Cheapest Car Insurance in Iowa

For Iowa drivers, Progressive offers the most affordable minimum coverage car insurance at just $16 monthly or $188 annually. This rate is $132 less per year compared to the state's average cost. These figures are based on data from Quadrant Information Services, reflecting the cheapest rates in Iowa as of December 2024. Read our research methodology to learn about how we found the cheapest Iowa car insurance.

Travelers is the cheapest car insurance company for most drivers, with an average monthly cost of $41 for both state minimum and full coverage. This rate is $14 less than the state's average. West Bend Mutual, American Family, Progressive, and Grange Insurance also offer affordable rates.

*We used combined minimum and full coverage rates for a 40-year-old driver with good credit and no driving violations to calculate these averages.

Progressive offers the cheapest car insurance for most drivers in Iowa, covering both minimum and full coverage. However, your rate depends on your personal background. Below, you'll find a table highlighting the cheapest car insurance rates for various driving profiles in Iowa.

Read More: Cheapest Car Insurance

Progressive offers the cheapest rate for cheap minimum liability coverage, with Westfield, State Farm, and West Bend Mutual also providing affordable options for drivers. Use the table below to explore rates from these companies and see how they stack up against the average monthly premium in Iowa.

Travelers provides the cheapest full coverage auto insurance in Iowa, with rates averaging $57 per month or $688 per year. This is $26 less than the state's average cost. Check the table below for other provider options.

Iowa's young adult drivers find Progressive to be the most affordable. A 25-year-old can expect to pay about $21 a month for state minimum coverage.

*We used minimum coverage for a 25-year old driver with good credit and no driving violations to determine the cheapest provider.

Young drivers in Iowa can find affordable auto insurance with Progressive offering minimum coverage and American Family providing full coverage. Rates vary based on driving history, but these companies are a good starting point. For drivers with bad credit, Grange Insurance is a viable option. Explore these providers to find the best fit for your needs.

Read More: Cheapest Car Insurance for Young Drivers

For senior drivers, Progressive offers the lowest rates in Iowa. The average monthly policy is $14 for 65-year-olds seeking minimum coverage.

*We used minimum coverage for a 65-year old driver with good credit and no driving violations to determine the cheapest provider.

Progressive and State Farm often offer affordable rates for senior drivers with different needs. Travelers provides the best full coverage options. Quotes may vary, but you can use the rates in the table below to guide your car insurance shopping experience.

Read More: Cheapest Car Insurance for Seniors

Drivers in Iowa with a DUI, at-fault accident, or speeding ticket are labeled high-risk by insurers and typically pay more for car insurance than those with a clean record. For high-risk drivers, average premiums vary depending on the offense. Below are the best rates for drivers with a DUI, at-fault accident, and speeding ticket.

Progressive offers the best rates for Iowa drivers with DUIs, averaging $18 per month ($213 per year) for minimum coverage insurance. Check the table below for a list of insurance providers and their average monthly premiums for drivers with DUIs in Iowa.

*We used a 40-year-old driver with good credit and a DUI on record to calculate these averages.

With rates averaging $23 per month ($273 per year), Western National is the cheapest company for drivers after an at-fault accident. Below is a list of other insurers offering affordable coverage for drivers with accidents on their records. Rates are for minimum coverage policies.

*We used a 40-year-old driver with good credit and an at-fault accident on record to calculate these averages.

Progressive offers the most affordable insurance for drivers with a speeding ticket, with rates averaging $20 per month. Check out the table below to compare providers offering state minimum coverage for those with a speeding ticket.

We used a 40-year-old driver with good credit and a speeding ticket on record to calculate these averages.

Progressive is the cheapest car insurance provider for drivers with poor credit scores, offering state minimum coverage at $20 per month or $242 annually. Review the table below for more options from other providers.

*These rates are based on a 40-year-old driver with bad credit and a clean driving record.

Your location plays a big part in your car insurance rates. Even in the same state, cities can have different rates because of things like how many people live there, flood risks, and crime.

For example, Progressive charges $20 a month in Cedar Rapids but $21 in Davenport for the same state minimum coverage. Meanwhile, West Bend Mutual asks for $22 in Des Moines. Look at the table below to find your city, the most affordable insurer, and their lowest average monthly premium.

