Best Homeowners Insurance in Iowa (2024)


Auto-Owners stands out as the top home insurance company in Iowa, tailored to cater to varied individual needs. Our analysis leveraged a $100,000 dwelling coverage benchmark to gather quotes. The appropriate dwelling coverage level is crucial to determining your premium; understanding this is paramount.

Moreover, MoneyGeek also examined the cheapest home insurance in Iowa, focusing on budget friendliness without compromising service quality.

MoneyGeek Logo IconBest HomeInsuranceIowa
2024

Why Trust MoneyGeek? Our research utilizes information from the Iowa Department of Insurance and Quadrant Information Services, pinpointing top homeowners insurance for Iowa residents.

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Home insurance rates in Iowa represent the latest quotes as of July 2024.

1,036,800Quotes Analyzed
 
8Companies Compared
 
9ZIP Codes

Overall Best Homeowners Insurance in Iowa

Discover that Auto-Owners offers the best home insurance in Iowa, according to an evaluation by MoneyGeek. These rankings highlight Iowa's premier home insurance providers. Take a look at the best overall homeowners insurance providers in Iowa below.

  • Auto-Owners: MoneyGeek score of 99 out of 100 ($837 per year)
  • American Family: MoneyGeek score of 93 out of 100 ($857 per year)

In Iowa, homeowners have a myriad of options with differing cost and service experiences.

Best Overall
MoneyGeek Score:
99/ of 100

Overview

In Iowa, Auto-Owners Insurance scores best in affordability, with an annual premium of $837. Consider the guaranteed replacement cost, which provides full home rebuilding costs, regardless of policy limits. Additionally, the equipment breakdown coverage offers protection against mechanical failures that home warranties might not cover.

Best Homeowners Insurance in Iowa for Customer Service

Auto-Owners is the top pick for providing the best home insurance in Iowa based on service quality. The providers highlighted below represent the finest in Iowa, showcasing exceptional service quality that sets the precedent for homeowners insurance.

  • Auto-Owners: MoneyGeek score of 97 out of 100 ($837 per year)
  • American Family: MoneyGeek score of 87 out of 100 ($857 per year)

Valuing service quality in a home insurance provider is key for homeowners seeking reliable and responsive support, especially during stressful times such as after a damaging storm.

Best for Service
MoneyGeek Score:
97/ of 100

Overview

Auto-Owners Insurance delivers exceptional service in Iowa, reflected in their impressive customer satisfaction score of 62 out of 65. Homeowners can expect a high-quality experience at an average annual premium of $837.

Building ordinance or law is an add-on coverage that adapts your home to meet current building codes during repairs, which can be critical after a loss. Equipment breakdown coverage protects against sudden malfunctions, ensuring homeowners aren't out of pocket for essential appliances or system repairs.

Best Cheap Homeowners Insurance in Iowa

Auto-Owners tops the list for budget-conscious homeowners. Below are the best and cheapest homeowners insurance providers in Iowa tailored for those on a budget.

  • Auto-Owners: MoneyGeek score of 99 out of 100 ($837 per year)
  • American Family: MoneyGeek score of 94 out of 100 ($857 per year)

Auto-Owners Insurance has an exceptional affordability score of 75 out of 75. While searching for the average cost of home insurance in Iowa, consider that the cheapest premiums don't always equate to the best service. Opting for a provider that offers a balance between cost and service is crucial. For instance, a company with a higher premium may offer better assistance during a claim, making a stressful situation easier.

Company logo for Auto-Owners Insurance
Best CheapAuto-Owners Insurance
MoneyGeek Score:
99/ of 100

Overview

Auto-Owners Insurance in Iowa boasts a perfect affordability score of 75, with an average annual premium of $837. Homeowners on a budget will find this blend of value hard to beat.

Homeowners can save even more thanks to a range of available discounts, including Bundle and Protective Device discounts, which offer savings for bundling policies and installing safety devices, respectively. Guaranteed Replacement Cost coverage ensures your home's full rebuilding cost, while Scheduled Personal Property provides extra protection for valuable items.

Best Homeowners Insurance in Iowa for Expensive Homes

Auto-Owners is the top choice in Iowa for homeowners with expensive homes. These providers ensure the best coverage, including up to $1 million in dwelling coverage, for high-end properties.

  • Auto-Owners: MoneyGeek score of 96 out of 100 ($4,582 per year)
  • American Family: MoneyGeek score of 92 out of 100 ($4,425 per year)

Auto-Owners boasts an affordability score of 52 out of 55. Premiums for luxury homes can be higher due to increased coverage needs. Hence, it's critical to choose an insurer that delivers a mix of great price and service.

