What is a good amount of car insurance to carry in Maryland?

"I currently have bodily injury liability limits at $30,000/$60,000 and a property damage liability limit at $50,000. I carry uninsured/underinsured motorist coverage and property damage at the same limits. My personal injury protection is $10,000.

I'm paying $320 a month and my friends think that's crazy. Do I really need all the coverages I have? "

Answer
“Based on the coverages you currently have, you are meeting Maryland’s minimum coverage car insurance requirements. Most experts recommend carrying higher liability and coverages than the state minimum to avoid any financial hardships if you are in an accident.
You should consider raising your liability coverage to ensure that you are protecting your assets. While it may seem like you are paying more than your friends, there are many factors that go into calculating car insurance rates.
Your age, driving record, and where you live all factor into the rate you pay. Also, if your friends are carrying only the minimum coverage, their rate will be significantly lower.
If you’re concerned that you’re paying too much for car insurance, you should shop around. You can get car insurance quotes online to see if there is a more affordable rate for the coverage you’re looking for. “
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Emily Maracle
Answered on May 14, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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