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The Best Homeowners Insurance in Idaho [2023]

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Find a top-ranked Homeowners Insurance Agency in your area

It’s no surprise that many are abandoning tax-expensive Western states like California in pursuit of a home in Idaho. Not only does the “Gem State” have stunning scenery and natural surroundings, but the overall cost of living and quality of life is favorable as well. 

If you’re considering purchasing a home in Idaho, it’s important to take into account the challenges you may face in some of the more extreme months. 

We at Expertise.com have analyzed a handful of home insurance companies. We’ll uncover everything to know about homeowners insurance in Idaho, and help you find the most comprehensive, cheapest coverage to suit your needs.

Average Cost of Homeowners Insurance in Idaho

The average cost of homeowners insurance in Idaho is $1,200 per year according to ValuePenguin

The cost of homeowners insurance in Idaho can differ vastly based on a few key factors:

  • The age of your home: Is your Idaho home an older home that is at risk of more structural wear and tear?

  • The square footage of your home: How big is your home? In general, larger homes will cost more to insure.

  • The materials used to build your home: Was your Idaho home built using materials prone to things like rotting or structural damage?

  • Building costs in your area: Because insurance deals with repairs and replacement, coverage increases with increased building costs.

  • The location in which you live: What are crime rates like? How close are you to a fire department? How close are you to water or a flood zone?

  • Any additional features: Does your house have a swimming pool or hot tub that could pose a potential risk to guests? Do you have pets, and if so, what are their breeds? Surprisingly, insurers will look at these things when assessing prices.

  • Your deductible: A higher deductible will decrease your premium, but could cost you more if you file a claim. Talk to your insurance provider about diminishing deductibles to get the best plan that suits your payment needs.

Idaho Homeowners Insurance Rates by City

It’s no surprise that homeowners insurance rates and policies can vary greatly depending on where you live in the state.

Below is a breakdown of the average annual insurance rates for the 10 most populated cities in Idaho:

City

Average Annual Rate

Boise City

Meridian

Nampa

Idaho Falls

Caldwell

Pocatello

Coeur d'Alene

Twin Falls

Post Falls

Lewiston

The Best Homeowners Insurance in Idaho

After extensive research, we at Expertise.com found the following insurance agencies to provide the best, comprehensive home insurance coverage in Idaho:

Mutual of Enumclaw Insurance

Mutual of Enumclaw


Average Annual Rate: ~ $700

Notes: Most affordable option; impressive coverage options

Foremost

Foremost


Average Annual Rate: ~ N/A

Notes: Great option if you own a mobile home in Idaho

Farm Bureau

Farm Bureau


Average Annual Rate: ~ $2,600

Notes: One of the top-rated options because of its personalized service; headquartered in Pocatello so knows the state well

Farmers logo

Farmers


Average Annual Rate: ~ $950

Notes: Flexible coverage options

Allstate logo

Allstate


Average Annual Rate: ~ $1,300

Notes: Extensive coverage options

USAA logo

USAA


Average Annual Rate: ~ $1,200

Notes: Great for military personnel 

Cheapest Homeowners Insurance in Idaho

The cheapest homeowners insurance coverage in Idaho is Mutual of Enumclaw.

It’s important to remember that prices vary depending on each person’s unique scenario, but if cost is the most important variable for you, check Mutual of Enumclaw’s coverage options and exclusions first.

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Find Cheap Homeowners Insurance in Your Area

FAQs

Below, we tackle some common questions to help you make a more informed decision about which homeowners insurance to choose in Idaho specifically. 

How to Reduce Homeowners Insurance Costs in Idaho

As we’ve pointed out, the price you pay for Idaho home insurance can vary substantially across insurers. 

Here are a few ways to reduce costs:

  • Increase your deductible. This will help reduce monthly costs to your insurer, but it may mean paying more out of pocket should you need to make a claim. Similarly, paying your 6-month or 1-year premium in full will drive down monthly costs.

  • Bundle policies. Bundling your home and auto insurance can help you save 5–15% on your premiums. Talk to your insurance provider about home and car insurance bundling options and how that helps you save.

  • Take the necessary steps to make your home disaster-resistant. Some examples include:

    • Install a smoke detector and/or fire alarm.

    • Get a burglar alarm and/or dead-bolt locks.

    • Install a sprinkler system.

  • Nix the high-risk accessories. Similar to the above point, rid your home of things that are considered “high risk.” For example, did the kids go off to college? Time to throw out that trampoline that’s sitting in the backyard.

  • Seek out other discounts. Some things to look into:

    • Do you work from home? Insurance providers may feel you’re less prone to theft or may spot a fire or flood sooner.

    • Are you retired? You may qualify for a discount. 

    • Does your employer offer a group deal?

    • Even something as simple as choosing paperless billing can help you save!

  • Keep good credit. Some agencies will look at your credit history and charge less for those with good financial strength and standings.

As always, consult your insurance agent to see which of the above discounts you qualify for.

Idaho Insurance Options in Your City

At Expertise.com, our goal is to connect Idaho residents and renters with the best local experts and agencies, so you can find the home insurance policy that safely insures your home and most prized possessions. 

View our list of the 15 best homeowners insurance agencies here

Learn more about the best homeowners insurance options in your respective Idaho cities below:

Our methodology evaluates each provider based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.