Best Homeowners Insurance in Montana
Best cheap homeowners insurance in Montana
Cheapest home insurance in Montana
If you’re looking for the cheapest homeowners insurance in Montana, start your search with Farmers. Farmers’ average rate is $1,660 per year, or $138 per month.
Chubb comes in second, with rates of around $152 per month. Nationwide isn’t too far behind at $216 per month, and it’s still cheaper than the state average of $256 per month.
| Company | Annual rate Average rates are based on a policy with $400,000 of dwelling coverage and $200,000 of personal property coverage. | Monthly rate | LendingTree score | |
|---|---|---|---|---|
 | Farmers | $1,660 | $138 |  |
 | Chubb | $1,820 | $152 |  |
 | Nationwide | $2,589 | $216 | |
 | USAA* | $2,843 | $237 | |
 | State Farm | $3,630 | $303 | |
 | Allstate | $4,265 | $355 | |
 | Travelers | $4,672 | $389 | |
*USAA is only available to active-duty and veteran military members and their families
Although we found that Farmers has the state’s lowest home insurance rates, another company may be the cheapest for you. That’s because insurers look at several aspects of your life when they come up with your rate. This includes where you live in a state, the deductible A deductible is the amount of money you pay out of your own pocket after you file a claim and before your insurance company pays the rest. you choose and your insurance history.
To find out which one will give you the best offer for your situation, compare home insurance quotes from a handful of companies before you buy or renew a policy.
Best home insurance companies in Montana
Farmers, Nationwide and Chubb are the best home insurance companies in Montana, based on our research.
Farmers has the cheapest home insurance quotes in Montana and also offers many discounts. Nationwide’s rate is a little higher, but it also has several discounts as well as many coverage options.
Chubb scores well with customers and is affordable, too, but its policies are tailored for high-value homes.
Montana’s best homeowners insurance companies
| Company | Best for | Annual rate Average rates are based on a policy with $400,000 of dwelling coverage and $200,000 of personal property coverage. | Customer satisfaction score Source: J.D. Power 2024 U.S. Home Insurance Study. Higher is better; 640 is average. | Complaint rating Source: National Association of Insurance Commissioners (NAIC) 2024 Complaint Index. Lower is better; 1.0 is average. |
|---|---|---|---|---|
| Farmers | Affordable rates | $1,660 | 609 | 0.91 |
| Nationwide | Coverage add-ons | $2,589 | 641 | 1.3 |
| Chubb | High-value homes | $1,820 | 688 | 0.08 |
Best rates: Farmers
Annual rate: $1,660
Pros
Cheapest average rate in the state
More discounts than competitors
Fewer customer complaints than some other companies
Cons
Poor customer satisfaction score from
J.D. Power
J.D. Power’s satisfaction scores are based on customer surveys rating companies on factors like price, coverage options and problem resolution.
Not many optional coverages
Not only does Farmers offer Montana’s cheapest homeowners insurance rates, but it also has a better selection of discounts than any other company we surveyed.
You might get a discount from Farmers if you:
- Bundle home and auto insurance or other policies
- Have devices like fire alarms or internal sprinklers in your home
- Haven’t filed a claim in a while
- Pay on time or sign up for a monthly payment plan
Best coverage options: Nationwide
Annual rate: $2,589
Pros
Low average rate
Several discounts that could make it cheaper
Many add-ons to customize your coverage
Cons
More customer complaints than other surveyed companies
Although Nationwide and Allstate offer a similar number of add-on coverages, Nationwide’s average rate is much lower than Allstate’s.
Nationwide also has a lot of home insurance discounts that could save you money. Not as many as Farmers, but more than most other companies.
Nationwide’s many add-ons cover things like:
- Roof replacement
- Equipment breakdown Repairs or replaces home appliances or equipment damaged by sudden and accidental mechanical or electrical breakdowns.
- Water backup Covers repair costs when water enters your house because of a sewer or drain backup, or a sump pump overflow.
