Top 5 Car Insurance Companies In Boise, Idaho, By Market Share
Drivers in Boise, the capital of Idaho, pay an average of $768 per year in car insurance premiums. According to the US Census Bureau, commuters in the city with a population of 228,790, spend a median travel time of 18.4 minutes behind the wheel. Most insurers offer discounts to drivers with low mileage. Apart from that, factors that could impact insurance costs include driver history, age, car model, and location. By comparing rates and reviews, drivers in the city can save $310 on annual car insurance payments. Using market share data gathered for Idaho, Zimlon rounds up five of the most popular insurance companies in Boise.
State Farm- With the largest market share of 13.7% in Idaho, State Farm is one of the most popular choices when it comes to car insurance in Boise. The company has written 81,621 direct premiums written and 81,524 direct premiums earned. Recommended for its ridesharing coverage options, State Farm also scores high on auto claims satisfaction. The company also offers various discounts and incentives for Boise drivers, including roadside assistance and rental reimbursement. They have an A.M. Best financial strength rating of A++.
GEICO- The Berkshire Hathaway subsidiary currently holds 11.5% of the Idaho market share when it comes to car insurance. The company has written 68,493 direct premiums and 67,116 direct premiums earned. GEICO offers a long list of discounts and services such as emergency roadside assistance and breakdown coverage. Noted for its high claims rating amongst customers, GEICO has an A++ A.M. Best rating for financial strength.
Progressive- Registering a market share of 11.1%, Progressive is a solid choice for drivers in Boise, Idaho. Customers are offered an array of choices, including multi-car and multi-policy options, to get the most competitive quote available in the market. The company has recorded 66,395 direct premiums written, and 63,688 direct premiums earned. Progressive's Snapshot device makes it easy for Boise drivers to get a quote based on their real-time driving record. With an A.M Best rating of A+, the company has a strong financial strength rating in the market.
Liberty Mutual- Impressing Boise customers with a discount for every demographic (retired, married or graduated), Liberty Mutual has a market share of 10.1% in Idaho. The company has 60,018 in direct premiums written, and 57,580 direct premiums earned. In addition to the discounts mentioned above, Liberty Mutual offers Boise drivers with features such as better car replacement and lifetime repair guarantee. A.M. Best has given them a financial strength rating of A.
Farmers Bureau- Farm Bureau Mutual of Idaho rounds up the list with a market share of 9.9%. The local insurer has written 59,268 direct premiums and 56,637 direct premiums earned. The company only offers car insurance to its members, including discounts on a wide range of services and products. Boise drivers looking for basic coverages like comprehensive coverage will be pleased with the company's A.M. Best financial strength rating of A.