Iowa Car Insurance
Iowa is known by many names including the "American Heartland," the "Hawkeye State" and the "Food Capital of the World," but what some may not know is that they have some of the lowest, if not the lowest, car insurance premiums in the nation. The state of Iowa offers residents and visitors a diverse economy, culture and landscape. The state markets itself as a cultural destination, home to the Iowa Writers' Workshop, Landlocked Film Festival and Iowa City is the first United States "City of Literature." To travel to these cultural events via personal transportation the state law requires that each vehicle have adequate auto insurance coverage. Drivers can easily find the Iowa car insurance quote that fits their budget with the use of the Internet.
There is plenty to see and do in Iowa (IA) whether you are visiting Des Moines, the state capital, or Iowa State University in Ames. Some of the state's attractions include the Des Moines Botanical Center, annual state fair, World Food Festival and the Reiman Gardens. The mix of agriculture, manufacturing, biotechnology and green energy production make its three million occupants glad to call it home. It is also been listed as one of the safest states in which to live. Having the appropriate car insurance allows people in Iowa to take full advantage of what their state has to offer. Whether it is the Herbert Hoover National Historic Site, you want to visit or relatives in Davenport, Cedar Rapids or Sioux City, Iowa, you will need a car that has Iowa approved coverage to get there.
It is rare to find a state that does not have car insurance laws per se, but Iowa does not. However, if a driver is involved in an accident that causes damages over $1,000 and cannot immediately show proof of financially responsibility, his or her license can be suspended. One of the quickest ways to show financial responsibility is by having an coverage card proving that the auto is covered. The standard auto insurance quotes for the state covers a driver for bodily injury for one person, bodily injury for more than one person and property damage liability. The 20/40/15 system is broken down into $20,000 for bodily injury liability for one person, $40,000 for bodily injury liability for more than one person and $15,000 for property damage. Liability coverage only provides protection for an accident in which you are at fault and offers the bare minimum of car insurance protection. Iowa follows a Tort system meaning someone must be found at fault for causing the accident, and that person and his or her company is responsible for all damages accrued as a result.
Average Iowa Car Insurance Premiums
Auto insurance premiums for Iowa residents averaged less than what residents in the remaining 49 states had to pay. In the year 2004, car insurance premiums averaged $579.95, a slight decrease from 2003 when it was $580.54. That average is based on liability coverage of $302.61, collision of $209.86 and a comprehensive average of $173.55. In 2006, the average Iowa car insurance premium of $536, well below the national average at the time, which was $817. Being among the lowest premiums is a trend the state has held for a long time. In 2000, the Iowa car insurance premiums averaged $478.75 and in 2001, they averaged $512.66. Only in 2003, was the state of Iowa beat out by two states, instead of one, when it came to low car insurance premiums for its residents.
It is always a good idea for drivers to shop around for car insurance quotes online in order to compare rates with various companies quickly, easily and most of all conveniently. Every driver is different and every car insurance company offers a different rate. By using side-by-side comparisons through online shopping, the driver can find the best coverage to fit their individual needs. Every auto insurance company seems to boast of the cheapest car insurance quotes, but comparison-shopping is to the driver's advantage. Make sure to research the company, its handling of claims and the treatment of customers. If you are an Iowa resident and believe that you are paying too much for your car insurance, you just might be. Since the Iowa car insurance premiums are rising, now is the time to find the rate that is financially feasible.
Additional Iowa Car Insurance Coverage
Additional coverage can be discussed with your online car insurance representative when you receive your car insurance quote. Coverage including collision, personal injury protection, comprehensive physical damage and uninsured motorist policies will increase your premium rates, but can potentially save you financially in the long one. For example, if you are involved in an accident and the other driver does not have auto insurance, a general liability policy will not cover the accident and you may end up footing the bill yourself - both medical and mechanical. If your vehicle has a lien on it or something similar, you may be required to purchase full coverage since you are still making payments. Car companies, banks and lenders see this as a way of protecting their investment and you are protecting yours as well.
Comprehensive/collision coverage pays for repairs to the vehicle of the insured if they are found to be at fault for an accident, where as liability only cover the costs of the other driver. If the vehicle is beyond repair, or totaled, then the auto insurance coverage will allow the driver to be reimbursed at the vehicle's full blue book value. Liability coverage does not allow for this. Just as it is a good idea to think of comprehensive coverage, you should think about carrying uninsured/underinsured coverage if you are an Iowa resident buying auto insurance. This type of coverage will provide medical expenses and repairs to your vehicle if you are involved in an accident where the other driver does not carry a liability policy or whose policy is insufficient to cover the amount of damage. Learning what type of coverage you need is convenient when you compare car insurance premium rates online.
While adding additional types of coverage will cause your car auto insurance quote to rise, there are other factors that may also cause an increase. Iowa car insurance companies factor a person's online car insurance quote by using things that are beyond a driver's control, and things within them. Gender and age are both out of the hands of an individual, but do play a role in auto insurance premium rates. Traffic statistics show that men, on average, are involved in more automobile accidents than are women. Therefore, some men may have a higher car insurance premium rate. Age groups are another factor. People with teenagers on a policy may have a higher rate. Location of the vehicle is also taken into consideration given the amount of other cars on the road. If you are driving in one of the state's larger cities, such as Waterloo, you may have a higher rate than if you were in a rural area such as Dallas or Polk, IA. Keep these factors in mind when you are discussing your car insurance quote online or over the phone with an Iowa car insurance representative. Comparing types of coverage is quick to do online when you shop for an Iowa car insurance quote. It's convenient and fast to build a plan that fits your driving needs and all the people on your plan.
So what are you waiting for? Compare cost and coverage details from the Iowa cities of: Des Moines, Davenport, Moline, Rock Island, Cedar Rapids, Waterloo, Cedar Falls, Sioux City, Iowa City, Ames, Boone, Burlington, Clinton, Dubuque, Fort Dodge, Keokuk, Fort Madison, Marshalltown, Mason City, Muscatine, Newton, Oskaloosa, Ottumwa, Spencer, Spirit Lake, Storm Lake and more...