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Montana Car Insurance (MT)Montana Car insurance RequirementsThe state of Montana requires all auto insurance policies issued in the state to contain liability coverage, and provides statutory minimums that must be met. Drivers must carry at least $25,000 in bodily injury liability coverage for an individual and $50,000 for each incident. There is also a minimum of $10,000 in property damage liability to cover repair costs for the car you hit.If you are in an accident that is your fault, your insurance company will pay up to $25,000 in injury-related expenses for any one person in the other car, and a maximum of $50,000 for all occupants of the vehicle. It will pay up to $10,000 towards repair of the vehicle or its replacement. These legal minimums do not limit your liability. Because of today's high medical costs and auto repair and replacement costs, many people carry liability coverage well beyond what is required by state law. Optional Car Insurance Coverage in MontanaOptional coverage includes uninsured / underinsured motorist insurance. This policy component is meant to pay for your expenses if you are involved in a collision with an uninsured driver, or one whose coverage is not enough to pay your expenses. This type of insurance often covers only bodily injury and the state will often set statutory minimums that match the liability requirements. Get a FREE auto insurance quote in Montana (MT) today >> In order to protect yourself from an enormous car repair bill, you should consider two other insurance choices. Collision coverage pays for the repairs to your car after an accident which is your fault. Comprehensive pays for damages to your car cause by non-traffic related occurrences, such as fire, storm damage, theft or vandalism. Each of these insurance components are sold with deductible payments attached to them. It is generally thought that you should opt for the highest deductible that you can manage financially. High deductibles will substantially lower your insurance premium. Medical payments insurance is another critical option. It pays the injury-related costs for you and your passengers if necessary, no matter who is at fault. It is another layer of protection from huge medical costs; moreover, it will often cover such non-medical expenses as wage loss and rehabilitation. Most insurance companies will also offer coverage for the towing charges incurred while removing your car from an accident scene. If you are an auto club member, this type of insurance is probably unnecessary. You can also buy coverage for rental car costs for a vehicle to drive while yours is in the shop.
* Cars-Insured.net is not a broker, insurance agent, or carrier. The content on the site is for informational purposes only. Products and services described may not be available in all states. |
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