The best homeowners insurance in Montana is the one that fits your needs and budget. Whether you’re looking for strong discount opportunities, want to bundle your home and auto insurance together, or build a comprehensive plan, Reviews.com has you covered. We analyze multiple, current data sources from dozens of insurers — including recent Bankrate/Quadrant rate datasets, third‑party quality measures, and market context — to identify the best home insurance companies in Montana today.
The 4 Best Home Insurance Companies in Montana
- State Farm: Best for bundling with auto insurance
- Farmers Insurance: Best for new and renovated homes
- USAA: Best for military-centric coverage
- Allstate: Best variety of coverage options
Compare the Best Home Insurance Companies in Montana
To find the best home insurance in Montana, we analyzed recent (2024–2025) quoted-rate datasets from Bankrate/Quadrant, each company’s policy offerings and discounts, customer satisfaction signals from J.D. Power, and financial strength from AM Best. Our research indicates the top providers in Montana continue to include State Farm, Farmers Insurance, USAA and Allstate.
| Average Annual Premium for $250K in Dwelling Coverage* | AM Best Rating AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. Power Customer Satisfaction Score** J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|---|
| Pin State Farm | $2,079 | A++ | 835 | |
| Pin Farmers Insurance | $2,597 | A | 813 | |
| Pin USAA** | $1,178 | A++ | 882 | |
| Pin Allstate | $2,177 | A- | 829 |
Information accurate as of November 2025
*Premium benchmarks are based on recent Bankrate/Quadrant datasets; averages vary by coverage level and ZIP code.
**J.D. Power 2021 Home Insurance Study. USAA is not eligible for official ranking due to eligibility requirements.
State Farm
Best for Bundling With Auto Insurance
WHY WE CHOSE IT
Why we chose it
Pros
- Easy-to-use mobile app and access to a local agent make policy management easy
- Above-average financial strength rating from AM Best
- J.D. Power scores indicate a high measure of customer satisfaction
Cons
- Average premium is slightly higher than the average cost of home insurance in Montana
- Add-on coverage options may be more standard
- Discount opportunities may be limited
Other Policies Offered
- Life insurance
- Renters insurance
- Farm and ranch insurance
Standout Discounts Available
- Roofing discount
- Multiple policy discount
- Home security discount for qualified home monitoring systems
Farmers Insurance
Best for New and Renovated Homes
WHY WE CHOSE IT
Why we chose it
Pros
- Special add-on coverage options available to build a robust homeowners insurance policy
- Emphasis on using eco-friendly materials while rebuilding with its optional Eco-Rebuild coverage
- Large variety of insurance products to help build a comprehensive insurance plan
Cons
- Average annual premium is higher than the national average
- National Association of Insurance Commissioners (NAIC) complaint index of above 1.0, indicating more complaints than expected (1.0 = expected)
- J.D. Power customer satisfaction score is below the average baseline of 825
Other Policies Offered
- Collectible car insurance
- Property insurance for all types of dwellings like mobile homes, vacant homes, condominiums and more
- Life insurance
Standout Discounts Available
- Claims-free discount
- Non-smoking discount
- Multiple policy discount
USAA
Best for Military-centric Coverage
WHY WE CHOSE IT
Why we chose it
Pros
- Outstanding customer service ratings from J.D. Power
- Policies tailored to military family needs
- Competitive pricing when compared to average rates
Cons
- Only available to current and former military members and their eligible family members
- Limited discounts
- In-person agency locations may be limited
Other Policies Offered
- Life insurance
- Landlord insurance
- Renters insurance
- Umbrella insurance
Standout Discounts Available
- Home and auto bundle
- Claims-free
- Home security system discount
Allstate
Best Variety of Coverage Options
WHY WE CHOSE IT
Why we chose it
Pros
- J.D. Power customer satisfaction score is above average
- Large network of in-person local agencies
- Mobile app accessibility for policy management and payment
Cons
- Average premium is slightly more expensive than the national average
- AM Best financial strength rating is not as high compared to other top insurance carriers we reviewed
- Discount opportunities may be limited
Other Policies Offered
- Motorcycle insurance
- Renters insurance
- Condominium insurance
Standout Discounts Available
- Multiple policy
- Claims-free
- Welcome & loyalty discount
Average Cost of Homeowners Insurance in Montana
In Montana, the average cost of homeowners insurance typically lands in the mid–$2,000s per year for a policy with $250,000 in dwelling coverage. As coverage limits increase, averages generally rise into the high–$2,000s for $300,000 and the low–$3,000s for $350,000 in dwelling coverage. As of 2025, Montana’s statewide average is above the U.S. average, reflecting higher rebuilding costs and wildfire/severe-weather exposure. Your price will vary by ZIP code, home characteristics and deductible.
