How Much Does Car Insurance Cost for Real Estate Agents in Idaho?

The words “bargain” and “insurance” probably shouldn’t be used together, specifically when shopping around for the lowest insurance rates for real estate agents. In an attempt to save some money, let’s start the ball rolling by going over some of the things that have an impact on car insurance prices, and figure out some ways to shave a little off your next policy.

When shopping for the cheapest auto insurance for realtors, one of the many factors that affect car insurance rates is the neighborhood you call home in Idaho. More densely populated places like Moscow, Lewiston, and Chubbuck are more likely to have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims enjoy lower auto insurance rates.

The next table sorts the higher priced cities in Idaho for real estate agents in which to purchase auto insurance.

Annual rates are estimated as zip code location can increase or decrease auto insurance rates considerably.

Finding reliable, affordable auto insurance is hard enough, and figuring out which companies quote the lowest-priced insurance rates for real estate agents will involve even more work.

Every insurance provider has a unique approach to establish rates, so we need to take a look at the most competitive insurance companies in Idaho. It’s important to understand that Idaho insurance rates are determined by lots of factors which can substantially change the policy price. That is why it is so important to compare rates when trying to find the most budget-friendly auto insurance quotes for real estate agents. Auto insurance prices are influenced by many different factors and can change without notice, so the best option when you bought your policy may now be one of the higher cost companies.

Best Car Insurance Prices for Realtors

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American National offers some of the most affordable car insurance rates in Idaho at around $237 annually. USAA, Farm Bureau of ID Group, Oregon Mutual, and Travelers also make the cut as some of the cheapest Idaho auto insurance companies.

As the example above demonstrates, if you are a policyholder with Oregon Mutual and switched to American National, you might see annual savings of around $441. Customers with Travelers might save as much as $463 a year, and Auto-Owners policyholders might cut rates by $483 a year.

Be aware that those rates are averaged across all drivers and vehicles and do not factor in a rate decrease for real estate agents. So the car insurance company that fits your situation best may not even be shown in the list of companies shown earlier. That illustrates why you need to quote rates from as many companies as possible using your own personal information and vehicle type.

Performance level and cost of the vehicle needing coverage is a large factor that determines whether or not you find cheap insurance for real estate agents in Idaho. Vehicles with high performance engines, a lack of safety features, or a history of substantial liability claims will cost more to insure than more economical and safe models. The tables below showcases car insurance costs for some of the cheaper vehicles to insure in Idaho.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Idaho minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Price information does not factor in Idaho location which can increase or decrease price quotes considerably.

Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Idaho minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Price information does not factor in vehicle garaging location which can raise or lower insurance rates substantially.

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Idaho minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can increase or decrease insurance rates noticeably.

The illustration below shows how different deductible levels can increase or decrease insurance premiums when searching for cheap insurance for real estate agents. The price estimates are based on a married male driver, full physical damage coverage, and no other discounts are factored in.

A 50-year-old driver could lower their policy premium by $222 a year by changing from a $100 deductible to a $500 deductible, or save $334 by switching to a $1,000 deductible. Even younger drivers, such as the 20-year-old chart data, can save $744 or more just by choosing higher deductibles. When increasing deductibles, it will be necessary to have enough funds in savings to satisfy the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

Insurance rate increases from tickets or accidents

The easiest way to snag low insurance premiums for realtors is to drive attentively and not get tickets or have accidents. The information below demonstrates how speeding tickets and fender-benders can increase auto insurance rates for different categories of driver ages. The costs are based on a single female driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.

The chart shows that the average cost of a car insurance policy in Idaho per year with no violations or accidents is $1,723. Get two speeding tickets and the average cost swells to $2,318, an increase of $595 each year. Then add two accidents along with the two speeding tickets and the annual cost of insurance for real estate agents goes up to an average of $4,448. That’s an increase of $2,725, or $227 per month, just for not being more responsible behind the wheel!

How to find cheap insurance for real estate agents in Idaho

Below you’ll find some of the better penny-pinching solutions that can help you locate low-cost coverage.

• Insure your home and auto with the same company
• Serious violations like DUI or careless driving can make car insurance unaffordable
• Avoid accidents
• Save money by only buying liability coverage for older vehicles
• Vehicles with good safety ratings have lower liability rates
• Try paying for small claims out-of-pocket
• Shop around for lower rates once a year

That final tip is certainly vital, as was pointed out in the prior information. Coverage prices vary considerably, so drivers shouldn’t be reluctant to change insurance companies if a cheaper price is available. Many drivers prefer to stick with one company, but it’s not recommended if that faithfulness ends up costing you several hundred dollars every year. Take a few minutes and shop around to find cheaper auto insurance for real estate agents.