Cheap Car Insurance In Montana For 2022


WRITTEN BY: Julia Matseikovich

UPDATED: NOVEMBER 17, 2022 | 3 MIN READ

You must have insurance to drive in Montana. The average cost of car insurance in Montana is $342 yearly for minimum coverage. However, minimum coverage does not provide you any reimbursement for your vehicle costs if it’s your fault you’ve been in an accident. Below we have everything you need to know about auto insurance in Montana.

Best Montana Car Insurance Companies

Whether you’re looking for great rates, discounts, or excellent customer service, there are many great options. Below are the best insurance companies that meet these needs. 

Cheapest Montana Car Insurance Company

State Farm Auto Insurance

The cheapest car insurance in Montana is with State Farm at $260 yearly or $22 monthly for minimum coverage.

Company With the Best Customer Service

USAA Insurance Logo

USAA is at the top for customer service, according to J.D. Powers’ 2021 U.S. Auto Insurance Study. They scored 884 out of 1,000 for the Northwest region. USAA is only available for military members and their families. State Farm is second in line and considered a highly rated carrier with a score of 844.

Company With the Best Premium-Reducing Programs

Progressive Auto Insurance

Progressive is a trusted company, and people who have switched from another company to progressive have saved $750+. Car insurance in Montana is $519 yearly, with Progressive for minimum coverage and $1,591 for full coverage.

Company With the Best Discounts

Shelter Insurance Company Logo

Shelter Insurance isn’t the cheapest in Montana, but it has many discounts that help reduce the premium’s cost. Expect to pay $2,196 yearly for full coverage. The discounts available through Shelter Insurance are military, passive restraint, accident prevention, and window identification system discounts.

Local and Regional Car Insurance Carriers In Montana

Chubb

Well-known for high-value insurance policies,  Chubb offers car insurance for Montana drivers who want more protection than other carriers may offer. Its main auto insurance product is the Chubb Masterpiece, which provides thorough coverage of accidents, fender benders, and weather-related claims. Features of the Masterpiece plan include payment for Original Equipment Manufacturer (OEM) parts and rental cars equal to your ride. Coverages from Chubb include collision, comprehensive, and total loss. Discounts available are good students, auto-home bundle, defensive driver training, and anti-theft device.

ALFA Insurance

ALFA Insurance offers the bare minimum and full coverage options to protect automobiles. The insurer provides comprehensive, collision, liability, and medical costs. A separate policy for accidental death, dismemberment, and loss of vision is also available. ALFA Insurance distinguishes itself from competing insurers by providing savings to professionals such as farmers, teachers, and clergy. ALFA Insurance offers more opportunities to save, including home and auto bundles, good student discounts, and savings for vehicle safety equipment.

Shelter Insurance

Insurer Shelter Insurance offers car insurance for Montana drivers, giving them peace of mind when traveling the rugged roads of Big Sky Country. The carrier features every coverage Montana’s residents need, from liability for property damage and personal injury to collision and comprehensive. Roadside assistance and new car replacement are standard with Shelter Insurance policies. Its optional coverages, such as medical payments, personal injury protection, uninsured/underinsured motorist bodily injury, accidental death, and disability income, add a layer of security for drivers. 

Montana Insurance Demographics

Demographics are important when determining what your car insurance in Montana is. Below are some of the demographics that insurers take into consideration. 

  • Crime Rates: The violent crime rate in Montana jumped from 4.2 per 1,000 people to 4.7. However, there was a drop in property crimes from 22.4 per 1,000 to 21.2.
  • Average Household Income: The average household income is $76,834. The median household income is $56,539.
  • Median Age Range: The median age range is 40.1 years of age. 
  • Education: In Montana, 25% of residents 25 years and older have a bachelor’s degree or higher.

Common Risk Factors In Montana

Common risk factors in Montana that increase car insurance rates:

  • Distracted driving
  • Reckless driving
  • At-fault accidents
  • Property damage
  • Speeding
  • Racing
  • DUI

Auto Insurance Laws In Montana

​​You must have the minimum liability car insurance to drive a vehicle in Montana. Without car insurance, you face penalties, fines, suspensions, and even imprisonment.

What are the minimum car insurance requirements?

You must have car insurance in Montana that meets the following minimums:

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

Am I required to carry uninsured motorist coverage?

You’re not legally required to have uninsured motorist coverage in Montana. You might want to consider it to protect yourself against uninsured motorists.

