Compare accounts

Get guidance

Compare accounts

Get guidance

Money market accounts

Money market accounts are similar to savings accounts, but offer some checking features as well.

Get guidance

Banking

Skip the searching and find your next bank in minutes with BankMatch℠.

Get guidance

Compare rates

Get guidance

Compare rates

Get guidance

Buying & selling

Find an expert who knows the market. Compare trusted real estate agents all in one place.

Get guidance

Compare investments

Get guidance

Compare plans

Get guidance

Finding an advisor

Get guidance

Compare cards

Find your fit

See your card matches

Answer a few quick questions and we’ll show you your top credit card options.

Compare cards

See what the experts say

Read in-depth credit card reviews to find out which cards have the best perks and more.

Get guidance

Compare lenders

Get guidance

Compare lenders

Get guidance

Compare lenders

Get guidance

Compare lenders

Get guidance

HELOC

A HELOC is a variable-rate line of credit that lets you borrow funds for a set period and repay them later.

Home equity basics

Home equity loans

Home equity loans let you borrow a lump sum at a fixed rate, based on how much of the home you own outright.

Get guidance

Compare rates

Get guidance

Compare rates

Get guidance

Compare companies

Get guidance

Powered by Coverage.com (NPN: 19966249)

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Best homeowners insurance companies in Idaho for 2024

Natalie Todoroff is an insurance writer for Bankrate, prior to which she wrote for a popular insurance comparison shopping app. She has a Bachelor of Arts in English and has written over 800 articles about insurance throughout her career.

Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

Powered by Coverage.com (NPN: 19966249)

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

The Bankrate Promise

At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict  editorial integrity, this post may contain references to products from our partners. Here’s an explanation of  how we make money. Our content is backed by Coverage.com  LLC, a licensed entity (NPN: 19966249). For more information, please see our  Insurance Disclosure.

On this page

The average cost of homeowners insurance in the United States is $2,151 per year for $300,000 in dwelling coverage. In Idaho, the average is 44 percent less at $1,201, or roughly $100 a month. Bankrate's insurance editorial team, which includes licensed property and casualty insurance agents with real-world insurance industry experience, took a careful look at the state of the homeowners insurance industry in Idaho to help you make the best decisions for your own home.

Since Idaho is at high risk of both wildfires and earthquakes, homeowners should know what to look out for when choosing a policy. We looked at average premiums from Quadrant Information Services, third-party scores for customer service from J.D. Power, financial stability ratings from AM Best and other metrics to determine the best homeowners insurance companies in Idaho. In addition to compiling a list of the best and cheapest insurers in the state, we’ve also put together a guide detailing what Idaho homeowners should know about their insurance policies to ensure they have the coverage they need. Here are some things to keep in mind:

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

This content is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate.com. HomeInsurance.com LLC services are only available in states where it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Editorial integrity

Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.

We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.

Bankrate’s editorial team writes on behalf of YOU — the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.

How we make money

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.

Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.

We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.

Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.

On This Page

On This Page

Compare the best homeowners insurance companies in Idaho

To find the best homeowners insurance in Idaho, we looked at which companies write the most policies for Idaho homeowners. Then we looked at coverage options, discounts, average rates and third-party data, including the 2023 J.D. Power U.S. Home Insurance Study. We also analyzed 2024 rate data acquired from Quadrant Information Services, which indicates that the average premium in Idaho is $1,201, or $100 a month, for $300,000 in dwelling coverage. Lastly, we looked at each company’s website to see which one makes it easiest for its customers to handle their insurance needs.

We took all this information and assigned Bankrate Scores for each insurance provider out of a possible 5.0 points to help make it easy for you to quickly compare carriers. Our list of top home insurers in Idaho includes USAA, Allstate, Travelers, State Farm and American Family.

Powered by Coverage.com (NPN: 19966249)

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Bankrate's trusted insurance industry expertise

The home insurance market can be complicated, but Bankrate's insurance editorial team used our unique perspective to bring readers information they need to make educated decisions when shopping for home insurance.

46

years of industry expertise

122

carriers reviewed

34.5K

ZIP codes examined

1.2M

quotes analyzed

The top 5 home insurance companies in Idaho

Best for military-focused coverage

4.7

4.7

Avg. premium for $300K dwelling

$83/mo

Avg. premium for $300K dwelling

$991/yr

Customer satisfaction

881/1,000

Why USAA made our list: USAA is not like most other insurance companies in that it only services active-duty military, veterans and eligible family members. However, if this describes you or your family, you’re in luck. USAA is consistently scored as the top insurance provider for customer satisfaction by J.D. Power; however, it is not officially ranked because of its eligibility requirements. USAA has few discounts, but the ones it does offer are available to many people. For example, if you own a car and choose USAA to insure it, you’ll receive a bundling discount, worth up to 10 percent off your premium.

