Md. Code, Ins. § 27-907

Current with changes from the 2024 Legislative Session
Section 27-907 - Private passenger motor vehicle insurance - Discount in rate

An insurer that issues or renews a private passenger motor vehicle insurance policy in the State shall give an actuarially justified discount in rate to each individual who has completed the immediately preceding 3 years of continuous coverage with that insurer without a moving traffic violation, with not more than one point, and with no chargeable traffic accident.

Md. Code, IN § 27-907