Montana SR-22 policies

If you’ve had a DUI or another major conviction, you’re legally required to obtain an SR-22 in Montana. It’s a form issued by your insurance company to make sure that you’re insured.

Is Montana a no-fault state?

Montana is not a no-fault state. Your insurer covers your medical expenses and damages after an accident, regardless of the fault. If the accident is your fault, your insurer covers damages and injuries incurred by the other driver.

What happens if my vehicle isn’t properly insured in Montana?

If you’re caught driving without car insurance in Montana, there are penalties that you face. The consequences of driving without a license are fines up to $500, up to 10 days in jail even on a first offense, and suspension of your license for up to 90 days.

Does Montana accept digital insurance cards?

Montana held out longer than other states, but the state does now allow accept digital proof of coverage.

How Much Does Car Insurance In Montana Cost?

Car insurance in Montana varies depending on many factors, such as the insurer, city you live in, age, gender, driving record, and credit score. 

Average Cost of Car Insurance By City

The city in which you live is a determining factor in how much car insurance you pay. Some cities are cheaper than others. Below are some examples of the differences in cost. 

CityAverage Montana Car Insurance Cost
Billings$1,645
Bozeman$1,610
Butte-Silver Bow$1,655
Great Falls$1,585
Missoula$1,470

Average Cost of Car Insurance By Company

Your insurance company determines the rates you pay, which aren’t the same. The policies vary, and that changes the costs. 

Car Insurance CompanyAverage Full-Coverage Premium (Annually)
Allstate$2,390
MetLife$2,305
Progressive$1,590
Safe Auto$2,285

Average Cost of Car Insurance By Age

Age is a significant determining factor when getting a quote from an insurer. Younger drivers typically pay more insurance as they aren’t experienced drivers and are a larger risk to insurers. 

AgeAverage Full-Coverage Premium (Annually)
Age 16$2,298
Age 18$5,461
Age 20$4,240
Age 25$2,094
Age 30$1,923
Age 40$1,851
Age 50$1,709
Age 60$1,673
Age 70$1,800

Average Cost of Car Insurance By Gender

Sometimes gender does play a role in what you pay in car insurance, but that’s not the case in Montana. 

GenderAverage Full-Coverage Premium (Annually)
Male$1,625
Female$1,625

Average Cost of Car Insurance By Credit Score

Credit score does impact the cost of your car insurance in Montana. Insurers believe that residents with excellent credit scores are more reliable customers and are unlikely to file insurance claims.  

Credit ScoreAverage Premium (Annually)
Poor$3,275
Fair$2,530
Good$2,065
Very Good$1,705
Great$1,370

Average Cost of Car Insurance By Driving Record

Your driving record is a huge deciding factor on what you pay in car insurance in Montana. You’re likely to pay higher car insurance rates if you have a poor driving record. 

Driving IncidentAverage Full-Coverage Premium (Annually)% Increase In Average Full-Coverage Premium
Speeding Ticket$2,06520%
Accident$2,37037%
DUI$2,91569%

What Optional Auto Insurance Coverages Should You Consider?

Montana car insurance has the following optional coverages:

  • Rental car reimbursement
  • Roadside assistance
  • Medical payments
  • Comprehensive
  • Underinsured motorist bodily injury
  • Optional bodily injury
  • Limited collision
  • Collision
  • Loan/lease payoff

What Discounts To Look For In Montana

Montana car insurance companies offer different discounts based on your driving record, the insurer you choose, and the car you drive. There are many discounts, including low mileage, good driver, policy bundling, driver education, new driver, and multi-car discounts.

FAQs

Is car insurance expensive in Montana?

The cost of car insurance in Montana is 13.1% more than the U.S. average. 

How much is vehicle insurance in Montana?

On average, your car insurance in Montana costs $1,615 yearly.

Does Montana require car insurance?

Yes, Montana requires drivers to have at least the minimum liability coverage for car insurance. 

Does Montana require an SR22?

If you have a conviction on your record, such as a DUI, you must get an SR-22 through your insurance company. 

Does insurance follow the car or the driver in Montana?

Car insurance in Montana follows the vehicle and not the driver. If someone else is driving your car and gets into an accident, your insurer covers the costs and damages.

How To Purchase Montana Car Insurance

Purchasing car insurance in Montana has never been easier. Use our online quote tool to compare rates today.