When shopping for Idaho car insurance, there are multiple factors that can impact your car insurance rate quote. Awareness of these factors will allow you to make informed choices that may help you save money on car insurance.
Some of these factors are state specific and are related to statistics of that state. States that have the highest number of traffic fatalities will have higher car insurance rates. Conversely states that have a lesser number of car accident claims filed will have more affordable insurance.
The type of car insurance you choose will affect the cost of your auto insurance policy. Understandably car insurance that covers more will cost more.
One type of insurance is liability. All but a few states have minimums on the amount of liability coverage a motorist must have. Idaho requires a minimum of $20,000 in liability for each injured person in an accident with a maximum of $50,000 per accident and a maximum of $15,000 per accident in property damage. This is often listed as 20/50/15 coverage.
A second type of car insurance is collision. Collision insurance covers a vehicle colliding with something or someone. This type of coverage can also include things like towing or salvage costs.
Comprehensive insurance covers anything that could happen to your vehicle that was not the result of a collision. This includes things like theft, bad weather, fire, and vandalism. Sometimes comprehensive coverage and collision are offered as a package deal but can be purchased separately as well.
An additional type of Idaho car insurance available is underinsured and uninsured motorist insurance. This will pay the difference between the cost of the property damage or injury if the driver at fault has inadequate coverage or none at all.
Idaho Car Insurance policies routinely offer discounts to drivers that meet certain criteria. A safe driver discount might be given to those who've been accident free for a specified period of time. Drivers who drive under a given number of miles each year can get a low mileage discount. A good student discount may be given to youths that are at least 16 years old and rank in the upper 20% of their class. Drivers 50-55 can qualify for a senior discount of 5-10%.
There are some considerations that can cause increased car insurance rates. A poor driving record will result in a higher car insurance rate quote. You can improve a poor driving record by taking a defensive driving or other type of course to erase a minor infraction and lower your premium.
Geographic location can affect the cost of your car insurance too. Densely populated areas, areas with extreme weather or remote places have higher rates. Driving small, fast, sporty cars or having a poor credit score will cause you to have a higher premium.
In order to have confidence that you will receive compensation for an Idaho car insurance claim, the financial stability of you insurer is an issue of concern. The financial stability of insurers can be determined via ratings given by companies like Standard & Poors and A.M. Best. Always perform thorough research and take your time while selecting the policy that's best for you.