Average homeowners insurance cost in Iowa

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The average cost of home insurance in Iowa is $2,642 per year for a standard policy.

Your premium is shaped by the dwelling coverage limit you select and the level of protection you need. Broader coverage generally means a higher cost. Higher coverage means higher premiums. West Bend Insurance Company stands out for its more affordable rates in the state, offering solid value as you weigh different levels of coverage.

Compare quotes from multiple insurers and ask each one what discounts they offer. Premiums can differ significantly from company to company because they weigh things like where your home is located, how old it is, what it’s built from, the shape your roof is in, and your past claims. Pulling several quotes tied to your specific address is the surest way to spot the best value.

Key Takeaways

Based on our data, homeowners insurance in Iowa costs an average of $2,642 per year.
Among all ZIP codes in Iowa, 52001 has the most affordable rates, averaging around $2,266 annually.
For the lowest insurer rates in Iowa, West Bend Insurance Company comes in at an average annual premium of $1,522.

What is the average cost of homeowners insurance in Iowa?

Homeowners in Iowa pay an average of $2,642 per year for 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 $2,642 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 $3,217 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 $100,000 Liability and None Deductible	$2,011	$168
$200,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$2,022	$169
$300,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$2,642	$220
$300,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$2,654	$221
$400,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$3,217	$268
$400,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$3,230	$269
$600,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$4,377	$365
$600,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$4,392	$366
$1,000,000 with $1,000 Deductible and $100,000 Liability and None Deductible	$6,709	$559
$1,000,000 with $1,000 Deductible and $300,000 Liability and None Deductible	$6,729	$561

Average home insurance cost in Iowa by insurer

The most affordable homeowners insurance in Iowa comes from West Bend Insurance Company, which averages $1,522 per year. Auto-Owners and American Family are also worth considering.

Shopping around can save you hundreds, or more, each year.

Below are average annual and monthly premiums for Iowa homeowners, based on a policy with $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	$1,522	$127
Auto-Owners	$1,858	$155
American Family	$2,315	$193
IMT Insurance	$2,316	$193
State Farm	$2,426	$202
Nationwide	$2,519	$210
Allstate	$2,842	$237
Farmers	$3,081	$257
Iowa Farm Bureau	$3,339	$278
USAA*	$2,811	$234

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

How to lower your home insurance rate

Shop around. The first quote you receive is rarely the best one. Getting estimates from at least three or four insurers gives you a clearer picture of what’s available in Iowa.
Bundle your policies. Combining home and auto insurance, or renters and auto, with the same provider is one of the most common ways to unlock multi-policy discounts.
Ask about smart home discounts. Security systems, smoke detectors, and leak sensors are the kinds of upgrades that can bring your premium down.
Check for other savings. Loyalty discounts, claims-free rewards, and home improvements like fire-resistant roofing are worth asking about at renewal.

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 52001, where homeowners pay an average of $2,266 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
52001	$2,266	$189
52002	$2,268	$189
52073	$2,285	$190
52756	$2,291	$191
52039	$2,293	$191
52033	$2,294	$191
52053	$2,298	$191
52768	$2,299	$192
52003	$2,300	$192
52804	$2,307	$192

Most expensive ZIP codes for home insurance rates in Iowa

51501 has the highest rates in Iowa at an average of $3,106 per year.

Home insurance costs more in certain ZIP codes due to higher crime rates, natural disaster risk, and living costs.

Below, we’ve highlighted some of the most expensive ZIP codes in Iowa for home insurance:

ZIP code	Average annual rate	Average monthly rate
51501	$3,106	$259
51510	$3,100	$258
51542	$3,062	$255
51653	$3,038	$253
51649	$3,034	$253
51548	$3,033	$253
51639	$3,025	$252
51559	$3,018	$252
51576	$3,017	$251
51109	$3,008	$251

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

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	$1,858	A++	0.33	5
West Bend Insurance Company	$1,522	A+	0.42	4.99
IMT Insurance	$2,316	A	0.35	4.49
American Family	$2,315	A	0.37	4.45
Farmers	$3,081	A	0.54	3.55
Nationwide	$2,519	A+	0.87	3.4
State Farm	$2,426	A++	0.95	3.39
Allstate	$2,842	A+	0.9	3.11

How to understand insurer ratings and complaint data

When choosing an insurer, you want to know if the company can pay your claim, and if customers are satisfied with it. Rating agencies track this data so you can make an informed decision at renewal.

Here are the two ratings that we have referred to:

AM Best: A global agency that rates insurers based on their financial strength and ability to pay claims. A higher score means the company is more financially stable.
NAIC Complaint Index: The National Association of Insurance Commissioners tracks consumer complaints. A score below 1.00 means fewer complaints than expected for a company of that size, while a score above 1.00 means more complaints than expected.

What factors affect your home insurance rate?

Home insurance rates come down to how much risk you represent to the insurer. The main factors they weigh:

Where you live. Local crime, weather risk, and how often neighbors file claims.
Your claims history. Past claims usually raise your rate.
Your credit-based insurance score. Weaker credit can mean a higher premium (restricted in some states, like California and Massachusetts).
Your coverage limits and deductible. More coverage or a lower deductible costs more.

Rates have also been climbing across the board. Home insurance premiums for owner-occupied homes rose more than 11% nationwide in 2023, according to S&P Global Market Intelligence’s RateWatch application.

Resources and methodology

Source

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

Methodology

Insure.com worked with Quadrant Information Services to compile homeowners insurance data, analyzing 20,739,560 quotes from 82 national and regional insurers across 34,588 ZIP codes.

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

Company rankings factor in average annual cost, NAIC score, and AM Best rating. 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.