Instant Maryland Car Insurance Quote – MD Auto Insurance

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Maryland car insurance quotes are a necessary part of buying an insurance policy in the state. You need to make sure you buy all the coverage you need for a price you can afford. The good news is that the internet makes this process easy. For example you can get started now by entering your zip code above.

As you can see below Maryland has some of the strictest rules and laws in the United States when it comes to auto insurance. Thus, it is worth your time and effort to do your homework and shop around for the policy that meets your needs.

Minimum Auto Insurance Requirements In Maryland

All cars and vehicles in Maryland must be insured. As a driver you need to make sure you purchase at least the minimum amount of insurance coverage. At the current time your insurance requirements are classified as 30/60/15 coverage meaning:

  • $30,000 bodily injury liability per person
  • $60,000 bodily injury liability per accident
  • $15,000 property damage liability

In addition to the minimums listed above you must also have two additional forms of insurance coverage. First, you must carry Uninsured motorist coverage with the same minimums as those listed above. If you buy higher liability insurance than just the required minimum, then your uninsured motorist coverage will have to match this.

Second you need Personal Injury Protection (PIP) coverage. It provides benefits for medical, hospital and disability up to $2,500 for all reasonable expenses arising out of an accident.

If you want to play it safe you are strongly recommended to go above and beyond the minimum insurance limits listed above. Realistically, you should aim for at least 10X the amount of coverage as listed above. With a good driving record and by using quotes, this extra protection shouldn’t cost you too much more.

Maryland State Auto Insurance Laws

Now that you know about Maryland’s insurance minimums, there are a few other things that might be helpful to know about insurance in the state. Chief among these are the laws that govern auto insurance. One key thing to know is that Maryland is considered an at-fault state (with Add-On Coverage).

In plain English this means whoever causes and accident has to pay. If they have proper insurance coverage, their insurer will pay up to the limits agreed to in their insurance policy.

As in other states, Maryland residents are required to carry proof of insurance while driving. This is usually in the form of an insurance card. Failure to have proper insurance coverage can result in any of the following:

  • Losing your drivers license.
  • Losing your license plates.
  • Losing your ability to register a vehicle until all violations are cleared.
  • Lapse of insurance penalty fees of $150 for the first 30 days and $7 for each day after.
  • Up to one year of prison and/or $1,000 fine for providing false insurance evidence.

The Maryland Consumer Guide to Auto Insurance provides a bit more detailed information on many of these points. Just be sure to take this seriously, as being convicted for not having insurance can make it extremely difficult and/or costly to purchase auto insurance in the future.

Teen and other younger drivers also have specific issues and concerns that can impact not only their own lives, but those of the people around them. Just one simple example can demonstrate this. If you have a teen driver and they get in a major car accident that they are responsible for, they can obviously become injured or worse. However, even if they get out unscathed your car insurance premiums won’t, if they are listed on your policy.

Insurance companies can increase your rates because of something your teen driver does if you share an auto insurance policy. To learn more about legal and other concerns and challenges with being a young driver and/or having one listed on your policy you should read A Consumer’s Guide to Auto Insurance For Teen & Young Adult Drivers.

Maryland Car Insurance Companies

The state of Maryland does not keep a detailed record of insurance companies operating within the state. However, the Insurance Information Institute does have a list of member companies that sell car insurance policies in the state. Here they are:

Allianz of America, Inc.

Allstate Insurance Group

Bituminous Insurance Companies

Chubb Group Of Insurance Companies

Erie Insurance Group

Farmers Group, Inc.

GEICO

The Hanover Insurance Group, Inc.

The Hartford Financial Services Group

Harleysville Insurance

Holyoke Mutual Insurance Company

Liberty Mutual Group

MetLife Auto & Home

Nationwide

OneBeacon Insurance Group

Safeco Corporation

Selective Insurance Group

State Auto Mutual Group

State Farm

Travelers

Unitrin P/C Insurance Group

USAA

Utica National Insurance Group

Westfield Group

Zurich North America

Before purchasing a policy with any auto insurance company you might want to do a bit of research into how stable it is. Unfortunately. the Insurance Administration does not maintain these records themselves. The good news is that they do have a short guide on finding insurance company ratings.

If you have a problem with your insurer, the Maryland Insurance Administration (MIA) may be able to help. One option is to file a complaint. You can learn more about what the MIA can and can’t do to help in their Insurance Assistance Brochure.

Average Maryland Auto Insurance Rates

Maryland has some of the highest auto insurance rates in America. According to the Insurance Information Institute (I.I.I.) the state ranked as the 10th most expensive in 2008. Annual premiums for that year were $922, nearly twice the amount paid by drivers in the cheapest state (North Dakota).

Other sources claim the average insurance rates paid by Maryland drivers are even higher. For example, CarInsurance.com claims average annual premiums are $1,904 per year, nearly a third higher than what they claim average US car insurance rates are.

Part of the issue has to due with Baltimore which has the 4th highest rates for car insurance according to the I.I.I. in 2010. If you live outside the city you may find rates that are much more reasonable. If you do find yourself living in Baltimore then you want to be especially sure to make the maximum use of insurance quotes to get the lowest priced policy you can.

You can find out a lot more about how much your location impacts rates, typical rates you can expect to pay and other Maryland auto insurance rate information in their Comparison Guide to Rates publication. This guide is far more helpful than just knowing what average rates are supposed to be.

Better yet, it may help you narrow down your list of insurance companies to those likely to give you a good deal based on your driving history and your insurance needs.

Maryland Car Accident Statistics

Given how high Maryland’s typical car insurance rates are, it is a bit of a surprise that it is a safer than average state to drive in. In 2007, the state recorded a total of 615 traffic fatalities and 51,729 traffic injuries. All this from a total of 100,943 crashes.

The good news is that these numbers are falling. Even more reassuring is the fact that the fatality rate per 100 million miles driven is lower in Maryland than the US as a whole. The National Highway Traffic Safety Administration puts the rate at 0.99 for Maryland and 1.14 for the US as a whole, in 2009.

Moreover, in terms of DUIs the state is about average with 30% of road fatalities being caused by drunk drivers versus 32% nationwide. The 5 most dangerous counties were as follows: Prince Georges, Baltimore County, Anne Arundel County, Montgomery County and Baltimore City. Therefore if you live in any of these areas take extra special care to stay safe on the road.

Finally, the state is trying to improve its record through the Maryland Strategic Highway Safety Plan.

Why Maryland Car Insurance Quotes Mean A Cheaper Policy

Thankfully, it is possible to find cheap car insurance in Maryland, but only if you know where to look for it. The best way to find a good Maryland auto insurance quote is to check the different insurance websites where you can compare car insurance quotes. You can use our site to get quotes from multiple companies quickly and easily.

An online quote is free and comes with no strings attached. Some companies also offer discounts, including some that depend on the driver’s personal record (like driving history, age, and school grades for students), that can give you big savings. Just be sure to ask, because they don’t always like to tell you how to save the most money.

Some of these quotes even include the option of buying a policy online (although most require some documentation to back up your claims), provided you meet the insurance company’s requirements. Make sure you’re covered while driving in the Old Line State. Get Maryland car insurance quotes today.

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Maryland City Insurance Guides

Baltimore

For more see:

Maryland Insurance Administration Home Page

Maryland Motor Vehicle Administration (MVA)

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