Who Has the Cheapest Homeowners Insurance Quotes in Iowa?

We looked at insurance premiums for a benchmark property across 159 cities in Iowa, to bring greater transparency to the cost of owning a home in the state. We found the average yearly cost of home insurance in Iowa to be $1,284. Read more below, or enter your zip code into our quote tool above to find homeowners insurance rates in your city.

Cheapest Homeowners Insurance Companies in Iowa

Our research found that the company that provided the cheapest homeowners insurance in Iowa was Nationwide, with an average annual rate of $977 for our sample property of 2,000 square feet. According to our study, homeowners with Nationwide Insurance pay on average 24% less than the state average. The following table lists the mean annual insurance premiums for Nationwide, Farmers, Allstate, and State Farm, which are ranked from cheapest to most expensive:

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Find the Cheapest Homeowners Insurance Quotes in Your Area

Homeowners Insurance Rates in Iowa’s Largest Cities

The average cost to insure our benchmark home across the ten biggest cities in Iowa was $1,122. We examined the average home insurance rates for Iowa’s ten largest cities using quotes for our $200,000 sample house. In general, these were some of the cheapest cities in the state for homeowners insurance, with all but one of these cities having an average annual homeowners insurance cost below the state average.

Des Moines, IA

Des Moines is the largest city in Iowa as well as the state capital. It is situated at the junction of the Des Moines River and the Raccoon River. Early settler James Allen originally wanted to name the settlement, that would become the city of Des Moines, Fort Raccoon. However, he was instructed by the U.S. War Department to name it after the Des Moines River instead. Des Moines had one of the lowest average homeowners rates in Iowa, with an average quote of $1,030 per year to insure our benchmark home.

There was a $1,044 difference between the least and most expensive rates we collected for Des Moines, the cheapest being Nationwide’s quote of $503 per year and the most expensive being State Farm’s quote of $1,547 per year.

”Cheapest

Cedar Rapids, IA

The city of Cedar Rapids is known as one on the world's leading cities for corn processing. It is located along the banks of the Cedar River, which is prone to flooding. Damages from major flooding in 2008 and 2016 have caused millions of dollars in damages to the city’s downtown area. Despite this, the mean cost of home insurance was below the state mean, with an average rate of $1,141 to insure our benchmark home for one year.

The insurer that offered us the lowest quote in Cedar Rapids was Nationwide, with a rate of $892 to insure our $200,000 home for one year. The most expensive quote we received for this area was $1,441 from State Farm.

”Best

Davenport, IA

Davenport is the largest of the the four principal cities that make up the Quad Cities Metropolitan Area, the others being Bettendorf, Rock Island, and Moline. It is located along the banks of the mighty Mississippi River, and was originally the home to the Sauk and Fox Native American tribes. Despite the flood risk that comes with being in close proximity to the Mississippi River, Davenport had the lowest average insurance cost across the quotes we gathered for our benchmark property at $982 per year.

The cheapest insurer in Davenport was Nationwide with an annual cost of $481. The most expensive insurer was State Farm, with an annual cost more than three times the price of Nationwide's at $1,510 per year.

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Sioux City, IA

Sioux City is located along the banks of the Missouri River, of which it is considered the navigational head. The Sioux City Metropolitan Area extends into both Nebraska and South Dakota, with the with the largest percentage of the population living in Iowa. Home insurance costs, based on the quotes we gathered for our study, were slightly above the state average at $1,204 per year in Sioux City.

Of the quotes we recieved to insure our sample home in Sioux City, Nationwide’s was the cheapest, at $860 per year. The most expensive home insurer was State Farm, which provided us with a quote of $1,592 per year.

”Least

Waterloo, IA

Waterloo is the fifth largest city in Iowa and is part of the Cedar Fall Metropolitan Statistical Area. It is home to the John Deere Tractor and Engine Museum, which is located at the first ever John Deere Tractor factory in downtown Waterloo. The average quote to insure our sample home in Waterloo for one year across the major insurers which we sampled, was $1,098. This was $185 less than the Iowa average.

The cheapest and most expensive home insurance quotes we collected for Waterloo were $751 and $1,555, from Nationwide and State Farm respectively.

”Best

Iowa City, IA

Home to the University of Iowa, the oldest university in the state, Iowa City is located along the banks of the Iowa River. It is known for electing Emma Harvat as its mayor in 1923, the first female mayor elected in a U.S. city with a population of over 10,000. According to our research, Iowa City residents enjoy an average annual home insurance cost $161 less than the state average.

