Billings SR22
Q: What kind of insurance am I required to have for my Billings SR22 policy?
A: If you take out a Billings SR22 insurance policy, you will need to be up to the standards of insurance coverage required by Monana state law. I’ll break down the main types of coverage you will need to do so, although you may also need additional coverages.
- $25,000 for the bodily injury or death of per person in an accident.
- $50,000 for the bodily injury or death total coverage for a single car accident.
- $10,000 for the damage of property of others in an accident.
You will have to have these limits on your Billngs SR22 policy, at least, although most car insurance companies will recommend that you raise the dollar limits several thousand dollars higher to 100/300/100 so you are best covered in all circumstances.
Aside from the law, for people who are in the process of financing or leasing a car, their seller or leaser may require them to have collision, gap, and comprehensive coverage, too.