Car Insurance in Waterloo, IA – Averages (2025) + Cheapest Quotes

• Waterloo car insurance rates average $1,996 per year for full coverage, or approximately $166 per month.
• Auto insurance rates for a few popular vehicles in Waterloo include the Toyota Corolla at $1,942 per year, Nissan Altima at $2,160, and Ford Escape at $1,818.
• For cheap auto insurance in Waterloo, Iowa, small crossovers like the Mazda CX-5, Ford Bronco Sport, Buick Envision, and Subaru Crosstrek have the most affordable rates.
• Models with segment-leading auto insurance rates include the Subaru Crosstrek at $1,476 per year, Acura RDX at $1,670 per year, Honda Passport at $1,590 per year, and Kia K5 at $1,920 per year.

What is average car insurance cost in Waterloo?

Waterloo car insurance costs an average of $1,996 per year, which is 10.7% less than the national average rate of $2,221. Average car insurance cost per month in Waterloo is $166 for full coverage auto insurance.

In the state of Iowa, the average cost of car insurance is $1,898 per year, so the average cost in Waterloo is $98 more per year. When compared to other larger cities in Iowa, the cost of car insurance in Waterloo is around $36 per year more expensive than in Davenport, $86 per year more than in Cedar Rapids, and $10 per year more than in Sioux City.

The next chart goes into more detail for drivers age 20 to 60 by including rates for three different physical damage coverage deductibles. This helps visualize how car insurance rates increase with lower deductibles, and decreases when deductible are raised.

The average cost of auto insurance per month in Waterloo is $166, and ranges from $117 to $389 for drivers age 20 to 60 and policy deductibles of $250, $500 and $1,000.

Waterloo auto insurance rates can have significant differences in cost and can also be very different depending on the company. Due to the high likelihood of rate variability, this reinforces the need to get multiple car insurance quotes when shopping online for more affordable auto insurance.

The age of the rated driver is one of the largest influencers on the price you pay for car insurance, so the list below details how driver age influences cost by showing average car insurance rates for drivers from 16 to 60.

Average car insurance rates in Waterloo, IA, for drivers age 16 to 60

• 16 year old – $7,106 per year or $592 per month
• 17 year old – $6,882 per year or $574 per month
• 18 year old – $6,168 per year or $514 per month
• 19 year old – $5,617 per year or $468 per month
• 20 year old – $4,014 per year or $335 per month
• 30 year old – $2,126 per year or $177 per month
• 40 year old – $1,996 per year or $166 per month
• 50 year old – $1,768 per year or $147 per month
• 60 year old – $1,656 per year or $138 per month

The rates in the list above for insuring teenage drivers used a male as the rated driver. The next chart gets more specific and shows average car insurance cost for teenagers in Waterloo, Iowa, by gender. Females are generally slightly cheaper to insure than males, notably at younger ages.

Auto insurance for a 16-year-old female driver in Waterloo costs an average of $470 less than a male driver per year, while at age 19, the difference is narrower but is still $868 per year cheaper for females.

The cost of car insurance for Waterloo’s favorite vehicles

The auto insurance rates discussed up to this point take all 2024 models and come up with an average cost, which is practical for making generalized comparisons like the average cost difference by driver age or location.

For more in-depth car insurance cost comparisons, however, the rates will be more accurate if we do a rate analysis for the specific vehicle being insured. In the next few sections of this article, we get into much more detail for specific models, but for now, we will just use the more popular vehicles to discover how auto insurance rates measure up in Waterloo.

The list below displays the cost of auto insurance for both annual and monthly terms for some of the more popular vehicles that you can find on the streets of Waterloo.

Average auto insurance rates for popular Waterloo vehicles

• Toyota Corolla – $2,081 per year ($173 per month)
• Nissan Altima – $2,318 per year ($193 per month)
• Ford Escape – $1,949 per year ($162 per month)
• Mazda CX-5 – $1,747 per year ($146 per month)
• Jeep Cherokee – $2,303 per year ($192 per month)
• Toyota RAV4 – $1,970 per year ($164 per month)
• Ford F150 – $2,395 per year ($200 per month)
• Ford Explorer – $1,942 per year ($162 per month)
• Honda Accord – $2,069 per year ($172 per month)
• Jeep Grand Cherokee – $2,147 per year ($179 per month)

The models that are popular in Waterloo tend to be compact or midsize cars like the Volkswagen Jetta, Hyundai Elantra, and Honda Accord and small or midsize SUVs like the Nissan Rogue and Jeep Grand Cherokee.

