Auto insurance rates in Montana have moved up 138% from 2005. This massive increase has put the average auto insurance premium in Montana at $1,629 as of the second quarter of 2008. As prices continue to rise consumers are looking for more ways to save on their auto insurance. One of the most overlooked ways is by comparison shopping. Experts conclude that by comparing car insurance rates from different insurance companies consumers can cut their insurance expenses down dramatically.
Montana Auto Insurance Coverage Requirements
Having basic auto insurance coverage in Montana is the law. All drivers must have the minimum amount of coverage for the following types of insurance:bodily injury liability and property damage liability. The minimum for bodily injury per person is $25,000, while the minimum for bodily injury per accident is $50,000. For property damage liability the minimum coverage requirement is $10,000.
To learn more about the various types of coverages and how they work read Types of Coverages.
Get More Information on Montana Auto Insurance
For additional information contact the Montana Department of Insurance.
Web site: sao.mt.gov
Montana State Auditor’s Office
840 Helena Avenue
Helena, MT 59601