Home Renters insurance Renters insurance cost Average renters insurance cost in Maryland Average renters insurance cost in Maryland Discover the average cost of renters insurance in Maryland and how factors like location and coverage levels can impact your rate. View Carriers Please enter valid zip Compare top carriers in your area Written by Shivani Gite Shivani Gite Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. | Reviewed by Nupur Gambhir Nupur Gambhir Nupur Gambhir is an insurance expert and managing editor of Insure.com. She specializes in life and health insurance content, and has experience as a marketing consultant. | Updated on: January 16, 2025 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Renters insurance costs in Maryland vary depending on your coverage level, insurance provider, and personal circumstances. On average, renters in Maryland pay $256 per year or $21 per month for a policy that includes $40,000 in personal property coverage, $300,000 in liability protection and a $1,000 deductible. Key Takeaways The average cost of renters insurance in Maryland is $256 per year or $21 per month.State Farm provides the least expensive renters insurance in Maryland at an average rate of $147 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Maryland. Average renters insurance cost in Maryland per monthThe average cost of renters insurance in Maryland is $21 per month. Your premium may vary depending on your location, the value of your belongings, and the coverage limits you select. It’s recommended that you compare multiple insurance quotes to find the best price.Average renters ins cost per monthDifference compared to national average$21$1 lessAverage renters insurance cost in Maryland by companyRenters in Maryland can find the most budget-friendly insurance with State Farm, which has an average annual cost of $147, according to our data. Other affordable options include Travelers and Erie Insurance.It’s a good idea to gather quotes from at least three insurance providers, as each company calculates premiums differently.Below are the average annual and monthly renters insurance rates from various insurers in Maryland.CompanyAverage annual rateAverage monthly rateState Farm$147$12Travelers$169$14Erie Insurance$251$21American Family$288$24Farmers$295$25Chubb Ltd$333$28Nationwide$370$31Allstate$413$34USAA$147$12 Renters insurance calculator in Maryland Select your state Maryland Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Washington, D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Personal property coverage Covers your personal belongings, such as your furniture, electronics, clothing, artwork, etc. Choose the amount you believe would cover all of your belongings. $40,000 $20,000 $40,000 $60,000 Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $300,000 or $500,000 are recommended. $300,000 $100,000 $300,000 Deductible Choose the amount you want to pay out-of-pocket before insurance kicks in. This applies to your dwelling and personal belongings claims. $1,000 $500 $1,000 Calculate $243/year Estimated renters insurance rates in Maryland $20 Monthly renters insurance cost in Maryland -2% Compared to national average Get quotes Average cost of renters insurance in Maryland by coverage levelAs we discussed above, the average cost of renters insurance in Maryland is $256 per year. These rates are for a coverage level of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible.However, if you lower the personal property coverage from $40,000 to $20,000, you will pay $183 per year for renters insurance in Maryland, which provides $300,000 in liability protection with a $1000 deductible.Below are the average renters insurance costs in Maryland for personal property coverage amounts of $20,000 and $40,000.Coverage levelAverage annual renters insurance rateAverage monthly renters insurance rate$20,000 with $500 Deductible and $100,000 Liability$188$16$20,000 with $500 Deductible and $300,000 Liability$200$17$20,000 with $1,000 Deductible and $100,000 Liability$172$14$20,000 with $1,000 Deductible and $300,000 Liability$183$15$40,000 with $500 Deductible and $100,000 Liability$268$22$40,000 with $500 Deductible and $300,000 Liability$282$23$40,000 with $1,000 Deductible and $100,000 Liability$243$20$40,000 with $1,000 Deductible and $300,000 Liability$256$21$60,000 with $500 Deductible and $100,000 Liability$355$30$60,000 with $500 Deductible and $300,000 Liability$370$31$60,000 with $1,000 Deductible and $100,000 Liability$320$27$60,000 with $1,000 Deductible and $300,000 Liability$335$28Average cost of renters insurance in Maryland by cityRenters insurance premiums can vary widely between cities. To help you choose the right policy, we’ve compiled average costs by location. Explore renters insurance rates across various cities in Maryland and find the best fit for your budget.Renters insurance rates vary from one city to