Boise, Idaho’s capital and most populous city, is America’s fourth least expensive city to buy auto insurance in. The state of Idaho itself is America’s second least expensive state to buy auto insurance, outclassed in this category only by Maine.
The reasons for Boise’s success in this regard could be traced back to better road safety, low crime rates, and enforcement of seat belt rules that recently led to a decline in the accident rate.
The average yearly auto insurance rate in Boise is as low as $812, while Idaho’s is $969. While these numbers are great when compared to the other cities, the high median prices of the best selling cars in Idaho pose a challenge to prospective buyers.
Let us consider the median price and insurance cost of the top selling used cars in Boise by looking at the table below.
|Make||Model||Insurance Average ($)||Median Price ($)||Insurance %|
While the residents of Boise clearly have an advantage when the insurance rates are concerned, the median price of the Silverado is $ 28,995, which is the sixteenth highest in the entire nation.
The Toyota Corolla has a relatively affordable median price ($16,198), though compared to the Corolla’s median price in Plano ($9,888) and Ann Arbor ($9,995) its median price in Boise seems steep. Boise is the 12th most expensive city to buy the Corolla in.
Let us consider the case of the Honda Civic, which is highly prone to theft in the state of Idaho. Its insurance average is $809, but its median price in $16,886, which is the 21st most expensive price tag carried by this car in the U.S.