According to the National Motorist Association, Montana is the state in which you are least likely to receive a traffic ticket. However, Montana drivers still face the high cost of car insurance. Read on for the latest available stats, facts and rates on car insurance in in the state of Montana. Use this info to customize the optimal Montana auto insurance package for your budget and your lifestyle.
Montana Minimum Liability Coverage
Montana state law mandates that drivers must have 25/50/20 insurance coverage for each owned vehicle. In other words, drivers in the state of Montana are legally required to purchase at least $25,000 in Personal Injury Protection (PIP), $50,000 in coverage against injuries to other individuals (also known as per-accident coverage), and $20,000 against property damage. Still, insurance experts suggest that 100/300 coverage is more realistic in terms of covering the real costs of an accident. They also recommend UMI, which protects a driver who is hit by an uninsured motorist, or by a driver who flees the scene of the accident.
Penalties for Driving Without Insurance in Montana
For the first offense, the legally imposed penalty for driving without insurance on Montana roads is a fine as high as five hundred dollars and/or ten days in jail. The second offense within a five year time span results in a bigger fine, ten days in jail and suspension of registration and license plates until proof of insurance is provided. Third and subsequent convictions within a five year period face fines of up to five hundred dollars, six months in jail and the possibility of having the license revoked.
Auto Insurance Rates in Montana
The average yearly premium for car insurance on a vehicle owned in the state of Montana was $2,297 in 2016. This figure, quite a bit higher than the national average of $1,347, made Montana the second most expensive state in the nation to purchase car insurance in 2016. According to reports from Top50States.com, one reason for the high rates could be that Montana is also ranked sixth among states for the percentage of fatalities caused by drivers exceeding the speed limit. Despite the lower-than-low population density, statistics have repeatedly shown that states with sprawling, open landscapes seem to excite a driver’s natural inclination to pick up speed.
Low Cost Car Insurance Programs in Montana
Car insurance companies all over the state offer competitive rates and incentive discounts to reward drivers who maintain a sense of social responsibility. The Accident Free Discount is for going three years without an accident. The Good Driver Discount is for drivers who avoid moving violations. The Good Student Discount is for adult full time students who excel academically. The Multiple Auto Discount is for owners of more than one vehicle. These are just a few of the discounts available in Montana. Apply for every available discount. Doing this can add up to hundreds of dollars saved each year in car insurance premiums.
Obtaining Auto Insurance Quotes in Montana
Based on recent consumer reviews, cost comparisons and customer satisfaction ratings, the most popular nationally recognized auto insurance providers in Montana are AAA, Allstate, Geico, Farm Bureau, Nationwide, State Farm and 21st Century Insurance. On the other hand, some Montana residents prefer smaller sized local carriers like Western National. Either way, Montana is home to countless car insurance agents, all of them providing automobile coverage at competitive rates. Compare quotes.