Iowa Insurance Discounts

Across the farms, lakes, prairies, and cities of America’s Heartland, make sure you are getting smart coverage at smarter prices.

See the insurance discounts Farmers offers in Iowa

Farmers Does Iowa Insurance Discounts the Smarter Way

Auto Insurance Discounts

Navigating Iowa’s diverse beauty is better when you’re saving money on quality auto coverage.

Discounts for the Family:

  • Multi-line Discounts - Carry Farmers Auto along with any of the following policies to qualify for multi-policy discounts:
    • Home
    • Renters
    • Mobile Home / Specialty Dwelling
    • Farmers Specialty (Motorcycle, boat, motor home, etc.)
    • Life
  • Business and Professional Group - If you’re a member or employee of an approved business or professional group, you may be eligible for additional discounts. Contact us to see if you qualify!
  • Distant Student - If a student on your policy (25 and under) attends school at least 100 miles from your home, and doesn’t have regular access to your covered vehicle, you may be eligible for this discount.
  • Multi-Car - Discount applies if you cover more than one vehicle with the same Farmers policy.
  • Teen Driver - If you’ve had a Farmers Auto policy for at least 2 years, add a teen driver (your child or grandchild) and qualify for this additional discount.

Planning Ahead Discounts:

  • Alternative Fuel - Cover a hybrid, electric, or other alternative fuel car, and we’ll reduce your premium with this added discount.
  • Electronic Fund Transfer (EFT) - Select Automatic Electronic Fund Transfers as your payment plan and you’ll never miss a payment, and get a better rate.
  • Homeowner - Iowa policyholders are eligable for an additional discount if they own their home.
  • Pay In Full - Pay your entire term premium in one lump sum, and we’ll lower your rate.
  • Transfer - Purchase a policy from Farmers Insurance after transferring from another approved carrier, and we may be able to discount your rates.

Classroom Discounts:

Good Student - Students under 25 receive a discount on their insurance just by keeping their grades up. This discount applies to students that meet one of the following academic criteria:

  • High school students with at least "B" average
  • College students with a 3.0 (out of 4.0) grade point average or higher
  • Dean's List or Honor Roll students
  • Students ranked in the top 20% of their class

Be ready to submit proof of eligibility (a copy of a report card, grade-point average, etc.) when requesting this discount.

Home Insurance Discounts

Discounts for the Household

  • Affinity - If you’re a member, employee, or retiree of an approved Iowa business or professional group, you may be entitled to an additional premium discount. Contact us to see if you qualify.
  • Multi-line Discounts - Get better deals and more comprehensive coverage when you combine Farmers policies together! Earn multi-policy discounts when you carry Farmers Home insurance, along with a Farmers Auto and/or Life policy.

Home Upkeep Discounts

  • Home Renovation - Keep your home running like new, and renovate your heating and electrical, or plumbing systems. If you recently have, you may qualify for a premium discount.
  • New Home - If your home was built within the past 12 years, you may qualify for an additional discount.
  • New Roof - Earn this discount if you’ve recently replaced or re-built your roof in the last 6 years.
  • UL Approved Roofing Materials - If your roofing materials have been tested for impact resistance by Underwriters Laboratories, you may qualify for this discount.

Home Safety Discounts

  • Home Safety - Protect your home from Mother Nature, and implement loss-prevention measures or environmentally friendly features. Your home will be safer, and you could earn a rate discount.
  • Protective Devices - Qualify for this discount if you’ve installed a burglar alarm, fire alarm, or a fire-protective sprinkler system in your home.

You may be eligible for one or more of these discounts, subject to documentation. Discounts apply to selected coverages, perils and policy types. Eligibility and actual percentage of discounts may vary. Not all products and discounts are available in every state. Please contact a Farmers agent for details.