In Montana, you need $25,000 in bodily injury coverage per person ($50,000 per accident). Bodily injury liability insurance pays for other people’s injuries after a car accident that you cause, and it can also cover your legal fees if you are sued after a crash.
In addition to bodily injury liability insurance, drivers in Montana need to purchase $20,000 in property damage liability insurance. Property damage liability coverage pays for damage to others’ property after an accident caused by the policyholder.
Together, these Montana liability insurance requirements are often written as 25/50/20. Even though Montana only requires 25/50/20 in liability insurance, it’s a good idea to purchase more coverage if you can afford it. Buying higher coverage limits can protect you financially if you cause a serious accident.
Montana is an at-fault state, which means that the at-fault driver is responsible for paying for everyone injured in the accident. There are no restrictions on the right to sue after an accident in at-fault states, even if the insured buys personal injury protection (PIP).
On average, state minimum coverage costs $395 per year in Montana, but there are many factors that can affect how much you pay for a policy. Any coverage above and beyond what is required by Montana law is optional, but it’s usually worth the money to get some additional protection. The biggest reason is that state minimum coverage doesn’t protect your personal vehicle. For insurance to pay for damage to your car, you’ll need full coverage.
In Montana, full coverage refers to a policy that includes collision and comprehensive, plus higher coverage limits than what is required by state law. Full coverage car insurance costs about $1,462 per year in Montana. There may be cases when you don’t need full coverage insurance, but Montana drivers should buy as much coverage as they can afford as a general rule.
Most policies offer coverage for six months to one year at a time and can be paid in a variety of ways, including monthly payments. The best car insurance companies in Montana balance affordability with quality coverage and strong customer service. You can easily get a quote from top companies like American Family, State Farm, Farmers, PEMCO and The Hartford online or over the phone, or use WalletHub’s comparison tools to find the best car insurance policy for your needs.
Car insurance in Montana costs $37 per month, on average, or $446 per year. The average cost of car insurance in Montana is 38% lower than the national average auto insurance premium, and Montana ranks 11 out of 50 for the most affordable car insurance rates in the U.S.
There are several factors that affect how much you’ll pay for car insurance in Montana, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from. On average, the cheapest insurance companies in Montana are Safeco, USAA, and Geico. But every insurer has their own way of calculating premiums, so it’s a good idea to get quotes from at least three different companies to make sure you find the best deal.
Finally, it’s worth noting that car insurance premiums in Montana are high, compared to the cost of coverage in neighboring states like North Dakota and Idaho. You can find more details in the table below.
Cost of Car Insurance in Montana vs. Neighboring States
No, uninsured motorist coverage is not required in Montana, as drivers can reject the coverage in writing. Still, insurance companies are required to offer at least $25,000 in uninsured motorist bodily injury coverage per person (up to $50,000 per accident).
For Montana drivers who do not opt out by rejecting the coverage in writing, uninsured/underinsured motorist coverage helps pay for a car accident in which the other driver doesn’t have car insurance, or doesn’t have enough coverage for the damage they caused.… read full answer
Why You Should Get Uninsured Motorist Coverage in Montana
Normally, an at-fault driver’s insurance helps pay for any damage after an accident. However, if the other driver doesn’t have any – or enough – coverage, it can be time-consuming and difficult to sue them for funds to cover any medical or repair bills. That’s where this optional insurance coverage can help you save time and money.
Even though Montana does not require uninsured and underinsured motorist coverage, you should still consider buying it. In Montana, an average of 10% of drivers on the road don’t have car insurance, which means there is a 1 in 10 chance that the other driver won’t have coverage if you get into an accident. Car accidents in Montana can be very expensive, too.
Key Facts About Uninsured Motorist Coverage in Montana:
Minimum Uninsured Motorist Bodily Injury: $25,000 per person and up to $50,000 per accident
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