WalletHub, Financial Company
In Iowa, you need $20,000 in bodily injury coverage per person ($40,000 per accident). Bodily injury liability insurance pays for other people’s injuries after a car accident that you cause, and it can also cover your legal fees if you are sued after a crash.
In addition to bodily injury liability insurance, drivers in Iowa need to purchase $15,000 in property damage liability insurance. Property damage liability coverage pays for damage to others’ property after an accident caused by the policyholder.
Together, these Iowa liability insurance requirements are often written as 20/40/15. Even though Iowa only requires 20/40/15 in liability insurance, it’s a good idea to purchase more coverage if you can afford it. Buying higher coverage limits can protect you financially if you cause a serious accident.
For more information, check out WalletHub’s complete guide to bodily injury liability insurance.
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