MAIF stands for the Maryland Auto Insurance Fund, which is a state operated insurance pool for Maryland residents who are unable to obtain standard automobile liability coverage. It was created in 1972 for the purpose of eliminating the classic Catch-22 of a government mandate that all drivers carry insurance coupled with private companies’ ability to [...]
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Many people pay their insurance premium each month without knowing exactly what they are paying for, or how the figure is calculated. Because some drivers don’t know what the coverage on their policy means, they may not know what to expect in the event of an accident. Other times, drivers will pay much more for [...]
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MAIF, also known as The Maryland Automobile Insurance Fund, is an Organization created by the Maryland State Legislature in 1972 to provide liability insurance for Maryland drivers who are unable to obtain insurance through a private insurance company. Maryland has strict laws in place that require drivers to purchase bodily injury liability and property damage liability [...]
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The first point of interest I should make is that, when considering how much auto insurance to charge a customer, there are several criteria that an insurance company will use when examining rates. The first of which is: your driving history. In regards to your driving history, ask yourself if you find that you’re a [...]
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There are certain, proven ways to best choose a car insurance company. One of the safest and strongest car insurance companies anyone could possibly ever use can be found at www.roadwayauto.com/. Roadway Insurance has several advantages and benefits over many other companies. Quotes and Rates This company will provide you with free rate quotes either [...]
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Having motorcycle insurance eases the financial burden of motorcyclists in the event of a traffic accident or other occurrence whether or not it is their fault. Possessing this coverage not only prevents costly legal issues but also ensures the funds to cover bike damage or bodily injury to oneself or others. Maryland requires $30,000 bodily injury [...]
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In most states now, car insurance is a requirement. Fines for not having insurance can range between $50 and $500 depending on the state. Finding reasonable car insurance takes a lot of research. Knowing exactly what you need and what the state requirements are is a must. Insurance policies come in liability, comprehensive liability and full [...]
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Auto insurance can be difficult to understand. What everyone needs to know is the minimum requirements for their state. Maryland and D.C. require a minimum of Bodily Injury $30,000-$60,000 and Property Damage $15,000. This is only the minimum required, coverages can be, and usually, should be extended beyond required coverage. The most effective route to finding what [...]
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The state of Maryland requires that every vehicle that is driven or operated on roads and highways within the state to be covered by an auto insurance policy that is provided by a legitimate car insurance company. The minimum insurance policy requirements include liability coverage, uninsured motorist coverage and person injury protection coverage. Despite the [...]
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When you are looking into getting car insurance, there are many things that factor into the rate quote. Statistically, women are better drivers than men. The younger you are, the more likely you are to drive like you own the road, at least every once in awhile. Because of these things, a rate quote can [...]
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