Cheapest car insurance companies in Billings 

According to a study by Insurance.com, the cheapest car insurance companies in Billings for 2023 are Nationwide and State Farm

In Billings, Nationwide provides the cheapest auto insurance rates to drivers at an average annual premium of $1,318 annually

Car insurance costs may vary in Billings based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Billings.

CompaniesAverage annual rates
USAA$925
Nationwide$1,318
State Farm$1,738
Geico$2,220
Progressive$2,336
Kemper Insurance$2,658
Farmers$3,003
Allstate$3,057

Cheapest car insurance cost in Billings by Age Group 

USAA offers the cheapest full coverage car insurance for teenage drivers in Billings, with an average annual cost of $3,393 per year. Insurance companies deem teenagers as "high-risk" drivers due to their inexperience and statistically higher accident rates. This elevated risk profile translates to significantly higher car insurance costs for young drivers compared to their older counterparts. 

However, teen drivers who maintain good grades or stay on their parent's policy can qualify for significant insurance discounts.

For young drivers in Billings, USAA has the cheapest auto insurance rates, with an average annual cost of $1,471 annually

For Billings drivers entering their 30s, car insurance becomes significantly more affordable compared to their younger years. USAA provides the cheapest car insurance premiums, offering full coverage policies at $945 annually

USAA is the cheapest option for senior drivers in Billings, with an average premium of $973 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis. 

CompanyTeensYoung AdultsAdultsSeniors
USAA$3,393$1,471$945$973
Nationwide$3,941$2,188$1,324$1,222
State Farm$4,714$2,779$1,724$1,672
Geico$6,760$4,068$2,175$2,727
Progressive$7,679$4,057$2,375$2,325
Farmers$9,386$3,768$2,864$3,021
Kemper Insurance$9,544$4,885$2,710$2,335
Allstate$10,081$4,877$3,021$3,016

Cheapest car insurance companies in Billings by driver profile 

Insurers in Billings consider various factors, including driver profile, to calculate car insurance premiums. You can expect to pay significantly higher rates if you have a history of accidents or traffic citations on your driving record. On the other hand, those with a clean driving record enjoy more affordable coverage.

Comparison shopping is the key to getting the cheapest car insurance rates in Billings. By comparing rates from multiple providers, you ensure you're getting the coverage you need at an affordable price.

Here are some of the cheapest car insurance companies in Billings based on driver profile. 

USAA is the cheapest car insurance option for drivers with poor credit. Its average annual auto insurance cost for Billings drivers is $1,992

The table below shows the list of car insurance companies that offer affordable car insurance for drivers with poor or bad credit scores. 

CompanyAverage annual rates
USAA$1,992
Progressive$2,063
Nationwide$2,158
Geico$2,208
State Farm$2,519
Farmers$3,726
Allstate$3,762

Based on recent data analysis, 30-year-old drivers in Billings with speeding tickets on their driving record can get the cheapest car insurance rates from USAA at an annual cost of $1,165.

Find the best car insurance company for your needs by comparing quotes from different carriers. Don't assume that the cheapest option for someone else will also be the cheapest for you. Take the time to shop around and get the coverage that best suits your needs. 

CompanyAverage annual premium
USAA$1,165
State Farm$1,344
Progressive$1,813
Nationwide$1,944
Geico$2,021
Allstate$2,691
Farmers$2,715

If you've had an accident, USAA might be your best bet for affordable auto insurance.

For Billings drivers with an at-fault accident, USAA offers the cheapest average annual rate at $1,325. It's a great option if you're looking for affordable coverage that won't break the bank.

After an accident, your insurance rates are likely to go up. Finding a provider with competitive rates can help you minimize the financial impact.

CompanyAverage annual rates
USAA$1,325
State Farm$1,435
Progressive$2,301
Nationwide$2,515
Geico$2,909
Allstate$3,521
Farmers$3,694

In Billings, State Farm has the cheapest car insurance rates for individuals with DUI on their record. The company provides a full coverage policy at an average cost of $1,344 a year

Drivers convicted of a DUI offense face substantial increases in their car insurance rates. To get affordable premiums, you should compare quotes from different insurance carriers.

CompanyAverage annual rates
State Farm$1,344
Progressive$1,875
USAA$2,026
Nationwide$3,499
Farmers$3,819
Allstate$3,950
Geico$8,562

Average car insurance cost in Billings 

The average car insurance rate in Billings for full coverage is $2,157 per year or $180 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Billings is $433 per year. 

You pay more for full coverage insurance than the state minimum, but it covers damage to your car besides providing coverage for other driver's vehicle. To lower your premium, consider comparing quotes from different companies. 

Average annual RatesState minimum average
$2,157$433

Methodology

Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:

  • 40-year-old male driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.

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