*The lowest rate reference is for a minimum coverage policy for 40-year-olds with good credit and no driving violations.

Looking to bundle home and auto insurance in Iowa? Farmers is your most affordable bet at $1917. Check the table below for more cost-effective options.

*Rates are for a 40 year old driver with good credit and no driving violations

In Iowa, full coverage car insurance averages $84 monthly, while state minimum coverage averages $27. Understanding the average cost of car insurance in Iowa helps you spot a fair insurance deal.

In Iowa, auto insurance rates change by city. Here's a table with average minimum and full coverage costs for various locations.

Car insurance in Iowa ranks as one of the most affordable in the nation. Low population density, strategic location away from disaster-prone areas, and lower vehicle theft rates contribute to keeping car insurance costs in Iowa low for residents.

Iowa law requires all drivers to carry car insurance policies with minimum coverage limits. These include $20,000 for bodily injury per person, $40,000 per accident, and $15,000 for property damage per accident. These values ensure that in the event of an accident, there's a basic level of financial protection for those involved.

If you finance or lease your car, you're likely required to add comprehensive and collision insurance to your policy, beyond the state minimum coverage. While a minimum liability auto insurance policy is the most affordable option, it also offers the least amount of financial protection. For greater financial security, experts recommend opting for full coverage insurance with the highest deductible and liability limits you can afford.

In Iowa, the most common car insurance alternative is a surety bond. This bond ensures that you can pay for damages up to a certain amount, meeting the state's minimum coverage requirements.

For business owners, self-insurance is an option. This involves proving you have enough money to cover accident costs, which can be a flexible way to fulfill insurance needs.

MoneyGeek recommends that drivers secure full coverage car insurance for comprehensive protection. This includes liability, collision, and comprehensive coverage. We suggest the following liability limits for adequate coverage:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage per accident

Comprehensive coverage ensures your car is protected from off-road damages, such as theft, vandalism, or natural disasters like fires and severe weather. Collision coverage, on the other hand, takes care of damages from on-road collisions.

If your car holds significant value, MoneyGeek advises opting for both comprehensive and collision insurance, even though it's not a legal requirement. When selecting your deductible for these coverages, consider what you can comfortably afford to pay out of pocket. This will help determine the deductible amount before your insurance contributes to the remaining costs.

Travelers offers the cheapest full coverage at $57, while Progressive has the lowest minimum coverage at $16. Cheap car insurance can be tempting, but it's not always the best choice. Experts say buy the most coverage you can afford for the safest driving in Iowa.

MoneyGeek answers commonly asked questions about the cheapest car insurance in Iowa to ensure you get the right coverage for your situation.

MoneyGeek obtained Iowa auto insurance rates from the Iowa Department of Insurance and Quadrant Information Services. We examined 29,688 auto insurance quotes from 16 providers across 33 ZIP codes to determine the most affordable car insurance companies in Iowa.

Iowa Driver Profile

We used a driver profile with the following background information to identify the cheapest auto insurance companies in Iowa:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually

To find the cheapest option for various driver backgrounds, we adjusted this sample profile by age, driving record, credit score, car make and model, and military service where specified.

Standard Coverage Levels in Iowa

We compared car insurance companies in Iowa that offer both minimum and full coverage policies. We set the limits of the minimum coverage car insurance policy to the minimum amount required by law in Iowa.

The minimum coverage liability limits in Iowa are:

• $20,000 for bodily injury liability per person
• $40,000 for bodily injury liability per accident
• $15,000 for property damage liability per accident

For full coverage policy rates, we used the following liability limits:

• $100,000 for bodily injury liability per person
• $300,000 for bodily injury liability per accident
• $100,000 for property damage liability
• Comprehensive and collision coverage with a $1,000 deductible

Home and Auto Coverage Levels in Iowa

MoneyGeek analyzed the rates of insurance companies for a full-coverage auto insurance policy that includes the following coverage and limits:

• $100,000 in property damage liability
• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• Comprehensive and collision coverage with a $1,000 deductible

We also analyzed rates for a homeowners insurance policy that includes the following limits and coverage:

• $250,000 dwelling coverage
• $25,000 other structures coverage
• $100,000 personal property coverage
• $25,000 loss of use coverage
• $100,000 personal liability coverage
• $1,000 medical payments coverage
• All-perils coverage with a $1,000 deductible