Homeowners insurance in Maryland: premium by ZIP code
Maryland insurers paid out 58% of premium in claims in 2018, one of the highest ratios that year; the median ZIP code paid $1,520 in 2022.
Independent site, not an insurer or a broker. Treasury figures cover 2018 to 2022 only.
Premium per policy in 2022, Maryland (median ZIP code)
$1,520
Average paid per HO-3 or HO-5 policy, inflation-adjusted as published by the Treasury. At September 2026 prices: about $2,025.
| Change from 2018 to 2022, after inflation | +8.7% |
| Premium per policy in 2018 | $1,398 |
| Premium per policy in 2022 | $1,520 |
| 2022 premium carried to September 2026 (BLS index) | $2,025 |
| Policies not renewed by the insurer, 2022 | 0.70% |
| Claims paid per 100 policies, yearly average | 5.9 |
| Average claim paid, 2018 to 2022 (adjusted) | $14,209 |
| Cancelled for nonpayment, 2022 | 0.78% |
Treasury data stop in 2022. The September 2026 figure applies the national BLS price index to the 2022 value, read as 2022 dollars: an estimate, not a quote.
Compiled by Radif Partners · Where the numbers come from · 423 ZIP codes in 24 counties of Maryland in the Treasury file · not a quote
Maryland's median homeowners premium per policy was $1,520 in 2022 in the Treasury file, close to the national $1,551 and ranked 29 of 51, after a rise of +9.5% after inflation from 2018. The striking figure is the loss ratio: insurers paid out 58% of premium in claims in 2018, a year of heavy rain and flash floods around Ellicott City, and stayed near half in later years, 51% in 2022, well above the national median. Baltimore County paid $1,752, Anne Arundel $1,654 and Montgomery $1,638. The dearest ZIP code was 21056 on the Anne Arundel shore, $5,794; the cheapest 21835 on the Eastern Shore, $898. Nonrenewals stayed low, 0.70%. The Maryland Joint Insurance Association covers homes declined elsewhere. The data stop in 2022.
The suburbs of Washington and Baltimore
Montgomery County had 43 ZIP codes in the file and a median of $1,638 in 2022, up +11.6% after inflation. Prince George's County paid $1,556, Baltimore County $1,752 and Anne Arundel County $1,654, all with rises of 8 to 12 percent. The dearest ZIP codes in the state were 21056, on the Chesapeake shore in Anne Arundel County, at $5,794, and 21153 in Baltimore County, horse country north of the city, at $4,665.
Losses near half of premium
A paid loss ratio of 58% means insurers paid out more than half of what they collected, before their own costs. Maryland's ratio was 58%, 45%, 49%, 47%, 51% from 2018 to 2022, above the national median every year. Claims were frequent, 5.9 per 100 policies a year, ranked 14 of 51, and of ordinary size, $14,209. The file does not split claims by cause, but the frequency points to many ordinary repairs rather than a few catastrophes. Sustained ratios like these lead to rate filings, which is why later renewals rose faster than these figures.
Maryland against Virginia or Pennsylvania
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Median premium per policy in Maryland, 2022
$1,520
| Same premium carried to September 2026 with the BLS index | $2,025 |
| Median ZIP change 2018 to 2022, after inflation | 9.5% |
| Cheapest tenth of ZIP codes pays under | $1,193 |
| Dearest tenth of ZIP codes pays over | $2,192 |
The Eastern Shore and western Maryland
The cheapest ZIP codes were 21835 in Dorchester County, on the Eastern Shore, at $898, and 21767 in Washington County, in the west, at $939. The state's range is wide, from under $1,193 for the cheapest tenth of ZIP codes to over $2,192 for the dearest. Low-lying Eastern Shore towns face storm surge, which is flood and needs its own policy.
Renewals and the joint association
Maryland's nonrenewal rate was 0.70% in 2022, ranked 36 of 51, and cancellations for nonpayment were rare, 0.78%. The Maryland Joint Insurance Association writes dwelling fire and homeowners named-peril forms for homes that cannot find a private insurer. The Maryland Insurance Administration reviews complaints. For water damage claims, the claim calculator helps decide whether a small one is worth filing.
Maryland, year by year
| Year | Maryland median ZIP | National median ZIP | Nonrenewal rate | Claims per 100 policies | Paid loss ratio |
|---|---|---|---|---|---|
| 2018 | $1,398 | $1,445 | 0.42% | 7.2 | 58% |
| 2019 | $1,444 | $1,469 | 0.71% | 4.8 | 45% |
| 2020 | $1,482 | $1,491 | 0.53% | 5.8 | 49% |
| 2021 | $1,490 | $1,521 | 0.60% | 4.9 | 47% |
| 2022 | $1,520 | $1,551 | 0.70% | 5.4 | 51% |
The Maryland counties with the most ZIP codes in the file
| County | ZIP codes | Median 2018 | Median 2022 | Change | Nonrenewal 2022 | Average claim |
|---|---|---|---|---|---|---|
| Montgomery County | 43 | $1,504 | $1,638 | +11.6% | 0.53% | $15,679 |
| Baltimore County | 38 | $1,611 | $1,752 | +8.6% | 0.80% | $13,712 |
| Anne Arundel County | 34 | $1,498 | $1,654 | +10.1% | 0.71% | $14,523 |
| Prince George's County | 33 | $1,429 | $1,556 | +8.9% | 0.84% | $12,113 |
| Frederick County | 26 | $1,267 | $1,370 | +11.0% | 0.52% | $14,163 |
| St. Mary's County | 23 | $1,531 | $1,748 | +13.6% | 0.30% | $14,554 |
| Charles County | 21 | $1,443 | $1,623 | +11.6% | 0.70% | $13,392 |
| Baltimore city | 20 | $1,436 | $1,582 | +9.2% | 0.83% | $12,841 |
Highest and lowest premiums per policy, Maryland ZIP codes, 2022
| ZIP code | County | Premium per policy | Change since 2018 | Nonrenewal 2022 |
|---|---|---|---|---|
| 21056 | Anne Arundel County | $5,794 | +12.6% | 1.49% |
| 21153 | Baltimore County | $4,665 | +14.7% | 0.00% |
| 21662 | Talbot County | $4,036 | +9.0% | 0.34% |
| 21612 | Talbot County | $3,177 | +6.8% | 0.88% |
| 21654 | Talbot County | $3,133 | +0.9% | 0.35% |
| 21835 | Dorchester County | $898 | +5.7% | 3.41% |
| 21767 | Washington County | $939 | +6.2% | 0.34% |
| 21521 | Garrett County | $959 | +10.5% | 0.92% |
| 21524 | Allegany County | $963 | +8.0% | 1.52% |
| 21557 | Allegany County | $999 | +4.7% | 1.31% |