Montana Property & Casualty Insurance License Exam — All Questions
3 questions
What are Montana's minimum bodily-injury auto liability limits for a private passenger vehicle?
- a.$15,000 per person / $30,000 per accident
- b.$25,000 per person / $50,000 per accident✓
- c.$50,000 per person / $100,000 per accident
- d.$100,000 per person / $300,000 per accident
Montana's minimum bodily-injury liability limits are $25,000 per person and $50,000 per accident (25/50), with a separate property-damage minimum also required. These are minimums set by state law and can change; confirm the current bodily-injury and property-damage figures with the Montana Commissioner of Securities and Insurance.
How is Montana's auto insurance system best characterized with respect to the right to sue?
- a.A no-fault state that restricts auto injury lawsuits
- b.An add-on PIP state with mandatory first-party benefits
- c.A tort ('at-fault') state in which the injured party keeps the right to sue the at-fault driver✓
- d.A state with no financial-responsibility requirement
Montana is a tort, or at-fault, state: it does not mandate no-fault personal injury protection, so an injured person retains the full right to sue the at-fault driver for damages. Compulsory liability coverage still applies under Montana's financial-responsibility law. Confirm current requirements with the Montana Commissioner of Securities and Insurance.
Under Montana's compulsory insurance / financial-responsibility law, a private passenger auto must at minimum carry:
- a.Bodily-injury and property-damage liability coverage at the state minimum limits✓
- b.Only comprehensive coverage
- c.No coverage, because Montana does not require auto insurance
- d.Collision coverage only
Montana requires every registered motor vehicle to be covered by liability insurance meeting the state minimum bodily-injury and property-damage limits (or an approved alternative proof of financial responsibility). Verify the current minimum limits with the Montana Commissioner of Securities and Insurance.