For many years a number of drivers or aspiring drivers in the state of Maryland have wanted to get auto insurance policies but have simply found that getting auto insurance within the state is far too expensive. This is why the state of Maryland developed a special initiative specifically for lower income families who want auto insurance but find that it is just not financially feasible. This solution came in the form of the Maryland Auto Insurance Fund, or the MAIF, and since it was first instated it has made getting auto insurance within the state of Maryland extremely affordable.
Whether they live in Baltimore, Annapolis or anywhere in between, drivers who are looking for affordable auto insurance will find that getting an auto insurance plan has never been easier. All a driver needs to do in order to get their Maryland Auto Insurance Fund issued auto insurance policy is to be a resident of the state of Maryland, to have a current Maryland license or registration and be unable to obtain Maryland car insurance through a private carrier. If all of these things apply, then any Maryland resident will qualify for an insurance policy through the Maryland Auto Insurance Fund.
However, before you get this type of insurance policy, it is important to know a few different things about getting insurance through this type of provider. First, when drivers get insurance through the Maryland Auto Insurance Fund they are taking advantage of a great opportunity to get truly affordable insurance. In Maryland there is a minimum liability insurance that you must carry in order to get tags for your vehicle. The insurance provided through the MAIF provides minimum coverage insurance and this is it. Typically the minimum coverage in the state of Maryland is 30/60/15. This means $20,00 per person of bodily damage, $60,000 coverage for bodily damage and $15,000 per person for property damage.
You will want to keep this in mind when turning to auto insurance through the MAIF. Although most who get insurance through this fund will get the minimum requirements as listed above, there are ways to add to this insurance coverage when you get a MAIF insurance quote. The other thing you will want to keep in mind is that you still need to get your auto insurance policy through an independent carrier. The good news is these carriers are easy to find, you just need to make sure that they are connected to or correlated with the Maryland Auto Insurance Fund so that you can make sure you’re getting this type of affordable insurance that you need.
MAIF Insurance is an established insurance agency that provides auto insurance policies through the Maryland Auto Insurance Fund. Get in touch with them to get started.
