You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout liveliness ’ s fiscal journey. Bankrate ’ s editorial team writes on behalf of YOU – the reviewer. Our finish is to give you the best advice to help you make smart personal finance decisions. We follow rigid guidelines to ensure that our editorial content is not influenced by advertisers. Our column team receives no direct recompense from advertisers, and our content is thoroughly fact-checked to ensure accuracy. so, whether you ’ re reading an article or a inspection, you can trust that you ’ re getting credible and dependable information. We value your believe. Our mission is to provide readers with accurate and indifferent information, and we have column standards in position to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you ’ re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive address compensation from our advertisers. Bankrate follows a hard-and-fast editorial policy, so you can trust that we ’ rhenium putting your interests first base. Our award-winning editors and reporters create honest and accurate content to help you make the correct fiscal decisions. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ ra putting accuracy foremost. Our indemnity team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — monetary value, customer service, policy features and savings opportunities — indeed you can feel convinced about which supplier is right for you. Bankrate follows a stern column policy, so you can trust that we ’ re putting your interests beginning. All of our message is authored by highly qualify professionals and reviewed by subject matter experts, who ensure everything we publish is objective, accurate and worthy of your entrust. Founded in 1976, Bankrate has a hanker track record of helping people make chic fiscal choices. We ’ ve maintained this repute for over four decades by demystifying the fiscal decision-making procedure and giving people confidence in which actions to take next. While we adhere to strict column integrity, this post may contain references to products from our partners. here ‘s an explanation for how we make money. This capacity is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. The average cost of car insurance in Iowa is $ 1,260 for a full moon coverage policy, while the local average for minimal coverage is $ 252, according to Bankrate ’ randomness 2021 study of quoted annual premiums. That breaks down to $ 105 and $ 21 per calendar month, respectively. Learning the ins and outs of how much cable car insurance costs in your area can help you to avoid overpaying. With a bit of steering and inquiry, it may be possible to find cheap car insurance that offers exchangeable coverage. The first footprint is to understand that averages can hide a fortune of variances. With so many factors going into how policy rates are made, it ’ mho about impossible to understand your costs without learning a bite about how providers make these calls. From age and drive record to the location of your home address, the nuances of car policy rates can be complicated .
How much does car insurance cost in Iowa?
While localization does topic, at both the state and city level, many other variables besides factor into the monetary value of Iowa car policy rates. even indeed, it ’ mho helpful to know the average cost in your express so you can control for it when considering these other variables.
Read more: Best car insurance companies for 2022
The average cost of full coverage for Iowa drivers is $ 1,260 per year and $ 252 per class for minimum coverage. On the early hand, the annual average for the U.S. is $ 1,674 for full coverage car insurance, showing that average car insurance rates in Iowa are relatively cheap when compared to the national modal. beyond location, some of the top variables for impacting Iowa car indemnity rates are age, drive record, indemnity grade, policy company and vehicle. Every insurance supplier does things differently, but most include these factors in their rate calculations. The logic behind many of these factors is that they can help providers predict how expensive a customer might be to insure. insurance providers use this datum to help them figure out how much money they are likely to pay out in claims for a customer. This estimate is then used to help them determine rates .
Iowa car insurance rates by company
It ’ south utilitarian to know the overall cost averages for your submit. hush, a breakdown by party can help to fill the picture in further. even with all else held equal—the same customer, vehicle, and coverage types and amounts—every company is probable to offer at least a slightly different quote. Below you can see what the average costs for cable car policy in Iowa are by indemnity supplier .
Iowa car insurance rates by city
average costs can vary importantly between cities within the state. For example, Council Bluffs has an modal that is 23 % greater than the state average. In comparison, Ames has an average that is -16 % below the state average. This chart compares the top 20 cities by population .
