Car insurance is a necessary expense for every driver, but the cost can vary depending on several factors. If you are a driver in Idaho, you might be wondering what the average car insurance cost is in the state. In this article, we will provide you with all the information you need to know about car insurance cost in Idaho.
Problem: High Car Insurance Cost in Idaho
Idaho has one of the lowest car insurance costs in the country, but that doesn’t mean it is cheap. According to a study by Bankrate, the average car insurance cost in Idaho is $691 per year, which is slightly lower than the national average of $935 per year. However, this cost can be high for some drivers, especially those with a poor driving record or a low credit score.
Solution: How to Lower Your Car Insurance Cost in Idaho
Fortunately, there are several ways to lower your car insurance cost in Idaho. First, you can shop around and compare quotes from different insurance companies. This can help you find the best deal for your coverage needs. Second, you can increase your deductible, which is the amount you pay out of pocket before your insurance kicks in. This can lower your monthly premium but can also increase your out-of-pocket expenses if you get into an accident.
Third, you can bundle your car insurance with other types of insurance, such as home or renters insurance. This can help you save money on both policies. Fourth, you can take advantage of discounts offered by insurance companies. These can include safe driver discounts, good student discounts, and low mileage discounts. Finally, you can work on improving your credit score, as this can also help lower your car insurance cost.
The Factors That Affect Car Insurance Cost in Idaho
The cost of car insurance in Idaho can vary depending on several factors, including:
- Age
- Gender
- Driving record
- Credit score
- Type of car
- Location
The Minimum Car Insurance Requirements in Idaho
Idaho requires all drivers to have liability insurance, which covers damages and injuries you cause to others in an accident. The minimum coverage requirements in Idaho are:
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident
- $15,000 for property damage per accident
The Average Car Insurance Cost in Idaho by City
The average car insurance cost can vary depending on where you live in Idaho. According to Bankrate, here are the average annual car insurance costs by city:
- Boise: $691
- Nampa: $680
- Idaho Falls: $679
- Pocatello: $669
- Coeur d’Alene: $656
The Benefits of Having Car Insurance in Idaho
Car insurance can provide several benefits to drivers in Idaho, including:
- Protection against financial losses in case of an accident
- Legal protection in case of a lawsuit
- Peace of mind while driving
The Consequences of Driving Without Car Insurance in Idaho
Driving without car insurance in Idaho can result in several consequences, including:
- Legal penalties, including fines and license suspension
- Financial responsibility for damages and injuries you cause in an accident
- Difficulty getting car insurance in the future
The Most and Least Expensive Cars to Insure in Idaho
Some cars can be more expensive to insure than others. According to Insure.com, the most expensive cars to insure in Idaho are:
- BMW M4
- Mercedes-Benz S65 AMG
- Audi R8
- BMW M3
- Mercedes-Benz S560
The least expensive cars to insure in Idaho are:
- Subaru Outback
- Jeep Wrangler
- Subaru Forester
- Honda CR-V
- Ford Escape
The Pros and Cons of Full Coverage Car Insurance in Idaho
Full coverage car insurance includes liability insurance, collision insurance, and comprehensive insurance. While this can provide more protection, it can also be more expensive. The pros and cons of full coverage car insurance in Idaho are:
- Pros: More protection in case of an accident, peace of mind, protection for your own vehicle
- Cons: Higher cost, higher deductible, may not be necessary for older or less valuable vehicles
Success Story
“I was able to save over $100 per year on my car insurance by shopping around and comparing quotes from different insurance companies. I also took advantage of the discounts offered by my insurance company, including a safe driver discount and a low mileage discount. By doing these things, I was able to lower my car insurance cost and have more money in my pocket each month.” – John, Idaho driver
FAQ
What is the average car insurance cost in Idaho?
The average car insurance cost in Idaho is $691 per year.
What is the minimum car insurance requirement in Idaho?
Idaho requires all drivers to have liability insurance with a minimum coverage of $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $15,000 for property damage per accident.
How can I lower my car insurance cost in Idaho?
You can lower your car insurance cost in Idaho by shopping around and comparing quotes from different insurance companies, increasing your deductible, bundling your car insurance with other types of insurance, taking advantage of discounts, and improving your credit score.
What are the consequences of driving without car insurance in Idaho?
Driving without car insurance in Idaho can result in legal penalties, financial responsibility for damages and injuries you cause in an accident, and difficulty getting car insurance in the future.
What are the most and least expensive cars to insure in Idaho?
The most expensive cars to insure in Idaho are the BMW M4, Mercedes-Benz S65 AMG, and Audi R8. The least expensive cars to insure in Idaho are the Subaru Outback, Jeep Wrangler, and Subaru Forester.
Should I get full coverage car insurance in Idaho?
Whether or not you should get full coverage car insurance in Idaho depends on your individual needs and budget. Full coverage car insurance can provide more protection but can also be more expensive.
Maps Location
Tips
Here are some tips to help you lower your car insurance cost in Idaho:
- Shop around and compare quotes from different insurance companies.
- Increase your deductible to lower your monthly premium.
- Bundle your car insurance with other types of insurance to save money.
- Take advantage of discounts offered by insurance companies.
- Improve your credit score to lower your car insurance cost.
Summary
The average car insurance cost in Idaho is $691 per year, but this cost can vary depending on several factors. To lower your car insurance cost in Idaho, you can shop around and compare quotes, increase your deductible, bundle your car insurance with other types of insurance, take advantage of discounts, and improve your credit score. It is important to have car insurance in Idaho to protect yourself and others in case of an accident.
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