Who Has Cheap Auto Insurance Quotes for a Company Car in Montana?

Who Has Cheap Auto Insurance Quotes for a Company Car in Montana?

One of the many components that is used by car insurance companies to calculate the price of your policy is the neighborhood you call home. Larger areas like Whitefish, Evergreen, and Polson tend to have higher rates, whereas areas with less congestion generally pay less for car insurance.

The following table sorts the most expensive areas in Montana for a company car to purchase a policy in.

Montana cities ranked by car insurance cost
Rank City Annual Rate
1 Whitefish $1,225
2 Columbia Falls $1,224
3 Evergreen $1,223
4 Kalispell $1,211
5 Polson $1,159
6 Livingston $1,158
7 Sidney $1,126
8 Miles City $1,125
9 Glendive $1,107
10 Lewistown $1,098
11 Havre $1,093
12 Anaconda-Deer Lodge $1,092
13 Butte-Silver Bow $1,088
14 Lockwood $1,072
15 Hamilton $1,068
16 Great Falls $1,057
17 Orchard Homes $1,053
18 Belgrade $1,053
19 Bozeman $1,045
20 Missoula $1,041
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Premium costs are estimated as vehicle location can alter coverage rates considerably.

The vehicle to be insured is a large consideration that determines whether or not you can buy cheap auto insurance for a company car in Montana. Vehicles with limited speed and performance, excellent safety ratings, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models. The list below outlines car insurance rates for some of the most budget-friendly vehicles to insure.

Cheapest Auto Insurance Rates for a Company Car in Montana
Vehicle Estimated Cost for Full Coverage
Honda CR-V LX 4WD $2,365
Ford Escape XLS 4WD $2,372
Chevrolet Traverse LS 2WD $2,417
Toyota Prius $2,618
Toyota Highlander 2WD $2,650
Hyundai Elantra GLS Touring Station Wagon $2,674
Chevrolet Impala LS $2,747
Ford Edge SEL AWD $2,757
Toyota Tacoma Double Cab 4WD $2,799
Subaru Forester X Limited Edition W/Navigation AWD $2,826
Hyundai Tucson GLS 2WD $2,840
Ford F-150 STX Regular Cab 4WD $2,903
Toyota Corolla S $2,951
Hyundai Santa Fe SE 4WD $2,956
Chevrolet Malibu LTZ $3,003
GMC Sierra SL Crew Cab 2WD $3,012
Nissan Altima Hybrid 4-Dr Sedan $3,003
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Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Montana minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Table data does not factor in vehicle garaging location which can lower or raise coverage rates substantially.

By looking at the data, we can assume that vehicles like the Honda CR-V, Ford Escape, Chevrolet Traverse, and Toyota Prius should be the cheapest vehicles to insure for your employer’s vehicle.

How to find a good Montana auto insurance company

Finding a good quality auto insurance company can be a challenge considering how many different companies sell coverage in Montana. The ranking information shown below can help you analyze which companies to look at shopping prices with. These ratings only include large, nationwide insurance companies, so companies that focus mainly on Montana business will not be included in the list.

Top 15 Auto Insurance Companies for a Company Car
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Progressive 84 91 93 87% A+ 89.5
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
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Data Source: Insure.com Best Car Insurance Companies

Which car insurance company is best?

When it comes to auto insurance for your employer’s vehicle in Montana, probably the best companies to start with are State Farm, Geico, Allstate, and Progressive. They all offer your standard coverages, but each one has different features and discounts that may influence your buying decision. The next table compares ratings and policy coverage options that may be available in your state.

Top Four Auto Insurance Companies Compared
State Farm Geico Allstate Progressive
Discounts Offered 3rd 2nd 1st 4th
Overall Satisfaction 4th 1st 2nd 3rd
Claims Service 2nd 3rd 1st 4th
Policy Cost 2nd 1st 4th 3rd
A.M. Best financial rating A++ A++ A+ A+
S&P financial rating AA AA+ AA- AA
New car replacement insurance No No Yes No
Roadside service Yes Yes Yes Yes
Accident forgiveness coverage No Yes Yes Yes
Mechnical breakdown No Yes No Yes
Rating based on usage Yes No Yes Yes
Uber and Lyft insurance Yes Yes Yes Yes
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How to find cheap auto insurance for a company car in Montana

Lowering your rates is not difficult, and here are some of the recommended money-saving solutions that can help Montana drivers buy low-cost coverage.

  • Raise physical damage deductibles
  • Full coverage is expensive so only insure older vehicles for liability only
  • Do not get tickets
  • Do not get into accidents that are your fault
  • Discounts for being claim-free can be substantial
  • Comparison shop frequently

The last item on the list is particularly vital, as we discussed in this piece. Prices can be adjusted at any time, so don’t be unwilling to buy a different policy if a lower-cost policy is available.

Staying with the same car insurance company is fine, but it isn’t a good idea if that devotedness results in you overpaying a small fortune year after year. It only take a few minutes to compare rates to find cheaper car insurance for a company car.