Average homeowners insurance cost in Great Falls, MT

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In Great Falls, homeowners pay an average annual rate of $3,460 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to Insure.com’s rate analysis. This is $878 more than the national average of $2,582.

Homeowners insurance premiums can vary significantly from one property to another. In Great Falls, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

It’s crucial to compare quotes from multiple insurers to ensure you get the best homeowners insurance policy. This allows you to find the coverage that meets your specific needs.

Read this guide to discover the monthly homeowners insurance cost in Great Falls, explore the insurance costs for different dwelling coverage, and find out which companies offer affordable home insurance in Great Falls.

Key takeaways

In Great Falls, homeowners insurance costs $3,460 annually.
Chubb Ltd offers the most affordable homeowners insurance in Great Falls with an average annual premium of $1,462.
If you increase your dwelling coverage from $200,000 to $300,000, your annual home insurance premium will be $839 higher.

Average homeowners insurance cost in Great Falls per month

According to Insure.com’s rate analysis, residents of Great Falls pay an average of $288 per month for homeowners insurance. This is $16 more than the state average of $272 and $73 more than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Great Falls can vary depending on your location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house in Great Falls

The average cost of homeowners insurance in Great Falls, MT is $2,621 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The amount you pay for home insurance each year depends on many different things. The types of natural disasters or events that take place in your area affect how much you pay for coverage in your city.

Some areas are more at risk for natural disasters, like flood, hurricanes, or tornadoes. This means that if something happens, the cost of rebuilding would be higher in those areas, thereby leading to higher insurance premiums. Your insurance policy might not cover damage caused by floods or hurricanes. So, if you live in a flood-prone area, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house in Great Falls

According to a rate analysis by Insure.com, homeowners in Great Falls pay an average of $3,460 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $839 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home.

However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in Great Falls by company

After evaluating several carriers, Chubb Ltd is the least expensive homeowners insurance provider in Great Falls. It’s average annual rate for homeowners in Great Falls is $1,462.

Nationwide holds the second position, while State Farm secures the third spot with an average annual home insurance rate of $2,228.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in Great Falls and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in Great Falls and their average annual premiums.

Home Insurance Company	Annual rate
Chubb Ltd	$1,462
Nationwide	$2,198
State Farm	$2,228
Allstate	$3,152
Farmers	$3,709
Travelers	$8,643
USAA*	$2,893

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Great Falls for $300,000 dwelling coverage, $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.