Getting a Car in Maryland? Look for the Best Insurance Rates

Did you just get a new car? Or maybe you’re looking to get your first car so that you can enjoy the freedom it offers? Along with getting your car registered and keeping up with your payments, you’ll need to consider where you’re going to get your car insurance. While you search for insurance providers, it may help to know what the average rate is in Maryland to ensure that you’re getting the best deal possible!

What Determines My Rate?

Before you can get an idea of what your insurance rates may be, it helps to understand what’s taken into account before your unique rate can be calculated. There are a variety of factors that can affect your insurance rates:

  • Your Age
  • Your Credit Score
  • Your Driving History
  • How Many Years Have You Been Driving?
  • Insurance History
  • Annual Mileage
  • Your Actual Location in Maryland

These are just some of the more important and obvious factors that go into your insurance rate calculation!

What Is the Actual Average for Maryland Drivers?

Based on the factors mentioned, you can expect your car insurance rate to average around $1,877 to $2,386 per year for full coverage. For minimum liability, your yearly average can be around $767.

When people mention full coverage car insurance, it involves having liability, collision, and comprehensive coverage for your vehicle—essentially giving your car a “full” coverage across most areas that your insurance can cover. Minimum, on the other hand, is just that—having the bare minimum of what you’re required to have on your car insurance, which is usually the liability coverage. Some states, however, also require that your insurance includes Personal Injury Protection, or PIP for short.

What Car Insurance Providers are Available to Me?

In the state of Maryland, you have a variety of options available to you, but these are the top four in insurance providers regarding their annual rates at their cheapest:

  • Erie Insurance – $590 per year
  • State Farm Insurance – $797 per year
  • Progressive Insurance – $1,010 per year
  • Allstate Insurance – $1,141 per year

These rates should give you a general idea of what to expect. However, these rates may not reflect full coverage and do not take into account your own unique rate factors. You will likely need to get a proper quote to understand your rate whether you intend to pursue full coverage or just minimum liability.

Hurt in a Crash? Find a Car Accident Lawyer with TopResearched!

If you’ve been hurt in a car accident, car insurance can only do so much—or rather, they will only try to do so much. Oftentimes, their adjustors will try to downplay the compensation you should be getting, when usually it should be more than their base offer. With the aid of a car accident lawyer, you can set things right and ensure that you’re receiving the compensation benefits you’re owed, whether it’s you that’s been hurt or if you’ve lost the life of a loved one because of another person’s neglectful actions on the road. Save yourself from the runaround and find the best lawyer for you in your area with the heavily curated lists of TopResearched!