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.
bestauto insuranceBillings2021The Cheapest and Best Car Insurance in Billings
The Cheapest Car Insurance Companies in Billings
On average, the most affordable insurance companies in Billings for full coverage car insurance are:
- USAA: $517 per year (exclusive to military personnel and their families)
- State Farm: $751 per year
MoneyGeek collected car insurance costs across various providers using a sample 40-year-old male driver profile. The policy in this study offers comprehensive and collision coverage in addition to liability coverage.
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- CompanyAmountper year
- 1.$517
- 2.$751
- 3.$1,012
- 4.$1,058
- 5.Allied$1,084
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.
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 listed as best overall.
MoneyGeek calculated the scores based on various factors, such as the J.D. Power ratings for financial stability, user satisfaction and affordability.
1
USAA
Score:100
2
Hartford
Score:93
3
GEICO
Score:85
4
Allstate
Score:83
5
State Farm
Score:80
6
Farmers
Score:80
7
Progressive
Score:80
8
Safeco
Score:78
9
Liberty Mutual
Score:78
10
Nationwide
Score:75
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.
Shopping around for car insurance in Billings could save you $465, which is enough to buy:
155Cups of Coffee
36Months of Your Favorite Streaming Service
Cheapest Car Insurance in Billings by Coverage Amount
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.
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.
Car insurance companies in Billings offer plans meant to provide different types and levels of coverage. For example, State Farm offers both liability-only and full-coverage 50/100/50 plans. These numbers mean the plans can cover a maximum amount of $50,000 in medical costs for each individual involved, $100,000 max for the accident and $50,000 max for property damage repair. For liability-only plans, it is limited to the other party’s vehicle, while full-coverage policies would also include your vehicle.
You can get a full-coverage policy in Billings by paying, on average, an extra $232 per year over the liability-only rate. An extra average $412 per year over the state minimum cost can also get you access to a full-coverage 100/300/100 policy. The benefits of the additional coverage might make these options worthwhile for you.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$181$206
- 2.$338$413
- 3.$401$468
- 4.$543$605
- 5.Allied$646$721
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$483$517
- 2.$645$751
- 3.$947$1,058
- 4.$938$1,012
- 5.Allied$1,011$1,084
Cheapest Car Insurance in Billings if You Have Driving Violations
Traffic violations can cause a significant rise in insurance premiums. In Billings, GEICO policyholders with speeding tickets pay an average of $176 for their insurance than drivers with a clean record. Similarly, drivers with at-fault accidents on their records pay an average of $568, while those with DUI violations could pay an average of $1,940.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$672$700$1,021
- 2.$807$864$807
- 3.$1,141$1,348$1,405
- 4.$1,505$1,933$1,780
- 5.Allied$1,439$1,827$2,128
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
Insurance Providers That Serve Billings
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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