Montana Car Insurance Quotes

An Act for the elimination of reckless and irresponsible drivers of motor vehicles from the highways of the state of Montana, and providing for the giving of security and proof of financial responsibility by owners and operators of motor vehicles.

Montana state law requires minimum coverage of:

• $25,000 for bodily injury or death to one person.
• $50,000 total per accident for bodily injury or death.
• $10,000 for damage to property.

If proof of financial responsibility is not provided to the Department of Justice (Motor Vehicle Division), a vehicle may not be registered or continued to be registered. Evidence of financial responsibility must be carried in the vehicle.

If financial responsibility is secured by a bond, the bond must conditioned for payments in amounts and under the same circumstances that would be required for a motor vehicle liability policy.

Financial responsibility may also be secured by depositing with the state treasurer $55,000 in cash or securities that may be legally purchased by a savings bank or for trust funds of a market value of $55,000. The state treasurer issues a certificate of deposit as proof of financial responsibility.

The penalties for not having insurance are:

• conviction of a first offense: $250-$500 fine or imprisonment in the county jail for not more than 10 days, or both;
• second conviction: $350 fine or imprisonment in the county jail for not more than 10 days or both;
• third or subsequent conviction: $500 fine or imprisonment in the county jail for not more than 6 months, or both.