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It's not easy to find the best homeowners insurance in Iowa because there are so many choices. That's why we have put together this guide to help you get started on your search.

The average rate for homeowners insurance in Iowa is $2,540 a year. Although, rates vary depending on the insurance company you choose and other factors.

Farmers is one of the best homeowners insurance companies in Iowa, based on Insurance.com's analysis. Its overall rating is five and A.M Best rated it A, which is the highest rating they provide.

Apart from Farmers, Travelers earned the highest J.D Power score as compared to other companies. It has earned 800 scores out of 1000 and received A++ ratings from A.M Best.

Read on to know more about the best and cheapest home insurance companies, their overall ratings, and average annual insurance rates for Iowa homeowners.

KEY TAKEAWAYS
  • IMT offers the cheapest homeowners insurance in Iowa.
  • The average cost of homeowners insurance in Iowa is $2,540 a year or $212 a month.
  • You can save an average of $581 or 19% a year, based on a rate analysis by Insurance.com

Best home insurance companies in Iowa

If you're looking for the best homeowners insurance company in Iowa, we've got you covered. We've compiled a list of some of the top-rated insurers in the state and compared their rates, their customer satisfaction rating, J.D. Power score, claims handling and AM Best rating to help make your decision easier. Here is the list of best home insurance companies in Iowa:

  • Farmers
  • Travelers
  • American Family
  • USAA
  • Nationwide

Compare best homeowners insurance companies in Iowa

One of the easiest ways to find the best homeowners insurance is by looking at all the options available and comparing them side by side. If you're looking for affordable homeowners’ insurance in Iowa, then look no further. Compare home insurance companies using the scores and ratings awarded to them by J.D. Power and A.M Best.

Below is a list of the best insurance companies for Iowa homeowners- 

CompanyOverall ratingJ.D. Power scoreAM Best rating
Farmers5813A
Travelers5800A++
American Family4831A
USAA3882A++
Nationwide3812A+

Average cost of homeowners insurance in Iowa

The average cost of homeowners insurance in Iowa is $2,540 a year or $212 a month. It's $235 more than the national average of $2,305 a year for home insurance. 

Many factors affect your home insurance rates, including the risk posed by weather conditions in your state. Your average home insurance premium will depend on factors like-

  • Building cost in your area
  • Local crime rates
  • Square footage of your home
  • The likelihood of certain types of disasters
Average annual premiumAverage monthly premium
$2,540$212

10 Most expensive zip codes in Iowa for homeowners insurance

Many factors go into determining how much you will pay for home insurance. Some of these include your ZIP code, the age of your home, building cost in your area, and others. 

We have gathered thousands of home insurance rates from major insurance providers across all the ZIP codes and compiled a list of the ten most expensive ZIP codes for Iowa homeowners. 

ZIP codeAverage annual rate
51526$2,456
51542$2,424
51576$2,416
51548$2,415
51503$2,414
51575$2,411
51510$2,409
51501$2,407
51549$2,406
51525$2,404

10 Least expensive zip codes in Iowa for homeowners insurance

Iowa homeowners insurance rates vary between insurers. Insurance rates are driven by many factors, and one of them is the ZIP code. Insurance companies take your ZIP code into account when deciding on your average home insurance premium

The least expensive ZIP code for homeowners insurance in Iowa is 52001. Its average rate for home insurance is $1,757 a year - $693 less than the state average. 

Below is a list of the least expensive ZIP codes for home insurance in Iowa-

ZIP codeAverage annual rate
52001$1,757
52002$1,777
52722$1,794
52003$1,796
52314$1,797
52039$1,799
52305$1,800
52336$1,802
52202$1,806
52253$1,807

Cheap homeowners insurance in Iowa

IMT offers the cheapest homeowners insurance in Iowa, based on Insurance.com's rate analysis. Its average homeowners insurance cost is $1,700 a year- $840 less than the state average ($2,540). 

It's a good idea to shop around to find affordable a homeowners insurance policy because prices vary by hundreds of dollars. But the cheapest is not always the best deal. You might end up paying too much if you avoid comparing quotes.  

Get at least three price quotes to save on your yearly insurance cost, suggests Penny Gusner, the former Senior Consumer Analyst at Insurance.com. 

Below are the average annual home insurance premiums for some of the cheapest homeowners insurance companies in Iowa. 

Company nameAverage annual premium
IMT$1,700
Liberty$1,784
Nationwide$1,962
Travelers$2,050
USAA$2,297
Foremost$2,385
Allied$2,472
Amco$2,486
Garrison$2,599
Allstate$2,717
Fire Insurance$3,032
Farm Bureau$3,073
State Farm$3,447
Safeco$3,918
American Family$4,030
Farmers$4,861
Auto Owners$13,232

Home and auto bundle discounts in Iowa

Most insurance companies offer a discount upon bundling your home and auto insurance policies. You can save an average of $581 or 19% a year, based on a rate analysis by Insurance.com. But the discount and saving percentage may vary depending on your insurance company.

Below is a list of major Iowa homeowners insurance companies that offer a discount on bundling auto and home insurance policies. Also, know how much Iowa homeowners can save on a home and auto insurance bundle.

Company$ Bundle average saving% Bundle average saving
Farmers$2,42429%
State Farm$86033%
American Family$64819%
Amco$61725%
Farm Bureau$54420%
Allied$53824%
Nationwide$31717%
Travelers$27813%
USAA$20310%
Allstate$19212%
IMT$18612%
Auto Owners$16610%

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