Commercial Auto Insurance Minimum Requirements in Maryland
Get Free Commercial Auto Insurance Quotes from Multiple Providers
Enter Your Zip Code:Page Overview
Driving a vehicle can be dangerous, not only to your physical well-being but to your financial health. That's why the Motor Vehicle Administration (MVA) requires that all vehicles be protected by liability insurance, whether they're being used for personal or business use.
Ways to Establish Financial Responsibility
The MVA only gives one choice to prove financial responsibility: a vehicle liability insurance policy that meets the state's minimum requirements.
While it's clear you need to have a liability policy for your vehicles, it's often less clear if you need a commercial or personal auto policy. If you're in this predicament, ask yourself the following:
- What type of vehicles need to be insured?
- How many are there?
- Who drives them?
- Who owns them?
Your answers may put you on the path to choosing the right insurance for your situation. Generally, business-owned vehicles need commercial protection, especially if deliveries or any sort or farming are involved.
Self-employed individuals and sole proprietors can sometimes get by with just their own personal auto policy, especially if business trips are the only business use of their vehicles. But, this area is complicated, and merits careful attention. Even teenagers and senior citizens acting as independent contractors and using their own vehicles to deliver goods like flowers or pizzas may need commercial insurance protection.
But, if any of the following apply, the odds increase that you'll need a commercial policy:
- You can't remove your business equipment from the vehicle.
- You allow your employees to drive your vehicles on behalf of your business.
- You can't find personal auto insurance with high enough coverage limits.
To make the right decision, you may need to partner with both the MVA and your insurance carrier. The former can advise you on the legal requirements for your business; the latter can assist you in determining the amounts and types of coverage needed to protect your business assets.
Should you decide that you need commercial insurance, you'll need to discuss the following with an insurance agent or representative:
- How much the vehicles weigh
- Who owns them
- How they're used
But, you may also talk about issues such as how much the vehicles are worth, what they'll carry, what sort of special equipment they have, and other such matters.
No matter what sort of coverage you decide on, you'll need to have at least this much protection to comply with state requirements:
- $20,000 of bodily injury coverage for injuries or death to one person in an accident.
- $40,000 of bodily injury coverage for injuries or deaths occurring to more than one person in an accident.
- $15,000 of property damage coverage per accident.
- Uninsured motorist coverage (same minimum limits as above).
- Personal injury protection (PIP) of $2500.
Remember, you can contact the MVA for additional assistance with commercial coverage requirements.
After you've decided on the type of coverage, you'll be faced with another decision: what carrier to choose. You can select from smaller companies that specialize in commercial insurance to mammoth insurers that offer an array of policies.
Choosing wisely could save you considerably on your premiums, so it's best to comparison shop online (or by phone) to find the best rates. But, be aware your current insurance carriers may offer you a discount if you take out the policy with them.
insurance Company Notification
The MVA requires your carrier to notify the state as soon as you cancel your policy; however, your new carrier isn't required to alert the MVA when you begin coverage with them. So, the MVA might ask you for proof of your current coverage.
Also, if you have a blanket policy covering numerous vehicles, be sure the MVA has the vehicle identification number (VIN) for each vehicle on file.
Once you've obtained your policy, there might be times when you're asked to verify your coverage. During these situations, only a Maryland insurance Certification (FR-19) will suffice; neither your insurance card nor your insurance policy is acceptable.
What happens if you have no proof of insurance when required to present it?
You possibly could face:
- A license plate and vehicle registration suspension.
- An uninsured motorist penalty fee (for each lapse) of $150 for the first 30 days ($7 per day after that).
- A $25 registration restoration fee.
- A maximum fine of $1,000 and up to a one year in jail (if you provided false evidence of insurance).
Additionally, you may not be able to renew a registration or apply for a new registration on other vehicles.
Of course, if you're liable for an accident when you're without insurance, you're responsible for paying the costs involved and may be vulnerable to lawsuits stemming from the accident.
In This SectionOther Topics in This Section
Insurance Resource Center
- Auto Insurance Requirements
Maryland car insurance can be difficult to understand. Learn more about Maryland auto insurance requirements and options.
- Motorcycle Insurance Minimum Requirements
MD financial responsibility requirements for your moped, atv, scooter or motorcycle. Protect your bike and your liability in Maryland by purchasing motorcycle insurance.
- Commercial Auto Insurance Minimum Requirements
Commercial vehicle insurance requirements in MD. Protect your rig or your fleet by maintaining proper financial responsibility on your commercial vehicles in Maryland.
- Penalties For Driving Without Insurance
Learn More On Penalties For Driving Without Insurance In Your State. No Insurance Violations Vary By State. Avoid Allowing You Car Insurance Policy To Lapse.
