Find an Independent Agent
Find an Insurance Company
What type of insurance do you need?
On average, American homeowners pay $1,211 a year for their home insurance coverage. However, in Montana, the average annual cost is a bit lower at $1,174. Shopping around for the best rate can save you a significant amount of money every year.
Even though home insurance costs in this state may seem like a lot of money, having this coverage is vitally important because hazards like storms, hail, fire, and burglary can lead to expensive losses for Montana homeowners who are not insured.
Your home insurance gives you a backup plan in the event of a disaster. Whether you’re facing loss or damage due to a fire, a hailstorm, high winds, or a rash of burglaries, you can rest assured that you are covered when you have a suitable Montana homeowners insurance policy behind you.
Here are some of the things your home insurance policy can do to protect you:
We can’t be 100% certain, but last year alone, insurance companies paid out more than $326 million in home insurance claims just in the state of Montana. That's a lot of unfortunate events happening in the Treasure State!
Insurance companies calculate home insurance costs based on the value of your property and the likelihood that something bad will happen to it. The more likely it is that a harmful event can damage your house and belongings, the more expensive your home insurance policy will be.
These potential disasters are called "risks” or “exposures.” Let’s take a look at how risky Montana is compared to the rest of the country.
The good news is that the burglary rate in Montana is lower than the national average. This can help to keep insurance rates affordable.
Be sure to protect your property by keeping doors and windows securely locked, keeping entryways well-lit and unobstructed from view, and installing a home security system. Taking extra steps to safeguard your house can often result in reduced prices on your homeowners insurance.
Damaging weather events, such as severe storms and heavy winds, can wreak havoc on residential properties in this state. Be sure that your home insurance provides all the coverage you need to fully rebuild and replace your property before disaster strikes.
It is important to be aware that flood damage is not covered by homeowners insurance. A local independent agent can help you review your flood risk and can secure you an affordable flood insurance policy through the National Flood Insurance Program (NIFP), if needed.
Likewise, depending on where your home is located, you may be required to purchase a supplementary federal wildfire insurance policy as well. Local independent insurance agents are aware of the risks you face in your neighborhood and can offer the advice you need to keep your property properly covered.
The estimated cost to rebuild your home will play a large role in how much your home insurance costs. In Montana, the average home value is higher than the national average.
The larger and more valuable your home and property, the more your homeowners insurance policy will cost. Work with a local independent agent to start comparing rates so you can find the policy that offers the best value.
When it comes to homeowners insurance, there is no insurance company that can be considered “best” for everyone. While you may find that one particular company offers the best value for you, a neighbor down the street may find the best price and coverage with another company.
That is why independent agents compare offerings and rates from multiple insurance providers when they are looking for the policy that is best able to meet your coverage and budgetary needs.
Yes! There are currently 93 independent insurance agents in Montana who are ready to help.
Did you know that these local insurance agents can work with several different insurance providers to find you the best rate for coverage? That way, you can buy a policy that meets all your coverage needs at a price you can afford. Talk to an experienced insurance agent near you to learn more.
National average burglary rate 4.69 per 1,000 homes
National average home value $188,900
National average home insurance cost $1,173 year
|City||Avg. home value||Burglaries / 1,000 homes||Annual insurance cost|