Best cheap car insurance quotes in Oelwein
Iowa has a minimum liability insurance requirement, which is the minimal amount of car insurance you must have in Oelwein and provides the cheapest rate. But minimum liability isn’t always enough coverage—and you should consider purchasing full coverage if you want to cover the repair or replacement costs for your own car.
Cheap minimum liability insurance quotes in Oelwein
To hit the road legally, Oelwein drivers need to meet Iowa minimum coverage limits for bodily injury liability
and property damage liability
. Iowa minimum liability coverage includes $20,000 in bodily injury liability per person, $40,000 per accident, and $15,000 for damage to property. This coverage is commonly known as 20/40/15 insurance.
With this basic liability coverage, you’ll be covered up to the policy’s limits if you cause injuries or property damage while driving.
Here are some examples of Oelwein car owners that Jerry recently helped obtain minimum liability coverage.
Coverage
State Minimum
Oelwein, IA
(Zip Code: 50662) Coverage
State Minimum
Oelwein, IA
(Zip Code: 50662) Do you need more than minimum coverage in Oelwein?
Most drivers in Oelwein need higher liability coverage than the 20/40/15 state minimum mandated by Iowa car insurance laws
. In an at-fault accident—i.e., an accident that you cause—you could be responsible for medical bills and vehicle repairs well over the 20/40/15 limit, especially if you cause severe injuries to another person. If the car is totaled, the cost to replace it can be more than $40,000—well above that $15,000 property damage limit.
It’s important to remember that Iowa’s car accident laws
allow drivers to file bodily injury lawsuits for up to two years after a car accident and sue for property damage for up to five years—so your liability extends long past the actual accident date! The bottom line: For better financial protection, you should consider 50/100/50 or 100/300/100 liability coverage—even if you choose not to have full coverage on your car.
Cheap full coverage car insurance quotes in Oelwein
Full coverage car insurance
is the best way to protect yourself from costs associated with repairing or replacing your vehicle. Full coverage includes comprehensive and collision insurance. Collision coverage
covers the cost of fixing or replacing your car after an accident. Comprehensive coverage
pays out if your vehicle is stolen or damaged by something other than a crash, such as vandalism, theft, or natural disasters. If you bought your car with a loan, your lender will typically require collision and comprehensive coverage. On top of a full-coverage policy, you can purchase uninsured motorist coverage
to guard against uncovered injuries or damage in an accident caused by a driver without car insurance. Insurance coverage | Insurance company | Premium (monthly) | Customer | Car |
---|
• 100,000/300,000 Liability • Comp / Collision | Progressive | $72 | | Chevrolet Camaro LT |
• 100,000/300,000 Liability • Comp / Collision | Nationwide | $74 | | Dodge RAM 1500 |
Last Updated Oct 1, 2024
The easiest and fastest way to find the cheapest car insurance for your preferred coverage option is to compare car insurance quotes online.
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