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Nationwide is the cheapest company for the average driver looking for minimum coverage. Progressive is the cheapest full coverage car insurance. It is also the most affordable option for various types of drivers, such as young adults, seniors and military members as well as those with tickets, poor credit and sports cars.

MoneyGeek ranked the best insurance companies in Montana for drivers that want to compare insurers by affordability and service quality.

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2023

Cheapest Car Insurance Montana (April 2023)

Cheapest Minimum Liability Car Insurance in Montana (April 2023)

The cheapest car insurance meets at least the minimum coverage requirements. The companies offering the most affordable minimum car insurance in Montana are:

  • Nationwide: $178 per year
  • Progressive: $186 per year

The most expensive company is Kemper, with policies that cost $564 per year.

The minimum coverage policy only covers bodily injury liability and property damage liability.

Company
Annual Premium
Monthly Premium

Nationwide

$167

$14

State Farm

$173

$14

Progressive

$174

$15

Nationwide

$178

$15

Progressive

$186

$16

State Farm

$187

$16

State Farm

$208

$17

Progressive

$209

$17

A minimum coverage policy covers damages and injuries inflicted on other drivers and their vehicles in an accident. This coverage does not include your vehicle.

To ensure that you have coverage that will pay for the cost of damages to your car, you’ll want to purchase a full coverage policy with comprehensive and collision insurance.

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Cheapest Full Coverage Car Insurance in Montana (April 2023)

MoneyGeek found the cheapest full coverage auto insurance in Montana. These companies are:

  • Progressive: $400 per year
  • State Farm: $695 per year

Kemper sells full coverage policies at an average of $1,559 per year — the most expensive in Montana.

Getting full coverage is a greater financial investment. For example, adding comprehensive and collision insurance to a Progressive policy costs an additional $214 per year.

Although this is a significant difference, a full coverage policy will financially protect you from various accidents. At this cost, you are protected against huge expenses incurred from on-road incidents like hitting a tree or experiencing a hit-and-run and off-road incidents like flooding and storms.

Company
Annual Premium
Monthly Premium

Nationwide

$167

$14

State Farm

$173

$14

Progressive

$174

$15

Nationwide

$178

$15

Progressive

$186

$16

State Farm

$187

$16

State Farm

$208

$17

Progressive

$209

$17

How much car insurance you need will greatly affect your car insurance rate. MoneyGeek’s recommendations for a full coverage policy specifically have the following liability protection:

  • $100,000 in bodily injury liability per person
  • $300,000 in bodily injury liability per accident
  • $100,000 in property damage liability per accident

The above amounts are the coverage limits that we think are sufficient for average drivers. To save on premiums, you can opt for lower liability limits by dropping the comprehensive and collision insurance or raising the deductible. However, doing so risks having insufficient coverage in an accident.

How to Compare Cheap Montana Car Insurance Quotes Online

Many insurers allow prospective drivers to see their rates online. However, it can take up to 15 minutes to see just one sample quote, and you will still have to check quotes across multiple websites to compare your options.

MoneyGeek’s insurance calculator is a useful tool for checking your rates. Our free tool gives you a quick estimate of your auto insurance without you having to provide any personal information. MoneyGeek estimates can be a great starting point when comparing companies and finding the cheapest insurance rates for your profile.

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Cheapest Car Insurance in Montana for Teens and Their Families (April 2023)

The cheapest full coverage car insurance companies in Montana for teens are:

  • Progressive: $1,601 per year for male and female teens
  • Allstate: $1,740 per year for male and female teens

Kemper is the most expensive company for teens, offering full coverage at $7,535 per year.

As the teen policyholder gets older, his car insurance rates significantly decrease. The cheapest car insurance provider for 19-year-old males in Montana is Progressive ($1,206).

Montana teen drivers pay around $6,100 for car insurance per year, but being included in their family’s policy costs only approximately $2,899 per year. This gives as much as $3,201 in savings each year if teens join a family policy instead of buying their own.

Company
Family Plan Annual Premium
Individual Plan Annual Premium

State Farm

$604

$882

State Farm

$718

$1,048

Progressive

$721

$650

Progressive

$721

$650

State Farm

$760

$1,110

State Farm

$816

$1,191

Progressive

$834

$751

Progressive

$834

$751

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On average, car insurance rates for male teens tend to be significantly more expensive than for female teens. This rate difference is not as notable when drivers reach their 20s and beyond.

Families looking to save on car insurance may be able to get discounts for young drivers.

Progressive and State Farm offer both distant student discounts and good student discounts for young drivers.

