What's the Average Cost of Auto Insurance in Iowa?
Auto insurance policies are affordable in Iowa. The average auto insurance premium in Iowa is $1,015 annually — 28.9% less than the national average.
Your auto insurance prices are impacted by factors aside from your location. Auto insurance premiums incorporate myriad factors, such as one's marital status, driving history, credit rating, gender, and age.
We analyzed typical Iowa auto insurance rates by all of the main rating factors. Read on to see how much auto insurance costs in your state — or enter your zip code to see personalized quotes from top insurers.
It's impossible to avoid: as you grow older, your car insurance expenditures shift. Generally speaking, auto insurance is more expensive for young drivers, as car insurance companies see newer drivers as more risky.
In Iowa, auto insurance runs $4,072 each year for a 16-year-old driver, but only $850 annually for a driver in their 50s.
|Age||Average Annual Rate|
If you're shopping for car insurance for a teen driver, Iowa is the 3rd cheapest state in which to buy auto insurance for a 16-year-old.
While gender doesn’t make as sizable an impact on auto insurance prices as a driver's location or age, it is used as a rating factor by auto insurance companies.
|Gender||Average Yearly Rate|
If you're concerned you aren't getting the best possible value for your money with your present car insurer, the best thing to do is to shop around.
One pro of marriage — aside from the honeymoon — is the improved deal you tend to receive on insurance. In Iowa, married drivers save $63 per year on car insurance policies. This is less than the national post-nuptial discount of $76.
|Marital Status||Average Annual Rate|
Car insurance for divorced drivers in Iowa is the 48th most expensive in the . If you're overpaying for your car insurance policy, shop around. You never know what savings you'll find!
Auto insurance companies reference credit as a prediction of the reliability of a prospective client. Historical trends demonstrate drivers with excellent credit are usually more dependable auto insurance clients: they're less likely to file claims covered by insurance companies.
In Iowa, a car insurance client who carries exceptional credit saves $803.50 each year in car insurance premiums, contrasted with a driver with a less-favorable credit rating. Read more about how credit history affects auto insurance rates:
|Credit Quality||Average Annual Rate|
|Very Poor (300-579)||$1,718.81|
|Very Good (740-799)||$1,055.57|
Finding inexpensive auto insurance with poor credit is difficult. But The Zebra is here to provide some help. Review our guide to finding auto insurance with bad credit and start saving!
If you’re found at fault in a driving incident or found guilty of a driving violation, your car insurance premiums are bound to rise. The more violations you accumulate, the more expensive your auto insurance gets.
In Iowa, your first minor at-fault crash will lead to an extra $566.05 each year in auto insurance premiums. A DUI — one of the most grave driving infractions — could raise your insurance rates in Iowa by as much as $722.20.
|Age||Average Yearly Premium|
|At-Fault Accident (<$1,000)||$1,580.69|
|At-Fault Accident ($1,000-$2,000)||$1,605.20|
|At-Fault Accident (>$2,000)||$1,580.69|
|Speeding (21-25 MPH > limit)||$1,371.89|
|Speeding (16-20 MPH > limit)||$1,371.89|
If you're saddled with high car insurance costs, think about weighing rates to discover inexpensive insurance coverage that suits you.
The amount you pay every month for auto insurance depends on how much coverage you elect to carry. A liability-only policy usually costs less, while low-deductible comprehensive coverage usually costs more. In Iowa, the price difference between state-minimum liability-only coverage and full coverage with a $500 deductible is $729.
|Coverage Level||Average Yearly Rate|
|$100K/$300K/$100K Bodily Injury/Property Damage — Liability Only||$388|
|$100K/$300K/$100K Bodily Injury/Property Damage — $1,000 Comprehensive/Collision||$917|
|$100K/$300K/$100K Bodily Injury/Property Damage — $500 Comprehensive/Collision||$1,084|
|$50K/$100K/$50K Bodily Injury/Property Damage — Liability Only||$352|
|$50K/$100K/$50K Bodily Injury/Property Damage — $1,000 Comprehensive/Collision||$889|
|$50K/$100K/$50K Bodily Injury/Property Damage — $500 Comprehensive/Collision||$1,059|
|State Minimum — Liability Only||$313|
|State Minimum — $1,000 Comprehensive/Collision||$867|
|State Minimum — $500 Comprehensive/Collision||$1,042|
If your policy is more costly than the state average, think about getting quotes to find affordable coverage that fits your needs.