Montana § 33-24-103 - Specific Valuation -- Loss Equal To Insured Value
Full text of Montana Montana Code Annotated § 33-24-103 — Specific Valuation -- Loss Equal To Insured Value, with citation guidance and answers to common questions.
§ 33-24-103. Specific Valuation -- Loss Equal To Insured Value
Specific valuation -- loss equal to insured value. (1) This section applies to policies, except motor vehicle insurance policies, that insure specific listed items of personal property against any loss or damage. (2) If the insurer places specific valuations upon particular items of covered property and bases the premium charge on these valuations, then the insurer shall compute any total loss or total damage to the property, when covered, at the stated valuation with no deductions or offsets except for the selected deductible in the policy.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-24-103
What does Montana Code Annotated § 33-24-103 cover?
Section 33-24-103 ("Specific Valuation -- Loss Equal To Insured Value") 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 § 33-24-103?
A common citation format is "Montana Code Annotated § 33-24-103" (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 § 33-24-103 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.