How much does auto insurance cost in Billings?
The typical Billings driver pays $1,471 per year for car insurance. That's less than the average across Montana ($1,534) and cheaper than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other factors in Billings.
BILLINGS AUTO INSURANCE PREMIUMS
|Billings Average (annual)||Montana Average||National Average|
Compare rates side-by-side:
Billings car insurance rates by company
One of the best ways to save on auto insurance is to compare rates from multiple companies and to choose the insurer that best fits your coverage needs. In Billings, Liberty Mutual offers the cheapest premiums for the typical insurance buyer. We've listed the best cheap car insurance companies in Billings below. Use this information as a starting point and be sure to compare quotes specific to your unique driving profile.
BILLINGS CAR INSURANCE RATES BY COMPANY
|Insurer||Average Annual Rate|
Billings car insurance premiums by age
Billings drivers in their age_50s enjoy relatively affordable auto insurance rates, paying just $1,307per year, on average. Rates for Billings drivers in their age_60s are also relatively affordable, at just $1,343 per year.
Young drivers aged 16 to 19 pay the most for car insurance in Billings. One of the most effective ways to lower your car insurance rates as a driver in Billings is to age out of your teens. The gap in cost between the car insurance premiums paid by teenage drivers and drivers in their 20s in Billings is $3,201. That's the biggest gap in premiums between any pair of age brackets.
BILLINGS AUTO INSURANCE PREMIUMS BY DRIVER AGE
|Age group||Average Yearly Rate|
Billings car insurance rates by gender and marital status
In some cases, a driver's marital status and gender may affect the auto insurance rates they pay. In most locations in the US, single drivers pay more than married drivers based on data that says they're more likely to file claims. Married drivers in Billings pay $1 less than single drivers for auto insurance. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Billings, widowed drivers pay less than those who are single.
Gender is yet another factor that can affect auto insurance premiums. In Billings, the gap in average auto insurance premiums between genders is $1 per year, with male drivers paying more than female drivers.
BILLINGS AUTO INSURANCE RATES: BY MARITAL STATUS AND GENDER
|Gender/Marital Status||Average Annual Rate|
Billings car insurance premiums by violation history
No matter where you live, steering clear of accidents and citations is the best way to keep your auto insurance rates affordable. Speeding citations, reckless driving charges, DUIs and DWIs, and at-fault accidents all tend to bring about rate increases.
Two of the most expensive driving violations from an insurance perspective are reckless driving and DUI. In Billings, a reckless driving citation results in an average insurance rate increase of $813 per year, compared to the citywide average. For comparison's sake, a DUI offense results in an $803 increase and a speeding ticket triggers a $364 rate hike.
BILLINGS CAR INSURANCE RATES AFTER A COLLISION OR CITATION
|Incident/Violation||Average Yearly Rate|
|At-fault Accident (damages less than $1,000)||$2,037|
|At-fault Accident (damages greater than $2,000)||$2,211|
|Speeding Ticket (16-20 mph over speed limit)||$1,835|
Billings car insurance costs by credit tier
Another major insurance rating factor is credit score. Drivers with bad credit histories typically face more expensive car insurance than do drivers with stellar credit. In Billings, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 57% drop in car insurance costs. Moving from "Very Poor" to "Fair" credit is a great way to save money on car insurance. In Billings, improving your credit to "Fair" could help you earn $1,028 in savings on insurance premiums each year.
BILLINGS CAR INSURANCE RATES BY CREDIT LEVEL
|Credit Level||Average Yearly Rate|