Cheap Car Insurance Montana: A Comprehensive Analysis

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State Farm provides the most affordable auto insurance in Montana, featuring a mean monthly cost of $98 for comprehensive coverage

Getting car insurance is important, but it’s not always simple to find affordable options in Montana.

Cheap Car Insurance Montana
Cheap Car Insurance Montana Photo source [The motley fool]
The best way to get a good deal is by comparing rates from different insurance companies.In Montana, the least expensive car insurance comes from QBE, costing around $1,418 annually or $118 monthly for full coverage, as per the latest analysis by NerdWallet.On average, full coverage car insurance in Montana is about $2,269 per year or approximately $189 per month.If you’re looking for minimum coverage, the average cost in Montana is around $480 per year. However, you can likely find a cheaper option.

For instance, QBE offers the most affordable rates at an average of $244 per year for minimum coverage for a 35-year-old driver with a clean driving record.

We selected the most affordable companies in Montana by having NerdWallet’s editorial team review car insurance rates from 9 different auto insurers.

We identified the five cheapest choices for drivers across various age groups and driving histories, all with a 2020 Toyota Camry L.

Table of Contents

Certainly, here’s the information presented in a different form:

Liability Coverage:

  • Bodily Injury Liability (per person): $100,000
  • Bodily Injury Liability (per accident): $300,000
  • Property Damage Liability (per accident): $50,000

Uninsured Motorist Coverage:

  • Uninsured Motorist Coverage (per person): $100,000
  • Uninsured Motorist Coverage (per accident): $300,000

Collision and Comprehensive Coverage:

  • Collision Coverage: $1,000 deductible
  • Comprehensive Coverage: $1,000 deductible

Most affordable for drivers who are 20 years old.

Motorists in Montana who have maintained clean driving records might find it beneficial to explore the following companies, which boast the most budget-friendly average rates:

Here are the yearly and monthly rates for car insurance from different companies in Montana:

Here are the yearly and monthly rates for car insurance from different companies in Montana:

  • QBE: $2,495 per year, or around $208 per month.
  • Progressive: $4,324 per year, or about $360 per month.
  • Nationwide: $4,696 per year, or roughly $391 per month.
  • Farmers: $6,427 per year, or about $536 per month.
  • Allstate: $6,530 per year, or around $544 per month.

Basic Coverage Auto Insurance in Montana for 20-Year-Olds

For Montana drivers seeking the most affordable state minimum coverage, consider these companies with the lowest average rates:

  • QBE: $577 per year, approximately $48 per month.
  • Progressive: $944 per year, around $79 per month.
  • Nationwide: $1,079 per year, roughly $90 per month.
  • Geico: $1,133 per year, about $94 per month.
  • Allstate: $1,267 per year, approximately $106 per month.

For 20-year-olds in Montana with poor credit looking for economical auto insurance:

  • QBE: $1,045 per year, or around $87 per month.
  • Progressive: $1,398 per year, about $116 per month.
  • Nationwide: $1,511 per year, roughly $126 per month.
  • Geico: $1,552 per year, approximately $129 per month.
  • Allstate: $1,775 per year, or about $148 per month.

Montana drivers aged 20 with one recent speeding ticket can find budget-friendly options from these insurers:

  • QBE: $938 per year, around $78 per month.
  • Progressive: $1,102 per year, roughly $92 per month.
  • Nationwide: $1,221 per year, approximately $102 per month.
  • Geico: $1,244 per year, or about $104 per month.
  • Allstate: $1,403 per year, around $117 per month.

For 20-year-old Montana drivers with one at-fault crash, the following companies offer the lowest average rates for minimum coverage:

  • QBE: $938 per year, approximately $78 per month.
  • Progressive: $1,102 per year, around $92 per month.
  • Nationwide: $1,221 per year, roughly $102 per month.
  • Geico: $1,244 per year, or about $104 per month.
  • Allstate: $1,403 per year, approximately $117 per month

Montana drivers aged 20 with one recent speeding ticket can find budget-friendly options from these insurers:

  • QBE: $938 per year, around $78 per month.
  • Progressive: $1,102 per year, roughly $92 per month.
  • Nationwide: $1,221 per year, approximately $102 per month.
  • Geico: $1,244 per year, or about $104 per month.
  • Allstate: $1,403 per year, around $117 per month.

