State Farm offers the most affordable minimum coverage for low-income drivers with clean records and good credit in Maryland. It's also the cheapest for drivers with traffic offenses. Progressive is often more affordable for those with bad credit.
Cheapest Low-Income Car Insurance in Maryland
Updated: February 4, 2025
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Key Takeaways
While Maryland doesn't have a low-income car insurance program, affordable plans are available to meet state minimum coverage requirements.
The cheapest options for most low-income drivers in Maryland are State Farm, Progressive, GEICO and Kemper.
Low-income drivers can save the most on car insurance by comparing providers and exploring discounts.
Cheapest Car Insurance Companies for Low-Income Drivers in Maryland
| State Farm | Young Drivers | $69 |
| State Farm | Adults | $59 |
| State Farm | Seniors | $62 |
| State Farm | Drivers With a Speeding Ticket | $64 |
| State Farm | Drivers With a DUI | $64 |
| State Farm | Drivers With an Accident | $73 |
| Progressive | Bad Credit | $77 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table to find the most affordable provider for your driver profile.
Data filtered by:Results filtered by:
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Age Range:30-59
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Driving Record:Clean
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Credit Score:Good
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Coverage Level:State Minimum Liability Only
| State Farm | $59 | $703 |
| GEICO | $64 | $765 |
| Travelers | $65 | $784 |
| Progressive | $69 | $829 |
| Nationwide | $70 | $837 |
Cheapest Car Insurance for Families With Low Income in Maryland
Kemper offers the cheapest rate for low-income married couples with a teen in Maryland at $69 monthly. Single parents with a teen and married couples without a teen can find the best rates with Progressive at $140 and $43, respectively.
Data filtered by:Results filtered by:
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Family Type:Married Couple with Teen
| Kemper | $822 | $69 |
| Progressive | $940 | $78 |
| GEICO | $1,116 | $93 |
| Travelers | $1,193 | $99 |
| Nationwide | $1,427 | $119 |
| Allstate | $1,496 | $125 |
| State Farm | $1,549 | $129 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Follow these tips to keep your insurance costs affordable:
- 1
Choose minimum coverage
State-minimum coverage meets legal requirements at a low cost but provides limited protection and may not cover all expenses in an at-fault accident.
- 2
Compare quotes
Compare quotes from multiple providers to find an affordable option. Use provider websites, independent brokers and online tools to comprehensively evaluate your options.
- 3
Look for discounts
Insurance companies provide discounts for good students, safe drivers, military members or veterans and those who complete a defensive driving course, giving potential savings on premiums.
- 4
Increase your deductible
Raising your deductible on collision or comprehensive plans can reduce monthly premiums. Ensure you can cover the higher cost if a claim arises.
- 5
Consider pay-per-mile insurance
Pay-per-mile insurance suits low-mileage drivers by combining a low base rate with a per-mile fee, saving money by charging only for miles driven.
- 6
Bundle your policies
Bundling auto insurance with home or renters insurance can result in substantial savings.
- 7
Get a cheaper car
Opting for a cheaper car to insure, like an older and more reliable vehicle, can substantially lower premiums.
Minimum Car Insurance Requirements in Maryland
Drivers in Maryland must meet these minimum car insurance requirements:
- $30,000 in bodily injury liability per person
- $60,000 in bodily injury liability per accident
- $15,000 in property damage liability per accident
If you're leasing or financing a vehicle, you'll need liability coverage of 100/300/100, along with comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum car insurance meets legal requirements, covering the other driver’s costs if you cause an accident. However, it won’t cover your car repairs or legal expenses. Frequent drivers should consider higher coverage for added protection if it fits their budget.
Cheap Low-Income Car Insurance in Maryland: Bottom Line
State Farm offers the cheapest car insurance for most low-income drivers in Maryland, including high-risk drivers with speeding tickets, DUIs or accidents. Progressive provides the lowest rates for drivers with poor credit. Comparing multiple providers can help secure the best deal.
Low-Income Auto Insurance in Maryland: FAQ
Low-income drivers often struggle to get affordable car insurance. Here are answers to common questions about saving money.
What is the cheapest car insurance for low-income drivers in Maryland?
Minimum coverage is typically the most affordable auto insurance type for low-income drivers, even though it may not suffice if the car is leased or financed. State Farm offers the lowest minimum coverage rate in Maryland at $59 monthly, and Nationwide provides the cheapest full coverage at $109.
Does Maryland have a state-supported low-income car insurance program?
Maryland has no state-backed program assisting low-income drivers with car insurance.
Does your income affect the cost of car insurance in Maryland?
In Maryland, income doesn't directly affect car insurance costs. Instead, factors like driving history and vehicle type determine premiums.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek reviewed Maryland auto insurance rates using data from the Maryland Insurance Administration and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek analyzed 328,384 quotes from 14 companies across 370 ZIP codes to determine the average cost of car insurance for drivers with low income in Maryland.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Maryland:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
To determine rates for specific driver profiles, we adjusted factors such as age, family status, driving history and credit standing.
Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
Our data shows rates for minimum coverage, which follows the requirements set by Maryland law, and offers affordable options for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.