Driving in Maryland, like in any other state, comes with a set of responsibilities, one of the most important being the need to carry auto insurance. Understanding the state’s auto insurance requirements ensures that you are not only complying with the law but also adequately protected on the roads. Here’s a comprehensive look at what you need to know about auto insurance requirements in Maryland.
Minimum Liability Coverage
Maryland law mandates that all drivers carry minimum liability insurance to cover bodily injury and property damage. The minimum requirements are:
- $30,000 for bodily injury per person
- $60,000 for bodily injury per accident
- $15,000 for property damage per accident
This liability coverage helps pay for the other party’s medical expenses and repair costs if you are at fault in an accident.
Uninsured Motorist Coverage
In addition to liability insurance, Maryland requires drivers to have uninsured motorist coverage. This protects you if you’re involved in an accident with a driver who does not have insurance or if you are the victim of a hit-and-run. The minimum limits are the same as the liability coverage requirements:
- $30,000 for bodily injury per person
- $60,000 for bodily injury per accident
- $15,000 for property damage per accident
Personal Injury Protection (PIP)
Maryland also mandates Personal Injury Protection (PIP), which covers medical expenses and lost wages for you and your passengers, regardless of who is at fault. The minimum required PIP coverage is $2,500, but you can opt for higher limits if desired. You can also choose to waive PIP coverage, but this must be done in writing.
Optional Coverages
While the above coverages are mandatory, there are additional options available that can provide more comprehensive protection:
- Collision Coverage: Pays for damage to your car resulting from a collision.
- Comprehensive Coverage: Covers non-collision-related damage, such as theft, vandalism, or natural disasters.
- Towing and Labor: Helps cover the cost of towing your vehicle after an accident or breakdown.
- Rental Reimbursement: Covers the cost of a rental car while your vehicle is being repaired.
Penalties for Non-Compliance
Driving without the required insurance in Maryland can result in severe penalties. These include fines, suspension of your vehicle registration, and even the impoundment of your vehicle. Moreover, you may face increased insurance premiums once you comply with the law again.
Stay Covered with Antietam Insurance Associates
Navigating the complexities of auto insurance can be challenging, but it’s crucial for your financial protection and legal compliance. To ensure you have the right coverage and to explore additional options tailored to your needs, consider consulting with a trusted insurance provider like Antietam Insurance Associates. We offer personalized service and expert advice to help you choose the best auto insurance plan, giving you peace of mind on Maryland’s roads. With Antietam Insurance Associates, you can confidently drive knowing you’re well-protected and fully compliant with all auto insurance requirements in Maryland.