HomepageInsuranceHomeownersBest Montana Homeowners Insurance Company

The Best Homeowners Insurance Companies in Montana

Fact-checked with HomeInsurance.com ​

Find the Best Home Insurance

Please enter a valid zip code

Click at least 2-3 companies to find the very best rate.

    Advertiser Disclosure

    Close icon.

    We are an independent publisher. Our reporters create honest, accurate, and objective content to help you make decisions. To support our work, we are paid for providing advertising services. Many, but not all, of the offers and clickable hyperlinks that appear on this site are from companies that compensate us. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you. We strive to keep our information accurate and up-to-date, but some information may not be current. So, your actual offer terms from an advertiser may be different than the offer terms on this site. And the advertised offers may be subject to additional terms and conditions of the advertiser. All information is presented without any warranty or guarantee to you.

    Overall, the average cost of Montana homeowners companies is slightly below the national average. This great news is possible thanks to some of the top companies in the state, including AAA, American Family, USAA, Encompass, and Shelter. Shopping Montana homeowners insurance companies does require a look at pricing, but you should also look at the coverage offered, claims support, and the reputation of the insurer, to make a more well-rounded decision. Some of the providers that top the list in Montana also earned a spot in our national ranking of the best homeowners insurance companies.

    The 5 Best Homeowners Insurance Companies in Montana

    Compare Montana’s top insurance companies

     Reviews.com Score Average PriceAM Best FinancialJ.D. Power
    AAAN/A $       1,070.00N/A*N/A*
    American Family3.75 $       1,133.00A821/1000
    USAA4 $       1,043.00A++889/1000
    EncompassN/A $       1,326.00A+NA
    ShelterN/A $       1,692.00ANA

    * Because AAA is a network of many local “clubs,” data varies by region

    Best Montana Homeowners Insurance Companies

    AAA

    The American Automobile Association (AAA) is a well-recognized insurance company. The nonprofit organization may be best known for auto insurance and roadside assistance, but it’s been supporting homeowners with home insurance policies through local partners for over a century.

    AAA

    Best for Bundling with Auto Insurance

    Why we chose it

    A membership to AAA is required, but you’ll have access to competitive premiums that make the insurer one of the most affordable in Missouri. Besides the basic homeowners insurance coverage, AAA provides a number of add-ons to further customize your home policy.
    • ** Reviews Score
    • ** AM Best Rate 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 J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • ** BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    A membership to AAA is required, but you’ll have access to competitive premiums that make the insurer one of the most affordable in Missouri. Besides the basic homeowners insurance coverage, AAA provides a number of add-ons to further customize your home policy.

    Pros

    • High customer satisfaction claims ratings
    • Low homeowners insurance prices
    • AAA discounts for travel and other policies

    Cons

    • Requires AAA membership first
    • You may have to buy auto insurance before you can access homeowners policies
    • Home insurance is provided by a local partner.
    Read More

    Discounts available

    • Retired member discount
    • Claims-free
    • Renovated home
    • Hail-resistant roof

    Unique features

    Many of the local AAA clubs provide home systems protection to cover heating, air conditioning or water heater breakdowns.

    *J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.
    ** Because AAA is a network of many local “clubs,” data varies by region

    Further Reading on AAA:

    American Family Insurance

    American Family Insurance is a good choice for any type of homeowner, but especially shines for new homebuyers. The insurer’s affordable premiums and a variety of online learning resources are ideal for someone just getting started with purchasing their first home.

    American Family

    Best For New Homebuyers

    Why we chose it

    American Family Insurance makes it easy to decide on what type of homeowners insurance you need. The website provides home insurance Arizona policy comparisons, calculators and inventory worksheets to help you get the right coverage.
    • 3.75 Reviews Score
    • A AM Best Rate 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.
    • A J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.

    Why we chose it

    American Family Insurance makes it easy to decide on what type of homeowners insurance you need. The website provides home insurance Arizona policy comparisons, calculators and inventory worksheets to help you get the right coverage.

    Pros

    • Customizable coverage options
    • Good customer satisfaction ratings and 24/7 claims center
    • Strong financial ratings
    • Helpful digital resources for new homebuyers

    Cons

    • Not BBB accredited
    • Limited availability
    Read More

    Discounts available

    • Smart home discount
    • Generational discount if your parents are policy holders
    • Renovated home discount

    Unique features

    American Family’s MyAmFam App was redesigned to make managing your homeowners insurance policy easier. Besides the number of discounts available, American Family Insurance’s homeowners insurance policies are some of the most affordable in Arizona.

    *J.D. Power 2020 U.S. Home Insurance Customer Satisfaction Study, based on a 1,000-point scale

    Further Reading on American Family:

    USAA

    USAA appears at the top of rating lists for its excellent customer service, comprehensive policies, and fair prices. The only catch is that you must be a current or former member of the military community to purchase a policy — but if you are, the company should be your first stop.

    USAA

    Best For Military Families

    Why we chose it

    USAA has earned a high reputation for quality and service within the military community. The coverages include benefits designed for active military personnel and veterans.
    • 4 Reviews Score
    • A++ AM Best Rate 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.
    • 889* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.

    Why we chose it

    USAA has earned a high reputation for quality and service within the military community. The coverages include benefits designed for active military personnel and veterans.

    Pros

    • Outstanding customer service
    • Policies tailored to military family needs
    • Competitive pricing

    Cons

    • Only available to current and former military members and their families
    • Limited discounts
    Read More

    Discounts available

    • Save 10% if you bundle with auto
    • Claims-free 10% discount
    • Home security system discount

    Unique features

    USAA’s policies are written with service men and women in mind. This means they have details that anyone in the military can appreciate, such as full coverage for uniforms for active duty or deployed members.

