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Call Us Now: At HomeInsurance.com you can compare up to four homeowners insurance quotes with the leading providers in the country. Our team of licensed consultants will shop your Maryland home insurance policy to make sure you are getting the best rate on the most comprehensive coverage. Qualify for discounts and then sit back, relax while we take care of the rest.
Homeowners in Maryland are paying around $645.00 for home insurance as of September of 2011. Rates have increased since August when Maryland homeowners insurance premiums were approximately $638.00. The rate of $645/year includes standard coverage and not flood or earthquake damage which is covered under a separate policy. Read more about flood insurance.
Average Premiums for Home Insurance In Maryland |
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| Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 |
| $645.00 | $638.00 | $626.00 | $611.00 | $611.00 |
Since average Maryland homeowners insurance premiums have increased, you should stay mindful of how much you are paying to insure your home. Taking advantage of discounts can make sure your rates stay low while keeping your coverage intact. The biggest savings can usually be found with a home-auto discount which can save you around 20% on your Maryland policy. Other discounts may be offered for homes that have burglar alarms and deadbolt locks.
Standard Maryland Home Insurance Coverages
| A | Dwelling: A standard Maryland homeowners insurance policy should include enough dwelling coverage to pay for the replacement or repair of your home when and if it is damaged in a covered peril |
| B | Other Structures: Other structures such as detached garages or sheds would also be covered under a standard Maryland home insurance policy |
| C | Contents/Personal Property: A Maryland home insurance policy will also typically provide coverage for the contents of your home including furniture, electronics, clothing and other personal belongings. |
| D | Loss of Use: If your Maryland home is damaged in a covered peril, ‘Loss of Use’ coverage pays for alternative accommodations and living expenses while you are unable to live in your home. |
| E | Personal Liability Protection: In Maryland, your standard homeowners insurance policy will typically provide financial protection in the event of a lawsuit where you have caused damage or bodily harm to another person or their personal property. |
| F | Medical Payments: Medical Payments coverage, or Maryland MedPay, offers reimbursement for medical bills if someone other than you or a family member is injured on your property and a lawsuit is not involved. |
Maryland Homeowners Insurance News
- Maryland fire destroys home, antique vehiclesWednesday, December 14, 2011
- Maryland fire kills one child, wounds three othersThursday, January 20, 2011
- Heavy summer thunderstorm causes damage across D.C.Monday, July 26, 2010
- Earthquake brings up insurance topicsMonday, July 19, 2010
Other Maryland Homeowners Resources:
- Home Insurance Quiz- How much do you know about your Maryland home insurance policy? Quiz yourself!
- Homeowners Insurance Calculator- How much Dwelling Coverage do you need? See average dwelling costs in Maryland
- Maryland Home Inventory Checklist- Download and Print our home inventory checklist for free.
Search for home insurance in your Maryland county:
Customer Reviews in Maryland
For additional information about specific insurance laws in Maryland, visit the Maryland Insurance Administration website.
