Idaho Auto Insurance

Idaho Auto Insurance questions and answers

Looking for Idaho Auto Insurance? Check out the LemonFree Cars.

Q: What do I have to do to become a Auto Insurance Sales person in IDaho?
I would like to start a business selling car insurance but don't know where to begin. Do I need anything to sell car insurance? What can i do to get started? Anyone know a good website to find this information out or point me in the right direction? Thanks

A: For car insurance the easiest method to get a free quote is do a policy comparison. Be sure to choose the same coverage levels, you can get an fast quote to compare against others. Use the same zip code, auto make/model, mileage and driving history to ensure you get an apples to apples comparison. To get mulitple auto insurance quotes, go to http://www.multipleautoinsurancequotes.com/Idaho-Car-Insurance-Quotes.html and you can compare all the major auto insurance companies.

Q: What is the bare minimum for full coverage auto insurance?
I live in Idaho. I have not yet payed off the auto loan so I'm required to have full coverage insurance. According to some people I am paying too much (about 700 for 6 months), as they are paying far less. I have geico, but from time to time I look around and get quotes, and it is always slightly higher than what I have now. However, that might be because I am opting for coverage I might not need. So the question boils down to, what is the bare minimum requirements for "full coverage" auto insurance in Idaho?

A: Victor B has a great answer. All I would add is that you should ask your finance company what exactly they mean by "full coverage." As Victor alluded to, "full coverage" is not any kind of set standard for the insurance industry. It just means liability + comp/collision. But, the sticking point here is that you need to know exactly what your finance company wants to make it "full." The factors here you need to know are: A. What does my deductible on comp and collision need to be? (Deductible is how much you pay in the event of an claim before your insurance company begins to pay. Your finance company usually wants your deductible to be LOW, but that means that your premiums are more expensive -- because the lower your premium is, the more the insurance company is going to pay in the event of a claim. Usually, people who are trying to save money try and raise their deductible to something like $1000 -- which is basically a gamble. You're gambling that you won't get into an accident and won't ever have to pay it. If you have some wiggle room, go higher on collision and lower on comprehensive. i.e.- $1000 on collision, and $250 or $500 on comp. Comp covers things like window breakage, theft of vehicle, hitting a deer, etc, and as such will TEND -- not always, as in the case of theft -- to be smaller claims. Thus, you'd want your deductible to be lower so that insurance kicks in and actually pays something.) B. What do my liability limits need to be? (Liability is what the insurance company pays to someone else in the event of an accident. So if you hit someone and injure the driver and total the vehicle, your insurance company pays out of the liability coverage to the other person. You want these numbers to be HIGHER because it will cover more liability, but of course this means your premium will go up. Liability comes in three numbers -- usually, depending on your state it may only be two or one. But if there are three, then the first number represents what your insurance company will pay to EACH PERSON in an accident that you have liability towards. The second number represents the "cap" of what your insurance company would pay in total to other people you have liability towards. And the third number represents damage to property. Thus, a common liability set would be: 50/100/50, meaning your insurance company would pay up to $50k per person, but no more than $100k to any group of people, and $50k for property damage. Alternatively, it's possible you may have a simple "single liability" number like $300k, which just means that your company will pay out whatever liability is owed up to $300k. KEEP IN MIND that these numbers represent LIMITS. So, if you have an accident where you cause more damage than the liability provided, YOU will end up being sued by the other parties for the remaining amount of liability. Consider this situation: you fall asleep at the wheel and cross a median, totaling a $75k Mercedes and badly injuring its driver. Her total medical costs are $150k. If you have 50/100/50, you will end up owing her -- assuming a civil suit against you grants her just the costs and no more -- $100k in medical costs and $25k for her vehicle. This is because insurance only covered $50k in medical liability to a single person and $50k on her property.) Being that your finance company is the one who is saying you're required to have full coverage insurance, it's important you ask them what it is they want so that there's no breach of contract if your vehicle is totaled. Generally, finance/purchase contracts require lower liability limits and higher deductibles, while something like a lease is going to require high liability limits and low deductibles. If you're concerned about getting lower cost insurance, one tip I have is to consolidate all your insurance into one company and get a multi-line discount. For example: call a major insurer and offer the salesperson to get auto insurance and renters/homeowners insurance, life insurance, etc. all with them and ask what the discount will be. (You should have all these products anyway, so if you can get a better deal than you're already getting on all of these products with one company, then why not do so?) Also: remember that your credit and driving record affects your premiums. Get your credit score UP UP UP and stop speeding. Watch your premiums drop :)

Q: Where can I get the cheapest auto insurance?
I am going to school in Idaho and need to find the cheapest auto insurance. The best I could find was $65. Is there somewhere I can get cheaper?

A: Try this site that can help you finding your best choice by getting quotes from different companies in your area.

Q: where can i get auto insurance for cheap?
i have a utah license but live in idaho. i don't want to pay much more than $150 a month.

A: Try Wawanesa. They are by far the cheapest. Geico couldn't touch them. We tried to get insurance through my husband's union and it was $2200 every 6 months. Wawanesa is just under $1200 for the whole year. I've made claims with them before and they were awesome. I've been with them almost 10 years. They are A+ rated. Not sure if they insure in your state, but worth looking into for the cost.