Iowa Code » Chapter 668 — LIABILITY IN TORT — COMPARATIVE FAULT

Iowa Code § 668.13

Interest on judgments

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Interest shall be allowed on all money due on judgments and decrees on actions brought pursuant to this chapter, subject to the following: 1. Interest, except interest awarded for future damages, shall accrue from the date of the commencement of the action. 2. If the interest rate is fixed by a contract on which the judgment or decree is rendered, the interest allowed shall be at the rate expressed in the contract, not exceeding the maximum rate permitted under section 535.2. 3. Interest shall be calculated as of the date of judgment at a rate equal to the one-year treasury constant maturity published by the federal reserve in the H15 report settled immediately prior to the date of the judgment plus two percent. The state court administrator shall distribute notice monthly of that rate and any changes to that rate to all district courts. 4. Interest awarded for future damages shall not begin to accrue until the date of the entry of the judgment.\n\nTue Dec 09 21:57:38 2025 Iowa Code 2026, Chapter 668 (24, 0) §668.13, LIABILITY IN TORT — COMPARATIVE FAULT 6\n\n 5. Interest shall be computed daily to the date of the payment, except as may otherwise be ordered by the court pursuant to a structured judgment under section 668.3, subsection 7. 6. Structured, periodic, or other nonlump-sum payments ordered pursuant to section 668.3, subsection 7, shall reflect interest in accordance with annuity principles. 87 Acts, ch 157, §8; 97 Acts, ch 197, §14, 16; 2001 Acts, ch 87, §9, 10; 2003 Acts, ch 151, §58 Referred to in §202C.3, 535.3, 551A.8, 602.1209

