There’s a lot to take into account when shopping for renters insurance, but we’ve compiled a list of the top providers in Iowa. Our insurance experts have analyzed price quotes from Iowa’s largest renters insurance companies to help make your decision easier. Below is the list of cheapest renters insurance companies in Iowa:

  • Allied
  • Nationwide
  • Allstate
  • State Farm
  • Amco

Cheapest renters insurance companies in Iowa

Allied offers the cheapest renters insurance in Iowa at an average annual rate of $133 or $11 per month. Based on Insure.com’s rate analysis, we have mentioned cheap renters insurance companies in Iowa along with their average annual rates.

CompanyAverage annual rateAverage monthly rate
Allied$133$11
Nationwide$141$12
Allstate$167$14
State Farm$199$17
Amco$200$17
Travelers$209$17
Farm Bureau$223$19
IMT Insurance$239$20
American Family$261$22
Farmers$346$29
Safeco$423$35
Auto Owners$1,373$114

Average cost of renters insurance in Iowa by coverage level

In Iowa, the average cost of renters insurance is $245 per year or $20 per month, that’s $81 less than the national average of $326. These rates are for the coverage level of $20,000 for personal property, $1000 as deductible and $300,000 as liability protection.

Find below average cost of renters insurance in Iowa for coverage levels of- $40,000 and $60,000 with liability protection of $300,000 and $1000 as deductible.

Coverage levelAvg. annual renters insurance rateAvg. monthly renters insurance rate
$20,000$245$20
$40,000$345$29
$60,000$446$37

Most affordable ZIP codes for renters insurance in Iowa

How much Iowa renters pay for insurance majorly depends on the zip code they live in. Based on our findings, the most affordable zip code for renters insurance in Iowa is 50310. Its average annual rate $244 or $20 per month.

The above mentioned rates are for the coverage limits of $40,000 for personal property, $1000 as deductible, and 100,000 in liability protection. Rates vary based on the zip code, that’s why comparing quotes is one of the easiest ways to get the best deal on renters insurance in Iowa.

ZIP codeAverage annual rateAverage monthly rate
50310$244$20
50311$247$21
50320$248$21
50316$249$21
50307$250$21
50319$251$21
50005$318$26
50010$319$27
50011$320$27
50006$321$27

Least affordable ZIP codes for renters insurance in Iowa

Your zip code, among other factors, affects how much you pay for renters insurance in Iowa. 50313 is the least affordable zip code for Iowa renters at an average cost of $338 a year or $28 monthly.

We have analyzed quotes from the major insurance carriers across all the zip codes in Iowa. Below we’ll provide the average annual renters insurance costs by ZIP code, also find out how much renters insurance costs per month.

ZIP codeAverage annual rateAverage monthly rate
50313$338$28
51654$336$28
50395$335$28
51533$334$28
50327$333$28
50032$332$28
50007$331$28
50001$330$28
50022$329$27
50063$328$27

Renters and auto bundle discounts in Iowa

If you’re looking for ways to trim costs on your insurance premiums, consider purchasing both renters and auto policies from the same company. Bundling policies can help you save an average of $119 per year in Iowa. Depositors offers the cheapest rate on renters and auto insurance bundle, you can save an average of $218 annually or 17%.

CompanyAverage annual rateAverage base annual rate (without bundling)$ bundle average savings% bundle average savings
Depositors $1,071$1,289$21817%
State Farm$1,143$1,200$585%
Farm Bureau$1,162$1,235$736%
Standard Fire $1,266$1,278$121%
American Family $1,355$1,448$936%
Geico$1,445$1,486$413%
Farmers$1,529$1,643$1147%
Wadena $1,706$1,740$342%
Grinnell$1,792$2,240$44820%
Allstate$1,958$2,030$724%
Progressive$1,974$2,120$1467%

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