Idaho is known as the supplier of the country's potatoes, but homeowners here know it as a state occasionally plagued by wildfires and floods. Residents of Idaho will want to make sure their homes are protected by a strong homeowners insurance policy.
The average cost of homeowners insurance in Idaho is $1,258 per year or $105 a month. That's almost 28% lower than the national average of $1,754 per year.
Compare the best homeowners insurance companies in Idaho
Policygenius found the best homeowners insurance companies in Idaho by analyzing quotes across every ZIP code in the state. We also looked at J.D. Power customer satisfaction scores and compared that with the coverage needs of Idaho residents to find the best homeowners insurance in the state.
Company | Average monthly cost | Policygenius rating | |
|---|---|---|---|
$194 | 4.8 out of 5 | ||
$103 | 4.5 out of 5 | ||
$74 | 4.5 out of 5 | ||
$178 | 4.4 out of 5 | ||
$212 | 3.9 out of 5 |
2023 Policygenius award winner
State Farm
4.8
Bundle home & auto
Offers extended replacement cost
Offers flood insurance
Offers earthquake insurance
Wind/hail deductible
Offers wildfire insurance
Why we chose it
State Farm is one of the best home insurance companies in Idaho thanks to its large selection of policy options, high customer service marks, and industry-best financial stability ratings.
Pros and cons
Pros
Save up to $1,127 per year when you bundle your home and auto insurance
Excellent line-up of policy add-ons, including extended replacement cost coverage
Cons
No longer sells home insurance policies in California
20% more complaints filed with the NAIC than other companies of its size
More details
Why we chose State Farm
State Farm is one of the best home insurance companies in Idaho, especially if you want to add coverage to a basic policy. State Farm lets homeowners get extended replacement cost coverage for their homes, replacement cost coverage for their personal property, water backup protection, and more.
State Farm's customer service is highly rated, too. The company has received high ratings from policyholders, according to J.D. Power’s 2022 customer satisfaction, claims, and digital experience surveys. It has also received the highest rating possible from A.M. Best for financial strength and stability.
How do State Farm home insurance rates compare to the Idaho average?
The average cost of home insurance from State Farm in Idaho is $2,329 per year, which is 85% more expensive than the national average.
How to get a quote
Online through State Farm or by contacting your local State Farm agent.
2023 Policygenius award winner
Farmers
4.5
Offers extended replacement cost
Bundle home & auto
Smart home discounts
Why we chose it
Farmers is one of the best home insurance companies in Idaho. The company has a range of coverage add-ons, discounts, and high claims satisfaction scores — and rates are lower than the average in Idaho.
Pros and cons
Pros
12+ discounts to save on rates
Extended and guaranteed replacement cost for your home
Shave $50 off your deductible each year you’re with Farmers
Cons
Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys
More details
Why we chose Farmers
Farmers is one of the best home insurance companies in Idaho. You can customize your Farmers home insurance with coverage options like guaranteed or extended replacement cost coverage, water backup protection, and a personal articles floater.
Farmers also earned a high score in J.D. Power’s 2022 claims satisfaction study (though it was below-average on J.D. Power’s overall customer satisfaction and digital experience surveys). Plus, Farmers receives fewer complaints than average, according to the National Association of Insurance Commissioners.
How do Farmers home insurance rates compare to the average in Idaho?
The average cost of Farmers home insurance in Idaho is $1,232 per year, which is 2% cheaper than the average cost of home insurance in the country.
How to get a quote
Online through Farmers
2023 Policygenius award winner
American Family
4.5
Offers extended replacement cost
Offers flood insurance
Bundle home & auto
Why we chose it
American Family is one of the best home insurance companies in Idaho, especially for people who want to add coverage to a basic policy. AmFam also has high customer service ratings and several discounts.
Pros and cons
Pros
Affordable rates and 11 available discounts
Ranked #2 in J.D. Power’s 2022 U.S. Home Insurance Study
Diminishing deductible feature to lower out-of-pocket claim costs
Cons
Only available in 19 states
Offers online quotes, but requires talking to an agent to complete the process
More details
Why we chose American Family
American Family is one of the top home insurance companies in Idaho. You can customize your American Family policy with up to 15 additional coverage options — including inland flood, equipment breakdown, and service line coverage.
Although more expensive than the Idaho average, AmFam's many discounts (including paying your premiums all at once, opting for paperless billing, and signing up for automatic payments) can make your premiums even cheaper.
How do American Family home insurance rates compare to the Idaho average?
The average annual cost of American Family home insurance in Idaho is $886 per year, which is 30% less expensive than the statewide average.
How to get a quote
Online with American Family or by contacting a local agent
2023 Policygenius award winner
Allstate
4.4
Bundle home & auto
Smart home discounts
Why we chose it
Allstate is one of the best homeowners insurance companies in Idaho for people looking for more affordable premiums. Besides affordability, Allstate also offers a few perks to lower your deductible each year you go without filing a claim.
