Best and Cheapest Homeowners Insurance in Iowa for 2024 (10 Most Affordable Companies)

The best and cheapest homeowners insurance in Iowa comes from USAA, State Farm, and Auto-Owners, with rates as low as $13 per month. USAA offers military deployment protection and the lowest rates at $13 monthly.

State Farm provides local agents and documented storm coverage at $16, while Auto-Owners delivers dedicated claims adjusters starting at $17. Essential considerations include flood insurance and storm damage coverage, given Iowa's severe weather patterns.

Insurance Company	Rank	Monthly Rates	A.M. Best	Best For	Jump to Pros/Cons
	#1	$13	A++	Military Members	USAA
	#2	$16	B	Customer Satisfaction	State Farm
	#3	$17	A++	Comprehensive Coverage	Auto-Owners
	#4	$18	A+	Snapshot Savings	Progressive
	#5	$20	A++	Affordable Rates	Geico
	#6	$20	A	Cheap Rates and Discounts	Farmers
	#7	$21	A+	AARP Member Discounts	The Hartford
	#8	$22	A	Roadside Assistance	AAA
	#9	$23	A++	Hybrid Discounts	Travelers
	#10	$23	A	Coverage Options	American Family

Iowa homeowners should compare multiple quotes, as features like security systems and bundled policies can significantly reduce premiums. Compare quotes from the cheapest home insurance companies by entering your ZIP code into our free tool.

What You Should Know

• USAA offers military members the lowest rate at $13 monthly
• Iowa homeowners face unique challenges with floods and property crimes
• The top insurers offer significant savings through multi-policy bundling

#1 – USAA: Top Overall Pick

Pros

• Lowest Premium: Offers Iowa's best homeowners insurance rate at $13 monthly, as confirmed by our USAA insurance review, making it exceptionally affordable for qualified members.
• Military Perks: Iowa homeowners get some awesome benefits like deployment protection and help with moving, giving our service members the support they need.
• Digital Claims: Mobile app provides fastest claims processing for Iowa home insurance customers with real-time tracking and updates.

Cons

• Military Only: Iowa home insurance is just for military members and their families, so regular folks can’t get it.
• No Offices: Virtual-only service available for Iowa homeowners insurance claims, limiting face-to-face support options.

#2 – State Farm: Best for Local Network

Pros

• Local Knowledge: Our State Farm insurance review shows 3,000+ Iowa agents provide neighborhood-specific guidance and personalized local market expertise.
• Competitive Rate: The second lowest Iowa home insurance premium at $16 monthly providing great value for comprehensive coverage options.
• Storm Coverage: Enhanced protection against Iowa's severe weather events documented by FEMA, including specialized tornado and hail damage coverage.

Cons

• Agent Required: Iowa homeowners insurance claims must go through local representative, limiting direct claims processing options for customers.
• High Standards: Tighter qualification criteria for Iowa home insurance than competitors, so some properties may be out of coverage.

#3 – Auto-Owners: Best for Comprehensive Coverage

Pros

• Full Coverage: Most extensive Iowa homeowners insurance protection package at $17 monthly, including specialized coverage for unique property features and valuables.
• Local Adjusters: Dedicated Iowa claims team provides faster response times and thorough understanding of regional property challenges.
• Systems Protection: As mentioned in our Auto-Owners Group reviews, includes coverage for Iowa home equipment and appliance breakdowns with minimal deductibles.

Cons

• Limited Access: Have a basic Iowa homeowners insurance digital management tools without having advanced online features and mobile capabilities.
• Regional Focus: Coverage unavailable in certain Iowa counties, restricting access for some potential customers seeking protection.

#4 – Progressive: Best for Snapshot Savings

Pros

• Device Integration: According to our Progressive insurance review, Iowa's best smart home monitoring saves $18 monthly through advanced security and safety features.
• Snapshot Program: Usage-based monitoring reduces Iowa homeowners insurance rates significantly by tracking and rewarding responsible home maintenance practices.
• Multiple Properties: Homeowners who own a number of Iowa homes can take advantage of the discounts and save money with special rates for insuring multiple houses under one policy.

Cons

• Partner Coverage: Iowa home insurance policies underwritten by third-party companies, potentially causing confusion during claims processing.
• Complex Savings: There are multiple requirements for best Iowa homeowners insurance rates that requires attention to certain qualification criteria and documentation.

  #5 – Geico: Best for Affordable Rates

Pros

• Online Savings: Digital platform offers quick Iowa homeowners insurance quotes at $20 monthly, with additional discounts for online enrollment and paperless billing.
• 24/7 Claims: Round-the-clock Iowa home insurance support through multiple channels, ensuring immediate assistance during emergencies and natural disasters.
• Easy Compare: Transparent Iowa homeowners insurance rate comparison tools. They also offer renters insurance, read more in our Geico renters insurance review, with side-by-side coverage analysis features.

