Auto Insurance In-Depth Home

Maryland Auto Insurance

Maryland auto insurance laws are fairly straightforward. But you still need to take a close look at your policy details and the premium you pay.

This guide:

Explains Maryland car insurance regulations and requirements

Describes how Maryland auto insurance rates are decided

Shows you how you can save money by comparing multiple quotes

See How Much You Could Save:

Save $300-400 or more with discount rates from all major auto insurance carriers, as well as local companies in Maryland.

It takes just one minute. Enter your zip code to start:

Enter Zip Code Below  
Are you insured?     Yes     No

Maryland auto insurance laws

Maryland auto insurance laws require that every driver carry auto liability insurance. This coverage helps insure you against the cost of injury and damage you cause to someone else in an auto accident.

Maryland auto insurance laws require liability coverage of 20/40/15. (That's $20,000 per person for injuries you cause to the other party, up to $40,000 total, and $15,000 for any damage that you cause to the other driver's car and/or property.)

Maryland auto insurance laws also require that you purchase uninsured and underinsured motorist coverages, which help cover your expenses should you be in an accident with a driver with inadequate liability coverage. The required minimum on this coverage is also 20/40/15 ($20,000 for injuries per person, up to $40,000 total, and $15,000 for property damage).

Finally, Maryland auto insurance laws require that all drivers purchase a minimum of $2,500 in personal injury protection (or PIP). This coverage will help reimburse you for medical expenses and lost wages regardless of who was at fault in an accident.

Drivers with good health insurance policies may wish to waive this coverage to earn a lower premium. However, most health plans will not cover loss of wages or the cost of any passenger injuries.

Maryland auto insurance companies will also offer optional coverages such as collision and comprehensive.

If you are a Maryland resident, you may be able to save on your premium by visiting Electric Insurance. Their policies are available only to better drivers, whose credit and driving records could be described as being at least good.

After comparing several rates at ComparisonMarket, pay a visit to Electric and get a quote to see if you qualify.

How Maryland car insurance rates are set

The price of Maryland auto insurance is decided by the behavior of the state's drivers as a whole. Maryland auto insurance companies take the cost of insuring Maryland drivers (this includes what they pay out for injury and damage, legal and administrative fees, and the cost of prosecuting insurance fraud) and divide it up among the drivers.

But these costs aren't spread around evenly. Instead, Maryland car insurance providers calculate how much a certain "category" of driver costs them, and decide premiums based on that. The "category" you're in is decided by your driving record, your age, where you live, and the kind of car you drive, among other things.

Of course, not all insurance companies use the same categories and calculations, so the same set of characteristics (yours!) will be seen very differently by different insurance companies. And they'll quote you different rates.

What this means for you, as an Maryland driver, is that you need to shop around. It's the fastest easiest way to save on an Maryland auto insurance policy.

Fortunately,shopping around is easy to do online.

Where to get Maryland auto insurance quotes

The following web sites will help you find Maryland car insurance quotes: (these links will open in a new window)

ComparisonMarket is the best online insurance shopping service - the site to visit first when looking to save $$$ on top-rated coverage.



Esurance - a national provider of coverage to all drivers. Big savings if you Quote/Buy/Print online!

Netquote is particularly useful if you want a local agent to contact you, to help you set up a personalized policy tailored to your needs.

Electric Insurance a discount insurance provider for good drivers

Geico - Like the gecko says: "15 minutes could save you $300 or more on your car insurance".

Get quotes in your area, using your ZIP code to find local agents. Enter your ZIP below to get a quote from a local provider:

ZIP Code:

To speed up the process, you might wish to have some information required for an online quote ready before you begin.

More MD car insurance help

If you want more help designing your MD auto insurance policy, read our guide to setting safe and reasonable car insurance coverage levels. It contains loads of money-saving tips, too.

To find out more about MD auto insurance laws and regulations, visit the state's official website of the Maryland Insurance Administration.

Want to learn even more?

Take our quick auto insurance course, and learn the step-by-step to get the most out of your auto insurance policy for the least amount money.

Just ten easy lessons - start today

Auto insurance leads for agents | Site map

©Copyright 2002-2011 Auto Insurance In-Depth LLC

This wrebsite provides general information for educational purposes only and is not intended to be legal advice. We make no guarantees as to the validity of the information presented. Your particular facts and circumstances, and changes in the law, must be considered when applying insurance law. You should always consult with a competent auto insurance professional licensed in your state with respect to your particular situation.