Drivers in Maryland are facing growing auto insurance premiums from State Farm

auto insurance car future

State Farm is generating controversy with rate hikes affected thousands of drivers Drivers in Maryland will be facing higher auto insurance rates coming from State Farm. The insurer has had many complaints issued against it over the past year due to rising insurance premiums, with some drivers claiming that their premiums were raised for accidents that were not their fault. Maryland insurance regulators have found fault with some of the premium increases that have been issued by State Farm, with some of these rate hikes hitting drivers that have only…

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Auto insurance fund proposal withdrawn in Maryland

Auto Insurance

MAIF is no longer moving forward on the effort to gain policy rights within the state. The Maryland Automobile Insurance Fund (MAIF) – which is considered to be the auto insurance market of last resort within that state – has withdrawn the proposal that it previously put forward in order to obtain “sole and exclusive property” rights for all of the policies in that market. That proposal had initially been presented by MAIF approximately two months ago. The decision made by MAIF to remove its auto insurance proposal has been…

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