montana homeowners, condominium and renters insurance 2014 rate comparison guide
DESCRIPTION
Published by the Montana Office of the Commissioner of Securities and Insurance, the 2014 Homeowners, Condominium and Renters Insurance Rate Comparison Guide compares how much Montana home owners might pay for insurance coverage in nine different geographic regions.TRANSCRIPT
MONTANA
Homeowners, Condominium
and Renters Insurance
2014 RATE COMPARISON GUIDE
2014 RATE COMPARISON GUIDE
Monica J. Lindeen
Dear Montana Consumer: I am pleased to provide you with the Montana
2014 Homeowners, Condominium and Renters
Insurance Rate Comparison Guide. One of my
goals as Commissioner of Securities and
Insurance is to help you to be an informed
buyer. I believe in order to maintain a healthy,
competitive marketplace, it is critically important to
provide consumers with the tools they need to
compare insurance rates.
This guide gives you a general idea of rates available in Montana. For specific
information, you must contact the individual insurance companies.
Comparison shopping takes time, but can save you money. I encourage you to
put this guide to work for you. Shop carefully, and contact my office if you have
any questions or need additional assistance. Knowledgeable staff is available to
assist you with a wide range of insurance issues. Please call the consumer
hotline at 1-800-332-6148; the number in Helena is 444-2040. You will also find
more useful information on our web site at www.csi.mt.gov.
Sincerely,
Monica J. Lindeen
Commissioner of Securities & Insurance
Montana State Auditor
About this guide
This guide compares how much Montana homeowners, condominium owners and renters
might pay for insurance coverage in nine different geographic areas: Billings, Bozeman,
Butte, Glendive, Great Falls, Helena, Kalispell, Missoula and Scobey. For each area, an
annual premium (cost) is calculated for in-city and rural residences. The rural premiums
are based on a fire protection class code of 9, which is outside of the city limits.
Ten companies that sell the most homeowners insurance in Montana chose to participate
in our survey.
If you find any terms, phrases or concepts confusing, we encourage you to read the
Montana Consumer Guide to Homeowners Insurance available at
www.csi.mt.gov/consumers or by calling 1-800-332-6148.
How to use this guide
The premium quotes from the insurance companies listed in this guide are:
Based on the amount you pay every year, in which the full amount has been paid
when your coverage begins.
Based on three years of previous coverage.
Based on owner-occupied dwellings, with the exception of example.
Based on dwellings with no plumbing, wiring, or heating/cooling updates, with
the exception of example 5.
Based on structures of frame construction. Generally, companies offer discounts
for masonry or fire-resistant structures.
Based on rates in effect as of January 1, 2014. If a company’s rates have changed
since then, these quotes may no longer be accurate; (Please keep in mind the
premiums quoted are only examples. Your individual situation may include factors
that will be reflected in the premiums quoted to you.)
Based on the assumption that previous insurance exists and that this is for new
business, not a renewal.
Based on the coverage explained in each example. For instance, flood and
earthquake coverage are not included.
Coverage
The examples in this guide contain the companies’ specific coverage for the following
policy types:
HO3/H05 Standard homeowner policy that insures contents and structure for hazards that are named in the policy; also provides medical and liability coverage.
HO4 Standard renter policy that covers contents only and also provides some medical and liability coverage.
HO6 Standard condominium unit owner’s policy that covers contents, inner walls, medical, and liability coverage.
Insurers
Not every insurer will offer you coverage. Each insurer has requirements which you
must meet in order to become insured.
Need More Help? Professional consumer advocates are available to assist you on a wide range of insurance issues.
Call the CSI Insurance Hotline
1-800-332-6148
www.csi.mt.gov
Nine different insurance scenarios are outlined below. Find the example that
best matches your situation. Then refer to the corresponding chart on the
following pages and find your geographic region.
Please note: The plans included in this guide are examples only.
Example 1
These premiums apply to a single family, well-
maintained home, without a wood stove. This
30-year-old home has a replacement cost of
$225,000 and the owners want to purchase
insurance for that amount. The owners have a
Labrador retriever. There have been no claims
in the last three years and the owners replaced
the composite roof last year.
Coverages: Deductible $1000; Personal liability
$100,000, Medical Payments $1,000 per person,
outbuildings 10% of dwelling. All other
coverages, including personal property,
additional living expenses, and limits on
dwelling, are rated according to an HO3 or
comparable policy.