Who USAA may be good for: If you are stationed at Mountain Home AFB or another Idaho military base, USAA may have some clear benefits. It offers, for example, insurance specifically to cover your uniforms from damage or loss.

CheckmarkPros

Close XCons

USAA’s home insurance policies come with up to $5,000 of identity theft coverage and no-deductible coverage for military gear and uniforms while you are on active or reserve duty. Plus, your dwelling and personal property are already insured at replacement cost value. You can further build out your policy with these endorsements:

Best for discounts

4.2

4.2

Avg. premium for $300K dwelling

$108/mo

Avg. premium for $300K dwelling

$1,294/yr

Customer satisfaction

809/1,000

Why Allstate made our list: Allstate’s discounts could save you a significant amount of money on your premium, especially if you bundle homeowners and auto insurance. The company has a user-friendly website that makes it easy to handle your insurance tasks online, as well as apps for iOS and Android that are well-regarded by users. It also offers an extensive list of insurance types in addition to homeowners insurance, including renters, condo, auto, motorcycle, business, life, pet and more. Allstate does have a lengthy list of policy endorsements, but not all coverage types will be available nationwide. To build out your perfect Allstate policy, speaking with a licensed Allstate agent might be a smart move.

Who Allstate may be good for: Allstate's generous list of potential discounts might make it a good choice for new homeowners who are pinching their pennies after their purchase. Anyone who wants to save money, for that matter, will find discount opportunities such as a home buyer discount, one for paying your bill automatically and an early signing discount.

CheckmarkPros

Close XCons

Allstate policies are highly customizable, and the insurer offers coverage for a variety of things that may be valuable to an Idaho homeowner. For instance, you can purchase special coverage for your yard and garden, musical instruments, sports equipment and for business property stored in your home. Other endorsements include:

Best for green homes

4.1

4.1

Avg. premium for $300K dwelling

$89/mo

Avg. premium for $300K dwelling

$1,064/yr

Customer satisfaction

790/1,000

Why Travelers made our list: If caring for the environment is high on your list of priorities, you may want to take a look at Travelers. The company offers a unique green home endorsement that will pay to upgrade your repairs to green home standards after a covered loss. Other endorsement options include contents replacement cost, water backup and personal articles floater. There also is a green home discount that could save you up to 5 percent if your home is built to LEED standards, as well as potential discounts for bundling, new homeowners, being claims-free and installing protective devices such as smoke detectors. Travelers' average rate is well below the state average, but the company rates below average for customer service: it was the lowest-scoring company among our top choices on the J.D. Power 2023 U.S. Home Insurance Study and scored below average in the J.D. Power 2023 Property Claims Satisfaction Study.

Who Travelers may be good for: Travelers offers competitively-priced insurance that might appeal to anyone who is concerned with ensuring that their home is built to the highest environmental standards.

CheckmarkPros

Close XCons

In addition to the endorsements we mentioned above, you can also add the following to your Travelers home insurance policy:

Best for digital tools

4.2

4.2

Avg. premium for $300K dwelling

$148/mo

Avg. premium for $300K dwelling

$1,781/yr

Customer satisfaction

829/1,000

Why State Farm made our list: State Farm has an excellent website. It’s easy to get an online quote, pay your bills and manage your policy, and the company’s Simple Insights blog is worth looking at even if you don’t buy your policy from this provider. The company's mobile apps for iOS and Android are also highly-rated and allow you to do most of your insurance business digitally. But having said that, the company also has a strong presence of exclusive local agents in Idaho, so if you prefer to talk to a live person, the company can accommodate you. State Farm offers a good variety of home and property, life, health and vehicle policies, and scores above average on the J.D. Power Customer Satisfaction survey. Its average rate for Idaho, however, is on the high side, but you may be able to save money with discounts.

Who State Farm may be good for: If the ability to manage your account online matters to you, State Farm may be a good choice for you. State Farm excels in customer satisfaction, both online and through its in-person agents.

CheckmarkPros

Close XCons

As the largest home insurance company in the country by market share, State Farm has the resources to write many other lines of insurance and insure all types of things a homeowner may find valuable. For instance, the following can be added to a State Farm home insurance policy:

Best for homeowners on a budget

4.2

4.2

Avg. premium for $300K dwelling

$69/mo

Avg. premium for $300K dwelling

$825/yr

Customer satisfaction

813/1,000

Why American Family made our list: Idaho homeowners on a budget may be attracted to American Family’s, or AmFam’s, low average rates. Bankrate’s analysis found that AmFam’s rates for $300,000 in dwelling coverage are 44 percent cheaper than the Idaho average, which could be a boon to your budget. The company also offers good coverage options, including endorsements for equipment breakdown, sump pump and water backup and hidden water damage. A diminishing deductible allows you to earn a $100 credit for every year you don't file a claim.

