The Best Cheap Car Insurance in Montana for 2021

Personalized risk factors like age, location and driving record significantly impact insurance premiums, so getting personalized quotes can help you find the right policy. MoneyGeek ranked the leading car insurance companies in Montana based on customer service, affordability and more. These rankings can help you get quotes and find the right coverage options. Comparing car insurance costs from some of the top-rated companies in Montana could help you save up to $1,545.

Loading...
By  
  |  
Reviewed by    |  
iconribbonbestauto insuranceMontana2021

The cheapest car insurance policy in Montana is minimum liability coverage. This type of insurance only meets the state’s minimum requirements for insurance coverage. It provides very limited protection to drivers.

Based on MoneyGeek’s research, the cheapest insurers for minimum liability coverage in Montana are:

  • USAA: $181 per year (only current and former military members are eligible)
  • State Farm: $338 per year

The company with the highest premium for minimum liability insurance in the state is MetLife, which costs an average of $876 per year.

Average Cost for Minimun Liability Coverage
  • Company
    Annually
    Monthly
  • 1.
    $181
    $15
  • 2.
    $338
    $28
  • 3.
    $401
    $33
  • 4.
    $535
    $45
  • 5.
    $543
    $45
Loading...

The prices listed above represent what an average driver in Montana pays for liability-only coverage and should only be used as a guide for comparing prices between insurers.

These prices are only estimates based on rates for an average Montana driver and should not be used to compare insurance prices.

tip icon
MONEYGEEK EXPERT TIP

Minimum liability coverage is the cheapest auto insurance in Montana and provides bodily injury and property damage liability insurance. Drivers in the state can get higher limits or protection for their damaged vehicles by getting a full coverage policy.

Full coverage policies in Montana provide higher liability limits and comprehensive coverage that protects you from road-based and off-road accidents. While full coverage rates are costlier than minimum liability insurance, the policy covers damage to your car. By comparing quotes from several carriers, you can find the lowest car insurance rates.

Based on MoneyGeek’s scores, the companies offering the cheapest full coverage in Montana include:

  • USAA: $517 per year (USAA coverage is available to current and former military members)
  • State Farm: $751 per year

MetLife charges the highest premium for full coverage insurance, costing an average of $2,062 annually.

Average Comprehensive and Collision Rates in Montana

Your rates may differ from these averages based on your unique circumstances. These rates represent a policy that provides comprehensive and collision coverage of $100,000 in bodily injury liability per person, $300,000 in bodily injury coverage per accident and $100,000 in coverage for property damage per accident.

The Best Car Insurance Companies in Montana for 2021

MoneyGeek found out that the best car insurance providers in Montana for most drivers are:

  • Best Overall: The Hartford
  • Runner-up: GEICO

USAA received the highest score in Montana 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 utilized several factors, including prices, custom experience, the ability to pay claims and financial strength to arrive at the best car insurance companies in Montana.

To score each aspect, MoneyGeek used data from J.D. Power’s U.S. Auto Insurance Study and AM Best’s financial strength ratings — recognized as industry standards to evaluate insurance companies. Each study has equal weight in the final score out of 100, along with additional pricing information.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

Geek Quick Take
Geek Quick Take

USAA provides affordable auto insurance coverage throughout the country, including Montana. Keep in mind that USAA is only available to former and current military members.

More About USAA

Not only is USAA the best car insurance provider in Montana, but it is also the cheapest. Eligible policyholders save on their premiums if their parents have a USAA policy. Drivers who are actively serving in the military and garage their car on the base also benefit from the company’s car insurance rate deductions.

Read MoneyGeek's USAA auto Insurance Review
2
The Hartford
Score:93

4/5

Affordability

5/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

Geek Quick Take
Geek Quick Take

Hartford is the second-best provider in Montana, with high customer satisfaction and affordability scores. Hartford’s car insurance rates remain constant throughout the year.

More About The Hartford

Besides getting the typical car insurance coverage from Hartford, Montana drivers also get reimbursed by the company if they are unable to perform daily chores after getting injured in an accident. The company’s Advantage Plus coverage even grants you access to a disappearing deductible, accident forgiveness and other similar features.

Read MoneyGeek's The Hartford auto Insurance Review
3
GEICO
Score:85

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

4
Allstate
Score:83

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

5
State Farm
Score:80

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

6
Farmers
Score:80

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

7
Progressive
Score:80

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

8
Safeco
Score:78

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

9
Liberty Mutual
Score:78

3/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

10
Nationwide
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

While USAA scores highly in many areas, this provider is only available to military members, veterans and their families.

