Boise Homeowners Insurance

The Zebra
Aug. 26, 2019

How to find affordable homeowners insurance in Boise


Home insurance is a hugely important part of owning a home. It covers your dwelling — and the personal property within it — against a variety of perils, including fire, theft, vandalism, or wind damage. With the relative frequency of such events -- along with the high cost of rebuilding or repairing damages to a home -- purchasing home insurance is a smart investment.

The cost of home insurance coverage depends on many factors. This can include the overall value of your house, the value of your personal belongings, and the materials that were used when building your home. Your home's location can also impact how much you pay, as some locations are more prone to destructive hazards. If your area is at risk of being affected by hail, strong winds, fire, frozen pipes, or volcanic activity, then your premiums could be substantially higher than average. Find out more about what is covered by a homeowners insurance policy.

If you want to find cheap homeowners insurance in Boise, start with looking around and comparing different policies. Check out the below summary of average Boise homeowners insurance premiums to ensure you start your search with as much background info as possible. It's important to remember that the cost of your homeowners insurance is often based on the coverage limits you choose as well as a variety of other factors.


Boise, Idaho, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Home insurance in Boise by insurance company

Homeowners insurance rates in Boise vary from one insurance company to another. Liberty offers the most affordable home insurance in Boise, at just $422 per year. This compares favorably to the city’s average homeowners premium of $857.

Have a look at the cheapest insurance companies in Boise, Idaho to find the right homeowners policy for you.


AFFORDABLE HOME INSURANCE COMPANIES IN BOISE
CompanyAverage Annual Rate
Liberty$422
Farm Bureau$465
American Family$781
Allstate$786
Farmers$857

Average home insurance costs in Boise by coverage level

Your chosen level of homeowners coverage impacts the insurance premiums you pay . Homeowners in Boise who carry $200K in dwelling coverage pay an average of $648 per year, while those with coverage up to $400K pay around $1,090 per year.


HOMEOWNERS INSURANCE RATES IN BOISE — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$648
$400K Dwelling$1,090

Speak with a homeowners insurance expert

Boise home insurance prices by ZIP code

Depending on which part of Boise you live in, you may see a big difference in your home insurance costs. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, your home's location could have a huge impact in what you pay for home insurance.

The cheapest home insurance rates in Boise are available in 83704. In 83704, the typical home insurance policy costs $818 per year — $39 less than the citywide average in Boise. Find the best places to live in Boise for cheap home insurance by looking at the following table.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN BOISE
ZIP CodeAverage Annual Home Insurance Rate
83704$818
83705$822
83706$826

Other areas of Boise, however, face homeowners rates that are higher than the city average . Crime rates, fire risk, and even your how close you are to emergency services could lead insurance companies to see certain neighborhoods as higher risk, which could drive up area rates. The most expensive ZIP code for homeowners insurance in Boise is 83725, where the average annual rate is $948.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN BOISE
ZIP CodeAverage Annual Home Insurance Rate
83725$948
83716$879
83708$873

Money-saving tip: bundle home and auto insurance in Boise

If you’re looking for ways to save on your overall insurance costs, consider purchasing your home and auto policies from the same insurance company. Bundling homeowners and auto insurance can be a good money-saving option. By bundling your policies, Boise homeowners could see annual savings of 11% on average.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN BOISE
CompanyAvg. Annual Auto Insurance Rate (Bundle)
State Farm$600
GEICO$641
Liberty$666
Farmers$772
Farm Bureau$863

Bundling your homeowners and auto policies can be a great way to save some money on insurance. Call 855-493-9728 to speak with an insurance expert today.


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