Average Car Insurance Cost in Iowa (2022 Rates)

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If you are looking for auto insurance in Iowa, knowing how much it will cost is a promising idea. The average premium for car insurance in Iowa is $1,321 per year or $110 per month. While the national average is $1,682. There is a difference of $361 less between the national average and the state average.

If you live here, you know that already. But do you know why? There are a range of factors that affect car insurance rates. A few of them are –age group, gender, driving history, credit score, and location where you live.

Apart from the factors which affect auto insurance rates, this guide also talks about the average rate of full coverage in state, companies offering cheap monthly premiums for car insurance, average car insurance rates by cities in Iowa, and car insurance rates by age group.

Shop around and compare quotes to save money on your auto insurance. Keep reading the guide to make sure the insurance policy does not cost you more than your requirements.

Summary of average car insurance cost in Iowa
Average annual cost $1,321	Average per month cost $110	Average cost for state minimum coverage $263 / Year
Cheapest car insurance company Nationwide ($881/ Year)	Average cost for young drivers $1,994 / Year	Average cost for Senior drivers $1,196 / Year

Key Takeaways

The average car insurance cost in Iowa is $1,321 per year, based on Insure.com’s analysis.
In Iowa, the average premium for car insurance is $110 per month.
Nationwide has the cheapest car insurance rates in Iowa, at an average annual rate of $881 a year.

Average car insurance cost in Iowa per month

In Iowa, the average premium for car insurance is $110 per month.

The price for the same coverage may differ between companies, which is true of every auto insurance company. When looking for car insurance rates in Iowa, it is a promising idea to get quotes from many firms.

As per the rate analysis conducted by Insure.com, the company which offers cheapest car insurance premiums in Iowa is Nationwide. The average annual cost is $881 while the average cost per month is $73. The second-best option available is, Travelers, offering insurance at an average per month cost of $91.

The table below lists the other available car insurance companies which offer car insurance in Iowa, along with their average cost per month and average annual cost.

Company name	Average per month cost	Average annual cost
Nationwide	$73	$881
Travelers	$91	$1,088
State Farm	$92	$1,110
Geico	$96	$1,147
USAA	$96	$1,148
Auto-Owners	$106	$1,270
Farmers Insurance	$119	$1,423
American Family	$124	$1,487
Allstate	$126	$1,512
Progressive	$179	$2,149

Read our guide to best car insurance companies of 2022

Average cost of car insurance by coverage levels in Iowa

The amount of coverage you purchase has an impact on how much car insurance costs in Iowa. Your premium is determined by your liability limits, as well as whether you want comprehensive and collision coverage.

Liability only insurance protects a third party’s property damage and personal injuries in the event of an accident. In the case of a collision, having only liability coverage on your auto insurance would not cover your injuries or personal property damage since you are the driver responsible for the accident. If your coverage limit is 50/100/50 Liability only, the average cost per year in Iowa is $318.

When you add more coverage to your policy, your insurance premium increases. As the insurance provider will have to compensate you if you are in an accident or suffer damage in any other manner. Hence, the average cost of full coverage car insurance in Iowa is $1,321 per year.

For someone who does not own the car, but frequently rents a car, non-owner state minimum liability coverage is best suited. It is like liability-only coverage and covers for property damage and bodily injury caused to another driver. In Iowa, the average annual cost for non-owner state minimum liability only is $193.

And for those who wish to save money on car insurance premiums can opt to have only the state minimum liability coverage, to be able to legally drive in the state. The state minimum liability only coverage costs $263 per year in Iowa.

Coverage limits	Average annual cost
50/100/50 Liability Only	$318
100/300/100 Liability with $500 Comp/Coll Deductible	$1,321
Non-Owner State Minimum Liability Only	$193
State Minimum Liability Only	$263

Average car insurance cost in Iowa by City

Your car insurance premium is determined by a variety of factors, including your state, city, and even ZIP code. The incidence of accidents and the likeliness of vehicle theft or vandalism can influence the overall cost of a city or ZIP code.

The table below depicts the top popular cities in Iowa:

City	Average annual cost
Des Moines	$1,250
Cedar Rapids	$1,220
Davenport	$1,248
Sioux City	$1,343
Iowa City	$1,140
West Des Moines	$1,141
Ankeny	$1,132
Waterloo	$1,281
Ames	$1,153
Council Bluffs	$1,564

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Car insurance rates in Iowa by city

Average car insurance cost in Iowa by age of the driver

Age is also a consideration when it comes to auto insurance rates. Teens are more likely to be in automobile accidents than any other generation. For example, the average annual rate for young drivers in Iowa is $1,994 while for seniors is $1,196. Here, the rate for young drivers is $798 more than the rate for senior drivers.

According to statistics, young drivers are more likely to be in a vehicle accident than more experienced drivers. As a result, they are deemed high-risk and costly to insure. They are considered a high-risk driver because of over-speeding and less driving experience on road. Although, premiums start to rise again about age 70 when some aspects of aging start affecting driving abilities.

Average car insurance cost in Iowa for young drivers

The average car insurance cost for female young drivers in Iowa is $1,898 per year or $158 per month and rate for a male young driver is $2,090 per year or $174 per month.

The average annual rates for young male and female drivers are listed in the table below:

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
18	$3,612	$3,208
19	$2,982	$2,627
20	$2,676	$2,381
21	$2,181	$1,949
22	$1,992	$1,808
23	$1,858	$1,715
24	$1,745	$1,636
25	$1,639	$1,555

Average car insurance cost in Iowa for senior drivers

In Iowa, the cost of car insurance for senior female driver is $1,175 per year or $98 per month and cost of car insurance for male senior driver is $1,217 per year or $101 per month.

Age of driver	Average annual cost for Male drivers	Average annual cost for Female drivers
65	$1,166	$1,130
70	$1,227	$1,182
75	$1,329	$1,239

Cheapest cars to insure in Iowa

Make	Model	Average annual premium
Hyundai	Venue SE	$1,016
Kia	Seltos EX	$1,059
Toyota	C-HR Limited	$1,069
Honda	HR-V EX	$1,076
Mazda	CX-30 S	$1,079
Chrysler	Voyager LX	$1,083
Subaru	Forester 2.5I	$1,084
Jeep	Wrangler Rubicon	$1,088
Mazda	CX-5 S	$1,088
Honda	CR-V EX	$1,095

Most expensive cars to insure in Iowa

Make	Model	Average annual premium
Maserati	Quattroporte	$4,830
Maserati	Ghibli Modena	$4,121
Maserati	Levante Trofeo	$4,055
Maserati	Ghibli GT	$3,982
Tesla	Model S Plaid	$3,840
Porsche	911 Turbo	$3,615
Maserati	Ghibli Trofeo	$3,549
Porsche	Taycan Turbo S	$3,459
Audi	RS7 Quattro Performance	$3,443
Audi	RS7 Quattro Prestige	$3,399

Note: For coverage limit: 100/300/50 liability with a $500 comprehensive and collision deductible.

Methodology

Insure.com gathered data with the help of Quadrant Information Services from major insurance companies across Iowa. The rates are based on the profile of a 40-year-old male who drives a 2021 Honda Accord LX with a clean record and full coverage policy.

The coverage limit for a full coverage policy is 100/300/100 liability with a $500 comprehensive and collision deductible. The numbers 100/300/100 represent $100,000 coverage for bodily injury per person, $300,000 in bodily injury per accident and $100,000 for property damage.