Idaho car insurance rates vary considerably and depend on several factors including driver age, coverage required, driving record and vehicle to be insured as well as claims history. NerdWallet’s Idaho Car Insurance Calculator lets you estimate how much car insurance will cost depending on your exact coverage needs and personal details – it’s also useful for estimating overall car purchase costs such as loan/lease payments, title registration fees and dealer-installed options packages.
Age and driving record are two key elements that determine Idaho car insurance rates. Younger drivers, particularly teenagers, pay more due to inexperience behind the wheel and increased accident risks; often saving money by being added onto their parents’ policies instead.
Your Idaho car insurance rates depend heavily on both your credit history and claims history. For instance, having been involved in at-fault accidents will increase significantly your rates based on increased risk. On the other hand, having excellent credit can lower them up to 18 percent on average.
Selecting an adequate level of coverage and deductibles can help reduce Idaho auto insurance rates. Full coverage – which provides liability, collision, and comprehensive protection – may provide peace of mind in case of an unexpected incident. Although costly, this coverage provides added peace of mind that should a serious accident arise it will provide necessary protection.
Idaho full coverage policies typically cost an average annual premium of around $377; however, you can obtain cheaper rates by choosing only the minimum coverage required by law – though doing so does put you at greater risk and does not provide sufficient financial protection.
Before selecting a policy, it is recommended to compare rates from multiple insurers. Not all car insurers calculate rates similarly, and some have more favorable reputations than others; among the more well-known and reliable car insurers include State Farm, Nationwide, Progressive USAA & Geico.
Other variables that may impact Idaho car insurance rates include your vehicle type, driving record and whether or not you have a teenage driver. MoneyGeek’s Idaho car insurance calculator allows for an in-depth estimate by answering just a few questions – then compare estimated Idaho car insurance rates before choosing the ideal option for yourself. Whether opting for minimum coverage or full-coverage policies, one effective strategy to keep Idaho car insurance costs low is to avoid claims and accidents as much as possible by driving safely – defensive driving courses have proven successful at cutting rates up to 18 percent on average.