Best for Expensive Homes
MoneyGeek Score:
96/ of 100

Overview

Auto-Owners Insurance is the leading provider of home insurance for expensive homes in Iowa, with an affordability score of 52 out of 55. Homeowners can expect an average annual premium of $4,582.

Expensive homes can benefit from additional savings, such as the protective device discount, which offers savings for installed safety features like smoke detectors and security systems, helping reduce the cost of necessary broader coverage. Auto-Owners offers a variety of add-on coverages for added protection.

Best Homeowners Insurance in Iowa for New Homes

Auto-Owners offers the best home insurance in Iowa for those with new homes. Take a look at the best and cheapest homeowners insurance providers in Iowa for those with new homes below.

  • Auto-Owners: MoneyGeek score of 94 out of 100 ($1,311 per year)
  • Nationwide: MoneyGeek score of 83 out of 100 ($1,112 per year)

With an affordability score of 49 and a perfect service score of 30, Auto-Owners Insurance provides Iowa homeowners with an excellent balance of cost and service for new homes.

Best for New Homes
MoneyGeek Score:
94/ of 100

Overview

Auto-Owners Insurance rises as the optimal home insurance provider for Iowa's new homeowners, with an average annual premium of $1,311. Home insurance savings come through unique perks, like the responsible payment discount, rewarding consistent timely payments and the automatic backup generator discount, benefiting those who proactively mitigate power loss risks.

Best Homeowners Insurance in Iowa for Veterans

For veterans and military members in Iowa, Auto-Owners stands out with the highest MoneyGeek score. Offering tailored coverage, their policy comes with an impressive annual premium of $837. Explore the best and cheapest homeowners insurance providers in Iowa for veterans and military families below:

  • Auto-Owners: MoneyGeek score of 88 out of 100 ($837 per year)
  • USAA: MoneyGeek score of 84 out of 100 ($1,163 per year)

The ideal homeowners insurance for veterans appreciates the particular challenges they face, including the possibility of frequent moves and deployment. This understanding is key to ensuring their home and possessions are fully protected, regardless of the circumstances. Visit homeowners insurance for veterans for more information.

Best for Veterans
MoneyGeek Score:
88/ of 100

Overview

Auto-Owners excels as the top home insurance choice for veterans in Iowa, with an affordability score of 55 out of 55 and a customer claims satisfaction rate of 18 out of 30, accompanied by an average annual premium of $837.

Veterans may appreciate Auto-Owner's reasonably rare discounts for responsible payment, which rewards a history of on-time payments, and a discount for having an automatic backup generator, which ensures readiness and protection against power outages.

How to Find the Best Homeowners Insurance in Iowa for You

Your choice in homeowners insurance should be tailored to satisfy your specific coverage requirements and financial constraints. The following steps will guide you in securing the homeowners insurance that best fits your unique needs.

1
Assess Your Insurance Needs

Determine the extent of protection you require for your dwelling and possessions. Begin by taking an inventory of your home's contents, its replacement costs and any unique valuation considerations. A thorough understanding will guide you in determining how much home insurance coverage you need.

2
Research Various Providers

Embark on evaluating prospective insurers. Look into their financial strength, customer service reputation and any endorsements or complaints. Read reviews and gather first-hand accounts if possible.

3
Compare Coverage and Costs

Once you've identified potential insurers, analyze the specifics of their policies. Examine deductibles, coverage types and exclusions. Equally important is to investigate the rates — compare home insurance quotes to find competitively priced options that don't compromise on your coverage needs.

4
Understand the Policy Details

Make sure you're conversant with the terms of your policy, such as actual cash value vs. replacement cost, and understand how claims are processed.

5
Consult with an Independent Agent

For tailored guidance, engage with an independent insurance agent. They can assist in finding a match for your unique requirements. Their expertise can be invaluable in navigating the complexities of homeowners insurance, ensuring you make the best decision for your home.

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DOES HOME INSURANCE COVER FLOOD DAMAGE IN IOWA?

Flood insurance is not mandated for Iowa homeowners by law. Still, obtaining flood insurance in Iowa can be a wise investment for those in flood-prone areas.

FAQ: Homeowners Insurance in Iowa

Selecting the best homeowners insurance provider in Iowa is a personal choice, tailored to your unique coverage needs and budget. To aid in your decision-making, here are some frequently asked questions about Iowa's top homeowners insurance options.

Which insurance company is best for home insurance in Iowa?
Who has the most affordable homeowners insurance in Iowa?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He 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.