Some motorcyclists buy a bike without realizing the full extent of the financial obligations they face. Often people who already have auto insurance will ask ‘do I need Maryland motorcycle insurance?’
The answer is yes. Maryland law requires bikers to carry the minimum level of liability insurance. An experienced Baltimore motorcycle accident lawyer can help you with a claim.
Motorcycle insurance is comparable with car insurance in most states and Maryland is no exception. People who fail to take out motorcycle insurance in Maryland face fines.
What Are the Minimum Requirements for Motorcycle Insurance in Maryland?
The minimum requirements for motorcycle insurance in Maryland are set out by the Motor Vehicle Administration. The MVA states:
All vehicles in Maryland must be insured at all times by an insurance company licensed in Maryland. Your vehicle insurance must cover, at an absolute minimum:
- $30,000 for bodily injury;
- $60,000 for two or more people;
- $15,000 for property damage.
Motorcycles are defined as any 2-wheeled or 3-wheeled vehicle with engines larger than 70 ccs.
Which Companies Provide Maryland Motorcycle Insurance?
Most Insurers that offer car insurance policies also provide motorcycle insurance policies. Major insurers that offer motorcycle insurance in Maryland include Nationwide, GEICO, Progressive, and Dairyland.
How Much Will Bikers Pay for Maryland Motorcycle Insurance?
A study on ValuePenguin gathered information from 37 cities and counties in Maryland. The lowest annual rate was in Thurmont where riders can expect to pay $406 a year on average.
The highest rate was in Baltimore where the average motorcycle insurance rate is about $937 a year. The sheer size of Baltimore and the more congested roads mean riders are more likely to crash. The state average for Maryland motorcycle insurance is $529 a year.
The quotes were based on a 45-year-old male who was married and completed a motorcycle training course. The motorcyclist had a clean driving record.
The policy quoted included bodily injury protection $100,000 per person/$300,000 per accident as well as $50,000 in property damage coverage.
The deductibles for both collision and comprehensive coverage were $500. The study found GEICO offered the cheapest policies.
Factors That Affect Maryland Motorcycle Insurance Costs
Many of the factors that affect your Maryland motorcycle insurance rates are similar to those that affect automobiles. The location and the driver’s history are pertinent.
The type of bike you own will also impact the insurance premium you pay in Maryland. Slower, safer types of motorcycles are cheaper to insure than fast sports or racing bikes.
Is Personal Injury Protection (PIP) Required for Maryland Motorcycle Insurance
Personal injury protection (PIP) is a component of car insurance policies in Maryland. It provides additional coverage on a no-fault basis, giving the insured driver first-party coverage for lost income and medical expenses caused by an accident regardless of fault. Maryland automobile insurance policies must offer at least $2,500 of personal injury protection coverage.
PIP is not required under Maryland law but car insurance policies offer it. People who do not want PIP must opt out of it by signing a waiver.
PIP is a great coverage to take out because it allows you to recover twice for your medical bills and lost wages if you get hurt in a car crash.
Riders should be aware Maryland law allows car insurance companies to deny personal injury protection to motorcyclists. Almost no motorcycle policy in Maryland has personal injury protection benefits included.
If you are injured in a motorcycle accident in Maryland, you will likely receive less coverage than car drivers. This is an unfair situation. Motorcyclists are much more likely to be injured in an accident than car drivers and their injuries are often more serious.
Although motorcycle insurance policies in Maryland are unlikely to contain Personal Injury Protection, you should ask about this insurance. PIP is more important on two wheels than four. This coverage is relatively cheap and can give you lots of additional protection. It’s worth shopping around for a motorcycle insurance company that offers PIP.
What is Covered Under Maryland Motorcycle Insurance?
Most insurance policies cover the following elements that can help riders and other parties who are injured in motorcycle wrecks in Maryland.
Uninsured Motorist Coverage
This type of coverage allows you to receive money for your injuries, vehicle damage, or an accident caused by an uninsured motorist who is at fault for a wreck. This also applies to hit-and-run drivers who cannot be traced.
Underinsured motorist coverage allows you to obtain payment from your insurance company if the person who caused your accident lacks adequate coverage.
Coverage for Bodily Injury and Damage
Insurance policies can protect a rider if another party, including a passenger, claims they were injured due to the rider’s fault unless the damages exceed policy limits.
Medical Payment Coverage
Some Maryland motorcycle insurance policies include medical payment coverage when pedestrians are hurt in motorcycle accidents. The policies may cover hospital bills incurred by the injured pedestrians but do not cover passengers or drivers’ bills.
What Are the Fines and Penalties for Driving Without Maryland Motorcycle Insurance?
Driving without motorcycle insurance, or car insurance in Maryland is a serious matter. You may lose your vehicle and your right to drive and face a large fine. Drivers on the roads with no insurance face the following consequences:
- A $150 fine for the first 30 days and $7 for each additional day, up to a yearly maximum of $2500 per vehicle.
- The suspension of your registration. if you drive with a suspended registration, your vehicle can be impounded and you face further fines;
- Failure to respond to MVA insurance notifications leads to the driver’s case being referred to the Central Collections Unit (CCU).
- Once a case is sent to CCU, fines are subject to a 17 percent collection fee that can be taken from your tax return.
Maryland requires bikers to show proof of insurance to register a motorcycle. If you lack proper insurance, you won’t even be able to get Maryland license plates for your bike.
Do Mopeds and Scooters Require Insurance Under Maryland Law?
Yes. A law enacted on Oct. 1, 2012, made it mandatory for moped and scooter riders to obtain insurance.
Maryland vehicle law requires all mopeds and motor scooters to be titled and have the Maryland minimums of insurance.
All operators of scooters or mopeds must hold a valid driver’s license. or a moped operator’s permit and must wear a helmet and eye protection.
All motor scooters must also display a title decal on the rear of the vehicle.
Talk to a Maryland Motorcycle Accident Lawyer
At the Law Offices of Randolph Rice, we have helped injured motorcyclists for years. We can advise you on how to get the most out of insurance after a wreck and file a claim on your behalf. Motorcycle accidents are often very serious. Riders are more likely to suffer brain injuries, spinal injuries, and amputations. Sadly, bikers are statistically more likely to die than other motorists on the roads of Maryland. Please call Baltimore personal injury lawyer Randolph Rice today at (410) 494-7291.