Billings Insurance Rates:

Billings, MT homeowners insurance is roughly $657 to $888, about $54-$74/month. Our exhaustive guide reveals consumers can save as much as $309 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Find the Best Homeowners Insurance in Billings, MT

Billings, MT homeowners are paying an average of $1058 in home insurance each year. Factors that affect the cost of a policy include home value,coverage type, deductible and age or the material used to build your house. There are different ways to reduce the homeowners insurance cost, and the easiest way is to choose a higher deductible. Below is the summary of average home insurance costs available to Billings  homeowners based on the deductible and other variables.

Billing, MT Homeinsurance Cost for Different Deductibles


Deductible is the amount of money that an homeowner pays out of pocket before the  policy begins paying out the claim. Choosing a higher deductible means lowering the potential benefit, which in turn makes the policy less valuable and therefore cheaper. Homeowners in Billings  can get $759.94 worth of coverage for as little as $2500 with an attractive discount available by opting for higher deductibles.Homeowners receive insurance for $808.1 and $890.2 respectively, on deductibles $2000 and $1500.

Age of the home is an important variable to decide the home insurance cost.Older homes are more likely to have structural damages that increases the risk and thus increases the premiums. Billings, MT homes older than 40 and 50 years old pay $1086 and $1098 respectively. On the other hand newly built homes are less prone to damage and home insurance companies offer substantial discounts to newly constructed homes. For instance newly constructed homes in Billing can avail lower insurance of $762.

The cost of home insurance is determined based on factors such as construction type. For example, a fire-resistant house will make your average annual premium significantly lower at $910 per year in Billing due to the risk of damage from fires or other combustion reactions. Homes built with Masonry and Brick can receive an average price for homeowners' insurance coverage in Billing starting at $1005. Whereas homes built with superior and hail resistant roofs attract a higher amount $963 and $1037 respectively.

Homes built with special features are likely to attract a higher amount of premium than the state average. For instance, homeowners in Billing pay $1079 of premium for installing a swimming pool. In addition, if the swimming pool comes with a diving pool or slide, home owners can avail insurance of $1,111 and $1,121 respectively.Although most of these factors are not in your control, there are other factors such as credit score, you can control. Credit score is a rating calculated and used by insurance providers that represents the chances of an individual filing a claim while under coverage.Homeowners with high credit scores are likely to get lower rates from the Insurance companies.

Tips For Choosing the Cheapest Billings, MT, Home Insurance Companies

Homeowners in Billings, Montana, pay an average home insurance rate of $1,058. However, the cost of home insurance in Billings varies widely depending upon several variables. Homeowners need to understand these factors in order to reduce their home insurance rates and pick the cheapest home insurance company.


Comparing Quotes

Home insurance providers consider different parameters before determining home insurance rates. As a result, the quotes offered to homeowners differ from one insurance company to another. Billings homeowners are advised to compare quotes from multiple home insurance companies to choose the cheapest one for their coverage requirements.

Deductibles Vs. Home Insurance Rates

Home insurance companies provide homeowners with the option of choosing a deductible based on their needs. Homeowners can reduce their home insurance rates by paying a one-time high deductible. The percentage of reduction in home insurance rates for a given deductible differs from one insurance company to another. Billings homeowners are recommended to choose the home insurance company that offers the highest price reduction for their deductible.

Add-on Policies

Home insurance agents work with homeowners to understand individual needs and suggest appropriate add-on policies. These policies are in place to cover items or damage caused due to specific reasons. The add-on policies include pet insurance, flood insurance, collectibles insurance, and earthquake insurance.

Available Discounts

Home insurance companies offer numerous discounts to homeowners to help lower the cost of insurance. Apart from the lifestyle choices of residents, home insurance companies also offer discounts based on the safety measures implemented by homeowners. Considering the specific features of their home, Billings homeowners are advised to choose the home insurance company that offers the highest discount for their coverage needs.

Claims History of Homeowners

If home insurance companies find repetitive claims or a pattern in filing claims, the home insurance rates for such homeowners can increase drastically. On the other hand, homeowners receive discounts on home insurance rates if they have a claims-free history. Billings homeowners should choose home insurance companies that are liberal in determining home insurance rates based on the claims history.

