Most Maryland motorists would most likely admit that reading over their auto insurance policy isn’t high on their to-do lists. However, as experienced Baltimore car accident attorneys, we know too well from our clients’ traffic mishaps that not knowing what your auto insurance covers can turn out to be very costly. Now, a new auto insurance offering for Maryland drivers may improve their chances of collecting more compensation in the event of a traffic accident with an at-fault motorist who is underinsured.
Last year, the General Assembly of Maryland passed a bill into law called the Private Passenger Motor Vehicle Liability Insurance – Enhanced Underinsured Motorist Coverage (“EUIM”). The EUIM law went into effect on October 1, 2017 and applies to private passenger automobile policies purchased on or after July 1, 2018. Now, all property and casualty insurers and producers must offer EUIM coverage to private passenger motor vehicle liability policies.
So what does this mean for you as a motorist in Maryland?