How to Compare Car Insurance Rates 2024
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Cheap Car Insurance in Iowa (2024)

Published on:
Content was accurate at the time of publication.

State Farm has the cheapest car insurance in Iowa for most drivers. Progressive is the cheapest for Iowa drivers with a DUI. American Family is the cheapest for drivers with bad credit.

Find the Cheapest Auto Insurance Quotes in Iowa

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Savings Tips

You can save around $700 a year by comparing full-coverage car insurance quotes in Iowa.

State Farm, Auto-Owners, Farm Bureau and American Family all offer liability-only policies under $300 a year on average.

Farm Bureau and State Farm offer the cheapest car insurance quotes for teen drivers.

State Farm is the best company in Iowa to contact for cheap full-coverage car insurance quotes. Its rates average $955 a year for a typical adult driver, or $80 a month.

State Farm’s full-coverage rate is 43% less than the state average of $1,663 a year. It’s also 26% less than the next cheapest rate, at $1,292 a year from Auto-Owners.

Full-coverage car insurance rates in Iowa

CompanyAnnual Rate
State Farm$955
Auto-Owners$1,292
Farm Bureau$1,371
American Family$1,430
State Average$1,663
Nationwide$1,913
Progressive$1,955
Geico$1,977
Grinnell Mutual$2,015
Allstate$2,055

Your actual price depends on your driving record, credit, location, vehicle and other factors. Since each company weighs these factors differently, it’s good to compare quotes from multiple companies.

State Farm has the cheapest liability-only auto insurance in Iowa, with rates that average $237 a year, or $20 a month.

State Farm’s liability rate is 47% less than the state average. Auto-Owners, Farm Bureau and American Family are not much more expensive.

Liability car insurance rates in Iowa

CompanyAnnual Rate
State Farm$237
Auto-Owners$249
Farm Bureau$262
American Family$295
Progressive$405
Grinnell Mutual$421
State average$444
Geico$676
Allstate$697
Nationwide$754

Liability car insurance covers injuries and property damage you cause to others in a car accident. Full coverage includes collision and comprehensive, which cover your own vehicle for theft and damage.

Farm Bureau and State Farm have the cheapest car insurance quotes in Iowa for teen drivers.

Farm Bureau has the cheapest liability-only quotes for young drivers. It charges 18-year-olds an average of $743 a year for liability insurance, or $62 a month. The next-best rate comes from State Farm, which charges $816 a year, or $68 a month.

Liability car insurance rates for young drivers

CompanyAnnual Rate
Farm Bureau$743
State Farm$816
Auto-Owners$1,004
Grinnell Mutual$1,014
American Family$1,261
Geico$1,293
Progressive$1,311
State average$1,328
Allstate$2,140
Nationwide$2,372

State Farm has the cheapest full-coverage rates for 18-year-olds at $2,623 a year. State Farm’s rate is 39% less than the state average.

Full-coverage car insurance rates for young drivers

CompanyAnnual Rate
State Farm$2,623
Farm Bureau$3,135
Auto-Owners$3,531
Geico$3,952
State average$4,332
Grinnell Mutual$4,534
Allstate$4,849
Progressive$5,031
American Family$5,350
Nationwide$5,979

State Farm has the cheapest car insurance for Iowa drivers with a speeding ticket. It charges these drivers $1,020 a year for full coverage, or $85 a month.

In Iowa, a speeding ticket bumps the average price of car insurance up by 21% to 2,016 a year. State Farm’s rate is 49% less than the state average for drivers with a ticket.

Iowa auto insurance rates after a speeding ticket

CompanyAnnual Rate
State Farm$1,020
Farm Bureau$1,677
American Family$1,845
Grinnell Mutual$2,015
State average$2,016
Auto-Owners$2,219
Allstate$2,260
Geico$2,331
Progressive$2,389
Nationwide$2,392

Cheapest rates after an accident in Iowa: State Farm

State Farm has the cheapest rates in Iowa for drivers with a prior at-fault accident. It charges these drivers an average of $1,086 for full coverage, or $91 a month. This is 35% less than the next-cheapest rate, $1,682 a year from Auto-Owners.

An accident increases the average cost of car insurance in Iowa by 41% to $2,349 a year.

Iowa auto insurance rates after an at-fault accident

CompanyAnnual Rate
State Farm$1,086
Auto-Owners$1,682
Grinnell Mutual$2,015
Farm Bureau$2,225
American Family$2,399
State average$2,349
Progressive$2,589
Nationwide$3,019
Allstate$3,042
Geico$3,088

Find the Cheapest Auto Insurance Quotes in Iowa

Progressive has the cheapest car insurance for Iowa drivers with a DUI. It charges an average of $2,157 a year for full coverage, or $180 a month. Next is Allstate at $2,709 a year, or $226 a month.

In Iowa, a DUI raises the average cost of insurance by 87% to $3,110 a year, or $259 a month.

