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§ 20-508. Effect of three years without violation or accident

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 20. Maryland Automobile Insurance Fund (Refs & Annos)
Subtitle 5. Policies for Covered Vehicles (Refs & Annos)
MD Code, Insurance, § 20-508
§ 20-508. Effect of three years without violation or accident
Currentness
In general
(a) A policyholder is entitled to continuation of coverage from the Fund at rates that are reasonably comparable to those charged by standard insurers and approved by the Commissioner if, for 3 continuous years of coverage under a policy issued by the Fund, the policyholder has not:
(1) been charged with a moving traffic violation;
(2) had a chargeable traffic accident; and
(3) been assessed more than one point by the Motor Vehicle Administration.
Safe driver credit
(b) A policyholder who meets the requirements of subsection (a) of this section is not entitled to a safe driver credit as defined in the rules and rate schedules of the Fund filed with the Commissioner.
Eligibility for comparable rates charged by standard insurers
(c) In determining eligibility for rates that are reasonably comparable to those charged by standard insurers, the Fund may not consider:
(1) a lapse in coverage of 30 days or less; and
(2) the addition of a driver to the policy who has certified in a manner approved by the Fund for the immediately preceding 3 continuous years that the driver has not had a moving traffic violation, has not been assessed more than one point, and has not had a chargeable traffic accident.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 243C.
MD Code, Insurance, § 20-508, MD INSURANCE § 20-508
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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