Best Montana Homeowners Insurance for 2026
Farmers has Montana’s best home insurance overall, but consider American Modern for high-risk homes
- Farmers is the best homeowners insurance in Montana thanks to its affordable coverage and great discount options.
- The average home insurance cost in Montana is $3,021.
- An influx of new residents has raised property values (and thus replacement costs), and climate risks like wildfires have contributed to higher rates in recent years.
Best homeowner’s insurance in Montana
When evaluating the best homeowner’s insurance in Montana, we accounted for multiple factors, including rates, coverage, complaint indexes and flexibility for high-risk homes.
Farmers came out best overall because it has the cheapest average rates in the state, along with great discount opportunities that can help you save even more.
State Farm offers the best coverage options with affordable rates, while American Modern is the best choice for Montana homeowners who are finding it difficult to get their home covered by other companies.
Best overall: Farmers
Average annual rate: $1,511
Why we chose it: Although Farmers tends to be more expensive in some states, it has some of the cheapest rates in Montana. It also offers great discounts, including competitive home and auto bundles.
Who it’s best for: Homeowners looking for a competitive price and solid coverage.
PROS
- Affordable rates
- Several easy-to-get discounts, such as ePolicy enrollment and Good Payer options
CONS
- Some customers noted poor customer service
- Limited out-of-state coverage
Best for coverage options: State Farm
Average annual rate: $2,144
Why we chose it: State Farm is an established insurance agency that offers extensive coverage options that include inflation coverage for construction costs, loss of use and personal property insurance. They also have great discounts for home and auto bundles.
Who it’s best for: Homeowners looking for diverse coverage options, and the option to bundle home and auto.
PROS
- Strong extended coverage options, including personal liability and identity fraud protection
- Multiple discounts available, including home and auto insurance bundles
CONS
- Not the cheapest rates
- Gets the highest number of complaints of the companies on our list
Best for high-risk homes: American Modern
Average annual rate: $3,782
Star rating: N/A
Why we chose it: American Modern prides itself on handling most coverage challenges, which is why it’s the best option for high-risk homes. These include older homes and those with past claims. There are no age restrictions, and they’ll service homes in average condition or better.
Who it’s best for: Homeowners who are struggling to find coverage, including those who have been denied coverage by other providers.
PROS
- Offers coverage to specialty or high-risk homes
- Enhanced coverage for events like roof collapses from snow/ice and damage from falling objects
- Offers 10 discounts that can save up to 20% or more
CONS
- Annual rates are higher on average than many other providers
- Only covers homes up to $500,000
- No online quotes, have to work with an agent
Compare home insurance rates and ratings in Montana
| Company | Average annual rate* | LendingTree rating | Complaint rating* | |
|---|---|---|---|---|
| Farmers | $1,511 | 3.5/5 | 0.71 |
| State Farm | $2,144 | 4/5 | 1.35 |
 | Nationwide | $3,419 | 3.5/5 | 1.21 |
| American Modern | $3,782 | N/A | N/A |
 | Allstate | $3,868 | 4/5 | 1.18 |
In Montana, rates can vary significantly between insurers. Comparing multiple options can help you find better pricing and coverage.
How much is homeowners insurance in Montana?
The average cost of home insurance in Montana is $3,021.
The average cost of home insurance in Montana is $3,021 per year, or about $252 per month.
That’s well above the national average of $2,628. However, coverage varies significantly by provider and factors like your exact ZIP code, your home’s current condition and climate risks. As a result, what you’ll actually pay depends on where you live, how much coverage you need, and which insurer you go with.
Average home insurance rates by dwelling coverage amount
Rates depend on a number of factors, but one of the most significant is the amount of coverage you need for your home.
Insurance companies usually insure your home at its replacement value, which is the estimated cost of rebuilding it, not its market value. Your policy’s dwelling limit, or amount of coverage, should match or come close to this number.
| Company | $300,000 | $400,000 | $550,000 | $750,000 |
|---|---|---|---|---|
| State Farm | $1,820 | $2,144 | $2,625 | $3,210 |
| American Modern | $2,913 | $3,782 | $5,060 | $6,743 |
| Farmers | $1,132 | $1,511 | $2,086 | $2,846 |
| State average | $2,488 | $3,021 | $3,454 | $4,372 |
Home insurance rates in Montana by city
The towns of Kalispell, Helena Flats and Evergreen — which all sit next to each other in northern Montana’s Flathead Valley — are more or less tied for cheapest average insurance in the state, with Kalispell, at $1,984 a year, edging out the others by a dollar.