Cons

• Remote Service: Limited face to face interaction and personal consultation has been made harder due to the absence of local Iowa offices for in person assistance.
• Limited Options: Fewer Iowa home insurance customization choices than competitors, restricting ability to tailor coverage to specific needs.

#6 – Farmers: Best for Cheap Rates and Discounts

Pros

• Competitive Pricing: Our Farmers insurance review shows Iowa rates starting at $20 monthly, with multiple discounts to help in reducing overall costs.
• Bundling Options: Multiple policy discounts reduce Iowa homeowners insurance costs significantly, offering comprehensive protection at better rates.
• Professional Savings: Iowa professional organization members who are qualified can get extra value with group discounts.

Cons

• Age Restrictions: Higher Iowa home insurance premiums for older properties, potentially impacting owners of historic or mature homes.
• Agent Dependent: Most Iowa policy changes require local agent assistance, limiting self-service options and immediate modifications.

#7 – The Hartford: Best for AARP Members

Pros

• Senior Benefits: Iowa homeowners insurance discounts for AARP members at $21 monthly. (Read More: The Hartford Customer Reviews), featuring specialized coverage for retirees.
• Equipment Coverage: Extensive protection for Iowa home systems and appliances similar to extended warranty.
• Guaranteed Renewal: Qualifying Iowa homeowners are given lifetime policy renewal, which assures long term coverage security.

Cons

• Age Limited: Best Iowa home insurance rates restricted to senior citizens, excluding younger homeowners from premium benefits.
• Coverage Areas: Not all Iowa homeowners insurance options available statewide, limiting access in certain regions.

#8 – AAA: Best for Roadside Assistance

Pros

• Member Perks: Iowa homeowners insurance includes emergency roadside coverage at $22 monthly, plus additional travel and automotive benefits for comprehensive protection.
• Travel Protection: Extended coverage while away from Iowa residence, with added security for vacant homes and temporary relocations. Learn more about their offerings in our AAA customer reviews.
• Identity Security: Free identity theft monitoring for Iowa policyholders, including credit monitoring and fraud resolution services.

Cons

• Membership Cost: AAA membership required for Iowa home insurance access, adding extra annual expenses to overall insurance costs.
• Limited Offices: Few physical locations across Iowa for in-person service, potentially increasing response times for local assistance.

#9 – Travelers: Best for Hybrid Discounts

Pros

• Green Savings: As noted in our Travelers insurance review, eco-friendly Iowa homes save on $23 monthly rates through sustainable building practices.
• Deductible Benefits: Iowa homeowners insurance deductibles decline with each passing year, free of claims, and careful homeowners can enjoy long term savings.
• Renovation Coverage: Additional protection for Iowa home improvements including, materials coverage and contractor liability coverage.

Cons

• Initial Cost: Starting Iowa home insurance rates are higher with substantial upfront investment necessary for new policyholders to benefit from discounts.
• Complex Claims: Iowa homeowners insurance settlements involve multiple steps that increase the length of time it takes for the processing to be done.

#10 – American Family: Best for Coverage Options

Pros

• Flexible Plans: Our review of American Family insurance shows customizable Iowa coverage at $23 monthly with multiple add-on protection options.
• Loyalty Rewards: Long-term Iowa policyholders receive increasing benefits, including specialized coverage enhancements and deductible reductions.
• Renovation Protection: Special coverage during Iowa home updates and improvements, including extended protection for building materials and temporary structures.

Cons

• Regional Limits: Service not available in all Iowa areas, restricting access for some potential customers based on location.
• Strict Requirements: Detailed home inspections needed for Iowa insurance approval, potentially delaying coverage initiation and requiring additional documentation.

Iowa Homeowners Insurance Rates Comparison

The top providers that offer homeowners insurance in Iowa balance essential coverage with regional considerations when trying to find homeowners insurance in Iowa. If you’re in a military family, USAA is best, while State Farm provides an abundance of local agent support. Key factors driving coverage needs include weather risks:

• 27 floods documented
• 26 severe storms recorded
• 4 major tornadoes

FEMA data shows that Iowa has a lot of natural disasters to account for in coverage requirements and selection of providers.

• 65,391 property crimes
• 15,030 burglary cases
• 45,378 larceny incidents

Flood protection, repair of storm damage, and security measures should be the focus of coverage priorities. In our detailed comparison table below, we show that basic coverage offers good protection, but comprehensive plans better fit Iowa’s particular weather patterns and property crime rates.

Insurance Company	Minimum Coverage	Full Coverage
	$22	$82
	$23	$95
	$17	$74
	$20	$82
	$20	$81
	$18	$75
	$16	$65
	$21	$78
	$23	$92
	$13	$55

Our comparison table above showcases leading insurers that understand Iowa's unique challenges - from frequent floods to property crimes.

Remember, the right coverage balances cost with comprehensive protection against regional risks. Whether you're seeking basic coverage or full protection, consider getting quotes from multiple providers to find the best fit for your needs.

Knowing Iowa Insurance Statistics

Homeowners can better prepare for common risks by knowing Iowa's insurance claim patterns and understanding homeowners insurance statistics.

