Financial Responsibility and Insurance Requirements Flashcards

In Montana, which type of liability coverage is required by law for all registered vehicles?

Answer: Bodily injury and property damage liability

Montana law mandates that all registered vehicles carry bodily injury and property damage liability insurance at minimum.

What may happen to your vehicle registration if your insurance lapses in Montana?

Answer: Your registration may be suspended

Montana can suspend your vehicle registration if proof of required insurance is not maintained, linking registration to financial responsibility.

Which offense most commonly triggers an SR-22 requirement in Montana?

Answer: DUI conviction or driving with a suspended license

SR-22 filing is typically required after serious offenses such as DUI, driving under suspension, or being involved in an uninsured accident.

A surety bond used as proof of financial responsibility in Montana must be issued by:

Answer: A surety company authorized to do business in Montana

A surety bond accepted as proof of financial responsibility must be issued by a licensed surety company authorized to operate in Montana.

If you are involved in a vehicle accident in Montana while uninsured, the DMV may:

Answer: Suspend your driving privileges

Being uninsured in an accident can lead to suspension of your Montana driving privileges in addition to other legal penalties.

Which drivers are subject to Montana's financial responsibility (insurance) law?

Answer: All drivers operating motor vehicles on public roads

Montana's financial responsibility law applies to all drivers operating any motor vehicle on public roads, regardless of age or vehicle type.

Uninsured motorist coverage in Montana is:

Answer: Optional but strongly recommended

Uninsured motorist coverage is not required by Montana law but is strongly recommended to protect you if you are hit by an uninsured driver.