Average homeowners insurance cost in Idaho Falls, Idaho

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

The average cost of homeowners insurance in Idaho Falls is $1,936 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), based on Insure.com’s rate data analysis. It’s $646 less than the national average of $2,582 .

However, homeowners insurance rates can vary drastically from one home to another. Home insurance rates in Idaho Falls depend on a number of factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide for more info on how much homeowners insurance costs per month in Idaho Falls, home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in Idaho Falls.

Key Takeaways

The average cost of homeowners insurance in Idaho Falls is $1,936 per year.
Nationwide is the cheapest homeowners insurance company in Idaho Falls with an average annual premium of $1,289 .
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $476 more a year for home insurance.

Average homeowners insurance cost in Idaho Falls per month

Residents of Idaho Falls pay an average of $161 a month for homeowners insurance. It’s $2 less than the state average of $163 and $54 less than the national average for home insurance across the nation.

The cost of your homeowners insurance policy in Idaho Falls may change based on location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house

In Idaho Falls, homeowners pay an average of $1,460 annually for a $200,000 home. The annual cost of home insurance is influenced by factors such as the risk of natural disasters in your area.

Regions more susceptible to natural disasters, such as floods, hurricanes, or tornadoes, typically face higher rebuilding costs, leading to increased insurance premiums. Keep in mind that standard insurance policies might not cover damages caused by floods or hurricanes. If you live in a flood-prone area, you should purchase flood insurance.

Average homeowners insurance cost for a $300,000 house

As per rate analysis by Insure.com, homeowners residing in Idaho Falls typically pay an average of $1,936 annually to insure a home for coverage limits of $300,000 dwelling, $100,000 liability protection with a $1,000 deductible.

Your home insurance rates will be increased by $476 if you increase your dwelling coverage from $200,000 to $300,000. It is advisable to buy enough insurance to cover the entire cost of rebuilding your home. However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in Idaho Falls by company

After comparing several homeowners insurance companies, Nationwide offers the lowest rates in Idaho Falls. Its average annual rate for homeowners in Idaho Falls is $1,289 , while American Family is the second-cheapest.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in Idaho Falls and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in Idaho Falls and their average annual premiums.

Home Insurance Company	Annual rate
Nationwide	$1,289
American Family	$1,310
Farmers	$1,721
Allstate	$1,845
State Farm	$2,146
Farm Bureau	$3,019
USAA*	$2,115

*USAA is only available to military community members and their families.

Bundling your home insurance with other policies, like auto insurance, can lead to significant savings. Insurance companies often offer discounts for customers who combine multiple policies. By bundling, you can reduce your premiums and manage your insurance needs with one company.

Natural disasters in Idaho that can impact your home insurance

Living in Idaho comes with the possibility of natural disasters that can cause serious damage to your home and belongings. From costly repairs to large insurance claims, the financial impact can be significant. That’s why it’s important to know which types of disasters are most common in your area before selecting a home insurance policy.

Understanding your local risks allows you to customize your coverage – whether that means adjusting your policy limits, choosing a higher deductible, or adding protection for hazards like floods or earthquakes. Planning ahead helps ensure you’re fully covered when it matters most.

Idaho is commonly affected by Cold wave and Landslide.

How home insurance protects you against natural disasters

Home insurance can provide valuable protection against the financial impact of natural disasters. Standard home insurance policies typically cover damages from fire, windstorms, hail and lightning. However, events such as floods, earthquakes or landslides are excluded and require purchasing additional policies or endorsements. For example, flood insurance must be purchased separately, as it is not typically covered by a standard home insurance policy.

Home insurance pays for home repairs, replacement belongings and temporary living expenses if your dwelling becomes uninhabitable due to damage. The protection offered by home insurance can significantly reduce the financial impact of natural disasters.

Make sure your coverage is disaster-ready

The best time to review your homeowners insurance is before a storm hits. If you’ve made upgrades to your home or live in a disaster-prone area, you may need more coverage than you think. A quick policy check now can prevent big financial losses later.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Idaho Falls for $300,000 dwelling coverage and $100,000 liability coverage with a $1000 deductible. The data presented are those with a good credit tier alignment.

How much is home insurance in other cities?

See rates in your city

Caldwell

Meridian

Nampa

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.