Idaho Auto Insurance, Idaho Insurance Quotes
The basic Car Insurance Requirements in Idaho are as follows:
Liability Insurance is a minimum requirement and a low cost car insurance option as long as the vehicle is not financed.
The liability Minimums are 25/50/15 (Bodily Injury and Property Damage)
The first 25 represents $20,000, the maximum coverage for one person’s injuries, $50,000 for the total coverage for all injuries sustained in one incident and last but not least $15,000 for the property damage maximum coverage amount.
Idaho Car Insurance Laws:
Insurance proof is a requirement at registration and of course after an accident. The First Offense penalty is a $75 fine. Not too bad compared to Georgia
Idaho Car Insurance, Male or Female?
One of the biggest questions, sometimes complaints, Male drivers will have for their Insurer is, “Why should my Gender matter?” Insurance companies work continuously in an effort to accurately predict future loss of a certain Group. Using the Law of Large Numbers with previous loss experience, Auto Insurers are able to more accurately predict the risk of a driver(s). Gender makes up two of the biggest groups to compare from. Although it seems discriminatory to use gender as a way to determine the risk of a Driver, check out the image below.
Provided in the image above is the crash statistics for Male and Female drivers within the state of Idaho. After viewing this from an Insurer’s perspective you can see why they take gender into consideration. Insurers will also use the age of a driver to project the possibility of future loss. Insurers will also use historical claim data; The NICB found the 95’ Honda Civic to be the vehicle which was most frequently reported stolen. Boise City Car Insurance may be more expensive than Lewiston Car Insurance depending on the crash statistics in each city not to mention population difference. Although statistical data is out of your hands the best thing to do is learn more ways you, as an individual, can save more on car insurance.