Reviews Report

• USAA, Allstate, Pennsylvania National Mutual, and State Farm remain on our Maryland shortlist; 2025 industry leaders also frequently include Amica, Erie, Nationwide, Travelers and Chubb, depending on your profile.
• The cheapest home insurance provider can vary by ZIP code and profile in Maryland; recent 2025 rate studies show companies like Erie, USAA (eligibility required), Nationwide and State Farm often price among the lowest, but the cheapest in your area can differ. 
• In 2025, average Maryland premiums are about $1,300–$1,450 per year for roughly $300,000 in dwelling coverage, and about $1,000–$1,150 for $250,000.

Homeowners insurance isn’t a legal requirement in Maryland, but if you own a home, it’s a good investment. In 2025, typical Maryland premiums average about $1,300–$1,450 per year for a standard HO-3 policy with roughly $300,000 in dwelling coverage, and about $1,000–$1,150 per year for $250,000 in dwelling coverage — below the U.S. average according to recent state analyses from Bankrate, NerdWallet, and Forbes Advisor.

Finding the best home insurance in Maryland can be challenging because pricing and availability change with risk and market conditions. For this 2025 update, we kept USAA, Allstate, Penn National Mutual, and State Farm on our Maryland shortlist and evaluated them using average rates, discounts, coverage options, financial strength, and third-party indicators such as the J.D. Power U.S. Home Insurance Study, AM Best financial strength ratings, and the NAIC Consumer Information Source.

The 4 Best Homeowners Insurance in Maryland

• USAA: Best Maryland Home Insurance for Military-Focused Coverage
• Allstate: Best Maryland Home Insurance for Optional Coverages
• Pennsylvania National Mutual Casualty Insurance Company: Best Maryland Home Insurance for Discounts
• State Farm: Best Maryland Home Insurance for Online Tools

Information updated in 2025; figures and context reflect current analyses from Bankrate and other sources cited below.

*Data sources include 2025 statewide rate studies from Bankrate and comparable third-party analyses.

**J.D. Power’s 2025 U.S. Home Insurance Study. Based on a 1,000-point scale.

USAA

Allstate

Penn National Mutual Insurance

State Farm

*Data sources include 2025 statewide rate studies from Bankrate and comparable third-party analyses.

**J.D. Power’s 2025 U.S. Home Insurance Study. Based on a 1,000-point scale.

Average Cost of Home Insurance in Maryland

Using 2025 statewide analyses from Bankrate and other sources, we compared the best homeowners insurance rates in Maryland. Typical premiums average about $1,300–$1,450 per year for a standard policy with roughly $300,000 in dwelling coverage, while profiles with about $250,000 in dwelling coverage generally run about $1,000–$1,150 per year. Actual quotes will vary by carrier, ZIP code, deductible and discounts, and may differ from statewide averages published by outlets like NerdWallet, Forbes Advisor and ValuePenguin.

These are sample ranges and should be used for comparative purposes only. Your quotes may be different, and coverage level matters: insurers weigh factors such as roof age/material, prior claims, credit-based insurance score, mitigation devices and deductibles.

The coverage limits in the methodology are as follows:

• Coverage A, Dwelling: $250,000
• Coverage B, Other Structures: $25,000
• Coverage C, Personal Property: $125,000
• Coverage D, Loss of Use: $50,000
• Coverage E, Liability: $300,000
• Coverage F, Medical Payments: $1,000
• The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

Additionally, homeowners in Maryland’s neighboring states pay more or less for home insurance, depending on the risks in the area. Maryland’s coastal and Chesapeake Bay exposure means some shoreline ZIP codes face higher wind risk and special hurricane or named-storm deductibles, and high-tide flooding days along the Mid-Atlantic are increasing, which can influence pricing and underwriting. Learn how hurricane deductibles work in Maryland and see NOAA’s outlook on rising high-tide flooding.

However, every Maryland homeowner pays a different rate for home insurance coverage. Premiums are personalized based on factors like ZIP code, age, claims history, roof age and materials, the size and condition of the home, the amount of coverage requested, and whether you qualify for discounts or choose higher deductibles.

The Cheapest Homeowner Insurance Companies in Maryland

*Based on $250,000 in dwelling coverage; table reflects a 2021 illustrative snapshot and not current 2025 quotes.

