Cheapest Car Insurance In Iowa For 2024
State Farm is well-known for providing the most economical car insurance choice for people living in Iowa.
Securing affordable car insurance in Iowa can feel daunting, but it doesn’t have to be. State Farm stands out for its competitive rates and dependable service, presenting a range of coverage options from basic to comprehensive.
In today’s economy, where expenses are rising and options abound, it’s vital to pinpoint car insurance that suits your budget while meeting your requirements. Whether you’re a novice driver, a daily commuter, or a family aiming to cut down on insurance costs, comprehending the factors impacting insurance premiums and identifying where to find the best deals holds significant importance.
Drawing from extensive research conducted on car insurance policies throughout the past decade, I’ve condensed our insights to aid you in navigating this intricate market.
This guide will delve into the specifics of car insurance in Iowa, elucidate the factors influencing insurance rates, and provide practical advice for securing affordable coverage without sacrificing protection.
Cheapest Car Insurance Companies In Iowa
Our Methodology
During our study, I adopted a structured method to gather and assess data regarding different car insurance companies and their policies. Initially, I pinpointed essential factors for evaluation, including coverage choices, pricing, customer feedback, and the financial stability of insurers. Subsequently, I sourced information from credible outlets like insurance company websites, consumer review platforms, and industry assessments.
Once the data was compiled, I categorized it and analyzed each insurer according to predetermined standards. This process entailed juxtaposing coverage alternatives, premium rates, discount offerings, and client testimonials to discern the advantages and drawbacks of each provider.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Car Insurance In Iowa For Drivers With Prior Incidents
Iowa residents who have a record of incidents like accidents, speeding tickets, or DUIs often encounter difficulties when trying to find inexpensive car insurance. These incidents label them as high-risk drivers to insurance companies, which raises the chances of future claims.
As a result, insurance companies frequently hike up premiums to compensate for the heightened risk of payouts. This pattern is especially noticeable in Iowa because of its higher frequency of traffic incidents. Insurers decide on this pricing strategy using statistical analyses, which show a connection between past driving incidents and a greater likelihood of future claims.
Cheapest Car Insurance In Iowa For Drivers With A Speeding Ticket
State Farm offers the most economical choice for drivers who have received a speeding ticket, with typical premiums averaging around $90.
| Provider | Average Monthly Cost | Average Annual Cost |
| GEICO | $190 | $2,278 |
| Grinnell Mutual | $175 | $2,099 |
| State Farm | $90 | $1,078 |
| Nationwide | $200 | $2,398 |
| Allstate | $190 | $2,278 |
Cheapest Car Insurance In Iowa For Drivers With An At-Fault Accident
At an average cost of $92 for premiums, State Farm emerges as the most affordable option for drivers who have been in an at-fault accident.
| Provider | Average Monthly Cost | Average Annual Cost |
| GEICO | $259 | $3,106 |
| Grinnell Mutual | $162 | $1,942 |
| Farm Bureau | $188 | $2,254 |
| State Farm | $92 | $1,102 |
| Allstate | $264 | $3,166 |
Cheapest Car Insurance In Iowa For Drivers After A DUI
Progressive provides the most affordable choice for drivers who have a DUI on their driving record, with typical premiums averaging around $190.
| Provider | Average Monthly Cost | Average Annual Cost |
| GEICO | $266 | $3,190 |
| Auto-Owners | $264 | $3,166 |
| Allstate | $228 | $2,734 |
| Progressive | $190 | $2,278 |
| State Farm | $280 | $3,358 |
Cheapest Car Insurance In Iowa For Young Drivers
In Iowa, young adult drivers generally experience lower car insurance rates compared to teenagers. This is because as drivers grow older, they tend to adopt safer driving practices, leading to fewer accidents and insurance claims. Insurance providers take these factors into account and adjust premiums for young adults based on their improved safety track records.
Cheapest Iowa Car Insurance For 16-Year-Olds
Pekin offers the most affordable rates for 16-year-old drivers, with an average monthly premium of $153.
| Provider | Average Monthly Cost | Average Annual Cost |
| IMT | $259 | $3,106 |
| Auto-Owners | $340 | $4,078 |
| Pekin | $153 | $1,834 |
| West Bend | $354 | $4,246 |
| State Farm | $250 | $2,998 |
Cheapest Iowa Car Insurance For 17-Year-Olds
State Farm provides the most affordable rates for 17-year-old drivers, with an average premium of $190.
| Provider | Average Monthly Cost | Average Annual Cost |
| West Bend | $210 | $2,518 |
| Iowa Farm Bureau | $245 | $2,938 |
| Auto-Owners | $259 | $3,106 |
| State Farm | $190 | $2,278 |
| IMT Insurance | $196 | $2,350 |
Cheapest Iowa Car Insurance For 18-Year-Olds
State Farm offers the most affordable rates for 18-year-old drivers, with an average monthly premium of $162.
