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In the market for cheap auto insurance in Meridian, ID? At AutoInsuranceEZ.com, you can easily find the cheapest insurance rates in your town. To find free car insurance quotes from the best providers today, type your zip code into the quote box on this page.

Meridian has been experiencing an explosive amount of growth over the past decade and a half. Starting around the late 1990’s/early 2000’s, the amount of people living in Meridian has nearly doubled. It is bordered on the north and south by the Boise and Snake Rivers, respectively, and the city is the operating location for the state’s Blue Cross office.

  • Fun fact: Did you know that Meridian is #2 on the list of “Top 101 cities with largest percentage of males working in industry: Farm supplies merchant wholesalers (population 50,000+)”? Learn more about Meridian, Idaho.

Auto Insurance Coverage Requirements in Idaho

All Idaho drivers must carry the following minimum forms of insurance:

Coverage Requirements Most Common
Bodily Injury Liability 25,000/50,000 100,000/300,000
Property Damage Liability 15,000 50,000
Uninsured Motorist Bodily Injury Not required 25,000/50,000
Medical Payments Not required 5,000
Collision Not required 500 deductible
Comprehensive Not required 100 deductible

Certain vehicles require more coverage than others. If you’re driving around in a used Ford Tempo, for example, it’s probably a waste of money to add anything other than the legal state minimum to your policy. But if you’re driving around in a brand new vehicle, consider adding things like comprehensive or collision.

Idaho drivers, on average, are paying about $88 per month to stay insured. This is already below the national average, but Meridian drivers can actually beat this price even further. Right now, you can get your monthly premium down to approximately $25/mo*. Keep reading, and we’ll show you how.

Average Monthly Auto Insurance Premiums Legend: Meridian State Farm Allstate Allied Nationwide Liberty Mutual 5 10 15 20 25 30 35 $20 $37 $27 $26 $18

 

If you want a competitively priced rate, look no further than Liberty Mutual, State Farm, or Oregon Mutual. Also keep in mind that, while low rates are great, it might be worth a few extra dollars a month to find a company with stellar customer service and an easy to navigate claims filing process.

Auto insurance carriers contemplate many factors when establishing insurance quotes, including driving violations, accident claims, Type of vehicle owned, education, and multiple cars and drivers. Additionally, premiums differ from provider to provider. To verify you’re still paying the most affordable rate, learn more about Idaho car insurance requirements here.

Major Car Insurance Factors in Meridian

Insurance companies take several elements into account when creating an auto insurance policy. Unfortunately, many of these factors are difficult or impossible to change, such as your credit score or the make/model of your car. Other factors your car insurance company may consider include:

  • Your Zip Code

Where you park your car each night will have a major impact on your auto insurance rate. Generally, car insurance is cheaper in rural areas because fewer cars means a smaller chance that you will get into a collision with another vehicle. The population of Meridian is 83,596 and the median household income is $63,305.

Auto Insurance by Zip Code Legend: Boise Idaho Falls Meridian Nampa Pocatello State Farm Allstate Allied Nationwide Liberty Mutual 5 10 15 20 25 30 35 $20 $21 $20 $21 $21 $36 $36 $37 $38 $34 $27 $27 $27 $30 $27 $26 $25 $26 $26 $25 $21 $21 $18 $22 $21

 

  • Automotive Accidents

The fewer accidents which occur regularly in your zip code, the lower your car insurance rates will be. In Meridian, there were only 3 fatal accidents in 2013, and considering the sizeable population, this makes fatal accidents in your area very rare. This should also help you find a lower rate.

Fatal Accidents in Meridian, ID Legend: Meridian Fatal accident count Vehicles involved in fatal crashes Fatal crashes involving drunk persons Fatalities Persons involved in fatal crashes Pedestrians involved in fatal accidents 1 2 3 4 5 3 5 1 3 5

 

  • Auto Thefts in Meridian

Even in small cities or rural towns, auto theft can still be a problem. In order to make it less of a problem for you, think about installing a passive anti-theft system on your car. Your auto insurance company may reward you with lower rates! 2005 statistics for Meridian only reported 68 auto thefts, but that doesn’t mean you shouldn’t do everything you can to protect yourself from potential theft. If you can afford it, Comprehensive coverage will protect you if you ever have to report your car stolen to your insurance company.

