Title 17 - Insurance Flashcards
What is the minimum liability coverage required for bodily injury per person in Maryland?
$30,000
What is the minimum liability coverage required for bodily injury per accident in Maryland?
$60,000
How many days does a vehicle owner have to provide proof of insurance after receiving a notice from the Maryland MVA?
30 days
What is the penalty per day for failing to maintain vehicle insurance in Maryland?
$7
What is the maximum fine for driving without insurance in Maryland for a first offense?
$1,000
How long does a driver have to notify their insurance company of a newly purchased vehicle?
7 days
What is the required minimum property damage liability coverage in Maryland?
$25,000
What is the maximum penalty for a second offense of driving without insurance in Maryland?
$2,000
How long does an insurer have to report a new policy to the Maryland MVA?
30 days
How many days does a vehicle owner have to return license plates after canceling insurance?
10 days
What is the fee for reinstating vehicle registration after a lapse in insurance coverage?
$50
How many years must a driver maintain proof of insurance after a violation?
3 years
What is the penalty for providing false evidence of insurance in Maryland?
$2,000 fine and/or imprisonment
What is the minimum coverage required for uninsured motorist bodily injury per person?
$30,000
What is the minimum coverage required for uninsured motorist property damage?
$10,000
What is the penalty for failing to provide proof of insurance during a traffic stop?
$100 fine
What is the maximum fine for a company that knowingly issues false insurance documentation?
$10,000
How long does an insurer have to notify the MVA of policy cancellations?
15 days
What is the duration of a Maryland Automobile Insurance Fund policy?
6 months
What is the penalty for driving with a suspended license due to lack of insurance?
$1,000 fine and 1-year imprisonment
