The 3 Best Homeowners Insurance Companies in Idaho

Advertiser Disclosure

Idaho ranks 49th in the U.S. for the cost of homeowners insurance. The average annual premium in the Gem State is only $703, which is $489 lower than the national average of $1,192.

Low premiums mean Idaho homeowners have more room to purchase a level of coverage that will make them feel most comfortable in the event of a disaster.

We’ve outlined the companies we believe deliver standout service and policy options and included an online-quote tool so you can start comparing prices and feel confident that you’re getting the best Idaho homeowners insurance coverage.

Our Top Picks for Best Homeowners Insurance in Idaho

  • State Farm
  • Farmers Insurance
  • Farm Bureau Mutual Insurance Co. of Idaho

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

State Farm

State Farm is the largest provider of homeowners insurance in Idaho, writing nearly 17 percent of all policies in the state. State Farm is a popular option because the company offers customizable coverage for nearly all types of standard dwellings at an affordable price. This insurer has the highest possible financial strength rating from A.M. Best, an A++.

A standard policy from State Farm covers damage to your home caused by fire or lightning, windstorms, frozen pipes or theft. The company offers add-on coverage options such as personal injury and liability protection and flood insurance.

Should you experience a loss and need to file a claim with State Farm, you’ll be working with one of the largest and most extensive claims networks in the world. State Farm has more Idaho representatives than any other provider, extends a 24/7 claims hotline, and offers its mobile app to get a claim started and track its progress.

Customers also have access to State Farm’s tips on keeping an up-to-date wireless inventory of their possessions so they can easily track their belongings and report claims accurately and efficiently.

State Farm’s Premier Service Program is a notable feature. If your home needs flooring repair or emergency water mitigation services after a covered loss, State Farm puts you in contact with a reputable contractor in your area to carry out repairs and restore your home to safety sooner.

Farmers Insurance

Backed by an A rating from A.M. Best, Farmers delivers trustworthy service and cheap rates for Idaho homeowners. In addition to its baseline coverage, Farmers has unique add-on protections, including identity management to cover any losses and expenses incurred as a result of identity theft; Eco-Rebuild coverage to offset extra costs associated with rebuilding or repairing your home with certified green contents and materials; and contents replacement coverage to replace any damaged or destroyed items with new items.

Farmer’s claims management tools, like its mobile app, ease the claims process. You can file a claim over the phone, online, using the app, or in person with a local Farmers representative. Once your claim is received, it is promptly assigned to a specialist and can be easily tracked until its settlement, so you are never left out of the loop. Farmers also enjoys partnerships with hotels and local Idaho contractors to offer you temporary housing and help you get back on your feet faster after a covered loss. Farmers Insurance has an A+ rating with the Better Business Bureau, which shows that it has a good track record for customer satisfaction.

Farmers offers multiple opportunities for you to save on your Idaho homeowners insurance policy. The company offers standard discounts, like those for policy bundling, insuring a new or recently renovated home, and installing safety devices like fire alarms and sprinklers. Other price breaks can be applied if everyone in your home is a nonsmoker, if you’ve had a recent inspection of your home, if you’ve made any green home-efficiency renovations, or if you’ve recently replaced your roof.

Farm Bureau Mutual Insurance Co. of Idaho

The Farm Bureau is a great option for Idaho residents looking for an affordable policy and the personal attention and care that a local insurance company can provide. The Farm Bureau has been insuring Idaho homes for nearly 70 years and maintains a rock-solid reputation and A+ (superior) rating from A.M. Best.

A standard homeowners insurance policy provides protection from damage caused by windstorms or hail, frozen pipes, water damage from plumbing or air-conditioning, theft, falling objects, fire and auto collisions. You can save on your homeowners insurance policy with the Farm Bureau by taking advantage of premium deductions for things like installing deadbolt locks, smoke detectors, fire sprinklers and home security systems, and building with fire-retardant roofing materials.

Besides access to affordable insurance products, becoming a member of the Farm Bureau has numerous benefits. The Idaho Farm Bureau Federation is in partnership with hundreds of businesses and can provide discounts on certain hotels and car rentals, reduced tickets to theme parks and sporting events, savings on prescriptions and health services, scholarship opportunities, and exclusive banking services. As a mutual insurance company, Farm Bureau’s goal is to serve its policyholders; it doesn’t face competing interests from shareholders.

For more information on becoming a member and determining whether insuring your Idaho home with the Farm Bureau is the right decision for you, visit the website.

How much is homeowners insurance in Idaho?

Homeowner’s insurance in Idaho is nearly half the national average. The annual homeowners premium in Idaho is $703, which is $489 lower than the average U.S. policyholder pays. Your cost may vary from the state average based on the city where you live and other criteria that insurers use to determine your risk of filing a claim.

Idaho Rate Factors

The main natural hazards that can damage Idaho homes are floods and wildfires; homes in the state are also subject to earthquakes. All of these factors go into determining homeowners insurance rates in the state. Since most policies cover losses from things like theft and vandalism, the crime rate in your neighborhood can affect the cost of your policy. The age of your home and the materials it is made, among other factors, also influence your rate.

The 3 Best Idaho Homeowners Insurance Companies

  • State Farm
  • Farmers Insurance
  • Farm Bureau Mutual Insurance Co. of Idaho

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Visit our home insurance guide for help selecting coverage, managing your deductible, and saving money on your homeowners insurance.