™Your Policy Risk Impact Agent
37 chapters · 1,713 sections in this title.
Mont. Code Ann. § 33-24-101 Measure Of The Indemnity -- Rescission For Fraud
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If there is no valuation in the policy and unless a basis more favorable to the insured is provided for in the policy, the measure of indemnity in an insurance against fire is the expense, at the time that the loss is payable, of replacing the thing lost or injured, in the condit…
Mont. Code Ann. § 33-24-102 Insuring Improvements -- Insurance Equal To True Value
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Whenever any policy of insurance is written to insure any improvements upon real property in this state against loss or damage and the property insured is considered to be a total loss, without criminal fault on the part of the insured or the insured's assigns, the amount of insu…
Mont. Code Ann. § 33-24-103 Specific Valuation -- Loss Equal To Insured Value
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(1) This section applies to policies, except motor vehicle insurance policies, that insure specific listed items of personal property against any loss or damage. (2) If the insurer places specific valuations upon particular items of covered property and bases the premium charge o…
Mont. Code Ann. § 33-24-104 Tax Lien On Insured Property Destroyed By Fire
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If taxes are due and unpaid on property covered by fire insurance and damaged or destroyed by fire, the government entity owed the taxes has a lien on fire insurance proceeds paid in relation to that property in the amount of the unpaid taxes.