- Identity theft
Best for high-end homes: Chubb
Annual rate: $1,820
Pros
Best
NAIC complaint rating
The NAIC rates companies on confirmed complaints by size. A confirmed complaint is one that leads to a finding of fault.
among surveyed companies
Better J.D Power customer satisfaction score than all but USAA
Rates are well below state average
Cons
Not many coverage options
Fewer discounts than most insurers
Montana homeowners with high-value homes should get a quote from Chubb as well as Farmers. Chubb specializes in covering homes that are worth a lot.
That’s probably one of the reasons customers rate Chubb so highly with both J.D. Power and the NAIC.
Average cost of homeowners insurance in Montana
The average cost of home insurance in Montana is $3,068 per year, or $256 per month.
One factor that plays into your home insurance rate is the amount of dwelling coverage Dwelling coverage pays to repair or rebuild the structure of your home if a fire, hail or other event damages or destroys it. you choose for your policy. The higher your policy’s dwelling coverage limit, the higher your rate will be as well.
In fact, we found that a home insurance policy with $450,000 of dwelling coverage costs about 18% more than one with $350,000 of coverage in Montana.
Average home insurance rate by dwelling limit
| Dwelling limit | Annual rate | Monthly rate |
|---|---|---|
| $350,000 | $2,774 | $231 |
| $400,000 | $3,068 | $256 |
| $450,000 | $3,395 | $283 |
Montana home insurance rates by city
The cost of homeowners insurance in Montana varies from city to city and town to town.
Eureka and Fortine pay the state’s cheapest home insurance rates, on average, at $1,916 per year, or $160 per month.
Sumatra residents pay Montana’s highest homeowners rates of around $5,744 per year, or $479 a month.
In the state’s biggest cities, the average cost of home insurance is:
- Billings, $3,707 per year
- Missoula, $2,050 per year
- Great Falls, $3,027 per year
- Bozeman, $1,999 per year
Home insurance rates near you
| City | Annual rate | Monthly rate |
|---|---|---|
| Absarokee | $2,862 | $238 |
| Acton | $3,935 | $328 |
| Alberton | $1,974 | $164 |
| Alder | $2,012 | $168 |
| Alzada | $4,645 | $387 |
| Anaconda-Deer Lodge County | $2,128 | $177 |
| Angela | $4,640 | $387 |
| Antelope | $3,664 | $305 |
| Arlee | $2,305 | $192 |
| Ashland | $4,102 | $342 |
| Augusta | $2,716 | $226 |
| Avon | $2,039 | $170 |
| Babb | $2,793 | $233 |
| Bainville | $3,862 | $322 |
| Baker | $4,780 | $398 |
| Ballantine | $3,970 | $331 |
| Basin | $2,522 | $210 |
| Bearcreek | $2,821 | $235 |
| Belfry | $2,991 | $249 |
| Belgrade | $1,963 | $164 |
| Belt | $3,480 | $290 |
| Biddle | $4,643 | $387 |
| Big Arm | $2,302 | $192 |
| Big Sandy | $3,036 | $253 |
| Big Sky | $2,179 | $182 |
| Big Timber | $2,652 | $221 |
| Bigfork | $2,172 | $181 |
| Bighorn | $4,405 | $367 |
| Billings | $3,707 | $309 |
| Birney | $4,223 | $352 |
| Black Eagle | $3,020 | $252 |
| Bloomfield | $4,228 | $352 |
| Bonner | $2,178 | $181 |
| Bonner-West Riverside | $2,005 | $167 |
| Boulder | $2,476 | $206 |
| Box Elder | $2,918 | $243 |
| Boyd | $3,209 | $267 |
