Cheapest and Best Car Insurance in Billings, MT (June 2024)


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ByMark Fitzpatrick
Reviewed byMark Friedlander
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ByMark Fitzpatrick
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Reviewed byMark Friedlander
Edited byJlyne Ubina
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Updated: May 23, 2024

Advertising & Editorial Disclosure

In Billings, Nationwide offers the lowest rates for full and minimum coverage policies. Progressive is the cheapest for families with teens. For customer service, State Farm also ranks first, paralleling its position as best overall. Your ideal choice depends on your personal preferences and coverage requirements.

MoneyGeek Logo IconBest & CheapestCar InsuranceBillings
2024

Cheapest and Best Car Insurance in Billings

Why Trust MoneyGeek? We analyzed 11,976 quotes in Montana, including the city of Billings, from eight companies. We used six sources and original research to rate the cheapest companies and develop a scoring system for Billings insurance providers based on ZIP codes in the city only. Our scores are based on affordability, customer satisfaction, claims experience, coverages offered and financial stability.

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These rates reflect the cheapest car insurance quotes in Billings, MT, as of June 2024.

11,976Quotes Analyzed
 
8Companies Compared

Cheapest Minimum Coverage Car Insurance in Billings

MoneyGeek found that the following companies offer the cheapest car insurance in Billings:

  • Nationwide: $222 per year
  • State Farm: $264 per year

Allstate has the most expensive minimum coverage policy in Billings, costing $802 annually. This is $580 more per year compared to Nationwide's offer. Such a stark price difference underscores the importance of comparing rates to ensure you're not overpaying for your car insurance coverage.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Minimum Coverage
NationwideAnnual Premium$222Monthly Premium$19
State FarmAnnual Premium$264Monthly Premium$22
ProgressiveAnnual Premium$460Monthly Premium$38
FarmersAnnual Premium$474Monthly Premium$39
GEICOAnnual Premium$507Monthly Premium$42
KemperAnnual Premium$650Monthly Premium$54
AllstateAnnual Premium$802Monthly Premium$67

State Minimum Liability Requirements

For all cities in Montana, including Billings, the minimum required car insurance coverage is set by state law.

  • $25,000 bodily injury per person
  • $50,000 bodily injury per accident
  • $20,000 property damage liability per accident

Imagine you're in an at-fault accident and cause $30,000 in bodily injury to one person. Your minimum coverage policy would cover up to $25,000; you would be responsible for the remaining $5,000 out of pocket. Similarly, if the total bodily injury for the accident is $60,000 and your policy covers $50,000, you would have to cover the additional $10,000 yourself.

Cheapest Full Coverage Car Insurance in Billings

MoneyGeek found that Nationwide offers the most affordable option for cheapest full coverage car insurance in Billings.

  • Nationwide: $670 per year
  • State Farm: $706 per year

Kemper has the most expensive full coverage policy in Billings, with an annual premium of $1,531, demonstrating the significance of comparing rates to save money. Full coverage policies are pricier than minimum coverage due to the comprehensive protection they offer, including liability, collision and comprehensive coverage.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
NationwideAnnual Premium$670Monthly Premium$56
State FarmAnnual Premium$706Monthly Premium$59
FarmersAnnual Premium$1,141Monthly Premium$95
ProgressiveAnnual Premium$1,226Monthly Premium$102
AllstateAnnual Premium$1,383Monthly Premium$115
GEICOAnnual Premium$1,391Monthly Premium$116
KemperAnnual Premium$1,531Monthly Premium$128

Do You Need Full Coverage in Montana?

A full coverage policy in Billings includes $100,000 for bodily injury liability per individual, $300,000 for bodily injury per accident and $100,000 for property damage liability per incident. This level of coverage is commonly referred to as a 100/300/100 policy.

In addition to bolstered liability limits, a full coverage policy incorporates comprehensive and collision insurance:

  • Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

  • Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

For those with new automobiles, securing a full coverage insurance policy is a prudent approach to protect your investment. On the other hand, if you own an older vehicle, the cost of added protection may not justify the expenditure, potentially amounting to hundreds more dollars.

When it comes to deciding how much car insurance you need, it is important to weigh the benefits of greater coverage against the higher premiums it incurs, and to consider the risk that less extensive coverage could leave you inadequately insured.

Cheapest Car Insurance in Billings After a Driving Offense

MoneyGeek found that State Farm offers the most affordable coverage in Billings for drivers with a poor driving record, regardless of the specific violation on their record.

