Travelers provides Iowa's most affordable car insurance, with monthly rates of $28 for minimum coverage and $66 for full coverage. Choosing Travelers saves drivers $20 monthly, or 30% compared to state averages. Get quotes from Progressive, GEICO, State Farm and Auto-Owners too.
Cheapest Car Insurance in Iowa
Updated: August 6, 2025
Advertising & Editorial Disclosure
Key Takeaways
The cheapest car insurance companies in Iowa for most drivers are Travelers, Progressive and GEICO, offering average savings of up to 30%.
Car insurance costs can be as low as $28 monthly for minimum coverage and $66 for full coverage policies on average in Iowa.
To get the cheapest car insurance in Iowa, research average costs and top companies, take advantage of discounts and compare multiple provider quotes.
Who Has the Cheapest Car Insurance in Iowa?
| Travelers | $28 | $66 | -30% |
| Progressive | $21 | $78 | -26% |
| Geico | $29 | $78 | -20% |
| State Farm | $20 | $91 | -18% |
| Auto Owners | $28 | $86 | -15% |
*These rates are for a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state.
LEARN MORE ABOUT THE BEST CHEAP CAR INSURANCE IN IOWA
We've created additional guides below to help you in your search for the best and cheapest car insurance in Iowa:
Best Car Insurance Rates by Category in Iowa
State Farm and Travelers each lead in three out of our 10 driver categories, with State Farm offering the cheapest rates for high-risk drivers and Travelers providing the most affordable coverage for young and adult drivers. Find your specific rates in the table:
| Young Drivers | Travelers | $62 |
| Adult Drivers | Travelers | $28 |
| Senior Drivers | Progressive | $27 |
| Drivers With An Accident | State Farm | $23 |
| Drivers With A DUI | State Farm | $21 |
| Drivers With A Speeding Ticket | State Farm | $21 |
| Drivers With Bad Credit | IMT Insurance | $55 |
| Drivers With Low Income | IMT Insurance | $40 |
| Drivers With Newer Cars | Travelers | $28 |
| Drivers With Old Cars | Auto Owners | $19 |
*Rates for the categories above are based on a profile of a 40-year-old with good credit, a clean driving record and a 2012 Toyota Camry across all ZIP codes in the state. Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Compare the Cheapest Car Insurance in Iowa for You
The tables above show overall winners, but your cheapest option depends on your specific situation. For example, IMT offers the lowest rates at $183 monthly for adult drivers with poor credit and an accident record who want full coverage. Filter the table to match your exact situation:
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Gender:Female
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Coverage Level:100/300/100 Full Cov. w/$1,000 Ded.
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Credit Alignment:Below Fair
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Driving Record:At Fault Accident ($1000-$1999 Prop Dmg)
| IMT Insurance | $183 | $2,198 | -48% |
| Auto Owners | $227 | $2,723 | -35% |
| Grinnell Insurance | $240 | $2,878 | -31% |
| Travelers | $282 | $3,388 | -19% |
| Farm Bureau | $357 | $4,289 | 2% |
*Young drivers refer to 16 to 25-year-olds, adults 26 to 64-year-olds and seniors 65+ years of age.
Cheapest Car Insurance in Iowa by City
Where you live in Iowa affects your insurance costs based on local crime, accidents and traffic density. Progressive charges as little as $15 in Clarion but Travelers charges $34 in Crescent. Here are the cheapest providers for every Iowa city:
Data filtered by:Results filtered by:
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City:Ackley
| Ackley | Progressive | $16 | -36% |
*The lowest rate referenced is for a minimum coverage policy for a 40-year-old with good credit and no driving violations.
Cheapest Car Insurance in Iowa By Driver Age Group
We analyzed car insurance rates across Iowa for three age groups: young drivers (16 to 25), adult drivers (26 to 64) and seniors (65+). Here are the providers that offer the best deals:
- Travelers offers the lowest rates for young drivers at $62 per month
- Adult drivers can find the best rates with Travelers at $28 per month
- Progressive provides seniors the most affordable coverage at $27 per month
Cheapest Car Insurance For Young Drivers in Iowa
State Farm offers young drivers in Iowa the lowest minimum coverage rates at $47 monthly, saving 44% compared to the state average. For full coverage policies, Travelers provides the most affordable option at $146 per month, with savings of 34% below the state average.