Pros and cons
Pros
High-quality and flexible policy options
Numerous discounts and features that help you save
Below-average customer complaints
Cons
No longer sells home insurance policies in California
Below-average digital experience rating with J.D. Power
More details
Why we chose Allstate
Besides Allstate's lower-than-average premiums, its high customer satisfaction ratings and excellent coverage options make it a top choice for homeowners in Idaho. We also like that Allstate has discounts for setting up automatic payments, bundling policies, and signing up for coverage before your current policy expires — all easy for many people to qualify for.
It also stands out thanks to its diminishing deductible program each year you go without filing a claim. Your rates also won't go up if you only file one claim within a five-year period.
How do Allstate home insurance rates compare to the Idaho average?
The average cost of an Allstate home insurance policy in Idaho is $2,137 per year, which is 70% more expensive than the state average.
How to get a quote
Online through Policygenius or Allstate, or by contacting a local Allstate agent.
Farm Bureau
3.9
Why we chose it
Farm Bureau offers exceptional customer service and the option to bundle a slew of insurance policies on top of just home insurance, include farm and ranch coverage.
Pros and cons
Pros
Excellent customer service score — received 99% fewer complaints expected for a company of its size in 2021
Excellent financial strength rating from A.M. Best, proving it likely has the funds to pay out claims in the wake of a natural disaster
Only pay one deductible if your home, car, and boat are damaged in the same event and you bundle your insurance policies with Farm Bureau
Cons
Rates are $1,400 more expensive than the national average
Only available in 8 states throughout the West
Need to have a Farm Bureau membership in your state to purchase insurance
More details
Why we chose Farm Bureau
Farm Bureau offers a complete line of insurance products — from auto, home, life, commercial, and ranch, allowing you to have all of your policies with one company. Farm Bureau is a great option for Idaho residents looking for personalized customer care and recommendations from a local company that knows the area best.
How do Farm Bureau home insurance rates compare to the Idaho average?
The average cost of Farm Bureau home insurance in Idaho is $2,542 per year, which is about 102% higher than the average annual premium in Idaho.
How to get a quote
By contacting a local Farm Bureau agent
Methodology & why you can trust our rates
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
How much is homeowners insurance in Idaho?
The average cost of homeowners insurance in Idaho is $1,258 per year, or $105 a month, for an insurance policy with $300,000 in dwelling coverage. This means insurance in Idaho is less expensive than the national average cost of $1,754 per year.
Idaho homeowners insurance rates by city
Home insurance costs in Idaho can vary widely depending on where you live. For example, home insurance in Meriden costs $1,182 per year, while in Moscow the average cost of coverage is $1,303 per year.
Here’s a look at the average cost of home insurance in the 20 largest cities in Idaho.
City | Average monthly cost | Average annual cost | Difference from state average (%) |
|---|---|---|---|
Boise City | $101 | $1,206 | -4% |
Meridian | $99 | $1,182 | -6% |
Nampa | $101 | $1,212 | -4% |
Idaho Falls | $98 | $1,178 | -6% |
Caldwell | $103 | $1,240 | -1% |
Pocatello | $98 | $1,181 | -6% |
Coeur d'Alene | $93 | $1,114 | -11% |
Twin Falls | $99 | $1,186 | -6% |
Post Falls | $92 | $1,098 | -13% |
Rexburg | $110 | $1,320 | 5% |
Lewiston | $92 | $1,109 | -12% |
Eagle | $104 | $1,249 | -1% |
Kuna | $103 | $1,231 | -2% |
Moscow | $109 | $1,303 | 4% |
Ammon | $98 | $1,181 | -6% |
Hayden | $95 | $1,137 | -10% |
Mountain Home | $92 | $1,109 | -12% |
Chubbuck | $97 | $1,169 | -7% |
Star | $104 | $1,243 | -1% |
Jerome | $112 | $1,338 | 6% |
Idaho homeowners insurance rates by coverage amount
The table below highlights the average annual premium in Idaho for five different levels of dwelling coverage, which is the part of your policy that covers structural damage to your home.
Generally speaking, more dwelling coverage means higher homeowners insurance rates, as shown in the table below.
Dwelling coverage limit | Average annual cost |
|---|---|
$100,000 | $601 |
$200,000 | $969 |
$300,000 | $1,258 |
$400,000 | $1,598 |
$500,000 | $1,950 |
Cheapest homeowners insurance companies in Idaho
Looking at average home insurance costs for the 15 most popular insurers in Idaho, we found that the cheapest homeowners insurance companies in Idaho are American National, Mutual of Enumclaw Insurance, and Grange Insurance.
