Montana § 33-15-1108 - Limitation On Midterm Premium Increases
Full text of Montana Montana Code Annotated § 33-15-1108 — Limitation On Midterm Premium Increases, with citation guidance and answers to common questions.
§ 33-15-1108. Limitation On Midterm Premium Increases
Limitation on midterm premium increases. (1) In any case involving property or casualty insurance that is subject to this part, the insurer may not unilaterally increase the rate charged or decrease the coverage provided for the contract period unless: (a) there is a change in risk during that period because of the addition or removal of persons or property that was included in the rate at last renewal; (b) the risk was misrepresented by the insured; or (c) the insured requests a policy change that increases the rate because of that specific request. (2) This section does not prohibit the cancellation of a policy for any other reason permitted by the policy or by law during an initial policy period not to exceed 60 days. (3) This section does not prohibit an insurer from providing a benefit or premium reduction relating to preventative measures taken by a policyholder under 33-24-110 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-15-1108
What does Montana Code Annotated § 33-15-1108 cover?
Section 33-15-1108 ("Limitation On Midterm Premium Increases") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 33-15-1108?
A common citation format is "Montana Code Annotated § 33-15-1108" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 33-15-1108 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.