Best Homeowners Insurance in Montana (2024)

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Updated: December 4, 2024

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Chubb stands out as Montana's premier home insurance company, though the best one for you depends on your diverse needs. For cost-conscious homeowners, Chubb is also the most economical choice, excelling for both affordability and the needs of new homeowners with more modest homes.

Unless specified, quotes were gathered using a $100,000 dwelling coverage limit. The premium you pay is impacted by the amount of dwelling coverage you need. We also scrutinized the cheapest home insurance in Montana if you prioritize cost over service quality.

Key Takeaways

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In Montana, Chubb reigns as the best overall homeowners insurance provider, earning a MoneyGeek score of 99 out of 100, thanks to its combination of affordability and high-quality service. For those considering alternatives, Nationwide is a respectable runner-up with a score of 94 out of 100. Homeowners are encouraged to evaluate their specific needs to determine the most suitable policy, balancing cost and coverage to achieve optimal security and peace of mind.

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In Montana, Chubb emerges as the most affordable homeowners insurance provider, with premiums of $614 per year, while still maintaining exceptional service quality. If affordability is your priority, Chubb is your go-to choice. Nationwide comes in as a strong runner-up, providing a solid alternative for homeowners seeking a dependable insurance solution.

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For the best homeowners insurance provider in Montana when it comes to customer service, Chubb stands out with a MoneyGeek score of 99 out of 100, offering excellent service and affordability at $614 per year. The runner-up is Nationwide, with a MoneyGeek score of 94 out of 100, priced at $961 per year. Homeowners in Montana should consider these options to secure effective service and peace of mind, especially during challenging situations like property damage claims.

Why Trust MoneyGeek? Our team has meticulously compiled data from the Montana Department of Insurance and Quadrant Information Services to present top-tier homeowners insurance options in Montana.

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Home insurance rates in Montana represent the latest quotes as of July 2024.

691,200Quotes Analyzed
 
8Companies Compared
 
5ZIP Codes

Overall Best Homeowners Insurance in Montana

The best home insurance in Montana is from Chubb, offering impeccable service and coverage.

  • Chubb: MoneyGeek score of 99 out of 100 ($614 per year)
  • Nationwide: MoneyGeek score of 91 out of 100 ($961 per year)

Homeowners should consider an insurance solution that strikes the optimal balance between affordability and reliable service, catering specifically to their individual requirements. Careful consideration ensures that you receive the best value and peace of mind from your insurance.

Company logo for Chubb
Best OverallChubb
MoneyGeek Score:
99/ of 100
Overview

Chubb earned perfect scores in affordability and customer satisfaction. Its annual premium is $615.

Chubb offers cash settlement, an add-on allowing homeowners to receive cash in the event of a total loss instead of reconstruction. Risk consulting, provides complimentary, custom evaluations to minimize risks and enhance safety, which can be extremely beneficial for protecting valuable assets.

Best Homeowners Insurance in Montana for Customer Service

Chubb is the best home insurance company in Montana in terms of service quality.

  • Chubb: MoneyGeek score of 96 out of 100 ($614 per year)
  • Nationwide: MoneyGeek score of 86 out of 100 ($961 per year)

Service quality in a home insurance provider is paramount to ensuring timely support and problem resolution. Homeowners should prioritize this to secure a swift and efficient response when issues like property damage arise, such as in the case of a sudden storm damaging the roof.

Company logo for Chubb
Best for ServiceChubb
MoneyGeek Score:
96/ of 100
Overview

Chubb earned a perfect customer satisfaction score, indicating exceptional service quality. The average annual premium for its policies is $614.

Chubb offers the cash settlement option, enabling homeowners to receive a cash payout in the event of a total covered loss instead of rebuilding. Another valuable offering is risk consulting, which provides homeowners with expert advice to mitigate potential risks to their property. These benefits can provide financial flexibility to homeowners in times of need.

Best Cheap Homeowners Insurance in Montana

Chubb is the go-to for affordable home insurance in Montana for those on a budget, offering an attractive combination of value and quality.

  • Chubb: MoneyGeek score of 99 out of 100 ($614 per year)
  • Nationwide: MoneyGeek score of 94 out of 100 ($961 per year)

Although cheaper premiums are a key priority, the lowest cost might not always equate to the most effective service. For instance, when you compare the average cost of home insurance in Montana, seeking a provider that strikes the right balance between cost-saving and high-quality service can prove significantly beneficial in scenarios such as swift and fair claims processing.

Company logo for Chubb
Best CheapChubb
MoneyGeek Score:
99/ of 100
Overview

Chubb stands out as an exceptional choice for homeowners in Montana seeking budget-friendly home insurance, featuring an average annual premium of $614.

Chubb provides a variety of common and reasonably common discounts, enhancing the affordability of premiums. The company offers discounts for using protective devices and maintaining a claims-free record. Protective device discounts reward homeowners for installing safety measures like alarms, while claims free discounts are offered to those who have not filed claims over a certain period, fostering proactive home care and safety.

