Cheapest Auto Insurance Quotes for College Graduates in Idaho

When buying insurance for college grads, one of the key factors used to determine the amount you pay for auto insurance is where your home is located in Idaho. Urban areas that are densely populated like Sandpoint, Moscow, and Lewiston tend to pay higher rates, whereas areas with lower vehicle theft rates and fewer weather claims have the benefit of the cheapest auto insurance for college graduates in Idaho.

The illustration below shows the most costly cities in Idaho for college graduates to buy an auto insurance policy in.

Information shown are estimated as the specific zip code location can change auto insurance rates greatly.

Finding cheap auto insurance is tough enough, and determining which companies offer the cheapest insurance rates for college graduates may require even more rate comparisons. Every auto insurer uses a different method to set premium rates, so to begin we’ll rank the overall cheapest insurance companies in Idaho.

It’s a good idea to be aware that Idaho insurance rates are influenced by many factors that can increase the price you have to pay. That is why consumers need to take the time to compare rates when trying to get the most budget-friendly auto insurance rates for college graduates. Insurance rates can be altered by many risk factors and change dramatically, so the most economical option the last time you compared rates may now be quite expensive.

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American National generally has some of the cheapest car insurance rates in Idaho at around $247 per year. Farm Bureau of ID Group, USAA, Oregon Mutual, and Travelers are also some of the lowest-priced Idaho auto insurance companies.

In this example, if you buy coverage from Oregon Mutual and switched to Farm Bureau of ID Group, you could earn annual savings of around $128. Insureds with Travelers may save as much as $157 a year, and American Family policyholders might reduce prices by as much as $170 a year.

To get a quick, customized rate comparison, click here to begin a quote or visit several of the following companies.

Be aware that those prices are averaged for all insureds and vehicles and are not factoring in a rate discount for college graduates. So the insurer that fits your situation best may not even be shown in the list of companies shown earlier. That underscores the importance of why you need to quote rates from as many companies as possible using your own specific driver information and vehicle.

Safe drivers pay less for insurance

The obvious way to maintain the cheapest insurance rates for college grads is to drive safely and avoid accidents and keep your driving record clean. The example below shows how violations and fender-benders can affect insurance costs for different age groups. The costs are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 2201,2675,3169],[‘Age 30’, 1137,1617,2107],[‘Age 40’, 1105,1579,2071],[‘Age 50’, 1013,1491,1983],[‘Age 60’, 999,1473,1965],[‘Age 70’, 1161,1643,2129]]);var options = {title: ‘Accidents, Violations, and Idaho Insurance Prices’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Idaho’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data above shows the average cost of a car insurance policy per year with no violations or accidents is $1,269. Receive two speeding tickets and the average cost increases to $1,746, an increase of $477 each year. Now get one accident along with the two speeding tickets and the yearly cost of insurance for college graduates goes up to an average of $2,237. That’s an increase of $968, or $81 per month, just for being a less-than-perfect driver!

Discounts on the cheapest auto insurance for college graduates in Idaho

Insurance companies that provide coverage for college graduates may also offer discounts that may potentially lower prices by as much as 25% or more if you qualify. A list of insurance companies and a partial list of their discounts are outlined below.

• Progressive policyholders can earn discounts including multi-vehicle, homeowner, good student, online signing, and continuous coverage.
• MetLife may have discounts that include good student, multi-policy, claim-free, defensive driver, and accident-free.
• Mercury Insurance offers discounts including good student, accident-free, multi-policy, low natural disaster claims, age of vehicle, annual mileage, and professional/association.
• Nationwide includes discounts for multi-policy, easy pay, good student, accident-free, family plan, anti-theft, and defensive driving.
• GEICO may offer discounts for driver training, seat belt use, five-year accident-free, emergency military deployment, anti-lock brakes, good student, and multi-policy.
• AAA has savings for education and occupation, AAA membership discount, good driver, multi-car, good student, anti-theft, and pay-in-full.

The diagram below shows the comparison of premium costs with and without discounts. The premiums are based on a male driver, no violations or claims, Idaho state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with accident-free, anti-theft, defensive driving course, multiple vehicle, multiple policy, and claim-free discounts applied. When drivers take advantage of discounts, the the average yearly reduction on insurance for college graduates is 28% or $503.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 3141,2261],[‘Age 30’, 1599,1163],[‘Age 40’, 1597,1157],[‘Age 50’, 1453,1055],[‘Age 60’, 1405,1019],[‘Age 70’, 1713,1235]]);var options = {title: ‘Insurance Premium Comparison for College Graduates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Idaho’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}