Average homeowners insurance cost in Montana

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Home insurance in Montana costs an average of $3,186 per year for standard coverage.

Your actual cost depends on your dwelling coverage limit and the protection level you choose. Higher coverage means higher premiums. Chubb offers competitive rates in the state, making it a strong option to consider as you compare coverage levels.

Shop around and ask about discounts. Rates vary widely between insurers, and depend on factors like your home’s location, age, construction, roof condition, and claims history-so getting quotes specific to your address and comparing several companies helps you find the best deal.

Key Takeaways

Homeowners insurance costs an average of $3,186 a year, based on our data.
Of all the ZIP codes in Montana, 59820 has the most affordable home insurance rates at around $1,902 annually.
In Montana, Chubb provides the most affordable home insurance at an average annual premium of $941.

What is the average cost of homeowners insurance in Montana?

The average homeowners insurance premium in Montana is $3,186 annually for a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

How much is home insurance in Montana? Cost by coverage level

The typical homeowners insurance policy in Montana runs $3,186 per year, assuming $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

Stepping up to $400,000 in dwelling coverage, with the same liability and deductible settings, brings the average annual cost to $3,907 in Montana.

The table below shows average homeowners insurance costs in Montana for dwelling coverage from $200,000 to $1 million.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$2,387	$199
$200,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$2,414	$201
$300,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$3,186	$266
$300,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$3,215	$268
$400,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$3,907	$326
$400,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$3,937	$328
$600,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$5,277	$440
$600,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$5,314	$443
$1,000,000 with $2,500 Deductible and $200,000 Liability and None Hurricane	$7,256	$605
$1,000,000 with $2,500 Deductible and $300,000 Liability and None Hurricane	$7,313	$609

Average home insurance cost in Montana by insurer

Chubb offers the most affordable homeowners insurance in Montana, at an average annual premium of $941, followed by State Farm and Travelers.

You can save hundreds – if not thousands – of dollars each year by shopping around.

Below are the average annual and monthly insurance rates for Montana homeowners for a policy with $300,000 dwelling coverage and $100,000 liability protection with a $1,000 deductible.

Company	Average annual rate	Average monthly rate
Chubb	$941	$78
State Farm	$2,719	$227
Travelers	$2,953	$246
Allstate	$3,010	$251
Nationwide	$3,485	$290
Farmers	$4,096	$341
USAA*	$3,425	$285

*USAA is only available to military community members and their families.

How to lower your home insurance rate

Shop around. The first quote you receive is rarely the best one. Getting estimates from at least three or four insurers gives you a clearer picture of what’s available in Montana.
Bundle your policies. Combining home and auto insurance, or renters and auto, with the same provider is one of the most common ways to unlock multi-policy discounts.
Ask about smart home discounts. Security systems, smoke detectors, and leak sensors are the kinds of upgrades that can bring your premium down.
Check for other savings. Loyalty discounts, claims-free rewards, and home improvements like fire-resistant roofing are worth asking about at renewal.

How does your ZIP code affect home insurance rates in Montana?

Your ZIP code is one of the biggest factors in your home insurance rate, because it tells the insurer how much risk comes with your location. Areas with higher crime rates, frequent natural disasters, or high rebuilding costs are treated as higher-risk-and that pushes premiums up.

Below are the most affordable and most expensive ZIP codes for home insurance in Montana

Most affordable ZIP codes for home insurance in Montana

59820 has the lowest average home insurance rates in Montana, with homeowners paying around $1,902 per year.

Home insurance rates aren’t uniform across Montana. Your ZIP code, in particular, is one of the biggest reasons prices differ from one area to the next.

Below are average rates for some of the most affordable ZIP codes in Montana.

ZIP code	Average annual rate	Average monthly rate
59820	$1,902	$158
59937	$1,954	$163
59901	$1,962	$164
59912	$1,974	$165
59917	$1,985	$165
59920	$1,998	$166
59935	$2,004	$167
59919	$2,052	$171
59845	$2,070	$173
59911	$2,089	$174

Most expensive ZIP codes for home insurance in Montana

At the other end of the spectrum, 59313 has the highest average rates in Montana at $4,806 per year.

