subject: Buy The Insurance Maryland Requires [print this page] Buy The Insurance Maryland Requires
Residents of Maryland who drive around without minimal auto insurance are at risk of heavy fines, suspended licenses and possible jail time. Uninsured drivers are also a danger to the community at large. Be responsible and know exactly how much auto insurance Maryland requires of its residents. Purchase at least the basic amount as noted by law, if not more for peace of mind and protection of yourself and family. Minimal limits have gone up since the start of 2011 so do not be misinformed and drive around with less.
The cost of inadequate or no coverage is far greater than the premiums. Lose your license and the reinstatement process itself is an expensive fee, not including fines and penalties. The least insurance Maryland allows is a liability policy which covers property damage and injuries as a result of an accident caused by you. No less than $60,000 for bodily injuries will be accepted. Property damage must be at least $15,000 per accident, a reasonable amount. It is simply illegal to drive in the state without this kind of basic coverage.
Drivers must have liability policies in case of traffic accidents involving other cars and people, including pedestrians. However, it is advised to obtain coverage for damage to your own car. Premiums will be higher, but the cost far outweighs the risks of not having a vehicle due to damage, or the money to pay for a new auto. Supplementary medical coverage is also recommended, to offset hospital costs in case of severe injuries to yourself. When shopping around for insurance Maryland providers can offer, check with multiple carriers to receive the best price.
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