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Cheap Auto Insurance in Montana: Best Companies & Quotes
Best Car Insurance Companies in Montana
- State Farm
|AM Best Financial Strength Rating||A++||A+||A++||A+||A-||A++|
|JD Power 2019 Overall Customer Satisfaction score||3/5||3/5||3/5||3/5||3/5||4/5|
|Avg Annual Premium||$344||$504||$733||$914||$1,149||$202|
|Consumer Reports Reader Score||78||75||78||72||72||92|
|BBB Rating||A+||A+||A+||A+||A+||Not Rated|
Auto Insurance Statistics in Montana
Montana is one of the states with auto insurance rates that have remained under the national average. Drivers looking for affordable car insurance rates can benefit from learning how well the state ranks in the cost of car insurance when compared with other states nationwide.
Top 10 Cheapest Car Insurance Companies in Montana
|Rank||Company Name||Avg. Annual Premium|
|3||National Farmers Union P&C||$1,145|
Drunk Driving Fatalities
Drinking and driving is a dangerous activity that many times can end up in fatalities. As drivers take out car insurance in Montana, it is helpful to understand the rate of drunk driving fatalities in the state. The National Highway Traffic Safety Administration has done a tally of the number of drunk driving fatalities in Montana vs. nationwide.
Drunk driving fatalities in Montana from 2013 to 2017
Teen Drinking and Driving
Teen drinking and driving in Montana has been under the national average for quite some time. This data below shows that fewer teens in the state are driving while under the influence when compared with the rate of teens drinking and driving across the country.
Teen Drinking & Driving in Montana vs. Nationwide (2017)
Source: Center For Disease Control
SR-22 Insurance in Montana
Are you looking for an SR-22 insurance policy in Montana? If so, it’s probably because you have had your license revoked or suspended. Even if you’ve had your license taken away for a minor reason, Montana state officials might require you to show proof of SR-22 insurance in order to ensure you have basic coverage while driving on the roads.
For those located in Montana, you will need $25,000 of per individual liability coverage, $50,000 of multiple injury coverage per accident, and property damage coverage of $10,000. This is fairly in line with most SR-22 coverage options around the country.
Car Theft in Montana
Learning about the level of car theft in Montana will give car insurance buyers an idea as to how many car thefts occur. Comprehensive car insurance coverage can help a driver who has become a victim of automobile theft.
Vehicle thefts by rank nationwide vs. Montana
Uninsured Motorists in Montana
There are drivers that operate motor vehicles in Montana without sufficient auto insurance coverage. If a car accident takes place with an uninsured driver, it is beneficial to have uninsured and underinsured motorist coverage. The below data shows how well Montana ranks in the total number of reported uninsured motorists in the state in the year 2015.
Percentage of uninsured drivers (Top States in 2015)
Source: Insurance Information Institute
Minimum Requirements For Car Insurance in Montana
There are minimum requirements for car insurance in the state of Montana. According to The Montana Department of Justice. it is mandatory to have liability coverage for every registered driver who is operating a vehicle in the state.
Liability Coverage minimums for the state of Montana:
- $25,000 per individual to cover bodily injury or death
- $50,000 per accident involving bodily injuries or deaths
- $10,000 for property damage
Source: Montana Department of Justice
New Driver Licensing Requirements
Montana residents who would like to obtain a driver’s license will need to do so within 30 days of residency. If a new driver would like to get a driver’s license in the state, they will need to complete the Graduated Driver License (GDL) program which has three steps. These 3 steps include the Permit Period, the First-Year Restricted License period, and the Full-Privilege Driver License.
Before beginning the Graduated Driver License program, an applicant will need to take a Traffic Education Learner’s License course that is state-approved. The permit period is valid for one year for applicants who are age 16.
First-Year Restricted License
A first-year restricted license is a full drivers license that has restrictions on it for the first year. These restrictions include:
- During the first 6 months, applicants cannot carry more than one unrelated passenger under 18 years old.
- After the first 6 months, the applicant may have no more than three unrelated passengers under 18.
- The applicant is not allowed to drive between the hours of 11 p.m. and 5 a.m. unless they are driving for an emergency or for farm related activities, as well as driving to and from school, church, or work.
The Montana Insurance Verification System
Montana has also recently set up the Montana Insurance Verification System (MTIVS), which keeps a database of everyone’s auto insurance. This makes life easier for law enforcement officials to verify if someone is insured in situations where they’re unable to find their insurance card.
Since you’re going to need auto insurance, you might as well get one with an affordable policy. The average resident of Montana pays $1,624 annually for auto insurance. There are better deals to be had, however. Here’s a list of the cheapest auto insurance companies for Montana’s five biggest cities:
Billings is Montana’s largest city and its main economic center. It also has a rich history, dating back to the days of the Lewis and Clark expedition. William Clark’s signature can be found on nearby Pompeys Pillar, which also contains Native American petroglyphs and is now a national monument.
