Whether you’re just moving to Montana or have lived here for years, you may be wondering about the state’s auto insurance laws. Montana is known as an at-fault state, meaning that you’re personally liable for any damages you cause in an accident. This can create a big difference in your car insurance rate, since an at-fault accident can cost more than $20,000 in repairs.
Montana’s minimum liability coverage limits are quite low, considering the cost of damages. These limits require $25,000 in bodily injury liability for one person and $50,000 in bodily injury liability for a single accident.
This minimum level of insurance will cover your legal liability, but you can choose to increase your coverage for more protection. Most insurers also offer Personal Injury Protection, which pays for reasonable medical costs for you and your passengers if you’re involved in a car accident.
Another important factor that influences your premiums in Montana is the type of car you drive. Drivers with expensive vehicles are more likely to make claims, which means they will pay more for insurance. However, there are some options to reduce the cost of insurance if you drive an older car or if you use your car less often.
There are also discounts available for young drivers and drivers who maintain a good GPA. Some insurers also offer discounts if you take a driver safety course. Aside from these discounts, you may also be able to qualify for a discount if you have an accident-free driving record. Other potential discounts include low mileage discounts, college discounts, and safety equipment discounts.
Drivers in Montana can also choose to opt for additional liability insurance, such as uninsured motorist coverage, which pays for the expenses of an uninsured driver. Similarly, you can select underinsured motorist coverage to help cover expenses if you’re hit by a driver with a lower limit.
When it comes to insurance rates, it’s important to find the best option for your budget. In Montana, the average cost of car insurance is $42 per month, or $787 per year. However, the cost can vary widely from provider to provider. It’s also important to compare the insurance rates of different companies to find the best deal.
The average cost of car insurance in Montana is $200 less than the national average. Using a car insurance calculator is a great way to find out how much your policy will cost. It’s also important to understand that the rates you see are based on a non-binding estimate from Quadrant Information Services. If you want a more accurate quote, you can contact an insurer directly.
A good car insurance calculator will give you a ballpark figure of what your premiums will be, but you will need to do some comparison shopping. The rates you see are based on a number of factors, including the type of car you drive, your age, your credit history, and other factors. You should also request quotes from more than one carrier, since each insurer will weigh your profile differently.