2021 Best Cheap Auto Insurance in Maryland

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There is no getting around the need for auto insurance if you are a Maryland driver. In addition to protecting you (and your property), having the right insurance helps protect your vehicle’s passengers and other drivers on the road. If you’re working on a tight budget, knowing where to find the lost expense coverage you need is essential. Here, we’ve broken down the best auto insurance companies in Maryland by type of driver.

  • The cheapest for typical drivers: United States
  • The cheapest for drivers with an accident: United States
  • The cheapest for teenage drivers: United States
  • The cheapest for drivers with a speeding ticket: United States
  • The cheapest for drivers looking for minimum coverage: United States

The cheapest for typical drivers

USAA offers low cost auto insurance to current and former members of the military, and their families. A typical driver with a good driving record can expect to pay an average annual premium of $ 1,016.

For drivers who are not eligible for USAA coverage, the best auto insurance in Maryland comes from:

  • Geico, with an annual rate of $ 1,289
  • Progressive, with a rate of $ 1,576
  • Nationally, with an average annual premium of $ 1,732

Cheaper for drivers with an accident

It can be difficult to get affordable auto insurance in Maryland with an accident on your driving record, but a few companies allow it. USAA is the big winner, offering its customers an average annual rate of $ 1,632.

The best Maryland insurance companies for drivers with an accident also include:

  • Geico, with an average annual rate of $ 1,961
  • Traveler’s, with an average premium of $ 2,063
  • Cumberland, with a competitive average rate of $ 2,297

The cheapest for teenage drivers

There are several things you can do to get a new teenage driver on the road. As a parent, you may find your heart in your throat more often than not. Also, it can be difficult to find the best Maryland auto insurance companies that offer cheap auto insurance for teens. When it comes to insurance for teens and young drivers, the term “low-cost” is relative. Providing a young driver with proper coverage is usually expensive, no matter which insurance company you choose.

If you qualify for USAA, you’re in luck. Their average annual premium will set you back around $ 2,704, or $ 225 per month. If you don’t have access to USAA, here are several other options to consider:

  • Progressive, with a young driver rate of $ 3,925
  • Unitrin, offering an average annual rate of $ 4,148
  • Traveler’s, with an annual premium of $ 4,706

The cheapest for drivers with a speeding ticket

You ask yourself, “How much does car insurance in Maryland cost if you have a speeding ticket on your record?” Again, your best bet is USAA, with an average annual rate of $ 1,208.

Some other Maryland auto insurance companies to explore include:

  • Geico, with an average rate of $ 1,443
  • Progressive, with an average annual rate of $ 1,820

Cheaper for drivers looking for minimal coverage

Maryland’s most competitive and cheapest auto insurance is offered by the USAA, with an average rate of $ 419 for minimum coverage.

Not eligible for USAA coverage? Here are two more options for the cheapest car insurance in Maryland:

  • Geico, with an average annual rate of $ 517
  • Traveler’s, with an average annual premium of $ 842

Average Cost of Auto Insurance in Maryland Compared to National Average

The average cost of auto insurance in Maryland is $ 2,880, almost 9% more than the national average.

Maryland Auto Insurance Laws

Maryland’s auto insurance laws are clear. Drivers caught without adequate auto insurance may face:

  • Fine of $ 150 for the first 30 days without coverage, and $ 7 per additional day, up to $ 2,500 per year.
  • Registration suspended.
  • Failure to pay fines can send your case to an office at the Central Collection Unit (CCU). Once there, all penalties are subject to an additional 17% collection fee.
  • If the fees are not paid in full, your tax return may be intercepted and used as a form of payment.

Maryland minimum coverage requirements

All drivers must have at least Maryland minimum auto insurance, including:

  • $ 30,000 per person / $ 60,000 per accident bodily injury liability insurance
  • Civil liability insurance for property damage of $ 15,000
  • $ 30,000 per person / $ 60,000 per accident bodily injury coverage for uninsured motorists
  • $ 15,000 coverage for property damage of uninsured motorists
  • $ 2,500 in injury protection

How To Get Cheap Auto Insurance In Maryland

The inexpensive landing insurance involves getting several car insurance quotes in Maryland. While some companies (like USAA and State Farm) tend to be near the top of the pile, the rates change and you can find other companies that offer competitive rates. There are several factors that help determine your chances of finding cheap auto insurance: your driving record, your credit score, and the number of discounts you can get.

Driving record

As you’ve probably noticed, the best rates are only for drivers with a clean driving record. This doesn’t mean that you can’t find a reasonable rate if you’ve had a traffic ticket or accident before, but it does mean that it’s easier to find a low rate after an accident or ticket has occurred. disappeared from your driving record. In the meantime, when you’re in a rush to get somewhere, remember how much a speeding ticket or accident can cost you.

Credit score

Insurers have found a link between people with high credit scores and safe driving habits. Whether it seems fair or not, insurance companies will check your credit score to get an idea of ​​how likely you are to drive safely in order to reduce their losses.

Discounts

The number of potential auto insurance discounts varies by company, but taking the time to consider the options can save you money. Here are some of the discounts that help the average driver:

  • Good student discount
  • Defensive driver discount
  • Full payment remittance
  • Discounts outside of school
  • Professional discount
  • Alumni discount
  • Professional organization discount
  • Discount on safety function
  • Discount based on usage
  • Multi-car discount
  • Multi-policy discount
  • New car discount

Other things to consider when looking for auto insurance in Maryland

Maryland allows drivers to forgo Personal Injury Protection (PIP) and opt for limited PIP instead. This is another way to keep costs down and it is worth asking an insurance agent.

It’s about doing everything possible to keep your premiums low.

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