Cheapest car insurance quotes in Maryland: State Farm
State Farm has the cheapest minimum coverage insurance in Maryland. Quotes from State Farm average $809 per year — 22% lower than the state average.
Active military service members, veterans and their families can take advantage of even cheaper rates from USAA, which charges $400 a year for a minimum coverage policy. USAA’s average annual rate is $409 cheaper than State Farm’s.
Minimum liability car insurance policies have the cheapest rates. However, they could end up costing you more in the long run if you need to file a claim.
A minimum coverage policy in Maryland pays for injuries resulting from an accident or damage to the other driver’s car or property. It does not include protection for damage to your own car if you cause an accident.
For this reason, we recommend full coverage car insurance for most Maryland drivers.
Cheapest full coverage car insurance in Maryland: State Farm
State Farm also has the cheapest full coverage insurance quotes in Maryland. State Farm’s average rate is $1,514 per year, which is 21% cheaper than the statewide average for a full coverage policy.
Drivers eligible for USAA have access to even cheaper quotes. At $860 per year, a policy from USAA is $654 cheaper than a policy from State Farm.
Full coverage auto insurance policies include liability insurance as well as comprehensive and collision coverage, which pay for damage to your own vehicle.
While minimum coverage policies cost less than full coverage car insurance, having lower liability coverage limits and foregoing comprehensive and collision coverage could leave you without adequate protection in an accident.
The difference between full and minimum coverage quotes in Maryland is $879 per year on average.