Popular Questions about Homeowners Insurance in Montana
The average premium for Montana homeowners insurance is $1,174 per year, which is a little lower than the national average of $1,211 annually. For exact pricing on your home insurance, get quotes through a trusted adviser for free.
Since each carrier is different and offers multiple coverage options, you'll need custom quotes to know which market is best for you. The following discounts can help keep your home insurance rates low:
- Multiple policy discount
- Central station alarm discount
- New roof discount
- Home updates discount
- Fire station proximity discount
Homeowners insurance comes with standard coverage options that are tailored to your individual needs. In Montana, your home policy will have limits for dwelling value, other structures, personal property, liability, medical payments, and additional living expenses. All of these coverages will protect against fire, theft, vandalism, and natural disasters.
Your home insurance rates are determined using various risk factors that are both personal and local. Carriers look at the following items when calculating your Montana homeowners insurance:
- Dwelling value
- Past claims reported
- Local natural disasters
- Local crime rates
In Montana, homeowners insurance is not mandatory by law, but it's necessary for proper protection. If you have a mortgage or lender on your property, they will require you to carry home insurance to obtain a loan. With Montana having $3.27 million paid in home insurance claims in one year alone, the right coverage is needed to avoid financial ruin.
The best is relative when it comes to finding a carrier for your home policy. Some of the most highly rated insurance companies in Montana are Progressive, Travelers, Safeco, and Stillwater. They are known for their broad coverage selection and fast claims service. To find a market that suits your needs, you'll have to obtain custom quotes.
Do You Know What Your Montana Home Insurance Covers?
Find the Best Homeowners Insurance in Your City
How does your city measure up to the national average?Call
National average burglary rate 3.76 per 1,000 people
National average home value $269,000
National average home insurance cost $1,211 year
| City | Avg. home value | Burglaries / 1,000 Residents | Annual insurance cost |
| Anaconda | $174,906 | 4.27 | $866 |
| Belgrade | $265,834 | 1.26 | $1,180 |
| Billings | $279,092 | 6.21 | $1,218 |
| Bozeman | $354,843 | 1.04 | $1,326 |
| Butte-Silver Bow | $202,017 | 7.14 | $975 |
| Evergreen | $130,355 | 1.45 | $876 |
| Great Falls | $225,898 | 4.80 | $891 |
| Havre | $177,892 | 3.16 | $940 |
| Helena | $248,180 | 5.77 | $1,157 |
| Kalispell | $222,670 | 2.66 | $1,018 |
| Laurel | $259,100 | 1.76 | $887 |
| Livingston | $209,087 | 1.97 | $902 |
| Miles City | $143,900 | 1.77 | $778 |
| Missoula | $376,357 | 5.10 | $1,291 |
| Whitefish | $479,720 | 2.05 | $1,190 |
- $159
- Billings, MT Monthly average home insurance cost
- The average monthly cost of home insurance in Billings is $159.
- Your quoted cost for homeowners insurance is completely customized according to details about you, your neighborhood, and your house. Therefore, your monthly premiums may be higher or lower than this average rate. Insurance companies consider your home’s size, value, location, and other factors to determine your monthly rate.
- Billings has a very high crime rate when compared with the rest of the state and the nation overall. Residents of this city report about 600 burglaries every year. Fortunately, your Billings homeowners insurance can cover against property loss and damage to your home if you are the victim of a burglary. If you have a burglar alarm installed in your home, you may even qualify for a discount on your home insurance premiums.
- $131
- Missoula, MT Monthly average home insurance cost
- The average monthly cost of home insurance in Missoula is $131.
- Homeowners insurance rates in can vary significantly from one homeowner to the next. Your actual rate will be based on factors like the size, value, and location of your home, the age of your roof, the materials used in your home’s construction, and sometimes even your credit score.
- One of the most devastating things that a homeowner can experience is a residential fire. In addition to severely damaging your house, a fire can lead to a total loss of your personal belongings, including furniture, electronics, clothing, and precious items. Homeowners insurance cannot bring back your irreplaceable items, but it can give you peace of mind in knowing you can afford to rebuild and replace as necessary.
- $132
- Great Falls, MT Monthly average home insurance cost
- The average monthly cost of home insurance in Great Falls is $132.
- Of course, what you will actually be expected to pay may differ from this average amount depending on the specific risks associated with your home and property. Your rate will be calculated according to factors like the size of your home, the crime rate and weather risks in your ZIP code, your claims history, and more.
- Residents of Great Falls are no stranger to flood damage. Those with property near the banks of the Missouri River are not the only ones at risk. When winter snows melt or heavy prolonged rains fall, drainage systems can become overwhelmed and flash flooding can occur just about anywhere in this city. Unfortunately, this expensive hazard is not covered by homeowners insurance. For that, you will need a supplemental flood insurance policy. Flood insurance takes 30 days to go into effect, so do not wait until heavy rains are imminent to purchase your coverage.
- $118
- Bozeman, MT Monthly average home insurance cost
- The average monthly cost of home insurance in Bozeman is $118.
- There are a number of large, high-value homes in Bozeman. These multimillion dollar mansions can cost more than $1,000 a month to insure. The average property in this city, however, is more affordable to cover. Your monthly rate is based on the size and value of your home, the building materials used in your home’s construction, your claims history, and more.
- Hailstorms can be a problem in Bozeman. Large hailstones can occur without warning, causing significant damage to your roof, gutters, siding, windows, and outdoor structures like sheds and carports. The largest hailstones on record in the Bozeman area were baseball-size stones in June 2010. Fortunately, when you have a solid Great Falls homeowners insurance policy, you can rest assured that your hail-damaged home can be returned to normal without your needing to face a large personal expense.
- $160
- Butte-Silver Bow, MT Monthly average home insurance cost
- The average monthly cost of home insurance in Butte-Silver Bow is $160.
- Your house is probably not the same as your neighbor’s. While everyone in your neighborhood faces the same crime and weather risks, there are many more variables in play when it comes to calculating home insurance rates, such as the size and value of your home, the age of your roof, your claims history, and the size of your deductible. Your monthly rate for Butte-Silver Bow homeowners insurance may therefore be higher or lower than this average.
- The Continental Fault line runs just east of Butte. Because of this, residents of Butte-Silver Bow have a 79% greater risk of experiencing earthquake damage. In 2005, a 5.7 magnitude quake was centered just 39 miles away from this city. Earthquakes can cause significant damage to homes and personal property, but they are not covered by homeowners insurance. For that, you will need to supplement your coverage with an earthquake insurance policy.