Data filtered by:Results filtered by:
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
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Driving Record:Clean
| State Farm | $47 | $568 | -44% |
| Progressive | $57 | $688 | -32% |
| Travelers | $62 | $746 | -26% |
| Farm Bureau | $69 | $825 | -18% |
| Auto Owners | $72 | $861 | -15% |
Cheapest Car Insurance For Adult Drivers in Iowa
Travelers offers Iowa residents the most affordable car insurance, with minimum liability coverage at $28 per month and full coverage at $66 monthly.
Data filtered by:Results filtered by:
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coverage_user_friendly:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
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Driving Record:Clean
| State Farm | $19 | $231 | -42% |
| Progressive | $20 | $242 | -40% |
| Farm Bureau | $26 | $312 | -22% |
| Auto Owners | $27 | $328 | -18% |
| Travelers | $28 | $340 | -15% |
Cheapest Car Insurance For Senior Drivers in Iowa
Progressive offers Iowa seniors the lowest rates for both full and minimum coverage insurance, with annual premiums of $985 and $304 respectively.
Data filtered by:Results filtered by:
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
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Driving Record:Clean
| State Farm | $25 | $304 | -47% |
| Progressive | $27 | $321 | -44% |
| Farm Bureau | $40 | $475 | -18% |
| Travelers | $41 | $486 | -16% |
| Geico | $42 | $509 | -12% |
Cheapest Car Insurance For High-Risk Drivers in Iowa
We studied four core areas for profiles insurers consider particularly high-risk in Iowa including those with bad credit, DUIs, accidents and speeding tickets. Here are the providers that offer the best rates for each group:
- Cheapest for Bad Credit: IMT Insurance (From $135/mo)
- Cheapest With a DUI: State Farm (From $95/mo)
- Cheapest With an Accident: State Farm (From $99/mo)
- Cheapest With a Speeding Ticket: State Farm (From $95/mo)
Cheapest Car Insurance For Bad Credit in Iowa
IMT Insurance offers Iowa drivers with poor credit the lowest rates for car insurance. Drivers can get minimum liability coverage starting at $740 per year, while full coverage policies begin at $1,673 annually.
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Age Group:Adult Drivers
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Driving Record:Clean
| IMT Insurance | $62 | $740 | -52% |
| Farm Bureau | $88 | $1,060 | -32% |
| Grinnell Insurance | $93 | $1,116 | -28% |
| Geico | $111 | $1,331 | -14% |
| Auto Owners | $115 | $1,381 | -11% |
Cheapest Car Insurance With a DUI in Iowa
State Farm stands out as the most affordable option for Iowa drivers with DUIs, with Progressive ranking as the second-best choice for cost savings. Annual premiums start at $251 with State Farm and $308 with Progressive.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
| State Farm | $21 | $251 | -65% |
| Progressive | $26 | $308 | -57% |
| Travelers | $40 | $482 | -33% |
| Farm Bureau | $53 | $638 | -11% |
| Geico | $60 | $720 | 1% |
Cheapest Car Insurance With an Accident in Iowa
Iowa drivers with an accident on their record can find the most affordable coverage through State Farm. The company's monthly premiums start at $23, with annual rates of $273 for state minimum liability coverage.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Coverage Level:State Minimum Liability Only
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Gender:Male
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Credit Alignment:Good
| State Farm | $23 | $273 | -51% |
| Progressive | $32 | $388 | -30% |
| Auto Owners | $37 | $450 | -19% |
| Travelers | $38 | $456 | -18% |
| Farm Bureau | $41 | $495 | -11% |
Cheapest Car Insurance With an Speeding Ticket
Iowa drivers with speeding tickets can find the lowest rates through State Farm. The provider offers minimum coverage at $251 per year and full coverage at $1,099 annually, making it the most budget-friendly option for those with traffic violations.
