Montana Code 33-1-214. Mechanical breakdown insurance
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33-1-214. Mechanical breakdown insurance. (1) Mechanical breakdown insurance means a policy, contract, or agreement issued by an authorized insurer that provides for the repair, replacement, or service for the operational or structural failure of the property because of a defect in materials or workmanship or because of normal wear and tear.
Terms Used In Montana Code 33-1-214
- Contract: A legal written agreement that becomes binding when signed.
- Property: means real and personal property. See Montana Code 1-1-205
(2)The term does not include motor club services, as defined in 61-12-301.
(3)Mechanical breakdown insurance is a type of casualty insurance provided for in 33-1-206.