Iowa is landlocked. There is no hurricane, no wildfire crisis, no earthquake fault worth budgeting for. The median home sells for about $250,000 — among the least expensive in the country.
And Iowa homeowners pay about $2,906 a year to insure a $300,000 dwelling limit, which lands essentially at the national average. One widely used comparison reads Iowa as roughly 51% above its own national baseline, and reports Iowa premiums rising 273% between 2011 and 2025.
A farm state pricing like a catastrophe state is not a data error. It is the correct answer, and it has a date attached.
On August 10, 2020, a derecho — a long-lived straight-line windstorm — crossed the Midwest and hit eastern Iowa. The National Weather Service called it the costliest severe thunderstorm event in United States history, with damage estimated above $11 billion, much of it concentrated in Cedar Rapids and eastern Iowa. It flattened corn across millions of acres, took out the tree canopy of a city, and damaged a very large share of the housing stock in a single afternoon.
That storm reset this market. Carriers tightened underwriting. They raised wind and hail deductibles. Some stopped writing in Iowa altogether. The Iowa Insurance Division's own consumer advocate dates the state's sustained rate increases to that event. Nearly everything specific about an Iowa homeowners policy in 2026 — the percentage deductible, the roof payment schedule, the difficulty getting written on an older house — traces back to it.
This guide works through what that means in practice: what the policy costs, which deductible actually applies to a hail claim, what the policy leaves out, whether your dwelling limit is anywhere near your rebuild cost, and what the Iowa FAIR Plan will and will not do for you. It is written for someone who has never read a policy front to back.
A note before you start: everything below is general information about how homeowners insurance works in Iowa, not personalized insurance, legal, or financial advice. Policy forms, rates, and underwriting rules vary by carrier and by your individual circumstances — county, roof age, construction type, hail loss history, and claims record all move the answer materially. For coverage specific to your property, talk to a licensed Iowa insurance agent; for regulatory questions, the Iowa Insurance Division is the state authority.
1. What home insurance actually costs in Iowa
The reference figure is $2,906 a year for $300,000 of dwelling coverage with a $1,000 deductible.
"Dwelling coverage" — labeled Coverage A on your declarations page — is the maximum the policy will pay to repair or rebuild the structure of your home. It is the anchor number for the whole policy, and it is what your wind/hail percentage deductible gets calculated from. The $300,000 tier is a standardized reference so states can be compared on the same basis. As Section 4 explains, it is well below what most Iowa homes cost to rebuild.
That $2,906 is the midpoint of two independent 2026 rate tables on the same $300,000 dwelling / $1,000 deductible basis:
- Insurance.com: $3,148
- Insurify: $2,664
An 18% spread, within normal methodology variance, so both are averaged.
Two further sources bracket that figure cleanly at other coverage tiers, which is the pattern you want:
- MoneyGeek: $2,381 at $250,000 — lower tier, lower number
- NerdWallet: $3,765 at $400,000 — higher tier, higher number
Lower below, higher above, exactly as it should be.
What that number means in context
Against the national average of roughly $2,872 to $3,057, Iowa sits right at it.
That deserves more emphasis than a comparison usually gets. The national average is dragged upward by Florida, Louisiana, Texas, Oklahoma, and Colorado — states with hurricanes, tornado alley, and wildfire. Iowa matches them from a standing start, with none of those perils, on housing that costs half what the national median costs.
NerdWallet's framing — Iowa about 51% above its national average, premiums up 273% between 2011 and 2025 — is the clearest statement of what has happened here. Iowa is one of the more expensive non-coastal states in the country, and it did not used to be.
Put it against the value of the housing: at $2,906 a year against a $250,000 median home price, Iowa homeowners pay roughly 1.16% of their home's market value in premium every year. In Arizona, where the median home costs $448,407 and the average policy runs $2,297, the same ratio is about 0.51%. Iowa homeowners pay more than twice as much insurance per dollar of house.
The trend, and why it is better news than it looks
Insurify's projection model has Iowa moving from $2,802 in 2025 to a projected $2,906 by end-2026 — an increase of $104, about +4%, in line with the national +4% in that report.
Read against the recent past, that is a decelerating figure for a market that has been anything but calm. Insurify previously projected a 19% Iowa increase for 2025 — the third-largest in the country, behind only Louisiana and California. Going from 19% to 4% is a genuine change of pace.
