Iowa Homeowners Insurance

Iowa

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 CompanyHomeowners ($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

Home Owners Insurance
Covered perils vs. Perils NOT covered

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.

CompanyHomeowners Offered
Nationwideyes
Travelersyes
MetLife Inc.yes
American Internationalyes
Farmers Insuranceyes
Auto-Ownersyes
Hartfordyes
USAAyes
Progressiveyes
Liberty Mutualyes
American Familyyes
Chubbyes
State Farmyes
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.

CityInsurance Company
GrimesNationWide
Iowa CityAmerican Family
Sioux CenterProgressive
MarionNationWide
WaverlyLiberty Mutual
Red OakLiberty Mutual
North LibertyProgressive
SpencerProgressive (ASI)
Cedar FallsLiberty Mutual
MaquoketaProgressive
EsthervilleLiberty Mutual
CliveFarmers
AltoonaTravelers
BooneTravelers
OelweinProgressive
OskaloosaState Farm
IndependenceAllstate
IndianolaProgressive
DeWittAmica
Mount PleasantChub
UrbandaleNationWide
DecorahFarmers
BondurantUSAA
Charles CityAllstate
AnamosaChub
Fort DodgeAmerican Family
ClarindaAllstate
MarshalltownFarmers
West Des MoinesFarmers
DenisonChub
AlgonaFarmers
KnoxvilleProgressive
AmesChub
Des MoinesTravelers
Webster CityAmica
DavenportAmerican Family
Storm LakeChub
BurlingtonUSAA
AtlanticProgressive (ASI)
Cedar RapidsLiberty Mutual
MuscatineProgressive
GrinnellFarmers
JohnstonTravelers
CoralvilleProgressive
CarrollTravelers
BettendorfProgressive (ASI)
NorwalkNationWide
PerryProgressive (ASI)
AsburyUSAA
CentervilleProgressive (ASI)
WaterlooState Farm
EldridgeLiberty Mutual
WashingtonLiberty Mutual
Le MarsFarmers
FairfieldTravelers
GlenwoodChub
ClintonUSAA
Mason CityAllstate
Fort MadisonChub
PellaState Farm
CrestonTravelers
KeokukProgressive (ASI)
WintersetLiberty Mutual
Orange CityAmerican Family
Pleasant HillAllstate
NewtonLiberty Mutual
WaukeeProgressive (ASI)
Clear LakeAllstate
Council BluffsChub
AnkenyTravelers
DubuqueTravelers
NevadaProgressive (ASI)
HiawathaLiberty Mutual

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 CompanyAM Best Rating
American InternationalA-
ProgressiveA+
Liberty MutualA
Farmers InsuranceA
Auto-Owners InsuranceA
AllstateA+
ChubbA
American FamilyA
MetLifeA-
State FarmA++
Hartford FinancialA+
NationwideA
TravelersA++

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

Iowa Homeowners Insurance: Frequently Asked Questions

Georgia Homeowners Insurance

How long do you have to file a homeowners insurance claim in Iowa?

In Iowa regardless of whether your case involves damage to your physical property or personal property, you have 5 years to file a claim.

What is the average cost of homeowners in Iowa?

A typical homeowners policy with an average limit of $250,000 in dwelling coverage costs about $1,502 annually in the state of Iowa.

Is homeowners insurance required in Iowa?

Homeowners insurance is not legally required in the state of Iowa. However, without proper coverage, you could be liable for thousands of dollars in damage in the event of a loss.

Iowa Homeowners Insurance: Find Homeowners Information from Another State

Iowa Homeowners Insurance

Insurance varies greatly from state to state. Click on your state to find out more specifics about homeowners insurance.

AL AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY

Or If You’re Ready…

If you have all the information you need, get a homeowners quote now!

Iowa Homeowners Insurance: Find Homeowners Information from Another State

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Last Updated on May 4, 2022 by Katie Sopko