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The organization is centered in Annapolis, Maryland and covers drivers throughout the state. If you’re looking for “SR-22 insurance” in the state and cannot find another carrier to offer a policy, this company will match you with the right provider. This reduces the number of uninsured drivers and keeps people in compliance with state laws.
Maryland Automobile Insurance does not actually underwrite its insurance products. Instead, it acts as an agency to match high-risk drivers with car insurance policies from other providers. This allows the state to spread out high-risk customers across multiple companies so no single insurer will have too much risk.
Maryland Automobile Insurance sells only auto insurance products. Since it’s a high-risk insurer, the coverages offered are generally bare-bones, covering only what’s required by law or by a vehicle’s lien holder.
These coverages will be sold at the limits set by the Maryland government. The bodily injury liability limits in Maryland are $30,000 per person or $60,000 per accident, and the property damage liability is $15,000. If you’re willing to pay a higher premium, you can buy more coverage.
You can obtain a quote by calling 1-800-492-7120 or by filling out the online quote request form on the company’s website.
I requested a form using our standard driver profile (married, good driving record and early 30’s) although the highest limits the site allowed me to choose were 100/300/100 rather than our preferred 250/500/100.
With those figures, the policy total came out to $3,806 or about $380 per month on the company’s payment plan. Cutting out collision and comprehensive would save $1,064. As you can infer from the numbers, this insurance is expensive.
Maryland Automobile Insurance Fund has partnered with claims centers throughout the state to make it easy to have your damages estimated after an accident. If the accident is covered and you have the appropriate policy, you can bring your vehicle to any of the locations listed on the Maryland Automobile Insurance website in order to get an estimate written and obtain a repair referral.
To get the claims process started, you’ll need to report the accident. You can do this over the phone at 800-492-7120. The company’s website has detailed instructions for what to do immediately after an accident.
Maryland Automobile Insurance has no rating with the Better Business Bureau and it is not accredited. There are few customer reviews online, and the organization’s Facebook page has over 1000 “likes.” The Facebook reviews from clients are negative with almost all of them having major problems resolving their claims. There are a couple of positive reviews but they seem to be from employees or previous employees.
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If you’re looking at getting insurance through Maryland Automotive Insurance, it’s likely that you’ve already exhausted all other options. If you are required to carry SR 22, insurance is a legal requirement for carrying a driver’s license, so this company is certainly better than nothing and will keep you legal. Once you’ve had a couple years of safe driving under your belt, you’d be better off looking for a more standard-risk insurer who could offer more thorough coverage’s and lower rates.
For a list of companies that we recommend, visit our Best Insurance Companies page.