Living in the state of Idaho is relatively cheap, compared to other states evaluated by the same cost-of-living variables. The same seems to hold true for Idaho auto insurance rates. The average cost of car insurance in Idaho is $307 per year for the state-required minimum coverage limits, and $1,045 per year for full coverage car insurance. Both rates are significantly lower than the average cost of car insurance nationwide. Average U.S. rates are $565 per year for minimum coverage and $1,674 a year for full coverage.
How much is car insurance in Idaho?
Given the average annual car insurance rates in Idaho, you may wonder; “how much is car insurance in Idaho per month?” After all, many people prefer to pay towards their premium each month instead of making one lump sum payment each year.
The monthly cost of minimum coverage works out to around $25.58, and full coverage comes in around $87.08 a month for a 12-month policy, based on the average annual premiums. However, the figures are based on the overall average cost of car insurance in Idaho. So your quotes will likely be lower or higher than the state average depending on your age, location, vehicle value, driving record and other variables unique to you.
Idaho car insurance rates by company
To find the best car insurance in Idaho for you, it is necessary to shop around by getting quotes from several carriers. Bankrate collected quotes from the top insurance carriers (by market share) to find which of those were the cheapest car insurance companies. American National’s rates for minimum coverage are the lowest in the state, followed by USAA and State Farm.
| Car insurance company | Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|
| Allstate | $417 | $1,639 |
| American Family | $472 | $1,083 |
| American National | $138 | $434 |
| Auto-Owners | $313 | $1,101 |
| Farm Bureau | $423 | $1,512 |
| Farmers | $256 | $797 |
| Geico | $278 | $1,077 |
| Grange | $279 | $1,191 |
| MetLife | $573 | $1,591 |
| Mutual of Enumclaw | $338 | $979 |
| Nationwide | $280 | $951 |
| Oregon Mutual | $298 | $796 |
| Sentry | $449 | $1,540 |
| State Farm | $246 | $853 |
| USAA* | $201 | $725 |
*This provider is only available to former or current military and their families
Idaho car insurance rates by city
Bankrate collected and compared car insurance quotes for the top 20 cities based on population as well, to see how rates vary by city. Boise City has the least expensive car insurance in Idaho based on quoted rates, at $938 per year for full coverage. Blackfoot, ID has the highest premiums at $1,073 for 12-months of coverage.
| City | Average annual premium for full coverage | % increase in average annual premium |
|---|---|---|
| Boise City | $938 | -10% |
| Nampa | $1,000 | -4% |
| Meridian | $939 | -10% |
| Idaho Falls | $1,054 | 1% |
| Caldwell | $1,010 | -3% |
| Pocatello | $1,049 | 0% |
| Coeur d’Alene | $1,051 | 0% |
| Twin Falls | $1,003 | -4% |
| Post Falls | $1,046 | 0% |
| Rexburg | $1,045 | 0% |
| Lewiston | $1,028 | -2% |
| Kuna | $954 | -9% |
| Moscow | $1,030 | -1% |
| Blackfoot | $1,073 | 3% |
| Mountain Home | $942 | -10% |
| Eagle | $961 | -8% |
| Rigby | $1,064 | 2% |
| Jerome | $1,012 | -3% |
| Hayden | $1,067 | 2% |
| Burley | $1,021 | -2% |
Idaho car insurance rates by age
Older drivers typically have lower car insurance rates than younger drivers. Insurance companies may see younger drivers as higher-risk; younger drivers generally have less driving experience than an older driver, which often correlates to a greater chance of accidents. A teen or young adult also tends to take more risks behind the wheel than older drivers. You will find that coverage for a 25-year-old in Idaho is less than half of an 18-year-old’s car insurance on their own policy.
| Age | Average annual premium in Idaho |
|---|---|
| Age 16* | $1,705 |
| Age 18 | $3,586 |
| Age 20 | $2,648 |
| Age 25 | $1,460 |
| Age 30 | $1,220 |
| Age 40 | $1,163 |
| Age 50 | $1,036 |
| Age 60 | $1,009 |
| Age 70 | $1,122 |
*16 year old calculated on parent’s policy disclosure
Idaho car insurance rates by driving record
Being at-fault in an accident or getting a speeding ticket are two ways your car insurance can sharply increase, depending on the severity and frequency of the violations. The worst event by far, according to rates compared, is a driving under the influence (DUI) conviction. Your insurance premiums may increase by 71% in Idaho with a DUI conviction — whether you renew with your current provider or find a new one.
| Driving incident | Average annual full coverage premium in Idaho | % increase of average annual premium |
|---|---|---|
| Speeding ticket | $1,213 | 16% |
| Accident | $1,395 | 33% |
| DUI | $1,786 | 71% |
How to save on car insurance in Idaho
There are a few ways you can potentially save on your car insurance. The following methods are fairly simple to qualify for and may bring your budget some relief.
- Research your vehicle before you buy: Some cars are cheaper to insure than others. Sportcars, 4x4s and higher-value vehicles are commonly among the most expensive to insure.
- Raise your deductible: Raising your deductible from $500 to $1,000 will typically lower your premiums. Depending on the type of coverage you raise the deductible, the impact may be more or less significant; collision deductibles impact your premium more than comprehensive deductibles.
- Avoid accidents and claims: If you get a single speeding ticket, Idaho drivers’ car insurance could go up about 16%. The safer a driver you are, typically the cheaper your car insurance will be in the long run.
- Take advantage of discounts: Car insurance companies offer a number of discounts such as good student, good driver and low mileage. Take advantage of as many as you can qualify for to help reduce your rates.
Frequently asked questions
How much is car insurance in Idaho?
The average cost of car insurance in Idaho is $307 for minimum coverage and $1,045 for full coverage car insurance. However, the average can vary greatly based on your age, location, driving history and other variables unique to each driver. For the most accurate price, considering requesting an online quote. Even if you are already insured with an insurance provider, you may want to switch to save money.
How can I save on car insurance?
Saving on car insurance takes a little legwork. Start by getting car insurance quotes from several insurance providers and make sure to check on the types of discounts offered. To maintain the low rates, drive defensively to reduce the risk of causing an accident and keep your record claims-free.
What is the cheapest car insurance in Idaho?
The cheapest car insurance in Idaho is minimum coverage from American National for $138 per year. Although the rate is incredibly low compared to other providers’ rates analyzed, it may not be the best choice for your situation. Minimum coverage only pays for losses to third parties. If your car is damaged or totaled, minimum coverage does not reimburse you for repairs or replacement of your vehicle. In addition, your circumstances may result in lower quotes from other providers.
When do I need full coverage car insurance?
One way to determine whether full coverage car insurance is the best choice is by looking at your financial picture. If you have assets such as a home or other vehicles, a judgment against you or costly lawsuit could cause you to lose your ability to afford payments or protections for these things. Full coverage could lower the chances of such a situation. In addition, you will most likely need full coverage car insurance if you lease your vehicle or have a car loan.
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 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 base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
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