How Much Auto Insurance Is Required In Iowa?

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   Trevor Toft

   Vice President, State Bank Agency,

   You are required to hold minimum limits of 20/40/15.  This is bodily injury of $20,000 per person maximum with a $40,000 accident maximum coverage.  The 15 is $15,000 in property damage caused in any one accident.  These are the absolute MINIMUM limits and should not be taken as being enough coverage for your situation.  Talk to an agent to determine how much coverage may be right for you.  You may also purchase a bond assigned to the state and avoid the premium on auto insurance.  Often times, auto insurance is cheaper than the annual bond premium.
   
   Trevor Toft
   State Bank Agency
   7122754512

   Answered on November 12, 2013

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