This is a form notice to the insurance carrier of a person involved in a motor vehicle accident.
This is a form notice to the insurance carrier of a person involved in a motor vehicle accident.
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Montana state law requires all commercial auto policies to have a minimum liability limit of $25,000 per person, $50,000 per accident for bodily injury and $20,000 for property damage (i.e., 25/50/20).
Montana drivers must maintain liability insurance. Under Montana Code Annotated (MCA), Section 61-6-103, the mandatory minimum insurance coverage per incident is: $25,000 for bodily injury or death for one person. $50,000 for bodily injury or death for two or more persons.
What Is Montana Insurance Bad Faith Law? Under Montana Insurance Bad Faith Law, insurance companies have a duty to act in good faith and they must attempt to promptly settle legitimate claims where liability is reasonably clear.
Is Montana a fault or no-fault state? Like most states, Montana is a ?fault? or ?tort? state for car accidents. That means the driver responsible for the accident is responsible for paying the damages (financial compensation) for injuries and property damage caused in the accident.
In short, the answer is no. Montana is actually a tort state ? also known as an at-fault state. In the United States, this is the most common form of liability law relating to fault and liability.
(1) (a) Except as provided in subsection (1)(b), an owner of a motor vehicle that is registered and operated in Montana by the owner or with the owner's permission shall continuously provide insurance against loss resulting from liability imposed by law for bodily injury or death or damage to property suffered by any ...
Montana Auto Insurance Requirements All car owners in Montana are required by law to carry the following minimum levels of insurance: Bodily injury: $25,000 per person and $50,000 per accident. Property damage: $20,000 per accident. Uninsured/underinsured motorist: $25,000 per person and $50,000 per accident*
All car owners in Montana are required by law to carry the following minimum levels of insurance: Bodily injury: $25,000 per person and $50,000 per accident. Property damage: $20,000 per accident. Uninsured/underinsured motorist: $25,000 per person and $50,000 per accident*