Iowa Insurance Discounts

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
  • Condo
  • Renters
  • Mobile Home / Specialty Dwelling
  • Farmers Specialty (Motorcycle, boat, motor home, etc.)
  • Life

Signal® by Farmers - Sign up, download and use the Signal app and you’ll receive a 5% discount on your auto policy, with an opportunity to earn up to 15% each time you renew your policy. You can save an additional 10% if you have a young driver in your household. Learn more about Signal® by Farmers

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 your child goes away for school at least 100 miles from your home, does not have regular access to your covered car, and meets age limits, you may be eligible for this discount. Check with your local Farmers agent for details.

Multi-Car – Discount applies if you cover more than one vehicle with the same Farmers policy.

Planning Ahead Discounts

Electronic Funds 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 eligible 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.

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 or in the top 20% in national standardized tests

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.

U L 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

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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.

Protected Devices – Qualify for this discount if you’ve installed a burglar alarm, fire alarm, or a fire-protective sprinkler system in your home.

Simplify and save

Find out about multi-line insurance discounts when you buy an auto policy with a home policy.

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.

Once you enroll in Signal® by Farmers® and complete 10 qualifying trips using the app, you will receive an initial 5% discount on your Farmers Insurance® auto policy. Only one discount can be applied per policy, regardless of the number of enrolled drivers who complete 10 trips. At renewal, the Signal discount may increase or decrease based on the percentage of enrolled drivers on your auto policy using the app and their driving scores. Your renewal discount could range between 0.5% and 15%, except in Colorado where your renewal discount can range from 0.5% to 20% and in Florida where your renewal discount will be 5%.

The youthful driver component of the Signal discount is not available in Florida and Georgia.

Restrictions apply. Discounts may vary. Not available in all states. See your agent for details. Insurance is underwritten by Farmers Insurance Exchange and other affiliated Insurance entities. Visit for a complete listing of entities. Not all insurers are authorized to provide insurance in all states. Coverage not available in all states.