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The Best Cheap Car Insurance Companies for Montana Drivers in 2020

The majority of Montana drivers can choose between five popular Montana auto insurance companies for the best car insurance. Check out the table below for estimated quotes of an average driver. Your quote will probably be different than those in the table because insurance companies use individual factors to give you a quote.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in Montana for the cheapest car insurance on average.
$517
per year
2. State Farm
In 2020, State Farm ranked #2 in Montana for the cheapest car insurance on average.
$751
per year
3. Allstate
In 2020, Allstate ranked #3 in Montana for the cheapest car insurance on average.
$1,012
per year
4. GEICO
In 2020, GEICO ranked #4 in Montana for the cheapest car insurance on average.
$1,058
per year
5. Allied
In 2020, Allied ranked #5 in Montana for the cheapest car insurance on average.
$1,084
per year
6. Progressive
In 2020, Progressive ranked #6 in Montana for the cheapest car insurance on average.
$1,224
per year
7. Farmers
In 2020, Farmers ranked #7 in Montana for the cheapest car insurance on average.
$1,320
per year
8. MetLife
In 2020, MetLife ranked #8 in Montana for the cheapest car insurance on average.
$2,062
per year

These price estimates are for an average driver in Montana. There are a lot of reasons why you may not get the same quote as the prices estimated above. Insurance companies use different factors to decide how much you’ll pay for car insurance. Most companies base their quotes on factors like age, gender, location and driving record.

The Best Car Insurance Companies in Montana for 2020

You shouldn’t only be looking at cheap car insurance quotes when choosing a policy. The cheapest option may come with poor customer service or a long claims process. To get the best insurance, you need a company with good ratings, fast claims payments and great customer service.

We’ve dug into car insurance ratings to help you find top-rated auto insurance in Montana. The MoneyGeek method uses a combination of ratings from the leaders in insurance ratings: JD Power and AM Best.

Our ratings combine popular ratings on each provider to give a score out of 100, based on:

  • Financial strength, or the ability for an insurance company to pay claims
  • Customer satisfaction
  • Claims process score
  • Affordability
Expand all Rankings +

1

USAAScore: 100
+

5/5

User Satisfaction

5/5

Claims Ratings

5/5

Affordability

A++

Financial Stability

2

HartfordScore: 92.5
+

4/5

User Satisfaction

5/5

Claims Ratings

4/5

Affordability

A+

Financial Stability

3

GEICOScore: 85
+

3/5

User Satisfaction

2/5

Claims Ratings

4/5

Affordability

A++

Financial Stability

4

AllstateScore: 82.5
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

5

American FamilyScore: 80
+

4/5

User Satisfaction

2/5

Claims Ratings

3/5

Affordability

A

Financial Stability

6

State FarmScore: 80
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A

Financial Stability

7

FarmersScore: 80
+

3/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A

Financial Stability

8

ProgressiveScore: 80
+

2/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A+

Financial Stability

9

SafecoScore: 77.5
+

3/5

User Satisfaction

3/5

Claims Ratings

2/5

Affordability

A

Financial Stability

10

Liberty MutualScore: 77.5
+

2/5

User Satisfaction

3/5

Claims Ratings

3/5

Affordability

A

Financial Stability


Market Share by Company

The largest car insurance provider in Montana is State Farm, with 20.04% of the market share.

Company
Market Share
1. State Farm
22.04%
2. Progressive
13.67%
3. Liberty Mutual
12.41%
4. Farmers
8.50%
5. USAA
7.49%
6. GEICO
5.90%
7. MOUNTAIN WEST FARM GRP
5.45%
8. Allstate
3.97%
9. Travelers
3.90%
10. QBE INS GRP
3.06%

Cheapest Car Insurance for Drivers With a DUI in Montana

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.

Company
Amount
1. State Farm
In 2020, State Farm ranked #1 in Montana for the cheapest car insurance for drivers with a DUI.
$807
per year
2. USAA
In 2020, USAA ranked #2 in Montana for the cheapest car insurance for drivers with a DUI.
$1,021
per year
3. Allstate
In 2020, Allstate ranked #3 in Montana for the cheapest car insurance for drivers with a DUI.
$1,405
per year
4. Progressive
In 2020, Progressive ranked #4 in Montana for the cheapest car insurance for drivers with a DUI.
$1,780
per year
5. Farmers
In 2020, Farmers ranked #5 in Montana for the cheapest car insurance for drivers with a DUI.
$1,847
per year
6. Allied
In 2020, Allied ranked #6 in Montana for the cheapest car insurance for drivers with a DUI.
$2,128
per year
7. GEICO
In 2020, GEICO ranked #7 in Montana for the cheapest car insurance for drivers with a DUI.
$2,998
per year
8. MetLife
In 2020, MetLife ranked #8 in Montana for the cheapest car insurance for drivers with a DUI.
$4,057
per year

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.

Cheapest Car Insurance for MT Speeding or Distracted Driving Tickets

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.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in Montana for the cheapest car insurance for distracted drivers.
$672
per year
2. State Farm
In 2020, State Farm ranked #2 in Montana for the cheapest car insurance for distracted drivers.
$807
per year
3. Allstate
In 2020, Allstate ranked #3 in Montana for the cheapest car insurance for distracted drivers.
$1,141
per year
4. GEICO
In 2020, GEICO ranked #4 in Montana for the cheapest car insurance for distracted drivers.
$1,234
per year
5. Allied
In 2020, Allied ranked #5 in Montana for the cheapest car insurance for distracted drivers.
$1,439
per year
6. Progressive
In 2020, Progressive ranked #6 in Montana for the cheapest car insurance for distracted drivers.
$1,505
per year
7. Farmers
In 2020, Farmers ranked #7 in Montana for the cheapest car insurance for distracted drivers.
$1,689
per year
8. MetLife
In 2020, MetLife ranked #8 in Montana for the cheapest car insurance for distracted drivers.
$2,564
per year

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.

