Maryland requires drivers to have a minimum amount of auto insurance in the state. This coverage protects you if you cause an accident and injure someone else or damage their property. If your insurance coverage is too low and does not cover the damages, you could be left personally responsible for anything not covered by your auto insurance policy.
Contacting an experienced Maryland car accident attorney is important in getting the compensation you deserve. If an at-fault driver hits you, your attorney will help you determine all situations of possible recovery.
What is Full Coverage Auto Insurance?
In Maryland, full coverage insurance is defined as a policy providing more than the minimum liability coverage. The minimum amount of coverage is $30,000 in bodily injury, up to $60,000 per accident, and $15,000 in property damage coverage. Bodily injury coverage will help reimburse someone for their medical expenses for which you are legally responsible, but only up to your policy limits. Additionally, property damage coverage reimburses someone for damage to their vehicle or other property. A full coverage policy can also include collision and comprehensive insurance.
Why Should You Purchase More Coverage?
In most cases, your minimum insurance coverage could be enough to cover someone else’s damages in an accident. However, one serious accident or a multi-car pile-up can quickly exhaust your limits. Or, if you hit another expensive vehicle, it could easily take up your entire $15,000 property damage limit. When looking for a new insurance policy, buying more than the minimum limit is a good idea. If you can afford the premiums, increasing your liability to $50,000 or even $100,000 per person can be more than enough to protect you in any type of accident. The last thing you want is to be involved in an accident and not have the insurance to cover the whole bill. Full coverage means having an adequate amount of coverage to protect yourself in a worst-case scenario.
Maryland law also requires drivers to purchase uninsured and underinsured coverage (UM and UIM). Uninsured coverage applies if an uninsured driver hits you. At the same time, underinsured coverage kicks in if the at-fault driver’s insurance does not cover all the damages. It is essential to consider purchasing more than the minimum limits because there is no guarantee that the other party will have adequate coverage, which means you could still be personally liable.
Contact The Snyder Law Group Today
The Snyder Law Group, LLC, proudly represents clients throughout Maryland and Washington, D.C. Our experienced Baltimore attorneys understand the frustration that comes with an insurance company, medical professional, or other party that refuses to accept liability for negligent or reckless behavior. You can take heart in knowing there are talented and experienced lawyers ready to work for you. We are experienced in handling personal injury claims of medical malpractice or injury resulting from serious car and truck accidents, and have secured hundreds of millions in verdicts and settlements. Please visit our website, www.410thefirm.com, or call us at 410-843-3476, for more information. Follow us on Facebook, Twitter, and LinkedIn.