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.
Company | AM Best | NAIC complaint ratio | Insurance.com score | Average annual rate |
---|---|---|---|---|
State Farm | A++ | 0.83 | 4.52 | $2,561 |
Chubb Ltd | A++ | 0.18 | 4.25 | $1,659 |
Nationwide | A+ | 1.05 | 3.84 | $2,339 |
Allstate | A+ | 1.46 | 3.40 | $3,393 |
Farmers | A | 0.67 | 3.38 | $3,945 |
Travelers | A++ | 1.10 | 3.34 | $7,948 |
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.
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.
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 TexasMost & least expensive ZIP codes for homeowners insurance in Texas
Most expensive
ZIP code | City | Highest rate |
---|---|---|
77550 | Galveston | $10,164 |
77586 | El Lago | $9,906 |
77551 | Galveston | $9,536 |
77554 | Galveston | $9,358 |
Least expensive
ZIP code | City | Lowest rate |
---|---|---|
78559 | Iglesia Antigua | $1,956 |
78593 | Santa Rosa | $1,999 |
79915 | El Paso | $2,008 |
79905 | El Paso | $2,009 |
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 InsuranceThe 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 code | Average annual Premium |
---|---|
59313 | $4,079 |
59345 | $4,059 |
59012 | $4,036 |
59344 | $4,029 |
59062 | $4,026 |
59055 | $3,982 |
The least expensive ZIP codes in Montana for home insurance
The cheapest ZIP codes for home insurance in Montana are:
ZIP code | Average annual rate |
---|---|
59921 | $2,287 |
59918 | $2,307 |
59913 | $2,318 |
59936 | $2,411 |
59867 | $2,467 |
59713 | $2,528 |