Despite its population, Billings is the third cheapest city in Montana to get auto insurance, with residents paying $1,526 annually. Further discounts can be had as well, with GEICO leading our list of cheap insurance options at $871:
- Farmers Union
- State Farm
Missoula is the state’s second largest city. It’s also located near a lot of scenic nature, such as the Clark Fork River in Caras Park. The surrounding area features an abundance of wildlife, including black bears, bald eagles, osprey, and white-tailed deer.
Missoula stands out as the cheapest place in Montana to get auto insurance, with average rates of $1,413. The following are the cheapest options among them:
Great Falls, MT
- State Farm
- Farmers Union
Great Falls, the third biggest city in Montana, gets its name from the five waterfalls located nearby that Lewis and Clark had to navigate their way around during a particularly grueling segment of their journey. Finding cheap auto insurance here is a significantly easier task, with average rates being cheaper than the state average. These companies offer the best bang for your buck here:
- State Farm
- Farmers Union
Bozeman is the state’s fourth largest city. It’s a beautiful college town, home to Montana State University. The scenic nature of this spot hasn’t gone unnoticed, being featured in a number of films including The Wildest Dream, Amazing Grace and Chuck, and A River Runs Through It.
Auto insurance rates here are very reasonable, with people paying a yearly average of $1,540. For even better rates, you can look into the following companies:
- State Farm
- Farmers Union
Butte, the state’s fifth largest city, actually used to be one of the largest cities in the entire Rocky Mountain area during the late 1800’s and early 1900’s. While the population declined following the end of World War I, a healthy community still remains there today. Auto insurance prices are a little on the high side at $1,693 per year on average, but you can get some savings with these companies:
- Farmers Union
- State Farm
Types of Auto Insurance Coverage in Montana
- Comprehensive Insurance Coverage
- Bodily Injury Liability Insurance
- Uninsured/Underinsured Motorist Bodily Injury Insurance
- Uninsured Motorist Property Damage Insurance
- Property Damage Liability Insurance
Cheap Auto Insurance Discounts
Car insurance discounts are offered by many different car insurance companies in Montana and nationwide. Auto insurance discounts allow drivers to save the maximum amount on car insurance premiums each year and each month. At CheapAutoInsurance.co, we strive to make sure that you can get the lowest possible rate on your auto insurance coverage. Browse the list of car insurance discounts below for even more savings.
- Anti-theft discount
- Mature driver discount
- Military or Veteran discount
- Bundling insurance policies discount
- Senior citizen discount
- Car safety features discount
- Good student discount
- Defensive driving discount
- Low-mileage discount
- Multi-car auto insurance discount
- Infrequent usage discount
General Montana Car Insurance
This section answers the general questions you have about car insurance in Montana. Use this information to help you better understand more complicated questions.
How fast to buy insurance in Montana on a car?
Many car insurance companies in Montana will offer you same-day car insurance. You’ll need to check with specific companies to see how quickly they’ll insure your car. There may be some cheap local auto insurance options in your area too.
In Montana, how to get non-owner car insurance?
How to get car insurance in Montana?
It’s easy to get car insurance in Montana. Getting auto insurance quotes online can show you the different companies that offer insurance in your area as well as the price they’ll charge.
What information do I need to buy auto insurance in MT?
You’ll need your driver’s license number, the DL number of any other drivers that will use the car, and possibly the car’s VIN number to get insurance in Montana. Once you have all this information we make it easy to compare cheap auto insurance online.
When did Montana require car insurance?
Montana was one of the last states to initiate a mandatory insurance law, enacting the law in the mid 70’s.
What happens when I change auto insurance companies in Montana?
The respective auto insurance companies will contact the state and let them know that you are insured by your new insurance company and so are legally covered. If you are considering changing car insurance companies soon then compare rates with our quote form.
Which car insurance companies do business in the state of Montana?
Lots of car insurance companies do business in Montana. Some of the most popular ones are Safeco Insurance, State Farm, Farmer’s Union Insurance, USAA, GEICO, The Hartford, and Liberty Mutual. Learn more about where to get car insurance.
Montana Car Insurance Laws
Like every state, Montana has its own car insurance laws. Find the answers to your questions about Montana car insurance laws here.
How quickly must you buy insurance in Montana on a car?
Most insurance companies will cover you for 4-9 days after you buy a car, but you should still switch your insurance as soon as possible.
What should I get on MT car insurance?
