Need Car Insurance For My New Car
Reader’s Question:
I’m from Montana and just bought a new car. What do I need to do next?
Desiree
Billings, MT
Before acquiring car insurance, it is important to know that every state has its own insurance laws. Every state demands that its motorist have financial accountability in case they cause vehicular accidents.
The State of Montana requires its motorists to have minimum liability coverage. This insurance covers $25 thousand in medical expenses for a single car occupant, and pays up to a total of $50 thousand in medical costs for all occupants in the car. While for property damage, an amount up to $10 thousand is covered by the car insurance.
Car insurers cover repairs for damages to public properties or the other motorist’s car. Since medical and repairs cost are steadily rising, minimum liability coverage may not be enough. And since the one at fault will shoulder all the expenses to repairs done to his or her own car, it would be smart to carry collision coverage. This section in your policy will assist in paying for your car repairs.
While car insurance is mandatory in all states, some motorists drive without any coverage at all. For this reason, uninsured motorist insurance is also very advisable. This will cover for your medical costs following an accident if an uninsured driver causes it.
Shop around. Get quotes from many car insurance companies. It is best to talk with an agent who represents various companies to save time. You can also visit the websites of car insurance companies in Montana. Knowing all your options will prove to be useful financially.
If you have decided on a company, always remember to deal with a legitimate local agent. Ask for a proof of license. Do not make cash payments. Either pay by check or money order made out to the company. Do not forget to ask for a copy of the policy within a reasonable amount of time from purchase. Read your policy carefully especially the fine print. Knowing the coverage type and its limitations is very important.
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