How Much are Car Insurance Quotes for Drivers Over Age 70 in Iowa?

Figuring out which company quotes the best auto insurance rates for drivers over age 70 will take a tad more effort than just comparing a company or two.

Every auto insurer has their own guidelines to determine rates, so we’ll take a look at the auto insurance companies with the most affordable rates in Iowa. It’s important to understand that Iowa auto insurance rates are influenced by many factors that control the cost of your policy. Improving your credit rating, buying another vehicle, or getting a DUI may cause policy rate changes that may make certain companies cheaper than competitors.

Best Car Insurance Prices for Age 70+

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USAA may have some of the most affordable car insurance rates in Iowa at around $669 a year. Partners Mutual, Western National, Allied, and Hastings Mutual are also some of the lowest-priced Iowa auto insurance companies.

As illustrated above, if you are currently insured with Hastings Mutual and switched to Partners Mutual, you could realize a yearly price reduction of in the vicinity of $200. Iowa drivers with State Farm could save as much as $220 a year, and Auto-Owners policyholders might cut rates by $232 a year.

Remember that these premiums are averaged across all drivers and vehicles in Iowa and are not factoring in a rate surcharge for drivers over age 70. So the car insurance company that is most affordable for your situation may not even be featured in the above rate chart. That underscores the importance of why you need to get rate quotes using your own personalized driver profile and vehicle information.

The make and model of vehicle that is being insured is a large factor that determines if you can find cheap insurance for drivers over age 70 in Iowa. Vehicles with lower performance, advanced safety features, or low incidents of liability claims will cost substantially less to insure than high performance models.

The next table showcases coverage rates for a selection of the most affordable vehicles to insure.

Price data assumes single female driver age 70, no speeding tickets, no at-fault accidents, $500 deductibles, and Iowa minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Table data does not factor in specific location which can influence prices significantly.

Based upon these rates, we can infer that cars like the Ford Escape, Chevrolet Traverse, Honda CR-V, Ford Edge, and Toyota Prius are most likely going to be the cheapest vehicles to insure for older drivers. The cost of auto insurance will trend higher because of the fact that there is more liability exposure for drivers over age 70, but overall those vehicles will most likely have the cheapest car insurance rates compared to other vehicles.

One of the key criteria that control insurance cost is where you live. Larger areas like Council Bluffs, Des Moines, and Clinton tend to have more expensive car insurance rates, whereas areas that tend to be more rural tend to receive cheaper rates.

The illustration below shows the most expensive areas in Iowa for drivers over age 70 in which to purchase auto insurance.

Annual rates are approximated as the specific zip code location can impact rates significantly.

Driving violations and accidents

One of the best ways to maintain affordable auto insurance prices in Iowa for older drivers is to pay attention while driving and avoid traffic citations and accidents. The information below illustrates how traffic citations and accidents impact insurance rates for different categories of driver ages. The data assumes a single female driver, full coverage, $250 deductibles, and no discounts are taken into consideration.

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In the prior example, the average cost of an auto insurance policy per year with no violations or accidents is $1,697. Get written up for one speeding ticket and the average cost jumps to $1,921, an increase of $225 each year. Then include one accident along with the one speeding ticket and the annual cost of auto insurance for drivers over age 70 goes up to an average of $2,557. That’s an increase of $860, or $72 per month, just for not driving safely!

Progressive, Allstate, State Farm, or Geico: Which is best?

When buying car insurance for older drivers in Iowa, the top insurers to get price quotes from are Progressive, Allstate, State Farm, and Geico. Each company has unique coverages that may influence which company you choose. The table below points out some of the ratings and options that are available for buyers.

Who has the cheapest insurance quotes for older drivers?

You have a lot of ways to find cheap auto insurance in Iowa, but the most common ways are using an independent or non-exclusive agent, a captive (or exclusive) agency like Auto-Owners or State Farm, or from a direct company like Progressive or Geico.

You can use whichever method you prefer, but buyers should know the differences in how they give price quotes.

Independent insurance agents write business for many companies and can get rate quotes from all of them. These types of agents have the option to give you more rate choices, which can give you better odds of saving money. If a cheaper rate is found, your agent can switch companies which makes it simple for you.

An exclusive ageny is contracted to a single insurance company, two popular examples being Allstate and Liberty Mutual agents. Exclusive agents normally do not have the ability to provide a range of price quotes, so if prices are high they cannot provide alternatives.

The last way is buying direct, which means you forego the middleman (the agent) and instead buy direct either online or via phone. Shopping direct may be preferred by consumers who have lower risk management needs and have an above average understanding of what specific coverages they need.

When shopping for auto insurance, which way works best to buy cheap insurance for drivers over age 70 in Iowa? We’d like to tell you buying from a direct company yields the cheapest rates since there isn’t an agent involved, but that turns out to not be true. And we’d like to say buying auto insurance from an independent agent guarantees the best prices because they can quote many companies, but that assumption is also not accurate. And often times, the exclusive agents have coverage prices that are the cheapest.

Since auto insurance prices vary so much, the only true way to buy the cheapest policy is to compare, compare, and compare some more. Smart shoppers will get prices from all three types to give yourself the best selection. We compiled a list of companies with some of the cheapest online rates that you can click here to view.

How to get cheap insurance for drivers over age 70 in Iowa

The list below shows some of the better penny-pinching ideas that can help Iowa drivers get more affordable coverage.

• If your vehicles are older, consider dropping full coverage
• Pay for smaller claims out-of-pocket
• Get cheaper liability coverage by choosing a safer vehicle
• Better credit scores save money
• Bundle home and auto and save
• Higher deductibles save money
• Shop around for lower rates once a year

The last item on the list is highly significant, as we stressed in this article. Prices can be modified anytime, so don’t be unwilling to buy from a new company if you can save money. Brand loyalty is not necessarily bad, but it’s not recommended if that devotedness results in you overpaying a small fortune. It takes less than five minutes to shop around and find cheaper insurance for drivers over age 70.