The words “bargain” and “insurance” probably shouldn’t be used in the same sentence, specifically when shopping around for the best car insurance for veterans. Because it’s so expensive, let’s open your eyes to some of the things that have an impact on car insurance prices, and come up with some ideas to shave a little off the next policy you buy.
Cost and performance of the vehicle on the policy is one of the largest considerations when comparison shopping for low-cost car insurance for veterans. Vehicles with high performance features, poor passenger safety features, or high incidents of liability claims will cost substantially more to insure than safer, lower-performance models. The lists below estimates car insurance premiums for a handful of the most budget-friendly vehicles to insure in Montana.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Malibu LS | $1,736 | $868 | $145 |
Ford Focus SE 2-Dr Coupe | $1,950 | $975 | $163 |
Ford Fusion Sport AWD 4-Dr Sedan | $2,030 | $1,015 | $169 |
Honda Accord LX 4-Dr Sedan | $1,464 | $732 | $122 |
Honda Civic LX 2-Dr Coupe | $2,116 | $1,058 | $176 |
Toyota Camry Hybrid | $1,990 | $995 | $166 |
Toyota Corolla XLE | $1,842 | $921 | $154 |
Volkswagen Jetta SEL 4-Dr Sedan | $1,882 | $941 | $157 |
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Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Montana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Rate information does not factor in specific Montana garaging location which can increase or decrease premium rates noticeably.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
BMW X5 3.5D AWD | $2,070 | $1,035 | $173 |
Chevrolet Suburban LT 2WD | $1,776 | $888 | $148 |
Chevrolet Traverse LS 2WD | $1,506 | $753 | $126 |
Ford Escape Limited 2WD | $1,506 | $753 | $126 |
Ford Explorer XLT 2WD | $1,630 | $815 | $136 |
GMC Acadia SLE 2WD | $1,630 | $815 | $136 |
Honda CR-V EX-L 4WD | $1,506 | $753 | $126 |
Honda Pilot LX 2WD | $1,630 | $815 | $136 |
Jeep Grand Cherokee Laredo 2WD | $1,736 | $868 | $145 |
Nissan Pathfinder LE 4WD | $1,776 | $888 | $148 |
Subaru Forester XT AWD | $1,798 | $899 | $150 |
Toyota Highlander Hybrid Limited 4WD | $1,922 | $961 | $160 |
Toyota RAV4 4WD | $1,736 | $868 | $145 |
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Montana minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Rates do not factor in vehicle garaging location which can change premiums considerably.
Make, Model, and Trim Level | Annual Cost | Semi-Annual Cost | Monthly Cost |
---|---|---|---|
Chevrolet Silverado 2500HD LTZ Crew Cab 4WD | $1,882 | $941 | $157 |
Chevrolet Silverado Crew Cab Hybrid 4WD | $2,030 | $1,015 | $169 |
Dodge Ram 2500 Crew Cab SLT 4WD | $2,178 | $1,089 | $182 |
Dodge Ram 3500 Mega Cab Laramie 4WD | $2,590 | $1,295 | $216 |
Dodge Ram Quad Cab SLT 2WD | $1,884 | $942 | $157 |
Ford F-150 Lariat Super Cab 4WD | $1,776 | $888 | $148 |
GMC Canyon SLE Ext Cab Z71 2WD | $1,694 | $847 | $141 |
GMC Sierra 2500HD SLE Crew Cab 2WD | $2,098 | $1,049 | $175 |
GMC Sierra SLE Extended Cab 4WD | $1,882 | $941 | $157 |
Toyota Tundra SR/5 Double Cab 4WD | $1,884 | $942 | $157 |
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Montana minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Price information does not factor in vehicle garaging location which can modify rates noticeably.
Trying to find reasonably-priced car insurance is not easy, and deciding which company has the most affordable auto insurance rates for veterans takes a bit more work. Each auto insurance company uses a little different formula to set their prices, so let’s take a look at the overall cheapest auto insurance companies in Montana.
Lowest Insurance Price Quotes for Vets
Rank | Company | Cost Per Year |
---|---|---|
1 | Safeco | $853 |
2 | Progressive | $951 |
3 | USAA | $1,055 |
4 | State Farm | $1,069 |
5 | MetLife | $1,151 |
6 | National Farmers Union | $1,240 |
7 | Allied | $1,348 |
8 | Farmers | $1,541 |
9 | California Casualty | $1,600 |
10 | GEICO | $1,740 |
11 | Allstate | $2,029 |
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Safeco may offer some of the most affordable car insurance rates in Montana at around $853 annually. Progressive, USAA, State Farm, and MetLife would also be considered some of the most economical Montana auto insurance companies.
As depicted above, if you are currently insured with State Farm and switched to Progressive, you may see savings of upwards of $118. Drivers with MetLife may save as much as $200 a year, and National Farmers Union policyholders might see rate reductions of $289 a year.
To get a quick, customized rate comparison, click here to get quotes or quote prices from the following companies.
These prices are averaged for all types of insureds and vehicles and do not factor in a rate decrease for veterans. So the auto insurance company that fits your needs best may not even be in the rate chart shown above. That illustrates why you need to get car insurance quotes using your own personal information and vehicle type.
If you want the best car insurance, four of the best places to start are Progressive, Allstate, Geico, and State Farm. If you put them all together, they insure nearly half of the entire U.S. auto insurance market. The table below ranks some of the ratings and options that may be available in Montana.
Progressive | Allstate | Geico | State Farm | |
---|---|---|---|---|
Discounts Available | 4th | 1st | 2nd | 3rd |
Claims Rank | 4th | 1st | 3rd | 2nd |
Overall Satisfaction | 3rd | 2nd | 1st | 4th |
Price Ranking | 3rd | 4th | 1st | 2nd |
U.S. market share | 8.8% | 10% | 11.4% | 18.3% |
Percent of customers who recommend | 88% | 86% | 87% | 88% |
Roadside assistance | Yes | Yes | Yes | Yes |
Accident forgiveness coverage | Yes | Yes | Yes | No |
Coverage for ridesharing | Yes | Yes | Yes | Yes |
Breakdown insurance | Yes | No | Yes | No |
New car replacement insurance | No | Yes | No | No |
Rating based on usage | Yes | Yes | No | Yes |
Insure in Montana | Yes | Yes | Yes | Yes |
Types of agents used | Buy online or from an independent agent | Allstate-only agents | From a Geico agent or online | Only from State Farm agents |
Number of agents | 30,000+ | 11,000+ | 150+ | 18,000+ |
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