Who Has Cheap Auto Insurance for Active Military in Iowa?

The words “low-priced” and “auto insurance” really should not be used together, specifically when you are looking for the best insurance rates for active military. Because of the high cost, let’s go over some of the things that have an effect on car insurance rates, and find a way to shave a little off the next policy you buy.

The type of vehicle that needs insurance is a large consideration when shopping around for affordable car insurance for active military. Vehicles with high performance features, poor safety features, or a history of substantial liability claims will cost more to insure than safer models. The information below ranks car insurance costs for a number of the most affordable automobiles to insure in Iowa.

Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Iowa minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Estimates do not factor in Iowa location which can increase or decrease rates considerably.

Looking at the rates, you can conclude that cars like the Honda CR-V, Ford Escape, Hyundai Elantra, and Jeep Wrangler will definitely be a few of the cheapest vehicles to insure for military personnel.

Finding decent, low-cost insurance is tough enough, and determining which companies quote the cheapest auto insurance rates for active military involves a bit more work. Coverage rates could be slightly cheaper than the average policy in Iowa attributed to the reduced risk associated with offering coverage for military personnel. Reasonable coverage should be achievable from many preferred companies.
Each company uses their own calculation for setting prices, so let’s begin by examining the auto insurance companies with the most affordable rates in Iowa.

It’s important that readers know that Iowa auto insurance rates are impacted by many things that will increase or decrease the price you have to pay for coverage. This price variation is why it is critical to shop around to get the most affordable auto insurance quotes for active military. Car insurance prices are calculated by many risk factors and change frequently, so the cheapest company when you last compared rates may now be one of the more expensive options.

Best Car Insurance Prices for Military

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USAA normally has some of the lowest car insurance rates in Iowa at around $669 a year. Partners Mutual, Western National, Allied, and Hastings Mutual would also be considered some of the more affordable Iowa car insurance companies.

As the example above demonstrates, if you are a customer of Allied and switched to USAA, you might achieve yearly savings of in the neighborhood of $134. Iowa drivers with Hastings Mutual might save as much as $202 a year, and State Farm insureds might lower prices by $231 a year.

Remember that these prices are averaged for all ages of drivers and types of vehicles and and are not figured with a rate discount for active military. So the insurer that is best suited for you may not even be included in the list of companies above. That emphasizes why you need to compare rates from multiple companies using your own personalized driver profile and vehicle information.

Impact of careless driving on auto insurance rates

The ideal way to enjoy cheap car insurance for active military in Iowa is to drive carefully and avoid accidents and keep your driving record clean. The example below highlights how speeding tickets and at-fault claims drive up annual premium costs for different insured age categories. The premiums are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.

The data charted above shows the average cost of an auto insurance policy per year with no violations or accidents is $1,126. Add in one speeding ticket and the average cost surges to $1,277, an increase of $151 each year. Now throw in two accidents along with the one speeding ticket and the yearly cost of auto insurance for active military increases to an average of $2,621. That’s an increase of $1,495, or $125 per month, just for not being a responsible driver!

Which auto insurance company is best?

When shopping around for auto insurance for military personnel, the companies with the most market share are Allstate, Geico, State Farm, and Progressive. If you combine them together, they insure almost half of all vehicles in the U.S.. The data below breaks down ratings for price and service, as well as some optional coverages that may be available in your state.