There are just a small handful of states that do not require drivers to purchase car insurance and Iowa is one of those states. However, while Iowa may not require that you purchase car insurance, Iowa does require that you be able to prove financial responsibility in the event that you are involved in an accident. In practice, most residents of the Hawkeye State purchase auto insurance for protection in case of an accident. Also, if you finance an automobile, then your lender will require that you purchase car insurance.
Keeping your driving record clean is probably the single biggest thing you can do to keep your car insurance rates as cheap as possible. If you get a speeding ticket, a reckless driving citation, or any moving violation, then you may see your insurance premiums climb. Similarly, if you are convicted of Driving Under the Influence (DUI) or of Driving While Intoxicated (DWI), then your rates will skyrocket.
If you have multiple tickets or convictions, or several accidents or recent insurance claims, then you may find that most companies will simply refuse to insure you and you will be forced to get insurance from a high-risk insurer – with rates that will be through the roof. The lesson here is to simply drive safely, responsibly, and legally at all times.
Your age may also affect your car insurance rate, unfortunately. If you’re under the age of 25, then you already know that your premiums are expensive. You may be able to lower your rates by as much as five percent by staying in school and maintaining good grades, depending on your policy. Talk to an agent to find if your policy offers this. Older drivers, those 55 and over, may be able to take a special driver’s refresher course. Not every insurance company offers such a course, but if your company does – and you pass it – you can often save 10 percent or even more on your monthly premium.
If you only drive occasionally, you should check with your agent about a low-mileage discount. Generally, those who drive more frequently are regarded as a greater liability for insurers.
If you drive an older vehicle that has little or no Kelly Blue Book value, then you are probably throwing your money away by purchasing collision or comprehensive insurance since your insurance company will only give you Blue Book value for your vehicle in any case.
Before purchasing a vehicle, you should talk to your agent about the cost of insurance for the particular model you have your eye on – some car makes and models are far more expensive to insure than others.
Choosing the right deductible can also reduce your monthly car insurance premium. Consider your deductible carefully as you will be asked to pay your deductible out of your own pocket in case of a claim. The higher your deductible, the lower your monthly insurance premium will be.
You can start saving money today by getting your free car insurance quote at the top of this page at AutoInsuranceWorld.net! We only offer insurance from reputable and trusted companies.