There is typically one major reason drivers want to make out-of-pocket payments. They usually have a history of accidents and fear their insurance premiums will increase if they report another crash. However, some drivers choose to handle minor repairs if repairs will cost less than their deductible. Also, for minor single car accidents without injuries, you may be able to safely pay to repair your own car. No one will stop you. However, if you hit someone else’s car, you shouldn’t try to pay them out-of-pocket.
General Observations About Insurance Claim Laws from a Montana Car Accident
A Montana auto accident lawyer can clarify the different scenarios regarding insurance claims in the state. You should know that Montana is a fault state. The person who is responsible for the accident is liable for the damage it caused. The at-fault driver’s insurance company cannot absolve themselves from the responsibility of paying the damages. The insurer covers the victim’s loss of wages/income, injuries, vehicle damage, and other losses. This is why they may increase the premiums of a reckless driver. The insurance settlement can come through negotiation out of court or through a court process. So, whatever course the claim takes, a Montana car accident attorney has a vital role to play.
How Many Types of Insurance Claim Procedures Are There in Montana?
In Montana, a car accident victim can seek damages in three ways. They can:
- File a claim with their own insurance company. Your insurance company may pay your claim. However, they will file a subrogation claim with the other driver’s insurance company. You have nothing to worry about in such a situation as the attorneys will take care of the matter.
- File a claim with the at-fault driver’s insurance company.
- File a personal injury lawsuit against the at-fault driver in a civil court in Montana.
What is the Difference Between a Fault State and No-Fault State?
An accident in a no-fault state leaves the victim with limited choices for filing a claim. In such cases, the victim is required to approach his/her own insurance company for personal injury protection coverage. Their insurance pays the compensation irrespective of the nature of damage. They are even liable to pay any other out-of-the-pocket losses. Since these claims include legal complexities, you should appoint a Montana auto accident lawyer to take care of your case.
What Are the Minimum Amounts of Liability Coverage Required in Montana?
As per the Montana Code Annotated Section 61-6-103, vehicles must have a certain level of liability coverage. There should be:
- Minimum liability of $25,000 for injury or death of one person caused by the driver or owner of the vehicle.
- Minimum liability of $50,000 for total bodily injury or death of one person. This can be caused by the driver or owner of the vehicle.
- Minimum liability of $20,000 for property damage per accident caused by the driver or owner of the vehicle.
Should I Pay Out-Of-Pocket or Stick to an Insurance Claim?
If you have insurance coverage with proper liability protection, you should report your accident to the insurance company. Out-of-pocket settlements can lead to complications down the road. If you don’t have adequate insurance, you are driving illegally and shouldn’t be on the road. Either way, you need a Montana car accident attorney to handle your case for you. They will give you all the advice and guidance you need.
Why You Should Consult with a Montana Auto Accident Lawyer
If you caused an accident, it would be better to consult with a Montana car accident attorney. They can advise you of the laws governing automobile liability insurance in Montana. The consultation is unlikely to cost you anything so you have nothing to lose by seeking a legal opinion. You will gain valuable information about the different types of claims and penalties for not adhering to the law. If you hire them, you will only pay after your claim is settled.
Handling an insurance claim may seem difficult and time-consuming. If you choose to retain a lawyer, they will negotiate with the insurance company on your behalf. If settlement proves impossible, they will take the case to court. Above all, t is best to have a lawyer by your side from the beginning.
Contact Billings Injury Lawyer As Soon As Possible
You don’t want to be in breach of the law. If you are considering paying damages out-of-pocket, contact Billings Injury Lawyer today for a consultation. We will listen to the details of the case and tell you whether that is the smart thing to do. Make that call today before you make a decision you may regret.