Geico offers the cheapest auto insurance at $1,154 per year or $96 monthly, on average. If you’re eligible, you can get cheaper rates at USAA, where the average is $863 a year. Both are below the average Maryland car insurance rate of $1,504 a year.
Cheap isn’t everything, but an Insurance.com analysis of rates, complaints, and financial stability found Geico to be the best insurance company that’s open to all drivers as well as the cheapest. USAA landed in the top spot, but is only open to military members and their families.
Many factors go into your insurance premium. Insurance companies use your driving record, the type of car you drive and the coverage you select to determine your average annual car insurance cost.
Read on to compare Maryland insurance rates by company, age and more.
Key takeaways
- Geico is the best car insurance company in Maryland overall for all drivers, with below-average rates and a low complaint ratio.
- Geico is the cheapest car insurance company in Maryland, open to all residents at $1,154 per year.
- USAA has the cheapest rates for teen, adult, and senior drivers, but only military members and their families qualify.
- Average cost of car insurance in Maryland
- Best car insurance companies in Maryland
- Cheapest car insurance companies in Maryland
- Cheapest car insurance cost in Maryland by age
- Cheapest car insurance companies in Maryland by driver profile
- Compare auto insurance rates by city in Maryland
- Compare auto insurance rates with other states
- Methodology
Average cost of car insurance in Maryland
The average car insurance rate in Maryland is $1,504 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Maryland is $580.
Best car insurance companies in Maryland
Geico is the best auto insurance company in Maryland for all drivers, based on a 2023 analysis by Insurance.com, with an overall rating of 4.72.
It took second place behind USAA with an overall rating of 4.9, but this company only offers car insurance to military members and their families.
Below is a full list of the top Maryland insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
| Insurance company | AM Best | Average annual rate | NAIC Complaint ratio | Insurance.com score |
|---|---|---|---|---|
| USAA* | A++ | $ 863 | 0.99 | 4.9 |
| Geico | A++ | $ 1,154 | 0.77 | 4.72 |
| Travelers | A++ | $ 1,191 | 1.03 | 4.64 |
| Nationwide | A+ | $ 1,264 | 0.66 | 4.35 |
| Erie Insurance | A+ | $ 1,490 | 0.95 | 4.11 |
| State Farm | A++ | $ 1,646 | 0.52 | 4.08 |
| Progressive | A+ | $ 1,650 | 0.73 | 4.03 |
| Allstate | A+ | $ 2,628 | 0.95 | 3.21 |
USAA offers car insurance only to military members and their families.
Cheapest car insurance companies in Maryland
Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.
We have gathered price quotes from all the major insurance providers in Maryland and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, USAA is the cheapest auto insurance company in Maryland with average rates of $863 annually or $72 a month for full coverage. Geico is the cheapest company overall and is open to all drivers, with an average annual rate of $1,154 for full coverage in Maryland.
| Company | State minimum | 50/100/50 liability only | 100/300/100 liability with $500 comp/coll deductible |
|---|---|---|---|
| USAA* | $ 292 | $ 329 | $ 863 |
| Geico | $ 371 | $ 400 | $ 1,154 |
| Travelers | $ 543 | $ 595 | $ 1,191 |
| Nationwide | $ 802 | $ 761 | $ 1,264 |
| Erie Insurance | $ 525 | $ 566 | $ 1,490 |
| State Farm | $ 670 | $ 739 | $ 1,646 |
| Progressive | $ 900 | $ 964 | $ 1,650 |
| Kemper Insurance | $ 578 | $ 639 | $ 1,654 |
| Allstate | $ 542 | $ 572 | $ 2,628 |
USAA offers car insurance only to military members and their families.
Auto insurance calculator
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Cheapest car insurance cost in Maryland by age
In Maryland, car insurance rates are higher for teenagers as they are more prone to accidents due to their lack of experience on the road.
Erie Insurance offers the cheapest car insurance for teen drivers in Maryland at $3,719 per year for a full coverage policy. If you are eligible, you can save even more with USAA at $3,043 per year.
Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults.
