Saturday, 16 May 2015

MAIF Insurance Application And Claim Processing

By Tammie Caldwell


Insuring the car is very in demand these days. These are very useful to finance accidents that lead to major injuries or even death. Hence, you will need your vehicles to be insured just in case. There are requirements that need to be met in order for the application to be approved. For vehicles, there is a required insurance coverage and of this expires, tendency is you will face a lot of charges and will be sanctioned. The sanctions will differ from one state to another.

There will be penalties if you do not have the papers. It will differ from state to state. In Mount Rainier, Maryland for example, the government requires the residents to get their insurance. Otherwise, they will be charged under the Maryland State Legislature. They will pay damages to the state and will also be fined with other payments. MAIF Insurance is the independent contractor for the state which primary function is to process everything that concerns the vehicles registered in the area.

In addition, it is authorized to impose sanctions on anyone who drives without the papers. Some of these sanctions or penalties include a fee of twenty five dollars, license confiscation, charges by the courts which may lead to additional fees, confiscation of plates, a one hundred and fifty dollar fee for uninsured motorist or driver, and prohibition from registration of other automobiles if insurance has not been applied yet for the other one. So any Maryland resident must be responsible.

If you bought a new car, you need to immediately register them. Any registered vehicle needs to be insured as well. MAIF or Maryland Automobile Insurance Fund is an independent body or agency that follows the standards of the Maryland State Legislature. They cater to those who have not been approved by private agencies.

Before you decide to flaunt your new car on the highway, always make sure that it is duly registered and has the complete papers of the insurance company. MAIF or the Maryland Automobile Insurance Fund sets the rules and standards in applying your car to the insurance service. They are responsible to entertain residents that have not been approved by private insurance agencies.

An investigation will be done right after. In case of injuries, emergency personnel have to be notified as soon as possible to attend to those injuries. Then evidence must be gathered in time for the accident. Some people put cameras on their dashboards.

But if you have not prepared for the inevitable, you may ask the locals or an establishment nearby if there are CCTVs installed near the place. Police investigations will also be a good evidence. Most especially if you are sure, and it is obvious that the other driver is at fault.

Then you need to report also to the hotline number of MAIF so that they will be notified ahead and make arrangements to process the claim as soon as possible. An agent will explain what other requirements are needed. After all the requirements have been submitted and assessed, then you can receive the claim.

You may also be able to lower your payment costs. You just have to have a very good record for driving. There are also deductibles offered by MAIF. But there is a consideration in the age and functionality of the car. If yours is too old, the fund for that if it gets involved in an accident will be low.




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