Cheapest and Best Car Insurance in Cedar Rapids, IA (June 2024)


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Updated: May 23, 2024

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In Cedar Rapids, West Bend Mutual has the lowest rates for full and minimum coverage policies. Allstate is the cheapest for families with teens. For stellar customer service, West Bend Mutual again tops the list, securing the best overall title for balancing price with service. The best policy for you depends on your unique preferences and needs.

MoneyGeek Logo IconBest & CheapestCar InsuranceCedar Rapids
2024

Cheapest and Best Car Insurance in Cedar Rapids

Why Trust MoneyGeek? We analyzed 29,688 quotes in Iowa, including the city of Cedar Rapids, from 16 companies. We used six sources and original research to rate the cheapest companies and develop a scoring system for Cedar Rapids insurance providers based on ZIP codes in the city only. Our scores are based on affordability, customer satisfaction, claims experience, coverages offered and financial stability.

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These rates reflect the cheapest car insurance quotes in Cedar Rapids, IA, as of June 2024.

29,688Quotes Analyzed
 
16Companies Compared

Cheapest Minimum Coverage Car Insurance in Cedar Rapids

MoneyGeek found that the following companies offer the cheapest car insurance in Cedar Rapids:

  • West Bend Mutual: $195 per year
  • Progressive: $209 per year

The most expensive minimum coverage policy in Cedar Rapids is offered by Grinnell Mutual, with an annual premium of $576. This stark contrast to West Bend Mutual's rate – a difference of $381 – underscores the significance of comparing insurance quotes to find the best deal.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Minimum Coverage
West Bend MutualAnnual Premium$195Monthly Premium$16
ProgressiveAnnual Premium$209Monthly Premium$17
Auto-Owners Insurance CoAnnual Premium$238Monthly Premium$20
Grange InsuranceAnnual Premium$260Monthly Premium$22
WestfieldAnnual Premium$269Monthly Premium$22
Western NationalAnnual Premium$311Monthly Premium$26
State FarmAnnual Premium$321Monthly Premium$27
GEICOAnnual Premium$334Monthly Premium$28

State Minimum Liability Requirements

In Iowa, from Cedar Rapids to Sioux City, minimum car insurance coverage is defined by state law. Here's what motorists are required to have:

  • $20,000 bodily injury per person
  • $40,000 bodily injury per accident
  • $15,000 property damage liability per accident

For instance, with minimum coverage, if you're liable for an accident and the other person's medical expenses are $25,000, your insurance would cover $20,000. Anything beyond that, say the remaining $5,000, would be paid out of your own pocket.

Cheapest Full Coverage Car Insurance in Cedar Rapids

MoneyGeek found that West Bend Mutual is the top choice in Cedar Rapids for the cheapest full coverage car insurance. The following companies offer the best rates:

  • West Bend Mutual: $552 per year
  • Grange Insurance: $690 per year

Grinnell Mutual has the most expensive full coverage policy in Cedar Rapids at $1,561 annually. This staggering difference of $1,009 between the cheapest and the priciest underscores the necessity of comparing rates, as full coverage policies cost more due to their extensive protection that goes beyond the minimum liability insurance.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
West Bend MutualAnnual Premium$552Monthly Premium$46
Grange InsuranceAnnual Premium$690Monthly Premium$58
Auto-Owners Insurance CoAnnual Premium$697Monthly Premium$58
ProgressiveAnnual Premium$716Monthly Premium$60
American FamilyAnnual Premium$728Monthly Premium$61
TravelersAnnual Premium$763Monthly Premium$64
GEICOAnnual Premium$799Monthly Premium$67
State FarmAnnual Premium$878Monthly Premium$73

Do You Need Full Coverage in Iowa?

A full coverage policy includes $100,000 for bodily injury liability per individual, $300,000 for bodily injury per accident and $100,000 for property damage liability per mishap. In the industry, we refer to this as a 100/300/100 plan.

Full coverage policies are comprehensive, including not only boosted liability limits but also collision and comprehensive insurance protections:

  • Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

  • Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you've invested in a brand-new vehicle, opting for full coverage insurance is a wise decision to protect that investment. On the other hand, for those driving older models, the additional cost for this expansive coverage may not deliver the value you seek.

When deciding how much car insurance coverage you need, weigh the pros and cons: higher premiums come with more protection, but choosing less coverage could leave you vulnerable.

