Md. Code, Insurance § 12-306
This is the official text of Md. Code, Insurance § 12-306, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§12–306.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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