| Provider | Average Monthly Cost | Average Annual Cost |
| West Bend | $200 | $2,398 |
| Geico | $224 | $2,686 |
| Iowa Farm Bureau | $227 | $2,722 |
| State Farm | $162 | $1,942 |
| IMT | $185 | $2,218 |
Cheapest Iowa Car Insurance For 21-Year-Olds
State Farm provides the most affordable rates for 21-year-old drivers, with an average monthly premium of $108.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $148 | $1,774 |
| Geico | $148 | $1,774 |
| IMT | $152 | $1,822 |
| State Farm | $108 | $1,294 |
| West Bend | $147 | $1,762 |
Cheapest Car Insurance In Iowa For Full Coverage
In Iowa, State Farm offers the most affordable rates for full coverage car insurance, starting at an average monthly premium of $82.
| Provider | Average Monthly Cost | Average Annual Cost |
|
Nationwide |
$145 |
$1,738 |
|
$82 |
$982 |
|
|
Allstate |
$173 |
$2,074 |
|
GEICO |
$170 |
$2,038 |
|
Progressive |
$165 |
$1,978 |
Full coverage car insurance in Iowa provides thorough protection for both drivers and their vehicles. Alongside the mandatory liability coverage required by the state, it encompasses additional options like collision and comprehensive insurance.
Collision coverage takes care of repair expenses for your vehicle following a collision with another vehicle or object, regardless of fault. Conversely, comprehensive coverage safeguards against damages resulting from non-collision incidents such as theft, vandalism, fire, or natural disasters.
This type of insurance offers peace of mind by offering extensive financial security in various scenarios, ensuring coverage for damages to both your vehicle and others involved in an accident. However, it’s essential to carefully review your policy to grasp coverage limits and deductibles for adequate protection.
Cheapest Car Insurance In Iowa For Seniors
In Iowa, West Bend Mutual offers the most affordable rates for seniors, starting at an average monthly premium of $48.
| Provider | Average Monthly Cost | Average Annual Cost |
|
Grinnell Mutual |
$122 |
$1,462 |
|
GEICO |
$70 |
$838 |
|
West Bend Mutual |
$48 |
$574 |
|
Farmers |
$100 |
$1,198 |
|
Allstate |
$75 |
$898 |
Senior citizens might be eligible for discounted car insurance rates due to several factors. Insurance companies often view seniors as experienced and dependable drivers who tend to exhibit safer driving behaviors. Moreover, many seniors drive fewer miles each year, lowering their chances of being involved in accidents and filing insurance claims.
To accommodate senior drivers, certain insurance companies provide specialized discounts. These discounts take into account factors such as the driver’s age, how often they drive, and whether they’ve completed senior driver safety courses. Many insurers encourage seniors to participate in defensive driving programs by offering discounts upon course completion. These courses aim to reinforce driving skills and knowledge, encouraging safer driving habits among seniors.
Cheapest Car Insurance In Iowa For Drivers With Poor Credit
In Iowa, West Bend Mutual provides the most affordable rates for drivers with low credit scores, offering average monthly premiums starting at $88.
| Provider | Average Monthly Cost | Average Annual Cost |
|
West Bend Mutual |
$88 |
$1,054 |
|
Western National |
$245 |
$2,938 |
|
State Farm |
$200 |
$2,398 |
|
Auto-Owners |
$173 |
$2,074 |
|
Westfield |
$146 |
$1,750 |
Determining car insurance rates heavily relies on your credit score, a vital factor insurers use to assess risk. Lower credit scores often indicate a higher likelihood of making claims, prompting insurers to classify these individuals as high-risk customers.
In Iowa, car insurance premiums for drivers with poor credit might be higher compared to those with good credit. Insurers frequently take credit history into account when setting rates, as research suggests a connection between credit score and the probability of filing claims.
Drivers with poor credit may encounter difficulties in finding affordable insurance options. However, they can still explore discounts and compare quotes from different insurers to secure the most favorable rates available to them.
Cheapest Car Insurance In Iowa For Minimum Coverage
In Iowa, State Farm stands out as the leading option for minimum coverage car insurance, providing average monthly rates as affordable as $25.
| Provider | Average Monthly Cost | Average Annual Cost |
|
State Farm |
$25 |
$298 |
|
American Family |
$30 |
$358 |
|
Progressive |
$32 |
$382 |
|
Nationwide |
$69 |
$826 |
|
Allstate |
$60 |
$718 |
In Iowa, drivers are required to adhere to legal mandates by maintaining minimum car insurance coverage to drive on public roads. This basic coverage typically comprises liability insurance, which includes two main components: bodily injury liability and property damage liability.
Bodily injury liability coverage assists in covering medical expenses, rehabilitation costs, and potential legal fees if you’re responsible for an accident that causes injury to someone else. On the other hand, property damage liability coverage helps in covering repair or replacement costs for another person’s vehicle or property if you’re deemed liable for the damage.