Best Homeowners Insurance in Montana for Expensive Homes

Chubb is the best choice in Montana for those with expensive homes seeking quality home insurance. These providers offer the best policies for homeowners needing $1 million in dwelling coverage:

  • Chubb: MoneyGeek score of 99 out of 100 ($3,958 per year)
  • State Farm: MoneyGeek score of 90 out of 100 ($6,513 per year)

Chubb has a high affordability score, noteworthy for expensive homes that often necessitate higher coverage levels, influencing premium costs. It’s important to find a provider like Chubb that delivers an optimal mix of affordability and high-quality coverage for homeowners.

Company logo for Chubb
Best for Expensive HomesChubb
MoneyGeek Score:
99/ of 100
Overview

Chubb is the best provider for homeowners with high-value properties in Montana, boasting a high affordability and an average annual premium of $3,959. Discounts like protective device, which rewards heightened security in your home, further reduce costs.

Enhance your policy with Chubb's guaranteed replacement cost, ensuring full home rebuild regardless of policy limits, and back-up of sewer or drain coverage, protecting against water damage from sewer or drain backups.

Best Homeowners Insurance in Montana for New Homes

Chubb offers the best home insurance in Montana for new homes. For homeowners seeking substantial dwelling coverage of $500,000, the top home insurance providers deliver value and protection.

  • Chubb: MoneyGeek score of 91 out of 100 ($1,816 per year)
  • Nationwide: MoneyGeek score of 79 out of 100 ($1,328 per year)

With high affordability and service scores, Chubb ensures Montana homeowners receive a harmonious mix of cost-effectiveness and reliable service. This combination provides peace of mind for new homeowners looking for comprehensive coverage.

Company logo for Chubb
Best for New HomesChubb
MoneyGeek Score:
91/ of 100
Overview

Chubb is the best home insurance provider for new homes in Montana with a high affordability score complemented by an average annual premium of $1,816. The guaranteed replacement cost coverage ensures your home will be rebuilt to its original quality, even if costs exceed your policy limit.

Chubb offers valuable options like the new home discount and the home renovation discount, exclusive opportunities for savings. Homeowners can benefit from reduced rates for owning a newly constructed house or for recently renovating their property, ensuring protection aligns with current standards.

Best Homeowners Insurance in Montana for Veterans

Chubb is the best home insurance provider in Montana for military members. Its annual premium is $614.

  • Chubb: MoneyGeek score of 93 out of 100 ($614 per year)
  • USAA: MoneyGeek score of 92 out of 100 ($1,244 per year)

An ideal veterans' homeowners insurance company acknowledges their distinct lifestyle, including frequent moves and deployments, ensuring comprehensive home and property security no matter what life throws their way.

Company logo for Chubb
Best for VeteransChubb
MoneyGeek Score:
93/ of 100
Overview

Chubb stands out in Montana for its commitment to serving veterans, with high affordability and customer satisfaction scores, coupled with an average annual premium of approximately $614. Its guaranteed replacement cost coverage ensures that homes are rebuilt to their original glory regardless of policy limits. Such coverage is vital for safeguarding your investment against total losses.

Discounts that benefit veterans include the protective device discount, which rewards the installation of safety features like smoke detectors and security systems, and the home renovation discount, acknowledging upgrades to electrical, heating, or plumbing systems. These incentives reward proactive measures and home improvements, making comprehensive home protection more attainable for veterans.

How to Find the Best Homeowners Insurance in Montana for You

Finding the best homeowners insurance involves identifying providers who strike the right balance between comprehensive coverage and affordable premiums, coupled with exceptional customer service. Your individual needs dictate the ideal insurance for you, such as coverage limits or additional protections. Next, we present steps to help guide your selection process, ensuring you make an informed decision that aligns with your unique requirements.

  1. 1

    Assess Your Insurance Needs

    Evaluate the specific insurance requirements for your property. Take into account the value of your home, belongings and how much home insurance coverage you need.

  2. 2

    Research Various Providers

    Investigate a range of insurance companies. Look into their reputations, coverage options, and customer service records. Focus on providers that are known to offer reliable and comprehensive homeowner’s insurance policies.

  3. 3

    Compare Coverage and Costs

    Analyze the insurance market to scrutinize the plans and rates. Listing out the benefits versus the premiums can be beneficial. For an efficient cost comparison, you can compare home insurance quotes to see which offers the most value.

  4. 4

    Understand the Policy Details

    Discern the particulars of each policy. Determine what is and isn't covered, understand the deductibles and get clarity on policy limits. Grasping the fine print will help you avoid surprises in case of a claim.

  5. 5

    Consult with an Independent Agent

    Dialogue with an independent insurance agent can provide additional clarity. They have the expertise to navigate through the nuances of different policies and can assist you in selecting the one that best meets your needs.

FAQ: Homeowners Insurance in Montana

Finding the best homeowners insurance provider in Montana hinges on your individual needs and preferences. This FAQ on Montana's top homeowners insurance providers can help you make an informed decision.

Which insurance company is best for home insurance in Montana?

Who has the most affordable homeowners insurance in Montana?

About Mark Fitzpatrick

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Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.

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