Cheapest Car Insurance in Cedar Rapids After a Driving Offense

MoneyGeek found the cheapest car insurance options for drivers with a poor driving record in Cedar Rapids:

  • Speeding Ticket: West Bend Mutual ($716 per year)
  • At-Fault Accident: American Family ($728 per year)
  • DUI: Progressive ($777 per year)

Grinnell Mutual has the most expensive rates for all three offenses. The annual premiums show a significant variance reflecting the gravity of the offenses, with the cheapest company after a speeding ticket being $716, compared to $777 after a DUI, underscoring how severity impacts insurance rates.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
Incident:
Incident:Speeding
West Bend MutualAnnual Premium$716Monthly Premium$60
American FamilyAnnual Premium$864Monthly Premium$72
ProgressiveAnnual Premium$900Monthly Premium$75
Western NationalAnnual Premium$926Monthly Premium$77
State FarmAnnual Premium$957Monthly Premium$80
GEICOAnnual Premium$1,047Monthly Premium$87
IMT Insurance CompanyAnnual Premium$1,054Monthly Premium$88
TravelersAnnual Premium$1,054Monthly Premium$88

Insurance rates in cities like Cedar Rapids often increase proportional to the severity of a driving infraction because insurers view more serious offenses as indications of greater risk. In Cedar Rapids, for example, drivers with a DUI can expect to pay an average annual rate of $2,026 compared to $1,517 for those with a speeding ticket. This substantial rate difference underscores the necessity for drivers with offenses to meticulously compare insurance quotes, as doing so could lead to significant savings.

Cheapest Car Insurance in Cedar Rapids for Teens and Their Families

MoneyGeek found that State Farm offers the cheapest full coverage car insurance for male and female teens in Cedar Rapids. For parents looking for the cheapest car insurance for teens, here are the top options:

  • State Farm: $1,557 per year for female teens and $1,987 per year for male teens
  • Allstate: $1,762 per year for both female and male teens

These rates reflect a policy covering two parents with a teen driver, emphasizing the importance of finding affordable options. Notably, Auto-Owners has the most expensive teen family policy in the city, with female teen rates at $2,091 annually. This significant $534 difference underscores why parents must shop around, especially when adding higher-risk teen drivers to their policies.

Data filtered by:Results filtered by:
Age:
Age:16
Gender:
Gender:Female
State FarmFamily Plan Annual Premium$1,557Individual Plan Monthly Premium$1,978
AllstateFamily Plan Annual Premium$1,762Individual Plan Monthly Premium$5,638
TravelersFamily Plan Annual Premium$1,781Individual Plan Monthly Premium$3,654
GEICOFamily Plan Annual Premium$1,864Individual Plan Monthly Premium$3,663
ProgressiveFamily Plan Annual Premium$1,868Individual Plan Monthly Premium$5,611
FarmersFamily Plan Annual Premium$2,086Individual Plan Monthly Premium$5,310
Auto-Owners Insurance CoFamily Plan Annual Premium$2,091Individual Plan Monthly Premium$2,001

In Cedar Rapids, like in many cities across the nation, teenagers seeking car insurance face steep premiums when opting for an individual policy, averaging around $4,435 annually. In contrast, joining a family plan can more than halve this expense, with an average cost of $2,065 per year. This significant discrepancy in rates is largely due to the higher risk insurers attribute to inexperienced teen drivers, which is statistically supported by a higher likelihood of accidents.

Cheapest Car Insurance in Cedar Rapids for Military Drivers

MoneyGeek found that the following companies offer the cheapest car insurance for those with military backgrounds in Cedar Rapids:

  • West Bend Mutual: $552 per year
  • Grange Insurance: $690 per year

Although USAA is not the least expensive insurer, with an annual premium of $710, it is known for its exceptional service geared toward active-duty military members.

Data filtered by:Results filtered by:
Age Group:
Age Group:30-59
Coverage:
Coverage:Full Coverage
West Bend MutualAnnual Premium$552Monthly Premium$46
Grange InsuranceAnnual Premium$690Monthly Premium$58
Auto-Owners Insurance CoAnnual Premium$697Monthly Premium$58
USAAAnnual Premium$710Monthly Premium$59
ProgressiveAnnual Premium$716Monthly Premium$60
American FamilyAnnual Premium$728Monthly Premium$61
TravelersAnnual Premium$763Monthly Premium$64
GEICOAnnual Premium$799Monthly Premium$67

How to Compare Cheap Cedar Rapids Car Insurance Quotes Online

Comparing car insurance rates in Cedar Rapids is an effective strategy for savings, yet the task demands considerable time investment — with estimates of 15 minutes per insurer, totaling over an hour for a thorough comparison of three or more companies. Fortunately, MoneyGeek's car insurance calculator streamlines the process. Users can input key details such as age, driving history, credit score and desired coverage level to rapidly receive rate estimates.

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MoneyGeeks's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.

