Enhanced Underinsured Motorist Coverage – What Every Maryland Driver Needs to Know

June 19th, 2018

Effective July 1, 2018, Maryland insurance companies will begin to offer Enhanced Underinsured Motorist Coverage (“EUIM”) to individuals with private passenger automobile insurance policies, including motorcyclists. Commonly referred to as “stacking”, this new coverage will allow you to combine, or “stack”, your underinsured motorist coverage (UM) with the policy limits of the at-fault driver, ultimately increasing the amount of money to which you may be entitled, following an auto accident.

For instance, it is June 19, 2018, and you are involved in an auto accident on your way to the grocery store. At present, the existing law provides that your UM coverage only pays for the difference between the at-fault driver’s coverage and your UM coverage. Therefore, if the at-fault driver carried a $30,000 policy, and you had purchased $100,000 of UM coverage, the most you could recover following this accident is $100,000 ($30,000 from the at-fault driver’s policy and $70,000 from your own UM coverage). However, once the EUIM law goes into effect, you will be able to stack your UM policy with the at-fault driver’s policy. Meaning, if your accident were to occur after July 1, 2018, and after you made the election for EUIM, the most you could recover following this accident in this scenario is $130,000 ($30,000 from the at-fault driver’s policy, stacked on top of the $100,000 from your own EUIM coverage).

Why is it necessary for you to make the election for EUIM with your auto insurance carrier? Currently, the minimum required liability coverage for an insured vehicle in Maryland is $30,000 per person and $60,000 per accident. For example, under the current law, if you were involved in a serious auto accident and your medical bills were $110,000, you would be personally responsible for $10,000 of those bills. Even more, because all of the money went towards repaying your medical bills, you wouldn’t receive anything for your pain and suffering. This new law, however, will provide extra coverage for injured people when they are involved in accidents with individuals that either have: no insurance; the minimum insurance coverage; or coverage that was less than the coverage you obtained through your own policy.

It is critically important to note that, this coverage is not automatic. Accordingly, in order to obtain EUIM, you must elect so, in writing to your auto insurance carrier, on a specific form. More specifically, the new law requires that optional EUIM be offered to consumers “at the time of purchase of a private passenger motion vehicle liability insurance policy.” Md. Code § 19-509.1(c). For this reason, it is extremely important that when you renew or obtain a new auto insurance policy, that you evaluate how such additional coverage could benefit you if you or a loved one were involved in an auto accident, when deciding whether to select EUIM coverage. For more information or questions regarding auto injuries and/or the new Enhanced Underinsured Motorist Coverage, please call Adam P. Frank at the Yost Legal Group.

Winter Driving Safety Tips Can Help In A Pinch! baltimore auto accident law firm, maryland car accident lawyers, baltimore car accident injury attorneys, maryland auto accident lawyers, baltimore personal injury lawyers, marlyand personal injury attorneys, winter weather driving safety tips, maryland driving safety, baltimore driving tips

With February and March being the most snow-ridden months of the year, it is crucial that all Maryland residents are prepared to drive in these dangerous weather conditions. Not only do roads become slick when coated with snow and ice, they also pose serious safety hazards if not properly maintained. While we don’t like to think about it, accidents do happen and we want to ensure that all motorists are prepared for any situation that…

Read More »

Keep Driving Safety a Top Priority During the Holidays! personal injury law firm Maryland, personal injury attorney baltimore, personal injury lawyers Washington d.c, holiday driving safety tips, holiday driving, Maryland holiday driving safety, Baltimore driving tips, Baltimore winter driving tips, holiday safety

The holidays bring many joys- family traditions, delicious food and most importantly, the cherished company of family and friends. While we get so wrapped up in the process of gift shopping, time in the kitchen and organizing holiday arrangements, we sometimes fail to consider driving safety around this chaotic time. Although we don’t like to think about it, driving safety is a legitimate concern around the holidays. A study conducted by the National Safety Council…

Read More »

“Drowsy Driving Prevention Week” Starts this Sunday 11/6 drowsy driving prevention week, drowsy driving, driving while tired, driver safety maryland, baltimore car accident lawyers, baltimore auto accident attorneys, car accident law firm baltimore, car crash lawyer baltimore

Now that fall is in full swing, the sunsets come earlier and the nights are longer. That means that it is almost inevitable for us to feel sleepier earlier in the day, and that can be a dangerous combination when paired with driving. Sunday, November 6th is the start of Drowsy Driving Prevention Week, a national movement aimed towards the elimination of sleepy driving. While many Maryland drivers are familiar with the risks associated with…

Read More »

Maryland Drivers – Please Be Extra Cautious on the Roads this Halloween halloween safety, trick or treating safety, halloween driver safety, halloween pedesetrian safety, baltimore halloween safety, maryland child safety, baltimore pedestrian accident lawyers, baltimore personal injury law firm

Halloween is just around the corner. Statistics show that Halloween is one of the most dangerous times of the year for young pedestrians. Maryland drivers should be ready to take special precautions on the road this year to ensure that everyone can enjoy the holiday safely. Children traveling in groups with their friends on Halloween may not always practice proper pedestrian safety. That means it is up to drivers to make sure that they slow…

Read More »