Cheapest Car Insurance in Montana for Young Adults (April 2023)

The following companies offer the cheapest full coverage car insurance in Montana for 25-year-old drivers:

  • Progressive: $474 per year
  • State Farm: $766 per year

Kemper offers the most expensive policies at $2,109 per year.

In Montana, drivers in their 20s are far more expensive to insure than middle aged-drivers. Progressive's policies for 40-year-old drivers are $74 cheaper annually than for 25-year-old drivers. State Farm's policies for 40-year-old drivers are $71 cheaper annually than for 25-year-old drivers.

Company
Annual Premium
Monthly Premium

Nationwide

$167

$14

State Farm

$173

$14

Progressive

$174

$15

Nationwide

$178

$15

Progressive

$186

$16

State Farm

$187

$16

State Farm

$208

$17

Progressive

$209

$17

Cheapest Car Insurance in Montana for Seniors (April 2023)

For senior drivers, the cheapest full coverage car insurance companies in Montana are the following:

  • Progressive: $364 per year
  • Nationwide: $605 per year

The most expensive company is GEICO, which sells policies at an average of $1,411 per year.

Senior drivers pay slightly less for car insurance than middle-aged drivers. Progressive’s insurance for a 65-year-old driver is $36 cheaper than a comparative policy for a 40-year-old driver.

Car insurance rates tend to increase as drivers reach the age of 70, as they pose a higher risk on the road.

Company
Annual Premium
Monthly Premium

Nationwide

$167

$14

State Farm

$173

$14

Progressive

$174

$15

Nationwide

$178

$15

Progressive

$186

$16

State Farm

$187

$16

State Farm

$208

$17

Progressive

$209

$17

Seniors looking to save on car insurance can get discounts with certain insurers. Based on MoneyGeek’s gathered data, Allstate, Farmers, GEICO and Kemper are the insurers that offer discounts for senior drivers.

Comparing multiple insurers to see which is cheapest for you is essential, as many factors besides age are used in rating individual policies.

Cheapest Car Insurance in Montana After a Ticket, Accident or DUI (April 2023)

Safe drivers generally pay cheaper insurance than drivers with bad driving records. However, you can still find affordable rates through comparison shopping.

MoneyGeek’s research shows Progressive offers the cheapest insurance after a ticket, an accident or a DUI.

CHEAPEST CAR INSURANCE COMPANIES AFTER A DRIVING INCIDENT

Cheapest after a ticket: Progressive ($531 per year)
Cheapest after an accident: Progressive ($669 per year)
Cheapest after a DUI: Progressive ($475 per year)

Cheapest Car Insurance in Montana After a Ticket

If you have received a speeding ticket, the following companies offer the most affordable rates for a full coverage policy:

  • Progressive: $531 per year
  • State Farm: $753 per year

The most expensive company for drivers with a ticket is Kemper at $1,808 per year. A speeding ticket might increase your insurance premiums by as much as $150 on average.

Company
Annual Premium
Monthly Premium

State Farm

$194

$16

Nationwide

$209

$17

State Farm

$211

$18

Nationwide

$221

$18

State Farm

$234

$20

Progressive

$238

$20

Progressive

$249

$21

Progressive

$265

$22

Cheapest Car Insurance in Montana After an Accident

The cheapest car insurance companies in Montana for drivers with an at-fault accident are:

  • Progressive: $669 per year
  • State Farm: $807 per year

The most expensive company is Kemper offering policies at $2,168 per year. Drivers with an at-fault accident on their record might see their premiums increase by $461 on average.

Company
Annual Premium
Monthly Premium

State Farm

$214

$18

State Farm

$232

$19

State Farm

$257

$21

Nationwide

$271

$23

Nationwide

$286

$24

Progressive

$310

$26

Progressive

$331

$28

Progressive

$339

$28

Cheapest Car Insurance in Montana After a DUI

In Montana, MoneyGeek found that the cheapest car insurance companies for drivers with a DUI are:

  • Progressive: $475 per year
  • State Farm: $753 per year

The most expensive company is GEICO with policies at $4,029 per year. Drivers with DUIs in Montana generally pay $648 more in insurance premiums.

Company
Annual Premium
Monthly Premium

State Farm

$194

$16

State Farm

$211

$18

Progressive

$216

$18

Progressive

$226

$19

State Farm

$234

$20

Progressive

$243

$20

Nationwide

$341

$28

Nationwide

$356

$30

Cheapest Car Insurance in Montana for Drivers With Poor Credit (April 2023)

MoneyGeek found that the cheapest car insurance companies in Montana for drivers with poor credit are:

  • Progressive: $678 per year
  • Nationwide: $901 per year

GEICO offers the most expensive full coverage to drivers with poor credit at $2,147 annually. Drivers with poor credit pay $531 more in car insurance premiums.

