Baltimore, Maryland, is a vibrant and historic city that holds a significant place in American culture and history. Located along the Chesapeake Bay, Baltimore is renowned for its rich maritime heritage and dynamic cultural scene. The city is home to iconic attractions like the Inner Harbor, restaurants, and entertainment venues. Drivers can explore the National Aquarium and the Maryland Science Center.
Drivers in the Baltimore area have multiple cheap car insurance coverage options when comparing free quotes & rates from local providers. We will break down the average auto insurance policy costs for the city throughout this guide:
In Baltimore, MD on average the cheapest auto insurance provider is GEICO and Progressive. State minimum coverage starts at $79 monthly or $949 a year – Full coverage would cost $195 a month or $2,339 a year.
Here is a breakdown of average costs from the cheapest local insurance providers near you from our data set of used-car drivers who are single, middle aged and have a clean driving record:
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To determine how much you can expect to pay for your insurance based on vehicle type we averaged multiple cost quotes in Maryland and pulled data for used vehicles such as a Toyota Camry, Nissan Titan, Chevrolet Bolt, Honda CR-V and BMW 4 Series:
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On average the price of car insurance for a brand new vehicle in Maryland would be an annual premium of $2,577 or $215 a month for full coverage.
We pulled insurance cost rates data for new 2022-2023 vehicles to give you an idea of the difference in coverage price for newer cars vs. used vehicles:
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In Maryland, age is a significant factor that influences your auto rates. Generally, younger drivers tend to face higher insurance premiums compared to older, more experienced drivers.
Statistics show that younger drivers, particularly teenagers and individuals in their early twenties, are more likely to be involved in accidents due to their limited driving experience and potential risky behavior on the road.
Here is a breakdown of the average costs for car insurance based on each age in Maryland:
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Maryland car insurance regulations ensure that all drivers on the state’s roads have the necessary coverage to protect themselves and others in case of accidents or unforeseen events.
Drivers in Maryland are required to carry minimum liability insurance coverage, which includes bodily injury and property damage liability. This coverage helps pay for medical expenses, property repairs, and legal fees if the insured driver is at fault in an accident.
Additionally, Maryland law mandates uninsured motorist coverage to safeguard against accidents involving drivers who lack insurance. The state’s car insurance system operates under a fault-based system, meaning that the party at fault in an accident is responsible for covering the damages.
However, drivers also have the option to choose between limited or full tort coverage, affecting their ability to seek compensation for non-monetary damages like pain and suffering. To legally operate a vehicle in Maryland, drivers must maintain proof of insurance and be prepared to provide it when requested by law enforcement or other relevant authorities. Here is a breakdown of how much insurance you are required to have in MD:
You will have to sign an FR-19 certificate once you get insurance. This document is valid for 30 days and tells the DMV that you are insured. The state also requires insurance agencies to submit your insurance details.