Idaho Farm Bureau vs. State Farm: Which Company is the Best Fit for You?

Quick Facts

• In general, Idaho Farm Bureau offers more affordable prices than State Farm
• Idaho Farm Bureau offers less expensive average rates for drivers who have an at-fault accident on their record
• State Farm tends to be a much cheaper option for residents of rural areas

Idaho Farm Bureau vs. State Farm: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? After all, you've seen ads from all sorts of companies offering hefty discounts. But exactly how much can you save by switching?

You've maybe even narrowed your search down to Idaho Farm Bureau or State Farm as your top options, but which carrier will save you the most?

Looking at nationwide averages, Idaho Farm Bureau is about $31 per month more affordable than State Farm.

However, Idaho Farm Bureau may not be the cheapest or best option for every single driver out there. Insurance companies use all sorts of complex algorithms to calculate premiums, so depending on how old you are or how clean your driving record is (among a multitude of other factors), you could see wildly different prices from the ones above.

Luckily, we've broken down average premiums from both Idaho Farm Bureau and State Farm by a bunch of different rate factors, so read on to find out which carrier is the best for you.

Idaho Farm Bureau or State Farm: Average Car Insurance Rates by State

Idaho Farm Bureau and State Farm only compete against each other in Idaho, where State Farm offers the cheaper average prices. For Idaho residents, State Farm offers auto insurance for $122 a month on average. Idaho Farm Bureau's average rates come out to be more expensive, at $127 per month.

That being said, there's a lot more that goes into your car insurance cost than just where you call home. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance premiums of any other group of drivers. That's typically because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

Even so, that doesn't mean teen drivers can't still save money on their car insurance. For example, 18-year-old drivers pay an average of $100 less a month by choosing Idaho Farm Bureau over State Farm.

But both carriers will offer you dramatically lower rates once you turn 25. For example, average prices for Idaho Farm Bureau policyholders drop more than 50% and State Farm's premiums decrease nearly 60% over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the lowest rates you can find.

When looking at Idaho Farm Bureau and State Farm specifically, which company is best for retired drivers? Idaho Farm Bureau gets the edge here, with average prices coming in at around $94 monthly compared to State Farm's $111.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance rates tend to be cheaper for married policyholders than they are for single drivers. That's because policies for married drivers normally cover more than one car, which lots of companies will offer you a discount for.

When it comes to relationship status, Idaho Farm Bureau is the clear winner for single policyholders, with prices about $38 per month less expensive than State Farm, on average. The advantage for married couples with Idaho Farm Bureau is also obvious, where drivers save over $20 a month.

Idaho Farm Bureau vs. State Farm: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident, which means they'll generally end up paying more for car insurance than women.

Women usually pay almost $10 per month less than men with Idaho Farm Bureau, while with State Farm, the difference is closer to $12 a month.

Looking at the data for each carrier specifically, Idaho Farm Bureau comes out as the most affordable option for both genders, with average premiums $32 less for men and $29 cheaper for women.

Idaho Farm Bureau or State Farm: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

Insurance can be a complicated subject for most people. There are so many different limits and coverages that it can make it pretty confusing to find the right policy.

That being said, most policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability coverage).

If you're looking for state minimum liability insurance, Idaho Farm Bureau typically offers significantly more affordable rates of $66 compared to State Farm's $99. When it comes to full coverage policies with similar limits, Idaho Farm Bureau again has the edge, with policies around $30 per month cheaper than State Farm, on average.

Is Idaho Farm Bureau or State Farm Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

You'll probably end up paying more with at-fault accidents and tickets on your record, but which of these two carriers offers the lowest prices to drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Idaho Farm Bureau insurance policies don't report seeing their premiums increase after getting a ticket, but State Farm policyholders can expect to see their monthly bill increase by about 15%.

Even so, Idaho Farm Bureau has less expensive prices for drivers in both categories -- their rates are around 32% cheaper for drivers with clean records and 41% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both companies will increase rates pretty significantly if you get into an at-fault collision with State Farm increasing by just under $30. Idaho Farm Bureau has a less extreme rise, but you can still expect to pay nearly $30 more than you were prior to your first accident.

Overall, drivers who use Idaho Farm Bureau end up with the cheaper prices after an accident, with monthly premiums averaging $120 compared to State Farm's $163.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- normally a lot more than an accident or ticket. Idaho Farm Bureau drivers usually see a 56% raise in their auto insurance prices after a DUI charge, while State Farm will usually increase rates by around 25%.

