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.
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
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.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
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 |
|
$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.
