The average cost of auto insurance in Cedar Rapids, IA, according to Zimlon, is $792. This is much lower than the average cost of auto insurance in neighboring places such as Hiawatha, Monroe, and Big Grove. It is also lower than the state average of Iowa. Residents of Cedar Rapids can save up to $320 by comparing multiple auto insurance quotes. Auto insurance depends on numerous factors ranging from the make and model of the vehicle to the driver’s age.

Insurance Requirements in Iowa:

• Bodily injury liability: $20,000 per person and $20,000 per accident.

• Uninsured/Under-insured Motorist Coverage: $20,000 and $40,000

Demographics:

The cost of auto insurance depends on the driver’s age and gender. Women are generally considered to be safe drivers, making auto insurance cheaper for them. As the above infographic indicates, auto insurance is the most affordable for married women and senior men at $689 and $776, respectively. Auto insurance is expensive for teenagers since they lack driving experience. The average cost of auto insurance for teenagers in Cedar Rapids is $2,209.

Neighborhood:

The neighborhood one lives in Cedar Rapids can also have an impact on the cost of auto insurance. Zimlon offers the option of keying in one’s zip code to get accurate auto insurance quotes from multiple auto insurance companies. Depending on several factors like the make and model of the vehicle and the rate of auto thefts in the neighborhood, the price can vary within the city. 

Driving Record:

The driving record of car owners also has a direct impact on the cost of auto insurance. Getting charged for offenses such as DUI and driving without a proper license can have a long-term impact on Cedar Rapids’s cost of auto insurance. Post-DUI, the average cost of auto insurance increases to $1,473. This increases to $4,860 for male teenagers and $3,695 for female teenagers.

Deductible:

Deductibles are among the most common factors affecting the rate of auto insurance in the country, and Cedar Rapids is no different. A higher deductible leads to a decrease in the cost of auto insurance, while a low deductible can lead to an increase. The average cost of auto insurance on a low deductible ($500) for a Suzuki Grand Vitara Limited, is $780. This goes down to $720 when the deductible is higher ($1,000).

Credit Score:

A healthy credit score will also determine the cost of one’s auto insurance. Possessing an “exceptional” or “good” credit score will reduce the cost of auto insurance for the car owner, while a “poor” credit score can lead to a substantial increase in Cedar Rapids.