If example 1 most closely matches your insurance situation, refer to example 1 chart for sample rate quotes.
Example 2
These premiums apply to a single family, well-
maintained home, without a wood stove. This
30-year-old home has a replacement cost of
$160,000 and the owners want to purchase
insurance for that amount. The owners have a
Labrador retriever. One year ago the composite
roof was damaged due to a hailstorm and it was
replaced by the carrier at a cost of $8,000.
There have been no other claims in the last
three years.
Coverages: Deductible $1000; Personal liability
$100,000, Medical Payments $1,000 per person,
outbuildings 10% of dwelling. All other
coverages, including personal property,
additional living expenses, and limits on
dwelling, are rated according to an HO3 or
comparable policy.
If example 2 most closely matches your insurance situation, refer to example 2 chart for sample rate quotes.
Example 3
These premiums apply to a single family, well-
maintained home, with a wood stove. This 5-
year-old home has a replacement cost of
$275,000 and the owners want to purchase
insurance for that amount. The owners have a
miniature poodle. There have been no claims in
the last three years and the original composite
roof is in excellent shape.
Coverages: Deductible $1000; Personal liability
$100,000, Medical Payments $1,000 per person,
outbuildings 10% of dwelling. All other
coverages, including personal property,
additional living expenses, and limits on
dwelling, are rated according to an HO3 or
comparable policy.
If example 3 most closely matches your insurance situation, refer to example 3 chart for sample rate quotes.
Example 4
These premiums apply to a single family, well-
maintained home, without a wood stove. This
50-year-old home has a replacement cost of
$350,000 and the owners want to purchase
$150,000 of coverage. There have been no
claims in the last three years. The original
plumbing, wiring, and heating/cooling have
not been replaced and the composite roof is
ten years old.
Coverages: Deductible $1000; Personal
liability $100,000, Medical Payments $1,000
per person, outbuildings 10% of dwelling. All
other coverages, including personal property,
additional living expenses, and limits on
dwelling, are rated according to an HO3 or
comparable policy.
If example 4 most closely matches your insurance situation, refer to example 4 chart for sample rate quotes.
Example 5
These premiums apply to a single family, well-
maintained home, without a wood stove. This 50-
year-old home has a replacement cost of
$350,000 and the owners want to purchase
insurance for that amount. There have been no
claims in the last three years. The plumbing,
wiring, and heating/cooling were updated two
years ago, and the composite roof is two years
old.
Coverages: Deductible $1000; Personal
liability $100,000, Medical Payments $1,000
per person, outbuildings 10% of dwelling. All
other coverages, including personal property,
additional living expenses, and limits on
dwelling, are rated according to an HO3 or
comparable policy.
If example 5 most closely matches your insurance situation, refer to example 5 chart for sample rate quotes.
Example 6
These premiums apply to a well-maintained
condominium in a 10 unit complex built in
2000 without wood stoves. The contents are
valued at $80,000. There have been no claims
in the last three years.
Coverages: Deductible $1000; Personal
liability $100,000, Medical Payments $1,000
per person. Coverage is on a replacement
cost basis; all other coverage is rated
according to an HO6 or comparable policy.
Coverage for the structure and any
improvements is not included.
If example 6 most closely matches your insurance situation, refer to example 6 chart for sample rate quotes.
Example 7
These premiums apply to a renter in a 2-story
apartment complex with 15 units built in 1990
without wood stoves. The contents are valued
at $50,000. There have been no claims in the
last three years.
Coverages: Deductible $1000; Personal liability
$100,000, Medical Payments $1,000 per person.
Coverage is on a replacement cost basis; all
other coverage is rated according to an HO4 or
comparable policy.
If example 7 most closely matches your insurance situation, refer to example 7 chart for sample rate quotes.
Example 8
These premiums apply to a single family who
owns an $180,000 modular home, purchased for
that amount, with no wood stove. The home is 3
years old and is on a permanent foundation. The
original composite roof is in good condition.
There have been no claims in the last three years.
Coverages: Deductible $1000; Personal
liability $100,000, Medical Payments $1,000
per person, outbuildings 10% of dwelling. All
other coverages, including personal property,
additional living expenses, and limits on
dwelling, are rated according to an HO3 or
comparable policy.
If example 8 most closely matches your insurance situation, refer to example 8 chart for sample rate quotes.
