Average cost of car insurance in Idaho

Idaho’s cost of living is very low compared to other states. This holds true for Idaho’s auto insurance rates. Idaho’s average car insurance cost is $307 annually for minimum coverage and $1,045 for full coverage. These rates are considerably lower than the national average for car insurance. The average U.S. rate is $565 for minimum coverage and $1674 for full coverage.

What is the cost of car insurance in Idaho

You might be wondering, “How much does Idaho car insurance cost per month?” Given the average car insurance rates in Idaho you may ask: “How much do I pay each month for my Idaho car insurance?” Many people prefer to pay monthly towards their premium instead of one lump sum payment every year.

Minimum coverage costs around $25.58 per month, while full coverage costs around $87.08 per month for a 12-month policy. This is based on average annual premiums. These figures are based upon the average Idaho car insurance cost. Your quotes may be higher or lower than the state average, depending on your driving record, age, vehicle value, and other unique factors.

Idaho car insurance rates by firm

It is important to compare quotes from multiple carriers in order to find the best Idaho car insurance. Bankrate compared quotes from top insurance providers (by market share), to determine which were the most affordable car insurance companies. The lowest rates for minimum coverage in the state are American National’s, followed closely by USAA and State Farm.

Idaho auto insurance rates per city

Bankrate compared car insurance rates for top 20 cities, based on both population and age. This was to show how rates differ by city. Based on the quoted rates, Boise City is the most expensive for car insurance in Idaho at $938 per annum for full coverage. Blackfoot, ID is home to the highest premiums, at $1,073 per 12-months.

Idaho car insurance rates based on age

Insurance rates for older drivers are typically lower than those of younger drivers. Insurance companies might consider younger drivers to be more at-risk. Younger drivers are less experienced than older drivers, which can lead to higher accidents. Teens and young adults are more likely to be at risk behind the wheel than older drivers. The coverage available to a 25-year old in Idaho is half that of an 18 year-old on their own car insurance policy.

Idaho auto insurance rates for driving record

Your car insurance could be affected by being at-fault for an accident or a speeding ticket. This depends on the severity of the offenses and how often they are committed. According to rates, driving under the influence (DUI), conviction is the most serious. A DUI conviction can lead to insurance premiums rising by 71% in Idaho, regardless of whether you renew your policy with the same provider or look for a new one.

How to Save on Idaho Car Insurance

There are several ways to save money on your car insurance. These methods are easy to apply for and can help your budget.

  • Before you purchase a vehicle, research it thoroughly. Some cars are more expensive than others. Insurers are often most concerned about high-value vehicles, such as sportcars, 4x4s, and other higher-value vehicles.
  • Your deductible can be raised from $500 to $1,000. This will usually lower your premiums. The impact of raising the deductible will depend on what type of coverage you have. Collision deductibles can impact your premium more than comprehensive ones.
  • Avoid claims and accidents: Idaho drivers could see their car insurance go up by 16% if they get a single speeding ticket. Your car insurance will typically be cheaper the safer you are.
  • Get discounts: Many car insurance companies offer discounts for good students, drivers who are good and those who drive low. To reduce your rates, take advantage of all the discounts you are eligible for.

Questions frequently asked

What is the cost of car insurance in Idaho

Idaho’s average car insurance cost is $307 for minimum coverage, and $1,045 to insure full coverage. The average price of car insurance in Idaho can vary depending on factors such as your driving record, age, and location. Requesting an online quote will give you the best price. You may be able to save money even if your insurance company already covers you.

How can I get car insurance at a lower price?

It takes some effort to save money on your car insurance. Get car insurance quotes from multiple insurance companies and check for discounts. Keep your rates low by driving defensively to lower the chance of an accident. Also, keep your records clean and free from any claims.

Which Idaho state has the lowest car insurance?

American National offers $138 per annum minimum coverage, which is the cheapest type of car insurance in Idaho. The rate may not be the best for you, even though it is extremely low when compared to other providers. The minimum coverage does not cover losses to third parties. Minimum coverage will not pay for the cost of repairs or replacement if your car is totaled or damaged. Your circumstances could also result in lower quotes from different providers.

What are the best times to get full coverage car insurance

Your financial situation can help you determine whether full coverage car insure is the right choice. A judgment against you, or a costly lawsuit could result in you losing your ability to pay for or protect these assets. This could be avoided if you have full coverage. If you are leasing your car or taking out a loan, you will likely need full coverage.