Iowa Auto Insurance Policy Requirements

Q: What is in a basic Iowa auto insurance policy?
A: The main types of auto insurance that may make up your Iowa auto insurance policy include:

  1. Liability Coverage
    1. Property damage and bodily injury are addressed separately in liability insurance:
      1. Bodily Injury Liability Coverage
      2. Property Damage Liability Coverage
    2. Iowa law requires a minimum of liability. To legally drive in Iowa, along with having a valid driver’s license, this minimum liability coverage must be included in your auto insurance policy:
      1. 20/40/15” (Iowa’s minimum auto insurance requirement)
      2. $20,000 for death/injury to one person.
      3. $40,000 for death/injury to more than one person.
      4. $15,000 for damage to property.
    3. Leased vehicles require a different liability minimum.
  2. Collision Coverage on Iowa auto insurance policies is only mandatory if your vehicle is financed. If your vehicle is no longer financed, then collision is merely a recommended addition.
  3. Comprehensive Coverage on Iowa auto insurance policies is only mandatory when the vehicle is still financed. Otherwise, this kind of coverage is optional for an Iowa auto insurance policy.
  4. Medical Payments Coverage is suggested but not required for an Iowa auto insurance policy.
  5. Uninsured (and Underinsured) Motorist Coverage is another optional – although certainly recommended – insurance option in Iowa.
  6. Personal Injury Protection (PIP) Coverage is not mandatory for an Iowa auto insurance policy.
  7. Other Options
    1. Towing Coverage
    2. Rental Coverage
    3. Loan/Lease Gap Coverage
Q: Is Iowa a No-Fault state?
A: Iowa is not a no-fault state.

Q: How can I get a discount on a Iowa auto insurance policy?
A: Most auto insurance companies offer discounts, and you may qualify. We have compiled a list of auto insurance discounts for further information.

Q: Where can I find more information about Iowa auto insurance?
A: There are several online resources for Iowa insurance information:
  1. Iowa Insurance Resources
    1. The Iowa Motor Vehicles Division (MVD) provides driver services such as license issuance and vehicle registration. The site includes information on Iowa’s Motor Vehicle Financial Responsibility Law.
    2. The Iowa Insurance Division (IID) aims for fair, flexible, and positive regulation of the insurance industry and provides consumer protection and education of insurance practices.
  2. National Insurance Resources

CLICKinsure is ready to provide you with assistance in finding auto insurance in the state of Iowa. Though its known as the “Tall Corn State”, we know that Iowa’s highlights extend beyond its lush farmlands to the rushing Missouri River, historic Dubuque, the Lewis & Clark National Historic Trail, gently rolling plains, and the cultural center of Des Moines. Wherever you reside, we can help you find insurance coverage in Cedar Rapids, Sioux City, Waterloo, Iowa City, Council Bluffs, Dubuque and any of Iowa’s 99 counties.