Example 9
These premiums apply to a single family, well-
maintained home, without a wood stove. This
new home has a replacement cost of
$325,000 and the owners want to purchase
insurance for that amount. Six months ago the
original home was destroyed by fire and
rebuilt.
Coverages: Deductible $1000; Personal
liability $100,000, Medical Payments $1,000
per person, outbuildings 10% of dwelling. All
other coverages, including personal property,
additional living expenses, and limits on
dwelling, are rated according to an HO3 or
comparable policy.
If example 9 most closely matches your insurance situation, refer to example 9 chart for sample rate quotes.
The following pages outline the rate quotes from insurers who chose to respond to our survey. The quotes correspond to each example illustrated for nine geographic regions in Montana.
EXAMPLE 1
These premiums apply to a single family, well-maintained home, without a wood stove. This 30-year-old home has a replacement cost of $225,000 and
the owners want to purchase insurance for that amount. The owners have a Labrador retriever. There have been no claims in the last three years and
the owners replaced the composite roof last year.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person, outbuildings 10% of dwelling. All other coverages,
including personal property, additional living expenses, and limits on dwelling, are rated according to an HO3 or comparable policy.
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Vehicle & Property Ins. Co. 1224 1725 1221 1645 1148 1563 1264 1555 1261 1636 1050 1401 971 1344 1012 1462 1264 1555
Depositors Insurance Co. 1499 2362 854 1135 993 1304 1804 2690 1140 1644 1018 1391 776 1178 867 1325 1515 2246
Farmers Insurance Exchange 1160 1482 1024 1327 1056 1353 1486 1786 1224 1603 1062 1368 1049 1446 930 1205 1465 1820
Mountain West Farm Bureau Ins. Co. 1437 1839 838 1073 905 1158 1564 1907 1077 1379 891 1141 732 936 718 919 1453 1771
Safeco Insurance Co. of America 1561 2888 968 1791 861 1592 1968 3642 1313 2428 1218 2255 786 1455 944 1746 1968 3642
State Farm Fire and Casualty Co. 2625 2625 1314 1314 1595 1595 3391 3391 1790 1790 1664 1664 1755 1755 1556 1556 2625 2625
Travelers Home & Marine Ins. Co. 1092 1482 587 813 841 1167 1643 2139 904 1229 942 1337 587 793 645 929 1351 1762
Trinity Universal Insurance Co. 1077 1344 813 1007 826 1022 1617 1933 976 1215 1049 1306 886 1099 897 1113 1617 1993
United Services Auto Association 1047 1144 1122 1198 1097 1198 1068 1144 1085 1172 1097 1198 1122 1198 1122 1198 1068 1144
USAA Casualty Insurance Co. 1139 1237 1191 1269 1166 1269 1160 1237 1156 1245 1166 1269 1191 1269 1191 1269 1160 1237
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
Billings Bozeman Butte Glendive ScobeyFalls Helena Kalispell Missoula
Great
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 2
These premiums apply to a single family, well-maintained home, without a wood stove. This 30-year-old home has a replacement cost of $160,000 and
the owners want to purchase insurance for that amount. The owners have a Labrador retriever. One year ago the composite roof was damaged due to
a hailstorm and it was replaced by the carrier at a cost of $8,000. There have been no other claims in the last three years.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person, outbuildings 10% of dwelling. All other coverages,
including personal property, additional living expenses, and limits on dwelling, are rated according to an HO3 or comparable policy.