For 20-year-old Montana drivers with one at-fault crash, the following companies offer the lowest average rates for minimum coverage:

  • QBE: $938 per year, approximately $78 per month.
  • Progressive: $1,102 per year, around $92 per month.
  • Nationwide: $1,221 per year, roughly $102 per month.
  • Geico: $1,244 per year, or about $104 per month.
  • Allstate: $1,403 per year, approximately $117 per month.

Most budget-friendly car insurance in Montana for 20-year-old drivers with one at-fault crash:

  • QBE: $938 per year, or around $78 per month.
  • Progressive: $1,183 per year, approximately $99 per month.
  • Nationwide: $1,269 per year, roughly $106 per month.
  • Geico: $1,513 per year, or about $126 per month.
  • Allstate: $1,567 per year, or about $131 per month.
Cheapest auto insurance in Montana for 20-year-old drivers after a DUI:
  • Progressive: $1,064 per year, or about $89 per month.
  • QBE: $1,365 per year, or about $114 per month.
  • Nationwide: $1,507 per year, or about $126 per month.
  • Allstate: $1,660 per year, or about $138 per month.
  • Geico: $1,702 per year, or about $142 per month.

For 30-year-old drivers in Montana:

If you’re in your 30s, you can typically expect lower car insurance rates compared to your teens and 20s.

However, your driving history and the type of car you have can still impact prices.

Consider shopping around and exploring available discounts to get the best rates.

Cheapest full coverage car insurance in Montana for 30-year-olds:

  • QBE: $1,471 per year, or about $123 per month.
  • Nationwide: $1,984 per year, approximately $165 per month.
  • Geico: $2,269 per year, or about $189 per month.
  • Progressive: $2,410 per year, around $201 per month.
  • Allstate: $2,511 per year, or about $209 per month.

Most economical basic coverage car insurance in Montana for 30-year-olds:

If you’re a driver in Montana looking for the state’s minimum coverage, consider reaching out to the following companies offering the most affordable average rates:

  • QBE: $238 per year, or approximately $20 per month.
  • Geico: $344 per year, or around $29 per month.
  • Progressive: $451 per year, or about $38 per month.
  • Nationwide: $492 per year, or roughly $41 per month.
  • Allstate: $570 per year, or about $48 per month.

Most affordable car insurance in Montana for 50-year-olds with poor credit:

Montana drivers dealing with poor credit can explore the following companies that offer the lowest average rates for full coverage:

  • QBE: $1,951 per year, or approximately $163 per month.
  • Nationwide: $2,848 per year, or around $237 per month.
  • Progressive: $2,978 per year, or about $248 per month.
  • Allstate: $3,538 per year, or about $295 per month.
  • Geico: $4,077 per year, or about $340 per month.

Most economical basic coverage car insurance in Montana for 50-year-olds:

For drivers in Montana choosing the state minimum coverage, these companies may be worth considering, offering the lowest average rates:

  • QBE: $230 per year, or around $19 per month.
  • Progressive: $375 per year, or about $31 per month.
  • Geico: $454 per year, or around $38 per month.
  • Nationwide: $460 per year, or about $38 per month.
  • Allstate: $570 per year, or around $48 per month.

Most affordable car insurance in Montana for 50-year-old drivers with one speeding ticket:

If you’ve received a recent speeding ticket in Montana and are seeking minimum coverage, these companies offer the lowest average rates:

  • QBE: $478 per year, or around $40 per month.
  • Progressive: $511 per year, or about $43 per month.
  • Geico: $545 per year, or approximately $45 per month.
  • Nationwide: $580 per year, or about $48 per month.
  • Allstate: $650 per year, or around $54 per month.

