To get the best high-risk car insurance in Maryland, you should compare quotes from at least three different insurance companies. The best high-risk auto insurance companies in Maryland are USAA, Geico and Travelers because they offer the most competitive rates for high-risk drivers. You should also adopt safe driving habits from now on, so that you can get even lower fares in the future. The average cost of car insurance in Maryland is 55% higher than the national average auto insurance premium.
For more information, see WalletHub's guides on SR-22 insurance and the cheapest car insurance companies. This insurance covers damage to your car in the event of a collision, off-road incident, vandalism, or theft. We've compiled a list of frequently asked questions about car insurance in Maryland for your convenience. In Maryland, auto insurance companies may consider factors such as employment, residence and marital status when setting premiums.
The exact amount that high-risk drivers in Maryland pay for car insurance depends in part on why they are classified as high-risk. While people in their 60s have cheaper car insurance rates than many other age groups on average, prices will start to increase as they age. Teens pay decreasing car insurance rates for each year added to their age, making 19-year-olds pay the lowest premiums in this age group. Just about anyone can get a discount on auto insurance in Maryland because most insurance companies make it easy to qualify for a variety of savings.
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. Maryland insurers typically offer discounts that fall into three categories: policy discounts, driver discounts, and vehicle discounts. Maryland drivers should expect to pay approximately that amount in advance each month to keep their auto insurance policy active. With assigned risk insurance, drivers who cannot be accepted are normally assigned to insurance companies that come together collectively to assume the risk of insuring them.
And if an area has a particularly high theft rate, car insurance can be more expensive because of the risk of vehicle theft.