Company
Annual Premium
Monthly Premium

Nationwide

$209

$17

Nationwide

$223

$19

Nationwide

$292

$24

Progressive

$307

$26

Progressive

$319

$27

Progressive

$361

$30

State Farm

$375

$31

State Farm

$406

$34

Insurers have determined that having a lower credit score indicates your likelihood of filing claims, making you riskier to insure than drivers with good credit ratings. As a result, drivers with poor credit are charged higher premiums.

Improving your credit score could help with car insurance rates. However, suppose you need to save money in the short term. In that case, the best way to find affordable insurers is by comparing offers and taking advantage of discounts like bundling and having car safety features.

Cheapest Car Insurance in Montana for Sports Cars (April 2023)

Owning a sports car will likely mean paying a higher car insurance premium. We found that the cheapest car insurance companies for drivers in Montana with a sports car are:

  • Progressive: $484 per year
  • Nationwide: $856 per year

The most expensive insurer is Kemper at $1,881 per year.

Drivers of a Ford Mustang in Montana pay $1,207 on average, which is $195 more expensive than a driver of a Toyota Camry.

Company
Annual Premium
Monthly Premium

Nationwide

$167

$14

State Farm

$173

$14

Progressive

$174

$15

Nationwide

$178

$15

Progressive

$186

$16

State Farm

$187

$16

State Farm

$208

$17

Progressive

$209

$17

Although we used Ford Mustang in our example, remember that costs can vary greatly based on your car model.

Luxury, electric and sports cars are much more expensive than standard model types. Insurance for these types of cars varies by state.

Cheapest Car Insurance in Montana for Military Drivers (April 2023)

We found that the cheapest car insurance company in Montana for active duty or military veterans is Progressive, which costs $400 for a full coverage policy.

USAA is the second cheapest at $541 annually. Its policies and discounts are tailored to military members and their families.

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MoneyGeek Top Pick
Progressive
  • $400 per year

Progressive currently does not have discounts for military members. It has a list of common discounts for bundling, insuring multiple cars, safe driving, paperless billing, paying in full and being a veteran.

Cheapest Car Insurance in Montana by City

Car insurance can vary widely depending on where in Montana you live. In Billings, Montana, the cheapest full coverage policy comes from Progressive, with annual premiums averaging $613. Click to learn more about car insurance in your city.

City
Cheapest Company
Annual Premium

Billings

Progressive

$613

Car Insurance in Montana: What You Need to Know

Most states, like Montana, require drivers to carry bodily injury liability and property damage liability. For drivers that don't own the vehicle they are driving, they are still required to carry a certain insurance alternative. In the sections below, learn about Montana's minimum car insurance requirements and the recommended liability coverage that ensures your protection.

Montana Car Insurance Requirements

In Montana, you only need to buy minimum car insurance containing bodily injury and property damage liability coverage to drive legally.

Although only meeting the minimum car insurance requirements is usually the cheapest way to save on your premiums, it offers the least protection if you’re in an accident. To ensure that you are covered, MoneyGeek recommends buying enough liability coverage.

After repeated driving violations, Montana also requires getting SR-22 insurance, which will likely increase your insurance premium.

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    Bodily Injury Liability

    Minimum car insurance laws in Montana require drivers to have at least $25,000 bodily injury liability per person and $50,000 bodily injury liability per accident. This minimum requirement is an estimate, meaning you are more likely to need higher coverage to ensure full protection.

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    Property Damage Liability

    Similarly, drivers in Montana need at least $20,000 for property damage liability, which pays for the damages caused to another person’s vehicle.

Based on MoneyGeek’s estimate, when getting car insurance, it is ideal to obtain $100,000 in bodily injury liability insurance per accident and the same amount for property damage insurance per accident.

For newly-purchased or financed vehicles, you will likely need comprehensive and collision insurance, which protects any damages done to your car by non-collision and collision events, respectively.

Even if you are generally considered a safe driver with no known violations, having a high-value car is another reason to consider buying comprehensive and collision insurance.

Car Insurance Alternatives in Montana

If you are without a vehicle or frequently use car-sharing services, you can secure your non-owner car insurance in Montana as an alternative to regular car insurance. This type of insurance is required for non-owner vehicle drivers when filing an SR-22 to get their license reinstated after a violation.

You can also visit Montana’s Motor Vehicle Division for appointment scheduling and online renewal.

FAQs About Car Insurance in Montana

In the following sections, MoneyGeek answers your questions regarding the cost and quality of car insurance in Montana.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.


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