$1,251

Baltimore, MD

Baltimore is the largest city in the state with more than 220 neighborhoods. It is home to the first umbrella factory and post office.

Only 40 miles from a Washington D.C. it is the United States eastern hub of activity and economy. With wonderful charm and quaint coffee shops the city is known as “Charm City”.

The city has produced some of the finest athletes, politicians, writers, poets, and performers in the world. It is the second largest seaport in the Mid-Atlantic region. 

Our top three picks for cheapest car insurance in Baltimore are GEICO, USAA, and Progressive. If not former military you can get low rates from Nationwide or Cumberland Insurance.  Each of the companies were able to provide quotes well below the average rate in the city of Baltimore. Please see table below.

Baltimore, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,911$1,321
USAA$1,913$1,334
Progressive$1,945$1,367
Nationwide$1,955$1,424
Cumberland Insurance$1,967$1,448
21st Century$1,989$1,469
Allstate$2,004$1,499
State Farm$2,008$1,589

Columbia, MD

Columbia has a population just under 100,000 residents. A master plan of James Rouse, the city has 10 community villages established from 1967 to 1990. It is one of top places to live in the state of Maryland.

Drivers in Columbia should consider getting quotes from GEICO, USAA, and Progressive. The average rate for drivers in Columbia is $1,821. With the providers in our study you should be able to save more than 12.5% on your annual premium.

Columbia, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,821$1,121
USAA$1,813$1,134
Progressive$1,876$1,156
Nationwide$1,911$1,245
Cumberland Insurance$1,988$1,278
21st Century$1,999$1,308
Allstate$2,010$1,411
State Farm$2,023$1,432

Germantown, MD

Germantown is the third most populous place in Maryland. If it was incorporated as a city it would be the second largest behind Baltimore.

Germantown is a wonderful place for outdoor enthusiasts. With many hiking trails, such as Seneca Creek State Park and Black Hills, many residents enjoy the nice scenery.  

With rapid growth and an urbanized town center many try to find a home in the city Germantown.

Drivers can find inexpensive auto insurance with Nationwide, GEICO, and USAA. The median rate for drivers is over $1,900 per year. With our study, we found any of the insurance companies illustrated would provide you with 20% percent in savings.

Germantown, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,779$1,207
USAA$1,788$1,210
Nationwide$1,808$1,233
Progressive$1,855$1,248
Allstate$1,886$1,278
Cumberland Insurance$1,898$1,281
21st Century$1,922$1,294
State Farm$1,956$1,307

Silver Spring, MD

The median age in Silver Spring, Maryland is 34 years. Many enjoy the outdoors at fascinating Rock Creek or Acorn Park. 

Silver Spring hosts several entertainment and festivals, the most notable of which are the Silverdocs documentary film festival held each June and hosted by Discovery Communications. The Silverdocs film festival is known to attracted more than 20,000 visitors each year.

As illustrated, our picks for the lowest insurance rates possible are USAA, GEICO, and Nationwide. Since the average rate for residents of Silver Springs is over $1,950 per year you should be able to lower your rate by 15%.

If you have a family, then compared quotes as recommended, and find additional savings by combining coverages and discounts

Silver Spring, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,721$1,201
USAA$1,723$1,207
Nationwide$1,745$1,223
Progressive$1,769$1,226
Allstate$1,809$1,287
Cumberland Insurance$1,865$1,289
21st Century$1,911$1,309
State Farm$1,923$1,378

Ellicott City, MD

Ellicott City has been home to a large Korean population with numerous Korean-owned businesses and restaurants. A section of Route 40 to Greenway Drive is known as “Korean Way”, paying homage to the city’s Korean culture.

An important part is Ellicott City’s Koreatown has revitalized declining shopping centers along the highway.

The average insurance rate in Ellicott City is $2,000 per year. Again, Nationwide, GEICO, and Progressive are the cheapest.

If you are a younger driver any of the top 6 illustrated would help you find 10% in savings. A family of four may want to prefer a top carrier such as GEICO for maximum savings.

Ellicott City, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,721$1,111
USAA$1,747$1,154
Nationwide$1,865$1,165
Progressive$1,874$1,179
Allstate$1,890$1,234
Cumberland Insurance$1,923$1,247
21st Century$1,934$1,268
State Farm$1,976$1,309

Frederick, MD

Cool Facts about Frederick

  • Frederick served as a major hospital center during the Civil War for the wounded.
  • The historic district is gorgeous with stunning history and beautiful landscapes.
  • Named the best “Small Town” to live by CNN and Forbes.
  • Frederick is famous for its historic homes, awesome downtown, and Civil War battlefields.

Historic Frederick has lower insurance rates compared to other cities in the State of Maryland. If you are a 30 year old driver with good credit and a clean driving history you should be able to get rates well below $1,000 per year. Our top three picks of insurers have quotes about 22% below the median rate of Frederick.

