How Much Does Car Insurance Cost for Teenage Males in Montana?

The make and model of vehicle requiring insurance is probably the most important factor that determines whether or not you find cheap insurance for teenage males in Montana. Vehicles with limited top-end speed, an excellent safety record, or a positive history of liability claims will cost less to insure than fast, unsafe models. The next table illustrates insurance rates for a selection of the cheapest vehicles to buy insurance for.

Table data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Montana minimum liability limits. Discounts applied include safe-driver, and claim-free. Price estimates do not factor in zip code location which can change price quotes substantially.

Based upon the rates shown, you can conclude that vehicles like the Honda Accord, Honda CR-V, Ford Escape, Toyota Prius, and Chevrolet Traverse should be the most economical vehicles to insure for teen boys. Auto insurance rates will be more expensive because there is more liability exposure for teenage males, but overall those models will probably have the lowest insurance prices available.

One of the more important things used to determine a rate quote is your zip code. Areas with more people or more claims like Kalispell, Whitefish, and Polson are more likely to have higher rates, whereas areas with less crime or weather claims benefit from lower prices.

The following table rates the priciest cities in Montana for teenage males in which to buy car insurance.

Price information shown is comparative as the specific Montana residence address can alter coverage rates noticeably.

Do you need full coverage?

Finding cheap insurance for teenage males in Montana is probably important to the majority of people, and one of the quickest ways to lower the cost of insurance is to only buy liability insurance. The diagram below illustrates the comparison of car insurance costs with and without full coverage. The premium estimates are based on no tickets, no at-fault accidents, $250 deductibles, single marital status, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 5173,1739],[‘Age 30’, 2711,951],[‘Age 40’, 2665,879],[‘Age 50’, 2423,823],[‘Age 60’, 2343,809],[‘Age 70’, 2855,1085]]);var options = {title: ‘Comparison of Rates for Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Montana’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an overall average, physical damage coverage costs $3,028 per year over and above liability coverage. That brings up the question if you should buy full coverage at all. There is no clear-cut rule to delete physical damage coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.

For example, let’s say your vehicle’s replacement cost is $9,500 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $8,500 after the policy deductible has been paid. If you are paying more than $850 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

Discounts on Montana insurance rates

Insurers that provide cheap insurance for teenage males in Montana may have price discounts that could lower prices by 35% or more if you meet eligibility requirements. Larger car insurance companies and some of the premium reductions they offer are shown below.

The diagram below shows the difference between insurance prices with and without discounts being applied to the rates. The prices are based on a male driver, no violations or accidents, Montana state minimum liability limits, full physical damage coverage, and $1,000 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with anti-theft, paid-in-full, paperless filing, passive restraint, good student, and vehicle safety discounts applied. When these discounts are applied, the the average amount saved on car insurance for teenage males is % or $.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 16’, 7029,5015],[‘Age 30’, 2169,1567],[‘Age 40’, 2105,1519],[‘Age 50’, 1925,1389],[‘Age 60’, 1867,1347]]);var options = {title: ‘Insurance Premium Comparison for Teenage Males’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

How to get cheap insurance for teenage males in Montana

The list below details some money-saving suggestions that can help Montana drivers locate more affordable coverage.

• Safer vehicles cost less to insure
• Remain accident-free and save
• Do not get tickets or violations
• Raise your deductibles
• Clean up your credit
• Comparison shop at least every other year

That last piece of advice is highly crucial, as we noted in this article. Auto insurance rates in Montana fluctuate constantly, so drivers shouldn’t hesitate to switch companies if a lower price can be found.

Many consumers stick with the same company and that’s fine, but it’s not a good idea if it’s costing you major coinage every year. Now is a great time to compare prices to find cheaper car insurance for teenage males.

Best cheap insurance quotes for teen boys

There are a variety of different ways to find cheaper car insurance in Montana, but the most popular are from a non-exclusive or independent agent, an exclusive agency such as State Farm or Liberty Mutual, or direct either online or via phone. They all have the same basic principle, but they differ in how they provide price quotes.

Independent agents have contracts with many companies and can quote your policy with all of them. They can sell policies from many different companies and can provide multiple price quotes, which may give you the best chance of saving money. If a cheaper rate is found, your agent can switch companies and that require little work on your part.

Exclusive agents are only able to write business for one insurance company, two examples are Allstate or Farmers Insurance agents. Exclusive agents are unable to compare rates from other companies, which will not provide a complete price comparison.

Direct car insurance buyers bypass an agent and instead buy from a direct company like Progressive or Esurance. Buying direct may be good for families who do not need complex risk management and know the limitations of their policy.

So which way is best to buy cheap insurance for teenage males in Montana? It would be easy to say buying direct results in the best prices because you bypass the middleman, but in reality, that is not the case. A good argument could also be made that an independent agent guarantees the best prices due to having more companies to select from, but again, it’s not necessarily true. And sometimes, the exclusive agents may have prices that are the cheapest in Montana.

Because of the variability of car insurance rates, the only true way to buy the cheapest policy is to get quotes and compare. Industry experts recommend getting price quotes from all three to give yourself plenty of rates to compare. For a list of companies with online discounts, click here to view.