Claim Type	Portion of Claims	Cost per Claim
Wind and Hail Damage	35%	$12,000
Water Damage/Freezing	20%	$10,500
Fire and Lightning Damage	15%	$80,000
Theft/Vandalism	10%	$4,500
Liability Claims	5%	$30,000

Clearly, the largest number of Iowa's insurance claims are wind and hail damage claims, followed by fire damage claims, which although less common, have a higher average cost per incident. Iowa’s major cities vary in accident and insurance claim rates, based on population size and urban density.

City	Accidents per Year	Claims per Year
Ames	1,300	900
Cedar Rapids	3,200	2,200
Council Bluffs	1,100	700
Davenport	2,900	2,000
Des Moines	5,500	3,800
Dubuque	1,000	600
Iowa City	1,600	1,100
Sioux City	2,100	1,500
Waterloo	1,800	1,200
West Des Moines	1,200	800

Accidents and claims are highest in Des Moines and lowest in smaller cities like Dubuque, which may mean there is a correlation with population size.

Category	Grade	Explanation
Average Claim Size	A	Claims below national average
Vehicle Theft Rate	A-	Relatively low theft incidents
Uninsured Drivers Rate	B+	Slightly below average rate
Traffic Density	B	Moderate traffic, fewer accidents
Weather-Related Risks	C	High exposure to severe storms

Claim sizes and theft rates are well managed by Iowa insurers, but severe weather poses an equal concern for insurers and homeowners.

Iowa Homeowners Insurance Discounts: Compare Savings

Looking to reduce your Iowa home insurance costs? There are ways to save on homeowners insurance, by leveraging various discounts can reduce your homeowner's insurance premium by a lot and are offered by leading providers in Iowa.

Discount Name	Grade	Savings	Participating Providers
Multi-Policy Discount	A	25%	USAA, State Farm, Allstate, Farmers
Fire Alarm Systems	A	15%	Nationwide, State Farm, Progressive
New Home Discount	A-	20%	American Family, USAA, State Farm
Security System	A-	20%	State Farm, Nationwide, Progressive
Claims-Free Discount	B+	15%	Allstate, Liberty Mutual, Travelers
Senior Discount	B+	10%	American Family, State Farm, Travelers
Roofing Upgrade	B	10%	Farmers, Liberty Mutual, Travelers
Paperless Billing	B	5%	Allstate, USAA, Nationwide

Below, we compare available savings opportunities from the top insurers, helping you find the best and cheapest homeowners insurance in Iowa while maintaining comprehensive coverage.

Insurance Company	Available Discounts
	Multi-Policy, Good Driver, Anti-Theft Device, Early Signing, Paid-In-Full
	Multi-Policy, Good Student, Loyalty, Auto-Pay, Generational, Accident-Free
	Multi-Policy, Safety Features, Payment History, Paperless Billing, Paid-In-Full
	Multi-Policy, Good Student, Safe Driver, E-Policy Enrollment, Affinity Discounts
	Multi-Policy, Military, Defensive Driving, New Vehicle, Good Student, Accident-Free
	Snapshot Program, Bundling, Good Driver, Paperless, Auto-Pay, Continuous Insurance
	Safe Driver, Accident-Free, Good Student, Drive Safe & Save, Multi-Vehicle, Passive Restraint
	AARP Member, Vehicle Safety, Bundling, Defensive Driver, Driver Training Course
	Multi-Policy, Hybrid/Electric Vehicle, Early Quote, Safe Driver, New Vehicle
	Military, Good Driver, Multi-Policy, New Vehicle, Defensive Driving, Loyalty Discount

When shopping for cheap homeowners insurance in Iowa, these discounts can cut your rates in half. Compare multiple Iowa home insurance quotes and ask about combining discounts - such as multi-policy, safety features, and payment options.

Research shows well-maintained homes with security systems often qualify for the best savings on their Iowa homeowners insurance.

Best Iowa Homeowners Insurance Providers and Coverage Costs

For the best homeowners insurance in Iowa, USAA leads with $13 monthly rates and military-specific coverage, followed by State Farm offering 3,000+ local agents with Iowa home insurance starting at $16, and Auto-Owners providing dedicated claims service at $17.

Each company excels in unique areas - USAA's deployment protection, State Farm's documented storm coverage and hurricane insurance, and Auto-Owners' equipment breakdown protection make them top choices for Iowa homeowners insurance.

You don't have to be a veteran to support those who served in a meaningful way. Just ask NFL Hall of Famer @BrianDawkins. Visit https://t.co/NCPKnoBJKc to learn how you can #GoBeyondThanks. pic.twitter.com/GHuNXgDSiv

— USAA (@USAA) November 6, 2024

While the average home insurance cost in Iowa varies based on location and property details, finding affordable coverage is possible by comparing multiple quotes online. To find the best and cheapest homeowners insurance in Iowa, enter your ZIP code into our free home insurance comparison tool to find affordable coverage today.