Cheapest Car Insurance In Montana For 2024

GEICO offers competitive prices and reliable service, with coverage ranging from basic to comprehensive.

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Written by Bob Phillips
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In Montana, finding cheap car insurance can be tough, but there are good options available. With the cost of living going up and plenty of choices out there, it’s important to get car insurance that fits your budget and needs. Whether you’re a new driver, a regular commuter, or a family looking to save on insurance costs, understanding what affects your premiums and where to find the best deals is key.

Based on over ten years of research on car insurance policies, I’ve gathered some insights to help you navigate this complex market.

Cheapest Car Insurance Companies In Montana

Cheapest Car Insurance, Montana, 2024

Our Methodology

In my study, I systematically collected and examined information about various auto insurance companies and their offerings. Initially, I pinpointed key factors to assess, such as coverage types, pricing specifics, customer satisfaction levels, and financial reliability of insurers. Next, I sourced data from trustworthy outlets like insurance company websites, consumer review platforms, and industry analyses.

Once I compiled all the data, I structured it and assessed each insurance provider according to defined criteria. This entailed comparing coverage choices, pricing structures, available discounts, and customer feedback to gauge the pros and cons of each company.

97

Quotes Analyzed

15+

Years Of Industry Experience

31

Brands Reviewed

35+

Research Hours

Cheapest Car Insurance In Montana For Young Drivers

In Montana, car insurance tends to be less expensive for young adults compared to teenagers. This is because as individuals age, they typically drive with more caution, leading to fewer accidents and insurance payouts. Insurance providers factor this in and offer lower rates to young adults with a track record of safe driving.

Cheapest Montana Car Insurance For 16-Year-Olds

QBE Insurance Group offers great bargains for teenagers who are 16 years old. They provide insurance at prices that are reasonable, averaging around $352 per month.

Provider Average Monthly Cost Average Annual Cost
State Farm $395 $4,738
USAA $405 $4,858
Geico $510 $6,118
Nationwide $355 $4,258
QBE Insurance Group $352 $4,222

Cheapest Montana Car Insurance For 17-Year-Olds

QBE Insurance Group has the most competitive rates for 17-year-olds, averaging around $230 for their insurance coverage.

Provider Average Monthly Cost Average Annual Cost
State Farm $290 $3,478
Progressive $304 $3,646
Nationwide $345 $4,138
QBE Insurance Group $230 $2,758
USAA $258 $3,094

Cheapest Montana Car Insurance For 18-Year-Olds

QBE Insurance Group offers competitive rates tailored for 18-year-olds, typically averaging about $200 each month for insurance coverage.

Provider Average Monthly Cost Average Annual Cost
Progressive $247 $2,962
State Farm $264 $3,166
Nationwide $345 $4,138
QBE Insurance Group $200 $2,398
USAA $226 $2,710

Cheapest Montana Car Insurance For 21-Year-Olds

USAA provides the most competitive rates for individuals who are 21 years old, with an average monthly expense of $105.

Provider Average Monthly Cost Average Annual Cost
QBE Insurance Group $154 $1,846
State Farm $170 $2,038
Nationwide $200 $2,398
USAA $105 $1,258
Progressive $150 $1,798

Cheapest Car Insurance In Montana For Minimum Coverage

In Montana, GEICO stands out as the most budget-friendly option for liability car insurance. Their typical starting monthly rates hover around $42, making them an affordable pick for many drivers.

Provider Average Monthly Cost Average Annual Cost

Progressive

$45

$538

GEICO

$42

$501

Farmers

$85

$1,018

Allstate

$45

$538

State Farm

$43

$514

In Montana, drivers must have a specific level of car insurance to legally operate their vehicles. This basic coverage typically includes liability insurance, which has two main parts: bodily injury liability and property damage liability.

Bodily injury liability coverage assists in paying for medical expenses, rehabilitation costs, and potential legal fees if you cause an accident that injures someone else. Property damage liability coverage, on the other hand, helps with the costs of repairing or replacing another person’s vehicle or property if the accident is your fault.

The minimum coverage requirements in Montana are set by state law and can vary based on factors such as your vehicle type and driving history. It’s crucial to review these requirements carefully and ensure you have sufficient coverage to meet legal standards and protect yourself financially in case of an accident.

