Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 08. PROPERTY AND CASUALTY INSURANCE |
Chapter 31.08.04. Motor Vehicle Insurance—Out-of-State Coverage |
Sec. 31.08.04.02. Existing Policies
Latest version.
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On the effective date of these regulations each insurer which has a motor vehicle liability insurance policy covering a Maryland resident in force which does not have coverage as favorable to the insured as that in Regulation .01 of this chapter shall amend the policy to provide the coverage of Regulation .01 of this chapter. The insurer may make an additional charge for any coverage added under the requirements of this regulation subject to a rate filing approved by the Insurance Commissioner.