Most budget-friendly car insurance in Montana for 50-year-old drivers with one at-fault crash:

For Montana residents who recently had an accident, here are the insurance companies with the lowest average rates for full coverage:

  • QBE: $2,051 per year, or around $171 per month.
  • Progressive: $2,892 per year, or approximately $241 per month.
  • Nationwide: $3,332 per year, or about $278 per month.
  • Allstate: $3,460 per year, or around $288 per month.
  • Geico: $4,382 per year, or approximately $365 per month.

Most affordable for 60-year-old drivers:

Even though car insurance rates for 60-year-olds are generally lower than for many other age groups, costs tend to rise as individuals get older.

To secure economical car insurance for seniors, drivers in their 60s should diligently compare options to find the most favorable rates.

Additionally, drivers in this age range should explore available discounts tailored for senior citizens.

Most budget-friendly full coverage car insurance in Montana for 60-year-olds:

For drivers in Montana with clean driving records who are in their 60s, consider obtaining quotes from these companies that offer the lowest average rates:

  • QBE: $1,352 per year, or around $113 per month.
  • Nationwide: $1,716 per year, or about $143 per month.
  • Progressive: $1,815 per year, or approximately $151 per month.
  • Allstate: $2,314 per year, or around $193 per month.
  • Geico: $2,850 per year, or about $238 per month.

Most economical basic coverage car insurance in Montana for 60-year-olds:

For drivers in Montana seeking only the state minimum coverage, it’s advisable to explore these insurers, offering the lowest average rates:

  • QBE: $263 per year, or approximately $22 per month.
  • Progressive: $362 per year, or around $30 per month.
  • Nationwide: $436 per year, or about $36 per month.
  • Geico: $454 per year, or around $38 per month.
  • Allstate: $570 per year, or about $48 per month.
  • Most affordable car insurance in Montana for 60-year-olds with poor credit:

Montana drivers dealing with poor credit can consider the following companies, offering the lowest average rates for full coverage:

QBE: $1,944 per year, or about $162 per month.

  • Nationwide: $2,720 per year, or around $227 per month.
  • Progressive: $2,823 per year, or about $235 per month.
  • Allstate: $3,411 per year, or about $284 per month.
  • Kemper: $3,980 per year, or about $332 per month.

For 60-year-old drivers with one speeding ticket:

If you have a recent speeding ticket in Montana, here are the companies with the lowest average rates for minimum coverage:

  • Progressive: $499 per year, or about $42 per month.
  • QBE: $548 per year, or about $46 per month.
  • Nationwide: $556 per year, or about $46 per month.
  • Geico: $557 per year, or about $46 per month.
  • Allstate: $650 per year, or about $54 per month.

For 60-year-old drivers with one at-fault crash:

For Montana drivers with a recent accident, here are the companies with the lowest average rates for full coverage:

  • QBE: $2,091 per year, or about $174 per month.
  • Progressive: $2,783 per year, or about $232 per month.
  • Nationwide: $3,213 per year, or about $268 per month.
  • Allstate: $3,380 per year, or about $282 per month.
  • Kemper: $4,366 per year, or about $364 per month.
For 60-year-old drivers after a DUI:

The most budget-friendly auto insurance we found after a DUI comes from the following companies, listed with their average rates for full coverage.

  • Progressive: $2,138 per year, or about $178 per month.
  • QBE: $2,916 per year, or about $243 per month.
  • Kemper: $3,080 per year, or about $257 per month.
  • Allstate: $3,590 per year, or about $299 per month.
  • Nationwide: $4,270 per year, or about $356 per month

Most budget-friendly for 70-year-old drivers:

As drivers reach the age of 70, car insurance costs may begin to increase.

To secure the most affordable coverage, it’s recommended to explore and compare quotes from various companies.

Additionally, look for insurers that provide discounts for seniors, such as those offering reductions for completing a defensive driving course.

Most economical full coverage car insurance in Montana for 70-year-olds:

For drivers in Montana with clean driving records who are in their 70s, consider obtaining quotes from these companies that offer the lowest average rates:

  • QBE: $1,470 per year, or around $123 per month.
  • Nationwide: $1,886 per year, or about $157 per month.
  • Progressive: $1,961 per year, or approximately $163 per month.
  • Allstate: $2,385 per year, or around $199 per month.
  • Kemper: $3,128 per year, or about $261 per month.