Do not over-read it. A single quiet convective-storm season moves this number a lot, and a bad one moves it a lot more. Iowa's rate environment is driven by weather that varies enormously year to year, which is exactly why the derecho shows up in five subsequent years of pricing. Only the percentage change transfers from that report, since its dollar levels price each state at its own average dwelling coverage rather than a fixed $300,000. It is a measured recent trend, not a forecast this site endorses.
2. The deductible that actually applies to your most likely claim
This is the most important section in the Iowa guide, and it has the bluntest summary of any state in this series: wind and hail is the claim you are most likely to file, and it is the one claim your $1,000 deductible does not cover.
First, what this is not
Iowa is landlocked and does not appear on the Insurance Information Institute's list of nineteen states plus D.C. with hurricane or named-storm deductibles. There is no hurricane deductible on your Iowa policy and there never will be.
What there is instead is a wind and hail deductible with no storm-naming trigger at all. It applies to ordinary severe weather: hail, straight-line wind, derecho, tornado.
The two deductibles
Your Iowa policy carries a flat all-perils deductible, typically $1,000 — the amount you pay out of pocket before the insurer pays anything. It governs fire, theft, a burst pipe, and most everyday losses. That $1,000 is well established here: it is the basis both statewide rate tables use, and it is also the Iowa FAIR Plan's own standard deductible on dwelling and homeowners forms.
Separately, and much less noticed, sits a wind and hail deductible. In Iowa it is typically written as 1% to 5% of the dwelling limit rather than a flat dollar amount — Iowa is one of the clearest Midwest cases of this structure.
On a $300,000 dwelling limit:
- 1% = $3,000
- 2% = $6,000
- 3% = $9,000
- 5% = $15,000
Section 4 works out that a 2,000 square foot Iowa home costs roughly $440,000 to rebuild. On a $440,000 dwelling limit:
- 1% = $4,400
- 2% = $8,800
- 3% = $13,200
- 5% = $22,000
Against $1,000 for everything else.
The 1% used throughout this guide is the low end of the documented 1%-to-5% range. It is a representative figure, not a measured statewide mode — no source publishes an Iowa-specific distribution of deductible selections. Your policy may well read 2%, 3%, or 5%, and at 5% on a $440,000 limit you are carrying $22,000 of exposure on the storm most likely to hit your house.
The derecho is why
The structure above is not an accident of drafting. It is the market's response to August 10, 2020.
A derecho is a widespread, long-lived straight-line windstorm. The 2020 event produced hurricane-force winds across a corridor hundreds of miles long and did over $11 billion in damage — the costliest severe thunderstorm event in U.S. history — with the worst of it in Cedar Rapids and eastern Iowa. It was a single catastrophe in a state that insurers had not priced as a catastrophe state.
What followed is the standard post-catastrophe sequence: tightened underwriting, raised wind/hail deductibles, and in some cases withdrawal from the market. The Iowa Insurance Division's consumer advocate dates the state's sustained rate increases to that storm.
The practical translation for you is that the percentage deductible on your declarations page is the mechanism by which Iowa carriers stayed in Iowa. It is not arbitrary and it is not going away, but it is worth knowing that you are the one holding the first $3,000 to $22,000 of the next one.
The trap: the percentage is of your coverage, not your damage
The percentage applies to the insured value of the dwelling, not to the size of the loss. A 1% deductible on a $440,000 dwelling limit is $4,400 whether the storm did $6,000 of damage or $400,000 of damage. It is not "1% of the claim."
So moderate hail claims can be worth very little or nothing. $6,000 of hail damage on that house pays you $1,600 at 1%, and nothing at all at 2% or above — and you have now opened a hail claim on a record Iowa carriers read closely when deciding whether to renew you.
What to actually do about it
- Pull your declarations page and find both deductibles. Look for a line reading "windstorm or hail," "wind/hail," or any percentage where you expected a dollar amount.
- Multiply the percentage against your dwelling limit and write the number down. The difference between 1% and 5% on an Iowa house is the difference between an inconvenience and a financial event.
- Ask whether the percentage runs off Coverage A or off total insured value.
- Ask what a lower percentage costs. Because this is carrier practice rather than Iowa law, it is a term set at the point of sale, and it is a legitimate subject of negotiation.
3. What a standard policy covers here — and the gaps
A homeowners policy bundles several separate coverages:
- Coverage A — Dwelling. The structure itself.