  • Speeding Ticket: State Farm ($780 per year)
  • At-Fault Accident: State Farm ($847 per year)
  • DUI: State Farm ($780 per year)

On the opposite end, GEICO has the highest rates for drivers who have committed a DUI and an at-fault accident, while Kemper is the most expensive for those with speeding tickets. In comparing these rates, the disparity in annual premiums is evident, illustrating the impact of different violations on insurance costs.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
Incident:
Incident:Speeding
State FarmAnnual Premium$780Monthly Premium$65
NationwideAnnual Premium$841Monthly Premium$70
FarmersAnnual Premium$1,204Monthly Premium$100
AllstateAnnual Premium$1,570Monthly Premium$131
ProgressiveAnnual Premium$1,638Monthly Premium$137
GEICOAnnual Premium$1,645Monthly Premium$137
KemperAnnual Premium$1,787Monthly Premium$149

Insurance premiums in Billings and other cities increase with the severity of driving offenses as insurers adjust rates based on the risk profile of the driver. For instance, drivers in Billings with a speeding ticket pay an average annual rate of approximately $1,713, but those with a DUI offense face an average annual rate of about $2,321, indicating a significant financial impact. This disparity underscores the importance for individuals with driving offenses to diligently compare insurance rates, ensuring they secure the most cost-effective coverage for their specific situation.

Cheapest Car Insurance in Billings for Teens and Their Families

MoneyGeek found that Progressive offers the cheapest car insurance for teens in Billings. Here are the top two insurers:

  • Progressive: $1,658 per year for female teens and $1,658 for male teens
  • Allstate: $1,793 per year for female and male teens

These rates reflect a policy that covers a combination of two parents and a teenager. In Billings, Kemper has the most expensive policy for teen drivers, with an annual premium of $7,532. The difference between the most affordable and the most expensive policies highlights the need for parents to diligently shop around to mitigate the high costs associated with insuring higher-risk teen drivers.

Data filtered by:Results filtered by:
Age:
Age:16
Gender:
Gender:Female
ProgressiveFamily Plan Annual Premium$1,658Individual Plan Monthly Premium$3,664
AllstateFamily Plan Annual Premium$1,793Individual Plan Monthly Premium$6,932
State FarmFamily Plan Annual Premium$1,975Individual Plan Monthly Premium$2,559
NationwideFamily Plan Annual Premium$1,990Individual Plan Monthly Premium$5,527
GEICOFamily Plan Annual Premium$2,643Individual Plan Monthly Premium$6,833
FarmersFamily Plan Annual Premium$3,147Individual Plan Monthly Premium$8,823
KemperFamily Plan Annual Premium$7,532Individual Plan Monthly Premium$9,660

In cities like Billings, teens seeking car insurance face a stark choice between affordability and independence. On average, a teen securing an individual policy could pay an annual premium of approximately $6,285, significantly more than the $2,963 average when added to a family plan. This substantial difference in rates is due to insurers viewing teens as high-risk drivers when on their own, increasing premiums to reflect the greater likelihood of filing a claim.

Cheapest Car Insurance in Billings for Military Drivers

MoneyGeek found that the following companies offer the cheapest car insurance for those with military backgrounds in Billings:

  • Nationwide: $670 per year
  • State Farm: $706 per year

Although USAA is not the cheapest on the list, with an annual premium of $727, it is a competitive option that's worth considering due to its specialized services tailored to active-duty military members.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
NationwideAnnual Premium$670Monthly Premium$56
State FarmAnnual Premium$706Monthly Premium$59
USAAAnnual Premium$727Monthly Premium$61
FarmersAnnual Premium$1,141Monthly Premium$95
ProgressiveAnnual Premium$1,226Monthly Premium$102
AllstateAnnual Premium$1,383Monthly Premium$115
GEICOAnnual Premium$1,391Monthly Premium$116
KemperAnnual Premium$1,531Monthly Premium$128

How to Compare Cheap Billings Car Insurance Quotes Online

Shopping for car insurance in Billings can be an exhaustive process, often requiring more than 15 minutes per company, with a recommended minimum of three companies to compare, potentially totaling more than an hour of research to find the best rates. MoneyGeek's car insurance calculator is a time-saving tool that swiftly assesses the most impactful factors determining car insurance rates in Billings. By inputting details such as age, driving record, credit score and coverage preferences, Billings residents can obtain an instant rate estimate.

Car Insurance Calculator

MoneyGeeks's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.