| Boyes | $4,645 | $387 |
| Bozeman | $1,999 | $167 |
| Brady | $2,924 | $244 |
| Bridger | $3,046 | $254 |
| Broadus | $4,536 | $378 |
| Broadview | $4,095 | $341 |
| Brockton | $3,862 | $322 |
| Brockway | $4,852 | $404 |
| Browning | $2,663 | $222 |
| Brusett | $4,144 | $345 |
| Buffalo | $3,917 | $326 |
| Busby | $3,744 | $312 |
| Butte | $2,375 | $198 |
| Bynum | $2,805 | $234 |
| Cameron | $2,097 | $175 |
| Canyon Creek | $2,807 | $234 |
| Capitol | $4,645 | $387 |
| Cardwell | $2,461 | $205 |
| Carter | $3,103 | $259 |
| Cascade | $3,030 | $252 |
| Charlo | $2,385 | $199 |
| Chester | $3,191 | $266 |
| Chinook | $3,078 | $256 |
| Choteau | $2,821 | $235 |
| Circle | $4,184 | $349 |
| Clancy | $2,522 | $210 |
| Clinton | $2,161 | $180 |
| Clyde Park | $2,177 | $181 |
| Coffee Creek | $3,541 | $295 |
| Cohagen | $4,600 | $383 |
| Colstrip | $4,495 | $375 |
| Columbia Falls | $2,142 | $178 |
| Columbus | $2,882 | $240 |
| Condon | $2,179 | $182 |
| Conner | $2,714 | $226 |
| Conrad | $2,775 | $231 |
| Cooke City | $2,117 | $176 |
| Coram | $2,116 | $176 |
| Corvallis | $2,170 | $181 |
| Crane | $3,804 | $317 |
| Crow Agency | $3,812 | $318 |
| Culbertson | $4,006 | $334 |
| Custer | $4,121 | $343 |
| Cut Bank | $2,879 | $240 |
| Dagmar | $3,856 | $321 |
| Darby | $2,115 | $176 |
| Dayton | $2,292 | $191 |
| De Borgia | $4,106 | $342 |
| Decker | $3,743 | $312 |
| Deer Lodge | $2,037 | $170 |
| Dell | $2,115 | $176 |
| Denton | $3,604 | $300 |
| Dillon | $2,060 | $172 |
| Divide | $2,531 | $211 |
| Dixon | $2,170 | $181 |
| Dodson | $3,115 | $260 |
| Drummond | $2,145 | $179 |
| Dupuyer | $2,827 | $236 |
| Dutton | $3,112 | $259 |
| East Glacier Park | $2,733 | $228 |
| East Helena | $2,661 | $222 |
| East Missoula | $2,005 | $167 |
| Edgar | $3,286 | $274 |
| Ekalaka | $4,721 | $393 |
| Elliston | $2,024 | $169 |
| Elmo | $2,262 | $188 |
| Emigrant | $2,309 | $192 |
| Ennis | $2,012 | $168 |
| Essex | $2,236 | $186 |
| Ethridge | $4,596 | $383 |
| Eureka | $1,916 | $160 |
| Evaro | $2,068 | $172 |
| Evergreen | $2,070 | $172 |
| Fairfield | $2,945 | $245 |
| Fairview | $3,960 | $330 |
| Fallon | $4,981 | $415 |
| Fishtail | $2,870 | $239 |
| Flaxville | $3,771 | $314 |
| Florence | $2,193 | $183 |
| Floweree | $3,046 | $254 |
| Forest Grove | $3,683 | $307 |
| Forsyth | $4,299 | $358 |
| Fort Belknap Agency | $3,026 | $252 |
| Fort Benton | $3,113 | $259 |
| Fort Harrison | $2,785 | $232 |
| Fort Peck | $4,136 | $345 |
| Fort Shaw | $3,168 | $264 |
| Fort Smith | $3,709 | $309 |
| Fortine | $1,916 | $160 |
| Four Corners | $1,975 | $165 |
| Frazer | $4,021 | $335 |
| Frenchtown | $2,062 | $172 |
| Froid | $4,017 | $335 |
| Fromberg | $3,287 | $274 |
| Galata | $2,708 | $226 |
| Gallatin Gateway | $2,142 | $178 |
| Gardiner | $2,139 | $178 |
| Garrison | $2,065 | $172 |
| Garryowen | $3,743 | $312 |
| Geraldine | $3,385 | $282 |
| Geyser | $3,560 | $297 |
| Gildford | $3,200 | $267 |
| Glasgow | $4,023 | $335 |
| Glen | $4,100 | $342 |
| Glendive | $4,170 | $348 |
| Glentana | $5,298 | $442 |
| Gold Creek | $2,137 | $178 |
| Grantsdale | $4,093 | $341 |
