Best Home Insurance in Montana (2023)

Compare personalized Home insurance rates in Montana

Home Insurance in Montana

It’s always important to take steps to protect your home, which is why you need homeowners insurance in Montana. Luckily, it may be possible to easily meet Montana homeowners insurance requirements and find cheap homeowners insurance policies. To do so, consider these tips and resources to help you to make the best decision for your property.

Home Insurance Companies in Montana

When you need coverage, using the top rated homeowners insurance companies in Montana is essential. Yet, it’s important to compare options in insurers and plans. The homeowners insurance agencies in Montana can help you. The best home insurance companies in Montana will help you find coverage that fits your home. If you work with independent home insurance agents in Montana, they can help you compare policies across multiple insurers.

How to Get the Best Rates for Home Insurance in Montana

To get the best rates, you need to know all of the options available to you. To get started, search by entering your zip code below. You’ll find a variety of options exist you may not have known about before now.


<zipcode>Find The Cheapest Home Insurance In Your Area:</zipcode>


How Much Does Homeowners Insurance Cost in Montana?

When you need the cheapest home insurance in Montana, consider just how affordable policies here are. The average annual premium in Montana is $1,081. By comparison, the average price in the U.S. is $1,173. To find out how affordable it can be for your property, get home insurance quotes in Montana from multiple companies.


<twitter>The average annual premium in Montana is $1,081. By comparison, the average price in the U.S. is $1,173.</twitter>


List of Homeowners Insurance Companies in Montana

Because insurance prices differ based on local neighborhoods and individual property features, it’s essential to compare a number of options from various carriers. To get a list of the options in your state, simply enter your zip code on this page.

How Homeowners Insurance Is Calculated in Montana

Insurance companies use a great deal of information to determine just how much of a risk your property is. Among the things they consider is just how safe the area is. These factors matter.


<qa>1;Crime;Areas with high crime rates require a higher amount of insurance coverage. The crime rate in Montana is 3.77 for violent crime. That’s below the national average of 4. In property crime, the crime rate in Montana is 25.92, which is slightly above the national rate of 24.</qa>

<qa>2;Weather/Climate;The weather in Montana can impact insurance costs. In this state, climate risks include extreme heat, drought, and wildfires. From a home insurance standpoint, fires can be a risk factor requiring a bit more insurance protection.</qa>

<qa>3;Home Values;Higher valued homes tend to require more coverage, too. In Montana, the median home value is $238,100. That’s grown about 8 percent over the last year, as of March of 2019.</qa>

Home Insurance Requirements in Montana

Knowing as much as you can about insurance needs is important. Here are some of the most common questions about home insurance requirements in Montana.

Is Homeowners Insurance Required in Montana?

Montana is not a state that requires property owners to maintain any type of insurance on their home. However, nationally, most mortgage lenders require full coverage on homes to protect it from risks such as fire, vandalism, and theft.

What Does Home Insurance Cover?

Insurance coverage in Montana typically covers the structure, along with any onsite buildings such as garages, and the contents of the home. Policies also include liability insurance, which can help to minimize risks if the property owner is held responsible for someone else’s loss.

Homeowners Insurance for New Properties in Montana

Many areas of Montana are seeing home values rise. And, the area has seen a lot of new development. New homes typically are more expensive to insure because of their high values, but all homeowners typically need coverage.

Homeowners Insurance for Old Properties in Montana

Customized insurance policies designed to meet the needs of older properties in Montana are available. Insurers can work with you to find affordable insurance for the specific features of your home.

Renters Insurance in Montana

Property owners who rent their homes and apartments are not required to maintain insurance for tenant personal belongings. For this reason, most renters should invest in renter’s insurance. It covers your property if lost due to a fire, storm damage, or other risks. It also helps provide liability insurance for you.


Without renter’s insurance, renters are left without protection. Remember, your property owner doesn’t protect your home.


<zipcode>Compare Renters Insurance in Montana</zipcode>


Compare Home Insurance in by City

To find the cheapest home insurance in Montana, be sure to consider your city’s specific features and risks. Compare home insurance quotes in your community to get the best pricing. As a smaller state, Montana doesn’t have a large number of big cities. Compare these, the largest.


<qa>1;Home Insurance Quotes in Billings, Montana;Billings is the largest if the communities in Montana. It’s home to 109,642 people. The median home value here is $236,900.</qa>

<qa>2;Home Insurance Quotes in Missoula, Montana;Missoula is home to 73,340 people and remains one of the fastest growing communities in the state. In the city, home values are growing faster as well. The median home value here is $304,200.</qa>

<qa>3;Home Insurance Quotes in Great Falls, Montana;The next largest city is Great Falls. About 58,876 people live here, though this city is also growing. The median home value in this town is $204,100.</qa>

<qa>4;Home Insurance Quotes in Bozeman, Montana;Bozeman is another up and coming area. It’s home to 46,596 people. Bozeman’s median home value stands at $436,800, significantly higher than most areas. This is due, in part, to new development.</qa>


Bonus: Most Expensive Homes in Montana

The cost of home insurance may seem expensive for your home. Consider the cost at the most expensive homes in the city:


  • Shelter Island Estate, located in Rollins, is the most valuable property at $29 million.
  • The home at 365 Delrey Road, which is on a 21-acre property, is valued at $26.7 million.
  • The third most valuable property spans 1,013 acres of land and is home to a 5,400-square foot home. This home’s value is $22.5 million.