Maryland renters insurance

Maryland renters insurance coverages

Check out the four standard coverages on nearly all Maryland renters insurance policies:

• Personal property protects your personal belongings, including furniture, clothing, and electronics whether they're inside your apartment or elsewhere
• Loss of use helps cover costs associated with an increase in living expenses, up to your policy's limit, if you're unable to stay in your home while it's being repaired or rebuilt due to a covered loss
• Personal liability protects you financially if you're legally responsible for another person's injuries or damage to their property
• Medical payments to others pays for medical expenses due to a covered occurrence

Additional coverages

The best renters insurance in Maryland is always a policy with customized coverage. Here are some extra options for when you need more protection:

• Add a rider: Certain valuable items, like jewelry, may have specific limits on your renters policy. If your item exceeds the limit, you may be able to purchase an endorsement called a rider for your policy to cover the item for its value.
• Personal injury coverage: May pay for legal fees and damages if you're liable for slander or defamation.
• Water back-up coverage: Water that backs up through sewers or drains or discharges from a sump pump may not be covered by a standard renters policy. Water back-up coverage may pay for the damage to your belongings and water removal costs.

Learn more about all of our renters insurance coverages.

Is renters insurance required in Maryland?

Renters insurance isn't required by law in Maryland, but your landlord or rental company may require you to have a policy before moving in. Even if it's not required, a renters policy can provide important safeguards against unexpected events.

Is renters insurance worth it in Maryland?

A renters insurance policy offers affordable protection and may cover you and your property in various situations, such as:

• Your apartment complex is burglarized, and your bicycles are stolen from an exterior storage unit. Personal property coverage may pay to replace the bikes, up to your policy's limit.
• Water damage to your rental home or unit requires you to stay in a hotel while repairs are being made. Loss of use coverage may reimburse you, up to your policy's limits, for lodging and other costs incurred during your temporary stay.
• You host a party, and a guest slips and falls. Medical payments coverage may cover their medical bills, up to your coverage limit.

How much is renters insurance in Maryland?

Progressive renters policies in Maryland had an average monthly price of $17.48, or $209.73 for an annual policy, in 2023.^** Remember that your cost for renters insurance is determined by several factors, including your location, type of residence, and claims history.

Coverage limits can also impact your rate. Use our personal property calculator to help you take an accurate home inventory to ensure you get the right amount of coverage.

How can I save on renters insurance in Maryland?

Take advantage of renters insurance discounts with Progressive to reduce your premium. You may save by bundling multiple policies, quoting in advance, paying in full, and living in a secured or gated community.

There may also be discounts that are only available in your state or county. Call 1-866-749-7436 to help ensure you're getting all applicable discounts currently applicable to you and where you live.