    *J.D. Power 2020 U.S. Home Insurance Customer Satisfaction Study, based on a 1,000-point scale

    Further Reading on USAA:

    Encompass

    Encompass offers homeowners insurance in three tiers—Elite, Deluxe and Special. This tiered system allows customers to choose a coverage policy that meets their needs and fits within their budget.

    Encompass

    Most Customizable

    Why we chose it

    In addition to their range of insurance plans, Encompass insurance allows customers to choose a variety of coverages for added protection. Their plans are easy to customize, but they may be on the expensive side.
    • N/A Reviews Score
    • A+ J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • N/A AM Best Rate 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.

    Why we chose it

    In addition to their range of insurance plans, Encompass insurance allows customers to choose a variety of coverages for added protection. Their plans are easy to customize, but they may be on the expensive side.

    Pros

    • Tiered coverage options
    • Add-on coverages

    Cons

    • More expensive premiums
    • Few discounts
    Read More

    Discounts available

    • Claim-free discount
    • Dwelling age discount
    • Renovation discount

    Unique features

    Encompass offers added protections, including enhanced replacement cost coverage, water backup coverage, increased building costs, mortgage rate protection and more.

    **Some providers don’t have enough third-party ratings to calculate a score.

    Shelter Mutual Insurance

    Shelter Mutual Insurance has earned average financial ratings and didn’t rank in the 2020 J.D. Power Home Insurance Study. But Shelter stands out in the crowd with its flexible home insurance policies. Shelter offers two levels of homeowners coverage. A Shelter home insurance policy provides maximum protection, while a dwelling insurance policy gives you the option to add covered perils based on your needs.

    Shelter Mutual Home Insurance

    Flexible Polices

    Why we chose it

    Some homeowners need more protection than others do. Shelter’s flexible homeowners policies enable you to choose a comprehensive policy, which covers most major perils, or a policy that allows you to pick and choose the perils for which you want protection. Shelter also offers an impressive selection of optional coverages for everything from boat docks to home-based businesses.
    • N/A** Reviews Score
    • A AM Best Rate 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.
    • N/A J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.

    Why we chose it

    Some homeowners need more protection than others do. Shelter’s flexible homeowners policies enable you to choose a comprehensive policy, which covers most major perils, or a policy that allows you to pick and choose the perils for which you want protection. Shelter also offers an impressive selection of optional coverages for everything from boat docks to home-based businesses.

    Pros

    • Flexible coverage options
    • Claims-free discount
    • Inflation protection coverage

    Cons

    • Customer satisfaction ratings
    • Average financial strength
    Read More

    Discounts available

    • Claim-free discount
    • New home discount
    • Protective devices discount

    Unique features

    Shelter’s flexible homeowners policies enable you to choose protection against a comprehensive set of perils or only the ones you consider the greatest threat to your home. Shelter also offers a large selection of optional coverages, which can help offset the cost of fire department charges, cover fraudulent credit card charges, pay for debris removal, and much more.

    **Some providers don’t have enough third-party ratings to calculate a score.

    Average Cost of Homeowners Insurance in Montana

    The average annual premium in Montana is $1,081. However, it’s important to note that your actual amount varies greatly based on the age of your house and other factors. 

    Most carriers, particularly the ones that made our top list of recommendations, offer discounts in certain situations that may mitigate the cost of your premium. The most common one for all Montana residents is for bundling multiple policies under the same company.

    Home Insurance Add-Ons That Will Further Protect You

    Montana residents may not need to worry much about hurricanes, but they can be at risk for floods and wildfires. Your real estate agent can help you determine whether your home is located in a flood plain or other high-risk area, necessitating additional coverage for these events. 

    The Cheapest Homeowner Insurance Companies in Montana

    Homeowner  Insurance CompaniesAverage Annual Premium
    USAA$1,043
    AAA$1,070
    American Family Insurance$1,133
    Garrison Property & Casualty Insurance Company$1,191
    Encompass$1,326
    Shelter Mutual Insurance Company$1,692
    State Farm$1,751
    Allstate$1,869

    Cost of Homeowners Insurance by Age of Home

    Age of Home (years)Average Annual Premium
    5$1,442
    20$2,130
    35$2,147
    50$2,118
    Average Across Tiers$1,959

    Top 3 Cheapest Homeowners Insurance Companies in Montana

    • USAA – $1,043
    • AAA – $1,070
    • American Family Insurance – $1,133

    Top 3 Most Expensive Homeowners Insurance Companies in Montana

    • Allstate – $1,869
    • State Farm – $1,751
    • Shelter Mutual Insurance Company – $1,692

    Helpful Resources for Montana Homeowners

    The government of Montana has a website with resources for parents and teachers to talk with children about emergency preparedness for different natural disasters.

    Floods and wildfires are among the most common catastrophes that can impact Montana homeowners. Look at your surrounding geographic area to determine how at-risk you are for either of these natural disasters. We created a guide that can help you prepare for wildfires and an article to provide useful information in case your home is affected by a flood.  

    Homeowners Insurance FAQ

    Is homeowners insurance required in Montana?

    No, homeowners insurance is not required by state law in Montana. However, if you do still have an outstanding mortgage on your home or property, your lender probably requires you to carry insurance coverage. If you’re considering not getting coverage, ensure that’s okay with your lender before proceeding.

    What is the cheapest homeowners insurance in Montana?

    The actual rate you’ll pay for Montana homeowners insurance policies is heavily dependent on your home and your desired coverage needs. That being said, recent samples show that USAA, AAA, and American Family Insurance are the three least expensive homeowners policy companies in Montana.

    About the Authors

    Jason Lee is a seasoned writer with a passion for writing about insurance, banking, and personal finance. As a Las Vegas local and area business owner for a decade, he knows the ins and outs of the city better than anyone.

    Table Of Contents