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Rates updated:

Jul 12, 2024

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Best Car Insurance in Cedar Rapids: Overview

Finding the best auto insurance for you hinges on what you prioritize, be it service, cost, coverage or other factors. Using a distinct scoring system for each category, MoneyGeek's research reveals Cedar Rapids's top car insurance providers for different needs:

  • Best overall: West Bend Mutual (MoneyGeek score 90 out of 100)
  • Best for service: West Bend Mutual (MoneyGeek score 84 out of 100)
  • Best cheap: West Bend Mutual (MoneyGeek score 90 out of 100)

West Bend Mutual stands out as the top-performing insurer in Cedar Rapids, offering superior value, exceptional service and impressive affordability.

Overall Best Car Insurance in Cedar Rapids

MoneyGeek found the best options in Cedar Rapids for those seeking superior car insurance coverage. The top providers are as follows:

  • West Bend Mutual: MoneyGeek score of 90 out of 100 ($552 per year)
  • Auto-Owners: MoneyGeek score of 78 out of 100 ($697 per year)

West Bend Mutual distinguishes itself mainly through high satisfaction and affordability, which are the primary contributors to its outstanding MoneyGeek score.

Company logo for West Bend Mutual
Best OverallWest Bend Mutual
MoneyGeek Score:
90/ of 100

Overview

West Bend Mutual shines with top-tier satisfaction and strong affordability scores, key drivers behind its impressive overall MoneyGeek score. Despite excelling in these areas, it's worth mentioning that the insurer lacks rental car and/or travel reimbursement, one of the common coverages.

Nonetheless, West Bend Mutual does feature roadside assistance, ensuring help is just a call away if you encounter vehicle trouble while on the move. If your car breaks down, runs out of gas or you're locked out, having roadside assistance means support and services are readily available to get you back on the road.

Best Car Insurance in Cedar Rapids for Customer Service

MoneyGeek found that the following companies are the best options in Cedar Rapids for consumers seeking top-notch customer service, regardless of cost:

  • West Bend Mutual: MoneyGeek score of 84 out of 100 ($552 per year)
  • Grinnell Mutual: MoneyGeek score of 82 out of 100 ($1,561 per year)

West Bend Mutual distinguishes itself predominantly through its excellent satisfaction and claims handling scores. These factors are key contributions to its stellar MoneyGeek score.

Company logo for West Bend Mutual
Best for Customer ServiceWest Bend Mutual
MoneyGeek Score:
84/ of 100

Overview

West Bend Mutual consistently excels in customer satisfaction, contributing significantly to its high MoneyGeek score of 84. However, the lack of rental car and/or travel reimbursement is a minor drawback, but West Bend Mutual offers the common coverage of roadside assistance.

Among the reasonably common coverages, antique/classic car insurance will appeal to collectors, though it's not widely applicable to most drivers. Although the insurer may not provide a broad range of rare coverages, its perfect customer satisfaction score of 45 (out of 45) and strong claims score of 26 (out of 30) underscore its commitment to quality service and support.

Best Cheap Car Insurance in Cedar Rapids

MoneyGeek found the best options in Cedar Rapids for those seeking cheap car insurance without compromising on quality. Here are the top two providers:

  • West Bend Mutual: MoneyGeek score of 90 out of 100 ($195 per year)
  • Auto-Owners: MoneyGeek score of 82 out of 100 ($238 per year)

West Bend Mutual distinguishes itself with a MoneyGeek score weighted toward affordability, offering the lowest annual premium for minimum coverage policies while still maintaining high marks in claims handling and customer satisfaction, the largest contributors to its MoneyGeek score.

Company logo for West Bend Mutual
Best Cheap CompanyWest Bend Mutual
MoneyGeek Score:
90/ of 100

Overview

West Bend Mutual stands out with perfect scores in affordability and satisfaction, significantly contributing to its impressive MoneyGeek score. The average driver enjoys the benefits of minimal annual coverage at an average premium of only $195.

Among its reasonably common discounts, West Bend Mutual offers the distant student discount, which is beneficial for families with young drivers away at school, and anti-lock brakes discounts for enhanced safety features. Though missing the good student and bundling discounts, West Bend Mutual provides fundamental savings through the multiple car and safe driving discounts.

Average Cost of Car Insurance in Cedar Rapids

In Cedar Rapids, the average cost of car insurance is $890. This figure sits below the state average cost of car insurance in Iowa, which is $918. However, when comparing to the national average, Iowa's average car insurance cost is considerably less, coming in at $1,720, indicating that Iowans pay $802 less than the national average.

Car insurance rates are influenced by a myriad of factors, of which location is a significant one. Premiums can vary based on state and city due to differences in traffic patterns, accident rates and theft incidents. Within Iowa, Cedar Rapids offers the most affordable option with an average premium of $890. Conversely, Davenport's average sits at $917.

Cedar RapidsAnnual Premium$890
DavenportAnnual Premium$917
Des MoinesAnnual Premium$926

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick 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 knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.