- Iowa Homeowners Insurance
- Iowa Homeowners Insurance: Rates by Company
- Iowa Homeowners Insurance: What does Homeowners Insurance cover?
- Iowa Homeowners Insurance: Which companies offer it?
- Iowa Homeowners Insurance- Rating factors
- Iowa Homeowners Insurance: Bundling Options
- Iowa Homeowners Insurance: Best Rates by company
- What is the average cost of homeowners insurance in Iowa?
- Iowa Homeowners Insurance: Best Rated Homeowners Insurance Companies
- Discounts available for Homeowners Insurance in Iowa
- Iowa Homeowners Insurance: Frequently Asked Questions
- Iowa Homeowners Insurance: Find Homeowners Information from Another State
- What We Do at A Plus Insurance
Iowa Homeowners Insurance: Rates by Company
Here’s an average of what you can expect when shopping for a homeowners insurance policy. These are the averages for these companies who can provide homeowners insurance for your home.
| Insurance Company | Homeowners ($250,000) |
|---|---|
| American International | $1,530 |
| Travelers Companies Inc. | $1,345 |
| Chubb | $1,322 |
| American Family Insurance | $1,425 |
| Farmers Insurance Group | $1,470 |
| MetLife Inc. | $1,315 |
| Nationwide Mutual | $1,284 |
| Allstate | $1,534 |
| State Farm | $1,391 |
| USAA | $1,534 |
| Auto-Owners Insurance | $1,293 |
| Erie Insurance | $1,483 |
| Hartford Financial Services | $1,402 |
If you have invested in a new home, you need to take the steps to protect it. We know it is difficult to find the best rates, best insurance company, etc. so we did some shopping for you!
Iowa Homeowners Insurance: What does Homeowners Insurance cover?
Homeowners insurance will cover losses that are caused by “covered perils” according to the NAIC. It’s important to know what are considered covered perils, and what are NOT.
Your Iowa homeowners insurance policy will cover several things. The dwelling coverage protects the actual structure of your home, like the walls and the roof. Personal property coverage protects your belongings inside your home, like furniture. Other structures provides coverage for buildings that are not attached to your home, like a shed. Liability protection defends you if a person sues you for personal injury or if you damage something on another person’s property. Additional living expenses cover expenses like lodging and food if your home is unlivable after a covered loss.
Learn More Here About Damage Causes that are Covered by a Homeowners Insurance Policy
Iowa Homeowners Insurance: Which companies offer it?
Some of the best rated companies for 2022 are Allstate Insurance, State Farm Insurance, Geico Insurance, Travelers Insurance, USAA Insurance, and Liberty Mutual Insurance! Allstate is one of the largest insurance providers in the nation and has a superior rating and reputation among its customers. State Farm is also a large insurance provider and offers coverage in all 50 states. Geico does not write its own homeowners policies, they partner with other providers to provide inexpensive coverage to its customers.
Here is the list of companies that offer homeowners insurance in Iowa. The best companies giving you the peace of mind in coverage for your home.
| Company | Homeowners Offered |
| Nationwide | yes |
| Travelers | yes |
| MetLife Inc. | yes |
| American International | yes |
| Farmers Insurance | yes |
| Auto-Owners | yes |
| Hartford | yes |
| USAA | yes |
| Progressive | yes |
| Liberty Mutual | yes |
| American Family | yes |
| Chubb | yes |
| State Farm | yes |
| Allstate Corp. | yes |
Iowa Homeowners Insurance- Rating factors
Many people wonder why some ratings factors exist in homeowners insurance. Let’s discuss why your dog breed is a factor in whether or not a company will choose to insure you, or increase your insurance premiums. If you own what is considered an aggressive dog breed, this increases your liability. An insurer will see this as a high risk and some will either deny coverage all together and then some will charge a higher premium to take on the higher risk.
Here are some factors that are considered when your homeowners insurance premium is being calculated.
| Homeowners Insurance Rating Factors |
|---|
| Credit history |
| Dog breed |
| Value of home Replacement cost |
| Roof condition |
| Insurance score |
| Location |
| Protection Class Proximity to fire station |
| Home liability limits |
| Claims |
| Deductible |
| Age of Home |
| Wood-burning stoves |
| Home-based business |
Iowa Homeowners Insurance: Bundling Options
Who doesn’t like saving money? When you bundle different types of insurance products, you are likely to get a discount.
