Are you looking for the best car insurance in Maryland? Buying car insurance is mandatory in Maryland because it is a legal requirement of the state.
Besides, it is good protection from financial losses that you may incur if you get involved in an accident.
In this Maryland auto insurance guide, we will have a look at some of the best car insurance companies that you can find in the region. If you are looking for insurance outside of this region, check out our list of best car insurance companies in the United States.
You will have to follow the car insurance requirements of Maryland if you are a resident there. The minimum car insurance coverage in Maryland is:
Car insurance rates in Maryland depend on the area you’re living in, your age, your credit score, and other related things. In this section, we’ll have a brief look at various car insurance quotes in Maryland.
The gender of a driver doesn’t play a big role in determining the insurance quote in the state. Still, there is a slight difference in the average car insurance rates of the two groups. The average cost of a male driver is $1,695 and for a female driver is $1,634.
|Company||25-year-old female||25-year-old male||35-year-old female||35-year-old male||60-year-old female||60-year-old male|
This table shows how your age plays a deciding factor when it comes to choosing the best car insurance in Maryland. All the companies mentioned in the table above have varying insurance rates. Among the six companies, in Maryland, Allstate has the most expensive car insurance rates. On the other hand, GEICO offers relatively cheaper rates.
In this table, we have only analyzed how two factors – age and gender – influence insurance rates. Keep in mind that there are other individual factors such as your credit score and driving habits that determine your insurance rate.
It is true that within each state, the car insurance rates can vary drastically from city to city. The above table illustrates how the area you live in affects your car insurance rates. Of the four cities mentioned, Baltimore has the most expensive car insurance rates. The cheapest city to have car insurance is Columbia.
AAA is an old and reliable company that has been in the insurance business since the 1900s. It has an A+ rating from AM Best. It gives multiple membership discounts. The key feature of this car insurance company is its excellent roadside assistance service. Independent reviewers have found the company to be quite popular among customers.
A renowned name in the world of insurance, Progressive auto insurance provides exciting discounts for customers in Maryland based on their good driving habits. This financially strong company has received fewer complaints than expected. It also scores well when it comes to customer satisfaction.
The company has a rating of A++ from AM Best. It indicates that the company is financially strong and has the ability to pay off claims.
It scores well when it comes to other factors such as customer service, the ease of filing a claim, and claim resolution. Like its counterparts, the company also provides great discounts in addition to the standard coverage.
The company has the AM Best A+ rating. It has good coverage plans and great discounts. It has excellent financial strength and can pay off its claim liability quite easily.
State Farm has one of the best customer satisfaction ratings. It offers multiple discounts such as good student, multiple line, student away at school, accident-free, etc. State Farm has a dedicated claims network that is available to serve customers 24/7. Filing a claim with the company is absolutely hassle-free.
Allstate also enjoys immense popularity among customers. It has great features and coverage plans that make it one of the top car insurance providers in Maryland. It also offers discounts.
USAA has the best customer satisfaction ratings. In addition to the standard coverage option, it has other features such as accident forgiveness and rideshare insurance. It also offers multiple discounts to drivers based on their driving habits and other factors.
GEICO is one of the best car insurance providers in Maryland. The first thing that attracts a lot of customers to the company is its pocket-friendly insurance rates. In addition, it provides top-notch coverage options and scores well when it comes to customer satisfaction.
We reviewed different auto insurance quotes in Maryland to find out which company provides the cheapest insurance. As mentioned above, insurance quotes are affected by different factors. Here is Maryland auto insurance companies list and the quotes that they offer based on various factors:
The above lists highlight how every company's insurance rates vary with regard to different factors. But, before you get attracted by the word ‘cheap’, you should make sure that you have understood the coverage plans of each company.
In Maryland, it is illegal to drive any vehicle without proof of insurance. The penalties for not complying with auto insurance laws in Maryland are:
Car insurance in the state is expensive because the minimum state requirements are high. In Maryland, drivers should get both personal injury protection and uninsured motorist coverage.
The state is a no-fault state to determine who has financial liability. The driver who the authorities deem is responsible for the crash will have to pay for the damages.
Do the high rates of car insurance intimidate you? Here are some ways that can help you lower the insurance costs.
The first thing that you can do is to be a responsible and good driver with fewer offenses. You should also evaluate your coverage requirements.
Also, there are many insurers who offer bundle packages. If you buy auto and home insurance from a single insurer, you will be eligible for a discount on both insurance packages.
There are so many credible and old car insurance companies that are providing top-notch services in Maryland. Here is the list of the best companies based on their credit rating:
|Insurance Provider||JD Power Score (Out of 1,000)||AM Best Rating||Better Business Bureau Rating|
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