The Best Homeowners Insurance Companies in Idaho (2022)
The best home insurance company in Idaho offers an ideal balance between customer satisfaction and claims experience, with strong affordability and financial stability. Overall, the best company in Idaho is American Family. However, identifying the best choice for your needs requires you to consider your specific circumstances.
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MoneyGeek’s research indicates that, while American Family is overall the best company in the state, Allstate is the best company regarding stability and USAA is an ideal choice for current and former military members.
We analyzed many different insurance companies in Idaho for different types of homeowners. Our research explored available discounts and coverage types to help you find the best policy fit for your needs.
MoneyGeek also analyzed the cheapest homeowners insurance providers in Idaho for those more concerned with saving on their monthly bill.
The Best Homeowners Insurance in Idaho
The Best Overall Homeowners Insurance Companies in Idaho
MoneyGeek ranked the following providers as the best home insurance companies in Idaho for customer satisfaction, claims reputation, affordability and financial stability:
- American Family: MoneyGeek score of 87 out of 100
- Allstate: MoneyGeek score of 86 out of 100
USAA received a MoneyGeek score of 95 out of 100. However, its plans are only available to people who have a military background.
We explained the coverage and discounts available from American Family and Allstate for additional insight as to why these insurers are ranked the highest.
The Top Home Insurance Companies in Idaho
The average cost of a home insurance policy from American Family is $742 per year. This company ranks highest for customer satisfaction and affordability and third-highest for stability. American Family offers equipment breakdown coverage.
This provider offers equipment breakdown coverage to its customers. With this coverage, you won’t have to worry about the repair or replacement cost of your home appliances, systems or other smart home devices. The company also covers the cost of repairs in the event of hidden water damage inside your home. However, these are additional coverages and aren’t included automatically.Read MoneyGeek's American Family home Insurance Review
On average, it costs $760 for a policy from Allstate. The company ranked second-highest for affordability and stability while placing fourth for customer satisfaction. It offers mold coverage.
Allstate offers mold coverage, which provides protection against mold and fungus in your home. The company also offers energy efficiency upgrade coverage, which covers the cost of the replacement of damaged household items with more energy-efficient items. With Allstate, you may qualify for a discount on your policy if you set up automatic payments.Read MoneyGeek's Allstate home Insurance Review
MoneyGeek researched home insurance quotes from across the U.S. and balanced these quotes against the claims ratings and customer satisfaction scores from J.D. Power to rank the best home insurance nationally and in Idaho.
However, your experience may differ depending on your personal circumstances. Read our methodology for a clear sense of our analysis process.
The Best Homeowners Companies in Idaho for Service Quality
MoneyGeek researched home insurance companies in Idaho based on customer satisfaction and claims experience to find the best policies for people looking for the best service quality, regardless of cost:
- American Family: MoneyGeek score of 83 out of 100
- State Farm: MoneyGeek score of 81 out of 100
We did not include USAA in this ranking, as its policies only apply to military families. However, the company received a MoneyGeek score of 100 out of 100, making it the best insurance company for these customers.
MoneyGeek explains the high scores for American Family and State Farm below for people who want the best service quality regardless of the cost.
The Top Home Insurance Companies in Idaho for Quality Service
American Family is one of the best choices — it ranks the highest for claims settlement and second-highest for customer satisfaction.
American Family offers identity theft coverage, which sends alerts whenever a new credit account is opened in your name or a financial institution inquires about your credit score. The company also offers additional water backup coverage and covers the cost in case of sump pump failure.Read MoneyGeek's American Family home Insurance Review
State Farm has the highest rank for customer satisfaction and ranks fifth for claims settlement. This company also offers a great option for customers seeking strong customer service.
State Farm offers earthquake coverage, which protects against the cost of damages following earthquakes and volcanic explosions. The company also provides coverage against vandalism and glass breakage if your home has been unoccupied for more than 30 days. However, these are additional coverages, which cost extra.Read MoneyGeek's State Farm home Insurance Review
The Best Homeowners Companies in Idaho on a Budget
MoneyGeek researched the best home insurance providers in Idaho for people seeking good service quality and low monthly insurance costs. The following companies offer affordable coverage in the state:
- American Family: MoneyGeek score of 92 out of 100
- Allstate: MoneyGeek score of 92 out of 100
USAA was not included in this analysis. However, the company received a MoneyGeek score of 91 out of 100, making it the third-best option in the state for current and former military members.
The average cost of buying home insurance from American Family is $742 per year, while Allstate charges an average of $760 per year for a home insurance policy.
MoneyGeek analyzed both companies' coverage details to provide a clear sense of why these insurers received such high scores.
The Top Home Insurance Companies in Idaho on a Budget
Affordable home insurance coverage at $742 per year
Discounts on setting up automatic payments, loyalty and legacy
MoneyGeek satisfaction rating of 4.1 out of 5
Does not offer a discount for policyholders who remain claim-free
American Family ranked highest in affordability. The company offers discounts on installing protective devices in your home, renovating your home and bundling auto insurance with your home insurance policy.
