Protect your family's home if something happens to you. Compare top carriers and average costs for Iowa residents.
Mortgage protection insurance ensures your family can keep their home by paying off the remaining mortgage balance if you pass away. It provides peace of mind that your loved ones won't face foreclosure during an already difficult time.
Iowa's Insurance Division is part of the Department of Commerce. As a major insurance industry state, Iowa has well-developed regulatory frameworks with a 10-day free-look period.
Iowa has a population of 3.2 million with a median age of 38.2. Mortgage Protection insurance is designed for homeowners with active mortgages, with coverage typically ranging from $50,000 - $500,000.
Compare rates from top mortgage protection insurance carriers.
The table below shows estimated monthly premiums for mortgage protection insurance in Iowa. Actual rates vary based on age, health, and coverage amount.
| Coverage Amount | Est. Monthly Premium |
|---|---|
| $100,000 | From $27/mo |
| $200,000 | From $45/mo |
| $300,000 | From $64/mo |
| $500,000 | From $102/mo |
* Rates are estimates for a healthy individual. Your actual rate may vary.
These are among the most popular and highly-rated carriers offering mortgage protection insurance to Iowa residents:
Working with an independent agent like CoverMeOnline gives you access to quotes from multiple carriers so you can find the best rate.
Compare rates from top mortgage protection insurance carriers.
Iowa is home to many major insurance companies, creating a competitive market that benefits consumers with lower premiums and more policy options.
Iowa farmers and agricultural workers should consider life insurance to protect their families and farm operations. Term life, whole life, and mortgage protection are popular options.
Contact your insurance company directly to file a claim. If you have issues, the Iowa Insurance Division can assist at (515) 281-5705.