How Can I Prevent My Montana Car Insurance Premium from Increasing?


Montana state flagThere are many different reasons why a Montana resident’s auto insurance premium would increase, and sometimes there is little that a vehicle owner can do to prevent this from happening. On the other hand, there are also steps that drivers can take to help keep coverage costs from going up. Some of the major reasons why a person’s rates may increase as the result of a motorist’s actions include being involved in an accident, receiving a ticket, filing a claim or moving to a different location. By exercising caution and striving to avoid the several things that commonly raise premiums, MT motorists can typically maintain affordable policies.

According to the Department of Transportation, the Treasure State was home to more than 20,100 automobile accidents in 2010, which often have an impact on the cost of coverage. If a motorist with Montana auto insurance is involved in a car crash, there is a good chance that their rates may increase. Being at fault for a collision or being convicted of driving while under the influence could increase a motorist’s chances of paying more for a policy. If a vehicle owner’s driving record begins to become blemished there is a chance that an insurer may refuse to renew a plan or cancel a policy entirely. Making an effort to drive safely and avoid accidents is often one of the most effective ways to avoid paying higher coverage costs.

Accidents that result in bodily injuries are typically more likely to result in inflated rates because of the costs associated with medical care. The MT Department of Justice believes that simply remembering to wear a seatbelt while driving can reduce serious injuries by 50 percent and fatalities by as much as 60 percent after a collision. Strictly following Montana car insurance laws the rules of the road may also prevent premium increases. For example, driving while under the influence of drugs or alcohol is considered dangerous and illegal, and being convicted of such an offense may result in a motorist losing their registration and driving privileges. Having a suspended license can lead to a sharp premium increase and potential difficulty in finding an affordable plan in the future.

Montana road signDespite a motorist’s best efforts, insurance costs may increase by no fault of the policyholder. If an insurer experiences economic loss after paying out a large number of claims, rates may be increased to cover these costs. Additionally, insurers may need to increase prices to compensate for increased business expenses or economic inflation. If a policy becomes too costly, residents may want to consider gathering free auto insurance quotes online for a quick comparison to search for a more affordable coverage provider. Sometimes switching companies can be an effective way to maintain cheaper rates and avoid overpaying for vehicle protection.