When you find yourself exchanging insurance information with another driver, it helps to know you have an ace up your sleeve. At Midwest Insurance Solutions, we make it easy to find coverage that will stand in the gap for you when vehicle damages and liability expenses loom ahead.
Car Insurance FAQs
How much auto insurance do I need in Iowa?
The Iowa minimum auto insurance requirements are designed to provide a small level of protection in the event you damage someone else’s property, or you cause harm to another person. In Iowa, drivers need a minimum of $20,000 per person and $40,000 per accident for Bodily Injury Liability Coverage and $15,000 per accident for Property Damage Liability Coverage.
What is the best deductible?
The best deductible is what you can afford to pay out of pocket when you file an auto insurance claim. The higher the deductible, the lower your premium will be, and vice versa. A higher deductible means your accepting a more significant portion of the risk yourself. It is best not to take on more risk than you can afford.
What is “full coverage?”
There is no such thing as “full coverage” insurance. Full coverage auto insurance is a term that is used to suggest you have chosen protection that goes beyond the minimum coverage required by your State. It typically includes collision and comprehensive coverage, medical payment coverage, and uninsured and underinsured motorist coverage.
How can I save money on my car insurance?
You can save money on your car insurance by avoiding moving violations, crashes, DUIs, and other incidents. By having a clean driving record, you may also qualify for a safe driver discount. Students may qualify for good student and student-away-at-school discounts. Your vehicle’s anti-theft devices and safety features may also provide more discounts. Paid-in-full, multi-car, and prior carrier discounts are also common.
How long does an auto accident affect my insurance?
A crash won’t impact your car insurance premiums forever. After about three to five years, your rates should recover. Exactly how long this takes will depend on the type of accident as well as the company you are insured with.
Is buying direct cheaper than buying through an agent?
Buying direct is not always cheaper than buying through an agent. You might think that cutting out the middleman would result in cheaper car insurance rates, but when it comes to insurance, this isn’t the case. In fact, an independent agent, one that represents many insurance companies, can often save you money.
What is the best auto insurance company?
The best auto insurance company differs per individual. No insurance company is objectively the best. It all depends on what you’re looking for. Do you want the best customer service, the broadest coverage, or the lowest rates? Or maybe you have unique coverage or underwriting needs? An agent can help you compare car insurance quotes from multiple insurance companies and find the right policy for your situation.
What is the best or cheapest auto insurance rate?
The best or cheapest auto insurance rate can be found by comparison shopping. Compare premiums as well as differences in coverage. An independent insurance agent can help. They can provide options from multiple carriers, along with the expert guidance you need to make a smart choice.
How do I switch to a new auto insurance company?
You can switch to a new auto insurance company at any time, but to avoid overpaying or violating state law, you do need to watch out for a couple of things. Car insurance policies are often sold for coverage periods of six months or one year. In some cases, you may be charged a fee if you decide to cancel your insurance policy early. You may also be entitled to a refund for the unused portion of the premium. You also want to make sure you have continuous coverage to avoid a coverage gap.
Affordable Iowa Car Insurance
Insurance policies come in many different types and at varying costs. While we believe that the quality of your coverage is the most important factor when shopping for insurance, we also know that good car insurance doesn’t have to cost a fortune. As an independent agency, we shop and compare coverage and rates on behalf of our customers, giving you access to competitive rates and reputable insurers.
We know what is expected of you. From state coverage laws to mandatory coverage that satisfies lender requirements, we can help you maintain compliance and also find coverage that provides reliable protection when you need it most. We can also help you calculate your financial risk exposures to estimate better how much coverage is right for you.
Coverage for Your Vehicle
If your vehicle needs bodywork, prepare for a large bill. Damage repair after a collision or other event, such as a hail storm, can incur thousands of dollars in restoration costs. In some cases, vehicles are damaged beyond repair, making them a total loss. Make sure your insurance policy includes collision and comprehensive protection, which provide coverage for vehicle repairs and compensation for total loss due to a covered event.
Coverage for You and Your Passengers
You cannot put a price on your safety or that of your passengers. Insurance cannot keep you physically safe, but it can help prevent a financial burden if you require medical attention for injuries sustained in an accident. Your insurance may include medical payments coverage, which provides limited compensation for necessary medical expenses regardless of fault. Your coverage may also include uninsured/underinsured liability protection, which helps pay for injury-related expenses when you are hurt by an at-fault driver with little or no insurance.
Coverage for Financial Liabilities
If you are the one responsible for causing a car accident, you are also the one responsible for compensation of damages. Liability insurance is mandatory in Iowa, and it helps pay for victim medical bills, property damage repair, and other types of compensation when you are at-fault for an accident. It can also cover your legal fees if you are sued. We typically recommend higher liability limits than required by law to help minimize your risk of out-of-pocket loss in excess of your coverage amount.
Additional Coverages
In addition to the coverage available for you, your passengers, and your vehicle, your auto insurance policy may also protect you against other losses. Examples include towing, roadside assistance, temporary transportation compensation, and more. Talk to your agent to learn about your coverage options and which ones may be right for you.
Des Moines Insurance Discounts
Many insurers feature discounts that reduce premiums for drivers who meet certain eligibility requirements. Although these discounts can vary from company to company, they often apply to policy-holders who have clean driving records, take driver safety courses, and have no recent history of claims. Savings may also be available to those who purchase multiple lines of insurance or who insure multiple vehicles on the same policy. At Midwest Insurance Solutions, we will work hard to identify every discount available to you.
For more information about Iowa car insurance or to request your free quote, contact our office today.
