Section 27-613 – Motor Vehicle Liability Insurance Policies
(a) (1) This section applies only to private passenger motor vehicle liability insurance. (2) This section does not apply to the Maryland Automobile Insurance Fund. (3) This section does not apply to the cancellation of a policy or binder of private passenger motor vehicle liability insurance by an insurer during the 45–day underwriting period in accordance with § 12–106 […]
Section 27-614 – Private Passenger Motor Vehicle Liability Insurance Policies — Premium Increase
(a) In this section, “increase in premium” and “premium increase” include an increase in total premium for a policy due to: (1) a surcharge; (2) retiering or other reclassification of an insured; or (3) removal or reduction of a discount. (b) (1) This section applies only to private passenger motor vehicle liability insurance. (2) This section does not apply to the Maryland […]
Section 27-611 – Notice of Effect of Failure to Renew or Replace Motor Vehicle Insurance
Before the actual expiration of a policy of motor vehicle insurance that results from nonpayment of a renewal premium, the insurer shall provide notice to the insured in clear and specific terms that if the insured fails to renew or replace the motor vehicle insurance before the due date, § 17-106 of the Transportation Article […]
Section 27-612 – Liability of Insurer for Coverage
(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 […]
Section 27-601 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) (1) “Commercial insurance” means property insurance or casualty insurance issued to an individual, a sole proprietor, partnership, corporation, limited liability company, or similar entity and intended to insure against loss arising from the business pursuits of the insured entity. (2) “Commercial insurance” does not include: (i) policies issued […]
Section 27-601.1 – Transfers of Policy Holders Between Insurers Within Same Insurance Holding Company System as Renewal
(a) For purposes of this subtitle, with respect to policies of personal insurance, private passenger motor vehicle liability insurance, commercial insurance, and workers’ compensation insurance, the issuance by an insurer of a new policy to replace an expiring policy issued by that insurer is a renewal. (b) For purposes of this subtitle, with respect to policies of […]
Section 27-601.2 – Delivery of Notice by Electronic Means
(a) (1) In this section the following words have the meanings indicated. (2) “Delivered by electronic means” includes: (i) delivery to an electronic mail address at which a party has consented to receive notice; and (ii) posting on an electronic network, together with separate notice to a party directed to the electronic mail address at which the party has consented […]
Section 27-602 – Cancellation or Nonrenewal of Policies — Required Notices
(a) (1) This section applies only to policies of: (i) personal insurance; and (ii) homeowner’s insurance under which a onetime guaranteed fully refundable deposit is required for a stated amount of coverage. (2) This section does not apply to policies in effect for 45 days or less, as provided in § 12–106 of this article. (b) (1) Whenever an insurer, as required […]
Section 27-603 – Notice of Right to Replace Commercial Insurance Following Cancellation or Nonrenewal
(a) (1) This section applies only to policies of commercial insurance. (2) This section does not apply to: (i) policies in effect for 45 days or less, as provided in § 12–106 of this article; or (ii) policies issued to exempt commercial policyholders under § 11–206 of this article, if the policies provide for written notice of not less than […]
Section 27-604 – Statement of Actual Reason for Cancellation of or Refusal to Renew Policy
(a) (1) This section applies only to policies of personal insurance and insurance issued under the Maryland Property Insurance Availability Act or any similar act instituted to ensure the availability of insurance. (2) This section does not apply to policies in effect for 45 days or less, as provided in § 12-106 of this article. (b) (1) Whenever an insurer […]