Maryland Homeowners Insurance

Insurance Maryland Homeowners Insurance
Homeowners Insurance Maryland: Finding the best Rates

Maryland Homeowners Insurance

Sr22 Insurance Maryland

Homeowners insurance rates not as savory as your crab cake? Let A Plus Insurance fix that for you!

Which Insurance Company has the best rates for Maryland Homeowners Insurance?

Just because you want the best coverages for you home, doesn’t mean you want to pay a whole lot. Here are some companies that have the best and lowest prices on Homeowners Insurance in Maryland!

If you spend the extra time to shop a few Home Insurance companies, you will have a better idea if you are really getting the best bang for your buck, and it will give you a better understanding of the different coverage options each company offers.

CompanyRank
Farmers Insurance1
Nationwide2
MetLife Inc.3
Auto-Owners4
Liberty Mutual5
American International6
Chubb7
American Family8
Progressive9
Maryland Home Owners Insurance


Which companies offer Maryland Homeowners Insurance?

Did you just purchase a home in Maryland? We made it easy for you and listed a few companies that offer Homeowners there!

Since all companies vary in coverages offered, and prices, its best to shop multiple insurance providers before making a final decision. We make it easy for you, and are able to shop our companies to compare costs and coverages in a matter of minutes. Call one of our agents today for a free Home Insurance quote.

CompanyHomeowners Offered
MetLife Inc.yes
USAAyes
Auto-Ownersyes
State Farmyes
Hartfordyes
Farmers Insuranceyes
Travelersyes
American Internationalyes
Progressiveyes
American Familyyes
Allstate Corp.yes
Chubbyes
Liberty Mutualyes
Nationwideyes
Maryland Homeowners Insurance

Maryland Homeowners Insurance Discounts You Need to Know About!

Everyone wants discounts where they can get them! Did you know that there are numerous ways you can get discounts on your homeowners insurance? We have listed some below for you to check out!

While some discounts like auto pay, or paid in full are well known to policyholders, there are other safety features that can give you a good discount on your policy premium such as smoke alarms, automatic water shut off and water sensers, as well as home protection systems.

Gated community
Smoke detector (monitored)
EFT
Non-smoking discount
Upgraded roof
Upgraded plumbing
Home monitoring / Bruglar
New home discount
Married discount
Bundling Multiple Polices
Maryland Homeowners Insurance

Products to bundle with Maryland Homeowners Insurance

You know bundling your home and auto can save you money! But did you know that you can bundle other things with your homeowners insurance and save? Look at some ideas below!

By bundling your auto, home, and ATV, you will save money on each individual insurance policy which can lead to hundreds of dollars extra in your pocket!

ATV
RV
Boat
Umbrella
Business
Motorcycle
Health
Auto
Life
Maryland Home Owners Insurance

Maryland Homeowners Insurance:

Cheapest Homeowners Rates by city

We wanted to help you see who has the cheapest Homeowners insurance rates in each city in Maryland. Check out your city and see who it is!

When purchasing a new home, location should be a factor to consider the cost of insurance, as well as your desired location. Some homes have high brush fire scores, which make it more expensive to insure, or other associated risks.

 
Click Here to View a List of Best Rates by City

CityCompany
ElkridgeProgressive (ASI)
North BethesdaFarmers
TowsonLiberty Mutual
North PotomacAllstate
Bel Air SouthProgressive
ColumbiaLiberty Mutual
ClintonLiberty Mutual
FairlandFarmers
GermantownLiberty Mutual
ChillumProgressive
LaurelLiberty Mutual
Ballenger CreekProgressive (ASI)
ParkvilleAmica
ArnoldAmica
Owings MillsTravelers
Middle RiverState Farm
ArbutusTravelers
WoodlawnUSAA
RosedaleNationWide
CroftonFarmers
CarneyNationWide
Oxon HillTravelers
Milford MillAmerican Family
AnnapolisUSAA
WheatonAmerican Family
SalisburyProgressive
Perry HallProgressive (ASI)
White OakNationWide
HyattsvilleTravelers
Ellicott CityProgressive
ClarksburgLiberty Mutual
DundalkProgressive
GreenbeltTravelers
BeltsvilleTravelers
RandallstownChub
BaltimoreNationWide
FrederickNationWide
RockvilleLiberty Mutual
Glen BurnieLiberty Mutual
CockeysvilleUSAA
Fort WashingtonTravelers
LandoverTravelers
OdentonChub
EdgewoodLiberty Mutual
PikesvilleTravelers
Langley ParkNationWide
South LaurelTravelers
CumberlandFarmers
EldersburgUSAA
IlchesterLiberty Mutual
Severna ParkUSAA
Bel Air NorthState Farm
GaithersburgTravelers
Maryland Home Owners Insurance

Will my Maryland Home Insurance policy cover mold?

While some Insurance companies have policy exclusions, meaning things that they will not cover, you can get mold damage covered on your home insurance policy. If mold damage is the result of a sudden, unexpected occurrence such as a pipe burst that then caused mold damage, you will most likely be covered. If mold has resulted from the owners own negligence, it is unlikely that will be covered under the home insurance policy. Some companies offer special endorsement coverages to cover these instances, check with your insurance company to see if they offer this for an additional cost.

