Average homeowners insurance cost in Montana

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The average cost of home insurance in Montana is $3,265 per year for a standard policy.

Your premium is shaped by the dwelling coverage limit you select and the level of protection you need. Broader coverage generally means a higher cost. Higher coverage means higher premiums. Chubb stands out for its more affordable rates in the state, offering solid value as you weigh different levels of coverage.

Compare quotes from multiple insurers and ask each one what discounts they offer. Premiums can differ significantly from company to company because they weigh things like where your home is located, how old it is, what it’s built from, the shape your roof is in, and your past claims. Pulling several quotes tied to your specific address is the surest way to spot the best value.

Key Takeaways

Based on our data, homeowners insurance in Montana costs an average of $3,265 per year.
Among all ZIP codes in Montana, 59901 has the most affordable rates, averaging around $2,598 annually.
For the lowest insurer rates in Montana, Chubb comes in at an average annual premium of $1,629.

What is the average cost of homeowners insurance in Montana?

Homeowners in Montana pay an average of $3,265 per year 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 $3,265 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 $4,039 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 $100,000 Liability and None Deductible	$2,506	$209
$200,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$2,523	$210
$300,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$3,265	$272
$300,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$3,289	$274
$400,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$4,039	$337
$400,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$4,065	$339
$600,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$5,917	$493
$600,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$5,949	$496
$1,000,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$9,745	$812
$1,000,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$9,788	$816

Average home insurance cost in Montana by insurer

Chubb offers the most affordable homeowners insurance in Montana, at an average annual premium of $1,629, followed by Nationwide and State Farm.

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	$1,629	$136
Nationwide	$2,295	$191
State Farm	$2,548	$212
Allstate	$3,358	$280
Farmers	$3,918	$326
Travelers	$15,903	$1,325
USAA*	$2,945	$245

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

How to lower your home insurance rate

Shop around. Don’t settle for the first quote. Compare rates from at least three to four insurers to find the best deal in Montana.
Bundle your policies. Adding home and auto (or renters and auto) to the same provider often unlocks significant multi-policy discounts.
Ask about smart home discounts. Installing security systems, smoke detectors, or water leak sensors can reduce your premium.
Check for other savings. Ask about loyalty discounts, claims-free rewards, or upgrades like fire-resistant roofing.

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

Your ZIP code shapes your home insurance rate by showing insurers the risk tied to your location. Higher crime, greater exposure to natural disasters, and steeper rebuilding costs all push an area into higher-risk territory-and premiums rise accordingly.

Below, see the most and least expensive ZIP codes for home insurance in Montana.

Most affordable ZIP codes for home insurance in Montana

59901 has the lowest average home insurance rates in Montana, with homeowners paying around $2,598 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
59901	$2,598	$217
59920	$2,735	$228
59937	$2,738	$228
59801	$2,743	$229
59912	$2,751	$229
59917	$2,791	$233
59803	$2,818	$235
59812	$2,822	$235
59922	$2,833	$236
59808	$2,844	$237

Most expensive ZIP codes for home insurance rates in Montana

59319 has the highest rates in Montana at an average of $6,927 per year.

Home insurance costs more in certain ZIP codes due to higher crime rates, natural disaster risk, and living costs.

Below, we’ve highlighted some of the most expensive ZIP codes in Montana for home insurance:

ZIP code	Average annual rate	Average monthly rate
59319	$6,927	$577
59083	$6,909	$576
59333	$6,848	$571
59066	$6,789	$566
59036	$6,649	$554
59084	$6,547	$546
59217	$6,509	$542
59054	$6,499	$542
59035	$6,487	$541
59273	$6,480	$540

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

What are the best homeowners insurance companies in Montana?

Based on our data, Chubb stands out as the top choice in Montana. It earns an AM Best rating of A++ and holds one of the lowest NAIC complaint scores statewide-a strong sign of both reliability and customer satisfaction.

To pinpoint the most trustworthy insurers, we measured each company against two benchmarks:

AM Best Ratings gauge a company’s financial strength and its ability to pay claims when you need it most.
NAIC Complaint Scores compare how often a company is the subject of complaints relative to its size, with lower scores pointing to fewer problems.

Looked at together, these benchmarks give a dependable picture of an insurer’s financial footing and the experience you can expect as a customer. The table below ranks the leading companies in Montana by annual premium, financial rating, and complaint history.

Company	Average annual premium	AM Best rating	NAIC Complaint Index	Overall score
Chubb	$1,629	A++	0.18	5
Travelers	$7,901	A++	0.54	4.28
Farmers	$3,918	A	0.54	3.83
Nationwide	$2,295	A+	0.87	3.7
State Farm	$2,548	A++	0.95	3.6
Allstate	$3,358	A+	0.9	3.44

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

Source

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

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 20,739,560 quotes from 82 national and regional insurers across 34,588 ZIP codes.

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

Company rankings factor in average annual cost, NAIC score, and AM Best rating. 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.