Md. Code Regs. 09.12.01.16-1

Current through Register Vol. 51, No. 22, November 1, 2024
Section 09.12.01.16-1 - Authorized Inspection Agency Insurance Requirements
A. An authorized inspection agency shall have general liability insurance and professional liability insurance to cover its inspection activities.
B. An insurance policy required by this section shall be issued by an insurance company authorized to do business in Maryland.
C. The insurance policy shall be in the amount of at least $500,000 for injury or death for any number of individuals in any single occurrence, and $100,000 for property damage in any single occurrence.
D. The authorized inspection agency shall notify the Commissioner of any alterations or cancellations within 5 business days.

Md. Code Regs. 09.12.01.16-1

Regulation .16-1 adopted as an emergency provision effective December 22, 2008 (36:2 Md. R. 96); emergency status extended at 36:17 Md. R. 1310; emergency status expired November 19, 2009
Regulation .16-1 adopted effective December 26, 2011 (38:26 Md. R. 1696); amended effective 45:8 Md. R. 419, eff. 4/23/2018