Best Homeowners Insurance in Maryland (2024)

Chubb is the top home insurance provider in Maryland, with services tailored to individual needs. If you prioritize cost over service, State Farm is the most affordable choice. It is also the best option for those with high-value estates. Nationwide is the best insurer for new homes.

We typically used a $100,000 dwelling coverage limit to compare quotes accurately. The amount of dwelling coverage you need influences your premium. MoneyGeek also evaluated the cheapest home insurance in Maryland for those prioritizing budget, irrespective of service quality.

Chubb offers the best homeowners insurance in Maryland. Homeowners looking for reliable coverage should consider these top two options:

• Chubb: MoneyGeek score of 94 out of 100 ($936 per year)
• State Farm: MoneyGeek score of 91 out of 100 ($719 per year)

Maryland homeowners have a variety of companies to choose from, each offering various cost and service levels. Striking the right balance between affordability and quality service to meet your unique needs is crucial. With careful consideration, you can find a policy that provides both financial protection and excellent customer support.

Chubb is the best home insurance provider in Maryland due to its exceptional service quality. These are the top two insurers for homeowners looking for top-tier service in the Old Line State:

• Chubb: MoneyGeek score of 96 out of 100 ($936 per year)
• Nationwide: MoneyGeek score of 81 out of 100 ($1,029 per year)

Valuing service quality in a home insurance provider ensures prompt and caring responses when you need them the most, such as during a distressing event like a house fire or burglary. Opting for providers with a high service quality score can mean the difference between a seamless claims process and a drawn-out, stressful ordeal.

State Farm offers the cheapest homeowners insurance in Maryland for budget-conscious homeowners, delivering the right balance between cost and coverage. These are the best and cheapest home insurance providers for those on a budget:

• State Farm: MoneyGeek score of 94 out of 100 ($719 per year)
• Chubb: MoneyGeek score of 93 out of 100 ($936 per year)

Competitively low premiums don't always mean you can expect the best service. Considering the average cost of homeowners insurance in Maryland, savvy homeowners should prioritize a provider that ensures both wallet-friendly rates and reliable service to avoid future issues like a delayed claims process after a storm.

State Farm is the top choice for homeowners with expensive homes in Maryland. The providers below are the best home insurance options for those needing $1 million in dwelling coverage.

• State Farm: MoneyGeek score of 92 out of 100 ($3,820 per year)
• Nationwide: MoneyGeek score of 84 out of 100 ($5,271 per year)

State Farm leads with the highest MoneyGeek score and boasts a perfect affordability score. If you own an expensive home, it's essential to secure adequate coverage and find a provider that delivers an ideal mix of value and quality.

Nationwide is the best choice for those with new homes seeking top-notch home insurance in Maryland. These are the top two providers offering homeowners insurance with a $500K dwelling coverage in Maryland, presenting an excellent blend of value and quality for your new home.

• Nationwide: MoneyGeek score of 79 out of 100 ($1,425 per year)
• Chubb: MoneyGeek score of 57 out of 100 ($3,264 per year)

Nationwide leads with a perfect affordability score and a robust service score, creating a winning mix for homeowners prioritizing both cost efficiency and dependable service.

For veterans seeking homeowners insurance, USAA is the best provider in Maryland. It offers policies exclusively to military members, veterans and their families. These are the best and most affordable homeowners insurance providers in Maryland for veterans and military families:

• USAA: MoneyGeek score of 89 out of 100 ($953 per year)
• Chubb: MoneyGeek score of 87 out of 100 ($936 per year)

The right homeowners insurance company for veterans knows their distinct needs and circumstances, like frequent moves and the possibility of deployment. These providers ensure that homes and possessions are safeguarded no matter the situation.

The best homeowners insurance providers deliver comprehensive coverage and exceptional customer service at an affordable premium. Finding the ideal policy hinges on your requirements, which include property specifics and personal preferences for risk management. These steps will help you pinpoint the homeowners insurance tailored to your situation, directing you to safeguard your home while respecting your budget.

Choosing the best homeowners insurance provider in Maryland is a personalized decision that reflects your unique coverage requirements and financial situation. Review these frequently asked questions for insights into Maryland's top homeowners insurance options, tailored to help you make an informed choice.