Iowa Car Insurance Laws, Rates, and Minimums
When it comes to automobile coverage everybody would like to find savings. Since state law makes it mandatory for motorists to be insured at all times while operating a vehicle, finding the lowest rate is important. By comparing auto insurance quotes from multiple insurers the chances of finding the cheapest policy becomes a lot more likely.
Finding Cheap Iowa Car Insurance
The most effective way to save on policies is by completing an Iowa auto insurance comparison of companies and rates. Each company views motorists differently and therefore their pricing can vary significantly with every provider. With this in mind, one should obtain as many quotations as possible before coming to the decision of who they would like to be protected with.
Obtaining quotations can be done quickly and efficiently with the help of the Internet. With so many providers out there to choose from, it can be extremely time consuming to contact each one individually to find the one that suits a consumer best. With the submission of a simple online application, consumers can now have the rates of reliable competitors provided to them in a matter of minutes. This makes finding cheaper IA car insurance premiums easy and convenient.
Iowa Auto Insurance Laws
Every driver is required by IA car insurance laws to be covered by a liability policy. This protects others on the road if the insured is found to be at fault in a traffic accident. The minimum limits required are as follows:
- $20,000 for bodily injury to one person
- $40,000 for bodily injury to two or more people
- $15,000 for property damage of the other party
Uninsured and Underinsured Motorist coverage must be offered to the insured at the time they purchase a policy. This coverage must be equal to the minimum financial responsibility limits. This covers bodily injury to the policyholder caused by a driver that does not have a policy or is underinsured. This option can be rejected with a separate form provided by the insurer and signed by the insured.
In addition, the National Highway Traffic Safety Administration states that Iowa has very strict laws against driving under the influence and very harsh penalties. Be sure to always practice safe driving in order to keep rates down.