Most common Causes for Loss and claims for Maryland Homeowners Insurance (and nationwide)

By having homeowners insurance you are protecting yourself from the day to day unknown. There are so many things that can cause a loss to your home, so it’s good to be protected!

One of the most common claims that are made on Homeowners policies are injuries, secondly are weather related claims such as hail damage. If you live in an area with a lot of wind/hail damage, your insurance prices may be more.

Injuries
Other Weather related
Theft
Water Damage
Vandalism
Lightning
Loss of Use
Hail
Fire
Wind
Maryland Home Owners Insurance

Why Your Policy Might be so High: Rating factors for Maryland Homeowners Insurance

Many things go into making up homeowners insurance rates. Some of these factors are listed below for your review.

Some of the biggest liabilities for insurance companies are properties with a swimming pool, or trampoline. Since swimming pools that are unfenced can become a liability, most insurance companies will not insure a home that does not have a locked fence around the entire pool. Most companies also will not insure a home that has a trampoline, or they may have special policy exclusions to not cover if someone were to get hurt on the trampoline.

Protection Class Proximity to fire station
Home liability limits
Upgrades to Wiring plumbing
Dog breed
Deductible
Swimming pool or hot tub
Roof condition
Wood-burning stoves
Claims
Insurance score
Credit history
Value of home Replacement cost
Age of Home
Home-based business
Maryland Home Owners Insurance

Maryland Homeowners Insurance: Do You Know What Your Insurance Covers?

Maryland Home Owners Insurance
Click here for your quick guide on what damages are ACTUALLY covered by homeowners insurance.

Maryland Homeowners Insurance:

Average Cost of Homeowners (by city)

Homeowners rates can be different by city, state and company. Here are some companies with great AM ratings, check them out to see some rates!

When searching for reputable insurance companies, make sure to check AM Best and JD power to find all the ins and outs of each company. These sites will rate the companies on every category such as customer service, claims process, etc.

 
Click Here to View Average Cost by City

CityPrice
Pikesville$1,376.00
Hyattsville$1,390.00
Silver Spring$1,167.00
Olney$1,279.00
Bowie$1,130.00
Landover$1,146.00
Oxon Hill$1,325.00
Clinton$1,300.00
Owings Mills$1,318.00
Wheaton$1,296.00
Dundalk$1,358.00
Carney$1,344.00
Germantown$1,281.00
Laurel$1,123.00
Seabrook$1,238.00
North Bethesda$1,393.00
Baltimore$1,353.00
Ilchester$1,329.00
Elkridge$1,222.00
Annapolis$1,354.00
Rockville$1,388.00
Westminster$1,349.00
Parkville$1,289.00
Chillum$1,323.00
College Park$1,315.00
Eldersburg$1,266.00
North Laurel$1,299.00
Cumberland$1,154.00
Fort Washington$1,335.00
Suitland$1,199.00
Bel Air North$1,261.00
Clarksburg$1,134.00
White Oak$1,397.00
Perry Hall$1,366.00
Fairland$1,373.00
Greenbelt$1,362.00
Middle River$1,371.00
Woodlawn$1,295.00
Salisbury$1,159.00
North Potomac$1,330.00
Glen Burnie$1,259.00
South Laurel$1,423.00
Towson$1,164.00
Aspen Hill$1,404.00
Cockeysville$1,245.00

How Much Is Maryland Homeowners Insurance? Rates by company

Of course, homeowners insurance rates vary per each company. Why not get multiple quotes at once to compare your options?

You could be paying more than you need to in home insurance, so every year when you get your renewal, check around to see if there are other competitive prices which may save you money.

CompanyHomeowners ($250,000)
Liberty Mutual$1,453
State Farm$1,366
USAA$1,521
Hartford Financial Services$1,265
Chubb$1,447
Erie Insurance$1,327
Travelers Companies Inc.$1,509
MetLife Inc.$1,385
Progressive$1,291
Farmers Insurance Group$1,507
Auto-Owners Insurance$1,423
American Family Insurance$1,262
Nationwide Mutual$1,370
Allstate$1,313

Maryland Homeowners Insurance Most Frequently Asked Questions

What is the average cost of homeowners insurance in Maryland?

The average cost for homeowners insurance in Maryland is $1100-$1400 a year.

Is homeowners insurance required in Maryland?

Although homeowners insurance is not required in Maryland, if you have a loan on the home you will need to have the home insured.

What is the Maryland homeowners tax credit?

The Maryland Homeowners’ Property Tax Credit sets a limit on the amount of property taxes any homeowner must pay based on their income.

Questions About Homeowners Insurance In Another State?


Insurance varies greatly from state to state. Click on your state to find out more specifics about homeowners insurance.

AL AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY

Or If You’re Ready…

If you have all the information you need, get a homeowners quote now!

Other Guides to the Best Insurance Rates in Maryland

Best Auto Insurance in Maryland
Cheapest SR22 Insurance In Maryland
Motorcycle Insurance In Maryland: Best Rates

Additional Links

Best Homeowners Insurance in Missouri

Last Updated on June 22, 2022 by alexandra Vileikis