Protect your family's home if something happens to you. Compare top carriers and average costs for Maryland residents.
Mortgage protection insurance ensures your family can keep their home by paying off the remaining mortgage balance if you pass away. It provides peace of mind that your loved ones won't face foreclosure during an already difficult time.
The Maryland Insurance Administration regulates all insurance activities. Maryland has strong consumer protections with a 10-day free-look period and detailed disclosure requirements.
Maryland has a population of 6.2 million with a median age of 39.4. Mortgage Protection insurance is designed for homeowners with active mortgages, with coverage typically ranging from $50,000 - $500,000.
Compare rates from top mortgage protection insurance carriers.
The table below shows estimated monthly premiums for mortgage protection insurance in Maryland. Actual rates vary based on age, health, and coverage amount.
| Coverage Amount | Est. Monthly Premium |
|---|---|
| $100,000 | From $30/mo |
| $200,000 | From $50/mo |
| $300,000 | From $71/mo |
| $500,000 | From $112/mo |
* Rates are estimates for a healthy individual. Your actual rate may vary.
These are among the most popular and highly-rated carriers offering mortgage protection insurance to Maryland residents:
Working with an independent agent like CoverMeOnline gives you access to quotes from multiple carriers so you can find the best rate.
Compare rates from top mortgage protection insurance carriers.
Maryland residents can choose from term life, whole life, final expense, IUL, mortgage protection, and veteran-specific life insurance products from numerous licensed carriers.
You can file a complaint with the Maryland Insurance Administration online, by phone at (410) 468-2000, or by mail. They investigate complaints against licensed insurers.
Yes, Maryland has many military-connected residents who can access SGLI, VGLI, and private veteran-specific life insurance policies.