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The Best Homeowners Insurance in Montana [2023]

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Find a top-ranked Homeowners Insurance Agency in your area

They call Montana “Big Sky Country” for good reason. With more mountain peaks than tall buildings, the state offers its one million residents abundant natural beauty. 

At Expertise.com, we can’t confirm if the sky is actually bigger, but we can confirm that homeowners insurance rates in Montana are slightly bigger than the national average. If you own a home or are thinking of buying in Montana, it’s important to compare quotes to find the coverage that works best for you. 

To help you with your search, we analyzed a handful of insurance companies. We’ll uncover everything to know about homeowners insurance in Montana, and help you find the most comprehensive, cheapest coverage to suit your needs.

Average Cost of Homeowners Insurance in Montana

The average cost of homeowners insurance in Montana is $2,809 per year according to Insurance.com, which falls slightly above the national average of $2,777.

However, home insurance premiums in Montana can differ vastly based on a few key factors:

  • The age of your home: Is your Montana home older and more at risk of structural wear and tear?

  • The square footage of your home: How big is your home? In general, bigger homes cost more to insure.

  • The materials used to build your home: Was your home built using materials susceptible to rotting or structural damage?

  • Building costs in your area: Insurance deals with repairs and replacement, so coverage increases with higher building costs.

  • The location in which you live: What are crime rates like? How close are you to a fire department? Do you live in a flood zone?

  • Any additional features: Does your house have a swimming pool or hot tub? Do you have pets? If yes, what are their breeds? Insurers may consider things like these as potential risks when assessing your quote.

  • Your deductible: A higher deductible will lower your premium, but could cost you more if you file a claim. Talk with your insurance provider about paying a deductible that suits your budget.

Montana Homeowners Insurance Rates by City

Montana is the 4th largest state by territory with diverse terrain. With just 6 people per square mile, the average cost of your homeowners insurance policy will vary depending on where you live in the state.

Below is a breakdown of the average annual rate by city:

City

Average Annual Rate

Billings

Bozeman

Butte

Great Falls

Havre

Helena

Kalispell

Missoula

The Best Homeowners Insurance in Montana

After extensive research, we at Expertise.com found the following insurance agencies to provide the best, comprehensive coverage in Montana:

USAA logo

USAA


Average Annual Rate: ~ $2,663

Notes: Exceptional customer satisfaction for active-duty and retired military members and their families

State Farm logo

State Farm


Average Annual Rate: ~ $3,891

Notes: Good customer service and user-friendly online tools, but fewer discount options

Allstate logo

Allstate


Average Annual Rate: ~ $3,729

Notes: More expensive coverage but offer unique add-ons, including green improvement reimbursement

Farmers logo

Farmers


Average Annual Rate: ~ $2,466

Notes: Most affordable option in MT with good discounts and add-ons, but below average customer satisfaction

Chubb logo

Chubb


Average Annual Rate: ~ $2,220

Notes: Customer-friendly rates and discount options in MT, but fewer add-ins 

Cheapest Homeowners Insurance in

Farmers is the cheapest homeowners insurance coverage in Montana for a policy with $300,000 in dwelling and liability coverage, with a $1,000 deductible. 

However, quotes will vary depending on each person’s unique scenario. If cost is your most important factor, check Farmers’ coverage options in Montana first.

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Find Cheap Homeowners Insurance in Your Area

FAQs

Below, we tackle some common questions to help you make a more informed decision about which homeowners insurance to choose in Montana specifically. 


How to Reduce Homeowners Insurance Costs in Montana

The price you pay for Montana home insurance varies substantially across insurers and your living situation. 

Here are a few easy ways to reduce costs:

  • Increase your deductible. Higher deductibles lower the monthly payments to your insurer, but you’ll pay more out-of-pocket when making a claim. Similarly, paying your 6-month or 1-year premium in full will lower monthly costs.

  • Bundle policies. Bundling your home and auto insurance can help you save 10–20% on your premiums in Montana. Ask your insurance provider about which bundling options can help you save the most.

  • Make your home disaster-resistant. Some examples include:

  • Upgrade your smoke detector and/or fire alarm.

  • Get a burglar alarm and/or dead-bolt locks.

  • Install a sprinkler system.

  • Install impact-resistant windows and/or roofing. 

  • Upgrade your plumbing and/or electrical wiring.

  • Get rid of high-risk accessories. Look around your home for any unnecessary “high-risk” items. For example, when the kids go off to college, it’s a good time to throw out that trampoline in the backyard.

  • Seek out other discounts. Some things to look into:

    • Do you work from home? Insurance providers may feel you’re less prone to burglary or may spot a fire or flood sooner.

    • Are you retired? You may qualify for a discount. 

    • Does your employer offer a group deal?

    • Switching to paperless billing can help you save.

    • Are you a military veteran? You may be eligible for a discount.

    • Some insurers offer loyalty discounts if you renew your policy with them.

    • Another reason to quit smoking? You may qualify for a smoke-free discount.

  • Keep good credit. Some insurance agencies may look at your credit history and charge less if you show good financial strength and standing.

As always, consult your insurance agent to see which of the above discounts you qualify for.

Montana Insurance Options In Your City

At Expertise.com, our goal is to connect Montana residents with the best local experts and agencies, so you can find the home insurance policy that safely insures your home and most prized possessions. 

View our list of the 14 best homeowners insurance agencies here

Learn more about the best homeowners insurance options in your respective Montana cities below:

Our methodology evaluates each provider based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.