How Much Is Car Insurance in Idaho? (2023)

Car insurance rates are significantly affected by various factors, including age, coverage level, location, driving record, credit score and more. In Idaho, the average cost of full coverage ranges from $299 per year (American National P&C) to $1,270 per year (Dairyland). Drivers in their 20s may pay around $194 more than drivers in their 60s.

In Idaho, the average cost of car insurance is $651 per year, but this can change based on various factors, such as a driver’s coverage level and driving record. Here are the average costs of a full coverage policy for Idaho drivers based on their driving records:

• Clean record: $651 per year
• Speeding ticket: $779 per year
• At-fault accident: $888 per year
• DUI: $1,092 per year

These rates are for full coverage. Rates can be lower if you opt for minimum coverage.

Idaho is the cheapest state for car insurance. An average full coverage policy in this state is substantially lower than the national average of $1,054 per year. This could be due to Idaho’s low traffic density, urban population density and vehicle theft rates.

If car insurance is expensive for you, it may be due to personal factors such as age or driving history.

How much you’ll pay for car insurance will vary from the state average because insurance companies calculate rates differently. American National P&C offers the cheapest car insurance in Idaho for minimum coverage at about $127 per year ($299 per year for full coverage), whereas Dairyland has the most expensive premiums at roughly $572 per year ($1,270 per year for full coverage).

Compared to cheap liability-only insurance, you will pay hundreds more for full coverage. Shop around to find affordable full coverage insurance and potentially save on premiums.

Increasing your liability limits will often increase your car insurance premium. The average cost of car insurance in Idaho ranges from $295 per year for state-minimum coverage to $768 per year for full coverage with increased liability limits. Getting comprehensive and collision insurance (also known as full coverage) will increase your rate by hundreds of dollars, but you can save on premiums by choosing a higher deductible.

A minimum coverage policy in Idaho is usually the cheapest car insurance you can buy. It has the lowest liability limits and no comprehensive and collision coverage.

Insurance providers may offer car insurance with increased liability limits, such as 50/100/50 or 100/300/100. A policy with liability limits of 50/100/50 includes the following:

• $50,000 in bodily injury liability insurance per person
• $100,000 in bodily injury liability insurance per accident
• $50,000 in property damage liability insurance per accident

Most insurers have a maximum liability option of 300/500/300. Because liability insurance only covers damages or injuries to others, you need to add comprehensive and collision insurance to your policy to receive coverage for damages to you or your vehicle, making it a full coverage policy.

Age has a significant impact on your premiums, with the cost of car insurance for new drivers or young drivers being more expensive. On average, here’s how much you’ll pay for a full coverage policy in Idaho by age group:

• 22-29: $823 per year
• 30-59: $651 per year
• 60+: $629 per year

While rates for drivers in their 20s tend to be higher, they tend to go down during ages 30 to 60, only increasing again when drivers reach their 60s. Drivers who are new may also have rates similar to those in their 20s.

Car insurance is much more expensive for teen drivers, with policies in Idaho averaging $1,660 per year for a 16-year-old male on a full coverage family plan and $4,056 per year for an individual policy. Drivers younger than 18 may need a parent or guardian’s consent to get coverage.

Car insurance rates tend to decrease as drivers age and become more experienced. For instance, a 19-year-old male driver on a family policy pays $1,258 per year for coverage, while a 22-year-old pays $990 per year. As a rule of thumb, shop around and compare quotes to find the cheapest car insurance in Idaho for teens.

In many states, including Idaho, car insurance rates vary by sex. A 16-year-old female teen on a family policy may spend about $208 less for coverage than a male teen.

The average cost to insure a new car in Idaho is $881 per year for full coverage. This is 26% higher than the cost to insure an older vehicle (roughly $699). New cars are more expensive to insure because of their higher actual cash value, cost of repairs and greater risk of theft.

The actual cash value (ACV) of your car refers to how much your insurance provider will pay to repair or replace it. Your car’s ACV typically depreciates over time, resulting in lower insurance costs.

If you have a new car with a higher ACV, consider getting a full coverage auto policy to provide the ultimate financial protection for your investment. This will cover the costs to repair or replace your vehicle in case of a collision or non-accident incident.

Your driving record has a significant impact on your car insurance rates. In Idaho, drivers will have the following average rates for full coverage based on their driving record:

• Clean record: $651 per year
• Speeding ticket: $779 per year
• At-fault accident: $888 per year
• DUI: $1,092 per year

Car insurance rates tend to increase with the severity of the violation. Those with DUIs are more likely to have expensive rates. It’s critical to shop around and find the cheapest car insurance company in Idaho for drivers with poor records to save on premiums.

Your credit score plays an important role in the cost of your car insurance. In Idaho, drivers with poor credit-based insurance scores pay an average of $972 per year for coverage, whereas those with excellent credit pay only $489 per year. Here are the average costs of car insurance in Idaho based on credit score:

• Excellent: $489 per year
• Good: $560 per year
• Fair: $678 per year
• Below fair: $829 per year
• Poor: $972 per year

Since insurance companies charge higher rates to drivers with low credit scores, it’s vital to shop around to find the most affordable car insurance for those with poor credit.

Where you live in Idaho can significantly affect your car insurance rates. Drivers in Boise City will pay the most for a full coverage policy at $670 per year, whereas those in Meridian will pay the least at $656 per year. Generally, car insurance rates are higher in neighborhoods with denser populations or higher car theft rates.

Your car insurance rates may vary based on personal details and statewide differences. We answered some of the most commonly asked questions about the average car insurance costs in Idaho to help you learn more.