Billings Homeowners Insurance

Your Complete Guide to Billings, MT, Homeowners Insurance

(When you're searching for the best coverage and agent)

Billings Montana homeowners insurance

Billings, MT, has been named multiple times as the best place to live and is the state's largest city. With affordable housing and a top-notch medical scene, Billings has it all. 

If you own a home in this growing city, then you're going to need protection. An independent insurance agent can help with coverage and pricing. Connect with a local agent and get better options. 

How Much Does Homeowners Insurance Cost in Billings, MT?

A variety of factors determines premiums. Your costs will be different from others because they are specific to you and your home. Take a look at the average home insurance pricing:

  • National average: $1,211
  • Montana average: $1,174

Your rates can be above or below the averages, depending on your criteria. Let's look at what the carrier's rating factors include:

  • The year, construction type, and square footage of your home
  • Severe weather in the area
  • The local crime rates 
  • Your claims history and insurance score
  • The coverages you select
  • Discounts that may apply

You have a lot of options when it comes to home insurance. Selecting the best one for you and your family can be daunting. Luckily, a Billings independent agent can help. They can do comparison shopping at once, so you don't have to. 

Will Your Billings Homeowners Policy Cover Burglaries?

The burglary rate in Billings, MT, is lower given the local population is 109,642. Burglaries can happen anywhere, and it's wise to know where your city stands. Take a look at burglaries per 100,000 households:

  • Number of burglaries per 100,000 homes in the US: 376
  • Number of burglaries per 100,000 homes in Montana: 306.6
  • Number of burglaries per 100,000 homes in Billings: 620.5

The good news is your home policy has coverage for theft and break-ins. When a traumatic experience occurs, the last thing you want to think about is if you have enough coverage. Speak with your local agent on your homeowners insurance

Do You Need Liability Insurance in Billings, MT?

Liability coverage is perhaps one of the most used insurances in the US. When it comes to your home policy, liability is automatically included. It will provide coverage to your household members for the following occurrences:

  • If a guest injures themselves on your property
  • If a household member is accused of slander 
  • If you cause damage to a person or property by accident while away from home
  • If your pet causes injury or damage to another person or property

Another liability coverage is umbrella insurance. An umbrella policy will provide additional liability, starting at $1,000,000 if your underlying home policy limits are exhausted. This happens with larger claims and death losses most often. 

Negligent and accidental occurrences are typically insured. If there is an intentional or malicious activity, your claim will be voided. Talk with your Billings independent agent to discuss your liability coverage. 

The Risks of Billings, MT, Homeownership

Billings, MT, has its own risk exposures due to catastrophe and severe weather. A natural disaster can wipe out your home and everything you hold dear in seconds. Home insurance should have coverage for all the what-ifs. 

Catastrophic events in Montana:

  • Number of federally declared catastrophes since 1953: 87
  • Most common disasters: Fire
  • Number of tornadoes: 10
  • Homeowners claims paid in 2016: 326,915,000

Whether you own a mobile home or a million-dollar mansion, catastrophe plays no favorites. Speak with your independent agent on how your home policy will protect your family from disaster. 

Flood Insurance in Billings, MT

Flooding can occur anywhere. Billings, MT, has floods as number two on the most frequent list. Your primary homeowners policy excludes coverage for flood damage. This means that if you're standing in water, you will pay out of pocket for the repair. According to FEMA, just one inch of pooling water in your home can result in over $25,000 of damage. 

How to get flood insurance in Montana:

#1   Get connected with a Billings, MT, independent agent.

#2   Have your agent pull what flood zone your property is located in.

#3   Obtain flood insurance from the best options your agent presents. 

Whether you're searching for flood, home, or auto insurance, an independent agent can help. They are your one-stop shop when it comes to your insurance needs. 

Why Work with an Independent Insurance Agent in Billings, MT?

When you work with an independent insurance agent, you have an adviser who works on your behalf. An agent is free and someone that can find you the best rates on coverage. 

You can get connected with a Billings independent agent on TrustedChoice.com. Get matched with a local agent in minutes. 

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