(a) A guardian of a minor may insure for the minor property that the minor owns.
(b) A property insurance contract issued to a guardian under subsection (a) of this section has the same effect as if the minor were an adult and had made the property insurance contract.
Structure Maryland Statutes
Title 12 - Policy Forms and Provisions
Subtitle 3 - Property and Motor Vehicle Liability Insurance
Section 12-301 - Insurable Interest in Property Required
Section 12-302 - Guardian Authorized to Insure Minor's Property
Section 12-303 - Effect of Death of Insured
Section 12-304 - Certificate on Property of Borrower
Section 12-305 - Motor Vehicle Liability Insurance -- Mandatory Settlement of Property Damage Claim
Section 12-306 - Motor Vehicle Liability Insurance -- Effect of Settlement of Property Damage Claim