UPDATED: Mar 13, 2020
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Cheap Car Insurance in Sioux City, IA
Do you need cheap auto insurance in Sioux City, IA? At AutoInsuranceEZ.com, you can get the best insurance rates where you live. To get free car insurance quotes from the best providers today, provide your zip code into the quote box on this page.
Sioux City is located on the Missouri River in the western part of the state of Iowa. Sioux City is famous for being one of the locations documented during the Lewis and Clark Expedition during the early 1800’s. The city is also a popular spot for riverboat casinos and other forms of historical tourism.
- Fun fact: Did you know that Sioux City is #1 on the list of “Top 101 cities with largest percentage of males working in industry: Food (population 50,000+)”? Learn more about Sioux City.
Auto Insurance Coverage Requirements in Iowa
Driving legally in Sioux City requires:
|Bodily Injury Liability||20,000/40,000||100,000/300,000|
|Property Damage Liability||Not required||100,000/300,000|
|Uninsured Motorist Bodily Injury||Not required||100,000/300,000|
|Medical Payments||Not required||5,000|
|Collision||Not required||500 deductible|
|Comprehensive||Not required||250 deductible|
Iowa has some of the most lax insurance coverage requirements around. While this means that insurance will likely be cheaper, it also means that you will be burdened with a larger financial liability if you don’t have sufficient coverage.
The typical Iowa driver pays about $88 per month for their automobile insurance. However, based on our analysis, Sioux City drivers can get insured for as little as $27/mo*, if you know how to shop. Keep reading, and we’ll tell you all about the biggest discounts you can get on your policy.
Farmers, American Family, and Grinnell are currently offering the lowest rates in the Sioux City area. But are low rates the only metric to base your decision on? What about their customer service reviews? Or their claims filing process? Just remember that there are many factors to consider before you make a final decision.
Auto insurance providers contemplate various elements when assessing insurance quotes, including gender, where you live, credit score/rating, driving distance to work, and theft protection devices. In addition, premiums vary from company to company. To find out whether you’re still being charged the most favorable rate, compare cheap Iowa auto insurance quotes online.
Major Car Insurance Factors in Sioux City
There are several ways your car insurance rate can be determined. But not all of it is out of your control; there are things you can do in order to influence which discounts you are eligible to get. The following are a few of these factors in greater detail:
Your Zip Code
The cheapest car insurance is usually found in cities with a lower population density. Because there are fewer automobiles on the road, there are fewer opportunities for you to get into a major car accident with another driver. The population of Sioux City is 82,459 and the median household income is $44,073.
Although the population has dropped in recent years, accident statistics are climbing. Take a look at the chart above. There were 11 fatalities associated with accidents in Sioux City for the year 2013. High rates of accidents in your zip code might mean that you will have to pay more each month for your automotive insurance.
Auto Thefts in Sioux City
Even in small cities or rural towns, auto theft can still be a problem. In order to make it less of a problem for you, think about installing a passive anti-theft system on your car. Your auto insurance company may reward you with lower rates! In Sioux City, there were 201 auto thefts in 2013. This means that thefts are on the rise. But you can protect yourself by adding Comprehensive coverage to your policy.
Your Credit Score
For most insurance companies, especially the large national ones, having a low credit score means you can expect to pay 50-70% higher premiums each month. However, some local providers may offer coverage for an affordable price, regardless of credit score.
Statistics show that the younger you are, the more dangerous you are behind the wheel. To offset the risk of a possible accident, most teenage drivers are expected to pay much higher rates than their older adult counterparts. However, young motorists can save money with Good Student or Drivers Ed discounts.
Your Driving Record
A clean driving record will get you the lowest rate, while accidents and tickets will raise your monthly cost. Too many citations, or serious violations such as a DUI, might result in a loss of coverage all together. Be sure to talk to your insurer about Accident Forgiveness discounts in order to save some money.
Expensive luxury vehicles aren’t just more expensive to insure because they cost more to replace. Odds are that you’re going to want to protect an expensive car with additional insurance coverage. And the more coverage you buy, the more you will have to pay in premiums.
Minor Car Insurance Factors in Sioux City
The factors below may also have an influence in your monthly premium, although they might be a little harder to control:
Your Marital Status
Many automobile insurance providers are naturally gravitating away from charging wildly different rates for male and female drivers. Many providers don’t charge different rates at all based on gender alone. Those who do charge no more than a 1-2% difference – and whether that difference punishes males or females depends wholly on the insurance provider.
Insurance company data shows that there really isn’t a big difference in risk from one gender to another. Most major providers don’t even charge different rates based on gender anymore. However, the few companies that still do only charge about a 2-3% difference. And whether or not that difference punishes males or females largely depends on the company providing the policy.
Your Driving Distance to Work
The typical work commute can last between 11-22 minutes for most Sioux City drivers. And while approximately 4-13% of workers choose to carpool to and from work, another 75% usually drive their car in by themselves.
Feel free to drive as many miles as you want per year, and for whatever reason – driving more miles, or only commuting for pleasure won’t make a huge dent in your monthly premium. However, business vehicles generally have about 10% higher insurance rates, so be wary of that fact.
Your Coverage and Deductibles
If you add additional coverage options to your policy, you can lower your monthly payments by raising your deductible. Keep in mind, though, that if you ever have to file a claim, you should have the cash on hand to be able to pay that deductible.
Education in Sioux City, IA
Recently, statistical data has shown that the more educated a driver is, the more likely they are to receive a lower rate on their auto insurance. This is true, no matter what job title you have or how much you make yearly. In Sioux City, most drivers have a high school diploma or some equivalent thereof. A slightly smaller number have not yet finished their high school education.
Sioux City contains nearly half a dozen different institutions for higher education. Briar Cliff University and Morningside College are both private schools which are affiliated with various religious organizations. Western Iowa Tech is a large community college with five different campuses, with its main campus located in Sioux City.
Finding affordable auto insurance can be a hassle. There’s a lot of information you need to consider and, figuring out how insurance companies evaluate your potential risk can be complicated. But don’t let the wrong insurance company talk you into purchasing the wrong policy.
How We Conducted Our Car Insurance Analysis
*We calculated our average rate based on the following metrics: a married, 34 year old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home. Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.
These Companies Offer Affordable Car Insurance in Sioux City, IA – Act Now