Average homeowners insurance cost in Iowa

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Homeowners in Iowa pay an average of $2,882 per year for a standard home insurance policy.

The coverage limit you choose for your dwelling has a major impact on your premium. More protection generally means a higher cost. Higher coverage means higher premiums. West Bend Insurance Company offers some of the lowest rates in the state, making it a good starting point when comparing your options.

Don’t settle for the first quote – reach out to several insurers and dig into available discounts. Since rates hinge on details like your location, the age and construction of your home, your roof’s condition, and your claims history, the prices you’re offered can swing a lot. Getting address-specific quotes from a handful of companies puts you in the best position to land a great rate.

Key Takeaways

Based on our data, homeowners insurance in Iowa costs an average of $2,882 per year.
Among all ZIP codes in Iowa, 52054 has the most affordable rates, averaging around $2,438 annually.
For the lowest insurer rates in Iowa, West Bend Insurance Company comes in at an average annual premium of $2,167.

What is the average cost of homeowners insurance in Iowa?

The average homeowners insurance premium in Iowa is $2,882 per year. That figure is based on a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

How much is home insurance in Iowa? Cost by coverage level

The typical homeowners insurance policy in Iowa runs $2,882 per year, assuming $300,000 in dwelling coverage, $100,000 in liability, and a $1,000 deductible.

Stepping up to $400,000 in dwelling coverage, with the same liability and deductible settings, brings the average annual cost to $3,485 in Iowa.

The table below shows average homeowners insurance costs in Iowa for dwelling coverage from $200,000 to $1 million.

Coverage	Average annual rate	Average monthly rate
$200,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$2,196	$183
$200,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$2,214	$185
$300,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$2,882	$240
$300,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$2,902	$242
$400,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$3,485	$290
$400,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$3,508	$292
$600,000 with $1,000 Deductible and $200,000 Liability and None Hurricane	$4,670	$389
$600,000 with $1,000 Deductible and $300,000 Liability and None Hurricane	$4,695	$391
$1,000,000 with $2,500 Deductible and $200,000 Liability and None Hurricane	$6,435	$536
$1,000,000 with $2,500 Deductible and $300,000 Liability and None Hurricane	$6,467	$539

Average home insurance cost in Iowa by insurer

West Bend Insurance Company has the lowest average homeowners insurance premiums in Iowa at $2,167 per year. State Farm and Auto-Owners also offer competitive rates worth comparing.

Taking the time to shop around can save you a significant amount each year.

The table below shows average annual and monthly rates from insurers in Iowa, based on $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

Company	Average annual rate	Average monthly rate
West Bend Insurance Company	$2,167	$181
State Farm	$2,621	$218
Auto-Owners	$2,890	$241
Nationwide	$2,969	$247
Farmers	$2,988	$249
Allstate	$3,089	$257
IMT Insurance	$3,197	$266
American Family	$3,860	$322
Iowa Farm Bureau	$6,063	$505
USAA*	$2,606	$217

*USAA is only available to military community members and their families.

How to lower your home insurance rate

Shop around. A single quote won’t tell you much. Comparing rates from three or four different insurers in Iowa is the surest way to find a competitive price.
Bundle your policies. Pairing home and auto insurance, or renters and auto, with the same provider is a straightforward way to qualify for multi-policy discounts.
Ask about smart home discounts. Home security systems, smoke detectors, and leak detection devices are upgrades that many insurers reward with lower premiums.
Check for other savings. It’s worth asking your insurer about loyalty discounts, claims-free incentives, and credits for improvements like fire-resistant roofing materials.

How does your ZIP code affect home insurance rates in Iowa?

Your ZIP code shapes your home insurance rate by showing insurers the risk tied to your location. Higher crime, greater exposure to natural disasters, and steeper rebuilding costs all push an area into higher-risk territory-and premiums rise accordingly.

Below, see the most and least expensive ZIP codes for home insurance in Iowa.

Most affordable ZIP codes for home insurance in Iowa

The lowest rates in Iowa are found in 52054, where homeowners pay an average of $2,438 per year.

Where you live in Iowa has a real impact on what you’ll pay for home insurance – and your ZIP code is one of the largest drivers of that difference.

Below are average homeowners insurance rates for some of the most affordable ZIP codes in Iowa.

