The Best and Cheapest Iowa Car Insurance Quotes (2023)
The Best and Cheapest Iowa Car Insurance Quotes (2023)
State Farm has the best cheap car insurance in Iowa, with average rates of $14 per month for a minimum liability policy.
Best cheap car insurance in Iowa
To help drivers find the best cheap car insurance in IA, our editorial team gathered quotes from top companies across each ZIP code in the state. Quotes for minimum coverage meet the Iowa state minimum requirements of $25,000 in bodily injury liability coverage per person and $40,000 per accident, plus $15,000 in property damage protection. Full coverage quotes include collision and comprehensive insurance, along with higher liability limits than the state minimums.
In addition, we ranked the best IA auto insurance companies based on customer service reviews, affordability for different drivers, coverage availability and convenience.
Cheapest auto insurance quotes in Iowa: State Farm
State Farm offers the cheapest car insurance quotes for minimum coverage insurance in Iowa. The average cost of coverage from State Farm is $14 per month — 58% cheaper than the state average.
The average cost of minimum coverage car insurance quotes in Iowa is $34 per month, or $403 per year, for a minimum liability policy.
Find Cheap Auto Insurance Quotes in Iowa
A liability-only policy is the cheapest insurance option for drivers in Iowa. However, it provides less protection than a full coverage policy, which protects your own car from damage and can also have higher liability limits.
Cheapest minimum coverage car insurance in Iowa
Company | Monthly rate | |
|---|---|---|
| State Farm | $14 |
| Auto-Owners | $18 |
| Farm Bureau | $20 |
| American Family | $25 |
| Grinnell | $29 |
*USAA is only available to current and former military members and their families.
Cheapest full-coverage car insurance in Iowa: State Farm
The cheapest full-coverage quotes come from State Farm. At $54 per month, a policy from State Farm is 58% cheaper than the average in Iowa.
The average cost of full coverage auto insurance in Iowa is $127 per month, or $1,530 per year.
Company | Monthly rate |
|---|---|
| State Farm | $54 |
| Auto-Owners | $99 |
| Farm Bureau | $103 |
| American Family | $107 |
| Geico | $150 |
*USAA is only available to current and former military members and their families.
A policy with higher liability limits and comprehensive and collision insurance will cost you $94 more per month in Iowa. Collision insurance covers the cost of damage to your own car after an accident, regardless of fault. Comprehensive insurance pays for damage unrelated to a collision, like severe weather or vandalism.
You should consider adding these coverages if your car is worth more than $3,000 or is less than 10 years old. Comprehensive and collision are usually required if you have a car loan or lease.
Cheapest car insurance quotes in IA for drivers with prior incidents: State Farm
State Farm has the cheapest car insurance quotes in Iowa for drivers with a speeding ticket, accident or DUI on their record.
The average cost of car insurance in Iowa is generally more expensive for drivers involved in an accident or with citations for DUI (driving under the influence) or other traffic violations.
Find Cheap Auto Insurance Quotes in Iowa
Cheapest for drivers with a speeding ticket: State Farm
State Farm has the cheapest full coverage auto insurance for people with a speeding ticket in Iowa. Coverage from State Farm costs $57 per month, which is 63% cheaper than average in Iowa.
Company | Monthly rate |
|---|---|
| State Farm | $57 |
| Farm Bureau | $126 |
| American Family | $138 |
| Grinnell | $150 |
| Auto-Owners | $164 |
Drivers in Iowa can expect their car insurance rates to increase by around 22% after a single speeding ticket.
Cheapest full coverage car insurance after an accident: State Farm
State Farm offers the cheapest quotes for Iowa drivers who have been in an at-fault accident. The cost of full coverage auto insurance from State Farm is $61 per month, which is 67% cheaper than the statewide average for drivers with one accident.
