RE: Maryland Legislation on Use of Deductibles

Statement from Erin Collins
State Affairs Director, Mid-Atlantic Region
National Association of Mutual Insurance Companies

RE: Maryland Legislation on Use of Deductibles

“NAMIC supports SB 887 that further clarifies the use of deductibles in Maryland. The original passage of this law contained ambiguous language that has confused when and how certain deductibles may be applied. SB 887’s language clears up any confusion, which will help keep the market functioning well.

“The use of deductibles is a widely used tool in the United States. They are part of a healthy homeowners’ market that allows insurers to cover more customers in more areas at a lower premium.”


Lisa Floreancig
Director of Public Affairs, State & Policy Affairs