Average home insurance cost in Montana

The average cost of homeowners insurance in Montana is $3,289 a year or $274 a month. This is based on coverage of:

  • $300,000 dwelling
  • $300,000 liability
  • $1,000 deductible

However, the average annual premium varies by the insurance company, your ZIP code, coverage type, your home's age, among other factors. It’s a good idea to compare price quotes from different Montana homeowners insurance companies to get the best deal.

Best home insurance companies in Montana

The best home insurance company in Montana is State Farm, followed by Chubb Ltd and Nationwide.

Below is a full list of the top Montana insurance companies based on price, NAIC complaints, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best home insurance companies in Alaska
Graph
Table
Best home insurance companies in Montana
CompanyAM BestNAIC complaint ratioInsurance.com scoreAverage annual rate
State FarmA++0.834.52$2,561
Chubb LtdA++0.184.25$1,659
NationwideA+1.053.84$2,339
AllstateA+1.463.40$3,393
FarmersA0.673.38$3,945
TravelersA++1.103.34$7,948
Data updated in 2024

Cheapest home insurance companies in Montana

Below are Montana home insurance rates by company for six different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, you’ll see Chubb Ltd has the most affordable rates in all categories by a considerable margin.

Cheapest home insurance rates in Montana by coverage level
Company$200,000$300,000$400,000$600,000$1,000,000
Chubb Ltd$1,268$1,659$2,053$2,844$4,448
Nationwide$1,670$2,339$3,003$4,631$8,406
State Farm$1,989$2,561$3,133$4,361$6,567
USAA*$2,305$2,945$3,411$4,230$5,662
Allstate$2,838$3,393$3,786$4,676$6,451
Farmers$2,754$3,945$5,210$7,538$11,884
Travelers$6,909$7,948$9,257$15,324$27,610

*USAA only provides coverage to military members, veterans and their families.

Data updated in 2024

Montana home insurance rates by ZIP code

Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Montana to see which areas are the most and least expensive.

Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.

Home insurance calculator

Average home insurance rates in Texas
Please enter valid zip code
$200,000
$200,000 $300,000 $400,000 $600,000 $1,000,000
$100,000
$100,000 $300,000
Standard ($1000)
Standard ($1000) Hurricane (2% of insured value)

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive

ZIP codeCityHighest rate
77550Galveston$10,164
77586El Lago$9,906
77551Galveston$9,536
77554Galveston$9,358

Least expensive

ZIP codeCityLowest rate
78559Iglesia Antigua$1,956
78593Santa Rosa$1,999
79915El Paso$2,008
79905El Paso$2,009
Data updated in 2024

The Montana Commissioner of Securities and Insurance says...

While homeowner's insurance is not designed to cover most business uses of your home, some policies might cover some business uses, at least partially. For example, if you use your home computer or laptop for business, it's often covered. However, you should check your policy limits to make sure. Your laptop might be covered even it is lost, damaged, or stolen while you are away from your home.

- The Montana Commissioner of Securities and Insurance

The most expensive ZIP codes in Montana for home insurance

Montana homeowners insurance rates are the most expensive for ZIP code 59313 with an average annual cost of $4,079.

The most expensive ZIP codes in Montana are:

ZIP codeAverage annual Premium
59313$4,079
59345$4,059
59012$4,036
59344$4,029
59062$4,026
59055$3,982
Data updated in 2024

The least expensive ZIP codes in Montana for home insurance

The cheapest ZIP codes for home insurance in Montana are:

ZIP codeAverage annual rate
59921$2,287
59918$2,307
59913$2,318
59936$2,411
59867$2,467
59713$2,528
Data updated in 2024

Compare Montana homeowners insurance rates with other states

Alabama
$3,066/year
Alaska
$1,799/year
Arizona
$1,966/year
Arkansas
$4,073/year
California
$1,380/year
Colorado
$3,388/year
Connecticut
$2,100/year
Delaware
$1,389/year
Florida
$4,218/year
Georgia
$2,163/year
Hawaii
$582/year
Idaho
$1,892/year
Illinois
$2,604/year
Indiana
$2,721/year
Iowa
$2,402/year
Kansas
$4,665/year
Kentucky
$3,163/year
Louisiana
$3,481/year
Maine
$1,407/year
Maryland
$1,630/year
Massachusetts
$1,518/year
Michigan
$2,607/year
Minnesota
$2,327/year
Mississippi
$3,398/year
Missouri
$3,349/year
Nebraska
$4,624/year
Nevada
$1,457/year
New Hampshire
$1,144/year
New Jersey
$1,299/year
New Mexico
$2,542/year
New York
$1,728/year
North Carolina
$2,768/year
North Dakota
$2,946/year
Ohio
$2,017/year
Oklahoma
$4,945/year
Oregon
$1,503/year
Pennsylvania
$1,760/year
Rhode Island
$1,774/year
South Carolina
$2,727/year
South Dakota
$3,529/year
Tennessee
$2,870/year
Texas
$4,142/year
Utah
$1,421/year
Vermont
$1,175/year
Virginia
$1,999/year
Washington
$1,659/year
West Virginia
$1,801/year
Wisconsin
$1,508/year
Wyoming
$1,801/year
Show more
Tip iconHelpful home insurance tools and calculators
Tip icon You might also be interested in