This would be a much quicker read if we could simply give you the name of the one company that has the best deal on coverage for teachers in Indiana. That is not the case, however, as there are a ton of unknown factors such as whether you are married or single, your financial stability, the number of miles you drive in a year, and if you own your own home, that help determine the price you have to pay. Car insurance is kind of a dry topic, but this article will explain these types of topics and will hopefully give you a jump start in finding the best auto insurance for educators.

Trying to find reasonably-priced auto insurance is not the easiest thing to do, and finding out which company quotes the cheapest insurance rates for teachers in Indiana takes even more diligence. Rates should be slightly lower than the state average, with the lower price attributed to the reduced risk that goes along with selling insurance for teachers and educators. Reasonable insurance should be easy to buy from many insurance companies. Every insurance provider has their own guidelines to set premium rates, so let's begin by examining the insurance companies with the most affordable rates in Indiana.

It's important that readers know that Indiana insurance rates are determined by lots of factors that can increase the policy premium. Price variation is why it is important to compare rates when trying to get the lowest car insurance rates for teachers. Rates are calculated by many different factors and change dramatically, so the most economical option the last time you shopped around may now be quite expensive.

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What's the cheapest car insurance in Indiana?
Rank Company Cost Per Year
1 Travelers $596
2 Cincinnati Insurance $664
3 USAA $681
4 Erie $733
5 Indiana Farmers Mutual $841
6 The Hartford $863
7 Western Reserve $872
8 Auto-Owners $915
9 State Farm $957
10 Utica National $965
11 Motorists Mutual $966
12 Nationwide $968
13 Hastings Mutual $973
14 Safeco $973
15 Farmers $1,033
16 Wolverine Mutual $1,072
17 Westfield $1,094
18 State Auto $1,098
19 Progressive $1,106
20 GEICO $1,122
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Travelers normally has some of the cheapest car insurance rates in Indiana at around $596 annually. Cincinnati Insurance, USAA, Erie, and Indiana Farmers Mutual are also some of the cheapest Indiana auto insurance companies.

As illustrated above, if you are currently insured with Indiana Farmers Mutual and switched to Cincinnati Insurance, you might realize an annual savings of approximately $177. Drivers with The Hartford may save as much as $199 a year, and Western Reserve customers might see rate reductions of $208 a year.

Remember that these prices are averaged for all types of drivers and the different vehicles they drive and and are not figured with a price decrease for teachers. So the insurer that has the lowest price for you may not even be in the top 36 companies in the list above. That's why you need to get quotes using your own individual information.

For teachers and educators, one of the big criteria that are looked at to help calculate auto insurance rates is where your car is garaged in Indiana. Cities with larger populations like Gary, Merrillville, and Lawrence tend to pay more, whereas less populated areas benefit from lower prices.

The illustration below ranks the highest-priced areas in Indiana for teachers to buy an auto insurance policy in.

How much is auto insurance in Indiana?
Rank City Average Per Year
1 Gary $1,388
2 Hammond $1,288
3 Merrillville $1,128
4 Portage $1,126
5 Lawrence $1,099
6 Indianapolis $1,082
7 Jeffersonville $1,080
8 New Albany $1,059
9 Evansville $1,045
10 Terre Haute $1,045
11 Kokomo $1,011
12 Anderson $1,011
13 Bloomington $998
14 Columbus $984
15 Elkhart $965
16 Muncie $965
17 Richmond $964
18 Greenwood $960
19 Noblesville $958
20 Fishers $954
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Rate quotes are estimated as the specific geographic location can decrease or increase prices considerably.

Comparison of full coverage and liability-only policies

Finding the cheapest insurance should be important to most vehicle owners, and one common way to find cheaper insurance for teachers in Indiana is to not insure for full coverage. The diagram below shows the difference between insurance premiums when comparing full coverage to liability only. The data assumes no accidents or driving violations, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.

Averaged for all ages 20 through 70, comprehensive and collision coverage on your policy costs an extra $1,184 per year more than just buying liability only. Many of you may wonder if buying full coverage is worth the expense. There is no written rule for excluding physical damage insurance, but there is a general convention. If the annual cost of your full coverage insurance is about 10% or more of the vehicle's replacement cost less your deductible, then it might be time to buy liability only.

For example, let's pretend your vehicle's claim settlement value is $9,500 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $8,500 after paying your policy deductible. If premiums are more than $850 annually for full coverage, then it might be time to buy liability only.

There are some scenarios where eliminating full coverage is not recommended. If you still owe a portion of the original loan, you have to carry full coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not buy liability only.

Which insurance company is best in Indiana?

Finding the highest-rated insurance provider can be difficult considering how many companies provide coverage in Indiana. The company rank data listed below could help you pick which auto insurance companies you want to consider when shopping your coverage around. The ratings below are only made up of companies who write in the majority of U.S. states, so smaller regional companies will not be included in these rankings.

Best 15 Insurance Companies for Teachers in Indiana
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 99 100 90 92% A++ 97.4
21st Century 89 86 100 88% A 92.7
GEICO 97 91 88 85% A++ 92.5
Nationwide 88 94 91 88% A+ 91.3
AAA Insurance 93 87 88 87% A 90.8
Liberty Mutual 91 91 92 87% A 90.7
Safeco Insurance 90 93 88 86% A 90.2
State Farm 91 94 80 88% A++ 90.2
Travelers 89 91 94 79% A++ 90.1
American Family 88 92 83 88% A 89.4
Titan Insurance 89 91 83 86% A+ 89.3
Allstate 90 90 84 85% A+ 89.1
Progressive 83 85 99 87% A+ 88.7
Erie Insurance 92 90 82 88% A+ 88.5
The Hartford 87 89 84 87% A+ 88
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Data Source: Best Car Insurance Companies

How to find more affordable insurance for teachers

Here are some thrifty solutions that can help Indiana drivers find cheaper car insurance.

The last tip is highly necessary, as was noted in the prior article. Car insurance prices can change significantly in a year, so don't hesitate to buy from a new company if a better deal can be had. Having a favorite company is great, but it's not a great idea if that dedication is costing a lot of money every month. In just a few minutes you could compare rates and find cheaper auto insurance for teachers.