Are Uninsured and Undersinsured Coverage Required In Maryland
Reader’s Question:
I just moved here in Maryland and I need to buy new auto insurance coverage. I came from a state that doesn’t require uninsured/underinsured motorist coverage. How about here in Maryland, are those types of coverage required?
Lawrence
Bethesda, MD
In the State of Maryland, it will be a requirement that you have uninsured/underinsured motorist coverage in your auto insurance policy. In this case, you will have coverage if get into an accident and find out that the other motorist doesn’t have enough or doesn’t have auto insurance at all. A lot of auto insurance professionals suggest this kind of auto insurance coverage, not only it is required in some states, but also it may come in handy in any instance that the other driver has little or no auto insurance. Based on a research, the approximate number of uninsured motorists could reach up to 25% in some states.
Not only uninsured/underinsured motorist coverage could pay for you in case of an accident, but also for your passengers as well as damage to your own property if the crash was caused by the other motorist who is not insured or has little coverage. In case of a hit-and-run, it is considered as uninsured motorist because it is related to uninsured motorist bodily injury (UMBI). In these instances, uninsured/underinsured motorist coverage could cover your damages. Be reminded as well that uninsured and underinsured motorist types of coverage are separate but it can be bought together in some states.
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