§ 23–501
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 23-501 (2026)
Title 23. Premium Financing
Subtitle 5. Prohibited Acts; Penalties
§ 23–501LinkCopy Citation
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.