List of the Largest Insurance Companies in Montana

Based on market share, the three largest insurance carriers in Montana are State Farm, Progressive and Liberty. Market share represents a ratio of the number of premiums written by an insurance company against the number of total premiums written in the state. Insurance companies with high market share scores feature better financial stability. However, this does not mean that these companies offer the best policies.

How to Compare Cheap Montana Car Insurance Quotes Online

Most auto insurance companies in Montana provide customers with personalized quotes through their websites. These quotes are reasonably accurate.

  • When shopping for car insurance, provide consistent limits to all the providers. For instance, if you request a quote for a policy with $300,000 in bodily liability insurance per accident from one provider, specify the same amount for quotes from other providers.

  • You can compare the top companies in Montana by providing your ZIP code below. You may also use MoneyGeek’s scores to identify which websites to visit for quotes.

  • According to MoneyGeek, USAA, State Farm and GEICO provide the lowest car insurance rates in Montana. Consider starting your search with these options.

Loading...

What Is the Average Cost of Car Insurance in Montana?

MoneyGeek calculated the average 100/300/100 comprehensive and collision coverage insurance rates for Montana. These are for a typical 40-year-old male driving a Toyota Camry with a clean driving record. Depending on your individual factors, your rates might be higher or lower than the rates shown here.

  • Average Driver: $1,216
  • DUI: $2,146
  • Speeding Ticket: $1,483
  • Poor Credit Score: $2,068
  • Seniors: $1,234
  • Students: $2,444

Montana drivers with severe driving violations, such as a DUI, are regarded as high-risk by insurers and will pay pricier car insurance premiums. On average, drivers with clean records in Montana pay $1,216 per year for insurance, while a driver with a DUI could pay $2,146 annually.

The cheapest providers of full coverage car insurance for drivers with a DUI in Montana are:

  • State Farm: $807 per year
  • USAA: 1,021 per year (policy for military members only)

USAA and State Farm also provide the cheapest rates for drivers with clean records.

Average Car Insurance Rates With a DUI

From 2009-2018, 786 people in Montana died in alcohol-related car accidents. 2.2% of drivers in Montana say they've driven after drinking too much in the past 30 days.

Being convicted of a DUI in Montana could lead to hefty fines and jail time. Even first-time offenders have to spend a minimum of one night in jail and could spend up to six months in jail. After a second or third offense, the driver could face up to one year in jail.

Getting a DUI doesn’t only have legal consequences. A DUI will also raise your car insurance rates in Montana.

The cost of a DUI goes beyond court fees or fines. Having a DUI on your record doubles your car insurance rates. The DUI will affect your insurance for at least three years. In some places, it could stay on your record for five or more years. The best option to get cheap car insurance with a DUI in Montana is to shop around for the best rate.

Montana drivers who have a minor violation, such as a speeding ticket, pay more for car insurance. The average car insurance cost for a driver with speeding tickets is $1,483 per year, which is $267 higher than what drivers with no violations pay.

Based on MoneyGeek’s study, the best insurance companies for drivers with speeding tickets in Montana are:

  • USAA: $672 per year (for military members only)
  • State Farm: $807 per year

USAA and State Farm also provide the lowest rates for Montana drivers with a clean driving record.

Average Car Insurance Rates With a Ticket

A report by the National Highway Traffic Safety Administration shows in 2018, 168 crashes in Montana were caused by distracted driving. If you cause an accident because of distracted driving or get a moving violation like a speeding ticket, you can expect your car insurance rates to increase. The following estimates reflect what drivers in Montana can expect to pay if they get a ticket for speeding or distracted driving.

A ticket will likely stay on your car insurance for three years or more, keeping your insurance rates higher than usual. You may have trouble finding cheap car insurance after getting a ticket for speeding or distracted driving in Montana. Getting quotes from multiple companies will help you find the lowest price.

Drivers with bad credit scores in Montana tend to pay more than those with good scores. On average, drivers with low scores pay $2,068 per year. Drivers with good scores and a clean driving record pay an average of $1,216 annually.

MoneyGeek found that insurers with the lowest full coverage rates for drivers with bad credit scores in the state include:

  • USAA: $1,058 per year (for military personnel only)
  • State Farm: $1,392 per year

USAA and State Farm are also the cheapest car insurance providers for drivers with a clean driving history and good credit scores.

Average Car Insurance Rates for Drivers With Bad Credit

Some car insurance companies look at your credit history when creating your quote. Data used by insurance providers suggests that drivers with lower credit scores file more claims.

The average credit score in Montana is 720, which is often considered a good score. Even if you have a lower score, you can still find cheap insurance.

Your credit score might play a role in your car insurance rates, but other factors also make a difference.

Senior drivers in Montana are charged more for car insurance than middle-aged drivers and young adults. The average cost of car insurance for senior drivers in the state is $1,234 per year, while a 40-year-old driver with a clean history pays an average of $1,216 annually.

