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Cheapest Car Insurance in Idaho 2021

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Compared to other states, finding cheap car insurance providers in Idaho is relatively easy. The average cost of car insurance is $274 per year for minimum coverage and $1,048 per year for full coverage. Idaho is the fourth cheapest state in the country for minimum liability insurance.

Car insurance is typically more affordable in the Gem State due to several factors. There are only 1.75 million residents in the state, with a little more than 1.2 million licensed drivers in an area larger than all of New England. According to the NHTSA, there were 245 people killed and 12,969 people injured in traffic crashes in 2017, alone. Although car insurance is more affordable, finding the cheapest car insurance providers in Idaho can save you money even further.

The cheapest car insurance in Idaho

You’ll have your pick of quality, cheap auto insurance companies in Idaho. Take a look at how much you can expect to pay on average with the top carriers in the state.

Car Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
USAA $188 $745
State Farm $214 $837
Geico $248 $1,039
Farmers Insurance $253 $927
Auto-Owners $271 $1,112

Quadrant Information Services, 2020

USAA

USAA consistently ranks as number one in the J.D. Power customer satisfaction surveys. The insurance company offers the cheapest auto insurance in Idaho as well as the highest customer satisfaction. Its affordable coverage, exclusive member benefits and plenty of options for military personnel, including coverage for vehicles overseas, are just a few reasons why USAA ranks so highly. However, USAA’s insurance products are not available to everyone. You’ll need to be active-duty, retired military, or a relative of an eligible member to qualify for membership and car insurance.

State Farm

State Farm is the country’s largest car insurance provider and offers the second-cheapest car insurance in Idaho. Part of the reason State Farm is so affordable is because of the number of discounts available to new and existing policyholders. Drivers under 25 can save up to 20% off their monthly premium through its Steer Clear Program. Discounts are awarded based on having maintained a clean driving record for at least three years. In addition, State Farm’s optional rideshare insurance may be another reason to choose the carrier. It will cover you while you are on the clock with Lyft or Uber.

Geico

Geico consistently ranks high as one of the cheapest car insurance providers in Idaho and other states. Geico adds unique coverage additions, such as mechanical breakdown coverage, which pays the cost of repairs and auto parts after your vehicle’s warranty ends. Emergency roadside service is available through Geico’s mobile app, which can come in handy during the winter when the state is known to have heavy snowfall.

Farmers Insurance

Farmers provides the typical coverages you might expect from a major car insurance provider. In addition, classic car collectors in Idaho can find coverage for their vehicles through Farmers, which is an option not always available through car insurance carriers. Most classic car owners choose Farmer’s Guaranteed Value coverage, which will pay you an agreed upon amount if your collectible vehicle is lost or damaged.

Auto-Owners

Auto-Owners is not as large as the other major carriers on this cheap auto insurance provider list. However, the insurance company is able to provide personal service and coverage that takes the guesswork out of car insurance. The Personal Automobile Plus Package includes the minimum car insurance you need in Idaho, plus an extra ten coverages — all for a flat rate. It also includes re-keying of locks, identity theft protection and cell phone replacement.

Affordable coverage for Idaho drivers

The state minimum coverage required to legally drive in Idaho is 25/50/15 liability insurance, which includes:

  • Bodily injury liability: $25,000 per person
  • Bodily injury liability: $50,000 per accident
  • Property damage liability: $15,000 per accident

Signing up for the minimum coverage required provides you with the cheapest car insurance in Idaho. However, the amounts may not be enough to protect you in case of a more serious accident. Liability insurance pays for damages to the other parties and not to yourself, or your property. Considering the fact that Idaho is a rural state, wildlife and heavy snowfall are common hazards that could cause damage to your vehicle. Adding comprehensive and collision coverage helps pay for any necessary vehicle repairs and replacements.

How to get cheap car insurance in Idaho

Besides opting for cheap car insurance in Idaho from one of the top providers, there are also other ways you can lower the cost of coverage. Consider the following ideas:

  • Shop around: You may find a better price on your premiums than you expected when you get multiple quotes to compare.
  • Compare providers: Check and see what add-ons and coverages providers have to offer. You may get additional perks such as free roadside service, which you can factor in when choosing a car insurance company.
  • Take advantage of discounts: All car insurance companies have a list of discounts. Take advantage of the ones you qualify for to save on your auto insurance.
  • Work on your credit score: Insurance carriers in Idaho may legally check your credit to price your vehicle insurance. If you have a low credit score, you will typically pay more for coverage than someone with a higher FICO score. You can take simple steps such as paying bills on or ahead of time to help begin raising your score.
  • Increase your deductible: You can raise your deductible as high as you can afford it to lower your monthly premiums. Raising your deductible does mean having a higher out-of-pocket cost in case of an accident. However, safe driving skills could help reduce the added risk.

Frequently asked questions

What is the best car insurance in Idaho?

The best car insurance in Idaho is available from several top providers such as USAA, Farmers, State Farm, Geico, and Auto-Owners. The top providers are also the cheapest in the state. However, settling on the best car insurance provider for you will largely depend on your individual needs as a driver.

What is the average cost of car insurance in the U.S.?

The average annual cost of car insurance in the U.S. is $563 per year for minimum insurance and $1,738 per year for full coverage. Idaho falls well below the national average at $274 per year for minimum insurance and $1,048 per year for full coverage, making it one of the cheapest states for car insurance.

What is full coverage car insurance?

Full coverage adds to a state’s required basic liability insurance. Liability insurance pays for damages to others, which can leave you hanging financially if your car is damaged. Full coverage adds collision and comprehensive insurance, designed to cover your car from damages due to fire, theft, bad weather and collisions.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

Rates are determined based on 2020 Quadrant Information Services data.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.

Source: on 2021-01-26 10:33:21

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