Best Life Insurance Companies in Montana (2025)

State Farm offers the best life insurance in Montana, earning a MoneyGeek score of 99 out of 100 for customer service, affordability and coverage options. GEICO, Haven, Nationwide and Mutual of Omaha are the best affordable alternatives.

*These rates are for coverage levels between $250,000 and $500,000 for a 20-year term life insurance plan for a 40-year-old man in good health who doesn't smoke.

While the leading life insurance provider in Montana suits most people, your best choice differs based on your personal needs. Explore top providers for common profiles below.

Find the best life insurance for your situation using the filterable table below.

*Rates in this table differ from the main comparison due to the broader age range (41 to 50 vs. 40) and flexible term selection rather than a fixed 20-year term.

Finding the right life insurance is easier when you know the key steps.

In Montana, the top life insurance companies are State Farm, GEICO and Haven. Assess your needs, set a coverage level and compare quotes to get the best deal.

Here are our expert answers to common questions about life insurance for residents of Montana.

Choosing life insurance in Montana can be confusing, especially balancing cost against long-term financial security. We know you need stability and value. We designed our methodology to heavily weight affordability and financial strength, ensuring the policy you buy today protects your family decades from now.

Our Scoring System and Weightings

We compared life insurance companies using a scoring system based on five key categories, which allows us to calculate an overall MoneyGeek score out of 100. We prioritized long-term financial factors and direct costs.

We applied the following weightings:

• Affordability: 60% (Reflecting its importance in the long-term budget)
• Customer satisfaction: 20%
• Product diversity: 10%
• Financial stability: 5%
• Buying process: 5%

Each company's score incorporates:

• Cost data from online quotes.
• Financial strength ratings from AM Best and years in business (crucial for ensuring long-term payout stability).
• Customer satisfaction data from the NAIC complaint index (we reviewed 2020 to 2022 data, the most recent available).
• Tools that help with buying, such as online product materials and multiple payment options.
• Range of life insurance products offered.

Sample Customer Profile and Data Analysis

We used a standard profile to obtain life insurance quotes in Montana for consistent comparison across carriers.

Our sample customer profile included:

• 40-year-old nonsmoker
• Average height and healthy weight
• Excellent health rating

We modified this base profile by age, gender, height, weight, tobacco use, health rating and geographic location to collect quotes and determine the best life insurance company for several types of customers. We also collected quotes for term life insurance with varying term lengths and coverage amounts.

When necessary, we identified trends in the dataset and used those patterns to calculate projections and extend the data beyond what we originally collected.