Meanwhile, Baker has the most expensive home insurance by a large margin, followed by Hammond and Wibaux, all in the eastern part of the state.
| City | Average rate |
|---|---|
| Absarokee | $2,816 |
| Acton | $3,164 |
| Alberton | $2,095 |
| Alder | $2,350 |
| Alzada | $3,608 |
| Anaconda-Deer Lodge County | $2,413 |
| Angela | $3,403 |
| Antelope | $2,758 |
| Arlee | $2,241 |
| Ashland | $3,358 |
| Augusta | $2,515 |
| Avon | $2,298 |
| Babb | $2,853 |
| Bainville | $3,266 |
| Baker | $4,043 |
| Ballantine | $3,423 |
| Basin | $2,409 |
| Bearcreek | $2,865 |
| Belfry | $2,848 |
| Belgrade | $2,212 |
| Belt | $3,021 |
| Biddle | $3,640 |
| Big Arm | $2,218 |
| Big Sandy | $2,882 |
| Big Sky | $2,469 |
| Big Timber | $2,783 |
| Bigfork | $2,216 |
| Bighorn | $3,072 |
| Billings | $3,450 |
| Birney | $3,205 |
| Black Eagle | $2,676 |
| Bloomfield | $3,598 |
| Bonner | $2,280 |
| Bonner-West Riverside | $2,277 |
| Boulder | $2,396 |
| Box Elder | $2,666 |
| Boyd | $2,897 |
| Boyes | $3,609 |
| Bozeman | $2,343 |
| Brady | $2,596 |
| Bridger | $2,859 |
| Broadus | $3,869 |
| Broadview | $3,133 |
| Brockton | $3,266 |
| Brockway | $2,787 |
| Browning | $2,647 |
| Brusett | $3,106 |
| Buffalo | $3,010 |
| Busby | $3,069 |
| Butte | $2,355 |
| Bynum | $2,591 |
| Cameron | $2,259 |
| Canyon Creek | $2,461 |
| Capitol | $3,620 |
| Cardwell | $2,464 |
| Carter | $2,775 |
| Cascade | $2,671 |
| Charlo | $2,347 |
| Chester | $2,851 |
| Chinook | $2,705 |
| Choteau | $2,671 |
| Circle | $3,076 |
| Clancy | $2,342 |
| Clinton | $2,486 |
| Clyde Park | $2,682 |
| Coffee Creek | $2,636 |
| Cohagen | $3,262 |
| Colstrip | $3,652 |
| Columbia Falls | $2,057 |
| Columbus | $2,819 |
| Condon | $2,471 |
| Conner | $2,507 |
| Conrad | $2,599 |
| Cooke City | $2,591 |
| Coram | $2,032 |
| Corvallis | $2,354 |
| Crane | $3,284 |
| Crow Agency | $2,989 |
| Culbertson | $3,476 |
| Custer | $3,169 |
| Cut Bank | $2,716 |
| Dagmar | $3,077 |
| Darby | $2,385 |
| Dayton | $2,233 |
| De Borgia | $2,464 |
| Decker | $2,702 |
| Deer Lodge | $2,416 |
| Dell | $2,478 |
| Denton | $2,607 |
| Dillon | $2,434 |
| Divide | $2,427 |
| Dixon | $2,340 |
| Dodson | $2,777 |
| Drummond | $2,291 |
| Dupuyer | $2,878 |
| Dutton | $2,829 |
| East Glacier Park | $2,599 |
| East Helena | $2,211 |
| East Missoula | $2,277 |
| Edgar | $2,878 |
| Ekalaka | $3,864 |
| Elliston | $2,503 |
| Elmo | $2,175 |
| Emigrant | $2,568 |
| Ennis | $2,397 |
| Essex | $2,176 |
| Ethridge | $2,225 |
| Eureka | $2,120 |
| Evaro | $2,242 |
| Evergreen | $1,985 |
| Fairfield | $2,556 |
| Fairview | $3,506 |
| Fallon | $3,461 |
| Fishtail | $2,671 |
| Flaxville | $3,078 |
| Florence | $2,224 |
| Floweree | $2,744 |
| Forest Grove | $2,600 |
| Forsyth | $3,604 |
| Fort Belknap Agency | $2,741 |
| Fort Benton | $2,760 |
| Fort Harrison | $2,254 |
| Fort Peck | $3,034 |
| Fort Shaw | $2,607 |
| Fort Smith | $2,713 |
| Fortine | $2,157 |
| Four Corners | $2,252 |
| Frazer | $3,171 |
| Frenchtown | $2,242 |
