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Current as of January 01, 2024 | Updated by Findlaw Staff
Each motor vehicle insurance policy issued to residents of this state that provides that reimbursement for total loss of a motor vehicle be based on a “book” value rather than on the actual replacement value is void as to that provision, and reimbursement must be made for actual replacement value except as provided in 27-1-306.
Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-23-202. Reimbursement for total loss of motor vehicle based on actual replacement value - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-st-33-23-202/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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