| Grass Range | $3,690 | $308 |
| Great Falls | $3,027 | $252 |
| Greycliff | $3,233 | $269 |
| Hall | $2,113 | $176 |
| Hamilton | $2,116 | $176 |
| Hammond | $4,635 | $386 |
| Hardin | $4,126 | $344 |
| Harlem | $3,026 | $252 |
| Harlowton | $2,815 | $235 |
| Harrison | $2,133 | $178 |
| Hathaway | $4,680 | $390 |
| Haugan | $2,175 | $181 |
| Havre | $3,131 | $261 |
| Havre North | $3,130 | $261 |
| Hays | $3,012 | $251 |
| Heart Butte | $2,671 | $223 |
| Helena | $2,700 | $225 |
| Helena Flats | $2,069 | $172 |
| Helena Valley Northeast | $2,696 | $225 |
| Helena Valley Northwest | $2,776 | $231 |
| Helena Valley Southeast | $2,679 | $223 |
| Helena Valley West Central | $2,721 | $227 |
| Helena West Side | $2,698 | $225 |
| Helmville | $2,119 | $177 |
| Heron | $2,111 | $176 |
| Highwood | $3,467 | $289 |
| Hilger | $3,665 | $305 |
| Hingham | $3,314 | $276 |
| Hinsdale | $3,843 | $320 |
| Hobson | $3,938 | $328 |
| Hogeland | $3,379 | $282 |
| Homestead | $3,856 | $321 |
| Hot Springs | $1,970 | $164 |
| Hungry Horse | $2,096 | $175 |
| Huntley | $4,088 | $341 |
| Huson | $1,983 | $165 |
| Hysham | $4,267 | $356 |
| Ingomar | $4,613 | $384 |
| Inverness | $3,187 | $266 |
| Ismay | $5,049 | $421 |
| Jackson | $2,215 | $185 |
| Jefferson City | $2,537 | $211 |
| Joliet | $3,077 | $256 |
| Joplin | $3,128 | $261 |
| Jordan | $4,187 | $349 |
| Judith Gap | $3,511 | $293 |
| Kalispell | $2,071 | $173 |
| Kevin | $2,835 | $236 |
| Kila | $2,228 | $186 |
| Kinsey | $4,669 | $389 |
| Kremlin | $3,275 | $273 |
| Lake Mc Donald | $2,236 | $186 |
| Lakeside | $2,211 | $184 |
| Lambert | $3,804 | $317 |
| Lame Deer | $3,812 | $318 |
| Larslan | $3,959 | $330 |
| Laurel | $4,298 | $358 |
| Lavina | $3,512 | $293 |
| Ledger | $3,039 | $253 |
| Lewistown | $3,708 | $309 |
| Libby | $2,322 | $194 |
| Lima | $2,278 | $190 |
| Lincoln | $2,696 | $225 |
| Lindsay | $4,209 | $351 |
| Livingston | $2,093 | $174 |
| Lloyd | $3,004 | $250 |
| Lockwood | $3,689 | $307 |
| Lodge Grass | $3,709 | $309 |
| Lolo | $1,974 | $165 |
| Loma | $3,219 | $268 |
| Lonepine | $1,948 | $162 |
| Loring | $3,314 | $276 |
| Lothair | $3,644 | $304 |
| Malmstrom AFB | $2,890 | $241 |
| Malta | $3,712 | $309 |
| Manhattan | $2,051 | $171 |
| Marion | $2,517 | $210 |
| Martin City | $2,495 | $208 |
| Martinsdale | $2,732 | $228 |
| Marysville | $2,784 | $232 |
| Mc Allister | $2,110 | $176 |
| Mc Leod | $3,136 | $261 |
| Medicine Lake | $3,999 | $333 |
| Melrose | $2,508 | $209 |
| Melstone | $3,185 | $265 |
| Melville | $2,865 | $239 |
| Mildred | $4,886 | $407 |
| Miles City | $4,547 | $379 |
| Milltown | $2,032 | $169 |
| Missoula | $2,050 | $171 |
| Moccasin | $3,834 | $319 |
| Molt | $3,707 | $309 |
| Monarch | $2,864 | $239 |
| Montana City | $2,542 | $212 |
| Moore | $3,926 | $327 |
| Mosby | $4,074 | $339 |
| Musselshell | $3,185 | $265 |
| Nashua | $3,982 | $332 |
| Neihart | $2,864 | $239 |
| Niarada | $2,199 | $183 |
| Norris | $2,110 | $176 |
| North Browning | $2,663 | $222 |
| Noxon | $2,035 | $170 |
| Nye | $3,163 | $264 |
| Oilmont | $2,746 | $229 |
| Olive | $4,643 | $387 |
| Olney | $2,491 | $208 |
