How Much are Car Insurance Quotes for 16 Year Olds in Iowa?

When the topic is car insurance, the word cheap should not be used anywhere to describe car insurance rates. Nonetheless, cheap auto insurance for 16 year olds does not exist. Don’t let that spoil your day, because we will show you how you can still get auto insurance that won’t break the bank.

For new drivers, one of the more important factors that establish the amount you pay for auto insurance is the neighborhood you call home in Iowa. More populated areas like Council Bluffs, Des Moines, and Fort Dodge will most likely pay more, whereas cities that are not as densely populated get the luxury of paying less.

The following table lists the most expensive cities in Iowa for 16 year olds to purchase auto insurance in.

Rate quotes are comparative as zip code location can impact coverage rates significantly.

The vehicle model you are seeking coverage for is probably the most important factor in finding the best car insurance for 16 year olds. Vehicles with higher performance, a lack of safety features, or a history of substantial liability claims will cost substantially more to insure than more modest models. The next tables outlines insurance costs for a selection of the most cost-effective automobiles to buy coverage for.

Above prices assume single male driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Iowa minimum liability limits. Discounts applied include claim-free, and safe-driver. Rates do not factor in the specific area where the vehicle is garaged which can raise or lower insurance rates noticeably.

Data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Iowa minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in specific location which can change premiums considerably.

Table data represents single male driver age 16, no speeding tickets, no at-fault accidents, $1000 deductibles, and Iowa minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in zip code location which can influence premium rates noticeably.

Finding decent, budget auto insurance is difficult, and deciding which companies offer the cheapest auto insurance rates for 16 year olds will take additional perseverance. Premiums may be much higher than the average rate in Iowa, with the extra cost attributed to the extra risk that goes along with selling coverage for new drivers, but reasonably-priced insurance should be achievable if you carefully shop around.

Every insurance company has a unique approach for setting prices, so we’ll take a look at the most budget-friendly auto insurance companies in Iowa. It’s important to know that Iowa auto insurance rates are impacted by many things that will increase or decrease the price of coverage. Improving your credit rating, buying higher coverage limits, or having an accident may cause policy rate changes that can make some companies cheaper than competitors.

Find the Best Cheap Insurance for Teens

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USAA generally has some of the cheapest car insurance rates in Iowa at around $683 a year. Partners Mutual, Allied, Western National, and Hastings Mutual also qualify as some of the most economical Iowa auto insurance companies.

As depicted above, if you currently have coverage with Hastings Mutual and switched to Partners Mutual, you could realize annual savings of roughly $193. Insureds with Nationwide could save as much as $211 a year, and State Farm insureds might reduce prices by as much as $213 a year.

Be aware that those premium estimates are averages across all drivers and vehicles and do not factor in a rate increase for 16 year olds. So the car insurance company that is most affordable for your situation may not even be featured in the above rate chart. That helps illustrate why you need to compare rates from as many companies as possible using your own driver data and vehicle information.

Drive safe and save

The ideal way to find good auto insurance rates in Iowa for new drivers is to be a good driver and avoid accidents and violations. The chart below illustrates how speeding tickets and at-fault collisions can affect car insurance rates for each different age category. The premiums are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no additional discounts are factored in.

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In the previous chart, the average cost of car insurance in Iowa per year with no violations or accidents is $811. Add in one speeding ticket and the average cost surges to $945, an increase of $135 each year. Then throw in one accident along with the one speeding ticket and the 12-month cost of auto insurance for 16 year olds increases to an average of $1,316. That’s an increase of $506, or $42 per month, just for being a less-than-perfect driver!

Who is cheaper: Allstate, Geico, Progressive, or State Farm?

When shopping for car insurance, four companies to consider are Allstate, Geico, Progressive, and State Farm. When combined, they make up about 50% of all policies written. All offer your standard physical damage and liability coverages, but each one has slightly different coverages and options that buyers can choose from. The table below breaks down some of the different options and features offered by each one.