# Insurance (GIN)

## Title 23. Premium Financing

### Subtitle 3. Premium Finance Agreements; Charges and Fees

#### Section 23-311

A premium finance company is not required to reinstate a policy if:

(1) the insurer requires a reinstatement fee, as authorized under Sec. 27-216(b)(5) of this article, to be paid by the insured; and

(2) the insured does not timely pay the reinstatement fee.

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