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Vehicle & Property Ins. Co. 1105 1549 1082 1454 1029 1394 1120 1378 1113 1445 949 1259 892 1223 925 1323 1120 1378
Depositors Insurance Co. 1256 1983 745 988 849 1113 1501 2255 982 1418 881 1207 704 1073 791 1217 1265 1887
Farmers Insurance Exchange 1084 1404 970 1271 1033 1328 1399 1698 1197 1573 1018 1321 1026 1420 905 1177 1433 1785
Mountain West Farm Bureau Ins. Co. 1059 1355 618 790 667 853 1153 1405 794 1016 657 841 539 690 529 678 1070 1305
Safeco Insurance Co. of America 1275 2358 790 1462 702 1299 1606 2972 1071 1981 996 1842 642 1188 770 1424 1606 2972
State Farm Fire and Casualty Co. 2118 2118 1059 1059 1287 1287 2737 2737 1444 1444 1343 1343 1417 1417 1256 1256 2118 2118
Travelers Home & Marine Ins.Co. 967 1319 530 734 744 1032 1437 1877 820 1120 840 1194 536 726 587 846 1195 1570
Trinity Universal Insurance Co. 1084 1352 819 1014 830 1027 1628 2007 983 1222 1056 1315 891 1106 902 1120 1628 2007
United Services Auto Association 1004 1098 1082 1157 1059 1157 1024 1098 1046 1131 1059 1157 1082 1157 1082 1157 1024 1098
USAA Casualty Insurance Co. 1091 1186 1149 1224 1125 1224 1111 1186 1114 1200 1125 1224 1149 1224 1149 1224 1111 1186
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
ScobeyMissoulaBillings
Great
GlendiveBozeman Falls Helena KalispellButte
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 3
These premiums apply to a single family, well-maintained home, with a wood stove. This 5-year-old home has a replacement cost of $275,000 and the
owners want to purchase insurance for that amount. The owners have a miniature poodle. There have been no claims in the last three years
and the original composite roof is in excellent shape.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person, outbuildings 10% of dwelling. All other coverages,
including personal property, additional living expenses, and limits on dwelling, are rated according to an HO3 or comparable policy
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Vehicle & Property Ins. Co. 1133 1383 1393 1641 1101 1336 1394 1546 1358 1549 995 1174 847 1043 818 1047 1394 1547
Depositors Insurance Co. 1242 1929 723 945 836 1085 1483 2191 958 1358 852 1150 651 969 724 1086 1249 1832
Farmers Insurance Exchange 1094 1285 958 1141 930 1109 1395 1575 1051 1275 958 1142 865 1100 835 1001 1236 1448
Mountain West Farm Bureau Ins. Co. 1399 1744 841 1060 903 1139 1518 1837 1064 1346 891 1123 742 933 730 917 1414 1711
Safeco Insurance Co. of America 1782 3297 1106 2047 982 1816 2246 4154 1498 2772 1390 2572 898 1661 1074 1987 2246 4154
State Farm Fire and Casualty Co. 2329 2329 1165 1165 1416 1416 3010 3010 1590 1590 1476 1476 1557 1557 1381 1381 2329 2329
Travelers Home & Marine Ins.Co. 1125 1442 554 738 886 1210 1812 2298 840 1086 916 1256 523 674 591 808 1363 1723
Trinity Universal Insurance Co. 1091 1360 825 1019 834 1034 1638 2019 989 1230 1061 1323 896 1113 909 1127 1638 2019
United Services Auto Association 711 758 775 805 758 805 722 758 750 790 758 805 775 805 775 805 722 758
USAA Casualty Insurance Co. 773 821 823 853 805 853 785 821 799 840 805 853 823 853 823 853 785 821
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
Kalispell Missoula ScobeyBillings Bozeman Butte Glendive Falls
Great
Helena
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 4These premiums apply to a single family, well-maintained home, without a wood stove. This 50-year-old home has a replacement cost of $350,000 and
the owners want to purchase $150,000 of coverage. There have been no claims in the last three years. The original plumbing, wiring, and heating/cooling
have not been replaced and the composite roof is ten years old.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person, outbuildings 10% of dwelling. All other coverages,
including personal property, additional living expenses, and limits on dwelling, are rated according to an HO3 or comparable policy.
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Vehicle & Property Ins. Co.- - - - - - - - - - - - - - - - - -
Depositors Insurance Co. 2202 3552 1211 1654 1422 1909 2672 4058 1648 2441 1455 2043 1081 1719 1214 1943 2231 3376
Farmers Insurance Exchange 2035 2520 1739 2195 1678 2125 2617 3070 1952 2522 1747 2207 1615 2213 1481 1894 2341 2875
Mountain West Farm Bureau Ins. Co.- - - - - - - - - - - - - - - - - -
Safeco Insurance Co. of America- - - - - - - - - - - - - - - - - -
State Farm Fire and Casualty Co. 2173 2173 1084 1084 1318 1318 2811 2811 1481 1481 1375 1375 1451 1451 1286 1286 2173 2173
Travelers Home & Marine Ins.Co.- - - - - - - - - - - - - - - - - -
Trinity Universal Insurance Co.- - - - - - - - - - - - - - - - - -
United Services Auto Association- - - - - - - - - - - - - - - - - -
USAA Casualty Insurance Co.- - - - - - - - - - - - - - - - - -
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
- Indicates that a company would not write the risk.