The cost to insure our sample home for one year in Iowa City with Nationwide was $751. This was the lowest quote we received for the area. State Farm provided us with the most expensive home insurance quote for Iowa City, at $1,555 per year.

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Council Bluffs, IA

Located on the east bank of the Missouri River, Council Bluffs is the seventh largest city in Iowa and is part of the Omaha-Council Bluffs Metropolitan Area. The city name is based off a meeting that took place between the Lewis and Clark expedition and the Otoe tribe at the same location in 1804. The average cost to insure our sample home in Council Bluffs was $1,367, which was $83 more than the state average.

Based on the quotes we collected for Council Bluffs, the cheapest home insurer was Nationwide and the most expensive home insurer was Allstate. Nationwide’s insurance quote for our sample home was $914 and Allstate’s was $1,663.

”Best

Dubuque, IA

Named after 18th century French Canadian settler Julien Dubuque, Dubuque is located near the Iowa-Illinois-Wisconsin border along the banks of the Mississippi River. Deere and Company, the maker of John Deere tractors, is the city’s largest employer with an estimated workforce of 2,500 at their Dubuque Works plant. On average, homeowners in Dubuque pay $1,042 for home insurance, $242 less than the state mean.

The most affordable home insurance rate in the city was $757 per year, offered by Nationwide. The most expensive quote, of $1,585 per year, was from State Farm.

”Cheapest

Ames, IA

Ames was founded as a railroad stop along the First Transcontinental Railroad in the mid-1800s. It is now known as the home to Iowa State University, the largest university in Iowa with over 30,000 undergraduate students. The average cost of home insurance for our sample home was $1,130 per year in Ames. This was $154 below the annual state average.

Allstate and Nationwide provided quotes less than $1,000 to insure our sample home for one year, while State Farm quoted $1,604 per year for a comparable policy.

”Best

West Des Moines, IA

The second largest city in the Des Moines Metropolitan Area, West Des Moines is primarily located to the west of the Des Moines River and north of the Raccoon River. Wells Fargo is the city’s top employer with over 6,000 employees. On average, the annual cost of homeowners insurance for our sample home in West Des Moines was $1,105.

Nationwide was the most affordable insurer providing a quote of $738. State Farm’s home insurance quote of $1,515 was the most expensive in West Des Moines.

”Best

Least Expensive Home Insurance In Iowa: by City

Below is a graph showing the five cheapest cities in Iowa for home insurance that were included in our study. The quotes we collected from these cities were on average 20% lower than the state mean of $1,284. The cities are listed in ascending order based on their average home insurance cost.

”Least

Davenport, IA

As mentioned previously, Davenport had the lowest average homeowners insurance costs in the state based on our study. The city average of $982 was 23% below the average for the state of Iowa.

Des Moines, IA

The centrally located Iowa state capitol of Des Moines had some of the lowest home insurance costs in the state. The average annual price for home insurance was $1,030.

Eldridge, IA

Located in the suburbs of the Quad Cities, Eldridge enjoys convenient access to downtown Davenport and the Mississippi River. The average cost of homeowners insurance, based on the quotes that were included in our study, was $1,034. This was almost $250 below the state average.

Dubuque, IA

Dubuque is located along the eastern edge of the state. The cost of homeowners insurance in this city were well below the state average. The average home insurance cost based on the quotes we gathered in Dubuque was $1,042.

Clinton, IA

Clinton—named after sixth governor of New York, DeWitt Clinton—is located on the west bank of the Mississippi River. It is the fifth most affordable city in the state for homeowners insurance. The average annual home insurance policy cost $1,043 in Clinton.

Top 5 Most Expensive Cities for Home Insurance in Iowa

The places with the most expensive homeowners insurance in Iowa can be found all throughout the state and share no geographic commonality. They all had populations of less than 6,000 residents, being among Iowa’s least populous cities. The home insurance rates we gathered for these cities averaged $1,742 annually.

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Methodology

Our study focused on 159 cities throughout Iowa. The sample home we looked at was built in the year 2000 and had 2,000 square feet. The property cost $200,000 and had 1.5 baths and an attached garage. We gathered quotes for this home from State Farm, Allstate, Nationwide and Farmers. We then took the average across all quotes for each city. An alphabetical list of all the cities included in the comparison analysis is included below.