Company | Monthly rate |
|---|---|
| State Farm | $61 |
| Auto-Owners | $126 |
| Grinnell | $150 |
| Farm Bureau | $168 |
| American Family | $182 |
On average, the cost of coverage rose by 44% for Iowa drivers after an at-fault accident. However, State Farm is $214 cheaper per month than the most expensive company, Progressive, for drivers with an accident.
Cheapest quotes in IA for drivers with a DUI: State Farm
State Farm is the cheapest insurance company for Iowa drivers with a DUI. A full-coverage policy from State Farm costs $181 per month, which is 21% less than the Iowa average.
Company | Monthly rate |
|---|---|
| State Farm | $181 |
| Allstate | $198 |
| Progressive | $199 |
| American Family | $205 |
| Auto-Owners | $220 |
A DUI on your driving record can increase the average cost of car insurance by 79% in Iowa. Drivers with a DUI may also have to get SR22 insurance, which can cost even more.
Cheapest for drivers with poor credit: State Farm
State Farm is the cheapest car insurance company in Iowa for drivers with bad credit. Full coverage from State Farm costs around $136 per month. That's 38% cheaper than the state average of $218 per month.
Company | Monthly rate |
|---|---|
| State Farm | $136 |
| American Family | $176 |
| Farm Bureau | $178 |
| Nationwide | $212 |
| Geico | $214 |
Even though your credit score isn't related to your ability to drive safely, having poor credit can raise the cost of car insurance for Iowans by 71%, on average. That's because insurance companies see drivers with bad credit as more likely to file a claim or be involved in an accident.
Cheapest car insurance for young drivers in Iowa: State Farm
State Farm has the cheapest car insurance quotes for 18-year-old drivers in Iowa.
Teen drivers can find minimum coverage from State Farm for just $48 per month, while full coverage costs $141 per month.
Company | Liability only | Full coverage |
|---|---|---|
| State Farm | $48 | $147 |
| Farm Bureau | $58 | $238 |
| Grinnell | $70 | $339 |
| Auto-Owners | $71 | $259 |
| Geico | $92 | $292 |
The average cost of minimum coverage car insurance in Iowa for young drivers is $101 per month. In Iowa, 18-year-old drivers pay $67 more per month for minimum liability insurance than 30-year-old drivers.
Young drivers can usually find the cheapest rates by sharing a policy with their parents.
Cheapest for young drivers with one speeding ticket: IMT Insurance
The cheapest insurance company for young drivers with a speeding ticket is State Farm. A minimum coverage policy from State Farm costs $54 per month — 55% cheaper than average.
Company | Monthly rate |
|---|---|
| State Farm | $54 |
| Grinnell | $70 |
| Farm Bureau | $71 |
| American Family | $113 |
| Geico | $115 |
Young drivers in Iowa are likely to see car insurance rates increase by 20% after a speeding ticket.
Cheapest for young drivers in IA with one accident: State Farm
Young drivers in Iowa can find affordable car insurance from State Farm after an accident. The company charges around $59 per month for minimum liability coverage, which is 56% less expensive than average.
Company | Monthly rate |
|---|---|
| State Farm | $59 |
| Grinnell | $70 |
| Farm Bureau | $94 |
| Auto-Owners | $99 |
| Geico | $146 |
Accidents have a big impact on the cost of car insurance for most people. However, young drivers see a smaller rate increase after an accident than older drivers. An 18-year-old driver can expect to pay 12% more for insurance after an at-fault accident, while rates for a 30-year-old driver go up by 44%, on average.
Cheapest car insurance in IA for married drivers: State Farm
State Farm has the best quotes for full coverage car insurance for married drivers at $54 per month, even though the company doesn't actually offer a discount for being married.
The average cost of full coverage car insurance for a married driver is $120 per month — $7 per month cheaper than an unmarried driver.
Company | Monthly rate per car |
|---|---|
| State Farm | $54 |
| Farm Bureau | $93 |
| Auto-Owners | $99 |
| American Family | $107 |
| Nationwide | $136 |
Best car insurance companies in Iowa
Farm Bureau has the best-rated customer service for drivers in Iowa.