| Froid | $3,323 |
| Fromberg | $2,884 |
| Galata | $2,556 |
| Gallatin Gateway | $2,466 |
| Gardiner | $2,476 |
| Garrison | $2,490 |
| Garryowen | $2,923 |
| Geraldine | $2,690 |
| Geyser | $2,982 |
| Gildford | $2,854 |
| Glasgow | $3,159 |
| Glen | $2,494 |
| Glendive | $3,663 |
| Glentana | $2,975 |
| Gold Creek | $2,253 |
| Grantsdale | $2,329 |
| Grass Range | $2,628 |
| Great Falls | $2,645 |
| Greycliff | $2,700 |
| Hall | $2,363 |
| Hamilton | $2,325 |
| Hammond | $3,897 |
| Hardin | $3,357 |
| Harlem | $2,741 |
| Harlowton | $2,756 |
| Harrison | $2,670 |
| Hathaway | $3,440 |
| Haugan | $2,435 |
| Havre | $2,885 |
| Havre North | $2,884 |
| Hays | $2,550 |
| Heart Butte | $2,797 |
| Helena | $2,233 |
| Helena Flats | $1,985 |
| Helena Valley Northeast | $2,184 |
| Helena Valley Northwest | $2,311 |
| Helena Valley Southeast | $2,198 |
| Helena Valley West Central | $2,224 |
| Helena West Side | $2,268 |
| Helmville | $2,185 |
| Heron | $2,263 |
| Highwood | $2,568 |
| Hilger | $2,586 |
| Hingham | $2,788 |
| Hinsdale | $2,975 |
| Hobson | $3,074 |
| Hogeland | $2,708 |
| Homestead | $3,078 |
| Hot Springs | $2,099 |
| Hungry Horse | $2,245 |
| Huntley | $3,511 |
| Huson | $2,132 |
| Hysham | $3,214 |
| Ingomar | $3,395 |
| Inverness | $2,716 |
| Ismay | $3,565 |
| Jackson | $2,663 |
| Jefferson City | $2,398 |
| Joliet | $2,922 |
| Joplin | $2,840 |
| Jordan | $3,328 |
| Judith Gap | $2,712 |
| Kalispell | $1,984 |
| Kevin | $2,545 |
| Kila | $2,130 |
| Kinsey | $3,422 |
| Kremlin | $2,809 |
| Lake Mc Donald | $2,160 |
| Lakeside | $2,172 |
| Lambert | $3,284 |
| Lame Deer | $3,363 |
| Larslan | $3,011 |
| Laurel | $3,215 |
| Lavina | $2,960 |
| Ledger | $2,840 |
| Lewistown | $2,821 |
| Libby | $2,525 |
| Lima | $2,559 |
| Lincoln | $2,604 |
| Lindsay | $3,329 |
| Livingston | $2,617 |
| Lloyd | $2,528 |
| Lockwood | $3,453 |
| Lodge Grass | $2,837 |
| Lolo | $2,027 |
| Loma | $2,731 |
| Lonepine | $2,153 |
| Loring | $2,536 |
| Lothair | $2,822 |
| Malmstrom AFB | $2,447 |
| Malta | $2,898 |
| Manhattan | $2,486 |
| Marion | $2,591 |
| Martin City | $2,674 |
| Martinsdale | $2,698 |
| Marysville | $2,501 |
| Mc Allister | $2,640 |
| Mc Leod | $2,693 |
| Medicine Lake | $3,285 |
| Melrose | $2,407 |
| Melstone | $3,003 |
| Melville | $2,915 |
| Mildred | $3,331 |
| Miles City | $3,792 |
| Milltown | $2,233 |
| Missoula | $2,248 |
| Moccasin | $2,931 |
| Molt | $3,294 |
| Monarch | $2,914 |
| Montana City | $2,321 |
| Moore | $3,004 |
| Mosby | $3,084 |
| Musselshell | $3,025 |
| Nashua | $3,147 |
| Neihart | $2,949 |
| Niarada | $2,092 |
| Norris | $2,640 |
| North Browning | $2,647 |
| Noxon | $2,181 |
| Nye | $2,698 |
| Oilmont | $2,551 |
| Olive | $3,650 |
| Olney | $2,624 |
| Opheim | $2,975 |
| Orchard Homes | $2,223 |
| Otter | $3,348 |
| Outlook | $2,758 |
| Ovando | $2,203 |
| Pablo | $2,314 |
| Paradise | $2,304 |
| Park City | $2,854 |
| Peerless | $3,077 |
| Pendroy | $2,616 |
| Philipsburg | $2,274 |
| Pinesdale | $2,369 |