Rank

CityAverage Insurance RateCost Compared to State Average
74Ackley$1,259-2%
42Adel1,177-8%
99Akron1,3152%
38Albia1,167-9%
92Algona1,2900%
33Allison1,164-9%
21Altoona1,117-13%
23Ames1,130-12%
12Anamosa1,090-15%
151Atlantic1,53520%
143Audubon1,45213%
150Bedford1,53319%
83Belle Plaine1,277-1%
15Bellevue1,099-14%
66Belmond1,232-4%
7Bettendorf1,047-18%
43Bloomfield1,180-8%
91Boone1,2890%
90Britt1,2890%
132Buffalo Center1,4049%
81Burlington1,276-1%
36Calmar1,165-9%
124Carroll1,3787%
59Cascade1,223-5%
30Cedar Falls1,156-10%
28Cedar Rapids1,141-11%
24Centerville1,133-12%
85Chariton1,2780%
52Charles City1,207-6%
70Cherokee1,244-3%
147Clarinda1,50617%
101Clarion1,3213%
100Clear Lake1,3183%
5Clinton1,043-19%
35Columbus Junction1,164-9%
113Conrad1,3606%
133Corning1,40710%
159Corydon1,97454%
117Council Bluffs1,3676%
51Cresco1,206-6%
120Creston1,3707%
125Danbury1,3818%
1Davenport982-23%
9De Witt1,071-17%
29Decorah1,153-10%
75Denison1,263-2%
46Denver1,196-7%
2Des Moines1,030-20%
116Diagonal1,3666%
4Dubuque1,042-19%
45Dyersville1,194-7%
77Dysart1,266-1%
87Eagle Grove1,2870%
3Eldridge1,034-19%
106Elgin1,3394%
78Elkader1,270-1%
157Emmetsburg1,70633%
79Estherville1,272-1%
26Fairfield1,140-11%
68Fayette1,241-3%
102Forest City1,3273%
67Fort Dodge1,238-4%
109Fort Madison1,3435%
82Gladbrook1,276-1%
139Glenwood1,42611%
152Greenfield1,53520%
93Grinnell1,2971%
128Grundy Center1,3979%
156Guthrie Center1,69232%
63Guttenberg1,228-4%
149Hamburg1,53019%
142Hampton1,44613%
136Harlan1,41210%
17Hudson1,100-14%
89Hull1,2870%
153Humboldt1,54320%
141Ida Grove1,43812%
111Independence1,3505%
31Indianola1,161-10%
98Inwood1,3112%
22Iowa City1,122-13%
110Iowa Falls1,3495%
73Jesup1,259-2%
61Kalona1,225-5%
94Kanawha1,2991%
105Keokuk1,3384%
11Keota1,086-15%
118Knoxville1,3677%
13La Porte City1,090-15%
154Lake City1,58724%
126Lake Mills1,3838%
62Le Mars1,227-4%
155Logan1,59824%
48Manchester1,205-6%
123Manson1,3767%
135Mapleton1,41210%
40Maquoketa1,168-9%
10Marion1,082-16%
8Marshalltown1,047-18%
50Mason City1,206-6%
80McGregor1,275-1%
114Mediapolis1,3606%
146Missouri Valley1,49116%
69Monroe1,243-3%
25Monticello1,133-12%
97Mount Ayr1,3092%
71Mount Vernon1,253-2%
129Moville1,4019%
86Mt Pleasant1,2860%
34Muscatine1,164-9%
64Nashua1,229-4%
121Nevada1,3727%
131New Hampton1,4029%
16New Sharon1,099-14%
56Newton1,218-5%
27North Liberty1,141-11%
137Northwood1,41310%
140Odebolt1,43812%
138Oelwein1,41610%
148Ogden1,51318%
60Orange City1,224-5%
54Osage1,217-5%
145Osceola1,49016%
6Oskaloosa1,046-19%
53Ossian1,209-6%
20Ottumwa1,113-13%
57Pella1,220-5%
144Perry1,47014%
119Red Oak1,3697%
58Reinbeck1,220-5%
103Rock Rapids1,3304%
127Rockwell1,3888%
112Sheffield1,3525%
76Sheldon1,264-2%
158Shenandoah1,73835%
49Sigourney1,206-6%
47Sioux City1,204-6%
84Slater1,277-1%
96Solon1,3052%
104Spencer1,3354%
108Spirit Lake1,3404%
88State Center1,2870%
41Storm Lake1,175-8%
44Tama1,193-7%
95Tipton1,3032%
107Toledo1,3394%
65Traer1,230-4%
134Vinton1,41110%
39Washington1,167-9%
14Waterloo1,098-14%
37Waukon1,167-9%
115Waverly1,3626%
130Webster City1,4029%
32West Branch1,163-9%
18West Des Moines1,105-14%
122West Liberty1,3727%
55West Union1,218-5%
19Williamsburg1,110-14%
72Winterset1,254-2%

Sources:

Iowa Census Data

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