- Coverage B — Other Structures. Detached garage, barn, machine shed, grain storage, fence. Usually about 10% of Coverage A automatically. On Iowa acreages and rural property with real outbuildings, that automatic 10% is frequently nowhere near enough — the 2020 derecho destroyed enormous numbers of farm structures, and Coverage B is where that loss lands. Check the limit specifically.
- Coverage C — Personal Property. Your belongings, usually 50% to 70% of Coverage A.
- Coverage D — Loss of Use. What it costs to live elsewhere during repairs. After an event that damages a whole city's housing at once — which is precisely what happened in Cedar Rapids — rental supply vanishes exactly when everyone needs it.
- Personal Liability. What pays if someone is injured on your property. Standard here, and — per Section 6 — entirely absent from the Iowa FAIR Plan.
Covered perils typically include fire, lightning, windstorm, hail, theft, vandalism, and sudden accidental water discharge from plumbing.
Derecho and tornado damage are covered. There is no separate derecho exclusion and no tornado exclusion — both are windstorm, and windstorm is a named peril. What changed after 2020 is not whether these are covered, but which deductible applies and how the roof is settled. Those are Sections 2 and 5, and they are where the money actually is.
Flood is never covered — anywhere, by anyone's homeowners policy
This is universal across all fifty states, not an Iowa rule. No homeowners policy covers flood. Flood coverage is a separate purchase through the National Flood Insurance Program (NFIP) or a private flood carrier.
Iowa's flood exposure is serious and well-documented. The state is bounded by the Mississippi and Missouri rivers and drained by the Des Moines, Cedar, Iowa, and Raccoon systems. Cedar Rapids — the same city the derecho hit in 2020 — experienced catastrophic river flooding in 2008, and the 1993 Midwest floods inundated large parts of the state including downtown Des Moines. Iowa's flat, heavily tiled agricultural landscape also concentrates runoff quickly.
The distinction that decides claims is wind versus water. Wind-driven rain entering through a roof the storm opened is a homeowners claim. Rising water is a flood claim. A severe storm system routinely does both, and if you hold only one of the two policies, the other half of the loss is uncovered. Being outside a mapped high-risk flood zone is a statement about a flood map, not about whether your house can flood — a meaningful share of NFIP claims nationally come from outside high-risk zones.
Other standard exclusions worth knowing
- Frozen pipes are covered — conditionally. Standard policies cover sudden water discharge from a burst pipe, but typically exclude the loss if you failed to maintain heat in the building, or shut off the water and drain the system while away. In an Iowa winter that condition is not theoretical. It is the most commonly triggered exclusion in a cold-state policy, and it converts a very likely claim into an uncovered one.
- Earth movement, including earthquake and landslide. Iowa's seismic risk is low. Available as a separate endorsement.
- Maintenance and wear. Insurance covers sudden accidental damage, not deterioration. In Iowa this is the line carriers most often argue on roofs — an old roof that finally leaks is wear, an old roof that hail cracked is a claim.
- Ordinance or law — the extra cost of rebuilding to current code rather than as originally built. Relevant on Iowa's older housing stock. Usually available as an endorsement; ask for it by name.
- Mold, beyond limited sublimits.
4. Making sure you have enough coverage
Dwelling coverage should equal the cost to rebuild your home from the foundation up at today's construction prices. Not market value, which includes land — land does not blow away. Not your mortgage balance, which is a financing number with no relationship to construction cost.
In Iowa the gap between those things is enormous.
The Iowa inversion
Rebuilding in Iowa runs roughly $220 per square foot — the midpoint of a published $160 to $280 band covering materials, labor, and general contractor overhead and profit, excluding land.
On a 2,000 square foot home:
- 2,000 x $220 = $440,000 to rebuild
Iowa's median home price is $250,000.
It costs roughly $190,000 more to rebuild a typical Iowa home than to buy one — one of the largest such gaps in this series, comparable to Indiana's and larger than Arkansas's.
The mechanism is straightforward. Iowa has inexpensive land and ordinary Midwest construction costs. When land is nearly free, the market price of a house is close to what the structure alone is worth — and then five years of post-derecho construction cost inflation ran straight past it. The result is a state where the intuitive answer ("insure it for what I paid") is wrong by nearly $200,000.
What that costs you on a total loss
A total loss pays your limit. That is the whole calculation.
- Coverage A set to market value: $250,000
- Cost to rebuild the same house: $440,000
- Uncovered: about $190,000
In a state whose defining insurance event was a windstorm that destroyed housing at scale, this is the scenario to plan around.
