Cheap Car Insurance in Montana
Montana is Big Sky Country with beautiful open vistas and thousands of miles of roads. For drivers who want to save money on insurance, there is a simple way to purchase cheap car insurance in Montana. Shopping online to compare rates can save a substantial amount of time. You could get a great policy at a price you can live with.
Auto insurance is the law for drivers in Montana. Drivers have a wide variety of types of coverage to choose, and some are required. Liability insurance is required in Montana, and collision insurance covers damage to vehicles, keeping the car’s value at its maximum.
And for those searching for cheap auto insurance in Montana, remember that adding optional coverage such as personal injury protection and uninsured motorist protection often costs only a few extra dollars.
Minimum Montana Limits
Start by thinking about liability insurance, which all Montana drivers must carry. State law requires a minimum of $25,000 coverage for any one person injured in an accident caused by the policyholder, and $50,000 coverage to reimburse costs resulting from accidents to more than one person. And the coverage must also include a vehicle damage protection of at least $10,000.
The true cost savings come when this required liability coverage is combined with other types of protection such as personal injury protection and collision/comprehensive insurance. The more types of coverage included in the policy, the less expensive each type becomes.
Adding Collision And Comprehensive Insurance
Montana does not require this type of insurance on vehicles, but lending companies do. If a car is being paid off through an auto loan, the lender will ask for proof of collision insurance as a way of protecting the value of the car. Choosing this type of coverage means looking at a number of quotes and finding out which company offers the best price combined with the most favorable deductible agreement.
When comparing online insurance quotes, Montana drivers should look carefully at the deductible amounts on collision insurance. The deductible is the amount the policyholder will be asked to pay if he or she is involved in an accident resulting in damage to the vehicle regardless of fault.
For example, if a policyholder is involved in a collision where there is $1,000 in property damage to his or hers vehicle and the deductible is $500, the owner will have to pay $500 out of pocket for repair costs.
Down Payments And Monthly Premiums
Another good reason to compare online quotes is to determine how much will have to be paid up front to activate the policy. Some insurance companies have a monthly payment installment with no down payment, while others require approximately two months worth of premiums in order to effect the policy.
However, the more types of coverage included in the policy combined with a larger down payment may actually result in a 6-month or one year policy that cost somewhat less than if the vehicle owner pays only the first month premium in order to get the policy activated.
Compare Montana Auto Insurance Rates
When shopping for cheap car insurance in Montana, keep in mind that the initial quotes are based on just a few pieces of information, and with a little extra research, greater savings may be revealed. Enter your zip code now to get free online quotes and find out how much can be saved on every type of insurance package available.