The cost of car insurance in Montana can be high, but you do not need to be a risky driver to get an affordable policy. The best way to find an affordable Montana auto insurance is to shop around. You should always check rates from several insurers to compare prices.
The cost of auto insurance in Montana depends on many factors, including the type of vehicle you drive, your age and your driving history. The most important factor is your age. You may be able to reduce the cost of your insurance by increasing your deductible. The coverage level you choose will also affect the cost. If you have a low-replacement-value car, you may not want to add comprehensive coverage. However, you may need to pay more to have collision coverage.
If you live in Montana, you can expect to pay between $1200 and $2000 annually for full coverage. The most expensive car to insure in the state is the luxury sports car, but you can find cheaper coverage for older models. It’s also important to consider how much you drive. If you only drive a few miles a month, usage-based insurance may be better for you. If you have a young teen, you should look into a low-mileage plan. If you are under 25 years old, you can pay up to 3.1 times more for car insurance than you would if you are over 25.
You can also choose to pay for additional liability insurance, but this is optional. Regardless of who is at fault in an accident, liability coverage will kick in to cover the costs of the other person’s medical bills and property damages.
In Montana, drivers who are pulled over need to show proof of insurance. The state’s minimum insurance requirement is $25,000 in bodily injury liability for one person, $50,000 per accident, and $10,000 in property damage liability. If you exceed this limit, you may be charged a higher rate. If you are convicted of a DUI or other driving offense, your car insurance premium will increase. The average annual rates for top carriers in Montana are listed below.
The National Association of Insurance Commissioners (NAIC) is the leading source of Montana auto insurance rates. The NAIC uses its statistical data to determine the rates that insurers will charge. Compared to neighboring states such as Idaho, North Dakota, and Wyoming, Montana’s rates are significantly higher. The lowest rates are in Helena, while the highest are in Columbia Falls. If you have multiple vehicles, you may be able to save on your insurance by getting a multi-car discount.
You can use the MoneyGeek car insurance calculator to find out how much you can expect to pay for your Montana auto insurance. The calculator is based on several factors, including the type of vehicle you drive and your age. You can use this calculator to estimate your monthly, yearly, or lifetime insurance premiums in Montana. You can also request a more detailed quote directly from an insurer.