These minimum coverage standards in Iowa are established by state law and may vary depending on factors such as your vehicle type and driving record. It’s essential to thoroughly examine these requirements and ensure you have adequate coverage to fulfill legal obligations and protect yourself financially in the event of an accident.
Cheapest Car Insurance In Iowa For Good Drivers
Car insurance premiums for safe drivers in Iowa may fluctuate depending on elements like driving background, age, and preferred coverage. Generally, safe drivers with unblemished records qualify for reduced premiums as they present lower risk to insurers.
Moreover, they might qualify for extra discounts for consistently upholding a commendable driving history. It’s recommended for safe drivers to compare quotes from various insurers to identify the most favorable rates and coverage options that align with their specific requirements.
| Provider | Average Monthly Cost | Average Annual Cost |
|
State Farm |
$25 |
$298 |
|
American Family |
$30 |
$358 |
|
Progressive |
$32 |
$382 |
|
Nationwide |
$69 |
$826 |
|
Allstate |
$60 |
$718 |
Average Cost Of Auto Insurance In Iowa – By Age
| Age | Average Monthly Cost | Average Annual Cost |
| 16 | $422 | $5,062 |
| 17 | $258 | $3,094 |
| 18 | $233 | $2,794 |
| 19 | $204 | $2,446 |
| 21 | $160 | $1,918 |
| 25 | $156 | $1,870 |
| 35 | $132 | $1,582 |
| 45 | $127 | $1,522 |
| 55 | $115 | $1,378 |
| 65 | $89 | $1,066 |
| 75 | $89 | $1,066 |
Average Cost Of Car Insurance In Iowa – By Gender & Marital Status
| Gender | Marital Status | Average Annual Cost |
| Female | Single | $970 |
| Male | Single | $1,068 |
| Female | Married | $1,050 |
| Male | Married | $1,140 |
Average Cost Of Auto Insurance In Iowa – By Credit Tier
| Credit Tier | Average Monthly Cost | Average Annual Cost |
| Excellent | $100 | $1,198 |
| Good | $114 | $1,364 |
| Poor | $135 | $1,618 |
Cheapest Car Insurance In Iowa By City
| City | Average Monthly Cost | Average Annual Cost |
| Muscatine | $89 | $1,066 |
| Marion | $90 | $1,078 |
| Bettendorf | $90 | $1,078 |
| Johnston | $82 | $982 |
| Coralville | $82 | $982 |
Minimum Car Insurance Requirement In Iowa
In Iowa, the minimum requirements for car insurance include liability coverage for bodily injury and property damage, typically represented by three numbers like 25/40/15. This indicates coverage of $25,000 for bodily injury per person, $40,000 for bodily injury per accident, and $15,000 for property damage per accident.
Iowa mandates Personal Injury Protection (PIP) coverage as part of its no-fault insurance system. PIP coverage assists in covering medical expenses and lost wages for you and your passengers, irrespective of fault in an accident, offering essential financial protection for accident-related injuries.
Alternatively, drivers can choose the “Health Insurance Primary” (HIP) option, allowing their health insurance to serve as the primary coverage for accident-related medical expenses instead of PIP. However, not all health insurance plans qualify for HIP, so it’s essential to confirm eligibility with your health insurance provider.
Car Insurance Discounts In Iowa
As you explore the car insurance market, it’s helpful to look into providers that offer discounts tailored to your specific situation. Additionally, discussing with your insurance agent can reveal potential discounts you might not be taking advantage of.
Here are various types of discounts commonly provided by leading car insurance companies:
Safe Driver Discount: This discount is for policyholders with a clean driving record, devoid of accidents or traffic violations.
Multi-Vehicle Discount: Insurers often give discounts to policyholders who insure multiple vehicles under one policy, leading to significant savings compared to insuring each vehicle separately.
Bundling Discount: Many insurance companies offer discounts to customers who bundle their car insurance with other policies, like homeowners or renters insurance.
Good Student Discount: Students who maintain good grades in school may be eligible for discounts on their car insurance premiums.
Defensive Driving Course Discount: Completing a defensive driving course can qualify drivers for discounts on their car insurance premiums. These courses provide valuable skills and knowledge to help drivers avoid accidents and minimize risk on the road.
FAQs
How much is car insurance a month in Iowa?
The typical monthly expense for car insurance in Iowa varies depending on factors like age, driving record, and the coverage choices made by the driver.
What is the minimum car insurance one must have in Iowa?
In Iowa, drivers are obligated to have minimum car insurance, which comprises liability coverage for bodily injury and property damage. Moreover, they must also carry Personal Injury Protection (PIP) coverage.
Which insurance is better in Iowa?
Determining the top insurance provider in Iowa hinges on individual preferences, driving behaviors, and coverage needs. It’s recommended to obtain quotes from several insurers to pinpoint the best option for your specific circumstances.
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