Home insurance in Iowa costs about $172 monthly or $2,067 annually on average. Residents pay $47 less per month, or $567 less annually, than the national average, making it the 26th most affordable in the country.
Average Home Insurance Cost in Iowa
Updated: May 30, 2025
Advertising & Editorial Disclosure
Get Free Iowa Home Insurance Estimates
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — It's free to use, requires no personal information and we won't send you any spam.
0
High
0
Average
0
Low
Rates updated:
Jun 06, 2025
Although MoneyGeek partners with some of the companies we recommend, our content is written and reviewed by an independent team of writers, editors and licensed agents. Learn more about our editorial policies and expert editorial team.
Key Takeaways
Home insurance costs in Iowa range from $1,857 to $33,892, depending on various factors.
Iowa's home insurance premiums are the 26th most affordable in the country, at 22% below the national average.
To find the best home insurance in Iowa, determine your coverage needs, research providers and costs, and gather multiple quotes.
How Much Is Home Insurance in Iowa?
| Iowa Average | $172 | $2,067 | -22% |
| National Average | $220 | $2,635 | 0% |
*These rates represent a home built in 2000 out of frame with $250,000 dwelling, $125,000 personal property and $200,000 liability coverage with a $1,000 deductible.
Average Home Insurance Cost By City
Various risk factors, including your property’s age, weather-related factors and home valuations, change drastically, affecting home insurance costs. For example, the average monthly home insurance cost in Cedar Rapids is around $173; in Des Moines, it’s higher at $185.
| Cedar Rapids | $173 | $2,076 |
| Davenport | $165 | $1,984 |
| Des Moines | $185 | $2,225 |
*These rates represent a home built in 2000 out of frame with $250,000 dwelling, $125,000 personal property and $200,000 liability coverage with a $1,000 deductible.
Why Is Home Insurance so Expensive in Iowa?
Home insurance is expensive in Iowa because of the increasing number of claims, the high risk of severe weather and natural disasters, rising material and labor costs and state insurance laws. Below, we explain each factor in detail.
Rising Claims
Increased claims within a state signal higher risks to insurers, prompting them to raise premiums to cover potential payouts. More claims often equate to more expenses for insurance companies, leading to costlier home insurance policies.
High Weather Risks
Areas with greater exposure to severe weather, such as hurricanes or wildfires, face higher home insurance costs. Insurers adjust premiums upward to mitigate the financial risk associated with frequent or severe weather-related claims.
Rising Material and Labor Costs
As the cost of construction materials and labor rises, so does the cost to repair or rebuild homes. Insurers increase premiums to ensure coverage limits are sufficient to meet the higher costs of potential claims.
State Insurance Laws
State-specific insurance regulations can impact home insurance costs. Mandates on coverage requirements or rate changes can lead to increased premiums if insurers are required to offer more comprehensive policies or adhere to rate adjustments.
What Affects Iowa Home Insurance Costs?
Like for most home insurance companies, regardless of state, pricing is affected by these factors:
- Location
- Coverage chosen
- Home build details
- Provider chosen
- Credit
- Claims history
We've highlighted below how much each factor affects rates specific to Iowa for these major factors.
How Much Does Location Affect Home Insurance Costs?
Location is the biggest factor affecting home insurance rates in Iowa, with rates varying by up to 13%. Weather risks, home value and population density in your area play a major role in determining costs.
| Lowest | Iowa State Remnant Tier Aggregate | $157 | $1,879 |
| Highest | Des Moines | $200 | $2,400 |
How Much Does Coverage Affect Home Insurance Costs?
Coverage choices are the second most influential factor in Iowa home insurance rates, averaging from $1,040 to $6,540 per year. Higher coverage limits and lower deductibles increase premiums, while lower limits and higher deductibles reduce costs.
| Lowest | $100K Dwelling / $50K Personal Property / $100K Liability | 2000 | $87 | $1,040 |
| Highest | $1MM Dwelling / $500K Personal Property / $1MM Liability | 500 | $545 | $6,540 |
How Much Do Home Details Affect Home Insurance Costs?
Home details like age, construction materials and roof type are the third most influential factor in Iowa homeowners insurance rates, averaging from $73 to $197 per month. These factors affect replacement costs and the risk of damage or theft, leading to rate differences.
| Lowest | New | Superior | Tile | $73 | $881 |
| Highest | Old | Frame | Shake-Treated | $197 | $2,366 |
How Much Does the Provider You Choose Affect Home Insurance Costs?
