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Maryland Code, Insurance § 12-306

Current as of January 01, 2025 | Updated by Findlaw Staff

A settlement made by an insurer or a self-insurer approved under § 17-103(a) of the Transportation Article under a motor vehicle liability insurance policy of a claim arising from an accident or other event for damage to or destruction of property owned by another person:

(1) may not be construed as an admission of liability by the insured or recognition of liability by the insurer or self-insurer with respect to another claim arising from the same accident or event; and

(2) does not preclude a claim for bodily injury or other claims outside the scope of the settlement.

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Cite this article: FindLaw.com - Maryland Code, Insurance § 12-306 - last updated January 01, 2025 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-12-306/

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