The cheapest full coverage providers in the state for senior drivers are:

  • USAA: $564 per year (for former and current military members)
  • State Farm: $723 per year

In Montana, USAA and State Farm provide the best car insurance rates for senior drivers and drivers who are 40 years old with a clean record.

Average Car Insurance Rates for Seniors

Senior drivers in Montana were involved in 36 fatal crashes in 2017. Getting older often means slower reflexes and declining eyesight, which leads to higher insurance rates for seniors. Drivers over age 75 must renew their licenses and take tests for vision and road signs every four years in Montana.

The above chart details what senior drivers can expect to pay for auto insurance in Montana.

Although you may see higher car insurance rates as a senior, you should get multiple quotes to find cheap car insurance for seniors in Montana.

Young student drivers in Montana pay more than adult drivers due to lack of experience and higher levels of risk. Student drivers in the state pay an average of $2,444 per year, roughly double what adult drivers with a clean record pay.

The most affordable car insurance in Michigan for student drivers with full coverage is from:

  • State Farm: $1,863 per year
  • Allied: $1,933 per year

Although USAA and State Farm provide the lowest rates for an adult driver with a clean driving history, Allied is the second most affordable company for student drivers.

Average Car Insurance Rates for Students

Montana students enrolled in a state-approved traffic education program can get a learner’s permit at age 14. Understandably, a young person learning to drive can cause parents to worry about the safety of their children. Even college students, with a few more years on the road, have a higher risk of being in an accident than adults do.

Students cost the most to insure, so you can expect your insurance rates to go up if you add your child to your policy. Most insurance companies offer discounts, so your student can help keep costs down by getting good grades and being a safe driver.

The table above outlines the potential cost of car insurance for a student or young driver.

Insurance Rate Information for Military Drivers and Veterans

Montana has over 3,300 active-duty military personnel and nearly 100,000 veterans. When comparing insurance rates for your vehicle, be sure to mention if you are an active-duty military member or a veteran. Some Montana car insurance companies offer discounts. Others may have special arrangements for active-duty military members who may be deployed out of state. Check out the following table to see estimates of what active-duty and veteran military members will pay for auto insurance in Montana.

Average Rates for Montana service members

male
25 years$1,111
50 years$922
female
25 years$1,111
50 years$922

Car Insurance in Montana: What You Need to Know

All vehicles registered in Montana must have liability insurance, whether anyone drives them or not.

Proof of Insurance in Montana

You must show proof of car insurance to a police officer if they pull you over or you’re in an accident. Most drivers have a physical insurance card, but if you can’t find it or don’t have it, the officer can use the Montana Insurance Verification System to check.

Minimum Liability Insurance Requirements in Montana

Montana requires relatively low limits for liability insurance:

  • $25,000 for bodily injuries to one person
  • $50,000 for bodily injuries per accident
  • $25,000 for property damage

High-Risk Auto Insurance Program in Montana

If you cannot get market-rate insurance because of your driving record or due to a history of claims, you can get insurance through the state's assigned risk plan. The Montana Auto Insurance Plan is part of the Western Association of Automobile Insurance Plans (WAAIP). This should be a last resort since you are likely to pay a much higher rate through an assigned risk plan than in the regular insurance market.

Alternatives to Insurance in Montana

You can choose to self-insure your car in Montana through surety bonds, but this is a risky and expensive choice. Surety bonds allow you to satisfy the financial and legal requirements of insurance, but you don’t have insurance coverage. That means your home, wages and other assets could be at risk in the event you can’t pay a claim against you.

How Much Coverage Do You Need in Montana?

The minimum coverage levels required by law may seem impressive, but they might not cover all of your costs in an accident. The Insurance Information Institute recommends buying enough coverage to protect assets like your home or savings.

Experts also recommend collision and comprehensive coverage for any vehicle you're not planning on driving to the junkyard within a few years. Unlike other policies, these types of coverage look after your vehicle in case of accidents — both on the roadway and off.

Average Insurance Rate by City in Montana

Scroll for more

swipe icon

FAQs About Car Insurance in Montana

The most common questions about car insurance in Montana are often centered around costs and coverage limits. Some that you may come across are:

Loading...

About the Author


expert-profile

Karon Warren is a professional journalist who has covered personal finance, health insurance, home insurance, car insurance, mortgages, banking and more for two decades.

Karon earned her bachelor of arts degree in journalism from the University of Southern Mississippi. She is also a member of the American Society of Journalists and Authors. Karon uses her journalist skills to create in-depth, well-researched finance stories that educate people so they can make informed financial decisions that best serve their financial goals.


sources