However, the cost of insuring a 17-year-old varies widely depending on the. If you cause an accident at fault, the average cost of car insurance in Maryland increases by 51 percent. But if you live in Columbia or Germantown, you could pay about 7 or 8 percent less than the average cost of car insurance in Maryland. Maryland has a high rate of uninsured drivers, a high traffic density as a result of its high urban population and frequent car thefts.
Comparing prices and comparing quotes could help you find the cheapest car insurance company in Maryland for you. A 17-year-old can save on car insurance by eliminating unnecessary coverage, comparing the quotes of several insurers, and taking full advantage of the discounts commonly offered to teens. It helps manage the creation of insurance content that meets the highest quality standards in terms of accuracy and clarity to help Bankrate readers search for complex information on home, auto and life insurance. Drivers with excellent credit could save about 14 percent, while those with bad credit could pay up to 63 percent more than the average cost of car insurance in Maryland.
These average rates may not reflect how much each individual Maryland driver will pay for car insurance. The cost of car insurance varies significantly depending on your age, driving history and the coverage you choose. The average cost of car insurance for 17-year-old male drivers is 9% more expensive than the average cost of female drivers. Male drivers aged 16 and 18 also pay more for car insurance than their female counterparts.
According to the Insurance Information Institute, metropolitan areas are also likely to have higher auto insurance rates. MoneyGeek looked at factors that have a big impact on your car insurance rate to determine the average cost of car insurance in Maryland.