# Insurance (GIN)

## Title 12. Policy Forms and Provisions

### Subtitle 3. Property and Motor Vehicle Liability Insurance

#### Section 12-304

(a) If an insurer issues and delivers a policy to a lender on property of a borrower that has been pledged, mortgaged, or is subject to a conditional contract of sale, the insurer must issue a certificate to the borrower or owner of the property in accordance with subsection (b) of this section.

(b) The certificate issued under this section shall set forth:

  (1) the coverages provided in the policy;

  (2) the amount of premium charged for the policy;

  (3) the date the policy takes effect; and

  (4) the date the policy expires.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)