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No. Unless they are members of the same immediate family who live in the same household. Anything else is against the terms of your policy which is a legally binding contract. Be very careful with this. If you insure a friends car on your auto policy and they have an accident, your insurance company cannot pay you for the damages because you don't own the vehicle, and they can't pay your friend because they don't have a contract with the insurance company. Not only will no one be paid for the claim, but you have also committed insurance fraud based on "material misrepresentation". Say your friend hit another person. The insurance company cannot pay that person either. You will be sued by that person and your friend. As for your friend, you technically sold them insurance without a license nor a contract to sell insurance with the company. Your friend and you will be sued and the company will also not pay for your legal defense. You will be screwed all the way around just because you wanted to save money and screw the insurance company out of premiums.

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Q: Can a car be registered to one person and insured by another in Iowa?
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