§ 27-907. Discounted rates for private passenger motor vehicle insurance based on clean driving...
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 27-907
§ 27-907. Discounted rates for private passenger motor vehicle insurance based on clean driving record
An insurer that issues or renews a private passenger motor vehicle insurance policy in the State shall give an actuarially justified discount in rate to each individual who has completed the immediately preceding 3 years of continuous coverage with that insurer without a moving traffic violation, with not more than one point, and with no chargeable traffic accident.
Credits
Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.
Formerly Art. 48A, § 240K.
MD Code, Insurance, § 27-907, MD INSURANCE § 27-907
Current with legislation effective through July 1, 2023, from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
| End of Document |