bestauto insuranceBillings2022Compare the Cheapest Car Insurance Quotes in Billings, MT
On average, car insurance in Billings costs $1,216 per year, which is equal to Montana’s state average. The cheapest widely available insurance provider is State Farm, with a typical cost of $751 per year. If you are looking for insurance coverage that balances low costs and quality service, MoneyGeek’s recommendation of the best insurers in the city can help you identify an option that suits your needs.
Compare Auto Insurance Rates
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Last Updated: 5/16/2022
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Mark Fitzpatrick
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In Billings, State Farm, on average, is the overall cheapest company and the most affordable option with a speeding ticket or for a state minimum policy. For military families, USAA may be best. For balancing cost and service quality, MoneyGeek rated Hartford as the best company in Billings. The best for you depends on your elected coverage and personal profile.
bestauto insuranceBillings2022The Cheapest and Best Car Insurance in Billings
The Cheapest Car Insurance Companies in Billings
For a full coverage policy, the most affordable car insurance companies in Billings are:
- State Farm: $751 average per year
- Allstate: $1,012 average per year
For veterans or active military, USAA offers a cheap full coverage policy in Billings, with an average cost of $517 per year.
State Farm has the cheapest, open-to-all full coverage policy in Billings; it costs approximately 174% less than a MetLife policy, the most expensive in the city at $2,062 annually.
A full coverage policy has liability, collision and comprehensive coverage. The cost depends on how much liability coverage you select.
Cheapest Car Insurance in Billings
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$517
- 2.$751
- 3.$1,012
- 4.$1,058
- 5.Allied$1,084
MoneyGeek collected the average rates for a 40-year-old male driver in Billings with a full coverage policy, in accordance with our methodology.
Full coverage costs more than minimum coverage because it includes liability plus comprehensive and collision coverage to protect your car from damage, making it valuable.
- Comprehensive coverage: covers the cost of loss or damage to your vehicle in an incident.
- Collision coverage: pays for vehicle repairs after an at-fault accident.
If you have an older car, a minimum coverage or liability-only policy could be better if full coverage costs more than your car’s value.
Compare Car Insurance Rates in Billings
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Billings for Minimum Coverage
In Billings and other Montana cities, car insurance costs vary depending on the amount of coverage you choose. While a full coverage policy costs an average of $1,216 per year, a minimum liability policy costs about $653 less, at $562 per month.
Cheapest Minimum Liability Car Insurance in Billings
State Minimum
- CompanyState Minimumper year
- 1.$181
- 2.$338
- 3.$401
- 4.$535
- 5.$543
In Montana, drivers must have an auto insurance policy with 25/50/20 in liability limits. This minimum coverage policy in Billings helps you save money on insurance, but you may pay a higher amount out of pocket in an accident.
For example, if your at-fault accident causes medical bills for the other parties of $70,000, the policy only pays up to $50,000. You have to pay the remaining amount yourself, $20,000.
Montana Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $20,000 for property damage. A more protective level is 100/300/100.
Cheapest Car Insurance in Billings if You Have Driving Violations
Driving violations like a DUI, speeding ticket or at-fault accident significantly increase your car insurance rate in Billings. On average, the cheapest companies in Billings with a violation are:
- Cheapest after a speeding ticket: State Farm, $807 per year
- Cheapest after an at-fault accident: State Farm, $864 per year
- Cheapest after a DUI: State Farm, $807 per year
If you have a military background and a speeding ticket or at-fault accident on your record, USAA has the most affordable rates.
Bad drivers in Billings can improve their records with time and get cheaper car insurance. For now, it’s best to shop around and choose the company with the best rate.
Cheapest Car Insurance in Billings With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$672
- 2.$807
- 3.$1,141
- 4.$1,234
- 5.Allied$1,439
Average Cost of Car Insurance in Billings
Billings$1,216
Montana$1,216
U.S.$1,424
The average annual cost of car insurance in Billings is $1,216, which is on par with the state average and slightly lower than the national average of $1,424. Drivers in Billings typically spend 14.6% less than the national average on their insurance premiums.
Personalized Quotes to Get You the Cheapest Car Insurance in Billings
To provide customized car insurance quotes in Billings, companies look at various factors to assess driver risk. Factors like age, make and model of the vehicle, driving experience and level of coverage can determine how much you have to pay. For example, an 18-year-old driver in Billings could pay an extra $2,283 on average for a GEICO policy compared to a 40-year-old driver. To get the best deal for your current situation, ask insurance companies for personalized quotes regularly. You may qualify for discounts, rebates or other savings as your circumstances change.
Compare Car Insurance Rates in Billings
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Billings
While looking for car insurance coverage in Billings that comprises low rates and quality service, using MoneyGeek’s rating of the best companies in the city enables you to narrow down your options.
Based on the MoneyGeek scores, the best insurers in Billings for most drivers are:
- Hartford: MoneyGeek score of 93 out of 100
- GEICO: MoneyGeek score of 85 out of 100
USAA received the highest score in Billings by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not best overall. For eligible people, though, choosing USAA is a great decision.
MoneyGeek calculated the scores based on various factors, such as J.D. Power ratings for financial stability, user satisfaction and affordability.
1
USAA
Score:100
2
Hartford
Score:92.5
3
GEICO
Score:85
4
Allstate
Score:82.5
5
State Farm
Score:80
6
Farmers
Score:80
7
Progressive
Score:80
8
Safeco
Score:77.5
9
Liberty Mutual
Score:77.5
10
Nationwide
Score:75
Average Cost of Car Insurance by Postal Code
Car insurance costs can differ by ZIP code, depending on the number of accidents and car thefts. In Billings, there may be little impact on your insurance premiums. Price variation for insurance across ZIP codes is about $9 from neighborhood to neighborhood.
- Zip CodeState Minimumper year
- 59105$1,211
- 59102$1,217
- 59101$1,219
Factors That Impact Insurance Costs in Billings
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Billings. How Billings ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Billings are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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