You also simplify things so you don’t have to manage so many different policies. Here are some popular options you could potentially bundle with your homeowners policy.
| Homeowners Insurance Bundling Options |
|---|
| Umbrella |
| RV |
| Life |
| Auto |
| Business |
| Boat |
| Health |
| Motorcycle |
| ATV |
Iowa Homeowners Insurance: Best Rates by company
Because insurance rates can vary so greatly from city to city, it’s important to shop around and see which Insurance Company provides the best rates according to your needs.
We did the shopping for you, as listed below…but it always helps to talk with one of our agents to find out more specifics.
| City | Insurance Company |
|---|---|
| Grimes | NationWide |
| Iowa City | American Family |
| Sioux Center | Progressive |
| Marion | NationWide |
| Waverly | Liberty Mutual |
| Red Oak | Liberty Mutual |
| North Liberty | Progressive |
| Spencer | Progressive (ASI) |
| Cedar Falls | Liberty Mutual |
| Maquoketa | Progressive |
| Estherville | Liberty Mutual |
| Clive | Farmers |
| Altoona | Travelers |
| Boone | Travelers |
| Oelwein | Progressive |
| Oskaloosa | State Farm |
| Independence | Allstate |
| Indianola | Progressive |
| DeWitt | Amica |
| Mount Pleasant | Chub |
| Urbandale | NationWide |
| Decorah | Farmers |
| Bondurant | USAA |
| Charles City | Allstate |
| Anamosa | Chub |
| Fort Dodge | American Family |
| Clarinda | Allstate |
| Marshalltown | Farmers |
| West Des Moines | Farmers |
| Denison | Chub |
| Algona | Farmers |
| Knoxville | Progressive |
| Ames | Chub |
| Des Moines | Travelers |
| Webster City | Amica |
| Davenport | American Family |
| Storm Lake | Chub |
| Burlington | USAA |
| Atlantic | Progressive (ASI) |
| Cedar Rapids | Liberty Mutual |
| Muscatine | Progressive |
| Grinnell | Farmers |
| Johnston | Travelers |
| Coralville | Progressive |
| Carroll | Travelers |
| Bettendorf | Progressive (ASI) |
| Norwalk | NationWide |
| Perry | Progressive (ASI) |
| Asbury | USAA |
| Centerville | Progressive (ASI) |
| Waterloo | State Farm |
| Eldridge | Liberty Mutual |
| Washington | Liberty Mutual |
| Le Mars | Farmers |
| Fairfield | Travelers |
| Glenwood | Chub |
| Clinton | USAA |
| Mason City | Allstate |
| Fort Madison | Chub |
| Pella | State Farm |
| Creston | Travelers |
| Keokuk | Progressive (ASI) |
| Winterset | Liberty Mutual |
| Orange City | American Family |
| Pleasant Hill | Allstate |
| Newton | Liberty Mutual |
| Waukee | Progressive (ASI) |
| Clear Lake | Allstate |
| Council Bluffs | Chub |
| Ankeny | Travelers |
| Dubuque | Travelers |
| Nevada | Progressive (ASI) |
| Hiawatha | Liberty Mutual |
What is the average cost of homeowners insurance in Iowa?
Wondering about Iowa homeowners insurance costs? On average, homeowners insurance in Iowa typically ranges from $800 to $1,200 annually, depending on various factors like your home’s location, size, and age, as well as your coverage needs and personal profile. Factors such as weather risks and property crime rates in your area can also impact your insurance premiums.
Here’s a comparison of average annual homeowners insurance rates from some of our reputable carriers for Iowa residents:
| Insurance Company | Average Annual Rate |
|---|---|
| Progressive | $900 |
| National General | $1,000 |
| Assurance America | $850 |
Keep in mind that these rates are estimates and may vary based on specific details about your property and coverage preferences. Contact us for personalized quotes tailored to your Iowa homeowners insurance needs.
Iowa Homeowners Insurance: Best Rated Homeowners Insurance Companies
The best is always a great thing! An AM Best Rating has assessed the insurance company’s creditworthiness and financial health.
