installment payment option for policyholders News

The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — said its Installment Payment Plan went online on Oct. 1. This new option, which was passed and signed into law earlier this year, …

Maryland’s General Assembly has passed a bill this month that would allow the Maryland Automobile Insurance Fund (MAIF) to offer installment payment option for policyholders. MAIF, the insurer of last resort, was created by the Maryland State Legislature in 1972 …