Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 23-501 - Maif Add-on Coverage as Condition of Financing Premium — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Title 1 - Definitions; General Provisions/
  5. Title 23 - Premium Financing/
  6. Subtitle 5 - Prohibited Acts; Penalties/
  7. Section 23-501 - Maif Add-on Coverage as Condition of Financing Premium
Maryland Legal Code

Section 23-501 - Maif Add-on Coverage as Condition of Financing Premium

Ask AI about this
A premium finance company, or an insurance producer, if applicable, may not require an insured or prospective insured to purchase or finance add-on coverage, as defined in § 20-504 of this article, as a condition of financing the premium for an insurance contract issued by the Maryland Automobile Insurance Fund.