ScobeyFalls Helena KalispellBozeman Butte Glendive
Great
Billings Missoula
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 5
These premiums apply to a single family, well-maintained home, without a wood stove. This 50-year-old home has a replacement cost of $350,000
and the owners want to purchase insurance for that amount. There have been no claims in the last three years. The plumbing, wiring, and heating/cooling
were updated two years ago, and the composite roof is two years old.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person, outbuildings 10% of dwelling. All other coverages,
including personal property, additional living expenses, and limits on dwelling, are rated according to an HO3 or comparable policy.
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Vehicle & Property Ins. Co. 1494 2175 1510 2092 1403 1976 1559 1954 1563 2072 1267 1743 1143 1649 1202 1812 1559 1953
Depositors Insurance Co. 2244 3623 1211 1663 1426 1929 2733 4137 1657 2461 1457 2054 1076 1703 1201 1912 2284 3444
Farmers Insurance Exchange 1250 1440 1090 1273 1031 1210 1588 1768 1161 1385 1081 1264 950 1184 933 1099 1364 1576
Mountain West Farm Bureau Ins. Co. 1578 2020 921 1178 994 1272 1718 2095 1184 1515 979 1253 804 1029 789 1010 1596 1945
Safeco Insurance Co. of America 2064 3818 1280 2369 1137 2103 2600 4810 1734 3207 1608 2976 1038 1919 1246 2304 2600 4810
State Farm Fire and Casualty Co. 2529 2529 1266 1266 1537 1537 3267 3267 1725 1725 1603 1603 1691 1691 1499 1499 2529 2529
Travelers Home & Marine Ins.Co. 1499 2057 790 1113 1145 1609 2287 2995 1240 1709 1288 1851 793 1089 877 1285 1870 2466
Trinity Universal Insurance Co. 1450 1820 1086 1354 1102 1374 2200 2722 1311 1642 1412 1768 1185 1481 1201 1501 2200 2722
United Services Auto Association 1244 1384 1328 1449 1300 1449 1273 1384 1282 1411 1300 1449 1328 1449 1328 1449 1273 1384
USAA Casualty Insurance Co. 1351 1494 1409 1532 1381 1532 1381 1494 1365 1497 1381 1532 1409 1532 1409 1532 1381 1494
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
ScobeyHelena KalispellBillings Bozeman Butte Glendive Falls
Great
Missoula
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 6
These premiums apply to a well-maintained condominium in a 10-unit complex, built in 2003, without wood stoves. The contents are valued at $80,000.
There have been no claims in the last three years.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person. Coverage is on a replacement cost basis, all other
coverages are rated according to an HO6 or comparable policy. Coverage for the structure and any improvements is not included.
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Insurance Co. 353 484 289 397 289 397 370 484 353 484 353 484 289 397 289 397 370 484
Depositors Insurance Co. 318 359 318 365 315 361 311 352 321 347 294 341 296 338 297 339 308 349
Fire Insurance Exchange 481 573 449 494 489 539 454 501 443 536 426 508 435 518 452 536 514 568
Mountain West Farm Bureau Ins. Co. 327 352 333 360 333 360 327 352 333 360 333 360 333 360 333 360 327 352
Safeco Insurance Co. of America 319 383 319 383 319 383 319 383 319 383 319 383 319 383 319 383 319 383
State Farm Fire and Casualty Co. 413 413 341 341 341 341 463 463 364 364 364 364 341 341 341 341 413 413
Travelers Home & Marine Ins.Co. 215 234 216 235 220 240 217 234 223 244 216 236 216 236 202 222 217 234
Trinity Universal Insurance Co. 171 211 176 217 176 217 174 215 165 203 165 203 180 224 176 217 174 215
United Services Auto Association 150 150 170 165 165 165 150 150 161 159 165 165 170 165 170 165 150 150
USAA Casualty Insurance Co. 150 150 150 150 150 150 150 150 150 150 150 150 150 150 150 150 150 150
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
Please note that the above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
Falls
Great
KalispellGlendive Missoula ScobeyBozeman ButteBillings Helena
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 7These premiums apply to a renter in a two-story apartment complex with 15 units, built in 2000, without wood stoves. The contents are valued at $50,000.