| City | Average annual premium for full coverage | % increase from state average annual premium |
|---|---|---|
| Des Moines | $1,216 | -2% |
| Cedar Rapids | $1,143 | -8% |
| Davenport | $1,213 | -3% |
| Sioux City | $1,332 | 7% |
| Iowa City | $1,065 | -15% |
| Waterloo | $1,196 | -4% |
| Council Bluffs | $1,534 | 23% |
| Dubuque | $1,150 | -8% |
| Ames | $1,048 | -16% |
| West Des Moines | $1,081 | -13% |
| Ankeny | $1,071 | -14% |
| Urbandale | $1,100 | -12% |
| Cedar Falls | $1,160 | -7% |
| Marion | $1,122 | -10% |
| Bettendorf | $1,167 | -6% |
| Mason City | $1,109 | -11% |
| Marshalltown | $1,164 | -7% |
| Clinton | $1,193 | -4% |
| Ottumwa | $1,182 | -6% |
| Burlington | $1,166 | -7% |
Iowa car insurance rates by age
Age is one of the more substantial variables when it comes to how policy companies calculate car rates. Different old age demographics have significantly different chances of experiencing an car accident, filing a claim, or receiving a slate. Providers use this information to help them determine rates. As a result, the assorted age groups tend to have perceptibly different modal premiums. *16-year-old calculated on parent ’ randomness policy disclosure ; 18- and 20-year-old are renters
Iowa car insurance rates by driving record
Insurers use statistics to help calculate rates, based chiefly on how expensive a customer is estimated to be to insure. Driving records have a impregnable statistical correlation with future performances and incidents, or the lack thereof. Therefore, even one traffic umbrage can increase your rates by a noteworthy amount .
| Driving incident | Average annual full coverage premium in Iowa | % increase of average annual premium |
|---|---|---|
| Speeding ticket | $1,531 | 21% |
| Accident | $1,731 | 37% |
| DUI | $2,334 | 85% |
How to save on car insurance in Iowa
One of the most recommend ways to save money on car policy is to pursue discounts. many insurance providers offer a kind of discounts that can help to reduce rates. In cosmopolitan, these discounts will be things that make you a safer, less financially hazardous driver. The less likely you are to be involved in a traffic irreverence, the more likely you are ( generally ) to qualify for discounts. Discounts aren ’ triiodothyronine the alone way, though. When trying to find the best cheap car indemnity in Iowa, every morsel of savings can help :
- Discounts: One of the most convenient ways to save on car insurance is to pursue discounts offered by your insurance provider. These discounts can range from safe driving benefits to paperless billings discounts to bundled policies and more. In general, the more discounts you can qualify for, the more money you can save on premiums.
- Lower coverages: It can be a delicate balance, but one way to lower your premiums is to reduce your coverage limits. First, of course, you have to maintain at least the state minimums. Still, otherwise, it is generally at the customer’s discretion.
- Higher deductibles: Raising your deductible will reduce your rates, but it comes at a risk. A higher deductible means paying more money out of pocket before your insurance policy will help with costs.
- Credit score: Credit scores have an indirect but notable impact on auto insurance rates. This impact is because insurance providers use credit scores when calculating insurance scores. These values are used to help them determine how expensive a given customer might be to insure. This estimate, in turn, helps inform how much the provider will charge that customer for insurance.
Frequently asked questions
How much car insurance do I need in Iowa?
Most states require specific minimal amounts of car insurance for all drivers. In Iowa, these legal requirements are $ 20,000 bodily injury liability per person, $ 40,000 bodily injury indebtedness per accident, and $ 15,000 place price liability per accident .
What is the best car insurance in Iowa?
The best car insurance is frequently different depending on the driver and the circumstances. Policies and rates are individualized enough that each person can have a different experience, even when purchasing the like type of indemnity from the like company. Consider comparing providers from the best car indemnity companies for 2022 .
Is it worth moving to save on car insurance?
broadly, no, it will not be. There are some situations, possibly where it might make sense, however. For example, if you presently rent in a city and your ZIP code has significantly more expensive rates than another ZIPs code in that city. Suppose you can find a rental that you like in these cheaper ZIP codes, and the rip cost is equivalent or more low-cost. In that sheath, it might be reasonable to consider moving when your lease is up. For the most share, though, the savings gained will rarely offset the costs accrued by moving .
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean drive record, dear accredit and the follow full coverage limits :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimal coverage limits, Bankrate used minimal coverages that meet each state ’ sulfur requirements. Our base profile drivers own a 2019 Toyota Camry, change five days a week and drive 12,000 miles annually.
Read more: The Best Car Insurance Companies for 2022
These are sample rates and should entirely be used for relative purposes. Age : Rates were calculated by evaluating our basis profile with the ages 18-60 ( base : 40 years ) applied. Depending on senesce, drivers may be a tenant or homeowner. Incident : Rates were calculated by evaluating our base visibility with the follow incidents applied : uninfected record ( root ), at-fault accident, single accelerate slate, single DUI conviction and lapse in coverage .