Maryland Accident Insurance Policy Limits Information

October 3, 2011 by  
Filed under Blog

According to a new Maryland law that took effect October 1, insurance companies can now be required to disclose the policy limits of coverage provided as a result of a Maryland automobile accident prior to a lawsuit being filed. However, there are specific steps that a Maryland lawyer must take to obtain this policy limits information.

Maryland Accident Insurance Policy Limits StatuteMaryland Courts and Judicial Proceedings Code Ann. §10-1101 to §10-1105 (2011) outline the new requirements for a Maryland accident lawyer or individual injured in an accident to obtain information about the maximum amount an insurance company may be required to pay to satisfy all or part of a claim.

After written documentation is provided about the circumstances surrounding a Maryland accident and the injuries sustained, an insurance company must fully disclose the extent of the insurance policy limits within 30 days so long as the claim involves a death or injuries that resulted in at least $12,500 in bills or lost wages.

According to the requirements of the statute, the lawyer or claimant must provide written documentation including the date of the accident, the name and last known address of the driver or tortfeasore, a copy of any accident report, the insurance company’s claim number, lost wage documentation, medical bills and copies of medical records for injuries caused by the accident. If the accident resulted in death, a copy of the death certificate, letters of administration for the estate and the name and relationship of each beneficiary of the deceased must also be provided.

Previously, a lawyer or claimant was only able to Maryland accident insurance policy limits information once a lawsuit was filed. However, obtaining this information prior to a complaint being filed may provide valuable information to assist individuals injured from an automobile accident in Maryland when deciding how to proceed with their claim and whether to accept a settlement offer.

To review a potential case with our Maryland accident lawyers
Call 1(800) 522-0102 Toll Free 24 Hours a Day, 7 Days a Week
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