Montana § 33-16-223 Effective Period Of Reduction

Montana Statutes

§ 33-16-223 — Effective Period Of Reduction

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 16 RATES -- RATING AND ADVISORY ORGANIZATIONS·Part 2 Rates and Rating Plans

33-16-223 . Effective period of reduction.

(1)The premium reduction required by 33-16-222 is effective for an insured for a 3-year period after successful completion of the approved course. Each person shall take an approved course every 3 years in order to continue to be eligible for the reduction in premium required by 33-16-222 .

(2)An insurer may require, as a condition of maintaining the discount, any or all of the following:

(a)that the insured not be involved in an accident in which the insured is at fault;

(b)that the insured not be convicted of or plead guilty or nolo contendere to a moving traffic violation; or

(c)that the insured not have forfeited bail or collateral for a moving traffic violation.

Free access — add to your briefcase to read the full text and ask questions with AI

33-16-223 . Effective period of reduction. (1) The premium reduction required by 33-16-222 is effective for an insured for a 3-year period after successful completion of the approved course. Each person shall take an approved course every 3 years in order to continue to be eligible for the reduction in premium required by 33-16-222 .
(2) An insurer may require, as a condition of maintaining the discount, any or all of the following:
(a) that the insured not be involved in an accident in which the insured is at fault;
(b) that the insured not be convicted of or plead guilty or nolo contendere to a moving traffic violation; or
(c) that the insured not have forfeited bail or collateral for a moving traffic violation.

Montana § 33-16-223 (Effective Period Of Reduction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.