That depends on your specific needs. However, you need to make sure your insurance meets the state’s minimum legal liability coverage of 25/50/20. If you have a collector car then you may want to consider American classic insurance.
What is full auto insurance in Montana?
Full auto insurance in Montana is any insurance that meets or exceeds the state minimum liability coverage. That means $25,000 for bodily injury per person, up to $50,000 per accident. The policy must also provide $20,000 in property damage liability protection. Use a full coverage insurance calculator to determine your personal costs. Or get a liability car insurance quote if that’s all you’re looking for.
What are the auto insurance fines in Montana?
Your first offense of not having insurance is a fine between $250 and $500. You’ll also risk losing your driving privileges until you have proof of insurance.
How many days to you have to add a new car to auto insurance in MT?
This is a matter of insurance policies rather than state law. Generally, your insurance will cover your new car for 4-9 days after purchase. However, you should always switch insurance to your new car as soon as possible. We can help you find cheap 7 day car insurance if you need something short term.
In Montana auto insurance demerit points stay on your record for how many years?
Speeding tickets will stay on your record for three years. Accidents and major tickets stay on your MT record for six years. There may still be cheap insurance for high risk drivers with a lot of points.
How old must you be to buy auto insurance in Montana?
There’s no state law about a minimum age for auto insurance in Montana, but most insurance companies won’t do business with someone who is less than the legal driving age.
What car insurance is required in Montana?
Montana requires everyone to have liability coverage. The minimums for this liability coverage are $25,000 for bodily injury per person and $50,000 per accident. The policy also must provide $20,000 for property damage coverage.
In Montana, who must obtain auto insurance for a vehicle?
The owner is responsible for making sure a vehicle is insured in Montana, but that doesn’t mean the insurance policy must be in the owner’s name.
What insurance is required on a paid off car in Montana?
Montana doesn’t have any special insurance requirements for a paid off car. You’ll need liability coverage with the 25/50/20 minimums just like everyone else.
How much car insurance do I need in Montana?
The minimums for liability insurance in Montana are $25,000 for bodily injury per person up to $50,000 per accident, and $20,000 in property damage liability protection. If you served in any branch of the military consider asking for a veteran auto insurance discount.
How do I handle car insurance in Montana when car is in storage?
You can cancel your insurance while your car is in storage in Montana if you turn your tags into the state DMV. This allows you to forgo insurance coverage on your car.
What happens in Montana if you have no auto insurance and get in accident?
This can be a very costly situation to be. You’ll be liable for any damages you’re at fault for. You can also face civil and criminal fines and penalties. Related: How to get insurance on rebuilt title?
How to be exempt from MT car insurance law?
You can avoid obtaining insurance in MT if you post an indemnity bond with the state instead of obtaining an auto insurance policy.
What tickets go to your car insurance in MT?
Montana reports all moving violations to car insurance companies. This category includes things like running a stop sign, driving too fast for conditions, speeding, and reckless driving.
What is the lowest requirement for car insurance in Montana?
The minimum requirement for car insurance in Montana is a policy with limits at 25/50/20. $25,000 for bodily injury protection up to $50,000 per accident, and $20,000 for property damage liability coverage.
Are you required to have auto insurance in Montana when you obtain your driver's license?
No, you don’t need insurance to get your license. But you do need insurance to legally register your car with the state. Some people have also asked about insurance without license options.
What type of car insurance is required in Montana?
Montana requires a minimum liability insurance to legally drive. This insurance must cover $25,000 for bodily injury per person up to $50,000 per accident. It also needs to include a minimum limit of $20,000 for property damage.
What is full coverage auto insurance in Montana?
In Montana full coverage is considered to be the state legal minimum coverage. That means a policy with limits of 25/50/20 – $25,000 for bodily injury per person up to $50,000 per accident and $20,000 in property damage liability coverage.
When you lease a car in Montana do you need insurance?
Yes, you need at least the state minimum insurance coverage. Your lease agreement may require additional coverage as well.
How do "points" affect motorcycle insurance in Montana?
Points make your insurance go up. They are a sign that you are a risky driver, which increases the cost of your insurance. Getting a motorcycle insurance quote online would probably be your best bet to know how much you’re going to pay.
Montana Car Insurance Prices
This section answers your questions about the price of car insurance in Montana.
What is the average monthly car insurance premium in Montana?
An average driver in Montana will pay about $72 per month for car insurance. That works out to $864 per year, which is lower than the national average of $1,009. Compare these average car insurance costs per month to other states.
What effect does credit rating have to do with Montana auto insurance?
The lower your credit score, the more you’ll pay for car insurance. That’s true in Montana as well as every other state. That’s because a lower credit score show’s there’s a greater risk that you won’t pay your bill, which means the insurance company charges more to cover the risk.
