Cheap auto insurance for teenagers in Montana

Whether the car in registered in your teen’s name or your name, the mandatory automobile insurance laws of Montana still require you to carry the minimum liability auto insurance. The Montana mandatory auto insurance laws require you to carry $25,000.00 of insurance for each individual injured in an accident, $50,000.00 for all injuries incurred in an accident and $10,000.00 for any property damage incurred in an automobile accident to cover your teenager when they are behind the wheel. Insurance companies in Montana may suggest you carry more than the minimum state requirements because of the higher risk of accidents posed by inexperienced teen drivers. Furthermore, following their advice may actually reduce the cost of insuring your teenager. There is no doubt that adding your teenagers to your policy will increase your premiums but it will generally cost less than putting them on their own policy. Encouraging your teen to maintain a “B” grade point average and drive sensibly will help to reduce these added costs to your premiums.

Since Montana is a Torte state, the person causing the accident can be sued for pain, suffering, lost wages and medical costs which result from the accident. For this reason, it is a good idea to carry more than the minimum required auto liability insurance on teens. Liability insurance will cover the injuries and deaths which are inflicted on all other persons involved in the accident. It will also cover all property damage whether it is another vehicle or a fence. It is strongly suggested that collision and comprehensive insurance be carried for young drivers. Collision covers the damages and replacement costs to the car your teen drives in the case of an accident involving another car, reckless driving, etc even if your teen was at fault. Comprehensive auto insurance covers accidents involving acts of nature such as four legged animals and accidents caused by bad weather.

The auto insurance coverage must come from a company which has been approved by the state of Montana. You are required to carry proof of insurance with you at all times. This proof must include the VIN number of your vehicle, the make and model of your vehicle, the name of those covered as well as the policy holder and the name of the insurance company and the current effective dates of coverage. If your teen does not provide proof of insurance, they will be fined $250.00 to $500.00 and receive 10 days of jail time as well as add 5 points to their driving license record. Proof of proper liability auto insurance coverage includes a insurance identification card from the insurance company and a copy of the current insurance policy.

You may be able to reduce the cost of your teen’s insurance by encouraging your teen to maintain a clean driving record. Do not put your teen driver in a luxury car or a sports car. Have your teen successfully complete a state approved driver education course. It may also reduce premium costs if you avoid the high priority cars for thieves. The top ten list of stolen cars in Montana is listed below.

1. 1989 Chevrolet C/K 1500 Pickup (full size)
2. 1984 Ford F150
3. 1991 Honda Accord
4. 1996 Honda Civic
5. 1986 Toyota Pickup
6. 1999 Pontiac Grand Am
7. 1976 Ford Heavy Duty
8. 1993 Ford Explorer
9. 1995 Ford Escort
10. 1993 ford Ranger