Source: https://law.justia.com/codes/maryland/2015/article-gin/title-19/subtitle-5/section-19-508/
Timestamp: 2019-04-24 20:05:30
Document Index: 791330027

Matched Legal Cases: ['§ 19', '§ 19', '§ 19', '§ 19', '§ 19', '§ 19', '§ 19']

§ 19-508 - Personal injury protection coverage -- Payment of benefits :: 2015 Maryland Code :: US Codes and Statutes :: US Law :: Justia
Justia US Law US Codes and Statutes Maryland Code 2015 Maryland Code INSURANCE Title 19 - PROPERTY AND CASUALTY INSURANCE Subtitle 5 - MOTOR VEHICLE INSURANCE -- PRIMARY COVERAGE § 19-508 - Personal injury protection coverage -- Payment of benefits
MD Ins Code § 19-508 (2015) What's This?
(1) Subject to paragraphs (2) and (3) of this subsection, an insurer shall make all payments of the benefits described in § 19-505 of this subtitle periodically as claims for the benefits arise and within 30 days after the insurer receives satisfactory proof of claim.
(b) Notice to insured. --
(1) When an insurer that provides the benefits described in § 19-505 of this subtitle receives written notice from an insured of the occurrence of a motor vehicle accident for which benefits may be available under § 19-505 of this subtitle, the insurer shall notify the insured by mail of the latest date on which a claim may be filed for benefits under § 19-505 of this subtitle as provided in subsection (a)(2)(i) of this section.
(c) Interest on overdue payments. -- Payments of benefits that are not made in accordance with this section and that are overdue shall bear simple interest at the rate of 1.5% per month.