Data filtered by:Results filtered by:
Select
Age Group:Adult Drivers
Select
Coverage Level:State Minimum Liability Only
Select
Gender:Male
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Credit Alignment:Good
| State Farm | $21 | $251 | -50% |
| Progressive | $26 | $315 | -38% |
| Farm Bureau | $31 | $376 | -26% |
| Travelers | $35 | $423 | -16% |
| Geico | $39 | $468 | -7% |
How to Get the Cheapest Car Insurance in Iowa
Comparing prices alone won't get you the lowest rates in Iowa. Here are proven ways to save the most on auto insurance.
- 1
Compare Multiple Providers Through Various Means
Compare quotes from multiple providers on our list, since our estimates may vary from provider-provided pricing. Your quotes will also vary depending on your method of getting them, such as captive agents, independent agents, comparison sites and provider websites.
- 2
Decide on Your Coverage Needs Before Buying
Knowing what coverage you need helps you avoid paying for unnecessary add-ons while ensuring adequate financial protection.
- 3
Choose to Get a Lower Coverage Amount if Appropriate
Depending on how much car insurance you need and what you can afford, lowering your coverage level and deductibles if you want full coverage can save you money. However, evaluate your risk based on your finances, driving habits, where you live and even your vehicle before doing this.
- 4
Research Costs and Take Advantage of Discounts
Researching average auto insurance costs for your specific profile gives you a measuring stick for how much you'll be saving. Look also into discounts you qualify for and compare home and auto insurance bundle prices and other policy type combinations to get the best deal.
- 5
Consider Auto Insurance Alternatives
Traditional auto insurance isn't your only option; alternative policies exist. For example, pay-per-mile car insurance charges are based on how much you drive, and telematics insurance tracks driving behaviors to determine your pricing or provide a discount if it's just a separate program. Also, look into your automaker's insurance program if it has one to see if you can get lower rates than with a regular provider.
- 6
Improve Your Risk Profile
Improving your credit and practicing safe driving habits can lead to lower rates overall, making car insurance and other insurance much more affordable.
- 7
Get a Cheaper Car to Insure
If you're in the market, getting an older and cheaper car to insure will save you money on your coverage. Reliable cars also cost less to repair, which lowers your insurance rates.
Risks of Getting the Cheapest Car Insurance in Iowa
Iowa requires drivers to carry liability insurance with minimum limits of 20/40/15. Your policy must provide $20,000 for injuries per person, $40,000 total for injuries per accident and $15,000 for property damage coverage. But minimum coverage leaves you exposed to major financial risks:
Vehicle damage if you're at fault won't be covered
Without collision coverage, you'll pay all repair costs if you cause an accident. In Iowa, average property damage claims hit $4,800 in 2023, according to the Insurance Information Institute. That money comes straight from your pocket with minimum coverage. Add collision coverage to protect against expensive repairs.
Weather risks make damage to your car more likely and aren't covered
Iowa gets hit with severe weather that damages cars regularly. National Centers for Environmental Information data shows severe storms caused significant property damage across Iowa in 2023, with the state located in Tornado Alley. Basic coverage won't pay for weather damage. Add comprehensive coverage to protect against Iowa's frequent storms, hail and flooding.
Bodily injury damage is more likely to be higher than the minimum limits
Iowa's minimum bodily injury liability limit of $20,000 per person falls below typical injury costs. Average bodily injury claims in Iowa reached $18,900 in 2023. With rising medical costs, claims increasingly exceed state minimums. Consider increasing your liability limits to 50/100/50 for better protection against costly injury claims.
Not having uninsured motorist coverage opens you up to unexpected costs
Iowa has an uninsured driver problem, with 11.3% of drivers lacking insurance. If an uninsured driver hits you, you'll face steep out-of-pocket costs without uninsured motorist coverage. Legal action against uninsured drivers rarely recovers damages. Adding uninsured motorist coverage provides essential financial protection in these common scenarios.