| Opheim | $3,711 | $309 |
| Orchard Homes | $2,134 | $178 |
| Otter | $4,643 | $387 |
| Outlook | $3,579 | $298 |
| Ovando | $2,176 | $181 |
| Pablo | $2,261 | $188 |
| Paradise | $4,079 | $340 |
| Park City | $3,321 | $277 |
| Peerless | $3,771 | $314 |
| Pendroy | $2,848 | $237 |
| Philipsburg | $2,094 | $174 |
| Pinesdale | $2,117 | $176 |
| Plains | $2,023 | $169 |
| Plentywood | $3,893 | $324 |
| Plevna | $4,794 | $400 |
| Polaris | $2,238 | $187 |
| Polebridge | $2,518 | $210 |
| Polson | $2,241 | $187 |
| Pompeys Pillar | $3,768 | $314 |
| Pony | $2,167 | $181 |
| Poplar | $4,007 | $334 |
| Powderville | $4,643 | $387 |
| Power | $3,172 | $264 |
| Pray | $2,190 | $183 |
| Proctor | $2,480 | $207 |
| Pryor | $3,887 | $324 |
| Radersburg | $2,502 | $208 |
| Ramsay | $2,216 | $185 |
| Rapelje | $3,326 | $277 |
| Ravalli | $4,318 | $360 |
| Raymond | $3,771 | $314 |
| Raynesford | $3,547 | $296 |
| Red Lodge | $2,677 | $223 |
| Redstone | $3,579 | $298 |
| Reed Point | $3,304 | $275 |
| Reserve | $3,856 | $321 |
| Rexford | $2,248 | $187 |
| Richey | $4,168 | $347 |
| Richland | $3,737 | $311 |
| Ringling | $2,812 | $234 |
| Riverbend | $2,014 | $168 |
| Roberts | $3,126 | $261 |
| Rocky Boy's Agency | $2,918 | $243 |
| Rocky Point | $2,241 | $187 |
| Rollins | $2,461 | $205 |
| Ronan | $2,258 | $188 |
| Roscoe | $3,093 | $258 |
| Rosebud | $4,680 | $390 |
| Roundup | $3,135 | $261 |
| Roy | $3,649 | $304 |
| Rudyard | $3,254 | $271 |
| Ryegate | $3,188 | $266 |
| Saco | $3,989 | $332 |
| Saltese | $2,179 | $182 |
| Sand Coulee | $3,498 | $291 |
| Sand Springs | $4,074 | $339 |
| Sanders | $4,239 | $353 |
| Sangrey | $2,919 | $243 |
| Savage | $3,960 | $330 |
| Scobey | $3,692 | $308 |
| Seeley Lake | $2,143 | $179 |
| Shawmut | $3,122 | $260 |
| Shelby | $3,436 | $286 |
| Shepherd | $4,053 | $338 |
| Sheridan | $2,010 | $168 |
| Sidney | $3,953 | $329 |
| Silver Gate | $2,552 | $213 |
| Silver Star | $2,126 | $177 |
| Simms | $3,020 | $252 |
| Somers | $2,356 | $196 |
| South Browning | $2,663 | $222 |
| Springdale | $4,112 | $343 |
| St. Ignatius | $2,304 | $192 |
| St. Marie | $3,960 | $330 |
| St. Regis | $2,062 | $172 |
| St. Xavier | $4,044 | $337 |
| Stanford | $3,778 | $315 |
| Stevensville | $2,529 | $211 |
| Stockett | $3,476 | $290 |
| Stryker | $2,112 | $176 |
| Sula | $2,243 | $187 |
| Sumatra | $5,744 | $479 |
| Sun Prairie | $3,088 | $257 |
| Sun River | $3,265 | $272 |
| Sunburst | $2,740 | $228 |
| Superior | $2,017 | $168 |
| Sweet Grass | $2,708 | $226 |
| Teigen | $3,565 | $297 |
| Terry | $4,869 | $406 |
| Thompson Falls | $2,070 | $172 |
| Three Forks | $2,163 | $180 |
| Toston | $2,594 | $216 |
| Townsend | $2,723 | $227 |
| Trego | $2,285 | $190 |
| Trout Creek | $2,089 | $174 |
| Troy | $2,055 | $171 |
| Turner | $3,377 | $281 |
| Twin Bridges | $2,066 | $172 |
| Two Dot | $3,017 | $251 |
| Ulm | $3,252 | $271 |
| Valier | $2,746 | $229 |
| Vandalia | $5,350 | $446 |
| Vaughn | $3,173 | $264 |
| Victor | $2,085 | $174 |
| Vida | $4,150 | $346 |
| Virginia City | $1,997 | $166 |
| Volborg | $4,779 | $398 |
| Walkerville | $2,261 | $188 |
| West Glacier | $2,157 | $180 |
