Homeowners insurance in Iowa: premium by ZIP code
Iowa's median ZIP code paid $1,602 per policy in 2022, after a rise of +12.2% after inflation, ranked 10 of 51.
Independent site, not an insurer or a broker. Treasury figures cover 2018 to 2022 only.
Premium per policy in 2022, Iowa (median ZIP code)
$1,602
Average paid per HO-3 or HO-5 policy, inflation-adjusted as published by the Treasury. At September 2026 prices: about $2,134.
| Change from 2018 to 2022, after inflation | +11.8% |
| Premium per policy in 2018 | $1,433 |
| Premium per policy in 2022 | $1,602 |
| 2022 premium carried to September 2026 (BLS index) | $2,134 |
| Policies not renewed by the insurer, 2022 | 0.92% |
| Claims paid per 100 policies, yearly average | 5.8 |
| Average claim paid, 2018 to 2022 (adjusted) | $14,233 |
| Cancelled for nonpayment, 2022 | 1.45% |
Treasury data stop in 2022. The September 2026 figure applies the national BLS price index to the 2022 value, read as 2022 dollars: an estimate, not a quote.
Compiled by Radif Partners · Where the numbers come from · 580 ZIP codes in 99 counties of Iowa in the Treasury file · not a quote
Iowa's median homeowners premium per policy was $1,602 in 2022 in the Treasury file, a little above the national $1,551, after a rise of +12.2% after inflation from 2018, ranked 10 of 51. Two storm years shaped it. In August 2020 a derecho crossed the state and struck Cedar Rapids hardest; Iowa's paid loss ratio rose from 27% to 41%. In 2022 hail and wind pushed paid claims to 6.1 per 100 policies and the loss ratio to 53%, the highest of the five years. Polk County, Des Moines, paid $1,579; Pottawattamie County, across the river from Omaha, $1,902. Nonrenewals were above the national median, 0.92% in 2022. The Iowa FAIR Plan writes homes private insurers decline. The data stop in 2022, and the national price index rose fast afterwards.
Cedar Rapids and the derecho
The storm of August 10, 2020 flattened crops, trees and roofs across a band of central and eastern Iowa. Linn County, around Cedar Rapids, had 20 ZIP codes in the file, a median premium of $1,598 in 2022 and a rise of +11.9% after inflation. Curiously, ZIP 52401, in the heart of Cedar Rapids, had the lowest premium per policy in the state, $1,221, a reminder that the premium per policy follows the houses of an area as much as its storms. Statewide, paid claims in 2020 were 4.6 per 100 policies, up from 3.5.
A worse year in 2022
The figures for 2022 are higher still: 6.1 paid claims per 100 policies and a paid loss ratio of 53%, against 28% in 2018. A run of severe storms through the year spread claims across most of the state. Ratios like that are followed by rate filings, so premiums after 2022, outside this file, rose faster than the +12.2% shown here. The page on rising premiums carries a 2022 premium to September 2026 with the BLS index.
An Iowa hail claim on an older roof
Example, not your result yet· change a figure to see yours
Actual cash value settlement
$2,300
| Value left in the roof | 32% |
| Depreciated roof value before deductible | $4,800 |
| Replacement cost before deductible | $15,000 |
Des Moines, the Quad Cities and the lakes
Polk County, with 30 ZIP codes, rose +13.7% to $1,579. Scott County, Davenport, paid $1,568, and Pottawattamie County $1,902, the highest of the large counties. The dearest ZIP codes were 51355 in Dickinson County, the Okoboji lakes, at $2,506, and 50061 in Madison County at $2,428. ZIP 52172 in Allamakee County, in the northeast corner, paid $1,248.
Renewals and the FAIR Plan
Iowa's nonrenewal rate was 1.20% in 2018 and 0.92% in 2022, ranked 20 of 51. The Iowa FAIR Plan writes a dwelling fire policy and an HO-8 form for homes that cannot find a private insurer. The Iowa Insurance Division reviews complaints. Iowa has many county mutual insurers; some small ones may not have reported in the data call, which matters most in rural ZIP codes.
Iowa, year by year
| Year | Iowa median ZIP | National median ZIP | Nonrenewal rate | Claims per 100 policies | Paid loss ratio |
|---|---|---|---|---|---|
| 2018 | $1,433 | $1,445 | 1.20% | 3.7 | 28% |
| 2019 | $1,446 | $1,469 | 1.02% | 3.5 | 27% |
| 2020 | $1,480 | $1,491 | 0.84% | 4.6 | 41% |
| 2021 | $1,561 | $1,521 | 1.01% | 4.1 | 36% |
| 2022 | $1,602 | $1,551 | 0.92% | 6.1 | 53% |
The Iowa counties with the most ZIP codes in the file
| County | ZIP codes | Median 2018 | Median 2022 | Change | Nonrenewal 2022 | Average claim |
|---|---|---|---|---|---|---|
| Polk County | 30 | $1,384 | $1,579 | +13.7% | 1.08% | $13,200 |
| Linn County | 20 | $1,397 | $1,598 | +11.9% | 0.86% | $16,326 |
| Scott County | 17 | $1,429 | $1,568 | +10.5% | 0.86% | $14,279 |
| Pottawattamie County | 14 | $1,651 | $1,902 | +14.3% | 1.28% | $16,589 |
| Benton County | 13 | $1,416 | $1,559 | +8.8% | 1.03% | $21,915 |
| Story County | 13 | $1,487 | $1,631 | +14.2% | 1.06% | $14,274 |
| Woodbury County | 13 | $1,461 | $1,722 | +17.3% | 1.01% | $14,050 |
| Clinton County | 12 | $1,404 | $1,493 | +9.9% | 0.82% | $12,997 |
Highest and lowest premiums per policy, Iowa ZIP codes, 2022
| ZIP code | County | Premium per policy | Change since 2018 | Nonrenewal 2022 |
|---|---|---|---|---|
| 51355 | Dickinson County | $2,506 | +5.1% | 0.28% |
| 50061 | Madison County | $2,428 | +16.5% | 0.42% |
| 51561 | Mills County | $2,388 | +23.5% | 0.52% |
| 51542 | Pottawattamie County | $2,343 | +3.1% | 1.01% |
| 52767 | Scott County | $2,241 | +31.7% | 2.53% |
| 52401 | Linn County | $1,221 | +11.8% | 0.00% |
| 52172 | Allamakee County | $1,248 | +5.3% | 0.84% |
| 52347 | Iowa County | $1,291 | +4.5% | 0.00% |
| 50702 | Black Hawk County | $1,291 | +14.6% | 1.35% |
| 52235 | Johnson County | $1,304 | +0.3% | 1.22% |