There have been no claims in the last three years.
Coverages: Deductible $1000; Personal liability $100,000 and Medical Payments $1,000 per person. All other coverages are rated according to an
HO4 or comparable policy.
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Indemnity Co. 258 354 212 289 212 289 272 354 258 254 258 354 212 289 212 289 272 354
Depositors Insurance Co. 268 349 273 367 286 379 259 341 260 311 263 357 226 310 277 311 257 339
Fire Insurance Exchange 352 418 326 360 355 391 333 367 328 397 312 372 317 377 328 391 377 415
Mountain West Farm Bureau Ins. Co. 256 281 261 287 261 287 256 281 261 287 261 287 261 287 261 287 256 281
Safeco Insurance Co. of America 186 353 186 353 186 353 186 353 186 353 186 353 186 353 186 353 186 353
State Farm Fire and Casualty Co. 146 146 121 121 121 121 165 165 155 155 155 155 121 121 121 121 146 146
Travelers Home & Marine Ins.Co. 167 223 149 199 161 212 167 228 171 229 156 211 159 216 148 197 157 211
Trinity Universal Insurance Co. 171 213 170 212 170 212 171 213 170 212 170 212 171 213 171 213 171 213
United Services Auto Association 279 279 270 270 308 308 318 318 270 270 286 286 286 286 286 286 318 318
USAA Casualty Insurance Co. 268 268 259 259 295 295 304 304 259 259 274 274 274 274 274 274 304 304
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
Great
Billings Kalispell MissoulaBozeman Butte Falls HelenaGlendive Scobey
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 8
These premiums apply to a single family who owns a $180,000 modular home, purchased for that amount with no wood stove. The home is 3 years old
and is on a permanent foundation. The original composite roof is in good shape. There have been no claims in the last three years.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person, outbuildings 10% of dwelling. All other coverages,
including personal property, additional living expenses, and limits on dwelling, are rated according to an HO3 or comparable policy
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Vehicle & Property Ins. Co. 822 1009 942 1125 793 967 955 1070 923 1067 727 862 665 814 640 813 955 1070
Depositors Insurance Co. 767 1137 479 596 477 621 900 1282 611 825 553 713 441 608 484 675 768 1083
Farmers Insurance Exchange 921 1134 800 1002 783 980 1169 1368 901 1151 809 1012 757 1019 696 878 1069 1304
Mountain West Farm Bureau Ins. Co. 846 1082 493 631 532 682 921 1123 634 812 525 672 431 551 423 541 855 1042
Safeco Insurance Co. of America 1592 2946 989 1829 878 1624 2006 3712 1338 2474 1243 2300 803 1485 962 1780 2006 3712
State Farm Fire and Casualty Co. 1525 1525 764 764 927 927 1971 1971 1040 1040 967 967 1020 1020 904 904 1525 1525
Travelers Home & Marine Ins.Co. 679 860 350 455 543 730 1083 1366 522 666 556 752 335 424 374 498 815 1023
Trinity Universal Insurance Co. 739 911 568 692 576 702 1088 1332 673 828 719 887 615 752 621 761 1088 1332
United Services Auto Association 483 519 532 556 520 556 491 519 513 545 520 556 532 556 532 556 491 519
USAA Casualty Insurance Co. 524 561 564 589 552 589 533 561 546 578 552 589 564 589 564 589 533 561
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
KalispellBillings Bozeman Butte Glendive ScobeyFalls Helena
Great
Missoula
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
EXAMPLE 9These premiums apply to a single family, well-maintained home, without a wood stove. This new home has a replacement cost of $325,000 and the
owners want to purchase insurance for that amount. Six months ago the original home was destroyed by fire and rebuilt.
