Yes. Like most states, Iowa has what’s known as an at-fault car insurance system. This simply means the at-fault party is responsible for paying for the accident. Often, this responsibility falls on the shoulders of the at-fault driver’s insurance company.
In addition, Iowa has a "modified comparative negligence" system, which is also known as "modified comparative fault." Under this system, injury victims must prove that the at-fault driver was more at fault than them. This is very important if the injury victim’s accident claim turns into a legal case.
In the event that the case goes to trial, the judge or jury will assign a percentage of fault to each party involved in the accident. If one party is found to be 50 percent or more at fault, they will be barred from recovering any compensation.
Additionally, the amount of damages (financial compensation) that the injury victim (known as the plaintiff) can recover will be reduced based on their degree of fault. For example, if the plaintiff is deemed to be 30 percent at fault for causing the accident, they will only receive 70 percent of the damages awarded to them.
What type of car insurance is required in Iowa?
Iowa drivers are required to have insurance. The mandatory minimum car insurance requirements in Iowa include:
- $15,000 per accident for property damage caused by the insured driver.
- $20,000 for bodily injury-related expenses or the death of one person caused by the insured driver.
- $40,000 per accident for bodily injury-related expenses or the death of two or more people caused by the insured driver.
All three types of mandatory car insurance in Iowa are known as liability coverage. This is a legal term that applies to insurance that pays for accident-related expenses caused by the insurance policyholder. In other words, the liability insurance on your policy doesn’t pay for your injuries, it pays for someone else’s injuries in an accident you cause. Likewise, if you are injured in an accident caused by someone else, it’s their liability insurance that will apply to your claim.
What optional car insurance is available in Iowa?
Along with the mandatory minimum car insurance requirements in Iowa, some drivers choose to get additional insurance. Some of the most common types of optional car insurance in Iowa include:
- Medical Payments (MedPay) Coverage – This insurance pays for medical expenses for you and your passengers, regardless of fault.
- Collision Coverage – In the event of an accident, this type of coverage will pay for the damage to your vehicle regardless of who was at fault. It can also cover damage caused by hitting a stationary object like a guardrail or tree.
- Comprehensive Coverage – If your vehicle is damaged due to uncontrollable events like theft, vandalism, fire, natural disasters, or collisions with animals, this insurance will pay for the repairs.
- Uninsured/Underinsured Motorist (UM/UIM) Coverage – This type of insurance protects you in case of an accident with an uninsured or underinsured driver. It can cover your expenses related to the accident.
- Roadside Assistance Coverage – This insurance offers support if your vehicle breaks down while on the road. Services like towing, tire changes, jump-starts, and fuel delivery are included.
- Rental Reimbursement Coverage – If your car is damaged in an accident and requires repairs, this insurance will cover the cost of a rental car.