Frederick, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,532$944
USAA$1,587$948
Nationwide$1,654$968
Progressive$1,698$989
Allstate$1,789$1,003
Cumberland Insurance$1,852$1,006
21st Century$1,873$1,087
State Farm$1,938$1,127

Rockville, MD

According to 50states.com, during revolutionary times Rockville was known as Hungerford’s Tavern the name of its most familiar landmark. One of the first calls to freedom from British rule was heard at the tavern in 1774. Rockville has more than 61,000 residents making it the 3rd largest city in Maryland. Home to the I-270 technology corridor it is home to numerous biotech and software companies.

Residents of Rockville can find the cheapest insurance rates with GEICO, Progressive, and Nationwide. If you are former military then USAA is your best option. The median rate for a 40 year old driver is $1350. If you get a premium from out cheapest insurers you would save over 10%.

Rockville, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,821$1,208
USAA$1,848$1,232
Nationwide$1,903$1,248
Progressive$1,948$1,302
Allstate$1,956$1,337
Cumberland Insurance$1,983$1,353
21st Century$2,017$1,359
State Farm$2,141$1,436

Bethesda, MD

Bethesda, Maryland is a thriving urban district with over 200 restaurants, coffee shops, and art galleries. According to residents, it is the best shopping district in the Washington, D.C area. Some call it the Mecca of “brain-power” since the majority of people have college degrees. Also, it has been called the 2nd healthiest city for women by Self Magazine.

In the town of “elites” or Bethesda you are able to find cheap car insurance. The average rate for a 30 year old driver is $1,870. For a 45 year old driver it is over $1,500. Out top picks are rounded out with Cumberland and Allstate. If you compared quotes and applied discounts you should be able to find about 20% in savings.

Bethesda, Maryland Auto Insurance CompanyAverage Annual Rate for 30 Y/O DriverAverage Annual Rate for 45 Y/O Driver
GEICO$1,821$1,208
USAA$1,848$1,232
Nationwide$1,903$1,248
Progressive$1,948$1,302
Allstate$1,956$1,337
Cumberland Insurance$1,983$1,353
21st Century$2,017$1,359
State Farm$2,141$1,436

Lending Institutions & Banks Full Coverage Requirement

When you are comparing auto insurance quotes you want to realize banks and lending institutions require all drivers to have full coverage for the automobiles if they are going to be financed.

Also, to avoid any penalties or fees you want to be sure to return your license plate and registration card to the Motor Vehicle Administration (MVA) when you have canceled your insurance premium.

Driving Without Insurance? You’re “At-Fault” in Maryland

Another important aspect of driving in Maryland is when in  an accident the driver without insurance is going to be “at-fault” which is common in Baltimore, Annapolis, Hagerstown, and Rockville.

Best Car Insurance Firms in Maryland by Index & Consumer Ratings

Maryland Auto Insurance CompanyPremiumsIndexRating out of 5 Stars
Esurance$17,268,6670.424.4
Nationwide333,621,824 0.444.5
Progressive211,462,009 0.464.6
GEICO847,126,674 0.534.6
Allstate425,681,9620.704.5
Titan10,640,895 0.744.2
State Farm754,830,1840.934.5
Safeco24,789,714 0.994.1
Kemper20,575,518 1.014.0
Encompass53,018,622 1.023.9
Brethren Mutual Insurance Company14,913,4971.093.9
Agency Insurance Company26,413,860 1.113.9
Liberty Mutual136,487,8631.234.2
Ameriprise 12,310,7151.304.0
USAA278,918,0331.554.7
Erie Insurance267,418,4581.724.4
Hartford46,809,559 1.724.3
21st Century11,481,682 1.724.4
State Auto24,167,553 1.993.8
Amica19,351,8891.994.1
Peninsula Insurance17,878,6442.134.1
Penn National Insurance Company11,874,871 2.754.1
MetLife22,680,5832.884.3
Travelers62,774,829 2.994.1

Insurance Resources & Department of Motor Vehicles Contact Information

Department of InsuranceDepartment of TransportationDepartment of Motor Vehicles
200 St Paul St #2700, Baltimore, MD 21202
(800) 492-6116
7491 Connelley Dr, Hanover, MD 21076
(410) 582-5505
10251 Central Ave, Upper Marlboro, MD 20774
(410) 768-7000
WebsiteWebsiteWebsite

Final Thoughts

At Autoinsuresavings we want you to be able to find the lowest rate possible for your vehicle while maintaining the same or more coverage.

The best way to do this is to compare more than three quotes to be sure you are saving. Be sure your credit report is accurate and maintain a good driving record.

If you have any traffic violation consider taking a defensive driver course to help off-set the increase in insurance rates.

Greg Fowler
I love to network, travel, and spend time with my children. When I am not doing that I am working on AutoInsureSavings or other websites. If I am working, the best way to reach me is via my Google+ Profile.

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