Bill > HB636

This bill amends Maryland's condominium property insurance laws by increasing the maximum amount a unit owner is responsible for in the council of unit owners' property insurance deductible from $10,000 to $20,000, but only when the cause of damage originates from their specific unit. The bill requires the council of unit owners to annually inform unit owners in writing about their deductible responsibility and the specific deductible amount. If the damage cause originates from common elements or an event outside the condominium units, the deductible will be considered a common expense. The legislation applies to all property and casualty insurance policies issued, delivered, or renewed for condominium councils of unit owners on or after October 1, 2025. This change aims to provide clearer guidelines for handling insurance deductibles in condominium properties and ensures that individual unit owners have a defined financial responsibility when damage stems directly from their unit.

Transportation and Infrastructure

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0636?ys=2025RS