How much car insurance is for an 18-year-old male in Montana?
On average, the annual premium for an 18-year-old male in Montana will be about $4,656. However, that assumes the driver is on their own policy. The price will be much cheaper if they are added to their parent’s policy.
What Is Montana insurance law for minor who owns a car?
Any car must be insured in order to be registered in the state of Montana. That includes a car owned by a minor.
Why is auto insurance so high in Montana?
Auto insurance in Montana is actually below the state average by about $150 per year. The cost of insurance is going up everywhere because health care costs are going up and cars cost more to repair. That being said it should be easy to get affordable car insurance quotes for Montana.
How much does car insurance cost Montana?
The average annual cost for car insurance in Montana is $864. However, your price might be higher or lower depending on your specific situation. Its important to compare car insurance quotes from different companies to get the best rates.
What is the cheapest car insurance in Montana?
That depends on what you’re looking for – Safeco has the best insurance for good drivers, those with poor credit, low mileage drivers, and those looking for minimum coverage. State Farm is the best option for people with one at fault crash. Ask them if they offer low down payment auto insurance.
How do points affect Montana car insurance?
Points will generally cause your insurance price to go up. That’s because they show the insurance company you’re a higher risk for an accident.
At what age in Montana does car insurance drop?
The three biggest drops in car insurance by age for Montana occur at 20, 25, and 30. Each of these milestones comes with a large drop in car insurance rates for an average driver. There are various ways to to save such as getting temporary month to month auto insurance until you can afford a longer term policy.
Why does Montana car insurance keep going up?
The cost of car insurance in Montana keeps going up because the cost of providing insurance continues to rise. Cars are more expensive to repair and health care costs are also more expensive, so the cost of insurance goes up as well.
What kind of car has the cheapest insurance in Montana?
The cheapest cars to insure in Montana are smaller and safer vehicles with lots of safety features. Cars like a Subaru hatchback or a Honda Civic are good examples. See which car insurance is the cheapest in different states.
How are auto insurance premiums calculated in MT?
Every company has their own way of calculating premiums. They use different statistics to determine how much of a risk someone poses, and how much they need to charge to justify covering them.
What is the average price of car insurance in Montana?
Montana’s car insurance prices are actually lower than the national average. The average cost in MT is $864 per year, compared to about $1,009 per year for other states. To find the best rates start out by doing an auto insurance prices comparison with our form above.
How does Montana car insurance compare to Idaho?
Idaho is actually a good deal cheaper than Montana as far as yearly averages for the typical policy. However this could vary greatly for something like an Idaho SR22 insurance policy for example since its more specialized.
Montana Car Insurance Claims and Coverage
We’ll help you understand how car insurance claims and coverage work in this section.
When in a car accident can you collect medical payments from both insurance companies MT?
Sometimes but not usually. This only happens if the damages from the accident go over the limit that the at-fault driver’s insurance will cover. That causes your underinsured clause to kick in to pay off the rest of the damages.
How long should an insurance company provide a rental car after totaled Montana?
The state of Montana doesn’t have any laws about how long a company must provide you a rental car. Whether or not you get a rental car and for how long depends on your specific insurance policy. Related article: How much is rental car insurance?
How long before insurance pays on stolen car in Montana?
Montana doesn’t have any laws about the timeframe for paying out on a stolen car claim. Usually the company will investigate the claim and see if they can track down the car, as this is cheaper than paying out for a replacement.
In MT, what is property damage on car insurance?
Property damage on car insurance covers the damage to other people’s cars and any other property that might be damaged in an accident.
What does high risk auto insurance cover in MT?
Auto insurance in MT must cover bodily injury and property damage liability. You can also get other coverage depending on your insurance policy.
What to expect when filing an auto insurance claim in Montana?
When you file an auto insurance claim in Montana you should expect to provide a detailed account of the incident that lead to the claim. You should also expect an investigation and/or inspection from the insurance company and a request for any police reports.
Other Montana Car Insurance Questions
This section answers questions that don’t fit into our other categories. Check here if you don’t see your question listed elsewhere.
What percentage of MT drivers don't have auto insurance?
A 2017 study found that about 13% of motorists were uninsured. That works out to about one in every eight cars on the road.
How long does it take for insurance to report car electronically to MT?
Insurance reporting generally takes place immediately when you pay for your policy. Most insurance companies include this as part of their automated process.
What MT car insurance allows spouse exemptions?
Most companies in MT will allow spousal exemptions. However, you need to make sure your spouse doesn’t drive your car or it can void your insurance agreement.
How to file a complaint against a car insurance company in MT?
The Office of the Montana State Auditor, Commissioner of Securities, and Insurance is the best place to go to file a complaint against a car insurance company in the state.
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