Higher premiums in certain ZIP codes typically reflect greater exposure to crime, natural disasters, and elevated living and rebuilding costs.

Below are some of the most expensive ZIP codes for home insurance in Montana.

ZIP code	Average annual rate	Average monthly rate
59313	$4,806	$400
59332	$4,687	$391
59324	$4,677	$390
59319	$4,586	$382
59353	$4,570	$381
59317	$4,505	$375
59344	$4,487	$374
59311	$4,473	$373
59083	$4,451	$371
59333	$4,445	$370

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Montana by city

See rates in your city

How has home insurance pricing shifted in Montana?

From 2023 to 2025, home insurance rates in Montana increase by 5%, mirroring the broader direction of the state’s insurance market over that period.

Here’s how rates have moved year over year since 2022:

2022 rates	2023 rates	2025 rates
$2,602	$3,020	$3,186

What are the best homeowners insurance companies in Montana?

Our data points to Chubb as the best overall pick in Montana, thanks to its AM Best rating of A++ and one of the lowest NAIC complaint scores in the state.

We ranked insurers using two measures that matter most when you’re counting on coverage:

AM Best Ratings reflect financial strength-essentially, how confidently a company can cover claims.
NAIC Complaint Scores track complaints in proportion to a company’s size, so a lower number means fewer headaches for policyholders.

Combined, they offer a clear read on whether an insurer is both financially sound and easy to deal with. In the table below, you’ll find the top companies in Montana compared by annual premium, financial rating, and complaint history.

Company	Average annual premium	Am Best Rating	NAIC Complaint Index	Overall score
Chubb	$941	A++	0.07	4.92
Travelers	$2,953	A++	0.91	4.61
State Farm	$2,719	A+	1.15	4.53
Allstate	$3,010	A+	1.26	4.48
Nationwide	$3,485	A	1.34	4.31
Farmers	$4,096	A	0.89	4.25
USAA*	$3,425	A++	0.46	4.57

*USAA is only available to military community members and their families.

How to understand insurer ratings and complaint data

A good insurer answers two questions well: Can it pay your claim, and does it keep its customers happy? Independent rating agencies measure both, giving you an evidence-based way to compare your options.

The two ratings referenced here:

AM Best, which assesses an insurer’s financial strength and capacity to pay claims. Higher ratings indicate greater financial stability.
NAIC Complaint Index, compiled by the National Association of Insurance Commissioners from consumer complaint data. The baseline is 1.00 – a lower score means fewer complaints than expected for the insurer’s size, and a higher score means more.

What factors affect your home insurance rate?

Home insurance is priced according to the risk an insurer associates with your property and personal profile. The factors that carry the most weight include:

Where you live. Crime levels, weather-related risks, and local claims activity all factor into your rate.
Your claims history. Having filed claims in the past generally leads to a higher premium going forward.
Your credit-based insurance score. Most states allow insurers to use credit as a pricing factor. A lower score can result in a higher rate, though states such as California and Massachusetts have restrictions on this practice.
Your coverage limits and deductible. Choosing higher coverage or a lower deductible will increase your annual cost.

Home insurance costs have also been rising nationally. S&P Global Market Intelligence’s RateWatch application found that premiums for owner-occupied homes increased by more than 11% in 2023.

Resources and Methodology

Sources:

S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed August 2026.

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 37,973,840 quotes from 75 company groups (134 companies) across 34,595 ZIP codes in all 51 states.

Rates are based on a sample homeowner profile with good credit and the following coverage:

$300,000 dwelling coverage
$100,000 liability protection
$1,000 deductible

The national average annual premium (non-hurricane deductible) is $2,543.

Company rankings factor in:

AM Best rating: 30%
NAIC score: 35%
Annual premium: 35%

All quoted rates are for comparison purposes and individual premiums may vary.

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.