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Yes, uninsured motorist coverage is required in Maryland. Drivers in Maryland must purchase at least $30,000 in uninsured motorist bodily injury coverage per person (up to $60,000 per accident), as well as $15,000 in uninsured motorist property damage insurance per accident. Additionally, Maryland drivers need $30,000 in underinsured motorist bodily injury coverage per person (up to $60,000 per accident) and $15,000 in underinsured motorist property damage insurance per accident.
Uninsured/underinsured motorist insurance covers a driver’s medical bills and repair costs after an accident if the at-fault driver doesn’t have enough coverage to pay for the damage. Normally, a Maryland driver can collect damages from the at-fault driver’s liability insurance. However, if the other driver is uninsured, getting compensation can be time-consuming or nearly impossible. That’s where uninsured motorist coverage can help. Instead of having to file a lawsuit, you can file a claim with your own insurance company in order to pay your bills and get the repairs or treatment you need without waiting for the courts.
Even though car insurance is required in Maryland, an average of 12% of drivers in the state don’t have car insurance. Car accidents in Maryland can be extremely expensive, too. For example, fatal accidents in Maryland have a total cost of $690 million each year. As a result, uninsured motorist insurance is a smart investment for Maryland drivers.
Key Facts About Uninsured Motorist Coverage in Maryland:
- Minimum Uninsured Motorist Bodily Injury: $30,000 per person and up to $60,000 per accident
- Minimum Uninsured Motorist Property Damage: $15,000 per accident
- Minimum Underinsured Motorist Bodily Injury: $30,000 per person and up to $60,000 per accident
- Min Underinsured Motorist Property Damage: $15,000 per accident
- Uninsured Drivers on the Road: 12%
- Odds of a Crash with an Uninsured Driver: 1 in 8
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