When shopping for car insurance in Iowa, understanding the average rates and factors that influence your premium can help you find the best policy at an affordable price. Iowa drivers generally enjoy lower-than-average car insurance costs compared to national rates. However, premiums vary depending on location, age, driving history, and credit score.
How Much Does Car Insurance Cost in Iowa?
The average cost of car insurance in Iowa is $334 per year for state-minimum coverage and $1,869 annually for full coverage. These rates are significantly lower than the national averages of $773 and $2,670, respectively. However, your final price depends on factors like your driving record, credit history, and where you live within the state.
Key Takeaways:
- Des Moines residents pay around $1,887 per year for full coverage, just 1% above the state average.
- 18-year-old male drivers pay the highest premiums, averaging $4,161 annually.
- Drivers with a DUI conviction see an 87% increase in full coverage rates compared to those with a clean record.
- Having excellent credit can lower your premium by 18% compared to those with good credit.
Car Insurance Rates in Iowa by City
Car insurance premiums fluctuate based on your location. Urban areas with heavier traffic and higher vehicle theft rates typically have higher insurance costs than rural areas.
| City | Avg. Monthly Full Coverage | Avg. Annual Full Coverage | Difference from State Avg. |
|---|---|---|---|
| Des Moines | $157 | $1,887 | +1% |
| Corydon | $171 | $2,055 | +9% |
| De Soto | $160 | $1,916 | +2% |
| Grand Junction | $158 | $1,890 | +1% |
| Hamilton | $163 | $1,961 | +5% |
Car Insurance Costs in Iowa by Age and Gender
Young drivers typically face the highest insurance costs due to their higher accident risk. However, premiums gradually decrease as drivers gain experience.
| Age | Avg. Annual Full Coverage | Avg. Annual Minimum Coverage |
| 16 | $3,653 | $780 |
| 18 | $5,173 | $1,047 |
| 20 | $3,954 | $752 |
| 25 | $2,422 | $411 |
| 30 | $1,982 | $334 |
How a Driving Record Affects Insurance Costs in Iowa
A clean driving history leads to lower rates, while traffic violations, accidents, and DUIs result in increased premiums.
| Violation | Avg. Annual Full Coverage Premium | % Increase from Clean Record |
| Clean Record | $1,857 | 0% |
| Speeding Ticket | $2,202 | +19% |
| At-Fault Accident | $2,382 | +28% |
| DUI Conviction | $3,394 | +83% |
How Credit Score Affects Car Insurance Rates in Iowa
Credit scores significantly impact car insurance rates in Iowa, with lower scores leading to higher premiums.
| Credit Tier | Avg. Annual Full Coverage Premium | % Difference from Avg. |
| Poor | $3,767 | +103% |
| Average | $2,101 | +13% |
| Good | $1,857 | 0% |
| Excellent | $1,530 | -18% |
Car Insurance Rates in Iowa by Vehicle Type
The type of vehicle you drive affects your insurance premium. More expensive cars or those with high accident rates typically cost more to insure.
| Vehicle | Avg. Annual Full Coverage Premium |
| Toyota Camry | $1,857 |
| Ford F-150 | $1,968 |
| Honda Odyssey | $1,710 |
| BMW 330i | $2,463 |
| Toyota Prius | $2,003 |
Ways to Save on Car Insurance in Iowa
Even though Iowa’s car insurance rates are lower than the national average, there are still several ways to save money:
- Take Advantage of Discounts – Many insurers offer discounts for bundling policies, driving safely, taking defensive driving courses, and opting for paperless billing.
- Maintain a Clean Driving Record – Avoiding accidents and traffic violations keeps your rates low.
- Increase Your Deductible – Opting for a higher deductible lowers your monthly premium, though you’ll need to pay more out-of-pocket if you file a claim.
- Improve Your Credit Score – A better credit score often leads to lower insurance premiums.
Frequently Asked Questions on Car Insurance in Iowa
How much is car insurance per month in Iowa?
On average, full coverage insurance costs about $156 per month, while minimum coverage is around $28 per month.
What is the best car insurance in Iowa?
The best insurer depends on your needs. If you have a clean record, consider companies offering telematics-based discounts. If you have a history of violations, look for insurers specializing in high-risk coverage.
What is the cheapest car insurance company in Iowa?
Geico and Pekin are often among the cheapest, but your best option depends on personal factors like driving history, location, and coverage needs.
What are the minimum car insurance requirements in Iowa?
Iowa law requires drivers to have at least:
- $20,000 bodily injury liability per person
- $40,000 bodily injury liability per accident
- $15,000 property damage liability While minimum coverage is the most affordable, it may not provide enough financial protection. If you have a loan or lease, full coverage is usually required.
Final Thoughts on Car Insurance in Iowa
Car insurance in Iowa is more affordable than in many states, but rates vary depending on multiple factors. By comparing quotes, improving your credit, and maintaining a clean driving record, you can secure the best possible premium. Whether you need minimum coverage or full protection, understanding these factors will help you make an informed decision.
If you’re ready to compare car insurance options, get personalized quotes today and start saving!
Want to know more about other insurances, Read our latest articles.
