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Montana insurance laws

Insurance regulations, rate filing requirements, department info, and recent bulletins for Montana. Updated Mar 31, 2026.

Department of Insurance

DepartmentMontana Commissioner of Securities and Insurance, Office of the State Auditor
CommissionerJames Brown
Rate Filing SystemFile and Use
Regulatory CodeMontana Code Annotated Title 33 §§ 33-1-101 through 33-28-501 (Insurance and Insurance Companies)
Overview

Montana operates under a File and Use rate system where insurers must file rates on or before the effective date per MCA § 33-16-203. The Montana Commissioner of Securities and Insurance (CSI) regulates the insurance industry, ensuring consumer protection and market stability. Montana has adopted a competitive market approach with the Montana State Fund providing workers compensation alongside private carriers, and maintains robust consumer protections including credit scoring regulations, wildfire mitigation incentives, and comprehensive guaranty association coverage.

Auto Insurance

Min Pd$20,000
Pip MinN/A - Montana is not a no-fault state
StatuteMCA §§ 61-6-103, 33-23-201
Fault SystemTort (at-fault)
Min Bi Per Person$25,000
Uninsured PenaltyFirst offense: $250-$500 fine; up to 10 days jail; license suspension possible
Min Bi Per Accident$50,000
Sr22 Duration Years3
Noncompliance PenaltyInsurers failing to comply with rate filing requirements face fines up to $25,000 per violation under MCA § 33-1-317; license suspension or revocation possible under MCA § 33-17-1001
Rate Filing RequirementFile and Use per MCA § 33-16-203 - rates must be filed on or before effective date with supporting data
Avg Full Coverage Premium$1,644-$2,395 per year (varies by source, 2025-2026 data)

Notable Laws

  • MCA § 61-6-103: Establishes minimum motor vehicle liability insurance limits at $25,000/$50,000/$20,000
  • MCA § 33-23-201: Requires uninsured motorist coverage unless rejected in writing by insured
  • MCA § 61-6-304: Penalties for driving without insurance - $250-$500 fine for first offense, potential jail time
  • MCA § 33-16-203: Requires rate filings with commissioner and mandates premium reductions for qualified operators 55+ and National Guard members
  • MCA § 61-6-157: Establishes motor vehicle insurance verification system for confirming coverage

Homeowners Insurance

StatuteMCA §§ 33-23-401, 33-18-605, 33-18-210
Wind PoolN/A - No state wind pool program
Fair Plan NameN/A - Montana does not have a FAIR plan
Noncompliance PenaltyInsurers violating cancellation notice requirements or unfair discrimination provisions face fines up to $25,000 per violation under MCA § 33-1-317
Rate Filing RequirementFile and Use per MCA § 33-16-203 - rates filed on or before effective date; 2025 HB 136 allows premium reductions for wildfire mitigation measures

Notable Laws

  • MCA § 33-23-401: Requires 45 days written notice for cancellation or nonrenewal, 20 days for nonpayment
  • MCA § 33-18-605: Permits use of credit information and insurance scores in homeowners insurance rating
  • 2025 HB 136: Allows insurers to provide premium reductions for preventative measures (wildfire mitigation, wind/hail resistant materials)
  • MCA § 33-18-210: Prohibits unfair discrimination and illegal rebates; limits use of claims history to 7 years for homeowners policies
  • Montana has no state-mandated homeowners insurance or FAIR plan; private market only

Recent Bulletins

Advisory Memorandum Regarding Guidance for the Montana Pet Insurance Act

2026-01-14

Provides guidance to property and casualty insurers offering pet insurance regarding the Montana Pet Insurance Act enacted in 2025 via HB 78

View bulletin

Advisory Memorandum Regarding Unfair Trade Practices in Marketing to Medicare-Eligible Montanans

2025-11-06

Addresses unfair trade practices for health insurance companies marketing to Medicare-eligible individuals in Montana

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Rescinding Advisory Memorandum on Hospital Indemnity and Fixed Indemnity Coverage

2025-09-18Effective: 2025-09-18

Formally rescinds the August 2, 2024 advisory regarding federal rules for hospital and fixed indemnity coverage

View bulletin

Insurance Refusals and Wildfire Risks

2025-07-02

Advisory regarding insurance company practices related to coverage refusals and non-renewals in areas with wildfire risks

View bulletin

Insurer Compliance with Open Container and Marijuana Possession Laws

2025-07-02

Guidance for insurers regarding compliance with state laws concerning open containers and marijuana possession

View bulletin

Recent Law Changes

HB 782025Pet Insurance

Montana Pet Insurance Act

Creates comprehensive legal framework for pet insurance, establishing definitions, disclosure requirements, prohibited practices, and consumer protections for pet insurance policies

Pet insurance providers must comply with new transparency and disclosure requirements; consumers gain standardized protections

Effective: 2025-10-01

HB 1362025Homeowners Insurance

Revise Property Insurance Laws Relating to Preventative Measures

Allows insurers to provide benefits or premium reductions to homeowners insurance policyholders for preventative measures to reduce property damage from fire, wind, and hail

Homeowners who implement wildfire mitigation and risk reduction measures may receive premium discounts from insurers

Effective: 2025-10-01

HB 2452025Health Insurance

Revise Montana HELP Act Workforce Development and Termination Date

Continues Medicaid expansion program by lifting the 2025 sunset date and revising workforce development provisions under the HELP Act

Over 75,000 low-income Montanans maintain continued access to Medicaid expansion health coverage without sunset concerns

Effective: 2025-07-01

SB 3352025Health Insurance - Dental

Montana Dental Insurance Transparency and Accountability Act

Establishes transparency requirements for dental insurance, including loss ratio standards and accountability measures for dental insurance plans

Dental insurers must meet minimum loss ratio requirements and provide increased transparency to consumers and providers

Effective: 2025-10-01

HB 8082023Bail Bond Insurance

Generally Revising Laws Relating to Surety Bail Bond Insurance

Creates surety bail bond insurance license category, establishes qualification and training requirements, and regulates surety bail bond insurance practices

Bail bond insurers and agents must obtain specialized licensing and meet training requirements under new regulatory framework

Effective: 2024-01-01

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