ACM Insurance Agency, Inc.
378 W Main St, Ste B, Elkton, MD 21921
View this agency's profile to learn more about their services.
Loading...
City directory
Elkton households and business owners trust local agents to navigate carrier appetite shifts, underwriting requirements, and the claims process.
Compare local agents, coverage options, and specialties to find the right fit for your insurance needs.
378 W Main St, Ste B, Elkton, MD 21921
View this agency's profile to learn more about their services.
272 Mackall St, Elkton, MD 21921
View this agency's profile to learn more about their services.
160 W Main St, Elkton, MD 21921
View this agency's profile to learn more about their services.
Learn about insurance coverage options specific to Elkton residents.
Get the facts on home insurance in Elkton, Maryland. Learn about costs, flood risk from the Elk River, weather concerns, and how to protect your property.
General Insurance EducationComplete insurance guide for Elkton, Maryland. Learn about flood risks near Elk River, auto coverage for I-95 commuters, and affordable home insurance rates.
Car InsuranceElkton drivers face Maryland's strict at-fault rules and 50%+ rate increases. Learn about 30/60/15 minimums, I-95 corridor risks, and how to save on coverage.
If your home is in a FEMA-designated flood zone and you have a mortgage, your lender will require flood insurance. But even if it's not required, you should seriously consider it if you're anywhere near the Elk River or in a low-lying area. Standard homeowners insurance does not cover flooding, and flood insurance in Maryland averages around $700 per year, which is relatively affordable for the protection it provides.
Maryland homeowners insurance averages about $1,930 per year for a policy with $300,000 in dwelling coverage and a $1,000 deductible. Your actual cost will depend on your home's age, condition, location, coverage limits, and your claims history. Homes near the Elk River or with older systems typically cost more to insure.
Elkton faces typical Mid-Atlantic weather risks including winter storms with heavy snow and ice, which can cause roof damage and ice dams. Summer brings severe thunderstorms with wind, hail, and lightning. The Elk River also poses a flood risk during heavy rainfall or rapid snowmelt. Make sure your policy covers wind and hail damage, and consider separate flood insurance if you're near the river.
Always choose replacement cost coverage for both your dwelling and personal property if you can afford it. Actual cash value deducts depreciation, so if your 10-year-old roof is damaged, you'll only get a fraction of what it costs to replace it. Replacement cost coverage pays what it actually costs to rebuild or replace items without depreciation, which is what you need to fully recover from a loss.
While standard policies often include $100,000 to $300,000 in liability coverage, you should consider at least $500,000 or higher, especially if you have significant assets or a higher income. Medical bills and legal costs from a serious injury on your property can easily exceed lower limits. For even more protection, consider an umbrella policy that provides an additional $1 million or more in liability coverage for just a few hundred dollars per year.
Get renters insurance. It's affordable, usually $15-30 per month, and protects your belongings plus provides liability coverage if someone is injured in your rental unit. Your landlord's insurance only covers the building structure, not your personal property or your liability. Renters insurance is one of the best values in insurance and can save you thousands if your belongings are stolen or damaged.
Stand out to local shoppers with your team, specialties, and business hours. Member agencies get priority placement and more features.
Join the network