- Shop For Insurance Online
- Insurance State Requirements
Auto Insurance Center
- Auto Insurance Policy Basics
- Top Reasons To Buy Insurance Coverage
- Auto Insurance Minimum Requirements
- Buying Car Insurance Basics
- Buying Car Insurance For Teens
- Teen Guide To Car Insurance
- How To Get Car Insurance Coverage With A Learners Permit
- First Time Drivers Guide To Car Insurance
- How To Save Money On Teen Car Insurance
- Common Driving Mistakes Teens Make
- Safe Driving Tips For Teenage Drivers
- Safe Cars For Teen Drivers
- How To Add Teens To Your Auto Insurance Policy
- Tips for Car Insurance Policy Holders
- Types Of Auto Insurance Coverage
- Buying Car Insurance For Seniors
- Senior Guide To Car Insurance
- Extended Insurance Coverage Guide
- How To Get The Most Out Of Your Auto Insurance Coverage
- When To Buy Rental Car Insurance
- How To Cover Vandalism Through Car Insurance
- How To Cover Auto Theft Through Car Insurance
- How To Cover Windshield Repair Through Car Insurance
- How To Cover Accidents With Wildlife Through Car Insurance
- How To Cover Lost Wages Through Car Insurance
- How To Cover Medical Expenses Through Car Insurance
- How To Cover Pet Injuries Through Car Insurance
- How To Avoid Auto Insurance Non Renewal
Commercial Auto Insurance
- Commercial Auto Insurance Requirements
- Commercial Auto Insurance State Requirements
- Federal Motor Carrier Insurance
- CDL Federal Requirements
- Commercial Insurance Filing
- State Commercial Insurance Filings
- Federal Truck Filings
- Intrastate Truck Filings
- Interstate Transportation Filings
- Certificate Of Insurance
- Uniform Carrier Registration Plan
- Types Of Commercial Auto Insurance
- Commercial Vehicle Insurance Discounts
- Multiple Policy Discount For Commercial Vehicles
- Paid In Full Commercial Vehicle Insurance Discount
- Commercial Business Experience Discount
- Commercial Auto Insurance Quotes
- Commercial Auto Insurance Articles
- Who Needs Commercial Auto Insurance
- Types Of Commercial Vehicles To Insure
- How To Save Money On Commercial Auto Insurance
- What You Need For A Commercial Insurance Quote
- Types Of Business Vehicle Insurance
- How To Compare Commercial Insurance Quotes
- How To Get The Most Out Of Your Commercial Auto Insurance Coverage
- Types Of Commercial Trailers To Insure
- Online Commercial Auto Insurance
- Motorcycle Insurance Minimum Requirements
- Types Of Motorcycle Coverage
- Accessory Coverage For Motorcycles
- Comprehensive Physical Damage Insurance For Motorcycles
- Collision Insurance For Motorcycles
- Bodily Injury Liability Insurance For Motorcycles
- Property Damage Liability Insurance For Motorcycles
- Medical Payments Insurance For Motorcycle Riders
- Personal Injury Protection Insurance For Motorcyclists
- Uninsured Motorist Coverage For Motorcyclists
- Underinsured Motorist Coverage For Motorcyclists
- Motorcycle Roadside Assistance
- Motorcycle Insurance Quotes
- Motorcycle Insurance Rates
- Motorcycle Insurance Discounts
- Online Motorcycle Insurance
- Motorcycle Insurance Articles
- Motocross Insurance
- Dirt Bike Insurance
- Moped Insurance
- Trike Insurance
- Scooter Insurance
Auto Insurance Policy Basics
- Auto Insurance Deductible
- Auto Insurance Limit
- Auto Insurance Premium
- Auto Insurance Quote
- Auto Insurance Rates
- Motor Vehicle Report
- Proof Of Financial Responsibility
- Auto Insurance Endorsement
- Auto Insurance Exclusion
- Auto Insurance Rating
- Auto Insurance Code
- Auto Insurance Discounts
- Auto Insurance Glossary
- How To Obtain Proof Of Insurance
- How To Change Auto Insurance Providers
- Factors That Affect Insurance Rates
- How To Cancel An Auto Insurance Policy
- When An Accident Happens
- Accident Loss
- Auto Accident Payment Recovery
- Total Loss
- Proof of Loss
- Actual Cash Value
- Lost Wages
- Salvage Vehicles
- How To File An Accident Report With The Police
- Evaluating Personal Injury In Auto Accidents
- First Steps Following A Personal Injury Auto Accident
- When To Seek Medical Attention For Personal Injury
- Protection Against Auto Insurance Fraud
- How To Handle Staged Car Accidents
- Types of Insurance Claims
- Bodily Injury Claims
- Property Damage Claims
- Windshield Claims
- Third Party Insurance Claims
- About Car Insurance Claims
- How Car Insurance Claims Affect Your Auto Insurance Policy
- When To Cover Personal Injury With Auto Insurance
- How Much Personal Injury Protection To Buy
- Supplementing Health Insurance With Personal Injury Protection
- Pain And Suffering In Personal Injury Claims
- Statute Of Limitations And Personal Injury
- Negligence And Determining Legal Liability
- Auto Insurance Claim Settlements
- Auto Insurance Settlements Involving Personal Injury
- Proving Fault In An Auto Accident Personal Injury Case
- Compensation For Auto Accident Personal Injury Claims
- Tips For Settling A Motor Vehicle Accident Claim
- Factors That Affect Compensation In Personal Injury Claims
- Legal Representation For Insurance Claims
- When To Hire A Personal Injury Attorney
- When To Hire A Lawyer
- Personal Injury Attorney Fees
- How To Choose Personal Injury Lawyers
- Benefits of Hiring A Personal Injury Attorney
- What To Submit To A Personal Injury Attorney
- Processing Car Insurance Claims
- How Car Insurance Companies Handle Claims
- How Car Insurance Companies Investigate Accident Claims
- How To Document Auto Accident Damage
- When To Report An Auto Accident To The DMV
- Tips On Documenting Personal Injury Expenses
- Paying Medical Bills Before Receiving Personal Injury Compensation
- Wage Loss In Personal Injury Auto Accident Cases
- How To File A Loss Of Wages Auto Claim
- Stages Of A Personal Injury Case
- Filing Car Insurance Claims