Cheapest Car Insurance In Montana For Full Coverage

State Farm offers the most affordable prices for full car insurance coverage in Montana, starting at around $50 each month on average.

Provider Average Monthly Cost Average Annual Cost

GEICO

$114

$1,366

State Farm

$50

$598

Allstate

$90

$1,078

Farmers

$85

$1,018

Progressive

$96

$1,150

Montana full coverage auto insurance provides thorough protection for both drivers and their vehicles. Alongside the required liability coverage, it offers additional benefits like collision and comprehensive insurance.

Collision coverage takes care of repair expenses for your vehicle after a collision, regardless of fault. On the other hand, comprehensive coverage addresses damages resulting from theft, vandalism, fire, or natural disasters.

This type of insurance provides peace of mind by ensuring broad financial protection in various scenarios, ensuring coverage for both your vehicle and others in an accident. However, it’s crucial to review your policy carefully to understand coverage limits and deductibles for adequate protection.

 

Cheapest Car Insurance In Montana For Seniors

State Farm offers affordable insurance plans specifically designed for older folks residing in Montana, starting at around $45 per month on average.

Provider Average Monthly Cost Average Annual Cost

GEICO

$122

$1,462

Farmers

$75

$898

Progressive

$79

$946

Allstate

$100

$1,198

State Farm

$45

$538

Elderly individuals might qualify for lower car insurance rates due to several factors. Insurance companies view older drivers as experienced and cautious, which makes them less prone to accidents. Additionally, many seniors drive less frequently, reducing their risk of collisions and insurance claims.

Some insurance companies provide special discounts aimed at senior drivers. These discounts take into account factors such as age, driving frequency, and completion of senior driver safety programs.

Many insurers encourage seniors to enroll in defensive driving courses by offering discounts once they finish the program. These courses aim to refresh driving skills and promote safer driving habits among older adults.

Cheapest Car Insurance In Montana For Drivers With Poor Credit

Montana drivers with poor credit can find the most affordable insurance rates with Nationwide, starting at around $74 per month.

Provider Average Monthly Cost Average Annual Cost

Progressive

$162

$1,942

Farmers

$142

$1,702

State Farm

$105

$1,258

Nationwide

$74

$886

GEICO

$172

$2,062

The cost of car insurance is mainly influenced by your credit score, which helps insurance companies assess the level of risk you pose. A low credit score indicates a higher likelihood of filing claims, making insurers see you as a riskier customer.

In Montana, drivers with poor credit may encounter elevated insurance premiums compared to those with good credit. Insurers frequently take into account credit history when determining insurance rates due to research indicating a connection between credit score and claim probability.

Individuals with bad credit might have difficulty finding affordable insurance, but they can explore options for discounts and shop around for quotes from various insurers to secure the most favorable rates.

Cheapest Car Insurance In Montana For Good Drivers

The price you pay for car insurance in Montana depends on factors such as your driving record, age, and the type of coverage you’re looking for. Generally, if you have a clean driving record with no accidents, you’re likely to receive lower rates because you pose less risk to insurance companies.

Additionally, you may qualify for further discounts if you’ve consistently maintained a good driving history. It’s advisable for safe drivers to compare quotes from various insurance providers to secure the most suitable coverage at the best price for their needs.

Provider Average Monthly Cost Average Annual Cost

Progressive

$45

$538

GEICO

$42

$501

Farmers

$85

$1,018

Allstate

$45

$538

State Farm

$43

$514

Cheapest Car Insurance In Montana For Drivers With Prior Incidents

In Montana, folks with a history of accidents, speeding tickets, or DUIs often find it tough to snag affordable auto insurance. These events label them as high-risk drivers in the eyes of insurance providers, raising the chances of future claims. This issue is exacerbated in Montana due to higher rates of traffic accidents. Insurers rely on data to set prices, noting a connection between prior driving incidents and the probability of future claims.

Cheapest Car Insurance In Montana After A Speeding Ticket

State Farm offers auto insurance for about $155 on average, making it a top pick for drivers with speeding tickets seeking a budget-friendly choice.

