Auto Insurance Rates in Iowa

It must be good to live here with the cheapest car insurance rates in the US, one of the lowest living costs and fewer uninsured drivers, too. It is no surprise that it has one of the highest auto ownership figures of one car per person (1000 cars per capita). Overall, it has pleasant and relatively safe roads and 2.2 million licensed Iowan drivers haven’t got much to complain about. In terms of household income, the Hawkeye State is right in the middle and close to the US average. So, they are neither rich nor poor.

It is bordered by the Mississippi River on the east and the Missouri River and the Big Sioux River on the west. This Midwestern state is the only one in the U.S. where eastern and western borders are formed entirely by rivers. It is the 26th most extensive land area and 30th most populous. It has been listed as one of the safest states in which to live. This is a great accolade to have and residents must be very pleased with it. You can hardly ask anything better than that.

Automobile Insurance Requirements

Collection of Pictures from IowaHere are the minimum liability limits required by the authorities;

  • $20,000 for bodily injury or death per person.
  • $40,000 total for bodily injury or death per accident.
  • $15,000 for property damage.

Iowa laws don’t have a grace period for vehicle insurance payments. Therefore policyholders should make sure that they don’t miss an installment if they want to keep their coverage.

Two drivers who are involved in a car crash can both be found partially at fault according to modified comparative negligence law in Iowa. If you are deemed to be 51% or more at fault you cannot make a claim on the other driver or his/her carrier.

If you get caught driving without coverage you may get a $250 fine, your vehicle can be impounded and its plates confiscated. Obviously you now have to go and pay the premium so that you can rescue your car from the impound with a proof. Also there must be fees to be settled before they can release it.

You should look into getting full coverage as well if you don’t already have it. If you want to explore all the options you should first work out what type of a policy you need. This will help you in the search. Once you know what you want it is easier to find it. In addition, you will not be influenced into buying something you don’t need and you won’t end up with inferior car insurance coverage. After going through this process you may appreciate its purpose and usefulness more.

Perhaps you should start with getting a few online quotes at your leisure, find out about some of the terminology and find answers to questions you may have. This way you would learn a few new things and have intricate knowledge. If you leave everything to a broker you will be dependent on him/her in many ways. They should be there to help and advise you but not to make a decision instead of you.

You may be scared to tackle these issues and start reading your policy. You may feel that insurance is a foreign subject to you. However, you will soon get the hang of it and are up for the challenge. It is a good feeling to find great coverage for yourself while you are still saving money. This may sound too optimistic but many people manage to find much better options at lower prices when they shop around.

When you receive the renewal notice next time you should make sure that you are getting a good deal this time. It would be reassuring if the current carrier is in the mix with the other competitive ones at the end of the search. If not, you have a decision to make. You can either switch or talk to them again and see if they can improve the cost. Never hesitate to get chatty and ask a few questions when you get the agent on the phone.

Car Insurance Prices in Iowa

It is known for its rolling plains and cornfields and neither of them worries underwriters enough to charge high premiums. The 3.1 million population is well spread across lovely countryside that creates perfect conditions for enjoying the view while traveling through. What could possibly go wrong?

Average cost of auto insurance in Iowa is $572 and it is the second most economical state. Average premium expenditure per vehicle is $269 less than the US. You can also get cheap full coverage vehicle insurance here as the estimated cost is $989 and it is 25% lower than the national average.

Most motorists would be happy if they can buy a full coverage policy with decent Liability, Collision, Comprehensive and Uninsured Motorist coverage under $1,000. However, you can even get it cheaper than that in a state with low rates. You can also spend three times more if you don’t shop around and stay loyal to an expensive carrier. It would be a real shame to live in Des Moines and have a pricey policy as if you are in Detroit, the most expensive city for automobile insurance.

Do you feel you are not getting a good deal and asking why is my premium so high? There could be several reasons for it. Sometimes, the reason may be obvious like several speeding tickets or a recent at fault accident. However, it may be for a reason that has nothing to do with driving like bad credit history. You’d better read the post and get to the bottom of it. You don’t have to put up with it, especially after finding out that premiums are low in your state.

Cheap Auto Insurers in Iowa

You can have a long and clean record, own a safe car, have a great credit history and still pay a lot more than an average driver who always shops for the best deals and compares quotes. If you haven’t checked for alternative offers for a while you are likely to save as much as $500 on the premium and below most affordable companies can help.

  1. Partners Mutual, $419
  2. IMT Insurance, $439
  3. Western National, $633

Rates are not far off from each other and the median in most cities here. The exceptions are Sioux City, Council Bluffs and Maquoketa where prices are about 20% higher. Iowa city has the cheapest and Des Moines rates are close to the state average. That means companies are equally happy about the risks and offer good deals across. This is a very rare thing and in some places prices can double once you move only a couple of miles away.