🏡 Homeowners Insurance Calculators Maryland

Maryland Homeowners Insurance Calculator

Estimate Maryland homeowners insurance cost. Average: $1,650/year. Calculate based on home value, coverage, and risk factors.

Free — No Sign-up Verified Data Editorially Reviewed Updated
Maryland Quick Facts
5.8% Income Tax Rate
1.09% Property Tax Rate
$90,203 Median Income
115.4 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator estimates homeowners insurance premiums in Maryland based on the statewide average of $1,650/year. Adjustments are made for dwelling coverage amount, deductible level, risk factors (pool, trampoline), credit score, home age, and claims history. Maryland's rates reflect local weather risks, building costs, and regulatory factors.

Key State Information

Maryland average homeowners insurance: $1,650/year. Maryland's rates are below the national average.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
Insurance.com, NAIC
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much is homeowners insurance in Maryland?

The average annual homeowners insurance premium in Maryland is $1,650, or about $138/month. Actual costs depend on home value, location, coverage amount, deductible, and other factors.

What does homeowners insurance cover in Maryland?

A standard HO-3 policy covers dwelling damage (your home), personal property (belongings), liability (if someone is injured on your property), and additional living expenses (if your home is uninhabitable).

How can I save on homeowners insurance in Maryland?

Increase your deductible, bundle with auto insurance (saves 10-25%), improve home security (alarm, deadbolts), maintain good credit, avoid filing small claims, update your roof and electrical/plumbing systems, and shop around annually.

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