How does Credit Score Impact Idaho Farm Bureau and State Farm Rates?

Did you know that many insurance carriers take your credit score into account when calculating premiums? This isn't always the case (for example, Michigan and Hawaii are two states that ban the practice entirely), but it does affect many policyholders out there.

Car insurance companies argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, drivers with bad credit will often be forced to pay more.

So, which company offers the most affordable prices for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Idaho Farm Bureau or State Farm Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a big impact on your monthly premiums? Generally, those who drive fewer miles will end up with more affordable rates since there's less of a chance of getting into a collision and causing an insurance claim.

For both drivers who put 6,000 miles on their vehicles each year, as well as those who average twice that figure, Idaho Farm Bureau tends to be the cheaper option. State Farm's average prices for drivers with 6,000 annual miles come in about 21% more expensive than Idaho Farm Bureau. Those who drive 12,000 miles annually can expect to pay around 18% more with State Farm over Idaho Farm Bureau.

Idaho Farm Bureau vs. State Farm: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for auto insurance, but the type of area you live in can have a sizable impact as well. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for insurance, while the opposite is true for people in rural areas.

When comparing these two carriers side-by-side, Idaho Farm Bureau boasts the lowest average premiums in urban and suburban areas, while State Farm wins in rural areas.

If you live in a rural area, you can expect to save about $12 with State Farm compared to Idaho Farm Bureau. Drivers in suburban ZIP codes pay around $36 less with Idaho Farm Bureau compared to State Farm. In urban areas, Idaho Farm Bureau Insurance's average rates are about $67 less than State Farm.

Idaho Farm Bureau vs. State Farm Discounts

You want to save as much money as possible, right? The best way to do that is by taking advantage of as many auto insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be difficult to find all the ones you're eligible for.

In the section below, we've taken a look at all of the different discounts Idaho Farm Bureau and State Farm offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

State Farm knocks Idaho Farm Bureau out of the park when it comes to the sheer number of discounts available, offering 21 more discounts than Idaho Farm Bureau.

Both companies offer lots of the same discounts -- like discounts for being a defensive driver and discounts for being a good student -- but State Farm also offers ABS discounts, annual mileage discounts, anti-theft discounts, and more that Idaho Farm Bureau does not.

Idaho Farm Bureau's discounts come through just two categories -- Defensive Driver and Good Student.

Final Thoughts: Is Idaho Farm Bureau or State Farm Best for You?

You've seen the effect certain factors have on your car insurance and the different discounts carriers offer. But, at the end of the day, which insurance company is the right company for you and your specific profile and needs?

Idaho Farm Bureau might be best for you if....

• You haven't received any speeding tickets or been in an accident in the last few years.
• You're looking for more protection with "full coverage" insurance.
• You have a short commute.

State Farm might be best for you if...

• You already have plans to move to another state -- undefined is only available in.
• You have above-average credit.
• Your neighborhood is in a rural area.

We hope this guide has ben a valuable resource as you compare Idaho Farm Bureau and State Farm. We also hope we've given you the information you need to make the best decision when it comes to your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from a handful of companies, not just Idaho Farm Bureau and State Farm. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best auto insurance carriers in your area, all for free.

Idaho Farm Bureau vs. State Farm FAQs

Is Idaho Farm Bureau or State Farm cheaper?

Looking just at the national average prices, Idaho Farm Bureau is the less expensive of the two companies, offering average rates of $127 a month compared to $158 for State Farm. But Idaho Farm Bureau won't necessarily be the cheapest carrier for every driver, since there are several different variables that are considered when it comes to your car insurance payment.

Who is better, Idaho Farm Bureau or State Farm?

Unfortunately, the only answer we can give you is "it depends.". Neither company is necessarily "better" for each driver -- it all depends on what your unique insurance profile looks like.

Why do Idaho Farm Bureau and State Farm offer me different rates?

Car insurance carriers take a look at a lot of different factors when determining the rates they charge drivers. Variables like age, gender, your driving record, where you live, and sometimes even things like your credit score can all be used. Both Idaho Farm Bureau and State Farm calculate premiums using different factors, so each one will most likely offer different prices. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from many different companies.

How do I know if Idaho Farm Bureau or State Farm is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the best premium. And who knows, the best carrier for you might not be Idaho Farm Bureau or State Farm at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.