Additional popular vehicles from other segments include luxury SUVs like the Lexus RX 350 and Cadillac XT5, luxury cars like the Infiniti Q50 and BMW 530i, and pickup trucks like the Ram 1500 and Ford F-150.

We will get into rates for many more vehicles coming up in the article, but before that, let’s look at some of the key concepts we covered earlier.

• Waterloo, IA, car insurance cost is less than the U.S. average – $1,996 (Waterloo average) versus $2,221 (U.S. average)
• Auto insurance for teen drivers is expensive – Average cost ranges from $4,749 to $7,106 per year for teenage driver insurance in Waterloo.
• Auto insurance rates decline substantially between ages 20 and 30 – The average 30-year-old Waterloo driver will pay $1,888 less each year than a 20-year-old driver, $2,126 versus $4,014.
• Monthly car insurance cost ranges from $138 to $592 – That is the average auto insurance price range for drivers from age 16 to 60 in Waterloo, Iowa.
• Teen females pay cheaper rates than teenage males – Teenage females pay $868 to $470 less per year than male drivers of the same age.
• Waterloo car insurance prices are more expensive than the Iowa state average – $1,996 (Waterloo average) versus $1,898 (Iowa average)

What vehicles have the cheapest car insurance in Waterloo?

When comparing all makes and models, the models with the best insurance rates in Waterloo tend to be crossovers and compact SUVs like the Kia Soul, Subaru Crosstrek, and Nissan Kicks.

Average car insurance quotes for those crossover SUVs cost $1,734 or less per year ($145 per month) to have full coverage.

Examples of other vehicles that are ranked high in the cost comparison table are the Ford Bronco Sport, Kia Niro, Buick Envista, and Subaru Outback.

Insurance is a little bit more for those models than the compact SUVs and crossovers that rank near the top, but they still have an average insurance cost of $1,860 or less per year, or about $155 per month.

The table below breaks down the 30 car, truck, and SUV models with the cheapest auto insurance in Waterloo, ordered by annual cost.

A list of 30 vehicle models with cheap Waterloo car insurance doesn’t really give a detailed view of the cost of auto insurance. A more thorough way to examine car insurance rates for many more vehicles is by sorting them by automotive segment.

This next article section goes into the average cost to insure each different vehicle segment. The rates shown in the chart will provide a better idea of the types of vehicles that have the overall least expensive Waterloo car insurance rates. Then the following six sections will break out the 20 models with the most affordable insurance in each individual segment.

Average insurance cost by automotive segment

If you are considering buying a new vehicle, it’s advantageous to know which types of vehicles have more affordable auto insurance rates. For instance, maybe you want to know if compact SUVs have more affordable insurance than compact cars or if full-size SUVs cost more to insure than midsize or compact SUVs.

The next chart displays average auto insurance rates by segment in Waterloo. From a segment perspective, small SUVs and midsize pickups tend to have the cheapest average rates, with sports cars and performance luxury models having the highest average cost to insure.

Average rates by automotive segment are useful to make an overall comparison, but cost ranges considerably within each vehicle segment displayed in the above chart.

For example, in the midsize luxury car segment, rates range from the Mercedes-Benz CLA250 costing $2,052 per year for a full coverage policy to the BMW M8 at $3,360 per year, a difference of $1,308 within that segment.

For another example, in the large truck segment, rates range from the Nissan Titan at $1,866 per year up to the Toyota Tundra at $2,378 per year, a difference of $512 within that segment.

In the next sections, we will remove much of this variability by comparing the cost of auto insurance in Waterloo from the perspective of the vehicle model.

Cars with affordable auto insurance rates in Waterloo

Ranking at the top of the list for the lowest-cost Waterloo car insurance rates in the car segment (excluding luxury models) are the Toyota GR Corolla, Subaru Impreza, Nissan Sentra, Nissan Leaf, and Honda Civic. Car insurance rates for these 2024 models average $1,832 or less per year.