Who American Family may be good for: AmFam could be a smart choice if you want a company that values its customers and makes sure that customer interactions are positive. It might also be a good option if you have a strict budget, since its average rates are the lowest of any company on our list.

CheckmarkPros

Close XCons

AmFam offers a solid selection of policy endorsements. While its average rates may be on the cheaper side, keep in mind that purchasing additional coverages will likely raise your rate. Here are a few endorsement options available to AmFam policyholders:

Additional Idaho home insurance companies to consider

Idaho Farm Bureau

Who this may be best for

Homeowners looking for local service

Idaho Farm Bureau, a subsidiary of the broader Farm Bureau Insurance, could be a great option for homeowners looking to work with a local agent. Idaho Farm Bureau’s agents typically live in the area they service and may be able to offer state-specific advice. Home insurance policies from Idaho Farm Bureau come with liability coverage for snowmobiles, boats and ATVs already included, which could help explain why its rates are so high. According to our research, $300,000 of dwelling coverage from Idaho Farm Bureau costs $2,360, which is above the Idaho state and national average cost of home insurance.

Oregon Mutual

Who this may be best for

Homeowners who prefer a smaller insurer

While there are many benefits to working with a national insurer, some homeowners may prefer to work with a smaller company. Idaho homeowners who fit this profile may want to look into a policy from Oregon Mutual, a smaller insurer that exclusively writes home insurance policies in Oregon, Washington, California and Idaho. Oregon Mutual partners with independent insurance agencies, which may help point Idaho homeowners in the right direction in terms of what kind of coverage they need. On top of homeowners insurance, Oregon Mutual also writes farm and ranch and winery policies.

Cheapest home insurance companies in Idaho

Bankrate knows that paying for home insurance probably isn’t your favorite task on your to-do list. However, if you get a lower rate, it can help make paying for coverage a less bitter pill. Below are Bankrate’s picks for the cheapest home insurance companies in Idaho, and what they charge on average for $300,000 in dwelling coverage.

How to get cheap home insurance in Idaho

Although home insurance isn't mandated by the state the way car insurance is, your mortgage holder will likely require you to purchase a policy. Even if you don't have a mortgage, however, home insurance can save you thousands of dollars if you are faced with repairs or need to rebuild your home. Having said that, you don't want to pay more for your policy than you need to. Here are some strategies for finding the cheapest Idaho homeowners insurance.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers.

Powered by Coverage.com (NPN: 19966249)

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Leaving so soon? Your custom quotes are just minutes away.

Best home insurance discounts in Idaho

When looking for the best homeowners insurance in Idaho, one factor to take into consideration is the number of discounts that are available to you. Most insurers have at least a few, and many of them are fairly easy to qualify for. A knowledgeable agent can help you ensure that you're getting all the discounts possible. Here are some of the more common ones in Idaho:

How to save on home insurance policy renewals in Idaho

Home insurance policies are usually one-year contracts, which leaves plenty of time between your policy renewal dates to lower your rate. It will ultimately depend on your insurer, but the following steps could help you save:

How much is home insurance in Idaho?

Although every insurer has its own proprietary formula for determining home insurance premiums, in general, Idaho rates tend to err on the low end of the spectrum. Currently, the average cost of homeowners insurance in the United States is $2,151 for $300,000 in dwelling coverage, but in Idaho, it is only $1,201. It’s even cheaper than neighboring states Montana and Washington. Montana homeowners currently pay an average of $2,311, while Washington homeowners pay an average of $1,316.

Idaho homeowners insurance rates by city

Idaho is the 14th largest state in the country, which leaves plenty of opportunity for home insurance rates to change across different cities.

*Rates are for $300,000 in dwelling coverage.

What does home insurance cover in Idaho?

There are multiple types of home insurance, the most common being an HO-3 policy. With an HO-3, your dwelling and other structures are covered on an open-peril basis, while your personal property is covered on a named-peril basis. It sounds complex, but what it means is that your dwelling and other structures are protected from all kinds of perils except what is excluded per your policy and your personal property is covered from only what is listed in your policy.

