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Renters insurance is an affordable way to protect your rented home or apartment from theft and damage. People often find themselves in a dilemma when it comes to choosing the best renters insurance.

To help you find the most affordable renters insurance company, we have prepared this guide for you. We have gathered quotes from major renters insurance providers across Montana and compared the carriers based on several rating factors. Keep on reading this resource to get all the details you will need to choose the best renters insurance in Montana.

KEY TAKEAWAYS
  • Among the carriers surveyed, USAA is the best renters insurance companies in Montana.
  • Montana residents pay an average of $259 a year for a standard renters insurance policy, and the average monthly cost is $22.
  • Travelers is the cheapest renters insurance company in Montana, its average annual premium is $141.

Best renters insurance companies in Montana

When it comes to choosing the best renters insurance company in Montana, you want to make sure that you are comparing apples to apples. Our experts at Insurance.com have compared quotes, coverage options and J.D Power score from all the major insurers in Montana. Below is the list of best renters insurance companies in Montana:

  • USAA
  • State Farm
  • Allstate
  • Farmers
  • Travelers

Compare best renters insurance companies in Montana

Comparing quotes from multiple insurance carriers is one of the best ways to make sure you will get your money's worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Make sure you buy the insurance policy from a company that offers affordable renters insurance and provides consistent customer service.

Among the carriers surveyed, USAA is the best renters insurance companies in Montana. It has earned 893 scores out of 1000 from J.D Power and its average annual premium is $321. Although, the services offered by USAA are only for the current and former military officials and their family members.

If you do not qualify for services from USAA, the next best option is State Farm. J.D. Power awarded it 866 scores out of 1000.

Find below the average cost and rating of other renters insurance companies in Montana.

CompanyJ.D. Power scoreAverage annual rate
USAA893$321
State Farm866$186
Allstate833$249
Farmers831$413
Travelers815$152

How much is renters insurance in Montana

Montana residents pay an average of $259 a year for a standard renters insurance policy, and the average monthly cost is $22. That’s the state average cost for a policy with recommended coverage levels of personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

It's important to know that the price of your renters insurance policy will likely not be the same as a neighbor who lives near you. This is because it depends on factors specific for each person; the property you want to insure, extra coverage options you add, and the deductible amount you choose.

Average annual premiumAverage monthly premium
$259$22

10 Most expensive zip codes in Montana for renters insurance

A number of factors affect your renters insurance coverage cost in Montana including your location and the coverage you buy. The most expensive zip code in Montana for renters insurance is 59001, and its average annual rate is $279.

The following table lists the 10 most expensive zip codes in Montana for renters insurance. The list is prepared by analyzing quotes from major insurance companies across all the zip codes.

ZIP codeAverage annual rate
59001$279
59011$275
59240$274
59201$273
59261$269
59046$268
59523$267
59002$266
59032$265
59215$264

10 Least expensive zip codes in Montana for renters insurance

Renters insurance rates in Montana vary based on coverage amount, the renter’s credit history, and where they live. Based on a rate analysis by Insurance.com, the least expensive zip code for renters insurance in Montana is 59821, and its average annual rate is $235.

Find below the list of least expensive zip codes for renters insurance along with their average annual rates.

ZIP codeAverage annual rate
59821$235
59864$236
59715$237
59831$242
59018$243
59082$244
59802$245
59828$247
59801$248
59820$249

Cheap renters insurance in Montana by carrier

When it comes to shopping for a renters insurance policy, there are several options available. Among the carriers surveyed by Insurance.com, Travelers is the cheapest renters insurance company in Montana, its average annual premium is $141.

When you're shopping for renters insurance, know that prices can vary drastically between companies. That's why it is important to compare rates and see which company offers the best deal in order to get coverage at an affordable price.

Below is a list of the cheap renters insurance companies in Montana and their average annual premium.

Company nameAverage annual premium
Travelers$141
State Farm$176
Safeco$195
Allstate$210
USAA$294
Foremost$355
Fire Ins Exch$361
Farmers$375

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