Customers are generally satisfied with the service they receive, and it earned an overall rating of 4 1/2 out of 5 stars from ValuePenguin. Drivers in Iowa can also find dependable customer service from State Farm and Auto-Owners.
Company |
Editor's rating
|
J.D. Power
|
AM Best
|
|---|---|---|---|
| Farm Bureau | NR | A | |
| State Farm | 842 | A++ | |
| Auto-Owners | 837 | A++ | |
| Geico | 835 | A++ | |
| Nationwide | 815 | A+ |
The best car insurance companies aren't necessarily those with the cheapest rates. In addition to shopping for low prices, Iowa drivers should look for an insurer with a strong customer service reputation.
A company with excellent customer service can help make the claims process stress-free if you're in an accident. If you choose a company with poor customer service reviews, it may take longer for you to fix your car and get back on the road.
Auto insurance quotes in Iowa by city
University Heights is the cheapest city in Iowa for auto insurance, while Carter Lake is the most expensive.
The average cost of car insurance in Iowa for a full coverage policy is $127 per month. However, rates can vary by up to $46 per month, depending on where you live.
Drivers living in University Heights, an Iowa City suburb, pay an average of $110 per month for a full coverage policy. On the other hand, people in Carter Lake, just outside of Omaha, can expect to pay $156 per month for the same coverage.
City | Average monthly cost | Percent from average |
|---|---|---|
| Ackley | $120 | -6% |
| Ackworth | $133 | 4% |
| Adair | $140 | 10% |
| Adel | $124 | -3% |
| Afton | $138 | 8% |
Iowa car insurance laws
Iowa is one of the few states in the nation that doesn't require auto insurance. Drivers can either purchase a policy with a minimum amount of liability coverage or show proof of financial responsibility.
Drivers in Iowa who purchase car insurance need to get 20/40/25 of bodily injury liability and property damage liability coverage.
Coverage | Limit |
|---|---|
| Bodily injury liability | $20,000 per person/$40,000 per accident |
| Property damage liability | $15,000 per accident |
Alternatively, drivers can show proof of financial responsibility, which means you're agreeing to pay out of pocket for any damage you cause in an accident instead of buying an insurance policy.
There are a few ways to show proof of financial responsibility in Iowa:
- Bond insurance card: If you post a bond of at least $55,000 in value with Iowa's Department of Transportation, you will receive a bond insurance card that acts as proof of financial responsibility.
- Security insurance card: Similarly, you can file an endorsed certificate of deposit with the state treasurer to receive a security insurance card. This card indicates you've deposited at least $55,000 with an Iowa bank that can be used to meet your financial responsibilities if you're at fault in an accident.
Frequently asked questions
What is the cheapest car insurance in Iowa?
State Farm has the cheapest quotes in Iowa for most drivers. A minimum coverage policy from State Farm costs $14 per month, and full coverage costs $54 per month.
What is the average cost of car insurance in Iowa per month?
The average price of a minimum coverage car insurance policy in Iowa is $34 per month. Full coverage policies cost $127 per month, on average.
What are the requirements for car insurance in Iowa?
Iowa drivers are legally required to have at least $20,000 per person and $40,000 per accident of bodily injury liability coverage, plus $15,000 of property damage liability coverage, or show proof of financial responsibility.
Methodology
We collected thousands of rates from ZIP codes across Iowa for the largest insurers in the state. Our sample driver is a 30-year-old man who drives a 2015 Honda Civic EX with good credit and a clean driving record.
Unless otherwise noted, quotes are based on a full coverage policy with the following limits:
Coverage | Limit |
|---|---|
| Bodily injury liability | $50,000 per person/$100,000 per accident |
| Property damage | $25,000 per accident |
| Personal injury protection | $10,000 |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.