Car Insurance Info or Iowans
Driving with no worries
There are many things to consider when trying to get your car insured, especially for new drivers. There is always a danger that insurance agents would be unclear regarding the exact details of one’s insurance policy in order to make a sale. That is why it is important to gather all the information available before signing off on anything. A car insurance policy is a commitment. Knowing what you are signing up for is usually more than half the battle.
One thing that is very important to know is that there are government mandated requirements for car insurance policies that differ from state to state. Here, we’ll take a look at the requirements for the state of Iowa. Iowa car insurance policies differ a little from the policies of another state, so if you have just moved to Iowa, here are the things you need to understand about basic Iowa car insurance policies.
The state of IA requires all of its residents to carry liability insurance. Liability insurance is coverage for medical costs and repair on property damage in the event that the insured is the liable party. Iowa car insurance liability coverage is set at a minimum of 20/40/15. What does this mean? In the simplest words possible, this means that an Iowa car insurance policy would cover at least 20 thousand dollars worth of medical costs if the there is a single injured person, 40 thousand dollars if there were more than one injured individuals, and 15 thousand dollars would cover the repairs of any damaged property from the accident.
The state also urges its drivers to get uninsured/underinsured coverage. This is not a requirement for Iowa car insurance policies to have, but it’s one of the insurance options that the state strongly recommends that its drivers carry. Uninsured/underinsured coverage is for when the liable party in the accident is either not insured or is insured, but his policy is not enough to cover all of the costs of the accident.
Be sure to contact the Iowa Insurance Division located in Des Moines in order to get all the information you might need.
