Who Has Cheap Auto Insurance Quotes for Teachers in Iowa?

The type of vehicle that is being insured is one of the biggest factors in finding cheap auto insurance for teachers in Iowa. Vehicles with more horsepower, a lack of safety features, or a track record of large liability claims will cost much more to insure than safer, lower-performance models.

The data below estimates auto insurance rates for the most cost-effective vehicles to insure in Iowa.

Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Iowa minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Rate information does not factor in your specific Iowa location which can lower or raise coverage rates substantially.

Based on these rates, cars like the Chevrolet Traverse, Toyota Prius, and Ford Explorer are going to be the cheaper vehicles to insure for teachers and educators.

Determining which company has the cheapest car insurance rates for teachers takes a bit more work in order to find the lowest price. Every insurance provider uses different criteria for filing rates in each state, so let’s take a look at the car insurance companies that tend to have lower prices in Iowa.

Keep in mind that Iowa car insurance rates are influenced by many factors which can significantly increase or decrease the price you pay. Simply having another birthday, having a claim, or getting a few speeding tickets can cause premium changes that may make certain companies more affordable than the competition.

Best Auto Insurance Prices for Educators

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google.charts.setOnLoadCallback(drawIAT5qcibChart);function drawIAT5qcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }], [‘USAA’, 683, ‘#33CFCA’], [‘Partners Mutual’, 698, ‘#2AACA8’], [‘Western National’, 777, ‘#238F8C’], [‘Allied’, 803, ‘#1D7774’], [‘State Farm’, 900, ‘#186360’]]);var options = {title: ‘Top Five Low-Priced Car Insurance Companies in Iowa’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:1000,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibt5cic’));chart.draw(view, options);}

USAA has some of the cheapest car insurance rates in Iowa at around $683 per year. Partners Mutual, Western National, Allied, and State Farm would also make the list of some of the cheapest Iowa insurance companies.

In the rate table above, if you are insured with Partners Mutual and switched to USAA, you could realize annual savings of approxmiately $15. Customers with Western National might save as much as $94 a year, and Allied policyholders might see rate reductions of $120 a year.

These premiums are averaged for all types of drivers and the different vehicles they drive and do not factor in a rate decrease for teachers. So the car insurance company that fits your needs best may not even be in the company chart above. That affirms the importance of why you need to compare rates from multiple companies using your own personalized driver profile and vehicle information.

One of the key factors that determine rate quotes is your address in Iowa. More populated areas like Council Bluffs, Des Moines, and Dubuque tend to pay slightly more, whereas areas with lower vehicle theft rates and fewer weather claims have the luxury of cheap auto insurance for teachers in Iowa.

The table below displays the highest-priced areas in Iowa for teachers to purchase a policy in.

Prices are comparative as zip code location can influence premium rates noticeably.

Full coverage versus liability only rates

Finding cheap auto insurance for teachers in Iowa is important to the majority of people, and a good way to reduce the cost of insurance is to not buy full coverage. The information below shows the difference between car insurance rates with full coverage compared to only the Iowa minimum liability coverage. The rate quotes are based on no accidents or driving violations, $100 deductibles, marital status is single, and no discounts are applied.

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Averaged for all age groups, full coverage costs $1,599 per year more than just buying liability only. That may make you wonder if you should buy full coverage. There is no exact rule to eliminate comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you may need to consider dropping full coverage.

For example, let’s pretend your vehicle’s replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $8,000 after the deductible is paid. If premium cost is more than $800 a year for your policy with full coverage, then it might be time to buy liability only.

There are some conditions where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Impact of careless driving on car insurance rates

In a perfect world, the ideal way to snag the cheapest car insurance rates in Iowa for teachers and educators is to pay attention while driving and maintain a clean driving record. The illustration below demonstrates how citations and fender-benders can impact auto insurance costs for different ages of insureds. The premiums are based on a single male driver, full physical damage coverage, $100 deductibles, and no policy discounts are applied.

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In the previous chart, the average cost of an auto insurance policy in Iowa per year with no accidents or violations is $1,599. Add in two speeding tickets and the average cost jumps to $2,125, an increase of $525 each year. Then include one accident along with the two speeding tickets and the yearly cost of car insurance for teachers goes up to an average of $2,651. That’s an increase of $1,052, or $88 per month, just for being a careless driver!

Cheapest insurance quotes for teachers and educators

Thanks to the internet, there are a lot of ways to shop for and buy car insurance in Iowa, but the three most common are from an independent agent, a captive (or exclusive) agent such as State Farm or Auto-Owners, or direct from companies such as Geico or Progressive. You can use whichever method you prefer, but they differ in how they give price quotes.

Independent insurance agents work with multiple companies and can compare coverage rates with every one. They are not employed by one specific company and can compare multiple rates, which may provide you with the best chance of finding a lower price. If premiums increase, the business is moved internally and you won’t have to switch agencies.

Exclusive agents are usually restricted to one insurance company like a State Farm or Liberty Mutual agent. They usually cannot compare rates from other companies, so if their pricing is high, there is no alternative.

The final way is buying direct, which means you forego local insurance agents and instead shop buying direct from a company like Progressive or Geico. This car insurance option may be a decent choice families who do not need complex risk management and have knowledge of what specific coverages and deductibles they need.

So out of those three methods, which one works best to buy cheap auto insurance for teachers in Iowa? The quick answer would be buying from a direct car insurance company yields the cheapest rates because you bypass the middleman, but in reality, that argument does not hold true. A valid argument could also be made that using an independent agent is the best way since they have access to many companies, but that’s not always true, either. In a lot of cases, exclusive agents have extremely competitive rates well below independent agents AND direct companies.

Because of the variability of car insurance rates, the only real way to make sure you’re not overpaying for car insurance is to compare, compare, and compare some more. Put in the effort to get rate quotes from all three to give yourself the best selection. To see some of the cheapest online companies available, click here to view.