Policyholders also qualify for discounts if they use paperless billing or pay in full.
The Best Homeowners Companies in Idaho for Expensive Homes
For people in Idaho who own expensive homes, MoneyGeek researched the following best insurers in the state and weighed a policy with $2 million in coverage against customer satisfaction:
- American Family: MoneyGeek score of 82 out of 100
- Allstate: MoneyGeek score of 82 out of 100
While we did not include USAA in these rankings, it received a MoneyGeek score of 98 out of 100, making it the best home insurance company in the state for military families.
Below, we explain why American Family has high rankings and how the company can help people who need a policy with higher coverage limits.
The Top Home Insurance Companies in Idaho for High-Value Homes
Ranked high for affordability
MoneyGeek satisfaction rating of 4 out of 5
Does not offer content replacement cost coverage
MoneyGeek’s research indicates that American Family is one of the most affordable companies for home insurance in Idaho. It also received a high customer satisfaction score.
The company offers cyber/ID theft coverage to its customers, which protects against online fraud and identity theft. With this coverage, you receive an alert in case of any activity on your account.
The Best Homeowners Companies in Idaho for Veterans
MoneyGeek researched the best home insurance providers in Idaho for military families and found that USAA offers the best policies for current and former military members. The company received a MoneyGeek score of 95 out of 100.
With an average annual cost of $1,172, USAA is the best option for people who have a military background.
The Top Home Insurance Companies in Idaho for Veterans
Its policies are tailored to military families
MoneyGeek satisfaction rating of 5 out of 5
MoneyGeek affordability score of 4.2 out of 5
Only people from military backgrounds qualify
USAA ranked highest for customer satisfaction and received a strong affordability score.
The company offers coverage in case of any damage caused to your home due to an earthquake and also offers home rental coverage, which protects you and your guests if you are renting a home. It also offers a discount for bundling your policy with auto insurance or installing a security device in your home.
The Best Homeowners Companies in Idaho for Bundling
For people who are also looking to buy the best car insurance in Idaho, in addition to a home insurance policy, MoneyGeek researched the best auto and home insurance bundles in the state. We determined that the following companies offer the best home and auto insurance bundles:
- State Farm: MoneyGeek score of 81 out of 100
- Allstate: MoneyGeek score of 75 out of 100
Bundling your home insurance policy with auto insurance will qualify you for discounts and make things more convenient, as the insurance process will be handled by the same company.
The Top Home Insurance Companies in Idaho for Bundling
Offers 30% discount on bundling
Home MoneyGeek score of 3.8 out of 5
Auto MoneyGeek score of 3.7 out of 5
While State Farm did not rank high for home and auto insurance, the company is still a great option for bundling, as it offers a 30% discount if you bundle your home and auto insurance policies.
The company offers mold coverage for up to $20,000, along with earthquake coverage. It also offers roadside assistance and rental car or travel reimbursement.
How to Find the Best Home Insurance in Idaho
If you want to choose the best home insurance company in Idaho, consider each provider's cost, financial stability and customer service reputation before making a decision. While MoneyGeek collected this information, performing your own research can aid in your search.
Research Customer Service Reputations in Idaho
Look up J.D. Power satisfaction scores and NAIC complaint ratios in Idaho for insurers you want to research. Idaho’s Department of Insurance website is also a good resource to find out more information.
Compare Quotes for Yourself
MoneyGeek analyzed average home insurance rates across different locations for a sample customer. However, since the best policy depends on your needs, you should get at least three quotes and compare rates to find a policy that fits your needs.
Make Sure the Company Has Coverages You Want in Idaho
While insurance providers often advertise offers and discounts everywhere in the state, it’s possible that some of these offers are not available in your area. Make sure to confirm coverage options and offers with companies before purchasing coverage.
Double-Check Financial Stability Ratings
Since a company's financial situation can affect the processing of your claims, you should always check an insurer's financial stability rating. Large insurance companies tend to be financially stronger, but regional insurance companies may have lower ratings.
FAQs About the Best Home Insurance in Idaho
The following questions about home insurance in Idaho can help you find the policy that best fits your needs.
MoneyGeek calculated scores for homeowners insurance in Idaho by using a scaled and weighted average of J.D. Power Property Claims and Customer Satisfaction Scores, real homeowners insurance quotes and financial stability ratings from A.M. Best. Our scoring system weighted J.D. Power scores at 60%, affordability at 30% and financial stability at 10%, adjusting weightings in the sections focused on affordability and service experience specifically.
MoneyGeek analyzed homeowners insurance quotes from the top insurance companies in Idaho that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across Idaho. Quotes were gathered for an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $250,000, liability coverage of $100,000 and personal property coverage of $100,000.
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