| West Glendive | $4,170 | $348 |
| West Yellowstone | $2,155 | $180 |
| Westby | $4,005 | $334 |
| White Haven | $2,322 | $193 |
| White Sulphur Springs | $2,735 | $228 |
| Whitefish | $2,118 | $177 |
| Whitehall | $2,566 | $214 |
| Whitetail | $3,771 | $314 |
| Whitewater | $3,314 | $276 |
| Whitlash | $2,824 | $235 |
| Wibaux | $4,328 | $361 |
| Willard | $4,794 | $400 |
| Willow Creek | $4,170 | $348 |
| Wilsall | $2,290 | $191 |
| Winifred | $3,655 | $305 |
| Winnett | $3,377 | $281 |
| Winston | $2,594 | $216 |
| Wisdom | $2,136 | $178 |
| Wise River | $2,201 | $183 |
| Wolf Creek | $2,780 | $232 |
| Wolf Point | $4,119 | $343 |
| Worden | $4,285 | $357 |
| Wyola | $3,743 | $312 |
| Zortman | $3,194 | $266 |
| Zurich | $3,016 | $251 |
Other home insurance coverage needed in Montana
Depending on where you live in the state, you could face many severe weather and natural disaster threats as a Montana homeowner.
A standard home insurance policy can protect you from some of these perils, but it may not protect you from all of them.
Flooding, earthquakes and wildfires are all facts of life in various parts of Montana. You might need specific insurance coverage to protect you from damage caused by them.
Earthquake insurance
Standard home insurance usually doesn’t cover damage caused by an earthquake. If you live in a part of Montana that’s prone to earthquakes, though, you should be able to buy earthquake coverage.
You may have to buy a separate earthquake insurance policy or pay for an endorsement you add to an existing home insurance policy.
Either option comes at an added cost, but it could be worth it if the earthquake risk is high where you live.
Flood insurance
Regular home insurance policies also don’t cover flood damage. You can buy flood coverage from insurance companies that are part of the National Flood Insurance Program (NFIP) or from private flood insurance companies.
The average cost of flood insurance in Montana is $877 per year, or $73 per month, when bought through the NFIP. You’ll usually pay more for flood insurance if you live in an area that floods regularly.
Wildfire insurance
Your homeowners insurance policy is more likely to cover damage caused by wildfire than it is to cover damage from earthquakes or flooding.
If you live in an area where wildfires are common, though, your policy may not cover this kind of damage. Or, if it does, your premium Your premium is the amount of money you pay regularly, usually monthly or yearly, to an insurance company for a policy. might be higher, or you may need to pay a separate deductible for wildfire claims.
Frequently asked questions
Farmers has the cheapest home insurance in Montana, with rates that are around $1,660 per year. This is nearly half as cheap as the state average of $3,068 per year.
A great way to get cheap home insurance is to shop around and compare quotes from a few different companies before you renew or buy a policy.
Another way to make your home insurance cost lower is to raise your deductible. Just make sure you can afford to pay your deductible amount if you ever need to file a claim.