The Maryland Auto Insurance Fund (MAIF) is a state fund that offers auto insurance to residents in Maryland. Unlike private car insurance companies, MAIF provides car insurance for people who cannot secure auto insurance the traditional way. We’re a MAIF auto insurance provider in Germantown, MD that can give you access to proper coverage so you can drive again.
We can help you apply for and get the right car insurance coverage through MAIF. Our team is here to walk you through the process. We’re here to answer your questions and make sure you get the insurance you need.
Why Was MAIF Created?
MAIF was created in 1973 so every driver in Maryland could get car insurance. Before MAIF, there were two older programs called the Maryland Automobile Insurance Plan and the Unsatisfied Claim and Judgment Fund.
People were still being denied coverage, and many drivers were left without the protection they needed to drive legally. That’s why the state decided to start MAIF to give high-risk drivers a better, fairer way to get insurance. MAIF was designed to make the process easier and so more people could stay on the road.
MAIF is For Residents in Germantown, MD
MAIF, or My MD Auto, aims to ensure that drivers can access auto insurance even if they do not qualify for traditional auto insurance through a private entity. This is a last-resort option for high-risk drivers. Maryland requires that all drivers carry a minimum liability insurance.
Eligibility Criteria for MAIF Insurance
If you live in Maryland and are having trouble getting car insurance, you may be able to get coverage through MAIF. We help drivers who can’t get insurance through regular private companies. To qualify for MAIF insurance, you must meet the following requirements:
Maryland Residency and Licensing
You must live in Maryland and either have a valid Maryland driver’s license or a car that is registered in Maryland. If you don’t meet these basic requirements, you cannot get MAIF coverage.
You Can’t Get Insurance from Private Companies
To qualify for MAIF, you must have tried and failed to get auto insurance from at least two different private insurance companies. This may happen for a few reasons:
- You have a poor driving record with several traffic violations
- You’ve been in many car accidents
- You’re a high-risk driver
Even if your driving history isnt perfect, you can still get coverage through MAIF. MAIF is meant to be a last resort for people who need car insurance but have been turned down elsewhere.
Important Note: If a private insurance company cancels your policy because you didn’t pay your premium, this does not make you eligible for MAIF. Rejection due to nonpayment is not accepted.
What You Need to Show
When you apply for MAIF insurance, you must show proof that at least two insurance companies turned you down. This means you should keep all rejection letters from insurance providers. You’ll need to give these to your MAIF insurance agent when you apply.
Our MAIF auto insurance provider in Germantown, MD will also check your background to confirm that you meet all the eligibility rules. Once approved, you’ll be able to get the coverage you need, no matter your past driving record.
MAIF Auto Insurance Provider Offers the Minimum Requirements and Additional Coverage Options
To legally operate a vehicle in Maryland, you must have car insurance that meets the state’s minimum coverage provisions. Sometimes, your lender or leasing company will require more than the minimum, including collision and comprehensive coverage. You must understand what type of coverage you need other than the minimum. This will ensure you always have proper coverage in the state of Maryland.
The requirements and other key coverage options include:
Liability Insurance
Obtaining liability insurance is the minimum mandatory coverage required in Maryland. It covers bodily injury and property damage you cause to others during a car wreck. But it does not cover damages to your vehicle or injuries to yourself.
- Bodily Injury: $30,000 per person / $60,000 per accident
- Property Damage: $15,000 per accident
Uninsured Motorist Coverage
In Maryland, every driver is required by law to have uninsured motorist coverage. This type of insurance protects you if you get into an accident with someone who doesn’t have car insurance or not enough insurance to pay for the damage.
Uninsured motorist coverage helps cover costs for injuries and damages. The minimum coverage amounts are the same as what the law requires for regular liability insurance.
Personal Injury Protection (PIP)
PIP is optional in Maryland, but it provides important benefits. If you’re in a car accident, PIP will help pay for medical bills and lost wages, no matter who caused the accident. PIP can help cover these costs for both you and your passengers. In Maryland, the basic PIP coverage pays up to $2,500 per person.
Collision Coverage
This coverage helps pay for repairs to your vehicle if it’s damaged in a car crash, whether it’s with another vehicle or an object like a tree or fence. This coverage applies even if the accident was your fault. It’s especially helpful if you have a newer car or a car that would be expensive to fix.
Comprehensive Coverage (Non-Collision Damage)
Comprehensive coverage protects your car from damage that isn’t caused by a crash. This includes things like theft, fire, vandalism, falling objects, and natural disasters such as hail or floods. It gives you peace of mind knowing your car is covered in many different situations, not just accidents.
Get a FREE Quote for MAIF
The Maryland Auto Insurance Fund (MAIF) gives all drivers in the state access to auto insurance coverage. We’re a MAIF auto insurance provider in Germantown, MD. Our team is here to help you get cheap and better insurance coverage. To get your FREE My MD Auto insurance quote online, see Get A Free MAIF Quote.