If you are a teen driver in Maryland looking for the best auto insurance, you might want to compare the rates and coverage options offered by different companies. According to some sources, the average annual cost of insurance for teens in Maryland is around $4,500, which is higher than the national average of $3,500. However, some companies may offer lower rates or discounts for teens who meet certain criteria, such as good grades, driver education or safety features.
One of the companies that offers competitive rates for teen drivers in Maryland is Geico. Geico has an average annual rate of $3,200 for teens in Maryland, which is about 29% lower than the state average. Geico also offers discounts for good students, defensive driving courses and multi-policy bundling. Geico has a high customer satisfaction rating of 834 out of 1,000 in the Mid-Atlantic region according to J.D. Power.
Another company that offers good rates for teen drivers in Maryland is Travelers. Travelers has an average annual rate of $3,485 for teens in Maryland, which is about 23% lower than the state average. Travelers also offers discounts for good students, driver training and multi-car policies. Travelers has a decent customer satisfaction rating of 810 out of 1,000 in the Mid-Atlantic region according to J.D. Power.
A third company that offers affordable rates for teen drivers in Maryland is State Farm. State Farm has an average annual rate of $3,535 for teens in Maryland, which is about 21% lower than the state average. State Farm also offers discounts for good students, driver education and safe driving habits. State Farm has a good customer satisfaction rating of 828 out of 1,000 in the Mid-Atlantic region according to J.D. Power.
These are some of the major auto insurance companies that have the best auto insurance for teen drivers in Maryland and their average annual cost of insurance for teens. However, the rates may vary depending on the individual driver's profile, such as age, gender, driving record and location. Therefore, it is advisable to compare quotes from multiple companies before choosing a policy.
Citations:
: https://www.usnews.com/insurance/auto/cheap-car-insurance-maryland
: https://www.geico.com/save/discounts/car-insurance-discounts/
: https://www.travelers.com/car-insurance/discounts
: https://www.statefarm.com/insurance/auto/discounts