Billings, MT Homeowners Insurance By Home Value

Billings, MT Home Value Total Homes % of Total Average Billings, MT Homeowners Insurance
Less than $50,000 2,656 9.0% $108
$50,000 to $59,999 330 1.0% $231
$60,000 to $69,999 348 1.0% $286
$70,000 to $79,999 285 1.0% $332
$80,000 to $89,999 422 1.0% $371
$90,000 to $99,999 412 1.0% $417
$100,000 to $124,999 2,270 8.0% $486
$125,000 to $149,999 3,218 11.0% $610
$150,000 to $174,999 4,981 17.0% $718
$175,000 to $199,999 4,389 15.0% $827
$200,000 to $249,999 4,641 16.0% $997
$250,000 to $299,999 2,519 8.0% $1221
$300,000 to $399,999 1,745 6.0% $1553

Top Home Insurance Agents Near Billings, MT

Home Insurance Company Near Billings, MT Homeowners Insurance Agency Near Billings, MT Address
NA Key Insurance Of Roundup Inc 437 Main Street, Roundup, MT, 59072
State Farm Ed Smith 1655 Shiloh Rd Ste B, Billings, MT, 59106-1726
Farmers George Schmalz 1211 24th St W Ste 5, Billings, MT, 59102
Allstate Mandeville Insurance 130 S PRATTEN ST, COLUMBUS, MT, 59019
Allstate Peggy D. Schneider 2646 Grand Ave Ste 3, Billings, MT, 59102

Billings, MT Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Billings, MT

Streets in Billings Area Homeowners Insurance Cost
Northridge Cir, Sanford St, Discus Cir, Nordbye Ln, Highwood Cir, Southgrove Pl, Claim Jumper Ln, Juneau Dr, Tepee Trl, Park Ridge$755
Goldstrike Dr, Conway St, Ronan Dr, Wendimere Ln, Wild Rose Ave, S Lakeview Dr, S 34th St, S 23rd St, Beverly Ln, Irving Pl$783
Brook Hollow Dr, Industrial Ave, Harmon Ln, Yellowstone River Rd, Full Moon Dr, Lamar Dr, Granger Ave S, Lily Valley Cir, 22nd St W, Swallow Ln$787
Park Ln, Breeds Hill St, McDougall Dr, Fair Park Dr, Centennial St, Smokey Ln, Kluge Ln, Coach Cir, Maywood Dr, Flora Ave$777
Maine St, Greenspring Pl, Colt Trl, Concord Dr, 6th St W, Governors Blvd, Augsburg Drive A, Belknap Ave, Alta Vista Ave, Angel Ln$785
River View Dr, Wentworth Dr, Saddle Ln, Bridle Path Rd, S 33rd St, Carbon St, 27th St W, Waverly Dr, 11th Ave S, Golf Dr$783
Chancery Ln, Terminal Cir, Labrun Ln, S Daffodil Dr, Weil St, S 22nd St W, 11th St W, Pryor Ave, Stinson Ave, Becraft Ln$766
Old Hwy 87, S Mariposa Ln, Millice Ave, N 7th St, Castle Stone Ave, S 27th St, Ruby Range Way, Mecca Dr, Wingate Ln, Swan Ln$808
Thrush St, Westlake Cir, 16th St W, Belknap Ave, Monroe St, 38th St W, Overland Ave, State Ave, 10th Ave S, Ashley Ct W$761
Grecian Way, Nimitz Dr, Vida Ln, Dorothy Ln, 8th Ave N, Surrey Cir, Summerwood Cir, Pemberton Ln, Highwood Dr, Big Sky Country Cir$797

Billings, MT Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Billings$115 to $117
South Yellowstone$117

Billings, MT Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Lockwood CDP, Montana $96 $127 $191
Laurel CCD, Yellowstone County, Montana $97 $129 $194
Shepherd CCD, Yellowstone County, Montana $97 $129 $193

Billings, MT Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Billings, MT5.1%16.7%

Billings Renters Insurance as a Percentage of Rent

Billings Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 371 2.0% $347
$200 to $299 621 3.0% $797
$300 to $499 2,102 13.0% $1247
$500 to $749 5,772 36.0% $1922
$750 to $999 4,348 27.0% $2672
$1,000 to $1,499 1,769 11.0% $3797
$1,500 or more 628 4.0% $5447

Average Cost Of Home Insurance By Company In Areas Nearby Billings For Different Scenarios

Home value ($) Age of home (years) Pets Company Average homeowners insurance premium ($)
180,000 40 NA Allstate Vehicle & Property Ins. Co. 1,511
300,000 5 Miniature poodle Allstate Vehicle & Property Ins. Co. 1,346
350,000 50 NA Allstate Vehicle & Property Ins. Co. 1,664
180,000 40 NA Csaa Insurance Group 1,227
250,000 20 Golden retriever Farmers Insurance Exchange 2,216
250,000 20 Golden retriever Safeco Insurance Co. Of America 1,338
300,000 5 Miniature poodle Safeco Insurance Co. Of America 1,593
180,000 40 NA State Farm Fire And Casualty Co. 2,337
250,000 30 Labrador retriever Usaa Casualty Insurance Co. 1,186
300,000 5 Miniature poodle United Services Auto Association 838