Basic vs. Comprehensive Auto Policy Legend: Basic Coverage Comprehensive Coverage State Farm Allstate Allied Nationwide Liberty Mutual 10 20 30 40 50 60 70 80 90 100 110 120 130 140 $20 $60 $37 $117 $27 $74 $26 $68 $18 $146

 

  • Your Credit Score

Did you know that your credit score is very closely linked to your automotive insurance rate? It’s so intrinsic, in fact, that having a poor credit score can more than double your monthly premium. So by raising your credit score, you can lower your rates.

Auto Insurance by Credit Score Legend: Excellent Credit Poor Credit State Farm Allstate Allied Nationwide Liberty Mutual 5 10 15 20 25 30 35 40 45 $17 $33 $35 $48 $25 $36 $24 $36 $13 $34

 

  • Your Age

Older drivers, because they have more experience behind the wheel, are charged much lower rates than drivers under the age of 25. However, if you are a young driver, you can try to lower your rates with Drivers Ed or Good Student discounts.

Auto Policy Age Comparison Legend: 34 Year Old 17 Year Old State Farm Allstate Allied Nationwide Liberty Mutual 10 20 30 40 50 60 70 80 90 100 $20 $89 $37 $96 $27 $89 $26 $109 $18 $82

 

  • Your Driving Record

Accident Forgiveness is a new type of discount which insurance companies have started offering in order to drum up business. For safe drivers with a less than perfect driving record, your Accident Forgiveness discount will ignore at least one minor citation, thereby lowering your rates.

Driving Violations Legend: Perfect Record Minor Speeding Ticket DUI/Reckless Driving Major At-Fault Accident State Farm Allstate Allied Nationwide Liberty Mutual 5 10 15 20 25 30 35 40 45 50 55 $20 $22 $22 $24 $37 $41 $45 $50 $27 $41 $53 $39 $26 $30 $55 $42 $18 $25 Do Not Sell $25

 

  • Your Vehicle

Luxury vehicles cost more to insure not just because they’re more expensive, but because of all the coverage they require in order to be fully protected. After all, it would be a silly and expensive risk to insure a Porsche or a Ferrari with Liability coverage alone.

Car Insurance by MAke/Model Legend: 2015 Honda Accord 2012 Porsche Boxster Spyder State Farm Allstate Allied Nationwide Liberty Mutual 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 $20 $72 $37 $135 $27 $84 $26 $70 $18 $162

 

Minor Car Insurance Factors in Meridian

These factors below may also alter your monthly rate, but usually not as strongly:

  • Your Marital Status

Are you currently taking advantage of bundling discounts with your spouse? If you’re not, well, you should be. Bundling your auto policies together under the same company can yield some serious savings each month.

  • Your Gender

More and more providers these days are charging women and men the same monthly rate, as long as all other factors are pretty much equal. There are still a handful of companies which do charge men and women differently, but which gender it favors varies across providers.

  • Your Driving Distance to Work

The average work commute could last anywhere from 18-23 minutes on a daily basis. Additionally, nearly 80% of workers drive to their place of employment in their own car each day. Anywhere from 4-15% or so carpool.

Did you know that business vehicles cost 10-12% more to insure than vehicles for personal use? It’s unfortunate, but true. Another fact most people don’t know concerns yearly miles driven. Whether you drive a little or a lot, it really only changes your monthly premium by 1-2%.

  • Your Coverage and Deductibles

How high is your deductible right now? If it’s not high at all, you might want to re-think your deductible situation. Raising your deductible could substantially lower your monthly premiums and save you hundreds of dollars each year.

  • Education in Meridian, ID

Many residents in Meridian have obtained at least a high school diploma or some other equivalent. Almost as large is the number of drivers who are either working on or have completed a bachelor’s degree. Eventually, their educational efforts will pay off – in the form of lower car insurance rates. Regardless of income or profession, it’s one of the most notable determining factors.

Meridian is an up-and-coming town, but as yet doesn’t have many choices as far as higher education is concerned. But don’t fret; the nearby cities of Nampa (to the southwest) and Boise (to the east) are home to some of the largest universities in the state. There are also dozens of technical and community colleges within a comfortable driving distance.

Unfortunately for most insurance companies, a simple internet search can reveal many of their trade secrets. But even with the proper information, it can still be difficult for you as an individual to figure out your risk profile and find low-cost insurance. Make sure you do your due diligence before you commit to your next car insurance policy.

How We Conducted the Analysis

*We calculated our average rate based on the following metrics: a married, 34 year old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home. Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.

Sources:

Idaho Department of Insurance

Idaho Department of Finance

Department of Highway Safety and Motor Vehicles

City-Data.com

Census.gov

All you need is your zip code to comare rates in your area!

FIND THE CHEAPEST INSURANCE QUOTES IN YOUR AREA
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