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Rates updated:

Jun 13, 2024

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Best Car Insurance in Billings: Overview

Choosing the best auto insurance for you hinges on factors like service, cost and coverage. MoneyGeek's distinct scoring metrics reveal that in Billings, State Farm shines across the board with impressive scores in various categories:

  • Best overall: State Farm (MoneyGeek score 95 out of 100)
  • Best for service: State Farm (MoneyGeek score 92 out of 100)
  • Best cheap: State Farm (MoneyGeek score 94 out of 100)

State Farm stands out as the leading provider in Billings, offering the best value, top-notch customer service and budget-friendly options without compromising on service quality.

Overall Best Car Insurance in Billings

According to MoneyGeek's study, the following companies offer the overall best car insurance in Billings:

  • State Farm: MoneyGeek score of 95 out of 100 ($706 per year)
  • Nationwide: MoneyGeek score of 83 out of 100 ($670 per year)

State Farm stands out due to its outstanding balance of service and value with industry-leading satisfaction and competitive affordability, offering a comprehensive full coverage policy.

Company logo for State Farm
Best OverallState Farm
MoneyGeek Score:
95/ of 100

Overview

State Farm's high MoneyGeek score of 95 out of 100 is bolstered by its outstanding customer satisfaction and impressive affordability. It offers both common coverages: roadside assistance and rental car and/or travel reimbursement. State Farm also provides reasonably common coverages, such as accident forgiveness.

State Farm stands out with valuable coverages for drivers seeking robust insurance. Accident forgiveness can mitigate the rate increase typically following your first at-fault accident. Car replacement assistance helps reimburse toward a newer car model in case your vehicle is totaled, which is a practical benefit for frequent drivers.

In addition, with its new car replacement coverage, drivers with the latest models can get their car replaced without a depreciation deduction after a total loss, a significant perk for those with new vehicles.

Best Car Insurance in Billings for Customer Service

MoneyGeek found that the following companies are the best options in Billings for consumers seeking top-notch customer service, regardless of cost:

  • State Farm: MoneyGeek score of 92 out of 100 ($706 per year)
  • Nationwide: MoneyGeek score of 79 out of 100 ($670 per year)

State Farm stands out in Billings as the top car insurance provider, achieving the highest marks in customer satisfaction, which is a significant contributor to its overall MoneyGeek score.

Company logo for State Farm
Best for Customer ServiceState Farm
MoneyGeek Score:
92/ of 100

Overview

State Farm achieves an impressive MoneyGeek score due to its standout claims and satisfaction ratings. It offers both common coverages of rental car and/or travel reimbursement and roadside assistance. In addition, its reasonably common coverages, like gap insurance, provide added protection for customers facing a total loss of their financed or leased vehicles by covering the difference between the car's value and the amount owed.

State Farm excels by providing a range of valuable coverages for drivers. For instance, its roadside assistance coverage is a reliable safeguard against common vehicle troubles, offering mechanical labor, towing and essential fluid delivery. Additionally, its rental car and/or travel reimbursement coverage ensures that the inconvenience of vehicle repairs doesn't immobilize customers, covering car rental expenses and even travel costs if accidents happen far from home.

Best Cheap Car Insurance in Billings

MoneyGeek found the best options in Billings for cheap car insurance. Here are the top two providers:

  • State Farm: MoneyGeek score of 94 out of 100 ($263 per year)
  • Nationwide: MoneyGeek score of 88 out of 100 ($222 per year)

State Farm stands out as it offers an exceptional combination of low cost and high-quality service. The greatest contributors to its MoneyGeek score are customer satisfaction and financial stability, which are especially important for a minimum coverage policy.

Company logo for State Farm
Best Cheap CompanyState Farm
MoneyGeek Score:
94/ of 100

Overview

State Farm earned high marks in satisfaction (25 out of 25) and claims handling (19 out of 20), making it a top choice for discerning drivers. With an average annual premium of just $263, State Farm customers pay a modest amount for minimum coverage. Drivers benefit from reasonably rare discounts, such as anti-lock brakes and new vehicle discounts, which enhance safety and reward investing in newer vehicles.

State Farm demonstrates a comprehensive range of discounts, including bundling, multiple car and safe driving. These discounts reflect the insurer's commitment to providing value through various savings opportunities. Additionally, drivers can avail themselves of the anti-theft system discount, highly beneficial for theft prevention, and the driver's education discount, encouraging driver preparedness, especially for those under 21.

Average Cost of Car Insurance in Billings

In Billings, the average car insurance cost is $1,158 per year. This figure is slightly above the average car insurance cost in Montana, which stands at $1,124, making Billings $33 higher than the state average.

Moreover, when compared to the national average premium of $1,720, Montana's average cost is significantly lower. Meanwhile, location plays a pivotal role in car insurance rates, as it directly influences factors such as accident rates, crime statistics and traffic density.

BillingsAnnual Premium$1,158

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.