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Notes of Decisions
Cited in 54 cases (9 in the last 5 years), 1988–2026 · leading case: Vasquez v. LeMars Mutual Insurance Co.
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Vasquez v. LeMars Mutual Insurance Co. (1991) iowa · cites it 32× “3 (1983) rather than Iowa Code section 668.13. In addition, the court awarded prejudgment interest in excess of the combined limits of the policies.”
Waterloo Savings Bank v. Austin Ex Rel. Austin (1993) iowa · cites it 22× “” Iowa Code § 668.13 (4). 2 . The statute provides: Interest shall be calculated as of the date of judgment at a rate equal to the coupon issue yield equivalent, as determined by the United States secretary of the treasury, of the average accepted auction price for the last…”
Pamela Sue Hook v. Tito Trevino, Individually, and Tito Trevino D/B/A Trevino Law Offices (2013) iowa · cites it 8× “The statute governing interest on tort judgments against private parties is found in Iowa Code section 668.13 (2011), which states: Interest shall be allowed on all money due on judgments and decrees on actions brought pursuant to this chapter, subject to the following: 1.”
Opperman v. Allied Mutual Insurance Co. (2002) iowa · cites it 20× “Iowa Code section 668.13 provides the commencement date and the rules for the determination of interest: Interest shall be allowed on all money due on judgments and decrees on actions brought pursuant to this chapter, subject to the following: 1.”
Wolbers v. the Finley Hosp. (2003) iowa · cites it 8× “Iowa Code § 668.13 (1). Interest on damages awarded for future losses begins accruing on the date the judgment is entered.”
Hagen v. Siouxland Obstetrics & Gynecology, P.C. (2014) iand · cites it 14× “” Iowa Code § 668.13 (1). None of the damages awarded in this case were future damages.”
Wilson v. Farm Bureau Mutual Insurance Co. (2009) iowa · cites it 16× “at 409 (quoting Iowa Code § 668.3 (2)). We held the underin-sured motorist claim was a contractual one, and consequently did not involve “the fault of more than one party to the claim.”
Purina Mills, L.L.C. v. Less (2003) iand · cites it 10× “Iowa Code § 668.13 (1), (3), (4) (2003) (emphasis added).”
Baker v. John Morrell & Co. (2003) iand · cites it 6× “” Iowa Code § 668.13 . In order to fully compensate Baker and because of the mandatory nature of the Iowa statutory provision concerning interest on judgments, Baker’s request for prejudgment interest for backpay, past emotional distress awards, and past medical expenses is…”
Frunzar v. Allied Property & Casualty Insurance Co. (1996) iowa · cites it 11× “3 or under Iowa Code section 668.13. Allied also challenged, in the event the court awarded interest under section 535.”
Mercy Hospital v. Hansen, Lind & Meyer, P.C. (1990) iowa · cites it 8× “Iowa Code § 668.13 (4) (1989). Although this action, at least in part, is governed by the Iowa Comparative Fault Act, section 668.”
Schimmelpfennig v. Eagle Nat. Assur. Corp. (2002) iowa · cites it 10× “In refusing to allow interest on these sums, the district court stated, “[t]he court also does not find that the insurance contract provides for the payment of interest, and therefore interest will not be [allowed] with regard to these matters.”
Show all 54 citing cases →
— Iowa Code § 668.13(1) — 10 cases
Pamela Sue Hook v. Tito Trevino, Individually, and Tito Trevino D/B/A Trevino Law Offices (2013) iowa “The statute governing interest on tort judgments against private parties is found in Iowa Code section 668.13 (2011), which states: Interest shall be allowed on all money due on judgments and decrees on actions brought pursuant to this chapter, subject to the following: 1.”
Schimmelpfennig v. Eagle Nat. Assur. Corp. (2002) iowa “In refusing to allow interest on these sums, the district court stated, “[t]he court also does not find that the insurance contract provides for the payment of interest, and therefore interest will not be [allowed] with regard to these matters.”
Opperman v. Allied Mutual Insurance Co. (2002) iowa “Iowa Code section 668.13 provides the commencement date and the rules for the determination of interest: Interest shall be allowed on all money due on judgments and decrees on actions brought pursuant to this chapter, subject to the following: 1.”
Wilson v. Farm Bureau Mutual Insurance Co. (2009) iowa “at 409 (quoting Iowa Code § 668.3 (2)). We held the underin-sured motorist claim was a contractual one, and consequently did not involve “the fault of more than one party to the claim.”
Van Horn v. Specialized Support Services, Inc. (2003) iasd
— Iowa Code § 668.13(2) — 1 case
Robert W. Davis and Kirk K. Peterson v. American International Bridge, Inc., Anfu Wang and Chun Ling Lu (2017) iowactapp
— Iowa Code § 668.13(3) — 12 cases
Guzman v. Des Moines Hotel Partners (1992) iowa
Waterloo Savings Bank v. Austin Ex Rel. Austin (1993) iowa “” Iowa Code § 668.13 (4). 2 . The statute provides: Interest shall be calculated as of the date of judgment at a rate equal to the coupon issue yield equivalent, as determined by the United States secretary of the treasury, of the average accepted auction price for the last…”
Baker v. John Morrell & Co. (2003) iand “” Iowa Code § 668.13 . In order to fully compensate Baker and because of the mandatory nature of the Iowa statutory provision concerning interest on judgments, Baker’s request for prejudgment interest for backpay, past emotional distress awards, and past medical expenses is…”
Purina Mills, L.L.C. v. Less (2003) iand “Iowa Code § 668.13 (1), (3), (4) (2003) (emphasis added).”
Baumler v. Hemesath (1995) iowa
— Iowa Code § 668.13(4) — 3 cases
Waterloo Savings Bank v. Austin Ex Rel. Austin (1993) iowa “” Iowa Code § 668.13 (4). 2 . The statute provides: Interest shall be calculated as of the date of judgment at a rate equal to the coupon issue yield equivalent, as determined by the United States secretary of the treasury, of the average accepted auction price for the last…”
Wolbers v. the Finley Hosp. (2003) iowa “Iowa Code § 668.13 (1). Interest on damages awarded for future losses begins accruing on the date the judgment is entered.”
Opperman v. Allied Mutual Insurance Co. (2002) iowa “Iowa Code section 668.13 provides the commencement date and the rules for the determination of interest: Interest shall be allowed on all money due on judgments and decrees on actions brought pursuant to this chapter, subject to the following: 1.”
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