Maryland is a small state, but some areas have a high cost-of-living, and geography plays a significant role in determining how much car insurance costs.
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Rick Hoel is an international business attorney and legal and insurance writer for Bankrate as well as Reviews.com and Accessibility.com. Over the last several years, he has covered topics dealing with personal and commercial insurance and technology and the law. Rick is General Counsel and Director of Risk Management and sits on the Board of Power Stow Americas Inc., a subsidiary of Power Stow A/S in Denmark, the world leader in the supply of tracked conveyor systems to the airline industry.
The average cost of car insurance for Maryland drivers is $767 annually for minimum and $1,877 for full coverage car insurance. Maryland law requires drivers to carry at least a certain minimum coverage car insurance amount. Still, whether you are shopping for minimum or full coverage, there are price variations between carriers and good opportunities to comparison shop for savings.