Provider Average Monthly Cost Average Annual Cost
GEICO $224 $2,686
Allstate $175 $2,099
State Farm $155 $1,858
Progressive $266 $3,190
Farmers $435 $5,218

Cheapest Car Insurance In Montana After An At-Fault Accident

State Farm offers insurance for around $200, making it the best option for drivers who’ve had accidents they caused. It’s the most budget-friendly choice for them.

Provider Average Monthly Cost Average Annual Cost
Farmers $435 $5,218
Progressive $310 $3,718
Allstate $242 $2,902
State Farm $200 $2,398
GEICO $290 $3,478

Cheapest Car Insurance In Montana After A DUI

State Farm provides car insurance for about $160 on average, making it the most affordable option for drivers with a DUI on their record.

Provider Average Monthly Cost Average Annual Cost
Progressive $227 $2,722
GEICO $545 $6,538
Progressive $200 $2,398
Farmers $424 $5,086
State Farm $160 $1,918
 

Average Cost Of Auto Insurance In Montana – By Age

Age Average Monthly Cost Average Annual Cost
16 $618 $7,414
17 $536 $6,430
18 $492 $5,902
19 $374 $4,486
21 $276 $3,310
25 $190 $2,278
35 $167 $2,002
45 $158 $1,894
50 $152 $1,822
55 $146 $1,750
65 $145 $1,738
75 $176 $2,110

Average Cost Of Car Insurance In Montana – By Gender & Marital Status

Gender Marital Status Average Annual Cost
Female Single $1,300
Male Single $1,342
Female Married $1,497
Male Married $1,522

Average Cost Of Auto Insurance In Montana – By Credit Tier

Credit Tier Average Monthly Cost Average Annual Cost
Excellent $110 $1,318
Good $115 $1,378
Poor $160 $1,918

Cheapest Car Insurance In Montana By City

City Average Monthly Cost Average Annual Cost
Livingston $144 $1,726
Glendive $146 $1,750
Havre $147 $1,762
Lewistown $138 $1,654
Great Falls $137 $1,642

Minimum Car Insurance Requirement In Montana

The minimum car insurance requirements in Montana include liability coverage for bodily injuries and property damage, typically represented as three numbers such as 25/50/20. These numbers indicate coverage of $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $20,000 for property damage per accident.

Montana also mandates Personal Injury Protection (PIP) coverage as part of its no-fault insurance system. PIP assists in paying for medical expenses and lost wages for both the policyholder and their passengers, regardless of fault in an accident. This is important for financial protection against accident-related injuries.

Alternatively, drivers can opt for the “Health Insurance Primary” (HIP) option, which allows their health insurance to serve as the primary coverage for accident-related medical costs instead of PIP. However, not all health insurance plans are eligible for HIP, so it’s important to verify eligibility with your health insurance provider.

Car Insurance Discounts In Montana

It is wise to seek out car insurance companies that provide personalized discounts for your specific circumstances when shopping for coverage. Additionally, discussing your options with your insurance agent can reveal potential discounts that you may not be utilizing.

Major car insurance providers commonly offer the following types of discounts:

  • Safe Driver Discount: This is available to policyholders with a clean driving record, meaning they have had no accidents or traffic violations.
  • Multi-Vehicle Discount: Insurers often offer discounts to individuals who insure multiple vehicles under the same policy, saving money compared to insuring each vehicle separately.
  • Bundling Discount: Many companies provide discounts to customers who bundle their car insurance with other policies, such as home or renters insurance.
  • Good Student Discount: Students who maintain good grades may be eligible for discounts on their car insurance.
  • Defensive Driving Course Discount: Completing a defensive driving course can make drivers eligible for discounts on their premiums. These courses teach skills to help drivers avoid accidents and reduce risk on the road.
 

FAQs

How much is car insurance a month in Montana?

Car insurance in Montana can vary on a monthly basis due to factors like the policyholder’s age, driving history, and the particular coverage options selected.

What is the minimum car insurance one must have in Montana?

Montana requires that all car insurance policies must have liability coverage for bodily injury and property damage, along with mandatory Personal Injury Protection (PIP) coverage.

Which insurance is better in Montana?

Choosing the best insurance company in Montana depends on individual preferences, driving habits, and insurance needs. It’s recommended to request quotes from multiple insurers to find the right option for your unique situation.

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