Car insurance is a necessary expense for drivers in Montana, with the average cost of full-coverage insurance coming in at around $2,368 per year. Finding the most affordable car insurance company can save drivers hundreds of dollars each year. According to research conducted by the MarketWatch Guides team, Nationwide is the most affordable car insurance company for most Montana drivers, offering full-coverage rates of around $110 per month or $1,318 per year.
For teen drivers in Montana, Nationwide and Geico offer the cheapest coverage options. Drivers with a recent speeding ticket or accident can find affordable quotes from Nationwide or State Farm. It’s important to note that rates can vary based on factors such as age, driving history, credit score, and location.
When it comes to coverage types, minimum liability insurance is required by law in Montana, with coverage limits of $25,000 per person and $50,000 per accident for bodily injury, and $20,000 per accident for property damage. However, it’s recommended for drivers to consider full-coverage auto insurance for better protection.
In terms of additional coverage types, collision and comprehensive coverage can provide added protection for drivers. Bundling home insurance policies with auto coverage can also lead to discounts. Car insurance discounts are available for multi-policy, multi-vehicle, safe driver, student, defensive driving, and more.
To get the best rates on car insurance in Montana, it’s important to compare quotes from multiple providers. Factors such as location, age, driving history, credit score, and vehicle type can all impact insurance rates. By understanding the requirements and factors that affect car insurance rates in Montana, drivers can make informed decisions when selecting an insurance provider.