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Insurance premiums are highly dynamic. Factors such as company, age, credit score, coverage levels and driving history can affect your quoted price.

For instance, State Farm is the cheapest auto insurer for an average full coverage policy at $509 per year. But the same policy costs more for young adults at $639 a year and less for seniors at $448.

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2023

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Average Car Insurance Costs in Iowa (2023)

The average cost of car insurance in Iowa is $791 per year. However, this price is subject to change based on age, driving history and coverage levels, among other factors.

To better show the impact of different driver attributes on auto insurance rates, here are the various premiums charged to Iowa drivers based on their driving records.

  • Clean record: $791 per year
  • Speeding ticket: $986 per year
  • At-fault accident: $1,076 per year
  • DUI: $1,336 per year

These are for full coverage policies. Getting a minimum coverage will yield a lower premium.

Driving Record
Annual Premium
Monthly Premium

Clean

$249

$21

Clean

$250

$21

Clean

$314

$26

Ticket

$318

$27

Ticket

$323

$27

At-Fault Accident

$359

$30

At-Fault Accident

$369

$31

Ticket

$392

$33

At-Fault Accident

$428

$36

DUI

$445

$37

DUI

$459

$38

DUI

$539

$45

Clean

$712

$59

Clean

$791

$66

Ticket

$895

$75

Ticket

$986

$82

At-Fault Accident

$998

$83

Clean

$1,006

$84

At-Fault Accident

$1,076

$90

Ticket

$1,227

$102

DUI

$1,240

$103

At-Fault Accident

$1,311

$109

DUI

$1,336

$111

DUI

$1,642

$137

Why Are Car Insurance Rates Cheap in Iowa?

Iowans pay less than the national average of $1,021 annually for car insurance. Fewer car thefts, cheaper company base rates, less dense population and less traffic may contribute to more affordable costs. If you live in Iowa and have a high car insurance premium, it could be due to factors like your driving record or age.

Average Car Insurance Costs in Iowa by Company

The average cost of auto insurance in the state should, at most, be used as a reference because the exact rates vary depending on the insurer. State Farm is the cheapest auto insurer in Iowa, with a minimum coverage policy costing $144 yearly ($509 annually for full coverage). In contrast, Allstate's minimum coverage policy is the most expensive at $403 per year ($712 annually for full coverage).

While minimum liability plans are less expensive, you may still be able to find cheap full coverage policies with a little bit of research and comparison shopping.

Company
Annual Premium
Monthly Premium

State Farm

$136

$11

State Farm

$144

$12

Progressive

$163

$14

State Farm

$175

$15

West Bend Mutual

$182

$15

Auto-Owners Insurance Co

$182

$15

Progressive

$182

$15

Westfield

$183

$15

Auto-Owners Insurance Co

$188

$16

West Bend Mutual

$196

$16

Iowa Farm Bureau

$203

$17

Westfield

$204

$17

Westfield

$217

$18

West Bend Mutual

$226

$19

Iowa Farm Bureau

$227

$19

Western National

$227

$19

Western National

$232

$19

Progressive

$247

$21

Grinnell Mutual

$255

$21

Iowa Farm Bureau

$257

$21

GEICO

$267

$22

Auto-Owners Insurance Co

$269

$22

Grange Insurance

$278

$23

American Family

$280

$23

Grange Insurance

$287

$24

IMT Insurance Company

$288

$24

Grinnell Mutual

$289

$24

American Family

$291

$24

IMT Insurance Company

$296

$25

GEICO

$308

$26

Grange Insurance

$317

$26

American Family

$317

$26

Travelers

$324

$27

Farmers

$328

$27

Farmers

$339

$28

Travelers

$346

$29

GEICO

$348

$29

Travelers

$370

$31

Grinnell Mutual

$381

$32

Western National

$383

$32

Allstate

$403

$34

Farmers

$406

$34

Allstate

$408

$34

IMT Insurance Company

$431

$36

State Farm

$448

$37

Allstate

$466

$39

State Farm

$509

$42

West Bend Mutual

$544

$45

West Bend Mutual

$545

$45

Auto-Owners Insurance Co

$613

$51

American Family

$638

$53

State Farm

$639

$53

West Bend Mutual

$652

$54

Westfield

$667

$56

Allstate

$683

$57

Auto-Owners Insurance Co

$687

$57

Iowa Farm Bureau

$691

$58

Progressive

$705

$59

Allstate

$712

$59

Westfield

$715

$60

American Family

$721

$60

GEICO

$738

$62

Travelers

$745

$62

GEICO

$745

$62

American Family

$753

$63

IMT Insurance Company

$758

$63

Farmers

$785

$65

Travelers

$796

$66

Iowa Farm Bureau

$807

$67

IMT Insurance Company

$810

$68

Grange Insurance

$816

$68

Progressive

$832

$69

Farmers

$863

$72

Grange Insurance

$883

$74

Allstate

$897

$75

Grinnell Mutual

$906

$76

Westfield

$917

$76

Iowa Farm Bureau

$918

$76

Auto-Owners Insurance Co

$938

$78

Travelers

$938

$78

GEICO

$1,003

$84

IMT Insurance Company

$1,017

$85

Western National

$1,026

$86

Farmers

$1,036

$86

Grange Insurance

$1,042

$87

Grinnell Mutual

$1,093

$91

Progressive

$1,125

$94

Western National

$1,192

$99

Grinnell Mutual

$1,513

$126

Western National

$1,784

$149

Insurance Rates

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MONEYGEEK’S IOWA CAR INSURANCE CALCULATOR

When determining your auto insurance quote, insurance companies consider multiple factors, including your age, location, driving record and the type and amount of coverage you need. Use MoneyGeek's Iowa auto insurance calculator to get a quick estimate of your annual premiums.

