Table of Contents
- Idaho Auto Insurance Costs by Insurer
- Idaho Auto Insurance Premiums by Driver Age
- Idaho Car Insurance Premiums by Gender and Marital Status
- Average Idaho Insurance Rates After a Violation or Accident
- Idaho Auto Insurance Premiums by Credit Tier
- Expensive Idaho Cities
- Cheaper Idaho Cities
- List of Insurance Companies in Idaho
- No-Fault Insurance in Idaho Information
Minimum coverage is required in Idaho to operate a vehicle. On average, you can expect to pay around $404 annually to secure this coverage, which is some of the cheapest insurance in the country. The average premiums for Idaho run about 39 percent cheaper than the national average.
While the minimum coverage is definitely a great deal in the state, comprehensive and collision come at a much higher rate, though they are recommended and sometimes even required when a vehicle is financed. The average cost for full coverage per year is around $917, which is 127 percent more than the basic coverage. Minimum insurance requirements in Idaho include:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $15,000 property damage liability per accident
Idaho Auto Insurance Costs by Insurer
Several insurance carriers write policies in Idaho, which gives buyers a much better way to shop their rates. Below are some of the most popular insurance companies and the average annual premiums drivers may pay if they have a clean driving history.
- American National: $522
- Travelers: $693
- Auto-Owners: $727
- USAA: $776
- State Farm: $876
- Oregon Mutual: $972
- Allied: $1206
- Nationwide: $1243
- Progressive: $1250
- Safeco: $1452
Idaho Auto Insurance Premiums by Driver Age
One of the major factors that will affect the amount you will pay for car insurance in Idaho is the driver’s age. Teenaged drivers will face significantly higher rates, which is because they are at higher risk due to their inexperience. The average in Idaho for a teen driver is around $3550 per year, which is still more than $1000 less than the national average, but three times what a middle-aged driver would pay. Below are the average per annual premium rates a teen driver might pay in the state.
- Age 16: $5816
- Age 17: $5130
- Age 18: $4565
- Age 19: $2470
Idaho Car Insurance Premiums by Gender and Marital Status
In Idaho, females tend to pay slightly less until the age of 50, though the difference in rates between 40 and 50 is often less than $100 per year. The reason for the difference is the statistics that show younger males are more likely to get into accidents than their female counterparts.
Being married will also earn you discounted rates that can save almost $100 off an annual policy. Below are the average annual costs to insure a married driver, based on the carrier, according to Nerdwallet.
- State Farm: $965
- GEICO: $1406
- State Farm: $1586
Average Idaho Insurance Rates after a Violation or Accident
Insurify says that while drivers with good driving histories will enjoy the lowest rates, those with citations or at-fault accidents will likely see their rates skyrocket. Just after one at-fault accident, you can expect your premiums to increase 34 percent or higher, which translates to almost $600 more a year.
Speeding tickets can also affect your annual premiums, though not as drastically. One speeding ticket of 10 miles or less over the limit can increase your annual premiums by $253, mentions Value Penguin.
Below are the companies that can provide insurance with the lowest rates for drivers who have had a minor violation or an at-fault accident.
- American National: $434
- GEICO: $670
- State Farm: $705
- Dairyland: $847
- Allstate: $903
Idaho Auto Insurance Premiums by Credit Tier
Your credit score is also likely to affect your annual rates, though it will not have as drastic an effect as other factors. In general, drivers with good or excellent credit will pay the state average, while those with poor credit will pay anywhere from $150 to $200 more. Below are some of the companies with the cheapest rates for drivers with bad credit and the average annual premium you might expect to pay.
- GEICO: $627
- Allstate: $806
- Dairyland: $984
- Grange Insurance Association: $1024
- American National: $1035
Expensive Idaho Cities
While car insurance rates tend to be consistently low across the state, there are a few locals where premiums will be slightly higher than others. These areas tend to have more heavily trafficked areas and also higher than average crime rates. Below are the cities in Idaho where rates will be higher than the norm.
- Moscow: $1210
- Lewiston: $1201
- Blackfoot: $1190
- Ammon: $1174
- Idaho Falls: $1165
- Rexburg: $1160
- Pocatello: $1146
Cheaper Idaho Cities
Just as there are cities where you will spend more on insurance in the state, there are also cities with cheaper rates. These areas tend to be more rural and less populated, which means there is a lower risk for filing a claim by living in these areas. Some of the least expensive cities for car insurance in Idaho are:
- Coeur d’Alene: $1098
- Hailey: $1091
- Eagle: $1078
- Kuna: $1074
- Mountain Home: $1064
- Post Falls: $1063
- Payette: $1062
- Boise: $1044
- Meridian: $1040
List of Insurance Companies in Idaho
It is easy to find low insurance rates in Idaho due to the many carriers that provide coverage throughout the state. Companies like American National and Travelers tend to be more regional and focus on personalized service. If you want a rep that you can go to for all of your car insurance needs, these companies can provide you with the type of customer service you are looking for.
Companies like USAA offer some of the lowest rates if you are or were in the military. State Farm, Nationwide, and Progressive are all national companies that offer a wide range of discounts and online services. They also have a strong network of representatives, making it easy to find one wherever you live.
The state also offers more regionally based companies such as Oregon Mutual, Allied, and Safeco. These companies are highly rated in the claims process and understand the needs of drivers in the state.
No-Fault Insurance in Idaho Information
Idaho is an at-fault state, as stated by the Zebra. This means that if you are in an accident and deemed to be the cause of it, you will have to have enough insurance to cover any injuries and property damage to both sets of drivers, passengers, and vehicles.
Check this out if you need additional information, resources, or guidance on car insurance.
Sources
Car Insurance | caranddriver.com
Best Cheap Car Insurance in Idaho for 2021 | nerdwallet.com
Cheap Idaho Car Insurance | thezebra.com
Best Car Insurance Rates in Idaho | valuepenguin.com
Cheap Auto Insurance Quotes in Idaho (2021) | insurify.com
Car Insurance USAA | caranddriver.com
Progressive vs. State Farm: Everything You Need to Know | caranddriver.com
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