Car Insurance in Montana
Montana sees itself in being “The Last Best Place”; however, it’s still not immune to vehicle accidents. To protect its residents from the overwhelming costs of these accidents, Montana needs all drivers to hold liability car insurance.
Montana Car Insurance Requirements
Montana law demands you to have liability insurance to help cover costs associated with injury and property damage in an accident for which you are at fault.
READ ALSO:HOW TO GET CAR INSURANCE
To meet the legal requirement for liability auto insurance, your coverage must meet at least the following minimums:
- $25,000 for bodily injury,per person.
- $50,000 for total bodily injuryof multiple people hurt in an accident.
- $20,000 for total property damage.
Many drivers may feel that meeting the minimum vehicle insurance requirements in Montana does not fully protect them.
If you would like to get more out of your vehicle insurance, consider buying these common optional coverage types:
- Collision* – This will assist pay for damages to your car in case of a traffic accident.
- Comprehensive* – This coverage will aid pay for damages to your car that happen from several types of incidents that are not collision-related.
- Medical payments– This will assist pay for your medical costs after an accident.
- Uninsured motorist** – Covers you in case you are involved in a vehicle accident caused by an uninsured driver.
- Underinsured motorist** – Often bundled with uninsured motorist coverage, this will assist with costs after an accident with a driver whose insurance is not sufficientto pay for your injuries.
* Collision and comprehensive coverages are generally demanded as part of a car loan or lease agreement.
** Uninsured/underinsured motorist coverage must be offered as part of your liability car insurance. However, you have the option of declining it in writing.
Proof of Insurance
State law needs you to show proof of insurance to a police officer if you are:
- Pulled over.
- Involved in a vehicle accident.
You can obtain a proof of insurance through your Montana car insurance company or agent. The most common form of proof of insurance is an insurance ID card.
Additionally, Montana keeps an electronic database accessible by most law enforcement agencies that can verify your vehicle insurance status.
Violations and Penalties
Driving without car insurance is seen as a misdemeanor in Montana.
You face penalties including:
- Jail time.
- Revocation or suspension of your driver’s license.
- Points on your driving record.
Keep in mind that vehicle insurance violations on your Montana driving record can make it harder for you to get car insurance and will most likely result in expensive car insurance premiums.
Montana Automobile Insurance Plan
Some drivers may have a hard time finding a car insurance company willing to provide them coverage.
If you cannot get car insurance, you may apply for coverage through the Montana Automobile Insurance Plan.
Through the plan, car insurance companies within the state share the risk of providing insurance to high-risk drivers.
Western Association of Automobile Insurance Plans
Montana’s automobile insurance plan is part of a grouping of plans that forms the Western Association of Automobile Insurance Plans (WAAIP).
For information on applying for insurance through the plan, contact WAAIP at (800) 227-4659.
Other Auto Insurance Issues
The Montana Commissioner of Securities and Insurance (CSI) offers services to the public to assist with insurance-related issues such as consumer complaints and insurance fraud.
The CSI encourages you to try to settle any disputes with your insurance company before filling a complaint. However, if you must file a complaint, you can do so via one of the following methods:
- By phoneat (800) 332-6149.
- Onlineat the CSI website.
Determining Car Insurance Rates
There are many factors that affect your car insurance rates in Montana.
When shopping for insurance, remember that the following commonly factor into vehicle insurance premiums:
- Your driving record drivin.
- Credit history.
- Your car’s:
- Zip code.
- This is the amount towards a claim for which you are liable.
- You can reduce your rates by assuming higher deductibles.
MT Car Insurance Discounts
A great way to save on car insurance is to take advantage of any discount that can apply to your premium.
As you compare car insurance quotes, inquire about the following common discounts:
- Good driver.
- Good student.
Discounts can assist you save a lot of money on car insurance. However, the best way to get low-cost Montana auto insurance is to obey traffic laws, avoid accidents, and maintain a clean driving record.
Most Stolen Cars in Montana
If you own a car that is highly targeted for theft, you may face more costly car insurance rates.
The following is a list of the most stolen cars in Montana for 2013, according to www.nicb.org:
- Chevrolet Pickup (Full Size).
- Ford Pickup (Full Size).
- Honda Accord.
- Dodge Pickup (Full Size).
- GMC Pickup (Full Size).
- Chevrolet Pickup (Small Size).
- Chevrolet Impala.
- Toyota Camry.
- Honda Civic.
- Subaru Legacy.