The 80% coinsurance rule, and partial claims
Most homeowners policies also contain a coinsurance provision requiring you to insure the dwelling to at least 80% of its full replacement cost. Fall below that and the insurer does not merely cap your payout at your limit — it reduces every partial claim proportionally.
Work it. Full replacement cost $440,000, so the 80% threshold is $352,000. Suppose you insured to market value — $250,000 — and a hailstorm does $100,000 of damage:
- $250,000 carried / $352,000 required = 0.710
- 0.710 x $100,000 = $71,023
- Then subtract your deductible — 1% of $250,000 = $2,500 on a wind/hail claim
- Net payment: about $68,523 on a $100,000 loss
Over $31,000 short on a claim well inside your policy limit, entirely because Coverage A was set to what the house would sell for. None of it is visible until you file.
Take the band seriously
The $160-to-$280 range means the same 2,000 square foot house rebuilds for anywhere from $320,000 to $560,000. Iowa shares that exact band with eight other states — Arizona, Colorado, Georgia, Kansas, Montana, Nebraska, North Dakota, and South Dakota — which tells you plainly it is a regional construction-cost band applied to Iowa rather than an Iowa-specific survey. One independent cross-check puts Iowa at the top of that nine-state group. No Iowa building department or insurance regulator publishes a competing figure to arbitrate. Get an actual replacement-cost estimate for your specific home.
Two endorsements worth asking about by name
- Extended replacement cost — pays a stated percentage above your Coverage A limit (commonly 25% to 50%) when rebuilding costs more than expected. This is the endorsement that exists for a derecho: when one storm damages thousands of homes in a metro area simultaneously, contractor capacity and material prices spike together, and the rebuild costs more than any pre-loss estimate assumed. Iowa is the state where that has actually happened.
- Ordinance or law coverage — as above.
5. Roof age, and why it decides your premium and your payout
In Iowa, hail is the dominant loss, the roof is what hail damages, and roof settlement is the fine print that decides whether a damaged roof gets replaced or partly reimbursed.
The voluntary market: roof age decides it
Iowa has no statewide rule, which is why this site's Iowa data records roof settlement as "varies." The outcome turns on roof age and whatever endorsement is attached, applied through roof schedules that Iowa carriers adopted alongside percentage wind/hail deductibles after the 2020 derecho. The two mechanisms arrived together, from the same cause.
- Replacement cost value (RCV) pays what it costs to put a new roof on today.
- Actual cash value (ACV) pays replacement cost minus depreciation for the roof's age.
The typical Iowa tiering:
- Roughly 0 to 10 years old: replacement cost
- From about 10 years: a declining depreciated percentage
- Roughly 15 years and older: actual cash value
Why this compounds badly here
A 15-year-old roof on a $440,000 home takes $22,000 of hail damage. The policy carries a 1% wind/hail deductible and settles the roof at actual cash value.
- Depreciation first: at roughly 25% of replacement cost on a 15-year-old roof, the recognized value is about $5,500
- Minus the 1% wind/hail deductible on $440,000 = $4,400
- Net payment: about $1,100 — on a $22,000 roof, a covered peril, and an in-force policy
At a 2% deductible ($8,800), the same claim pays nothing. At 5% ($22,000), it pays nothing and the deductible alone equals the entire cost of the roof.
That is two ordinary Iowa policy features interacting exactly as written, on the single most likely claim in the state.
The residual market: no variation at all
Here is the part specific to Iowa, and it is important enough to belong in this section rather than only in Section 6.
In the Iowa FAIR Plan there is no variation. It settles everything at actual cash value. Every policy, every roof, every age.
Follow the logic through, because it is genuinely circular. Older roofs are a leading reason Iowa homeowners get declined by the voluntary market. Declined homeowners go to the FAIR Plan. The FAIR Plan settles at ACV. So the state's backstop depreciates payouts hardest on exactly the older roofs most likely to be damaged — which are the roofs that put people there in the first place.
If you are heading toward the FAIR Plan because of your roof, understand that the plan will not solve the roof problem. It will formalize it.
What to actually do
Pull your declarations page and every endorsement page behind it, and look for a roof payment schedule, a "roof surfaces" endorsement, a windstorm-loss-to-roof provision, or any actual cash value language applied specifically to the roof rather than to the policy generally. If you find one, ask what replacement-cost roof settlement would cost and whether it is available at your roof's age. On a 15-year-old Iowa roof, the answer may be no.
