subject: Iowa Auto Insurance - Basic Information [print this page] Iowa Auto Insurance - Basic Information Iowa Auto Insurance - Basic Information
It is interesting to note that in Iowa state, you are not required to have auto insurance before you can drive legally in the state. More interesting however is the fact that to be able to drive without insurance in the state, you MUST show the state proof that you have enough funds to take care of whatever cost that may come to you from an accident. I guess this is a wise call. Now, how many people fall into this category? I am sure there are such people but since they are very much in the minority, the state allows others to go with the second options which is having a minimum liability coverage.
For those drivers that know they do not have unlimited funds and would rather drive with insurance cover, it is important that you are aware of the states required minimum cover. Here they are. $20,000 minimum in liability cover for bodily injury per person, $40,000 minimum in liability cover for bodily injury per accident and $15,000 minimum liability cover for property damage per accident.
With these coverages in place, you can drive legally knowing you have met the state's minimum car insurance requirement. This does not however mean that you are well covered. It only means that should you be at fault in an accident, the victims would have something from you. In some cases, the liability incurred is more than the state minimum meaning that the at-fault driver would have to look for a way of raising the difference or face some very serious situations. Going with just the state minimum also means that your car repairs would not be covered if you are at fault in the accident and so also would other damaged property not be covered. If you think it is important to cover yourself better, then you should think of getting more coverage like Collision or Comprehensive Covers. Another cover to really consider is the Uninsured/Under-insured motorist cover. With this, you are covered against drivers who have little or no liability coverages.
Everywhere people complain of the high cost of vehicle insurance. This is true. It is also true that affordable auto insurance is possible when you put some tips to work for you.
First off, do not get a policy without first getting and comparing quick auto insurance quotes. With these quotes, you can more easily find affordable auto insurance.
Next, Find out the discounts you can get and qualify for them. The more discounts you get, the lower your rates become. Your insurance agent can tell you all about the discounts possible with your insurer.
Finally for here, increasing your deductible lowers your rates. If you can safely push your deductible higher, you would be directly reducing your rates.
Iowa auto insurance issues that are unclear to you can be cleared up quickly when you call the Iowa Insurance Division at (515) 281-5705. The can help you understand whatever you may want to know.
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