Cheapest Car Insurance Companies in MT 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.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in Montana for the cheapest car insurance for drivers with poor credit.
$1,058
per year
2. State Farm
In 2020, State Farm ranked #2 in Montana for the cheapest car insurance for drivers with poor credit.
$1,392
per year
3. Allstate
In 2020, Allstate ranked #3 in Montana for the cheapest car insurance for drivers with poor credit.
$1,584
per year
4. GEICO
In 2020, GEICO ranked #4 in Montana for the cheapest car insurance for drivers with poor credit.
$1,672
per year
5. Allied
In 2020, Allied ranked #5 in Montana for the cheapest car insurance for drivers with poor credit.
$1,739
per year
6. Progressive
In 2020, Progressive ranked #6 in Montana for the cheapest car insurance for drivers with poor credit.
$2,178
per year
7. Farmers
In 2020, Farmers ranked #7 in Montana for the cheapest car insurance for drivers with poor credit.
$2,193
per year
8. MetLife
In 2020, MetLife ranked #8 in Montana for the cheapest car insurance for drivers with poor credit.
$3,713
per year

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

Cheapest Car Insurance Companies in Montana 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 following chart details what senior drivers can expect to pay for auto insurance in Montana.

Company
Amount
1. USAA
In 2020, USAA ranked #1 in Montana for the cheapest car insurance for seniors.
$564
per year
2. State Farm
In 2020, State Farm ranked #2 in Montana for the cheapest car insurance for seniors.
$723
per year
3. Allstate
In 2020, Allstate ranked #3 in Montana for the cheapest car insurance for seniors.
$1,050
per year
4. Allied
In 2020, Allied ranked #4 in Montana for the cheapest car insurance for seniors.
$1,093
per year
5. GEICO
In 2020, GEICO ranked #5 in Montana for the cheapest car insurance for seniors.
$1,100
per year
6. Progressive
In 2020, Progressive ranked #6 in Montana for the cheapest car insurance for seniors.
$1,245
per year
7. Farmers
In 2020, Farmers ranked #7 in Montana for the cheapest car insurance for seniors.
$1,279
per year
8. MetLife
In 2020, MetLife ranked #8 in Montana for the cheapest car insurance for seniors.
$2,147
per year

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.

Cheapest Car Insurance for Students

Montana Car Insurance: How Much a Teen Driver Will Cost You

Median annual price change for families with a teen driver on their policy:

$1,313 INCREASE

This is a difference of 96%.

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 adult 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 below outlines the potential cost of car insurance for a student or young driver.

Company
Amount
1. State Farm
In 2020, State Farm ranked #1 in Montana for the cheapest car insurance for students.
$1,863
per year
2. Allied
In 2020, Allied ranked #2 in Montana for the cheapest car insurance for students.
$1,933
per year
3. Allstate
In 2020, Allstate ranked #3 in Montana for the cheapest car insurance for students.
$2,123
per year
4. GEICO
In 2020, GEICO ranked #4 in Montana for the cheapest car insurance for students.
$3,038
per year
5. Progressive
In 2020, Progressive ranked #5 in Montana for the cheapest car insurance for students.
$3,207
per year


Premium Comparison by Student Type

PREMIUM COMPARISON FOR TWO ADULTS + A 16-YEAR-OLD

car
Average premium for two 2014

Mustang GTs

$3,862
car
Average premium for two 2008

Town and Country Limiteds

$2,491
Annual benefits of minivans:$1,371 saved

This is 35% less expensive.

Cheaper premium for college vs. high school drivers

Median premium change with a college student vs. high school driver:

$576 DECREASE

This is a savings of 20%.

Potential discounts for teens in Montana

Impact on annual premium with good student and defensive driving discounts:

coins
$185 SAVED

Montana students: a long-distance discount

You may pay a smaller annual family premium if your child lives 150 miles or more away from home.

male
Average premium for a 19-year-old male
car

$2,435 at home

graduation

$2,185 at school

$250 IN SAVINGS

female
Average premium for a 19-year-old female
car

$2,435 at home

graduation

$2,185 at school

$250 IN SAVINGS

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, and 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.

Age savings for Montana service members

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

$189 Saved
$189 Saved

Median auto insurance for service members: $948

Who Needs Car Insurance in Montana?

All vehicles registered in Montana, whether they are being driven or not, must have liability insurance.

Proof of Insurance in Montana

You must show your proof of car insurance to the police officer if you are pulled over or 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:

To cover an accident for which you are at fault, you must carry $25,000 to cover an injury to one person and $50,000 to cover two people or more.

To cover an accident for which you are at fault, you must carry $20,000 to cover damages to another person's property, such as a vehicle.

Insurance companies must also offer uninsured motorist coverage.

High-Risk Auto Insurance Program in Montana

If you are unable to 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, though, 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’re not covered by insurance. That means your home, wages, and other assets could be taken in the event you can’t pay a claim against you.

Car insurance companies use your location to calculate your rate.
Explore average rates for your city.

Car Insurance Requirements in Montana: How Much Coverage Do You Need?

What percentage of drivers in Montana lack vehicle insurance?

9.9%

National average: 13%

Source:

Insurance Information Institute.

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.

For more on the common types of insurance, see our MoneyGeek guide to car insurance.


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Sources