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§ 27-612. Liability of insurer for coverage due to failure to comply with provisions of subtitl...

West's Annotated Code of MarylandInsuranceEffective: January 1, 2007

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 27. Unfair Trade Practices and Other Prohibited Practices (Refs & Annos)
Subtitle 6. Cancellations, Nonrenewals, Premium Increases, and Reductions in Coverage (Refs & Annos)
Effective: January 1, 2007
MD Code, Insurance, § 27-612
§ 27-612. Liability of insurer for coverage due to failure to comply with provisions of subtitle
Currentness
In general
(a)(1) If an insurer fails to comply with any provision of § 27-602, § 27-603, § 27-604, § 27-605, § 27-606, § 27-607, § 27-608, § 27-610, or § 27-613 of this subtitle, the insurer is liable to the applicant for the coverage that was requested, or that would have become effective except for the failure to comply with these provisions, unless the person seeking coverage:
(i) no longer wishes the coverage;
(ii) has obtained other substantially equivalent coverage; or
(iii) fails to tender or pay the premium after reasonable demand for the premium has been made.
(2) The liability of an insurer under paragraph (1) of this subsection is in addition to any other penalties applicable by law.
Failure to comply with § 27-611
(b) Liability for coverage does not apply to failure to comply with § 27-611 of this subtitle, as it relates to motor vehicle liability insurance.

Credits

Added as Insurance § 27-609 by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Renumbered as Insurance § 27-612 by Acts 2006, c. 580, § 2, eff. Jan. 1, 2007. Amended by Acts 2006, c. 580, § 2, eff. Jan. 1, 2007.
Formerly Art. 48A, § 240D.
MD Code, Insurance, § 27-612, MD INSURANCE § 27-612
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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