Vehicle theft damage is more likely and uncovered
Car theft is a real problem in Iowa, according to National Insurance Crime Bureau statistics, with rates 13% above the previous year. Without comprehensive coverage, you get nothing if your car's stolen or damaged during a theft. The average stolen car claim tops $9,000, so comprehensive coverage is worth it in high-risk areas.
Cheap Car Insurance in Iowa: Bottom Line
Travelers offers the lowest car insurance rates in Iowa for most drivers and coverage types, according to our analysis. While the cheapest option is tempting, don't make price your only factor. Get as much coverage as you can afford to protect your finances when accidents happen.
Cheap Car Insurance in Iowa: FAQ
Below, we answer common questions about finding affordable car insurance in Iowa based on our extensive research.
What are the cheapest car insurance companies in Iowa?
Travelers leads Iowa's market with competitive rates of $336 annually for minimum coverage and $790 for full coverage. Progressive, Auto-Owners, State Farm and GEICO also provide budget-friendly insurance options for Iowa drivers.
Who has the cheapest car insurance rates for young drivers in Iowa?
Travelers provides the most budget-friendly coverage for young drivers in Iowa, with monthly premiums starting at $62.
Who offers the cheapest car insurance rates for seniors in Iowa?
Senior drivers in Iowa can get excellent rates from Progressive, which offers policies for those aged 65 and up starting at $27 per month.
Who has the cheapest car insurance in Iowa for bad credit?
IMT Insurance provides the most affordable rates for bad-credit drivers in Iowa, with monthly premiums averaging $55 for minimum coverage and $135 for full coverage.
Who has the cheapest car insurance in Iowa with an accident?
State Farm offers the lowest rates for Iowa drivers with accident records, starting at $23 per month for minimum coverage and $99 for full coverage.
Who has the cheapest car insurance in Iowa with a DUI?
State Farm provides the cheapest car insurance after a DUI in Iowa, with rates of $21 monthly for minimum coverage.
Who has the cheapest car insurance in Iowa for those with a speeding ticket?
State Farm offers the most budget-friendly rates for drivers with a speeding ticket, charging $21 monthly for minimum coverage and $95 for full coverage.
Should you buy the cheapest car insurance in Iowa?
Buying the cheapest insurance saves money upfront, but you need enough coverage to protect against major losses. Travelers balances low prices with solid coverage options in Iowa.
How We Found the Most Affordable Car Insurance in Iowa
MoneyGeek collected auto insurance data from the Iowa Department of Insurance and Quadrant Information Services. We analyzed quotes from 12 major insurers and reviewed more than 200 million rate comparisons across every residential ZIP code in Iowa.
Iowa Driver Profile
Our analysis started with a standard driver profile to find the cheapest rates:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
- Good credit
- Valid license
- Currently insured
- No claims history
We adjusted this sample profile, as specified, to find the cheapest option for various driver backgrounds.
Standard Coverage Levels in Iowa
We compared car insurance companies in Iowa that offer minimum and full coverage policies. We set the limits of the minimum coverage car insurance policy to the minimum amount required by law in Iowa.
The minimum coverage liability limits in Iowa are:
- $20,000 per person for bodily injury
- $40,000 per accident for bodily injury
- $15,000 per accident for property damage
For full coverage policy rates, we used the following liability limits:
- $100,000 for bodily injury liability per person
- $300,000 for bodily injury liability per accident
- $100,000 for property damage liability
- Comprehensive and collision coverage with a $1,000 deductible
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Insurance Information Institute. "Facts + Statistics: Auto Insurance." Accessed August 16, 2025.
- Insurance Information Institute. "Facts + Statistics: Uninsured Motorists." Accessed August 16, 2025.
- National Centers for Environmental Information. "Climate at a Glance ." Accessed August 16, 2025.
- National Insurance Crime Bureau. "Auto Thefts Continue to Rise Across the US." Accessed August 16, 2025.