Your choice of insurer is the fourth most influential factor in Iowa home insurance rates, with prices ranging from 29% below to 51% above the state average.
| Lowest | Auto-Owners Insurance | $123 | $1,472 |
| Highest | Allstate | $260 | $3,115 |
How Much Does Credit Affect Home Insurance Costs?
A higher credit score makes you appear more reliable, which can lower your home insurance costs. Premiums vary by up to 144%, with annual average rates ranging from $1,603 to $10,670.
| Lowest | Excellent | $134 | $1,603 |
| Highest | Poor | $889 | $10,670 |
How Much Does Claims History Affect Home Insurance Costs?
In Iowa, claims history has a smaller impact on cost than other factors, affecting rates by up to 15% or $707 annually. Filing more claims increases perceived risk, leading to higher premiums.
| Lowest | Claim free for 5+ years | $172 | $2,063 |
| Highest | 2 claims in past 5 years | $231 | $2,770 |
Tips to Save on Iowa Home Insurance
With rising home insurance costs in Iowa, you need to find ways to save on premiums to buy a home or cut expenses for your current home. Below are some tips to help you find the best and cheapest home insurance in Iowa.
- 1
Find How Much Coverage You Need Beforehand
Determining how much home insurance you need before buying allows you to frame how you search for coverage and avoid being oversold by agents. In addition to standard coverage options, you should also consider if you need add-ons to protect any additional items you own.
- 2
Research Costs and Discounts Beforehand
To know whether you’re actually getting a good deal, you’ll need to understand average costs for you and your home specifically. Also, be sure to ask about all home insurance discounts with agents since insurers are not required to apply some of their reductions unless you ask them for home policies.
- 3
Compare Multiple Providers Through Different Avenues
Compare multiple insurers apples to apples to find the best coverage for your needs. Use various methods, including online comparison sites, brokers, provider websites, and agents, as quotes vary significantly across these channels.
- 4
Consider Bundling Policies
Bundling policies can lead to significant savings. For example, combining home and auto insurance in Iowa can help you save on both policies annually.
- 5
Reduce Your Personal Risk Profile
To get cheaper premiums on your home, consider making improvements like adding storm shutters or home security systems. Also, improving your credit score can decrease premiums drastically. For example, moving from a fair to a good credit score can save you 28% on average.
- 6
See if You Are Eligible for State Programs
Explore state programs that could help you secure affordable coverage. For example, Iowa offers the TFPA policy to insure you if traditional insurers deny you coverage. While TFPA plans don’t offer the same coverage amount as traditional policies, they meet mortgage requirements.
Iowa Home Insurance Calculator: Bottom Line
Home insurance costs vary due to location and coverage level. To secure the best rates, research your needs and average prices, then use our estimate tool to find the best deal.
Homeowners Insurance Calculator Iowa: FAQ
The cost of homeowners insurance in Iowa depends on several factors. To help you estimate your expenses, MoneyGeek answers common questions about home insurance in the state.
How much does homeowners insurance cost in Iowa?
Iowa's average monthly home insurance cost is $172 for a dwelling coverage of $250,000. Your rate will depend on factors like your credit score, liability and property coverage limits, and deductible.
How do I know how much dwelling coverage to get?
Homeowners can estimate their required dwelling coverage by calculating the cost to replace their home after damage, often with help from an appraiser. While this study uses a baseline coverage of $250,000, you can use the MoneyGeek homeowners insurance calculator to find the best coverage limit for your needs.
What factors affect home insurance costs the most?
The biggest factors affecting home insurance costs are your location, chosen coverage level and provider. Your credit score and home details also play a crucial role.
How We Determined Our Iowa Home Insurance Estimates
When determining the average cost of home insurance in Iowa, we used a base profile for a simple estimate consistent with the following:
- $250,000 dwelling coverage
- $125,000 personal property coverage
- $200,000 liability coverage
- Home built year: 2000
- Construction type: Frame
- Roof type: Composition
- $1,000 deductible
- No claims in the past 5+ years
- Fire protection level of 3
However, rates will vary widely depending on factors such as coverage level, provider chosen, the age of the home, other features of the home, insured credit and claims history, among other factors. All other combinations presented in this article assume the home was built in 2000.
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.