Average Car Insurance Costs in Iowa by Coverage Level

Insurance for a car in Iowa can cost anything from $249 annually for minimum coverage to $965 annually for comprehensive coverage with high liability limits.

Adding collision and comprehensive coverage to your auto insurance policy might add hundreds of dollars to your annual premiums. Opting for a bigger deductible on a full coverage policy is one way to reduce the overall premium.

Average annual car insurance rates by coverage tier

The most affordable option for auto insurance in Iowa will be minimum coverage policies. This insurance includes the lowest liability limits available and excludes comprehensive and collision coverage.

Many insurance companies provide increased liability limits, using shorthand such as 50/100/50 or 100/300/100, in exchange for higher premiums. A 50/100/50 liability coverage means that your insurer would pay up to the following:

  • $50,000 in bodily injury liability insurance per person
  • $100,000 in bodily injury liability insurance per accident
  • $50,000 in property damage liability insurance per accident

The most common liability limit insurance companies provide is 300/500/300. Liability insurance pays for compensation for other people's injuries or damaged properties, whereas comprehensive and collision insurance pays for repairs to your own car in the event of an accident. These are the components that make up a full coverage policy.

Average Car Insurance Costs in Iowa by Age

If you're a young or inexperienced driver, your insurance premiums could be significantly higher than average. The cost of a comprehensive insurance policy in Iowa often lowers with policyholders' ages, as shown in the list below.

  • 22–29: $1,006 per year
  • 30–59: $791 per year
  • 60+: $712 per year

Although car insurance for new drivers is the most expensive, it tends to level off for those in their 30s to 50s before increasing again after age 60.

Age
Annual Premium
Monthly Premium

22-29

$314

$26

22-29

$1,006

$84

30-59

$249

$21

30-59

$791

$66

60 +

$712

$59

60 +

$250

$21

Average Car Insurance Costs in Iowa for Teens

In Iowa, the average annual premium for car insurance for a 16-year-old male is $2,009, significantly higher than the average cost for drivers of all ages. The yearly premium for an individual policy is $4,357, which is considerably more.

As drivers mature and accumulate driving experience, they typically qualify for lower insurance rates. On average, a 19-year-old will pay $1,555 per year for coverage under a family plan, while a 22-year-old will pay $1,291.

Iowa is one of the states where there is a noticeable gender gap in teen insurance rates. Compared to the average cost of a family plan for a male teen, the cost for a female teen of the same age is $199 cheaper, at $1,810 per year.

You can find affordable car insurance for Iowa teens by shopping around and comparing quotes from multiple providers.

Age
Annual Family Premium
Monthly Family Premium
Annual Individual Premium
Monthly Individual Premium

16

$1,810

$151

$3,907

$326

16

$2,009

$167

$4,357

$363

17

$1,702

$142

$2,824

$235

17

$1,887

$157

$3,174

$264

18

$1,453

$121

$2,393

$199

18

$1,620

$135

$2,716

$226

19

$1,403

$117

$1,802

$150

19

$1,555

$130

$2,049

$171

20

$1,448

$121

$1,617

$135

20

$1,600

$133

$1,805

$150

21

$1,149

$96

$1,279

$107

21

$1,250

$104

$1,408

$117

22

$1,193

$99

$1,172

$98

22

$1,291

$108

$1,279

$107

23

$1,225

$102

$1,101

$92

23

$1,322

$110

$1,159

$97

24

$1,158

$97

$1,041

$87

24

$1,239

$103

$1,085

$90

25

$1,087

$91

$972

$81

25

$1,145

$95

$997

$83

Average Car Insurance Costs in Iowa for New Cars vs. Older Cars

Insurance for a brand-new vehicle in Iowa costs an average of $1,006 annually, about 27% higher than the $733 annual average premium paid to cover older cars. Newer vehicles typically have higher insurance premiums because of their higher actual cash value (ACV), repair costs and theft risks.

Insurers look at the car's ACV when deciding how much to pay for repairs after a crash or theft. Your older car will cost less to insure due to its lower ACV and the lower claims that insurance will pay out. Newer vehicle owners in Iowa should consider buying full coverage insurance to protect themselves from financial ruin in the event of an accident or injury to a third party.