Depending on where you live, your insurer may exclude or limit certain perils. If you live in a high-risk wildfire zone, for example, your insurer may omit wildfire damage from your home insurance policy. To make sure you have adequate coverage, you might want to review your policy with a licensed agent. Here’s what you can typically expect your home insurance to cover in Idaho:

Additional home insurance coverage types in Idaho

Your policy contains several specific types of coverage. Some of these, such as dwelling coverage, liability and personal property, come with a standard HO-3 home insurance policy. In order to better protect your finances against costly repairs, you may want to consider purchasing additional coverage, such as:

Related content:

Compare home insurance quotes Previously Read

Is homeowners insurance required? Previously Read

Best car insurance in Idaho Previously Read

Common Idaho home insurance problems

According to the Idaho Office of Emergency Management, wildfires and flooding are the two most common natural disasters in the state. And if that weren’t enough, Idaho also experiences earthquakes, volcanic activity and heavy snowfalls. Other disasters Idaho homeowners may have to confront include:

Frequently asked questions

What is the best homeowners insurance in Idaho?

There’s no one Idaho homeowners insurance company that offers the best coverage for everyone. The best insurance company for you will be the one that suits your unique insurance needs. Do you prefer to speak to someone face to face to manage your policy? If so, choosing an insurer with local agents is ideal. Or, if you’d prefer to manage your policy completely online, a company with robust digital tools is probably more your speed. You may also want to take policy options into account and choose the provider that offers the type(s) of coverage you prefer. It is also helpful to compare quotes from multiple providers to find a good deal.

There’s no one Idaho homeowners insurance company that offers the best coverage for everyone. The best insurance company for you will be the one that suits your unique insurance needs. Do you prefer to speak to someone face to face to manage your policy? If so, choosing an insurer with local agents is ideal. Or, if you’d prefer to manage your policy completely online, a company with robust digital tools is probably more your speed. You may also want to take policy options into account and choose the provider that offers the type(s) of coverage you prefer. It is also helpful to compare quotes from multiple providers to find a good deal.

How do I get homeowners insurance in Idaho?

In order to obtain homeowners insurance in Idaho, you will have to contact an insurance provider, either directly or through their website or mobile app. Most insurance companies will ask you about the type of coverage you are looking for, as well as details about you and your home. They’ll likely want to know how old it is, what condition it is in, where it’s located and more. With this info, the insurer can provide you with a quote. At that point, if you decide to move forward with the company, an agent will work with you to finalize your policy.

In order to obtain homeowners insurance in Idaho, you will have to contact an insurance provider, either directly or through their website or mobile app. Most insurance companies will ask you about the type of coverage you are looking for, as well as details about you and your home. They’ll likely want to know how old it is, what condition it is in, where it’s located and more. With this info, the insurer can provide you with a quote. At that point, if you decide to move forward with the company, an agent will work with you to finalize your policy.

Do I need flood insurance for my Idaho home?

You may need flood insurance if you live in Idaho. Even though Idaho is a landlocked state, if your home is near a lake, river or other body of water, you could be at risk of flooding — especially when the snow melts in the spring. Your insurance agent can help you decide if flood coverage is a worthwhile expense for you. According to Risk Factor, about one in five Idaho homes are at a high risk of experiencing flood damage within the next 30 years. If you live in one of these high-risk areas, flood insurance could be worthwhile to protect the financial investment you’ve made in your home.

You may need flood insurance if you live in Idaho. Even though Idaho is a landlocked state, if your home is near a lake, river or other body of water, you could be at risk of flooding — especially when the snow melts in the spring. Your insurance agent can help you decide if flood coverage is a worthwhile expense for you. According to Risk Factor, about one in five Idaho homes are at a high risk of experiencing flood damage within the next 30 years. If you live in one of these high-risk areas, flood insurance could be worthwhile to protect the financial investment you’ve made in your home.

There is no single company that is always the cheapest for everyone. Most affordable homeowners insurance companies in Idaho offer several potential discounts that can dramatically lower your premium. Common savings opportunities include an electronic payment discount, policy bundling discount and savings for having (or installing) safety features, such as smoke detectors or alarm systems.

There is no single company that is always the cheapest for everyone. Most affordable homeowners insurance companies in Idaho offer several potential discounts that can dramatically lower your premium. Common savings opportunities include an electronic payment discount, policy bundling discount and savings for having (or installing) safety features, such as smoke detectors or alarm systems.

Methodology

Bankrate utilizes Quadrant Information Services to analyze April 2024 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on married male and female homeowners with a clean claim history, good credit and the following coverage limits:

The homeowners also have a $1,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply. 

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Bankrate Scores

Natalie Todoroff is an insurance writer for Bankrate, prior to which she wrote for a popular insurance comparison shopping app. She has a Bachelor of Arts in English and has written over 800 articles about insurance throughout her career.

Lisa McArdle is an insurance editor who joined the Bankrate team in 2023. She has more than 15 years of experience writing, editing and managing content in a variety of industries, including insurance, auto news and pop culture.

Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.

Bankrate logo Bankrate

About

Help

Legal

How we make money

Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service.

Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access

© 2024 Bankrate, LLC. A Red Ventures company. All Rights Reserved.