Most economical minimum coverage car insurance in Montana for 70-year-olds:

For drivers in Montana seeking only the state minimum coverage and are in their 70s, it’s advisable to check with these insurers, offering the lowest average rates:

  • QBE: $334 per year, or approximately $28 per month.
  • Progressive: $432 per year, or about $36 per month.
  • Geico: $513 per year, or around $43 per month.
  • Nationwide: $528 per year, or about $44 per month.
  • Allstate: $570 per year, or about $48 per month.

Most affordable car insurance in Montana for 70-year-olds with poor credit:

Montana drivers dealing with poor credit can consider the following companies, offering the lowest average rates for full coverage:

  • QBE: $2,089 per year, or about $174 per month.
  • Nationwide: $2,962 per year, or around $247 per month.
  • Progressive: $3,036 per year, or about $253 per month.
  • Allstate: $3,612 per year, or about $301 per month.
  • Kemper: $4,232 per year, or about $353 per month.
  • For 70-year-old drivers with one speeding ticket:

If you have a recent speeding ticket in Montana, here are the companies with the lowest average rates for minimum coverage:

  • Geico: $638 per year, or about $53 per month.
  • Progressive: $640 per year, or about $53 per month.
  • Nationwide: $648 per year, or about $54 per month.
  • Allstate: $650 per year, or about $54 per month.
  • QBE: $772 per year, or about $64 per month.

For 70-year-old drivers with one at-fault crash:

For Montana drivers with a recent accident, here are the companies with the lowest average rates for full coverage:

  • QBE: $2,446 per year, or about $204 per month.
  • Progressive: $3,183 per year, or about $265 per month.
  • Nationwide: $3,465 per year, or about $289 per month.
  • Allstate: $3,569 per year, or about $297 per month.
  • Kemper: $4,690 per year, or about $391 per month.

For 70-year-old drivers after a DUI:

The most budget-friendly auto insurance we found after a DUI comes from the following companies, listed with their average rates for full coverage.

  • Progressive: $2,492 per year, or about $208 per month.
  • Kemper: $3,280 per year, or about $273 per month.
  • QBE: $3,479 per year, or about $290 per month.
  • Allstate: $3,643 per year, or about $304 per month.
  • Nationwide: $4,509 per year, or about $376 per month.

Most affordable auto insurance for military families:

If you’re currently serving in the military, a veteran, or have a close family member who is, you can likely secure a cost-effective insurance rate with USAA.

Keep in mind that USAA is exclusive to the military community and is not accessible to the general public.

While it may not be included in the rankings alongside other companies, USAA emerged as the most budget-friendly auto insurance option among all 70 driver profiles we analyzed.

Mandatory auto insurance coverage in Montana: Montana drivers must have liability insurance, providing financial assistance for others’ injury expenses or property damage in the event you’re deemed responsible for an accident.

The minimum coverage requirements are:

  • $25,000 bodily injury liability per person.
  • $50,000 bodily injury liability per accident.
  • $20,000 property damage liability per accident.

While meeting these minimums ensures legal driving, experts recommend obtaining more comprehensive coverage in Big Sky Country for enhanced protection.

For instance, a single at-fault accident could lead to repair costs exceeding $20,000, leaving you responsible for the additional expenses.

Additionally, you might want to explore optional coverages like comprehensive coverage, aiding in the replacement of your stolen car, or uninsured motorist protection, covering your medical expenses if you’re injured by an uninsured driver.

Refer to NerdWallet’s comprehensive guide on Montana auto insurance requirements for a detailed breakdown of the mandatory and optional components of your auto policy in the state.

Other auto insurance options in Montana:

Individuals who attempt but are unable to secure car insurance from the regular market may be eligible for coverage through the Montana Automobile Insurance Plan.

For customized quotes on auto insurance, utilize NerdWallet’s car insurance comparison tool to compare estimates from leading insurers, allowing you to make side-by-side comparisons and potentially save hundreds of dollars.

Explore our website for additional insightful articles and information. Feel free to visit and delve into a wealth of valuable content. www.cheapinsurancelite.com

 

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