In Maryland, Geico offers the cheapest full coverage car insurance for adult drivers (25-55 year-olds) and senior drivers (60-75 year-olds) at $1,088 per year and $1,215 per year, respectively. You can save more with USAA if you are eligible.
| Age (group) | Company Group | Avg. Annual Premium |
|---|---|---|
| Teens (16-19) | USAA | $ 3,043 |
| Teens (16-19) | Erie Insurance | $ 3,719 |
| Teens (16-19) | Geico | $ 3,961 |
| Teens (16-19) | Travelers | $ 4,059 |
| Teens (16-19) | Kemper Insurance | $ 4,720 |
| Teens (16-19) | Nationwide | $ 4,980 |
| Teens (16-19) | State Farm | $ 5,010 |
| Teens (16-19) | Progressive | $ 5,816 |
| Teens (16-19) | Allstate | $ 10,273 |
| Young Adults (20-24) | USAA | $ 1,332 |
| Young Adults (20-24) | Travelers | $ 1,814 |
| Young Adults (20-24) | Geico | $ 2,077 |
| Young Adults (20-24) | Nationwide | $ 2,388 |
| Young Adults (20-24) | Erie Insurance | $ 2,830 |
| Young Adults (20-24) | State Farm | $ 2,839 |
| Young Adults (20-24) | Progressive | $ 2,981 |
| Young Adults (20-24) | Kemper Insurance | $ 3,104 |
| Young Adults (20-24) | Allstate | $ 5,103 |
| Adults (25-55) | USAA | $ 868 |
| Adults (25-55) | Geico | $ 1,088 |
| Adults (25-55) | Travelers | $ 1,207 |
| Adults (25-55) | Nationwide | $ 1,284 |
| Adults (25-55) | Erie Insurance | $ 1,526 |
| Adults (25-55) | State Farm | $ 1,679 |
| Adults (25-55) | Kemper Insurance | $ 1,734 |
| Adults (25-55) | Progressive | $ 1,737 |
| Adults (25-55) | Allstate | $ 2,577 |
| Seniors (60-75) | USAA | $ 822 |
| Seniors (60-75) | Geico | $ 1,215 |
| Seniors (60-75) | Nationwide | $ 1,280 |
| Seniors (60-75) | Travelers | $ 1,284 |
| Seniors (60-75) | Erie Insurance | $ 1,519 |
| Seniors (60-75) | State Farm | $ 1,647 |
| Seniors (60-75) | Progressive | $ 1,753 |
| Seniors (60-75) | Kemper Insurance | $ 1,848 |
| Seniors (60-75) | Allstate | $ 2,387 |
USAA offers car insurance only to military members and their families.
Cheapest car insurance companies in Maryland by driver profile
Drivers who have accidents or tickets are considered a higher risk and will pay more.
However, the severity and frequency of the incidents will also play a role in the insurance rates. For instance, drivers with a single minor accident may see a smaller increase in their rates compared to those with multiple major accidents.
Below are average Maryland rates by company for drivers with accidents and tickets on their driving record.
| Company | Clean record | Accident | Ticket |
|---|---|---|---|
| USAA* | $ 1,107 | $ 1,845 | $ 1,314 |
| Geico | $ 1,473 | $ 2,184 | $ 1,741 |
| Travelers | $ 1,537 | $ 2,278 | $ 2,103 |
| Nationwide | $ 1,863 | $ 3,403 | $ 2,702 |
| Erie | $ 2,009 | $ 2,588 | $ 2,100 |
| Progressive | $ 2,058 | $ 3,145 | $ 2,673 |
| Kemper | $ 2,147 | $ 4,237 | $ 3,151 |
| State Farm | $ 2,407 | $ 2,997 | $ 2,643 |
| Allstate | $ 3,744 | $ 6,034 | $ 5,028 |
*USAA offers car insurance only to military veterans and their families.
Compare auto insurance rates by city in Maryland
Auto insurance rates in your city can vary significantly due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers and consider these local factors to find the most competitive rates for your specific city in Maryland.
| City | Annual insurance premium |
|---|---|
Aberdeen | $1,453 |
Baltimore | $2,223 |
Beltsville | $1,730 |
Bladensburg | $1,990 |
Boonsboro | $1,263 |
Brunswick | $1,302 |
Henderson | $1,279 |
Laurel | $1,599 |
Luke | $1,278 |
Maryland City | $1,516 |
Compare auto insurance rates with other states
Methodology
Insurance.com commissioned Quadrant Information Services in 2022 to field rates from up to six major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving 2021 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.
The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets:
Accidents:
- 1 at-fault property damage accident over $2k
- 1 at-fault property damage accident under $2k
- At-fault bodily injury accident
- Single vehicle accident
Tickets:
- Distracted driving ticket
- Speeding ticket 1- 10 MPH over the limit
- Speeding ticket 11- 29 MPH over the limit
- Talking on a cellphone ticket
- Texting ticket
Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.
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