Idaho may be known for its peaceful small towns and open highways, but drivers across the Gem State could be in for a budget shake-up this spring. If you’re insured with USAA Insurance, there’s a rate change on the horizon you’ll want to know about.
What’s Happening?
Starting June 29, USAA is set to raise its auto insurance premiums in Idaho by 6.7%. The increase will apply to renewal policies, meaning customers who continue their coverage after this date could see higher bills.
As the 7th largest auto insurance carrier in the state, USAA covers nearly 20,000 Idahoans. And for impacted drivers, the rise is significant– the average policyholder will see their costs go up by $109.
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Why Are Insurance Rates Increasing?
You’re not imagining it—car insurance in Idaho has been getting more expensive, and not just with USAA. Across the industry, insurers are adjusting premiums to account for a mix of economic and behavioral trends:
- Increased accident claims: More accidents lead to higher payouts for insurance companies.
- Rising medical costs: The cost of treating injuries sustained in accidents has been increasing.
- Inflation: The rising cost of goods and services, including labor and materials, affects insurance companies’ expenses.
- Technology advancements: Newer cars with advanced safety features and technology can be more expensive to repair.
How to Save On Your Insurance
Undergoing a rise in insurance rates can be frustrating. But before you resign yourself to higher premiums, recognize that you have more control over your insurance costs than you might think! There are several ways to save on your car insurance:
- Compare quotes from other insurers: Even if you’ve been with USAA for years, it’s worth seeing what else is out there. Insurance premiums can vary widely between companies, even for the same driver.
- Review and adjust your coverage: Now is a great time to review your policy and ask yourself what coverage you really need. Some quick ways to reduce your premium include raising your deductible or cutting coverage types you don’t need.
- Ask about available discounts: Many drivers miss out on savings simply because they don’t ask. Be sure to check for safe driver rates, bundling offers, or good student discounts.
- Don’t forget to shop at renewal time: Car insurance should never be “set it and forget it.” Reviewing your policy annually is a great habit, and rates can change from year to year.
Stay Ahead of the Curve on Car Insurance
While no one likes to hear that their bills are going up, the reality is that insurance is a moving target, influenced by everything from national economic trends to local traffic patterns. The key is staying informed and proactive.
Start tracking your policy for free with Auto Quote Tracker, and we’ll send rate change alerts directly to your inbox.