33-1-214. Mechanical breakdown insurance

MT Code § 33-1-214 (2019) (N/A)
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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.

(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.

History: En. Sec. 65, Ch. 472, L. 1999; amd. Sec. 10, Ch. 227, L. 2001.