Md. Code, Ins. § 23-501

Current with changes from the 2024 Legislative Session
Section 23-501 - MAIF add-on coverage as condition of financing premium

A premium finance company, or an insurance producer, if applicable, may not require an insured or prospective insured to purchase or finance add-on coverage, as defined in § 20-504 of this article, as a condition of financing the premium for an insurance contract issued by the Maryland Automobile Insurance Fund.

Md. Code, IN § 23-501