Billings, MT Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Billings Homeowner Insurance Premium Example $1,200$1,000
Out of Pocket Expense During Claim$800$1,800
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $10,400$9,800
Net Savings to Billings Home Owner from High Deductible Plan $600

Billings, MT Home Insurance Costs With Home Replacement Value Scenarios

Scenario Billings, MT Home Replacement Value MORE than Home Value Billings, MT Home Replacement Value LESS than Home Value
Replacement Value $292,000 $177,000
Insurance Premium based on Replacement Value $1,225 $750
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $68,500 Risk Exposure from Under Insuring Coverage is $46,500
Premium Impact Insurance cheaper by $200/year Insurance costlier by $275/year

Example Billings Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Liberty MutualAllstateTravelers
Monthly Premium 1234449
Year Built 199319812010
Home Details 5 Beds, 4 Baths3 Beds, 1 Baths2 Beds, 1 Baths
Coverage Amount $350000-$400000$125000-$150000$150000-$175000
Deductible $2500-$5000 Deductible$2500-$5000 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Billings, MT from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2012 220,000 Wood Shake Roof 2,250 4 $500- $1000 Deductible 670 9 Vinyl siding yes
1994 160,000 Slate Shingles Roof 1,800 4 $5000 to $10,000 Deductible 60 1 Stucco siding yes
1962 130,000 Metal Roof 1,170 2 $2500-$5000 Deductible 160 4 Brick siding yes
2000 235,000 Shingles Roof 2,200 4 > $10,000 Deductible 50 1 Stucco siding No
1975 135,000 Shingles Roof 1,230 2 $500- $1000 Deductible 40 1 Stone Siding No
1989 150,000 Shingles Roof 1,630 2 $1000-$2500 Deductible 580 10 Vinyl siding yes
1969 280,000 Tile Roof 2,890 4 > $10,000 Deductible 760 12 Brick siding No
2001 170,000 Composition Roof 1,430 3 $2500-$5000 Deductible 390 8 Vinyl siding No
1981 210,000 Membrane Roof 1,980 3 $5000 to $10,000 Deductible 50 1 Brick siding yes
2009 305,000 Tile Roof 3,140 5 > $10,000 Deductible 730 12 Brick siding No
2000 240,000 Shingles Roof 2,910 4 > $10,000 Deductible 300 6 Fiber-Cement Siding No
1979 135,000 Asphalt Shingles Roof 1,510 2 $500- $1000 Deductible 320 5 Stone Siding yes
1968 205,000 Wood Shake Roof 1,780 2 $500 Deductible 350 4 Fiber-Cement Siding No
1965 185,000 Shingles Roof 1,880 4 $2500-$5000 Deductible 340 8 Fiber-Cement Siding yes
1979 145,000 Shingles Roof 1,640 2 $1000-$2500 Deductible 210 4 Wood siding No
2007 260,000 Shingles Roof 2,230 3 $2500-$5000 Deductible 410 5 Wood siding No
1981 120,000 Wood Shake Roof 1,070 2 $2500-$5000 Deductible 470 12 Wood siding No
1963 160,000 Tile Roof 1,720 3 $2500-$5000 Deductible 290 6 Brick siding No
1983 470,000 Tile Roof 4,400 5 $500- $1000 Deductible 240 1 Vinyl siding yes
1996 145,000 Asphalt Shingles Roof 1,700 4 $500- $1000 Deductible 180 3 Vinyl siding yes
1987 270,000 Wood Shake Roof 2,410 4 $1000-$2500 Deductible 560 4 Vinyl siding No
1989 215,000 Tile Roof 2,390 3 $500- $1000 Deductible 100 1 Wood siding No
1988 430,000 Wood Shake Roof 3,790 5 $500- $1000 Deductible 1090 6 Wood siding No
2001 205,000 Membrane Roof 2,480 5 $500- $1000 Deductible 870 9 Stone Siding yes
1965 460,000 Slate Shingles Roof 4,850 5 $2500-$5000 Deductible 130 1 Vinyl siding yes
1963 290,000 Shingles Roof 2,380 4 $500- $1000 Deductible 440 4 Wood siding yes
1979 85,000 Asphalt Shingles Roof 920 2 $500 Deductible 80 2 Wood siding yes
1995 175,000 Metal Roof 1,750 4 $500 Deductible 230 3 Vinyl siding No
1975 215,000 Slate Shingles Roof 1,790 4 $2500-$5000 Deductible 330 4 Wood siding yes