Check at every renewal. These get added at renewal, and a renewal declarations page rarely announces what changed.
Why roof age also decides whether you get written
Roof age is the leading underwriting factor in post-derecho Iowa. It is a gating factor, not a pricing factor: an older roof moves you from "expensive" to "declined." Given what the FAIR Plan actually offers, a non-renewal in Iowa is genuinely expensive. Replacing an aging roof before renewal is the highest-value thing an Iowa homeowner can do, and it is item 1 in Section 7 for that reason. Impact-rated roofing commonly carries credits worth asking about item by item.
6. If no carrier will write you
Iowa has a backstop. It is real, and it is narrow.
The Iowa FAIR Plan Association
The Iowa FAIR Plan Association (iowafairplan.com) is the state's insurer of last resort, for applicants the voluntary market has declined. Applications come only through a licensed Iowa agent — you cannot apply directly, and the association states plainly that it provides less coverage than voluntary-market companies.
What it writes:
- A Dwelling Property program on the ISO basic form
- A Homeowners program on the HO-8 modified form
- A Commercial program
What it covers — eight named perils, and that is all
Coverage is named peril and deliberately narrow. It covers:
fire, lightning, windstorm and hail, explosion, riot, aircraft, vehicles, and smoke.
That is the complete list. What is not on it matters enormously in Iowa:
- Theft — not covered
- Freezing — not covered. In a state with Iowa winters, that removes one of the most common cold-weather claims there is.
- Water damage — not covered
- Flood — never covered
- Personal liability — never covered
The liability point deserves its own sentence, because people miss it. Personal liability is what pays if a visitor is injured on your property, if your dog bites someone, if a tree on your lot falls onto a neighbor's house. On the Iowa FAIR Plan it is simply not there, and it has to be arranged separately through a stand-alone liability or umbrella policy. If you are placed with the plan and do nothing else, you are uninsured for liability.
The limits and the settlement basis
- Maximum dwelling limit: a reported $300,000 on the dwelling property program (commercial is capped at $1,000,000 per location)
- Standard deductible: $1,000 on dwelling and homeowners forms, $2,500 on commercial
- Settlement: actual cash value throughout — depreciated value at the time of loss, not replacement cost
Put the limit against Section 4. A 2,000 square foot Iowa home costs about $440,000 to rebuild. The plan's $300,000 ceiling falls $140,000 short.
And this is not confined to large houses. A modest 1,400 square foot Iowa home:
- 1,400 x $220 = $308,000 to rebuild
Already above the cap, before a dollar is allocated to anything else.
Who can be turned away
Properties that are vacant, have code violations, or have excessive loss history can be declined here too. The residual market is a last resort, not an unconditional one. Deferred maintenance and a string of hail claims that got you non-renewed in the voluntary market can get you turned away by the association as well.
A sourcing note worth making
The association's own homepage explicitly declines to publish its limits, perils, and deductibles, describing what it does publish as a simplified summary. The detailed figures above come from two independent secondary sources that agree with each other rather than from iowafairplan.com directly. Treat them as a good indication and confirm current terms through your agent before relying on any of them.
The honest framing
The Iowa FAIR Plan is protection against having nothing. It is not protection against being underinsured, and in a hail state its actual-cash-value settlement basis means it is not really protection against your most likely claim either — it will pay a depreciated fraction of a hail-damaged roof and take the deductible off that.
Which leads to the only sensible conclusion: in Iowa, staying in the voluntary market is worth more effort and more money than it is in most states. The roof replacement, the claims discipline, and keeping the property in good repair are not cost optimizations. They are what keeps you out of an eight-peril, $300,000, actual-cash-value, no-liability policy.
If you are receiving non-renewal notices, work the voluntary market hard through an independent agent who writes multiple carriers before treating the FAIR Plan as the answer. Surplus-lines carriers may also write where admitted carriers will not — typically at higher cost and with narrower terms, but often with limits that actually match your rebuild cost.
7. How to actually lower your premium in Iowa
Ranked roughly by how much they move the number in this state specifically.
1. Replace an aging roof before the renewal, not after the storm. Nothing else on this list does as much. In post-derecho Iowa a new roof can lower your rate, remove an ACV roof schedule, and prevent a non-renewal — and given Section 6, avoiding a non-renewal is worth more than any discount. If the roof is within a few years of replacement anyway, doing it on your schedule rather than the weather's is close to free money. Ask about credits for impact-rated materials while you are at it.