Iowa auto insurance rates after a DUI

CompanyAnnual Rate
Progressive$2,157
Allstate$2,709
American Family$2,744
Farm Bureau$2,992
Auto-Owners$3,007
State average$3,110
Geico$3,165
State Farm$3,557
Nationwide$3,755
Grinnell Mutual$3,902

Best rates in Iowa for drivers with bad credit: American Family

Iowa drivers with bad credit can get the cheapest auto insurance quotes from American Family and Farm Bureau.

American Family is the cheapest, with rates that average $2,349 a year for full coverage, or $196 a month. Farm Bureau’s rates average $2,362 a year, which is only $13 more.

In Iowa, drivers with bad credit pay an average of 88% more for car insurance than those with good credit. Improving your credit can help you get cheaper car insurance in the future.

Auto insurance rates for Iowa drivers with bad credit

CompanyAnnual Rate
American Family$2,349
Farm Bureau$2,362
Nationwide$2,730
Geico$2,852
Allstate$3,043
State average$3,124
Progressive$3,251
Auto-Owners$3,294
Grinnell Mutual$3,541
State Farm$4,693

In Iowa’s cities, car insurance rates for full coverage range from $1,432 in Coralville to $1,973 a year in Council Bluffs.

Drivers in Des Moines pay an average of $1,686 a year for car insurance, or $141 a month. Cedar Rapids drivers pay an average of $1,604 a year, or $134 a month.

Average car insurance rates by city

CityAnnual Rate
Ames$1,433
Ankeny$1,468
Bettendorf$1,607
Burlington$1,526
Cedar Falls$1,614
Cedar Rapids$1,604
Clinton$1,610
Coralville$1,432
Council Bluffs$1,973
Davenport$1,671
Des Moines$1,686
Dubuque$1,627
Fort Dodge$1,613
Iowa City$1,445
Johnston$1,493
Marion$1,570
Marshalltown$1,559
Mason City$1,496
Muscatine$1,541
Ottumwa$1,622
Sioux City$1,810
Urbandale$1,549
Waterloo$1,663
Waukee$1,555
West Des Moines$1,558

Iowa’s financial responsibility law requires you to have liability car insurance. The penalties for driving without insurance include fines and a suspension of your license of registration.

If you cause an accident without insurance, you have to pay for a victim’s medical and car repair costs out of your pocket.

Minimum car insurance requirements in Iowa

Iowa’s minimum car insurance requirements include:

  • Bodily injury liability: $20,000 per injured person/$40,000 per accident
  • Property damage liability: $15,000

All auto insurance policies in Iowa include uninsured motorist coverage. However, you can sign a waiver to remove the coverage for your policy. Uninsured motorist insurance covers you and your passengers for injuries caused by an uninsured driver.

Liability covers injuries and damage you cause to others in a car accident. You are personally responsible for costs that exceed your liability limits. Higher liability limits provide more protection for your savings, home and other assets.

The key optional coverages to consider adding to your car insurance include:

  • Collision and comprehensive: These combine to cover your car for theft or damage. Lenders require both for car loans. They are also often worth having for any vehicle worth more than a few thousand dollars.
  • Personal injury protection (PIP): Covers injuries you and your passengers suffer in a car accident, regardless of fault.

SR-22 car insurance in Iowa

You usually need SR-22 insurance in Iowa to reinstate a suspended license or registration. An SR-22 is a certificate your insurance company files with the state when you buy your policy.

Some companies do not insure drivers with an SR-22. Companies that do often add a $20 to $40 filing fee to your rate.

The actual cost of SR-22 insurance depends largely on the offense that led to the filing requirement. You’ll usually pay more for SR-22 insurance after a DUI than for driving without insurance.

No. Iowa has traditional at-fault car insurance laws for car accidents. If you cause an accident, you are financially responsible for your victim’s medical and car repair costs. You may have to pay less if others are partially responsible.

The average cost of minimum-liability car insurance in Iowa is $444 a year, or $37 a month. Full coverage costs an average of $1,663 a year, or $139 a month.

Yes. It is illegal to drive without insurance in Iowa. The state’s financial responsibility law requires drivers and vehicle owners to have liability auto insurance.

Methodology

LendingTree sources rate data from public filings reported to Quadrant Information Services. Rates in this article are based on an analysis of more than 400,000 quotes for sample drivers in every Iowa ZIP code.

Unless otherwise noted, our sample driver is a single 30-year-old male who owns a 2015 Honda Civic EX. Our young base driver is an 18-year-old male with a good driving record.

Liability policies have the minimum coverages and limits required by the state.

Full coverage includes:

  • Bodily injury liability: $50,000 limit per person/$100,000 limit per accident
  • Property damage liability: $25,000 limit
  • Uninsured motorist bodily injury: $50,000 per person/$100,000 per accident.
  • Uninsured motorist property damage: $25,000
  • Collision: $500 deductible
  • Comprehensive: $500 deductible

Rates are shown for comparative purposes only. Yours may vary.