Montana has a small population (around 1.1 million), meaning there are fewer insurance agents compared to more populous states. However, the policies sold tend to have higher premiums, particularly in industries such as agriculture, ranching, and natural resources. Montana also has some of the highest auto insurance rates in the U.S., mainly due to long rural highways where accidents are more severe, high rates of uninsured motorists and expensive repair costs due to vehicle size and rural conditions.