10/28/2021 | Press release | Distributed by Public on 10/28/2021 08:42
Des Moines, Iowa - Iowa ranked #1 in the U.S. for most affordable personal auto insurance according to a recent study by the Insurance Research Council.
"Affordable auto insurance is good news for Iowans," Iowa Insurance Commissioner Doug Ommen said. "With Iowa's ability to keep the cost drivers of insurance down and with a competitive market that provides many options for consumers to choose from, I look forward to Iowa continuing to lead in this area."
The Insurance Research Council's affordability index uses the ratio of average auto insurance expenditures to median household income. The data is used to measure and compare auto insurance affordability over time and across jurisdictions.