Buying a home in Idaho can be a fulfilling experience, but it can also include the right insurance coverage for the home. One of the best ways to get affordable homeowner insurance in Idaho is to get quotes from a variety of insurance companies. Insurify compares different home contents insurance deals to make sure you're getting good home contents insurance. Our analysts have compiled a list of seven home insurers in Boise, Idaho, and the following seven home insurers in the state of Idaho.
Using our analysis to find out what's important for the average homeowner, we found that the following five companies are the best homeowner insurance in Idaho.
We found that USAA, State Farm and MetLife are the best home insurers in Idaho with the highest average ratings for customer service and coverage. Allstate gets an average rating of 3.5 out of 5 and writes standard home contents insurance, but you don't have to sacrifice customer service to take advantage of its low-cost rates. There are also a number of other insurers in the state, including American Express, American Home Insurance and Aetna, as well as a handful of smaller companies. StateFarm is the largest insurer in the US, but also writes more policies for Idaho than any other insurer with more than 15% market share.
The Idaho Farm Bureau is recommended as the best home insurance company in the state for offering some of the lowest rates we have ever seen. The coverage is standard for the industry and we think it provides good value overall. A.M. Best, the Farmers deliver trusted service and affordable rates to Idaho homeowners. The A + rating is underpinned by excellent customer service, good coverage and low interest rates.
Nationwide has generous multi-policy discounts for home insurance bundled with car insurance or any kind of property insurance. The American Family website says customers can save between 29% and 20% on car insurance and up to 35% on property insurance with this package.
The study found that in Idaho, the average home insurance cost $2,000 more than the national average for a single insurance package.
The median home value is $298,257, and the average annual premium for home insurance in Idaho was $703, more than double what the average US policyholder pays. In Idaho, the best price for a single insurance package of $2,000 or more per year for the same insurance plan was about $455. By 2021, the average premium for home insurance in Idaho would cost $1,266 a year, but the median home value was $298,257.
In Idaho, you can expect to pay an additional $161 a year for earthquake insurance, and a total of about $2,500 for home insurance.
Adequate homeowner insurance is an important part of residency, and it is important to protect your investment with comprehensive insurance - including homeowners insurance in Idaho Falls. You should choose your homeowner policy carefully (see our Consumer Advice on Home Insurance).
If you want to know more, the Idaho Department of Insurance has a fact sheet explaining how title insurance works in Idaho. Visit our website to become a member and decide whether insuring your Idaho home through the farm office is the right decision for you.
Employees of Richardson Insurance Services, Inc. can help you assess the additional benefits you need in your Idaho insurance plan and help you understand your other risks. Visit our website for more information on selecting coverage, managing deductibles and saving money on homeowner insurance. Northwest Insurance Brokers helps you find the home insurance that best suits your needs by offering tailored insurance coverage.
To find the insurance companies in Idaho with the best customer service, read the National Association of Insurance Commissioners (NAIC), which publishes a list of the 10 most customer-friendly home insurers in the United States. Read our guide to researching good home insurance and rank them by factors such as insurance costs, quality of service and customer satisfaction.
Often homeowners' insurance options are calculated individually, so the price you pay for your policy will depend on the cover you buy. To see how insurance costs for homeowners in Idaho compare to rates in other states, ValuePenguin calculates the average insurance premium for each state. Prices for homeowner insurance in a given state can vary based on claims filed nationwide from home insurance and depend on the value of items in the insured home, according to the National Association of Insurance Commissioners.
Finding the right home insurance will take much more than just the price of the insurance itself, so here's how to do it. To find an insurance policy for homeowners in Idaho that suits your needs and budget, contact an insurance expert before you start comparing policies. Use an Idaho state minimum insurance quote as an underlying and check the offers to see how much more you would pay.