Best Cheap Insurance Quotes for Drivers with Good Credit in Iowa

Anytime the topic is auto insurance, the word cheap should not appear anywhere in the article to describe car insurance rates. The fact is, cheap auto insurance for drivers with good credit is almost non-existent. Don’t let that bother you, though, because we will show you how you can still get auto insurance that you can afford to pay for.

When shopping for cheaper auto insurance for financially responsible drivers, one of the many things that influence insurance cost is where you call home. Cities that have higher claim levels or more people like Council Bluffs, Davenport, and Dubuque tend to have higher rates, whereas areas that are not as densely populated have the gratification of the best cheap insurance for drivers with good credit in Iowa.

The next table lists the most costly cities in Iowa for drivers with good credit to purchase auto insurance in.

Premium amounts are estimated as the specific geographic location can raise or lower price quotes significantly.

The vehicle requiring coverage is probably the most important factor when comparing quotes for cheaper coverage for drivers with good credit. Vehicles with reasonable performance levels, an excellent safety record, or a low likelihood of having liability claims will cost significantly less to insure than high performance models. The next table ranks insurance costs for the most cost-effective automobiles to insure in Iowa.

Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Iowa minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in specific location which can lower or raise coverage rates substantially.

Based upon these rates, you can expect cars like the Ford Escape, Honda Accord, Toyota Prius, and Subaru Outback are likely to be the most affordable vehicles to insure for financially responsible drivers.

The information below shows how choosing a deductible can change insurance rates when searching for cheap insurance for drivers with good credit. Data assumes a single male driver, comprehensive and collision coverage, and no policy discounts are applied.

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The data above shows that a 30-year-old driver could lower their car insurance rates by $310 a year by switching from a $100 deductible up to a $500 deductible, or save $468 by choosing a $1,000 deductible. Younger drivers, like the 20-year-old category, could shave as much as $928 annually just by choosing larger deductibles. When choosing a higher deductible, it will be necessary to have enough spare savings to enable you to cover the extra out-of-pocket expense that deters many people from opting for higher deductibles.

Company comparison: Geico vs State Farm vs Progressive vs Allstate

When shopping for car insurance, probably the best companies to start with are Geico, State Farm, Progressive, and Allstate. The next table compares pricing and service ratings, plus some optional coverages that are available.

How to find cheaper insurance for drivers with good credit

Lowering your rates is not difficult, and here are many money-saving ideas that can help Iowa drivers find lower-cost coverage.

• Buying home and auto together can help save money
• You will pay more if you get tickets or have at-fault accidents
• Prevent rate increases by staying accident-free
• Earn a discount by not filing claims
• Vehicles with good safety ratings have lower liability rates
• Compare rates and switch if you can find a better deal

The last tip in the list is especially significant, as we noted in the prior article. Insurance rates can change considerably in a year, so don’t be afraid to switch companies if a more affordable rate is found. Many drivers have brand loyalty and that’s fine, but is isn’t recommended if that stubbornness costs you hundreds of dollars a year. Spend a few minutes and compare prices and find cheaper auto insurance for drivers with good credit.

Best cheap insurance quotes for financially responsible drivers

There are quite a few ways to buy car insurance in Iowa, but the most common methods are through a captive (or exclusive) agency such as Allstate or Auto-Owners, an independent agent, or direct either online or via phone.

You can use whichever you prefer, but it’s important to point out the distinctions in how they provide rate quotes.

Independent insurance agents have contracts with many companies and can provide price quotes from every one. These types of agents are usually affiliated with several companies and can give you more rate choices, which can give you the best chance of finding a lower price. If your agent finds better pricing, they can switch companies in-house and that require little work on your part.

An exclusive agent is only able to give prices for one insurance company, two examples being an Allstate or Liberty Mutual agent. They are unable to provide rates from more than one company, so you will not be able to compare multiple prices.

Buying car insurance direct means you forego either of the other two types of agents and buy direct online or over the phone from a company like Progressive or Geico. This car insurance option may be preferred by drivers who have lower risk management needs and know more than average about what limits they need.

What is the best way to buy the best cheap insurance for drivers with good credit in Iowa? The majority of people assume that buying direct results in the best prices because you bypass the agent, but in reality, that is not true. It could also be said going through an independent agent is the best way to go since they can quote with many companies, but that assumption is also not necessarily accurate. In many cases, the exclusive agents may have prices that are well below what direct and independents offer.

Due to the large number of rating factors, the only real way to get the cheapest rates is to get quotes and compare the rates. Money-saving experts recommend you get price quotes all three ways to give yourself the best selection. For a list of companies offering online discounts in Iowa, click here to view.