Average renters insurance cost in Great Falls, Montana

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Renters in Great Falls, Montana pay an average of $278 per year for renters insurance – $6 less than compared to the state average of $284 annually.

Renters insurance protects your belongings against damage, theft, fire, smoke, and vandalism. It also provides liability coverage if you accidentally hurt someone or cause damage to their property.

What you’ll pay depends on your insurer, deductible, coverage limits, ZIP code, and any discounts you qualify for.

How to get the best deal for renters insurance in Great Falls

Get quotes from a minimum of three insurers – rates differ considerably between providers, and switching can mean hundreds in annual savings.
Bundle your renters policy with auto or another insurance policy under the same provider to unlock a discount.
Increase your deductible from $500 to $1,000 – this move alone can save you $15 per year.
Look into discounts tied to safety features such as deadbolts, smoke detectors, or a home security system.
Pay your full annual premium in one payment instead of monthly – most insurers offer a discount for this.

What is the average cost of renters insurance per month in Great Falls?

Renters insurance costs in Great Falls depend on both your insurer and the coverage level you choose. The average monthly rate for a policy with $20,000 in personal property coverage and a $1,000 deductible is $17.

Stepping up to $40,000 in personal property coverage adds roughly $6 more per month, bringing the typical premium to $23 – which includes $40,000 in personal property coverage, $100,000 in liability protection, and a $1,000 deductible. That’s $1 less than the state average of $24.

Key takeaways

A renters policy covers your personal belongings and provides liability protection inside your rental
Renters insurance in Great Falls averages $278 per year
Among local insurers, State Farm offers the lowest rates in the city
What you pay hinges on your coverage limits, ZIP code, insurer, and any discounts you’re eligible for
If your home is filled with electronics, jewelry, or quality furniture, higher coverage limits are worth the extra cost

How much is renters insurance in Great Falls? Rates by deductible

In Great Falls, a renters insurance policy with $20,000 in personal property coverage and a $500 deductible averages $216 per year.

Your deductible is what you contribute before your insurer covers the rest of a claim. Opting for a higher deductible is one of the quickest ways to reduce your premium – moving from $500 to $1,000 can cut $15 from your yearly cost.

The table below outlines average premiums by coverage amount and deductible.

Deductible	Rates with $20,000 personal property	$40,000 personal property	$60,000 personal property
500	$216	$300	$388
1000	$201	$278	$359

Who offers affordable renters insurance in Great Falls?

State Farm tops the list for affordability in Great Falls, coming in at $156 per year or $13 monthly. Chubb holds the second spot, with Allstate rounding out the top three.

The table below compares average annual and monthly premiums from the most affordable renters insurance providers in Great Falls.

Renter insurance provider	Average annual rate	Average per month rate
State Farm	$156	$13
Chubb	$193	$16
Allstate	$229	$19
Nationwide	$233	$19
Kemper Insurance	$268	$22
Farmers	$330	$27
Travelers	$470	$39
USAA*	$239	$20

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

How to lower the cost of renters insurance

You can lower the cost of renters insurance by shopping around, bundling policies, and going for a higher deductible.

Bundle policies. Pick your renters, auto, and other insurance with one provider to unlock multi-policy savings.
Increase your deductible. Raising your deductible cuts your premium right away – just make sure you have enough set aside to cover it if you need to file a claim.
Choose the right coverage amount. Make an account of your belongings once a year. If you don’t have much value, your current personal property coverage limit may be higher than it needs to be.
Avoid filing small claims. Frequent small claims can push your rates up more than a single large one. When the damage is minor, paying out of pocket often works out better.
Improve your credit score. Most states allow insurers to factor in credit when pricing policies. Keeping your score healthy can have a direct impact on your premium and keep your rates steady.
Compare quotes every renewal. Premiums shift from year to year. A quick comparison at renewal – about 30 minutes – can save hundreds of dollars.

Renters insurance replaces your belongings after theft or damage, and it protects you financially if you’re held liable for someone else’s loss. Comparing quotes and taking advantage of available discounts are the most effective ways to keep your cost down.

Frequently asked questions

Is renters insurance required in Great Falls?

No state law requires it, but individual landlords often do. Beyond lease requirements, it’s a practical safeguard – it protects your belongings and covers you if someone is injured in your home.

What does renters insurance cover?

Renters insurance covers personal belongings damaged or stolen in a covered event, liability costs if you’re found responsible for injury or property damage, and temporary accommodation expenses if your rental becomes uninhabitable.

How much renters insurance do I need?

Start with enough to fully replace your possessions. If you own high-value items – electronics, jewelry, or specialty equipment – consider bumping up your limits or adding scheduled coverage for individual items.

Who has the cheapest renters insurance in Great Falls?

State Farm has the lowest average rates in Great Falls, coming in at $13 per month.

Methodology

Insure.com partnered with Quadrant Information Services to collect renters insurance rate data for Great Falls, based on a policy with $40,000 in personal property coverage, $300,000 in liability coverage, and a $1,000 deductible. All rates correspond to a good credit tier profile.

How much is renters insurance in other cities?

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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.