Average Iowa Car Insurance Costs
- State Minimum Liability car insurance in Iowa on average costs $45 a month or $542 a year. Full Coverage policies cost around $201 a month or $2,417 a year.
InsuranceQuotes cost rates are pulled from our real-time car insurance cost database from recent quotes in Iowa – Rates shown are based on a used car driver who is single, middle aged & has a clean driving record. Read on to learn about the cheapest local rates filtered by insurance providers, new cars, vehicle types and age.
Cheapest Car Insurance Providers in Iowa
- The cheapest auto insurance providers on average in Iowa are State Farm, Wadena Insurance and Progressive. State minimum liability starts at $34 a month or $410 a year. Full coverage car insurance starts at $137 a month or $1,646 a year with State Farm according to our cost database.
Here is a breakdown of average costs from the cheapest local insurance providers in Iowa from our data set of used-car drivers who are single, middle aged and have a clean driving record.
| Insurance Provider: | State Minimum: | Monthly: | Full Coverage: | Monthly: |
|---|---|---|---|---|
| State Farm: | $410 | $34 | $1,646 | $137 |
| Wadena Insurance: | $418 | $35 | $1,876 | $156 |
| Progressive: | $496 | $41 | $2,448 | $204 |
| Farm Bureau: | $581 | $48 | $2,596 | $216 |
| Grinnell Mutual: | $607 | $51 | $3,345 | $279 |
Car Insurance Rates for Popular IA Cities:
Click Here for List of Iowa City Cost Guides:
| Iowa City: | State Minimum | SM Monthly | Full Coverage | FC Monthly |
|---|---|---|---|---|
| Ames | $402 | $33 | $2,066 | $172 |
| Ankeny | $449 | $37 | $2,045 | $170 |
| Cedar Falls | $427 | $36 | $2,274 | $189 |
| Cedar Rapids | $498 | $41 | $2,371 | $198 |
| Council Bluffs | $541 | $45 | $2,957 | $246 |
| Davenport | $556 | $46 | $2,463 | $205 |
| Des Moines | $542 | $45 | $2,417 | $201 |
| Dubuque | $474 | $39 | $2,341 | $195 |
| Iowa City | $417 | $35 | $2,042 | $170 |
| Marion | $483 | $40 | $2,274 | $189 |
| Sioux City | $509 | $42 | $2,664 | $222 |
| Urbandale | $485 | $40 | $2,143 | $179 |
| Waterloo | $467 | $39 | $2,442 | $203 |
Average Cost for Car Insurance in Iowa by County
Below you can find a break down of how much your car insurance should cost you in Iowa, we did the research to find the average cost of auto insurance rates based off of minimum state liability coverage by county in IA for the average driver based off of your vehicle type below:
| Costs by County: | Sedan: | SUV: | Coupe: | Truck: | Hybrid: |
|---|---|---|---|---|---|
| Adair | $884 | $728 | $802 | $919 | $972 |
| Adams | $884 | $728 | $802 | $919 | $972 |
| Allamakee | $875 | $721 | $792 | $911 | $963 |
| Appanoose | $884 | $728 | $802 | $919 | $972 |
| Audubon | $884 | $728 | $802 | $919 | $972 |
| Benton | $871 | $718 | $790 | $751 | $886 |
| Black Hawk | $836 | $698 | $782 | $853 | $903 |
| Boone | $867 | $715 | $791 | $751 | $886 |
| Bremer | $860 | $709 | $780 | $823 | $943 |
| Buchanan | $838 | $689 | $759 | $791 | $922 |
Financial Responsibility vs. Iowa Auto Insurance
Iowa is serious about drivers being able to pay for damages they may cause. As a licensed Iowa driver, you need to provide proof of financial responsibility in one of two ways: the financial ability to pay out of pocket, or have insurance.
Surety Bonding in Iowa
You may file a surety bond with the Office of Driver Services for $55,000. The state holds the money to pay for damages resulting from an accident that you cause. Since many people do not have that amount of money available to sit in the state’s vault, most opt to purchase the minimum required coverage.
Minimum Car Insurance Requirements in Iowa
Iowa has minimum requirements for automobile coverage. The least expensive requirement is Minimum Liability Coverage. Coverage is available for bodily injury, property damage liability, and options for when the other driver is uninsured. These coverage options include:
- $20,000 for bodily injury liability for one person
- $40,000 for bodily injury liability for more than one person
- $15,000 for property damage liability
Some insurance companies offer added coverage for towing, roadside service, and vehicle rental while your car is under repair.
Moving to Iowa: Important Information
If you are moving to Iowa and do not already have a valid driver’s license from another state, in order to obtain an Iowa driver’s license, you must provide proof of residency to the Department of Transportation (DOT). This proof may be any of the following:
- Valid voter registration card
- You have children enrolled in public school
- Proof of permanent employment in the state
- Continuous residency in Iowa for 30 days
If you are moving to Iowa and you have a valid out-of-state license, in order to obtain a valid Iowa driver’s license, you must meet a few requirements.
1. You must take the required driving tests. If your out-of-state license is valid, you may be exempt from taking the written or road test.
2. You must forfeit your out-of-state license to the Iowa DOT.
3. You must meet all Iowa vehicle registration, title, and highway use tax requirements.
Even though tests may not be needed, it’s still a good idea to read the state driver’s manual carefully. Doing this will refresh your memory of basic driving practices, and help you learn about driving laws that are specific to Iowa.
Understanding Driving Laws in Iowa
Iowa driving laws are much like those of other states. The best way to learn the state’s laws is to visit the Iowa Department of Transportation (DOT) website and open the PDF version of the Driver’s Manual (link provided above). This book provides all the information needed to pass the knowledge portion of the exam.
Iowa has similar seat belt and cell phone laws as other states, but it pays to study these requirements before moving to the state and risking a costly violation.
Frequently Asked Questions
Given the rules pertaining to financial responsibility, many new drivers to the state have questions about what is required and what they need to do.
No, as long as the owner has the vehicle insured and the driver is properly licensed.
Iowa allows drivers to pay a surety bond to cover any driver caused damages.
If you are uninsured and do not have a surety bond, you will be held financially responsible for damages you cause to both people and property. This often results in a costly lawsuit against you.
- About the Author
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Michael Giusti is a senior insurance analyst, business journalist, and university professor with over 20 years of experience. He serves as department chair at Loyola University New Orleans and contributes to Insurance Thought Leadership, U.S. News, and other leading financial outlets.