| Plains | $2,279 |
| Plentywood | $3,120 |
| Plevna | $3,703 |
| Polaris | $2,736 |
| Polebridge | $2,687 |
| Polson | $2,375 |
| Pompeys Pillar | $3,170 |
| Pony | $2,712 |
| Poplar | $3,476 |
| Powderville | $3,657 |
| Power | $2,818 |
| Pray | $2,665 |
| Proctor | $2,538 |
| Pryor | $3,042 |
| Radersburg | $2,527 |
| Ramsay | $2,338 |
| Rapelje | $2,904 |
| Ravalli | $2,459 |
| Raymond | $2,907 |
| Raynesford | $3,004 |
| Red Lodge | $2,866 |
| Redstone | $2,758 |
| Reed Point | $2,773 |
| Reserve | $3,077 |
| Rexford | $2,414 |
| Richey | $3,249 |
| Richland | $3,010 |
| Ringling | $2,636 |
| Riverbend | $2,289 |
| Roberts | $2,884 |
| Rocky Boy’s Agency | $2,667 |
| Rocky Point | $2,376 |
| Rollins | $2,486 |
| Ronan | $2,313 |
| Roscoe | $2,884 |
| Rosebud | $3,465 |
| Roundup | $2,923 |
| Roy | $2,695 |
| Rudyard | $2,908 |
| Ryegate | $2,919 |
| Saco | $3,008 |
| Saltese | $2,216 |
| Sand Coulee | $2,985 |
| Sand Springs | $3,105 |
| Sanders | $3,057 |
| Sangrey | $2,667 |
| Savage | $3,507 |
| Scobey | $2,949 |
| Seeley Lake | $2,360 |
| Shawmut | $2,629 |
| Shelby | $2,498 |
| Shepherd | $3,435 |
| Sheridan | $2,362 |
| Sidney | $3,501 |
| Silver Gate | $2,549 |
| Silver Star | $2,443 |
| Simms | $2,545 |
| Somers | $2,453 |
| South Browning | $2,646 |
| Springdale | $2,687 |
| St. Ignatius | $2,323 |
| St. Marie | $2,975 |
| St. Regis | $2,147 |
| St. Xavier | $2,810 |
| Stanford | $3,020 |
| Stevensville | $2,220 |
| Stockett | $3,061 |
| Stryker | $2,510 |
| Sula | $2,683 |
| Sumatra | $3,435 |
| Sun Prairie | $2,575 |
| Sun River | $2,593 |
| Sunburst | $2,566 |
| Superior | $2,291 |
| Sweet Grass | $2,560 |
| Teigen | $3,124 |
| Terry | $3,705 |
| Thompson Falls | $2,305 |
| Three Forks | $2,746 |
| Toston | $2,614 |
| Townsend | $2,720 |
| Trego | $2,652 |
| Trout Creek | $2,299 |
| Troy | $2,319 |
| Turner | $2,584 |
| Twin Bridges | $2,399 |
| Two Dot | $2,915 |
| Ulm | $2,666 |
| Valier | $2,784 |
| Vandalia | $3,034 |
| Vaughn | $2,665 |
| Victor | $2,204 |
| Vida | $2,854 |
| Virginia City | $2,429 |
| Volborg | $3,660 |
| Walkerville | $2,296 |
| West Glacier | $2,170 |
| West Glendive | $3,663 |
| West Yellowstone | $2,422 |
| Westby | $3,288 |
| White Haven | $2,525 |
| White Sulphur Springs | $2,759 |
| Whitefish | $2,037 |
| Whitehall | $2,396 |
| Whitetail | $3,077 |
| Whitewater | $2,529 |
| Whitlash | $2,743 |
| Wibaux | $3,880 |
| Willard | $3,535 |
| Willow Creek | $2,763 |
| Wilsall | $2,820 |
| Winifred | $2,598 |
| Winnett | $2,995 |
| Winston | $2,607 |
| Wisdom | $2,372 |
| Wise River | $2,690 |
| Wolf Creek | $2,503 |
| Wolf Point | $3,302 |
| Worden | $3,601 |
| Wyola | $2,703 |
| Zortman | $2,780 |
| Zurich | $2,573 |
Current state of homeowners insurance in Montana
Montana’s home insurance rates have risen sharply in recent years. The average annual premium increased roughly 51% between 2021 and 2025. In 2024 alone, it jumped up by 22.49%. That spike was the third-highest increase in the country that year.