Company | Average annual cost |
|---|---|
$508 | |
Mutual of Enumclaw Insurance | $805 |
$830 | |
$886 | |
Oregon Mutual | $987 |
$1,099 | |
$1,149 | |
$1,232 | |
$1,517 | |
$2,137 | |
$2,329 | |
$2,542 |
Cheapest Idaho homeowners insurance if you have poor credit
If you have a poor credit score, your homeowners insurance rates will be higher. Insurance companies charge higher premiums to homeowners with lower credit scores because they believe these policyholders are more likely to make future claims.
Company | Average annual cost |
|---|---|
Mutual of Enumclaw Insurance | $1,067 |
Grange Insurance | $1,193 |
American Family | $1,233 |
Oregon Mutual | $1,452 |
American National | $1,540 |
Nationwide | $1,581 |
Farmers | $1,793 |
USAA | $2,196 |
Foremost | $2,258 |
Allstate | $2,781 |
State Farm | $3,538 |
Farm Bureau Insurance | $4,184 |
Cheapest Idaho homeowners insurance if you have an older home
Older and historic homes are usually more expensive to insure than newer homes. Insurers consider them a higher risk because they can be fragile, their construction materials may be obsolete, and certain structural components like the roof or plumbing may not be in good shape or up to current-day code.
Here are the cheapest home insurance options in Idaho for a 50-year-old home.
Company | Average annual cost |
|---|---|
American National | $508 |
Mutual of Enumclaw Insurance | $825 |
Grange Insurance | $830 |
American Family | $917 |
Oregon Mutual | $987 |
Nationwide | $1,060 |
USAA | $1,178 |
Farmers | $1,232 |
Foremost | $1,380 |
Allstate | $2,196 |
State Farm | $2,339 |
Farm Bureau Insurance | $2,553 |
Cheapest Idaho homeowners insurance if you have a history of claims
One of the biggest factors that plays a role in your home insurance premium is your claims history. You'll typically pay more for home insurance if you have multiple claims on your record, since insurers perceive you as posing a greater risk of filing more claims later on.
Here are the cheapest home insurance companies in Idaho for a homeowner with three claims within a five-year period.
Company | Average annual cost |
|---|---|
American National | $737 |
Grange Insurance | $830 |
Mutual of Enumclaw Insurance | $1,125 |
USAA | $1,703 |
American Family | $1,775 |
Farmers | $2,033 |
Oregon Mutual | $2,162 |
Nationwide | $2,191 |
State Farm | $2,668 |
Farm Bureau Insurance | $2,772 |
Allstate | $3,654 |
Foremost | $5,057 |
Coverage options in Idaho
When buying homeowners insurance in Idaho, you should be aware of what your policy does and doesn’t cover. There are a few additional types of insurance you may need to consider getting to protect against the state’s flooding, wildfires, and tornadoes.
Flood insurance
Most homeowners insurance policies don’t cover flood damage, so Idaho residents in at-risk areas should consider flood insurance on top of their regular insurance policy.
In addition to comparing home insurance quotes, homeowners in Idaho can also compare private flood insurance rates with Policygenius, or choose a policy through a government entity like the National Flood Insurance Program.
Tornado insurance
Although homeowners insurance usually covers wind and tornado damage, be sure you have enough insurance to rebuild your home if it's destroyed in a tornado by adding replacement cost coverage to your policy. It's possible that a company won't cover wind damage or may charge a separate deductible after a tornado damages your home. In this case, you could get a separate windstorm policy — or find another company that does cover wind damage.
Wildfire insurance
It's important for homeowners in Idaho to be prepared for stronger and more frequent wildfires. While most home insurance policies cover fire damage, consider adding replacement cost coverage to be sure you can fully rebuild your home after a fire.
You may have a hard time getting coverage if you live somewhere that's prone to wildfires. If this is the case, you could get coverage from a surplus lines carrier or take steps to lower your fire risk:
Creating a defensible space around your home by removing flammable vegetation
Tree pruning
Raking or removing any dead leaves or brush from your roof, gutter, or yard
Installing a fire-resistant “Class A” roof
Installing dual- or triple-paned windows
How to buy homeowners insurance in Idaho
Idaho homeowners know the risks of wildfire and flood damage. That's why it's extra important to compare policies from multiple companies to make sure you’re getting the best coverage at the fairest price.
Here are a few steps to follow as you shop for homeowners insurance in Idaho:
Frequently asked questions
What is the average cost of homeowners insurance in Idaho?
The average cost of homeowners insurance in Idaho is $114 per month or $1,363 per year.
Is home insurance required in Idaho?
There are no state laws that require home insurance, but most mortgage lenders require you to purchase coverage before they’ll extend you a home loan.
How do I lower my home insurance premiums?
There are a number of ways to lower your insurance costs. You can shop around, find some comparison options and see if you can lower your premiums. You can opt into a higher deductible, as long as you can afford that increased cost out of pocket. It's always a good idea to do a little research and take advantage of different discounts offered by your insurance provider.
