Idaho Car Insurance
Car insurance in Idaho protects the policy holder against financial loss in the event of an accident, and a car insurance agent will offer basic policies for bodily injury liability, medical payments, property damage liability, collision, comprehensive, and uninsured or underinsured motorist coverage. Medical payment coverage reimburses you and your passengers for medical or funeral expenses incurred, and will cover you or members of your family in the event of being struck by a vehicle while riding in another automobile. Finally, a comprehensive coverage deductible reimburses the policy holder for losses due to theft or damages caused by natural disasters or other perils other than collision with another car or object.
Idaho auto insurance laws require automobile liability insurance policies to include uninsured motorist coverage and underinsured motorist bodily injury coverage unless rejected by the insured in writing. Most states require a minimum coverage for bodily injury or death per person due to a car accident, bodily injury or death per automobile accident, and damages to property due to your legal responsibility:
Required Coverages in Idaho:
- Bodily Injury Liability Per Person: $25,000
- Bodily Injury Liability Per Accident: $50,000
- Property Damage Liability: $15,000
The Idaho Automobile Insurance Plan, administered by the Western Association of Automobile Insurance Plans, will help you obtain auto insurance if you are not able to obtain coverage through the private market. This plan tends to charge higher premiums than private companies, and should be utilized as a last resort. Your driver’s license or vehicle registration may be suspended if you drive without insurance, or you may receive a traffic violation in addition to any other reason for being pulled over.
Determining Your Rate in Idaho
In Idaho, Your automobile insurance rate may be affected by your driving record, coverage record, your age, your vehicle, your area, your credit score, and your average mileage. Higher annual mileages have more opportunities for accident and are charged more insurance. A high credit score will lower your auto insurance rate; a lower credit score will raise your insurance rate or may impede your ability to obtain coverage. The crime rate and population density in your area will affect your insurance rate, and highly populated areas will also raise the cost of insurance.
The installation of safety devices like anti-lock brakes and anti-theft devices like alarm systems or global positioning systems may discount car insurance quotes in Idaho. According to the Insurance Information Institute, Idaho was the fourth least expensive state for automobile insurance, with an average expenditure of $555 in 2009.