Iowa Auto Insurance with Bad Credit

The Zebra
March 12, 2019

Car insurance can be expensive if you have bad credit. Car insurers rely on credit tier as a major rating factor, setting policy prices based partially on drivers’ credit histories. Because car insurance companies rely on data showing drivers with poor credit are more likely to file car insurance claims, they account for for that added risk by charging more expensive rates.

Your car insurance costs with a low credit score depends on which company you choose, where you live, and other rating factors. We've gathered below typical insurance premiums for drivers with bad credit in major Iowa cities, along with rates from popular car insurance companies, plus a few tips to save on auto insurance if you have a bad credit score in Iowa.


Car insurance with bad credit in Iowa:

  1. Average premiums
  2. Rates by city
  3. Costs by carrier

Auto insurance rates with bad credit in Iowa

Iowa drivers pay an average penalty of $874 per year for having a "worst"-tier credit score. Drivers in the "poor" or "below fair to poor" credit tiers will also face more costly-than-average auto insurance rates.


IOWA AUTO INSURANCE RATES WITH BAD CREDIT

Credit TierAverage Annual Rate in Iowa
Worst$1,889
Poor$1,636
Below Fair to Poor$1,529
Average — All Credit Tiers$1,015

Compare car insurance rates today!

Compare rates from top car insurance companies.

Location pin icon
Your information is secure.

Car insurance rates with a bad credit score in Iowa cities

Your auto insurance rates can also fluctuate based on the precise area in which you drive. Car insurance companies rely on your address to estimate how likely you are to file an insurance claim: the more claim-prone your area,, the more you'll pay for insurance.

Listed below are major Iowa cities and their typical car insurance costs for drivers with poor credit ratings.


BAD CREDIT CAR INSURANCE RATES IN IOWA CITIES

CityAverage Annual Rate — Worst CreditAverage Annual Rate — Poor CreditAverage Annual Rate — Below Fair to Poor Credit
Des Moines$1,919$1,670$1,562
Cedar Rapids$1,774$1,548$1,448
Davenport$1,935$1,689$1,580
Sioux City$1,975$1,714$1,604
Waterloo$1,912$1,663$1,555

Shop now!

Compare rates from top car insurance companies.

Location pin icon
Your information is secure.

Best auto insurance companies for bad credit in Iowa

Another factor contributing to how much you pay for auto insurance is the company you buy from. Every auto insurance company rates its policies differently, giving rating factors varying weights in their pricing calculations. Credit can be a primary price differentiator between insurance companies. In Iowa, the most affordable major insurance company with bad credit is GEICO, which offers a discount of $236 annually over the second-cheapest company, Grinnell Select Auto Insurance.

See prices from leading auto insurance companies in Iowa for drivers with bad credit.


IOWA CAR INSURANCE RATES WITH BAD CREDIT — BY COMPANY

CompanyAverage Annual Rate — Worst Credit
GEICO$1,164
Grinnell Select Auto Insurance$1,400
Nationwide$1,469
Farm Bureau$1,477
American Family$1,698

If you're dealing with the difficulty of buying car insurance with a bad credit history, remember these tips:

  1. See auto insurance quotes
  2. Be smart with your claims
  3. Know what determines auto insurance rates

Compare rates from top car insurance companies.

Location pin icon
Your information is secure.