Idaho law requires all drivers to carry auto insurance, but understanding the best practices for maintaining coverage is key to protecting yourself and others on the road. Following these best practices ensures you’re compliant and well-prepared in case of an accident.
- Exceed Minimum Coverage Requirements
- Idaho mandates liability insurance with minimums of $25,000 for bodily injury per person, $50,000 per accident, and $15,000 for property damage. However, we recommend much greater coverage, of at least $100,000, $3,00,000 and $100,000, respectively.
- Purchase Uninsured/Underinsured Motorist Coverage
- While not required, adding uninsured or underinsured motorist coverage to your policy is a must. This protects you if you’re hit by a driver without insurance or with insufficient coverage. In Idaho, where rural areas may have fewer insured drivers, this coverage can be crucial. We recommend at least $300,000 worth of coverage in this category.
- Bundle Policies for Savings
- Many insurance companies offer discounts if you bundle multiple policies, such as home and auto insurance. This can lower premiums while still providing comprehensive coverage at best-practice levels.
- Regularly Review Your Policy
- Life changes such as moving, buying a new car, or changes in your driving habits can affect your insurance needs. Review your policy annually to ensure it reflects your current situation and offers the best protection at a reasonable price.
- Maintain a Clean Driving Record
- Idaho insurers use your driving history to determine premiums. A clean record can help keep rates low, while accidents or traffic violations can increase costs.
- Keep it Local
- We recommend buying auto insurance through a local agent. They can help you balance budgetary constraints with appropriate levels of protection. An in the case of an accident, they can guide you through the claims process.
By following these best practices, you’ll not only meet Idaho’s legal requirements, but also safeguard your financial future. But if for any reason you believe you may need legal representation, please contact us at our offices in Idaho Falls, Twin Falls or Burley for a free consultation.