Maryland Homeowners Insurance (2025 Guide)
Quick answer: Maryland premiums cluster near the national average, with Baltimore and coastal areas trending higher. Standard HO-3 covers fire, wind, theft, and liability—not flood. For the best price and fit, always compare carriers before you renew.
Average Cost of Home Insurance in Maryland
Rates vary by city, roof age, and claims. Coastal exposure and Baltimore ZIPs can run higher; suburbs and inland counties often lower. For an exact number, check your address.
Relative Cost Index by Area (Illustrative)
Educational index only; actual premiums depend on home features and underwriting. Get a personalized rate.
What Does a Maryland Homeowners Policy Cover?
- Covered: Dwelling, personal property, liability, loss of use; perils like fire, wind, theft, vandalism, sudden water discharge.
- Excluded: Flood, earth movement, wear/tear. Flood requires a separate NFIP or private policy.
Popular Maryland Home Insurance Carriers
Availability varies by profile, home features, and ZIP. We regularly quote the following carriers in Maryland—use this as a directional view, then run live quotes to confirm eligibility.
Carrier Presence (Illustrative)
Bars are illustrative for UI only—not endorsements or guarantees. Verify real-time eligibility when you compare quotes.
Coverage Examples
| Coverage | Example Claim | Notes |
|---|---|---|
| Dwelling (A) | Windstorm damages roof | Insure to rebuild cost; watch wind/hail deductibles |
| Personal Property (C) | Burglary loss | Choose replacement cost for belongings |
| Liability | Slip-and-fall injury | $300k–$500k is common; consider umbrella |
| Flood (separate) | Heavy rain/rising water | Requires NFIP or private flood coverage |
Check sub-limits (jewelry, collectibles) and endorsements like water backup or service line. Customize your coverage.
How to Save on Maryland Home Insurance
- Compare multiple carriers (we’ll shop for you).
- Bundle home + auto for multi-policy discounts.
- Mitigate risk: monitored alarms, water-leak sensors, roof upgrades.
- Choose deductibles strategically (align with emergency fund).
- Keep a clean claims record; ask about loss-free credits.
Helpful Links
Maryland Homeowners Insurance FAQs
What’s the average cost of homeowners insurance in Maryland?
Costs vary by city, rebuild cost, roof age, and claims. Baltimore/coastal areas trend higher. For your exact price, get a quote by address.
Who are the best homeowners insurance companies in Maryland?
“Best” depends on your profile. We commonly quote Nationwide, Liberty Mutual, American Family, Progressive (ASI), Chubb, Auto-Owners, Farmers, and others. Compare side-by-side to see price + coverage fit: start here.
How do I get cheap homeowners insurance in Maryland?
Bundle home + auto, raise deductibles sensibly, install security/water-leak sensors, and shop multiple carriers. We’ll model trade-offs when you compare quotes.
Is homeowners insurance required in Maryland?
Not by law, but mortgage lenders require it until the loan is paid off. If you own the home outright, it’s still highly recommended. Check required limits.
Does my policy cover flood?
No. Standard HO-3 excludes flood/rising water. Consider NFIP or private flood, especially near rivers/coast. Add it when you request quotes.
What coverage limits should I choose?
Insure the dwelling to rebuild cost; pick replacement cost on contents; liability $300k–$500k (or more with an umbrella). Verify sub-limits for valuables. We’ll tailor limits when you compare policies.
How do deductibles work?
Most MD policies use a flat deductible; some may have separate wind/hail. Align your deductible with savings for emergencies. Compare structures when you get quotes.
Does roof age affect my premium?
Yes. Older roofs can increase premiums or result in ACV (depreciated) settlements. Ask about roof schedules when you shop carriers.
What endorsements are common in Maryland?
Water backup, equipment breakdown, service line coverage, and higher jewelry/valuables sub-limits. Add them when you customize coverage.
Is Baltimore more expensive for home insurance?
Often, due to rebuild cost, density, and claim frequency. Surrounding counties may price differently. Compare Baltimore vs. county quotes by address.
Are short-term rentals or home businesses covered?
Usually not without endorsements or a different policy form (landlord/DP or business coverage). Tell us your use when you request quotes.
How does the claims process work?
Report the loss → mitigate damage → adjuster inspection → estimate → payment → repairs. Keep photos/receipts. Talk to a broker.
Last Updated on by Jayleen Ridgeway