Maryland home insurance

Every figure below is sourced and dated. Estimates only — not quotes, and not offers of coverage.

Home insurance premium estimator

What homeowners insurance costs in your state, and whether what you pay is out of line.

Is your dwelling coverage actually enough to rebuild — and what a shortfall costs at claim time.

What a higher deductible really saves, how long it takes to pay off, and what a storm deductible actually costs.

Did your renewal go up more than premiums did across your state — and what to do about it.

All six limits on your policy against what the standard form and regulators say to expect — including the liability limit nobody looks at.

Average premium: $2,051/ yr; At $300,000 of dwelling coverage.
Standard deductible: $1,000; Applies to everyday claims.
Storm deductible — separate, and much larger: $6,000(2% of coverage); What you would pay out of pocket on $300,000 of coverage before a storm claim pays anything — not the $1,000 above.
Insurer of last resort: Maryland Joint Insurance Association; Maryland's FAIR plan and insurer of last resort - a state pool, mandated by law, in which every property insurer licensed in Maryland must participate. It writes property coverage for owners who have been unable to obtain essential property insurance in the competitive marketplace, across three programs: Homeowners for owner-occupied single-family homes, condominiums and townhouses; Dwelling Property for rental or leased residential property; and a commercial fire program. Two limits matter. MDJIA writes no commercial liability, and its policies do not cover flood - a Maryland coastal or Chesapeake-adjacent owner still needs separate NFIP or private flood coverage, which is the exposure most likely to cause the loss. It also does not write seasonal homes, active farms or vacant buildings. Coverage is available only through a licensed producer.