2. Choose the wind/hail deductible deliberately, in dollars. Iowa's documented range runs 1% to 5%, and on a $440,000 limit that is $4,400 versus $22,000 of exposure on the claim you are most likely to file. Moving up the range lowers your premium meaningfully. It is a rational trade only if you have the money liquid and would genuinely spend it. Do the multiplication before you agree to a percentage, and ask what each step down the range costs.
3. Get your Coverage A limit right — which in Iowa means raising it, substantially. Given a $440,000 rebuild against a $250,000 median sale price, a very large share of Iowa homeowners are underinsured by six figures, with a $31,000 coinsurance penalty on a $100,000 claim and a $190,000 gap on a total loss. This costs money rather than saving it, and it is item 3 anyway. Get an actual replacement-cost estimate and price the correct limit before optimizing anything else.
4. Raise the all-perils deductible instead of the wind/hail one. Going from $1,000 to $2,500 lowers premium and only affects non-storm claims. Given that your wind/hail deductible is already several thousand dollars, the $1,000 flat deductible is doing much less work than it appears to, and paying to keep it low is often poor value.
5. Keep the heat on and the pipes insulated. This is a coverage-preservation item rather than a discount. The frozen-pipe condition in Section 3 is triggered by failure to maintain heat, and it converts a very likely Iowa claim into an uncovered one. It costs almost nothing and it prevents an entirely avoidable loss.
6. Check your Coverage B limit if you own an acreage. The automatic 10% of Coverage A is frequently far short of what Iowa outbuildings are worth, and the 2020 derecho destroyed farm structures at enormous scale. This raises your premium rather than lowering it, and it belongs on the list because a machine shed insured for a tenth of its value is a bad trade you did not know you made.
7. Bundle home and auto. Multi-policy discounts remain among the largest routinely available, and in a state where carriers have thinned out, being a multi-policy customer helps on the underwriting side as well as on price.
8. Stop filing small hail claims. This matters more in Iowa than almost anywhere. With a wind/hail deductible of $4,400 or more and a roof schedule depreciating the payout, most small hail losses are worth little or nothing anyway — and hail claim history is a leading driver of non-renewal here. Given what the FAIR Plan actually offers, a non-renewal costs an Iowa homeowner far more than the claim was worth. If the damage is close to the deductible, get it repaired and do not open a claim.
9. Buy flood coverage anyway. This raises your total spend rather than lowering it, and it belongs here because the cheapest possible premium is worthless if water did the damage. The Mississippi, Missouri, Cedar, and Des Moines systems have all done catastrophic damage within living memory. Get the NFIP quote — in moderate-risk zones it is often far less than people assume.
10. Re-shop every year and compare the right four things. Line up: the premium, the dwelling limit, the wind/hail deductible percentage, and whether the roof settles at ACV or replacement cost. A quote that beats yours on premium while moving you from 1% to 5% and adding a roof schedule is not a better quote — on the $22,000 roof claim in Section 5, it is the difference between $1,100 and nothing.
What to do next
If you want these numbers applied to your actual house rather than a statewide average, the Iowa premium calculator estimates your annual cost from your own dwelling limit and deductible. The replacement cost calculator works out the Coverage A limit you actually need from your home's square footage using Iowa construction costs — run this one first, because Iowa's rebuild cost runs roughly $190,000 above its median home price, and that gap is where the real exposure lives. And because the wind/hail percentage is the number that decides your out-of-pocket on the claim you are most likely to file, the deductible calculator converts 1%, 2%, 3%, and 5% into actual dollars against your specific dwelling limit.
All three show every figure they use and where it came from.
This guide is general information about homeowners insurance in Iowa, based on publicly available figures current as of August 2026. It is not an insurance quote, a policy, coverage advice, or legal advice, and it does not reflect your individual property, county, roof age, claims history, or carrier's specific policy language. Premiums, deductible structures, roof settlement terms, and underwriting rules vary substantially by carrier and by property; the wind/hail deductible described here is carrier practice rather than Iowa law, and the 1% figure is the low end of a documented range rather than a measured statewide mode. Iowa FAIR Plan limits, perils, deductibles, and settlement terms cited here are drawn from secondary sources because the association does not publish them in full; confirm current terms through a licensed Iowa agent. For coverage specific to your home, speak with a licensed Iowa insurance agent; for regulatory questions or complaints, contact the Iowa Insurance Division.