A good AM Best rating means you can rely on the company to pay their claims and meet its financial obligations.
| Insurance Company | AM Best Rating |
|---|---|
| American International | A- |
| Progressive | A+ |
| Liberty Mutual | A |
| Farmers Insurance | A |
| Auto-Owners Insurance | A |
| Allstate | A+ |
| Chubb | A |
| American Family | A |
| MetLife | A- |
| State Farm | A++ |
| Hartford Financial | A+ |
| Nationwide | A |
| Travelers | A++ |
Discounts available for Homeowners Insurance in Iowa
In addition to the discounts listed below, some money saving actions you take to lower your Iowa homeowners insurance is to stay claims free for at least 3 years. Doing so can ensure your rates stay low for a long time! Owning a somewhat newer home less than 12 years old can help your rates decrease. Upgrading your roof to a reinforced roof, and not smoking in your home can help as well!
These are just some ways you can save on your homeowners insurance. Having these items in place can help when calculating your rate.
| Available Discounts for Homeowners Insurance |
|---|
| Auto water shut off or leak detection |
| Home monitoring / Bruglar |
| Smoke detector (monitored) |
| New home discount |
| Bundling Multiple Polices |
| Upgraded plumbing |
| Married discount |
| Loyalty |
| Claims Free |
| Hail resistant roofing |
| Paid in full |
Eligibility Tips for Home and Auto Insurance Discounts
Home and Auto Insurance Discounts
- Bundle Your Home and Auto Insurance Policies: Combine your home and auto insurance for a significant discount.
- Maintain a Good Driving Record: Avoid accidents and traffic violations to qualify for safe driver discounts.
- Install Safety and Security Features: Adding security systems to your home or vehicle may reduce your premium.
- Complete a Defensive Driving Course: Taking an approved course can lead to lower car insurance rates.
- Demonstrate Loyalty to Your Insurance Provider: Long-term policyholders often receive loyalty discounts.
- Apply for Multi-Policy Discounts: Insuring multiple vehicles or combining with renters insurance can save you money.
- Use Low-Mileage Vehicles: Drivers with lower annual mileage may qualify for reduced premiums.
- Qualify for a Safe Driver Discount: Insurance companies reward consistent safe driving habits.
- Ask About Occupation-Based Discounts: Some professions, like teachers or military personnel, may receive special discounts.
- Keep Your Credit Score High: A strong credit score can lower your insurance rates.
Iowa Homeowners Insurance: Frequently Asked Questions
What is homeowners insurance, and why do I need it in Iowa?
Homeowners insurance helps protect your home, personal property, and provides liability coverage if someone is injured on your property. While Iowa doesn’t legally require homeowners insurance, mortgage lenders and associations often do. Plus, having a policy means you’re prepared for unexpected events like weather‑related damage.
How much does home insurance cost in Iowa?
Average premiums for homeowners insurance in Iowa hover around $2,263 per year (for $300,000 dwelling coverage with a $1,000 deductible). This breaks down to about $188 per month, though your actual rates will depend on factors like ZIP code, home age, coverage levels, and deductible.
Which insurance companies offer the cheapest home insurance in Iowa?
Some of the most affordable homeowners insurance options in Iowa include:
Farmers: starting at around $87/month
American Family: approximately $131/month
Westfield: about $141/month
What are the biggest risks Iowa homeowners face?
Iowa is particularly vulnerable to:
Tornadoes and windstorms
Hail damage
Flooding (note: standard homeowners insurance typically does not cover flood damage—you may need a separate flood insurance policy or rider)
How can I save on homeowners insurance and get the cheapest coverage possible?
Here’s how to compare and reduce your policy costs:
Bundle your home and auto insurance for multi‑policy discounts (e.g., homeowners insurance and auto insurance)
Raise your deductible—higher deductibles mean lower premiums, as long as you can afford it in a claim situation
Improve your home’s safety—install security or storm‑resistant features to earn discounts
Shop and compare multiple carriers—independent agents can help you compare insurance quotes, policies, and rates across carriers
Iowa Homeowners Insurance: Find Homeowners Information from Another State
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What We Do at A Plus Insurance
Homeowners, renters, and mobile home owners: make sure you have the protection you need.
Last Updated on by Brian Muse