Car Insurance in Iowa
Figures updated on
Iowa drivers' costs, the legal minimum and who is cheapest.
- Full coverage costs $94 monthly on average.
- Minimum liability limits: 20/40/15.
- Among the states, it ranks 44th of 51 for cost, where 1st = highest.
Iowa car insurance costs
Iowa drivers with full coverage pay an average of $1,133 a year, or about $94 a month. Policies with only the legal minimum average $427 a year. That figure is 30% lower than the US annual average of $1,613.
| Coverage in Iowa | Per year | Per month |
|---|---|---|
| Liability | $427 | $36 |
| Collision | $339 | $28 |
| Comprehensive | $367 | $31 |
| Full coverage (all three) | $1,133 | $94 |
Source: NAIC 2024 Auto Insurance Database Average Premium Supplement (PDF).
Iowa legal minimum coverage
Iowa sets minimum liability limits of 20/40/15. Each person hurt is covered for $20,000, everyone hurt in one crash for $40,000 and other people's property damage for $15,000.
Iowa applies an at-fault rule. A driver who causes a crash pays using their liability cover.
Insurers must offer uninsured motorist cover in most states, though you aren't required to carry it.
Source: Iowa Insurance Division, Auto.
How many Iowa drivers lack insurance?
In 2023, about 11% of Iowa drivers had no car insurance. This was the 33rd highest share among the 51. If an uninsured driver hits you, uninsured motorist cover pays your bills.
This was first written on .