Top 3 Cheapest Homeowners Insurance Companies in Maryland 

• Brethren Mutual Insurance Company – $554 per year
• Pennsylvania National Mutual Casualty Insurance – $707 per year
• Travelers – $776 per year

Top 3 Most Expensive Homeowners Insurance Companies in Maryland

• PURE Insurance – $1,911 per year
• Chubb – $1,392 per year
• Nationwide – $1,381 per year

In the 2021 dataset shown above, Brethren Mutual had the lowest average and PURE the highest. In 2025, premiums are materially higher industry-wide and the cheapest carrier varies by location and profile; compare multiple insurers side by side — national studies show companies like Erie, USAA (eligibility required), Nationwide and State Farm often rank among the lower-cost options, while Farmers and Allstate tend to price above average in many profiles (Bankrate, NerdWallet, Forbes Advisor).

Keep in mind that both premiums are based on the average premiums paid by customers and that neither necessarily represents what you would pay. To get a more accurate quote, you will need to contact each company directly. 

Common Home Insurance Perils in Maryland

Because Maryland is located on the coast, there is a strong risk of severe weather that could potentially damage or destroy homes. For instance, flooding is a common occurrence driven by storm surge, tidal/high-tide flooding and heavier downpours. Standard homeowners policies exclude flood; separate flood insurance is needed (see FloodSmart). NOAA also reports that high-tide flooding days are increasing along the Mid-Atlantic, including Chesapeake Bay communities (NOAA outlook).

Additionally, wind and severe convective storms are frequent drivers of insured losses in the region, and coastal policies may include higher wind or named-storm deductibles. FEMA reports Maryland maintains well over 100,000 NFIP flood policies, but take-up is far from universal in at-risk areas (NFIP policies by state; NOAA Billion-Dollar Disasters).

Wildfires can also damage homes in Maryland. The Maryland Forest Service reports the state typically sees hundreds of mostly human-caused fires annually, concentrated in spring and fall (wildfire statistics). 

Add-on home insurance coverage in Maryland 

If you look on your home insurance declaration page, you’ll see that your home insurance policy doesn’t cover everything. That’s why Maryland homeowners should consider purchasing add-on coverages for more protection and to fill gaps in their standard policy.

Flood insurance is one of the most important coverage considerations in Maryland, even if you don’t live along the immediate coastline. Most insurers can place National Flood Insurance Program (NFIP) policies, and some offer private flood options; NFIP policies usually take effect after a 30-day waiting period (FEMA waiting period). Water backup/sump pump coverage can also be beneficial, because home insurance usually doesn’t cover this type of water damage without an endorsement; NFIP only covers sewer/drain backup when a flood is the proximate cause (FloodSmart coverage).

If you keep valuable items in your home, like fine art, jewelry, collections, money, or furs, you may want to consider purchasing scheduled personal property coverage. All of the providers we reviewed offer a type of policy that will extend policy coverage limits for valuable items.

Here are some Maryland home insurance resources that can help you learn more about your coverage needs:

• Maryland Insurance Administration’s Homeowners Insurance Guide
• Baltimore Office of Sustainability’s Flood Insurance Guide
• Maryland Insurance Administration’s Insurance Preparedness for Natural Disasters

Maryland Home Insurance FAQ

Methodology 

We evaluated the companies based on their third-party agency ratings for customer experience, financial stability, as well as coverage options to determine which might be the best providers. 

To compare home insurance companies across the board, we considered the following factors

• Coverage: The more options a home insurance company has for insurance add-ons and coverages, the higher it scores in our methodology.
• Customer Experience: We reviewed the National Association of Insurance Commissioners’ National Complaint Index and compared each homeowners insurance company’s complaint rating.
• Customer Satisfaction: With J.D. Power’s 2025 U.S. Home Insurance Study, we assigned a score to each company based on the rating it received.
• Financial Stability: Reviews.com utilized AM Best ratings to assign a score based on each home insurance company’s financial stability.
• Discounts: We reviewed and compared the number of discounts advertised on each home insurance company’s website. The more available discounts, the higher the score in this metric.

Averages are based on 2025 statewide analyses and rate studies from trusted sources such as Bankrate, NerdWallet and Forbes Advisor. These are sample ranges and should be used for comparative purposes only. Your quotes may be different.

The coverage limits for home insurance rates reflect the following coverage and limits:

• Coverage A, Dwelling: $250,000
• Coverage B, Other Structures: $25,000
• Coverage C, Personal Property: $125,000
• Coverage D, Loss of Use: $50,000
• Coverage E, Liability: $300,000
• Coverage F, Medical Payments: $1,000

The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

Keep Reading

Guide to Homeowners Insurance Coverage

Homeowners Insurance Buyer’s Guide

The Best Companies for Bundling Home and Auto Insurance in 2025