Cheapest Car Insurance In Iowa For 2024

State Farm is celebrated for its dependable and reasonably priced car insurance policies in Iowa.

We’ve saved shoppers an average of $600 per year on their car insurance.

Explore offers from 100's of our trusted partners
Free. Secure. No Spam.
min read -
Updated: 11 September 2024
Written by Bob Phillips
On this page Open

Searching for affordable car insurance in Iowa can be tough, but it doesn’t have to be. State Farm, a top-rated insurer, is known for offering great rates and reliable coverage. Whether you need minimum or full coverage, they have options to suit your needs. With rising costs of living, it’s essential to find the most affordable car insurance that still provides adequate coverage.

Whether you’re a first-time driver, a daily commuter, or a family looking to reduce insurance premiums, knowing what affects your rates and where to get the best deals can make a huge difference. After over ten years of studying car insurance, I’ve created a guide to help you navigate the complicated world of auto insurance.

We’ll dive into the factors that affect premiums and share tips to help you get the best car insurance rates in Iowa without sacrificing coverage.

Cheapest Car Insurance Companies In Iowa

Cheapest Car Insurance, Iowa

Our Methodology

Our study involved a structured methodology to gather and analyze information about various car insurance providers and their policies. Initially, I identified essential factors to examine, such as coverage options, pricing, customer satisfaction, and financial stability. Then, I collected data from credible sources like insurer websites, consumer reviews, and industry reports. After gathering the data, I organized it into categories and assessed each insurer based on specific criteria. This process included comparing coverage options, premium rates, discounts offered, and customer feedback to identify the strengths and weaknesses of each provider.

65

Quotes Analyzed

15+

Years Of Industry Experience

22

Brands Reviewed

35+

Research Hours

Cheapest Car Insurance In Iowa For Drivers With Prior Incidents

Motorists in Iowa who have encountered accidents, speeding infractions, or DUIs often face challenges in securing affordable car insurance. These incidents categorize them as high-risk to insurers, resulting in increased premiums to compensate for the expected rise in claims. This trend is particularly notable in Iowa due to its higher rate of traffic accidents. Insurers determine their pricing strategies based on statistical analyses that demonstrate a connection between past driving incidents and an increased likelihood of future claims.

Cheapest Car Insurance In Iowa For Drivers With A Speeding Ticket

State Farm provides the best value with average premiums of $90, making it a budget-friendly choice for drivers with speeding offenses.

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

State Farm provides the cheapest rates, averaging $92, making it highly attractive for drivers who have been in at-fault accidents.

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

With Progressive, drivers facing a DUI can expect to pay around $190 in premiums, the lowest available.

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 adults generally receive less expensive car insurance than teenagers. This is because as they become more experienced, they tend to practice safer driving, leading to fewer accidents and insurance claims. Insurance firms account for these trends and offer reduced premiums to young adults based on their improved safety performance.

Cheapest Iowa Car Insurance For 16-Year-Olds

Pekin offers the least expensive insurance rates for sixteen-year-olds, averaging $312 monthly.

Provider Average Monthly Cost Average Annual Cost
IMT $345 $4,138
Auto-Owners $380 $4,558
Pekin $312 $3,742
West Bend $425 $5,098
GEICO $370 $4,438

Cheapest Iowa Car Insurance For 17-Year-Olds

Seventeen-year-olds can secure the cheapest insurance rates through Pekin, with premiums averaging $310.

Provider Average Monthly Cost Average Annual Cost
Progressive $380 $4,558
GEICO $350 $4,198
Auto-Owners $380 $4,558
Pekin $310 $3,718
IMT Insurance $320 $3,838

Cheapest Iowa Car Insurance For 18-Year-Olds

Geico has the most economical rates for 18-year-olds, with an average monthly premium of $300.

Provider Average Monthly Cost Average Annual Cost
Progressive $338 $4,054
Geico $300 $3,598
Iowa Farm Bureau $348 $4,174
Pekin $310 $3,718
IMT $302 $3,622

Cheapest Iowa Car Insurance For 21-Year-Olds

Pekin stands out as the budget-friendly choice for 21-year-olds, averaging just $192 per month in premiums.

Provider Average Monthly Cost Average Annual Cost
Pekin $192 $2,302
Geico $200 $2,398
IMT $250 $2,998
Progressive $210 $2,518
Iowa Farm Bureau $240 $2,878

Cheapest Car Insurance In Iowa For Full Coverage

State Farm boasts the lowest rates for full coverage auto insurance in Iowa, averaging just $82 per month.

Provider Average Monthly Cost Average Annual Cost

Nationwide

$145

$1,738

State Farm

$82

$982

Allstate

$173

$2,074

GEICO

$170

$2,038

Progressive

$165

$1,978

Drivers in Iowa can get full coverage car insurance, which provides extensive protection by including the required liability insurance along with extra options like collision and comprehensive coverage. Collision insurance covers damage to your car if it’s involved in an accident, even if you’re at fault. Comprehensive insurance pays for damages caused by non-accident events, such as theft or natural disasters. Full coverage gives drivers peace of mind, knowing they’re financially protected from a wide range of potential risks. Always review your policy carefully, including the limits and deductibles, to make sure you have the protection you need.

