For residents of Montana, car insurance coverage is mandated by state law. Montana drivers must have at least the minimum level of car insurance in place, but they are free to buy additional coverage if they wish.
This state is a tort state, which means that drivers are responsible for any damages or injuries they cause in an accident. Drivers here must show proof of insurance to be licensed. The Montana car insurance minimum levels of coverage that you are required to carry are 25/50/10.
This means that you must have $25,000 in coverage for individual bodily injuries and $50,000 for all injuries sustained by all individuals injured in the accident. In addition, you must have $10,000 in coverage to pay for damage to property. Property in this instance includes the other vehicle, fences, sheds, mail boxes, and sign posts.
Factors that Determine Rates
Montana car insurance rates are set by insurance companies after they consider several factors. Your premium will be partly determined by the following:
Your age makes a difference because insurance companies consider younger drivers to be a higher risk than ones who have more experience on the road. No matter what your age, having a poor driving record will drive up your rates. If you choose to drive a vehicle that has a record of being stolen often or is expensive to repair, your insurance company will consider you to be a higher risk and you will be charged accordingly. The neighborhood where you live has an impact on rates as well. Living in an urban area may drive up your insurance costs, since more car thefts tend to occur in cities.
How to Get Lower Car Insurance Rates in Montana
No one wants to pay more than they have to for their car insurance, and Montana residents are no exception. If you want to save money on your policy, you may want to consider taking a defensive driving course. Courses are available online, so you can work through the materials from anywhere that has an Internet connection at a time that is convenient to you.
Many insurance companies offer discounts to customers who have multiple policies with the company, so you may want to get a quote from the company where you have your house or apartment insurance. Let your insurance agent know how much driving you do each year because low annual mileage may qualify you for a discount. Additionally, it may make sense to take public transit more often and leave your car at home.
When you are looking for the best rates for Montana car insurance, it definitely pays to shop around. Your existing company may not give you the best rates - and it pays to get quotes from several companies before making a decision.