another. But with Insure.com, finding the right renters insurance policy is easy. Learn more about renters insurance costs for different cities below. Renters insurance rates in Maryland by cityBaltimoreBowieFrederickGaithersburgRockvilleAverage cost of renters insurance in Maryland by ZIP codeIn Maryland, the cost of renters insurance can vary significantly across ZIP codes. Here, we’ll show you the ZIP codes where renters insurance is most affordable and where it costs the most.Most affordable ZIP codes for renters insurance in MarylandThe amount Maryland renters pay for insurance largely depends on their ZIP code. Among all the ZIP codes analyzed, 20852 is the state’s most affordable ZIP for renters insurance, with an average annual premium of $232.Since rates differ by ZIP code, comparing quotes is one of the simplest ways to get the most affordable renters insurance policy in Maryland.ZIP codeCityAverage annual rateAverage monthly rate20852North Bethesda$232$1920814Bethesda$233$1920812Glen Echo$233$1920815Bethesda$233$1920895Chevy Chase View$233$1920851Rockville$234$2020896Garrett Park$235$2020837Poolesville$235$2020816Bethesda$235$2021787Taneytown$235$20Least affordable ZIP codes for renters insurance in Maryland21862 is the most expensive ZIP code for renters insurance in Maryland, at an average cost of $304 annually or $25 monthly.We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in Maryland. The table below shows the average annual renters insurance rates by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate21862Showell$304$2521842Ocean City$299$2521864Stockton$290$2421841Newark$290$2421863Snow Hill$289$2421851Pocomoke City$289$2421233Baltimore$289$2421829Girdletree$288$2421836Manokin$288$2421867Upper Fairmount$288$24Final thoughts: Average renters insurance in MarylandRenters insurance is essential for residents of Maryland. It safeguards possessions against damage from fire, theft, vandalism, and natural disasters, ensuring protection in unforeseen circumstances.To get the best renters insurance at an affordable price, shop around and compare quotes from various insurance carriers. In addition to insurance premiums, consider factors such as coverage options, deductibles, and customer reviews to make an informed decision.How much is renters insurance in other statesAlaska$257/YearAlabama$324/YearArkansas$363/YearArizona$260/YearCalifornia$271/YearColorado$191/YearConnecticut$292/YearDelaware$181/YearFlorida$248/YearGeorgia$352/YearHawaii$247/YearIowa$203/YearIdaho$184/YearIllinois$246/YearIndiana$269/YearKansas$251/YearKentucky$207/YearLouisiana$504/YearMassachusetts$262/YearMaine$198/YearMichigan$340/YearMinnesota$211/YearMissouri$231/YearMississippi$387/YearMontana$275/YearNorth Carolina$366/YearNorth Dakota$192/YearNebraska$295/YearNew Hampshire$173/YearNew Jersey$207/YearNew Mexico$201/YearNevada$246/YearNew York$293/YearOhio$252/YearOklahoma$281/YearOregon$288/YearPennsylvania$274/YearRhode Island$476/YearSouth Carolina$294/YearSouth Dakota$202/YearTennessee$290/YearTexas$226/YearUtah$204/YearVirginia$235/YearVermont$182/YearWashington$222/YearWisconsin$167/YearWest Virginia$248/YearWyoming$136/YearShow more Explore other insurance options in Maryland Average homeowners insurance cost in Maryland Average car insurance cost in Maryland Non-owner auto insurance in Maryland Shivani GiteContributing Writer | . .Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. In case you missed it What is HO-6 condo insurance and how much does it cost? Average homeowners insurance cost by ZIP code in 2025 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Hurricanes and home insurance: How hurricane insurance works How replacement cost coverage works when you file a claim How much do claims increase home insurance rates? Mobile home insurance cost and coverage in 2025 Homeowners insurance basics Home Insurance Advisor Cheapest homeowners insurance in 2025 How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home insurance discounts for cheaper rates How much does dog liability insurance cost and do you need it? Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles Cost of living calculator By Nupur Gambhir $400K home insurance cost calculator By Zack Sigel Average homeowners insurance cost by ZIP code in 2025 By Barry Eitel Hurricane insurance costs in Florida: What you should expect By Sarah Sharkey Does homeowners insurance cover a total loss to your house? By Nupur Gambhir State Farm home and auto bundle insurance in 2025 By Jessica Olson On this page Average renters insurance cost in Maryland per monthAverage renters insurance cost in Maryland by companyAverage cost of renters insurance in Maryland by coverage levelAverage cost of renters insurance in Maryland by cityAverage cost of renters insurance in Maryland by ZIP codeFinal thoughts: Average renters insurance in Maryland ZIP Code Please enter valid ZIP See rates (844)-761-9316