Maryland Insurance Guide 2026

Average insurance rates, state minimum requirements, and insurance laws for Maryland residents.

📊 1,750/yr Auto 🏠 1,450/yr Home 🌊 Moderate Flood Risk

Maryland Insurance Cost Calculator

Quick estimate for Maryland residents. Get instant results based on your property details.

Maryland Insurance Overview

Coverage Type Average Annual Premium Notes
Home Insurance $1,450 State average
Auto Insurance $1,750 State average
Flood Insurance (NFIP est.) $950 Moderate Risk

Maryland Auto Insurance Requirements

The minimum auto insurance liability requirements in Maryland are:

30/60/15 (Bodily Injury / Property Damage)

Flood Risk in Maryland

Flood risk level: Moderate

While Maryland has moderate-to-low flood risk, flooding can happen anywhere. Standard homeowners insurance does NOT cover flood damage — a separate flood policy is needed.

Regulatory Authority

The insurance regulator in Maryland is:

insurance.maryland.gov

High coastal property values. No-fault auto insurance optional.

More Insurance Calculators

🏠

Home & Renters

🚗

Auto Insurance

💼

Life Insurance

🏥

Health Insurance

More Financial Calculators

🏡

Mortgage Affordability

🚙

Car Affordability

Maryland Insurance FAQ

The average cost of home insurance in Maryland is $1,450 per year ($121/month). Rates vary based on your home's value, location, age, and your credit score. Use our calculator above to get a personalized estimate.

Yes. Maryland requires all drivers to carry at least 30/60/15 in liability insurance. Driving without insurance can result in fines, license suspension, and vehicle impoundment.

Flood insurance is not mandatory for most homeowners in Maryland, but it's still recommended. Standard homeowners insurance does NOT cover flood damage, and floods can happen anywhere — not just in high-risk zones.

📎 You Might Also Need

Based on your state guide, you may also want to estimate these insurance costs:

🏠
Home Insurance
Calculate homeowners/renters insurance
🚗
Auto Insurance
Estimate car insurance cost
💼
Life Insurance
Calculate term & whole life costs
📚
Insurance Guide
Learn insurance basics