The Maryland Automobile Insurance Fund, or My MD Auto, was established in 1972 for drivers who are considered high-risk and cannot get insurance coverage from traditional insurance companies. If you have been denied insurance or yours was terminated due to a high number of tickets, accidents, or moving violations, you may qualify for MAIF auto insurance. Your Auto Insurance Provider in Baltimore, MD can help you get approved quickly for affordable coverage.
Why Do I Need MAIF Auto Insurance?
There are laws in Maryland requiring all drivers to have proper auto insurance. Without it, it is illegal to drive. The Motor Vehicle Administration states that every vehicle must have a minimum amount of insurance at all times, administered by a licensed car insurance company. Without it, operating the vehicle is illegal. The state-imposed auto insurance minimum requirements include:
- Liability Insurance: Drivers must carry liability insurance to cover any damages or injuries they may cause in an accident.
- Uninsured Motorist Coverage: Maryland also requires drivers to have uninsured motorist coverage to protect themselves in case they are involved in an accident with an uninsured driver. The minimum uninsured motorist coverage requirements are the same as the liability insurance limits mentioned above.
- Personal Injury Protection (PIP): Maryland is a no-fault insurance state, so drivers must have Personal Injury Protection coverage to protect themselves and their passengers against medical expenses, lost wages, and other related costs regardless of who is at fault in an accident.
My MD Auto Coverage Requirements
MAIF auto insurance helps qualified drivers find coverage when they can’t get it through private companies, ensuring they can drive legally. Eligibility for My MD Auto coverage requires being a resident of Maryland, having a Maryland license or registration, and being unable to obtain insurance from two or more private carriers.
Regardless of driving record, multiple offenses or not, Maryland Auto Insurance will provide coverage. Our team works with drivers on an individual basis to understand their insurance needs and offer a free quote.
Additional Ways to Save Money With Your Auto Insurance Provider in Baltimore, MD
Here are some strategies to potentially lower your MAIF insurance costs:
- Maintain a Clean Driving Record: Over time, maintaining a clean driving record by avoiding accidents and traffic violations can significantly reduce your insurance rates.
- Increase Your Deductible: Opting for a higher deductible can lower your premium. Just ensure you choose a deductible amount you can afford to pay out of pocket in case of a claim.
- Get the Right Coverage and Review it Often: Make sure your coverage accurately reflects your needs. For example, comprehensive coverage is not necessary if you own your vehicle. Also, if your vehicle is older, you might consider only carrying liability insurance.
Request a My MD Auto Quote Online
If you are looking for affordable and fast auto insurance coverage, give us a call or get a free quote online. We will help get you back on the road!