The best cheap auto insurance in Montana 2022

March 7, 2022

Montana Mortgages

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According to the Insurance Information Institute, the average driver in Montana will pay $825 per year for

car insurance

. Compared to the national average of $935 per year, car insurance in Montana is affordable.

Car insurance companies consider your location, age, gender, and driving record to calculate premium rates. Other factors such as credit score, marital status, type of vehicle, previous coverage, and miles driven can all play a role in how much you’ll pay for coverage.

There are opportunities to save by shopping around and comparing coverage beyond the premium or the amount you will pay for coverage.

Minimum Automobile Liability Insurance Requirements in Montana

In the United States, drivers must have liability coverage required by law. If you are involved in an accident, liability insurance covers the damage you cause to the other vehicle, driver and passengers. If you finance or lease your car, your lender likely requires comprehensive coverage and collision coverage.

The two main components of liability insurance are bodily injury and property damage, which most states require. Liability insurance also includes uninsured motorist and underinsured motorist coverage to protect you when an at-fault driver hits you and they have no or insufficient coverage.

Montana requires bodily and property coverage, according to the Insurance Information Institute. Montana’s minimum liability requirements are 25/50/20, which means up to $25,000 in injury protection for each person involved in an accident, up to $50,000 in injury per incident and up to $20,000 property damage per incident.

Best Cheap Auto Insurance in Montana based on credit score

Consumer Reports has compiled a list of all auto insurance rate plans from all companies in every state. He used an average single adult driver to find the best price in each state and found that three companies came out on top for three different credit ratings. Here are the top three companies and their average cover price:

*USAA is only available to military members, veterans and their families

Average premiums for older and teenage drivers in Montana

The chart below shows what average older and teenage drivers can expect to pay in Montana. Because teenage drivers are new drivers with little driving history and are more accident-prone, their rates are high. Most insurance companies offer discounts to teen drivers for getting good grades or taking road safety courses.

Older drivers generally see an increase in car insurance premiums as they get older, but not as much as new or teenage drivers. If you’re still driving in your 60s or 60s, there are ways to negotiate cheaper car insurance rates, such as using pay-per-mile.

Data provided by Chicken head insurance

Montana auto insurance rates by city

Where you live affects your premium. Those in urban areas pay more than those in rural areas. Below is the estimated average annual premium of

car insurance

policies per household in Montana’s most populous cities:

Data from S&P Global Market Intelligence

Best auto insurance in Montana based on customer satisfaction

Customer satisfaction with car insurance providers may be a factor in your decision. Five factors make up customer satisfaction: billing process and policy information, claims, interaction, policy offers, and price. According to a 2021 survey by JD Power, a consumer research firm that polls customers, these are the top auto insurance companies in the Northwest region (which includes Montana):

Here are the most popular car insurance companies in Montana, based on the percentage of insured Montana drivers who use them:

* USAA is restricted to active military members, veterans and their families.

Data from S&P Global Market Intelligence

Who Gets the Best Auto Insurance in Montana?

The drivers who get the best car insurance rates will be the ones with the best credit. Several other factors can affect how an insurance company will price your premium, including your age, gender, type of car you drive, and where in Montana you live.

Another way to save is to shop around – every insurance company prices policies differently, and no two policies are the same. Prices vary greatly depending on whether you have liability, comprehensive or collision coverage.

Consider the amount of coverage and types of coverage listed on your quote. Remember, you are looking for the best coverage for your money. Don’t forget to look at the deductible or the amount you will pay out of pocket if you have an accident.