Model Year
Annual Premium
Monthly Premium

2022 Vehicle

$249

$21

2022 Vehicle

$249

$21

2012 Vehicle

$265

$22

2012 Vehicle

$271

$23

2022 Vehicle

$299

$25

2012 Vehicle

$325

$27

2012 Vehicle

$669

$56

2012 Vehicle

$733

$61

2022 Vehicle

$882

$74

2012 Vehicle

$916

$76

2022 Vehicle

$1,006

$84

2022 Vehicle

$1,252

$104

Average Car Insurance Costs in Iowa by Driving Record

Drivers with offenses on their record will pay more for auto insurance than drivers with clean records. Iowa policyholders can expect to pay the following rates for comprehensive car insurance based on their driving histories:

  • Clean record: $791 per year
  • Speeding ticket: $986 per year
  • At-fault accident: $1,076 per year
  • DUI: $1,336 per year

The cost of insurance will often reflect the severity of the traffic violation on your record. The insurance premium increase caused by a DUI is more than the increase incurred from speeding tickets. Comparison shopping is necessary to find relatively cheap car insurance in Iowa for drivers with poor records.

Driving Record
Annual Premium
Monthly Premium

Clean

$249

$21

Clean

$250

$21

Clean

$314

$26

Ticket

$318

$27

Ticket

$323

$27

At-Fault Accident

$359

$30

At-Fault Accident

$369

$31

Ticket

$392

$33

At-Fault Accident

$428

$36

DUI

$445

$37

DUI

$459

$38

DUI

$539

$45

Clean

$712

$59

Clean

$791

$66

Ticket

$895

$75

Ticket

$986

$82

At-Fault Accident

$998

$83

Clean

$1,006

$84

At-Fault Accident

$1,076

$90

Ticket

$1,227

$102

DUI

$1,240

$103

At-Fault Accident

$1,311

$109

DUI

$1,336

$111

DUI

$1,642

$137

Average Car Insurance Costs in Iowa by Credit Score

Your credit score plays a significant role in determining the cost of your car insurance. Drivers with poor credit in Iowa pay an average of $1,176 per year for a minimum coverage policy, while those with excellent credit pay only $560. As shown below, Iowa drivers' average costs will vary depending on their credit rating:

  • Excellent: $560 per year
  • Good: $682 per year
  • Fair: $839 per year
  • Below fair: $987 per year
  • Poor: $1,176 per year

The best way for Iowa drivers with poor credit to find affordable car insurance is to shop around and see how different insurers treat drivers with poor credit.

Credit Score
Average Annual Premium
Average Monthly Premium

Excellent

$203

$17

Excellent

$206

$17

Good

$241

$20

Good

$245

$20

Excellent

$250

$21

Fair

$292

$24

Fair

$296

$25

Good

$299

$25

Below Fair

$341

$28

Below Fair

$347

$29

Fair

$363

$30

Poor

$390

$32

Poor

$393

$33

Below Fair

$427

$36

Poor

$491

$41

Excellent

$507

$42

Excellent

$512

$43

Excellent

$534

$45

Excellent

$547

$46

Excellent

$560

$47

Excellent

$597

$50

Good

$614

$51

Good

$623

$52

Good

$654

$55

Good

$664

$55

Good

$682

$57

Excellent

$694

$58

Excellent

$710

$59

Good

$732

$61

Fair

$753

$63

Excellent

$758

$63

Fair

$765

$64

Fair

$805

$67

Fair

$815

$68

Fair

$839

$70

Good

$845

$70

Good

$868

$72

Below Fair

$884

$74

Below Fair

$899

$75

Fair

$902

$75

Good

$932

$78

Below Fair

$949

$79

Below Fair

$957

$80

Below Fair

$987

$82

Fair

$1,040

$87

Poor

$1,052

$88

Below Fair

$1,063

$89

Poor

$1,071

$89

Fair

$1,071

$89

Poor

$1,128

$94

Poor

$1,140

$95

Fair

$1,153

$96

Poor

$1,176

$98

Below Fair

$1,225

$102

Below Fair

$1,262

$105

Poor

$1,265

$105

Below Fair

$1,361

$113

Poor

$1,464

$122

Poor

$1,511

$126

Poor

$1,626

$136

Average Car Insurance Costs in Iowa by City

Your auto insurance rates in Iowa can vary widely depending on your specific location. For example, Davenport and Des Moines drivers will pay an average of $792 annually for full coverage, while Cedar Rapids drivers will pay the least at $770. Higher traffic and population densities are typically accompanied by higher car insurance premiums.

City
Full Coverage Annual Premium
Minimum Coverage Annual Premium

Cedar Rapids

$984

$372

Cedar Rapids

$770

$297

Cedar Rapids

$703

$295

Davenport

$1,016

$405

Davenport

$792

$323

Davenport

$729

$320

Des Moines

$1,020

$402

Des Moines

$792

$320

Des Moines

$729

$317

Insurance Rates

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Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

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FAQ About Car Insurance Costs in Iowa

Car insurance premiums could change from state to state and person to person. To get you started, MoneyGeek has answered some of the most frequently asked questions concerning auto insurance rates in Iowa.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.