Average Homeowners Insurance in Montana by Coverage Level
| Coverage level (HO-3) | Typical average annual premium* |
| $250,000 dwelling coverage | Mid–$2,000s |
| $300,000 dwelling coverage | High–$2,000s |
| $350,000 dwelling coverage | Low–$3,000s |
*Figures reflect recent consumer rate analyses for common coverage levels; averages vary by source, ZIP code and home profile.
What pushes premiums higher in Montana
| Pricing driver | Typical impact |
| High wildfire exposure, older/wood-shake roof, or limited fire protection | Often pushes premiums well above the statewide average |
| Lower deductibles and higher dwelling/contents limits (incl. extended replacement) | Raises premiums versus baseline profiles |
| Prior claims or a weaker credit-based insurance score | Can materially increase rates |
*Premium impacts are based on recent market analyses; individual results vary by insurer and ZIP code.
Key Things to Know About Homeowners Insurance in Montana
Understanding Montana’s most common risks helps you tailor coverage and manage price. Wildfire exposure and severe weather have driven higher premiums and tighter underwriting in recent years, especially in WUI-adjacent ZIP codes. Ask your insurer or agent about annual coverage reviews, mitigation credits (Class A roof, defensible space, home hardening) and bundling to keep protection aligned with today’s rebuilding costs and your budget.
Home insurance coverage options
A home insurance policy includes standard coverages like dwelling, personal property and liability. You can then add endorsements to better fit your needs, which may include:
- Water damage: Sudden and accidental water damage (for example, from a burst pipe) is typically covered, but flooding from rising water is not. Flood insurance must be purchased separately; many homeowners buy it through the NFIP or private flood insurers.
- Identity theft and personal cyber: Identity restoration endorsements can help with expenses such as credit monitoring and legal fees. Some insurers now offer broader personal cyber options for cyber fraud and data restoration; limits and terms vary.
- Wildfire: Wildfires are a key concern in parts of Montana and are generally covered in standard policies. Review your dwelling limit annually to keep pace with rebuilding costs and ask about mitigation credits for defensible space, ember-resistant vents and Class A roofing.
Frequently Asked Questions
Methodology
We evaluated companies based on third-party agency ratings for customer experience, financial stability and coverage options to determine which might be the best providers, using the latest available data for 2024–2025.
To compare home insurance companies across the board, we considered the following factors:
- Customer Ratings: Customer satisfaction ratings are a useful indicator of what your experience with a particular insurer might be like. We measured this using the latest J.D. Power Home Insurance Study ratings.
- Coverage: As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available.
- Confidence: It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength ratings indicate a positive history of being able to pay out claims. We measured this using AM Best ratings.
- Customer Experience: The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We based this measure on the National Association of Insurance Commissioners Consumer Complaint Index.
Rates and ranges are based on recent quoted-rate datasets from Bankrate/Quadrant and other consumer market analyses. These are sample figures and should be used for comparative purposes only. Your quotes may be different.
The coverage limits for home insurance rates reflect the following coverage and limits:
- Coverage A, Dwelling: $250,000
- Coverage B, Other Structures: $25,000
- Coverage C, Personal Property: $125,000
- Coverage D, Loss of Use: $50,000
- Coverage E, Liability: $300,000
- Coverage F, Medical Payments: $1,000
The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).
