Best cheap car insurance in Iowa in 2021


Auto insurance in Iowa is very affordable – the average driver in Iowa will only pay $ 700 per year for

car insurance

, according to Insurance Information Institute. Compared to the national average of $ 935 per year, auto insurance in Iowa is the most affordable in the United States.

Auto insurance companies take your location, age, gender, and driving record into account when calculating premium rates. Other factors like credit score, marital status, type of vehicle, previous coverage, and miles driven can all play a role in how much you’ll pay for coverage.

Even though auto insurance costs aren’t high in Iowa, there are still opportunities to save money by shopping around and comparing coverage beyond the premium or the amount you’ll pay for the coverage.

Minimum Automobile Liability Insurance Requirements in Iowa

Liability coverage is required by law. If you are involved in an accident, liability insurance covers damage you cause to the other vehicle, the driver and their passengers. If you finance or lease your car, your lender probably requires full coverage and collision coverage.

The two main components of liability insurance are personal injury and property damage, required by most states. Liability insurance also includes coverage for uninsured motorists and underinsured motorists, to protect you when a faulty driver hits you and they have no coverage, or not enough coverage.

Iowa requires personal and property coverage, according to the Insurance Information Institute. The Iowa minimum liability requirements are 20/40/15, which means up to $ 20,000 in injury protection for each person involved in an accident, up to $ 40,000 in injuries per incident and up to $ 15,000 in property damage per incident.

Best Cheap Auto Insurance In Iowa Based On Credit Score

Consumer reports has compiled a list of all auto insurance pricing formulas from all companies in each state. He used an average single adult driver to find the best price in each state and found that three companies ranked first for three different credit levels. Here are the top three companies and their average cover price:

* USAA is restricted to serving military personnel, veterans and their families.

Average premiums for senior and teen drivers in Iowa

The table below shows the average amount senior and teen drivers can expect to pay in Iowa. Because teenage drivers are new drivers with little driving history and more accident prone, their rates are high. Most insurance companies offer discounts to teenage drivers for good grades or for taking road safety courses.

Older drivers typically see an increase in auto insurance premiums as they get older, but not as much as new or teenage drivers. If you still drive in your sixties and sixties, there are ways to negotiate cheaper auto insurance rates, like using pay-per-kilometer.

Data provided by Hen head insurance

Auto insurance rates in Iowa by city

Where you live affects your premium. Those in urban areas pay more than those in rural areas. Below is the estimated average annual premium of

car insurance

policies per household in most populous cities in Iowa:

S&P Global Market Intelligence data

Best Car Insurance In Iowa Based On Customer Satisfaction

Customer satisfaction with auto insurance providers may be a factor in your decision. According to a 2021 survey conducted by JD Power, a consumer research company that surveys customers, here are the top auto insurance companies in the central region (which includes Iowa):

Here are the most popular auto insurance companies in Iowa, based on the percentage of Iowa insured drivers who use them:

* USAA is restricted to serving military personnel, veterans and their families.

S&P Global Market Intelligence data

Who gets the best auto insurance in Iowa?

Those who get the best auto insurance rates will be the ones with the best credit. There are several other factors that can affect how an insurance company will price your premium, including your age, gender, type of car you drive, and where you live in Iowa.

Another way to save money is to shop around – each insurance company rates their policies differently, and no two policies are the same. Prices vary widely depending on whether you get Third Party Liability, Full Liability, or Collision Liability coverage.

Consider the amount of coverage and the types of coverage listed on your quote. Remember, you are looking for the best coverage for your money. Remember to look at the deductible, or how much you will pay out of pocket if you have an accident.

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