Also ranking in the top 10 are models like the Kia K5, Honda Accord, Chevrolet Malibu, and Toyota Prius, with an average cost to insure of $1,942 per year or less.

Additional 2024 models that rank well include the Mitsubishi Mirage G4, Volkswagen Arteon, Hyundai Ioniq 6, Subaru Legacy, and Mazda 3, which cost between $1,942 and $2,062 per year for auto insurance.

Full-coverage insurance in this segment for the average driver can cost as low as $145 per month, depending on the company and your location.

The most affordable compact car to insure in Waterloo is the Toyota GR Corolla at $1,736 per year. For midsize 2024 models, the Kia K5 is cheapest to insure at $1,920 per year. And for large cars, the Chrysler 300 has the best rates at $1,898 per year.

The comparison table below ranks the twenty cars with the lowest-cost insurance rates in Waterloo.

For all vehicle comparisons, see our guides for compact car insurance, midsize car insurance, and full-size car insurance.

Don’t see insurance rates for your vehicle? No sweat! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free Waterloo car insurance quotes from top-rated car insurance companies in Iowa.

SUVs with the best auto insurance rates

Ranking highest for the cheapest Waterloo car insurance rates in the SUV segment (excluding luxury models) are the Nissan Kicks, Subaru Crosstrek, Chevrolet Trailblazer, Kia Soul, and Honda Passport. Car insurance quotes for these 2024 models average $1,590 or less per year.

Not the cheapest to insure, but still ranked well, are SUVs like the Buick Envision, Toyota Corolla Cross, Hyundai Venue, and Mazda CX-5, with average annual insurance rates of $1,634 per year or less.

Ranked from 10th to 20th place, SUVs like the Honda HR-V, Honda CR-V, Kia Niro, Volkswagen Taos, and Volkswagen Tiguan average between $1,634 and $1,736 to insure per year in Waterloo.

From a monthly standpoint, auto insurance on this segment in Waterloo will start around $123 per month, depending on the company and where you live.

The table below ranks the SUVs with the most affordable car insurance in Waterloo, starting with the Subaru Crosstrek at $123 per month and ending with the Subaru Ascent at $145 per month.

See our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to compare rates for all makes and models.

Don’t see your SUV in the list? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top-rated companies in Iowa.

Luxury cars with affordable auto insurance rates

Taking the top ranking in Waterloo for cheapest insurance in the luxury car segment is the Acura Integra, coming in at $1,772 per year. Second place is the BMW 330i costing $2,030 per year, and ranking third is the Mercedes-Benz CLA250, costing an average of $2,052 per year.

Additional luxury cars that rank well in our comparison include the Cadillac CT4, Lexus RC 300, Lexus ES 350, and Mercedes-Benz AMG CLA35, with an average car insurance cost of $2,096 per year or less.

Ranked lower than 10th place, but still in the top 20, models like the Lexus ES 250, BMW 230i, Lexus IS 350, Cadillac CT5, and BMW 330e cost between $2,096 and $2,236 per year to insure.

Auto insurance in this segment for a good driver starts at around $148 per month, depending on the company.

If insurance rates are ranked by vehicle size, the most budget-friendly compact luxury car model to insure in Waterloo is the Acura Integra at $1,772 per year, or $148 per month. For midsize 2024 models, the Mercedes-Benz CLA250 has the cheapest rates at $2,052 per year, or $171 per month. And for full-size luxury models, the Audi A5 is most affordable to insure at $2,370 per year, or $198 per month.

The table below ranks the twenty luxury cars with the cheapest average auto insurance rates in Waterloo.

See our guide for luxury car insurance to compare rates for all makes and models.

Don’t see insurance rates for your vehicle? No problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from the best companies in Iowa.

Cheapest luxury SUVs to insure in Waterloo

Ranking at the top of the list for the most affordable Waterloo auto insurance rates in the luxury SUV segment are the Cadillac XT4, Lexus NX 250, Acura RDX, Cadillac XT5, and Jaguar E-Pace. Auto insurance prices for these models average $1,882 or less per year.

Rounding out the top 10 are models like the Mercedes-Benz GLB 250, Lexus NX 450h, Lexus UX 250h, and Lincoln Corsair, with an average cost of $1,926 per year or less.

