Best and cheapest renters insurance in Iowa

Best renters insurance companies in Iowa

When choosing the best renters insurance company in Iowa, make sure you’re comparing on more than just price. We’ve compared quotes, coverage options and J.D. Power scores from all the major insurers in Iowa. Below is our list of best renters insurance companies in Iowa based on that analysis, with our score out of five. Note that USAA only offers coverage to military families.

Company	Average rating(out of 5)
Nationwide	4.5
State Farm	4
American Family	3.5
Allstate	2.5
Farmers	2.5

Compare the best renters insurance companies in Iowa

Comparing quotes from multiple insurance carriers is one way to ensure you will get your money’s worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Ensure you buy from a company offering affordable renters insurance and consistent customer service.

To simplify your task, we have compared the carriers for Iowa residents based on their average rates and ratings from J.D. Power. Among the carriers surveyed, Nationwide is the best renters insurance company in Iowa. It earned 852 out of 1000 from J.D. Power and has an average renters insurance rate of $133.

The table below offers a detailed comparison of renters insurance companies in Iowa.

Company	J.D. Power Score	Average Annual Premium	AM Best Ratings
Nationwide	852	$133	A+
State Farm	844	$171	A++
American Family	856	$243	A
Farmers	842	$234	A
Allstate	835	$216	A+

How much is renters insurance in Iowa

Iowa residents pay an average of $181 a year for renters insurance, and the average monthly cost is $15. That’s for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance will not be the same as a neighbor’s price because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

“The number one thing that’s most important is to get good liability. A renter’s policy will default to $100,000 liability,” Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. “It costs next to nothing to go from $100,000 to $500,000. I want to say it’s probably 10 bucks a year. It’s really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that’s, at its core, what insurance is all about: the worst-case scenario.”

Average Annual Premium	Average Monthly Premium
$181	$15

Most expensive ZIP codes in Iowa for renters insurance

Several factors affect your renters insurance coverage cost in Iowa, including your location and the coverage you buy. The most expensive ZIP code in Iowa for renters insurance is 50981, where the average annual rate is $191 which is $10 more than the state average insurance premium.

The following table lists the most expensive ZIP codes in Iowa for renters insurance.

ZIP code	Average Annual Rate
50981	$191
50320	$189
51501	$188
51654	$187
50111	$186
51656	$185
51646	$184
51555	$183
51577	$182
52330	$181

Least expensive ZIP codes in Iowa for renters insurance

Renters insurance rates in Iowa are cheaper in some areas. Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in Iowa is 51243, and its average annual rate is $176.

Below, you’ll find the least expensive ZIP codes for renters insurance, along with their average annual rates.

ZIP code	Average Annual Rate
51243	$176
50046	$177
50124	$178
50535	$179
50157	$180
50013	$181
50025	$182
50070	$183
50147	$184
50133	$185

Compare renters insurance rates by city in Iowa

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Iowa.

City	Annual insurance premium
Ames	$179
Ankeny	$184
Cedar Rapids	$180
Council Bluffs	$187
Davenport	$179
Des Moines	$189
Iowa City	$178
Sioux City	$180
Waterloo	$182
West Des Moines	$185

Cheap renters insurance in Iowa by company

There are a lot of companies offering renters insurance in Iowa. Among the carriers surveyed by Insurance.com, West Bend Mutual is the cheapest renters insurance company in Iowa; its average annual premium is $127.

Renters insurance prices can vary drastically between companies. That’s why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the best cheap renters insurance companies in Iowa and their average annual premiums.

Company Name	Average Annual Premium
West Bend Mutual	$127
Nationwide	$133
Auto-Owners	$154
Iowa Farm bureau	$155
State Farm	$171
IMT Insurance	$205
Allstate	$216
Farmers	$234
American Family	$243

Methodology

Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. Content was updated in 2023.