Maryland Automobile Insurance Fund (MAIF)

The Maryland Automobile Insurance Fund (MAIF) was created by the Maryland State Legislature in 1972 for the purpose of providing automobile liability insurance for those residents of the State of Maryland who are unable to obtain it elsewhere in the private insurance market. MAIF is an independent agency of the State of Maryland, and as such, reports directly to the Governor and is responsible to the Maryland State Legislature. Rules governing MAIF are set out by law in Title 20 of the Insurance Article of the Annotated Code of Maryland. Operating funds for MAIF are received from the insurance premiums written with MAIF. MAIF receives no State Funding and any debts or obligations of the Fund cannot be deemed to be debts of the State of Maryland.