Did you know that you don't have to buy car insurance in Iowa if you have a perfect driving record and enough money to pay for medical bills and property damage in the event of an accident?
But before you start driving in Iowa without car insurance, you should know that most people may not have the money to pay for an accident out of their own pockets. Because of this, most Iowans choose to buy car insurance.
Also, if you're getting a loan to pay for your car, your lender will make you buy car insurance.
So, even though most drivers in Iowa aren't technically required to have car insurance, the fact is that the vast majority of drivers in Iowa are still looking for the best rates on car insurance.
Drivers in Iowa are lucky because they have a lot of options that can help keep their car insurance costs low.
Your driving record is one of the most important things that affects how much you'll pay for car insurance. If you want to keep your car insurance rates as low as possible, you must keep your driving record clean. Don't speed or break any other driving rules. And definitely no driving under the influence (DUI) or driving while drunk (DWI) convictions (DWI).
Your car insurance will go up a lot if you have a DUI or DWI on your record. If you get a second DUI or DWI, you will have to get high-risk insurance at a price that will knock your socks off, if you can even get it.
Drivers under the age of 25 are seen as bad risks, so their insurance is much higher than what a good driver over the age of 25 will pay. Young drivers should try to stay in school as long as they can and get at least a "B" average. If they do this, every month their car insurance premium will go down by 5% because they are good students.
Drivers over the age of 65 can apply to take a refresher course. Not every insurance company has a course like this, but if yours does and you pass it, you can save about 10% per month on your car insurance premium.
If you don't drive your car very often, you may be able to get a big discount on your monthly bill called a Low-Mileage Discount.
Do you drive a car that is a few years old or has almost no value? Even if you pay for collision and comprehensive insurance every month, your insurance company won't pay you more than the Kelly Blue Book value of your car if you get into an accident. Check with your agent to see if paying for comprehensive and collision insurance is still worth it to you.
You might want to raise your deductible. You shouldn't do this without giving it a lot of thought, because if you make a claim, you'll have to pay your deductible out of pocket before your insurance company will pay anything toward fixing or replacing your car. But if you raise your deductible, your monthly car insurance payment will go down.
Now that you know what you can do to lower your car insurance rates, you should go online and find at least 3 websites that let you compare the prices of car insurance from different companies.
If you really want to save as much money as possible and get the best rates on car insurance in Iowa, you'll need to spend the extra time to compare at least 3 different websites. This way, you can be sure that you are comparing prices from as many insurance companies as possible, and you can be sure that you have found the best deal at the best price.
