Iowa Auto Insurance

Posted by Harry Wagner
Iowa Minimum Auto Insurance Requirements
  • Individual Bodily Injury Liability: $20,000
  • Total Bodily Injury Liability: $40,000
  • Property Damage Liability: $15,000

Are you on a mission to find lower Iowa car insurance premiums? If your rising premiums are breaking the bank, now is the time to start shopping for better rates. Believe it or not, staying loyal to an insurance company does not always pay off. While some insurers do offer loyalty discounts, all too often these discounts disappear due to rate increases. If you are tired of falling victim to constant rate increases, now is the time to compare quotes from leading insurers. To make the process easy, enter your zip code at the top of this webpage and use the real-time rate comparison tool that gives you access to unique quotes designed just for you. Here is your guide to Iowa auto insurance so that you build the right policy that suits your needs and your budget:

What Are the Requirements for Auto Insurance in Iowa?

Insurance laws are set on a state level, and the minimum insurance requirements vary from state to state. Iowa has a very strict set of financial responsibility laws that are defined in the Financial & Safety Responsibility Act, and anyone who fails to maintain auto insurance when they are operating a vehicle registered in the state will have their driving and licensing privileges suspended.

To satisfy the financial responsibility laws, you must carry continuous liability coverage as long as your vehicle has tags. The minimum liability insurance requirements in the state are as follows:

  • Bodily Injury Liability: $20,000 per person/ $40,000 per accident
  • Property Damage Liability: $15,000 per accident

As long as you carry the minimum coverage requirements from a company that is licensed to sell auto insurance in IA, you are complying with the state-mandated laws. The state minimums, however, are not designed to protect you in the event of an accident. In addition to purchasing third-party liability coverage, you should consider purchasing optional forms of coverage that will pay for vehicle repairs or injuries that are sustained in an automobile accident. Some additional forms of cover in Iowa include: comprehensive, collision, uninsured motorist, medical payments, rental car reimbursement and roadside assistance.

Tips for Saving Money on Your Car Insurance

You may be shopping for cheap car insurance in IA, but you do not have to sacrifice protection just to save money. As you are retrieving Iowa auto insurance quotes, it is important to include coverage options that you need while you are behind the wheel. Here are some money-saving tips to keep in mind that do not involve lowering coverage limits:

  • Compare shop before your renewal comes due. By comparison shopping, you can see which insurance company offers the best rates to drivers in your demographic.
  • Take an approved voluntary driver safety training course and receive a discount for 3 years.
  • Insure all of the household vehicles with the same company to receive multi-car discounts and extra vehicle ratings.
  • Purchase property insurance from the same carrier, if possible, to receive a multi-line discount. This could save you up to 30% off of your home insurance and up to 25% off of your car insurance premiums.

Finding affordable auto insurance in Iowa does not have to be a burden or a hassle. By using the online rate comparison tool at the top of this page, you can save hundreds of dollars. Start entering your information, compare premiums, and save money in a matter of minutes by being resourceful.