Coverages: Deductible $1000; Personal liability $100,000, Medical Payments $1,000 per person, outbuildings 10% of dwelling. All other coverages,
including personal property, additional living expenses, and limits on dwelling, are rated according to an HO3 or comparable policy
City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural City Rural
Allstate Vehicle & Property Ins. Co. 1041 1442 1122 1484 968 1322 1168 1408 1122 1427 878 1164 805 1115 782 1150 1168 1408
Depositors Insurance Co. 1654 2471 1004 1262 1161 1463 1926 2793 1325 1793 1163 1520 871 1255 975 1406 1624 2344
Farmers Insurance Exchange 1140 1370 1017 1238 1023 1239 1451 1669 1159 1429 1038 1260 974 1257 916 1116 1366 1623
Mountain West Farm Bureau Ins. Co. 1382 1769 806 1032 870 1114 1505 1835 1037 1327 857 1098 704 901 691 885 1398 1704
Safeco Insurance Co. of America 2932 5423 1818 3363 1616 2990 3691 6828 2463 4557 2285 4226 1474 2725 1768 3272 3691 6828
State Farm Fire and Casualty Co. 2626 2626 1314 1314 1596 1596 3394 3394 1792 1792 1664 1664 1756 1756 1559 1559 2626 2626
Travelers Home & Marine Ins.Co. 1175 1590 621 861 903 1255 1780 2316 967 1316 1000 1421 620 839 687 988 1447 1893
Trinity Universal Insurance Co. 1132 1412 853 1058 865 1072 1702 2099 1025 1277 1102 1373 929 1154 942 1169 1702 2099
United Services Auto Association 626 682 708 749 692 749 638 682 680 730 692 749 708 749 708 749 638 682
USAA Casualty Insurance Co. 676 733 749 791 732 791 689 733 722 772 732 791 749 791 749 791 689 733
Please note: The above premium rates reflect surveys completed by the insurers and only those insurers who chose to respond to the survey are included.
Billings Bozeman Butte Glendive Falls Helena Kalispell Missoula Scobey
Great
2014 Rate Comparison Guide: Homeowners, Condominium and Renters Insurance
CONSUMER CONTACTS FOR PARTICIPATING COMPANIES
ALLSTATE PROPERTY & CASUALTY INSURANCE COMPANY
Celeste Vanduch 2775 Sanders Rd. Ste. A5 Northbrook, IL 60062-6127
1-847-402-7328 www.allstate.com
DEPOSITORS INSURANCE CO. See website or call the toll free number
1-800-233-0394 www.alliedinsurance.com
FARMERS INSURANCE EXCHANGE FIRE INSURANCE EXCHANGE
Victoria McCarthy 4680 Wilshire Boulevard Los Angeles, CA 90010
1-323-932-3200 www.farmers.com
MOUNTAIN WEST FARM BUREAU INSURANCE CO.
931 Boulder Drive Laramie, WY 82070
1-307-745-3852 www.mwfbi.com
SAFECO INSURANCE CO OF AMERICA Stephen Slattery 175 Berkeley Street Boston, MA 02116
1-857-224-1782 www.safeco.com
STATE FARM FIRE AND CASUALTY CO. Contact a local State Farm agent
www.statefarm.com
TRAVELERS HOME & MARINE INSURANCE CO. PO Box 59059 Knoxville, TN 37950-9059
1-800-842-5075 www.travelers.com
TRINITY UNIVERSAL INSURANCE CO. Ed Speich 12926 Gran Bay Prkwy West Jacksonville, FL 32258
1-904-245-5848 www.kemper.com
UNITED SERVICES AUTOMOBILE ASSOC. USAA CASUALTY INSURANCE CO.
9800 Fredericksburg Rd San Antonio, TX 78288
1-800-531-8722 www.usaa.com
Technical Notes
Some of the companies that participated in this survey have differences in determining
premiums. These include:
State Farm Fire and Casualty Company For all examples, additional discounts may apply – see your local State Farm agent.
United Services Automobile Association/USAA Casualty Insurance Company USAA Group Property and Casualty products are generally available to active duty U.S. military personnel and their families, National Guard and Selected Reserve officers and enlisted personnel, and recently retired or separated military personnel. For all examples:
Per liability limits are $300,000 rather than $100,000. Minimum medical payments offered are $5,000 rather than $1,000.
Compare Insurance Rates Online
If you prefer, use the Montana Commissioner of Securities & Insurance website for quick and easy comparisons of auto, homeowners, Medicare supplements, and long-term care insurance rates.
www.csi.mt.gov/consumers
CONTACT US
MONICA J. LINDEEN Commissioner of Securities & Insurance
Montana State Auditor
CONSUMER HOTLINE
444-2040
1-800-332-6148 (Outside Helena) Fax: 406-444-3497 TDD Phone: 406-444-3246
Commissioner of Securities & Insurance | Montana State Auditor 840 Helena Avenue | Helena, MT 59601
www.csi.mt.gov