Latest Home Insurance Reviews

I would recommend it to other people who like me want to protect their home but don't want to pay huge monthly payments on homes that they likely won't own for extended amounts of time.
State Farm
Their customer service is so good, I have a local agent so I can call them anytime or even stop in the office. It's way better than having to call an 800 number from somewhere.
Farm Bureau
They are open for limited hours. i know they are not that busy but i'd like to know that i could get hold of them if i need to file a claim during off hours.
Safeco Insurance
Safeco is part of the much larger Liberty Mutual family of companies. As such, they have vast underwriting and market knowledge from which to draw to ensure pricing and underwriting make sound decisions.
Farm Bureau
They have always been helpful and fast service. They were extremely helpful when we went to buy our first home in setting it all up for us. We also have our Auto insurance through the same local company.
We chose Geico because we have car insurance with them already. Their pricing on our home insurance seemed competitive based on the limited research that we did. We are happy with the deductible.
It is very good company because it has positive and negative things but we know how to recover the good things that are found
State Farm
This is the only home insurance that I have ever had and it works for me.The are competive for the district the house is in I guess.
yes it is good and I want to recommend and good customer care representatives.
I called my insurance early this week to ask a question about pricing. I spoke with a very nice lady that talked my through what I needed to know.they would be no where with out me as a customer.
Liberty Mutual
The survey isn't bad at all. Just a quick summary of each of my key points during my home insurance experience is great to share.
State Farm
I'm satisfied because my policy covers flood, break ins, as well as other misc. damages that might come with owning a home, at a relatively low price that is affordable for my family and make changes based on what I want.
State Farm
State Farm offers some of the bet priced home and renters insurance policies, but it exchange for the lower rate. customer give up access.
My insurance company seems pretty straightforward and their prices are reasonable, not outstanding, but reasonable. i like their option plans as well.
State Farm
My insurance provider is more expensive than other competitors and i have a question does the cost is justified for the service they provide.
Liberty Mutual
Liberty Mutual has the lowest rate that we could find and they are very personable. I was able to do all of the application and document signing online and yet I was still able to speak with a local gentleman that knew the area. I love the website
State Farm
As a whole they made my application process smooth. I did everything over the phone asking a series of questions and they had questions for me to see if I qualify for discounts which I did qualify for.
I think the premium is normal, however, I have made 2 claims that were less than my premium.
Farm Bureau
The agent is available when needed and claims are processed within a week. It is excellent service.
Farmer's Insurance
While the website is clean, the user-friendliness it's not. The payment page is confusing and takes some time getting used to. The layout of the policy also makes it confusing
The company is a well known company. They provide excellent service. My point of contact is easy to talk to and is very knowledgeable. If I have any questions or concerns, my questions are answered quickly and thoroughly.
I think this is a superior company with high-quality coverages and a good reputation in the industry.
I am happy with our premium, deductible and what our insurance covers. I have nothing else to compare for my rating since we've never filed a claim before.
I like that in spite of their mistakes they are people who correct and improve to give a better service to people
State Farm
I don't like the company actually the company does the stupid app does not even make sense about it I did you still want to work there I think within their computers are doing something with computers but since then and I guess as my hatred towards everything that's career based and a polo I'm I do not seem to like a State Farm.
State Farm
State Farm
I would recommend this company to other homeowner's as our agent has treated us well. This company has a fairly good national reputation that gives me confidence that they would process any claims fairly.
Farmer's Insurance
I recommend if this fits for you. great customer service, good price, very clear explanation of the coverage. also, they have a variety of others policy that can offered you a great discount for stacking.
Farm Bureau
I would recommend this company because they are friendly ,don't push you and more cost friendly. The policies are better than most and they stand by what they sell you.
State Farm
I would definitely recommend State Farm for your home insurance needs. They have been in the business for several years and will knock your socks off with their customer service.
Farm Bureau
I give my insurance company a 4 in regards to customer service. They are helpful and patient any time I call or stop by and the ability to use online resources is convenient.
The Hartford
I like the company because I am saving money overall, they have a long-term good reputation and their customer service is excellent.
State Farm
They are a little too pricey and don't try to see what they can do to lower the cost or increase your coverage. Overall very average and corporate.

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