Iowa drivers must carry two different types of liability auto insurance coverage. These two forms of insurance include bodily injury liability insurance as well as property damage liability insurance. With these two forms of liability insurance in place, drivers in Iowa are protected if they are in an accident and cause injury to others or damage to property.
In Iowa, the minimum liability coverage is 20/40/15. This means that drivers in Iowa must carry $20,000 worth of coverage per person for bodily injuries. They must also carry $40,000 in bodily injury coverage per accident. In addition, drivers in Iowa must also carry $15,000 in coverage for property damage that is caused by an accident that is the insured driver’s fault.
Bodily Injury Liability insurance, which is referred to as BI coverage for short, is the official name of the liability insurance that protects the insured driver in the even of injury or death. This insurance coverage includes the accidental death or injury of the other driver or drivers involved in the accident as well as any passengers or pedestrians that may have been affected by the accident. In Iowa, drivers must have $15,000 in Bodily Injury Liability insurance per person involved in the accident and $30,000 per accident.
Drivers in Iowa must also carry Property Damage insurance, which is referred to as PD for short. This insurance coverage pays for any property damage that may have resulted in the accident caused by the injured driver. This can include any other vehicles involved in the accident or any other property that may have been damaged as the result of the injury. In Iowa, drivers must carry a minimum of $15,000 in Property Damage insurance.
Iowa drivers cannot register their vehicles if they do not provide proof of auto insurance coverage. Insurance companies issue temporary insurance cards, which can be easily carried in the driver’s pocket or in the glove box of the vehicle, that provide proof of insurance coverage. Drivers that have misplaced this card have several other options that they can use to prove their coverage as well.
One document drivers in Iowa can use to prove their auto insurance include the receipt for premium payment or the insurance binder that has been issued by the insurance agent. The driver may also show his or her current declarations page from the insurance policy or even the policy itself in order to prove coverage. A certificate of liability insurance policy that has been issued by the insurer or by an authorized agent can also serve as proof of insurance coverage.
Drivers that have recently purchased a new vehicle in Iowa may also present proof of coverage for the vehicle that was replaced. In order to use this method, however, the new vehicle must have been purchased within the past 60 days. Iowa drivers that are renting a vehicle, on the other hand, must produce their rental agreement showing that the vehicle is covered.