Cheapest Car Insurance in Maryland
Numbers refreshed
Insurers are ranked by price in the cases where Maryland publishes their rates, along with ways to cut your own bill.
- $79.That's the monthly average for coverage that meets the legal minimum.
- 30/60/15.The minimum liability limits.
- Costs place it 12th of 51 (1st = highest).
Maryland's lowest rates for an adult with a clean record
The driver is a single male, 30, homeowner, with a clean record, driving a 2015 Toyota RAV4 Limited AWD 25,000 mi/yr. The state prices him with PIP $2,500, UM, comp $250 and coll $500, on 100/300/100 limits.
| Rank | Insurer | Per year | Per month |
|---|---|---|---|
| 1 | Branch Insurance Exchange | $2,156 | $180 |
| 2 | Progressive | $2,964 | $247 |
| 3 | USAA | $2,971 | $248 |
| 4 | USAA | $3,119 | $260 |
| 5 | Farmers Insurance | $3,194 | $266 |
| 6 | Horace Mann Insurance Co. | $3,360 | $280 |
| 7 | NJM Insurance Co. | $3,539 | $295 |
| 8 | State Farm | $3,574 | $298 |
| 9 | CSAA General Insurance Co. | $3,637 | $303 |
| 10 | USAA | $3,896 | $325 |
Source: Maryland Insurance Administration: Auto Insurance: A Comparison Guide to Rates (As of August 2026).
Cheapest in Maryland if you're a young driver
The driver is a single male, 19, renter, with a clean record, driving a 2014 Honda Accord EX-L 15,000 mi/yr. The state prices him with PIP $2,500, UM, comp $250 and coll $500, on 30/60/15 limits.
| Rank | Insurer | Per year | Per month |
|---|---|---|---|
| 1 | Progressive | $4,467 | $372 |
| 2 | Branch Insurance Exchange | $5,554 | $463 |
| 3 | Progressive | $5,944 | $495 |
| 4 | GEICO | $6,220 | $518 |
| 5 | AIG Property Casualty Co. | $6,929 | $577 |
| 6 | USAA | $7,407 | $617 |
| 7 | USAA | $7,922 | $660 |
| 8 | Erie Insurance | $7,994 | $666 |
| 9 | Horace Mann Insurance Co. | $8,021 | $668 |
| 10 | Penn National Insurance Co. | $8,099 | $675 |
Source: Maryland Insurance Administration: Auto Insurance: A Comparison Guide to Rates (As of August 2026).
Ways to spend less
- Keep the state minimum only on an old car you could replace with cash: dropping collision and comprehensive saves $824 a year on the Maryland average.
- Raise your deductible. What you save in a year often beats the extra you'd pay out on one claim.
- Name each discount when you ask: multi-car, good student, bundling home and auto, paying in full, safe-driving apps.
- Shop again when you renew. If one price goes up, that doesn't mean the others did.
First written