Ranked in the lower half of the top 20, SUVs like the Lexus NX 350, Mercedes-Benz AMG GLB35, Infiniti QX50, Infiniti QX60, and Cadillac XT6 average between $1,926 and $2,004 per year for insurance in Waterloo.

As a cost per month, auto insurance in Waterloo on this segment can cost as low as $139 per month, depending on the company. The comparison table below ranks the twenty SUVs with the cheapest average car insurance rates in Waterloo, starting with the Acura RDX at $1,670 per year ($139 per month) and ending with the Lexus RX 350 at $2,004 per year ($167 per month).

See our guides for luxury SUV insurance to compare rates for additional makes and models.

Looking for rates for a different luxury SUV? That’s no problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap Waterloo car insurance quotes from top companies in Iowa.

Cheapest pickup insurance rates in Waterloo, Iowa

The #1 ranking in Waterloo for cheapest auto insurance rates in the pickup truck segment is the Chevrolet Colorado, at an average of $1,756 per year. Second place is the Nissan Titan costing $1,866 per year, and ranking third is the Nissan Frontier, costing an average of $1,886 per year.

Other models that have affordable average insurance rates include the GMC Sierra 2500 HD, Hyundai Santa Cruz, Toyota Tacoma, and GMC Canyon, with average rates of $2,052 per year or less.

From a cost per month standpoint, car insurance rates on this segment in Waterloo for the average driver can cost as low as $146 per month, depending on where you live. The next table ranks the twenty pickups with the cheapest insurance rates in Waterloo, starting with the Chevrolet Colorado at $1,756 per year ($146 per month) and ending with the Ram Truck at $2,306 per year ($192 per month).

For more pickup insurance comparisons, see our guides for midsize pickup insurance and large pickup insurance.

Looking for insurance rates for a different truck? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Waterloo car insurance quotes from the best companies in Iowa.

Sports cars with cheap auto insurance

The top three sports cars with the lowest-cost auto insurance in Waterloo are the Mazda MX-5 Miata at $1,844 per year, the Toyota GR86 at $2,102 per year, and the Ford Mustang at $2,192 per year.

Not the cheapest, but still in the top 10, are cars like the Lexus RC F, Subaru BRZ, BMW M2, and Toyota GR Supra, with an average car insurance cost of $2,384 per year or less.

In the bottom half of the top 20, cars like the BMW M3, Porsche 718, Porsche Taycan, Jaguar F-Type, and Porsche 911 cost between $2,384 and $3,376 per year for full-coverage insurance.

Full-coverage insurance in this segment will start around $154 per month, depending on where you live.

The next table ranks the sports cars with the cheapest average insurance rates in Waterloo, starting with the Mazda MX-5 Miata at $1,844 per year and ending with the Porsche Taycan at $3,376 per year.

Looking for rates for a different vehicle? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from top companies in Iowa.

How to find cheaper car insurance in Waterloo

Drivers are always searching for ways to pay less for insurance So take a minute or two to look through the money-saving tips in the list below and it’s very likely you can save some money the next time you buy a policy.

• You don’t have to stick with the same company. Take a couple of minutes to get some free car insurance quotes is a great way to save money. Rates change quite often and you do not have to wait for your renewal to change companies.
• Fewer accidents means cheaper auto insurance in Waterloo. Having frequent at-fault accidents will raise rates, possibly up to $2,848 per year for a 20-year-old driver and even $484 per year for a 60-year-old driver. So be a cautious driver and save.
• Obey the law and pay less. If you want cheap auto insurance in Waterloo, it pays to obey traffic laws. As a matter of fact, just a couple minor traffic citations could result in spiking insurance policy cost as much as $530 per year.
• Reduce coverage on older cars. Removing physical damage coverage from vehicles whose low value makes coverage cost prohibitive will cut the cost of car insurance substantially.
• Good credit equals better rates. Having an excellent credit rating above 800 could save up to $313 per year versus a lower credit rating of 670-739. Conversely, a poor credit score could cost up to $363 more per year. Not all states use credit score as a rating factor, so check with your agent or company.
• Your employer could earn you policy discounts. The large majority of car insurance companies offer policy discounts for specific professions like accountants, firefighters, police officers and law enforcement, lawyers, architects, and others. By qualifying for an occupational discount, you may save between $60 and $194 on your annual insurance bill, depending on the level of coverage purchased.