ZIP code	Average annual rate	Average monthly rate
52054	$2,438	$203
52742	$2,442	$203
52777	$2,444	$204
52729	$2,448	$204
52751	$2,464	$205
52032	$2,467	$206
52750	$2,469	$206
52254	$2,484	$207
52731	$2,485	$207
52727	$2,492	$208

Most expensive ZIP codes for home insurance in Iowa

At the other end of the spectrum, 51526 has the highest average rates in Iowa at $3,596 per year.

Higher premiums in certain ZIP codes typically reflect greater exposure to crime, natural disasters, and elevated living and rebuilding costs.

Below are some of the most expensive ZIP codes for home insurance in Iowa.

ZIP code	Average annual rate	Average monthly rate
51526	$3,596	$300
51542	$3,557	$296
51503	$3,551	$296
51653	$3,548	$296
51548	$3,530	$294
51654	$3,518	$293
51549	$3,517	$293
51639	$3,516	$293
51525	$3,512	$293
51640	$3,511	$293

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Iowa by city

See rates in your city

Cedar Rapids

Davenport

Des Moines

How has home insurance pricing shifted in Iowa?

From 2023 to 2025, home insurance rates in Iowa increase by 14%, mirroring the broader direction of the state’s insurance market over that period.

Here’s how rates have moved year over year since 2022:

2022 rates	2023 rates	2025 rates
$2,316	$2,539	$2,882

What are the best homeowners insurance companies in Iowa?

Based on our data, Auto-Owners stands out as the top choice in Iowa. It earns an AM Best rating of A+ and holds one of the lowest NAIC complaint scores statewide-a strong sign of both reliability and customer satisfaction.

To pinpoint the most trustworthy insurers, we measured each company against two benchmarks:

AM Best Ratings gauge a company’s financial strength and its ability to pay claims when you need it most.
NAIC Complaint Scores compare how often a company is the subject of complaints relative to its size, with lower scores pointing to fewer problems.

Looked at together, these benchmarks give a dependable picture of an insurer’s financial footing and the experience you can expect as a customer. The table below ranks the leading companies in Iowa by annual premium, financial rating, and complaint history.

Company	Average annual premium	Am Best Rating	NAIC Complaint Index	Overall score
Auto-Owners	$2,890	A+	0.39	4.54
State Farm	$2,621	A+	1.15	4.54
West Bend Insurance Company	$2,167	A	0.43	4.54
Allstate	$3,089	A+	1.26	4.47
Farmers	$2,988	A	0.89	4.4
Nationwide	$2,969	A	1.34	4.38
IMT Insurance	$3,197	A-	0.56	4.29
American Family	$3,860	A	1.07	4.28
Iowa Farm Bureau	$6,063	A	0.48	4.01
USAA*	$2,606	A++	0.46	4.68

*USAA is only available to military community members and their families.

How to understand insurer ratings and complaint data

A good insurer answers two questions well: Can it pay your claim, and does it keep its customers happy? Independent rating agencies measure both, giving you an evidence-based way to compare your options.

The two ratings referenced here:

AM Best, which assesses an insurer’s financial strength and capacity to pay claims. Higher ratings indicate greater financial stability.
NAIC Complaint Index, compiled by the National Association of Insurance Commissioners from consumer complaint data. The baseline is 1.00 – a lower score means fewer complaints than expected for the insurer’s size, and a higher score means more.

What factors affect your home insurance rate?

Insurers price home insurance based on the level of risk your property and profile represent. They decide that based on:

Where you live. Local crime rates, weather exposure, and claims frequency in your neighborhood all influence your rate.
Your claims history. A history of past claims typically results in a higher premium.
Your credit-based insurance score. In most states, a lower credit score can mean a higher premium (Restricted in some states, like California and Massachusetts).
Your coverage limits and deductible. Higher coverage or a lower deductible will increase what you pay.

It’s also worth noting that home insurance costs have been rising broadly. According to S&P Global Market Intelligence’s RateWatch application, premiums for owner-occupied homes climbed more than 11% nationwide in 2023.

Resources and Methodology

Sources:

S&P Global. “US homeowners insurance rates jump by double digits in 2023.” Accessed August 2026.

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 37,973,840 quotes from 75 company groups (134 companies) across 34,595 ZIP codes in all 51 states.

Rates are based on a sample homeowner profile with good credit and the following coverage:

$300,000 dwelling coverage
$100,000 liability protection
$1,000 deductible

The national average annual premium (non-hurricane deductible) is $2,543.

Company rankings factor in:

AM Best rating: 30%
NAIC score: 35%
Annual premium: 35%

All quoted rates are for comparison purposes and individual premiums may vary.

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.