Cheapest and Best Car Insurance Companies in Meridian, ID

The most affordable insurer may vary depending on your coverage needs, preferences and driver profile. American National P&C has the cheapest rates for full and minimum coverage in Meridian. It also offers the lowest premiums for military-affiliated drivers and those with a speeding ticket or an at-fault accident. Teen drivers and those with a DUI will find the best value from State Farm. For the best balance of affordability and service, we recommend American National P&C.

The cheapest car insurance companies for a minimum coverage policy in Meridian are:

• American National P&C: $145 per year
• Auto-Owners Insurance Co: $179 per year

Dairyland is the most expensive provider for minimum coverage, with premiums averaging $664 per year. American National P&C offers the cheapest auto insurance in Idaho and not just in Meridian, at an average cost of $127 per year for a minimum coverage policy. This makes getting insured with this provider roughly $18 more expensive in Meridian than in most other cities in the state.

The state determines liability limits for minimum coverage insurance. In Idaho, minimum coverage extends to bodily injury and property damage with these limits:

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $15,000 property damage liability per accident

The liability limits in your policy tell you how much your insurer will pay for injuries and damages to other drivers and their passengers if you’re at fault in an accident. If your policy only meets Idaho’s minimum bodily injury liability limit of $25,000 per person and $50,000 per accident, your insurer will pay for medical expenses up to $25,000 but not exceeding $50,000 per incident, regardless of how many people were injured. Any costs exceeding this limit must come out of your pocket.

The cheapest car insurance companies for a full coverage policy in Meridian are:

• American National P&C: $303 per year
• State Farm: $390 per year

Dairyland is the most expensive insurer for full coverage at an average annual rate of $1,401. American National P&C offers the cheapest full coverage auto insurance in Idaho at $299 per year as of October 2022, almost identical to Meridian's average rate.

Full coverage insurance increases your level of protection because it has higher liability limits and adds comprehensive and collision insurance to your policy.

• Collision Insurance: Covers the costs to repair or replace your vehicle if it sustains damage in an at-fault accident, such as a collision with another car or an object.
• Comprehensive Insurance: Covers expenses to repair or replace your vehicle if it sustains damage in a non-accident incident like theft, vandalism or a weather-related event.

A full coverage policy isn’t always advisable if you have an older, less valuable car, but we highly encourage that drivers of newer and more expensive cars get this type of policy.

The cheapest car insurance companies for a full coverage policy after driving violations in Meridian are:

• Speeding ticket: American National P&C ($372 per year)
• At-fault accident: American National P&C ($437 per year)
• DUI: State Farm ($436 per year)

Dairyland is the most expensive provider following a speeding ticket ($1,590) and an at-fault accident ($1,791). GEICO charges the highest rates after a DUI, an average annual rate of $2,030. Compared to drivers with clean records, those with offenses often pay higher premiums, even with the cheapest companies.

In most cases, violations will cause your premiums to increase relative to the seriousness of the offense. In Meridian, a full coverage policy will cost an average of $102 more per year after a speeding ticket and $436 more after a DUI. There are still several affordable car insurance options for drivers with bad records.

The cheapest car insurance companies for teens on a family policy in Meridian are:

• State Farm: $1,072 per year for female teens; $1,360 per year for male teens
• Nationwide: $1,249 per year for female teens; $1,386 per year for male teens

Travelers has the highest rates for teens, with a full coverage policy costing around $1,794 for girls and $2,289 for boys per year when added to a family policy. On average, male teens are higher-risk and more expensive to insure than female teens. The gender-specific rate differences drop off in early adulthood.

If you have a teen driver in the family, one of the best ways to save on insurance is to add the teen to a family policy. Buying separate policies is usually more expensive. For example, the average 16-year-old boy in Meridian who purchases a separate policy pays around $4,081 per year for full coverage. Piggybacking on a family policy only costs $1,667 per year, a $2,414 difference. This is just one of several ways families can save when purchasing the cheapest auto insurance for teens.

The cheapest car insurance companies for military families and veterans in Meridian are:

• American National P&C: $303 per year
• State Farm: $390 per year

These rates are for full coverage insurance. USAA is also worth considering, ranking third on our list of the cheapest providers and offering services tailored to the needs of the military. If you prefer to purchase a minimum coverage policy, American National P&C and Auto-Owners Insurance Co offer the lowest premiums at $145 and $179 per year, respectively.

Many insurers offer personalized quotes for free. But completing the online form could take 15 minutes or longer per company, and you’ll need to provide a lot of personal information.

Use MoneyGeek’s car insurance calculator for a quick ballpark figure of your premium. Enter your age, vehicle type, preferred coverage level and driving record, and our database will automatically scan thousands of quotes to give you a reliable estimate.

The best car insurance for you depends on your preferences regarding affordability, service quality, coverage options and other factors. These are the best car insurance companies in Meridian, Idaho, for several categories, according to our research:

• Best overall: American National P&C (MoneyGeek 83 score out of 100)
• Best for service: American National P&C (MoneyGeek score 67 out of 100)
• Best cheap: American National P&C (MoneyGeek score 83 out of 100)

A company’s MoneyGeek score can vary depending on how we adjust criteria weights for a specific category. Based on our study, American National P&C is the best overall auto insurer in Meridian and the best car insurance in Idaho. For drivers with a military background, the next-best option is USAA, earning a MoneyGeek score of 82 out of 100.

The following car insurance companies offer the cheapest car insurance with great customer service in Meridian:

• American National P&C: MoneyGeek score 83 out of 100 ($303 per year)
• Auto-Owners Insurance Co: MoneyGeek score 78 out of 100 ($419 per year)

As of October 2022, American National P&C offers the cheapest rates out of nine providers and received the highest marks on customer satisfaction. USAA also ranks highly in our system, scoring 82 out of 100, providing its first-rate service alongside the third-cheapest full coverage policies in Meridian at $407 per year.

We recommend these companies if you want to receive the best customer experience in Meridian without considering cost:

• American National P&C: MoneyGeek score 67 out of 100 ($303 per year)
• Auto-Owners Insurance Co: MoneyGeek score 66 out of 100 ($419 per year)

American National P&C has a strong reputation for delivering exceptional service while providing a good selection of essential coverages. Another upside is that this insurer won’t charge you higher rates for these perks, being the most affordable insurer for full coverage out of nine companies in Meridian.

The best auto insurance companies in Meridian that meet Idaho’s minimum coverage requirements are:

• American National P&C: MoneyGeek score 83 out of 100 ($145 per year)
• Auto-Owners Insurance Co: MoneyGeek score 82 out of 100 ($179 per year)

Minimum coverage is often the cheapest auto insurance option for most drivers, but be aware that it gives you the least protection against liability costs and won’t cover damages to your car if you are involved in an accident.

The average cost of car insurance in Meridian is $656 per year. This is $14 less than the average cost of car insurance in Idaho ($670) and cheaper by $595 than the national average ($1,265) as of October 2022. These costs apply to a full coverage policy with $100,000 in bodily injury liability per person, $300,000 in bodily injury liability per accident and $100,000 in property damage liability per accident. Keep in mind that location is just one of several factors that affect car insurance rates.