 

Cheapest Car Insurance In Iowa For Seniors

For seniors residing in Iowa, West Bend Mutual boasts the most economical rates, averaging $48 per month.

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

Older drivers may be able to secure cheaper car insurance rates thanks to their years of experience and typically safer driving habits. Insurers also note that seniors tend to drive less, which lowers their accident risk. Additionally, many companies offer special discounts for seniors, including savings for completing defensive driving courses that refresh their skills and encourage safe driving. These incentives can lead to even greater reductions in insurance premiums.

Cheapest Car Insurance In Iowa For Drivers With Poor Credit

Drivers in Iowa with poor credit can find the best rates with West Bend Mutual, starting at an average of $88 per month.

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

Car insurance rates in Iowa are often affected by your credit score, with lower scores typically leading to higher premiums. Insurers use credit scores as a measure of risk, believing that drivers with poor credit are more likely to file claims. This can make it more challenging for drivers with low credit scores to find affordable insurance. However, by comparing quotes and seeking out discounts, drivers can still find competitive rates.

Cheapest Car Insurance In Iowa For Minimum Coverage

State Farm boasts the lowest rates for basic car insurance coverage in Iowa, with an average monthly payment as low 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 legally required to have at least a minimum level of car insurance coverage. This usually includes liability insurance, which covers two main areas: bodily injury liability and property damage liability. Bodily injury liability takes care of medical expenses, rehabilitation, and legal fees if you’re found at fault for an accident that harms someone else.

Property damage liability, however, pays for repairing or replacing someone else’s vehicle or property if you cause damage. The state sets these minimum requirements, which can vary depending on factors like the type of car you drive and your driving history. It’s important to familiarize yourself with these regulations and make sure you’re adequately insured to meet both legal requirements and financial protection.

Cheapest Car Insurance In Iowa For Good Drivers

Car insurance rates for safe drivers in Iowa can differ based on factors such as driving history, age, and desired coverage. Typically, drivers with clean records may qualify for lower premiums as they are seen as lower risks by insurers. They may also be eligible for discounts for maintaining a good driving record over time. Safe drivers are encouraged to compare quotes from multiple insurers to find the best rates and coverage options that suit their needs.

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 $475 $5,698
17 $422 $5,064
18 $379 $4,546
19 $337 $4,042
21 $273 $3,274
25 $200 $2,398
35 $168 $2,014
45 $159 $1,906
55 $146 $1,750
65 $143 $1,714

Average Cost Of Car Insurance In Iowa – By Gender & Marital Status

Gender Marital Status Average Annual Cost
Female Single $1,100
Male Single $1,300
Female Married $1,350
Male Married $1,400

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
Cedar Falls $169 $2,026
Cedar Rapids $168 $2,014
Council Bluffs $205 $2,458
Davenport $172 $2,062
Des Moines $172 $2,062

Minimum Car Insurance Requirement In Iowa

Iowa law requires drivers to have liability insurance with minimum limits of 25/40/15—$25,000 for bodily injury per person, $40,000 per accident, and $15,000 for property damage. In addition, the state requires Personal Injury Protection (PIP) coverage, which helps with medical bills and lost wages, no matter who is at fault in an accident. If preferred, drivers can opt for the Health Insurance Primary (HIP) option, making their health insurance the primary coverage for medical expenses. However, not all health insurance plans are eligible for HIP.

Car Insurance Discounts In Iowa

Navigating the car insurance market becomes easier when you explore discounts that cater to your circumstances. Speaking with your agent can also help you uncover additional savings. Here’s a breakdown of popular discounts:

  •  Safe Driver Discount: For drivers with no accidents or violations.
  •  Multi-Vehicle Discount: Insuring multiple vehicles on one policy often results in savings.
  •  Bundling Discount: Combining auto insurance with other policies, such as home insurance, can save you money.
  •  Good Student Discount: Students with good grades may qualify for lower premiums.
  •  Defensive Driving Discount: Completing a defensive driving course may make you eligible for discounted rates.
 

FAQs

How much is car insurance a month in Iowa?

The monthly price of car insurance in Iowa can vary, influenced by age, driving history, and the coverage options picked by the driver.

What is the minimum car insurance one must have in Iowa?

Drivers in Iowa are legally required to have car insurance that includes liability coverage for bodily injury and property damage, along with Personal Injury Protection (PIP) coverage.

Which insurance is better in Iowa?

The optimal insurance choice in Iowa is determined by personal preferences, driving patterns, and coverage requirements. It’s prudent to obtain quotes from multiple insurers to identify the best fit.

Go back to top