Montana residents pay the 4th highest auto insurance rates in the United States, according to KTVQ out of Billings. Des Toups' article, "Montana ranked 4th-highest for car insurance cost," says that the information was collected from Quadrant Information Services. The average yearly cost to insure a 2011 vehicle in Montana is $2,190. You should be able to get used car insurance for cheaper than that, but it will be difficult to find new car insurance for much less.
The three states with higher car insurance than Montana are Michigan at $2,541; Louisiana at $2,453; and Oklahoma at $2,197. One reason for steep car insurance costs in Montana is the vast size of the state. People have to drive more miles and that means that they incur a greater risk. With a fatality rate of 2.12 per 100 million miles driven, Montana has double the deaths of the national average.
Partially due to the high auto insurance rates, 11% of Montana's drivers are driving without car insurance coverage. The $2,190 rate is for what many consider average coverage in the United States. It includes $100,000 liability coverage per person and $300,000 per accident, as well as $50,000 property damage coverage. The survey assumed a $500 deductible and included uninsured motorist coverage. Shop around to get the best possible auto insurance rates in Montana and any other state.
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