Wildfire is the biggest driver in Montana. Nearly 70% of all recorded wildfires in the state have occurred since 2000, and roughly 29% of Montana properties face a high wildfire risk. Hail is also a major factor, particularly in eastern Montana, where the state saw approximately 20 damaging hail events in 2025 alone.
On top of that, Montana gained more than 53,000 new residents between 2020 and 2024, driving up home values and replacement costs. This directly increases what insurers charge.
The state has taken notice. In 2025, the Montana legislature authorized an interim committee to study the state’s “escalating insurance challenges,” with results due by September 2026.
Unlike some high-risk states, Montana does not have a FAIR Plan, which would act as a state-backed insurer of last resort, though the state is considering creating one similar to Colorado’s.
How to compare homeowners insurance in Montana
When comparing options, don’t just look at rates. Also consider:
- Coverage limits: It’s normal for your home’s replacement cost estimates to vary slightly in quotes from different companies. However, it’s important to make sure each quote lists your home’s size and features accurately so you can make an apples-to-apples comparison when choosing your dwelling coverage limit.
- Deductibles: You can lower your premium by choosing a higher deductible. Just be sure you have the cash on hand should you need to file a claim.
- Exclusions: Check what isn’t covered (like floods, ice damage or wildfires)
- Add-ons: Consider extra coverage for high-value items or common issues like sewer or drain backups
And if you own one or more vehicles, consider bundling your home and auto insurance. Many insurance companies (including both Farmers and State Farm) offer notable discounts for this.
How LendingTree helps you find the right policy
Shopping for home insurance isn’t always straightforward — especially when availability and pricing can vary widely. LendingTree makes it easier by helping you explore options from multiple insurers, so you can find coverage that fits your home, location and budget.
How it works
Tell us about your home
Answer a few quick questions about your home, location and coverage needs.
Compare options from insurers
See quotes and typical rates from insurers that offer coverage in your area.
Choose the right policy
Review your options and pick the coverage that fits your needs and budget.
Frequently asked questions
Homeowner’s insurance is not required by law in Montana. That said, lenders almost always require you to carry homeowner’s insurance for the duration of your mortgage. They’ll likely ask for proof of insurance prior to closing.
Homeowner’s insurance in Montana has increased significantly over the past few years. In just the one year from 2024 to 2025, it went up by 18%. While an influx of residents has inflated property values and replacement costs (which drives up premiums), wildfires are also a contributing factor. An estimated 50% of Montana properties are vulnerable to wildfire damage.
FAIR programs are state-run policies that homeowners can get if they aren’t able to receive coverage from a private insurer. Unfortunately, Montana does not have a FAIR plan. You may be able to find coverage with a company like American Modern that often works with homeowners who are denied coverage elsewhere. You can also try making recommended changes to your home, such as getting a new roof or replacing out-of-date plumbing, and then trying companies again.
Methodology
The rates shown in this article are based on an analysis of non-binding quotes obtained in February 2026 from Quadrant Information Services for sample homes in every Montana ZIP code. Unless otherwise noted, policies include:
- Dwelling coverage: $400,000
- Other structures: $40,000
- Personal property: $200,000
- Loss of use: $80,000
- Personal liability: $100,000
- Guest medical payments: $5,000
- Deductible: $1,000
For third-party customer service ratings, we included NAIC’s Complaint Index scores and financial strength ratings from A.M. Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from A.M. Best reflect the ability to pay out claims.
How we create LendingTree ratings
Our team of insurance experts evaluates insurance companies across several categories, including average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We use this information to create LendingTree ratings, which help us identify and recommend the best insurance companies for consumers.
See our home insurance ratings methodology and full editorial guidelines for further details.
*USAA is only available to current and former members of the military and their families.
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