Finding reliable, cost effective auto insurance is tough enough, and deciding which company has the most affordable auto insurance rates for government employees in Indiana calls for a little more work. Each company has their own guidelines for setting rates, so we'll go over the most budget-friendly auto insurance companies in Indiana.
Keep in mind that Indiana auto insurance rates are impacted by many factors that will increase or decrease the price you have to pay. This price variability is why consumers need to take the time to spend some time comparing rates to get the lowest car insurance quotes for government employees. Auto insurance prices are influenced by many risk factors and change frequently, so the best price when you bought your policy may now be costing you a lot of money.
Best Insurance Companies in Indiana
|Rank||Company||Cost Per Year|
|6||Indiana Farmers Mutual||$867|
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Travelers may offer some of the lowest car insurance rates in Indiana at around $614 per year. This is $626 less than the average premium paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and The Hartford also qualify as some of the most economical Indiana auto insurance companies.
As the example above demonstrates, if you are currently insured with Erie and switched to USAA, you might achieve a yearly savings of approximately $24. Drivers with The Hartford might save as much as $174 a year, and Indiana Farmers Mutual policyholders might lower prices by $186 a year.
Understand that those rates are averages for all ages of drivers and types of vehicles and and are not calculated with a rate decrease for government employees. So the car insurance company that can offer you the lowest price may not even be in the top 36 companies in the list above. That emphasizes why you need to compare prices as often as possible using your own driver data and vehicle information.
One of the many components that are looked at to help calculate the annual cost of car insurance is the neighborhood you call home. More populated areas like Gary, Merrillville, and Lawrence tend to pay more, whereas areas with lower vehicle theft rates and fewer weather claims receive better rates.
The illustration below rates the most expensive areas in Indiana for government employees to purchase car insurance in.
|Rank||City||Premium Per Year|
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Prices are approximated as the specific Indiana residence address can decrease or increase price quotes considerably.
The make and model of vehicle requiring coverage is a large factor when comparing cheaper auto insurance for government employees. Vehicles with lower acceleration and performance, good crash test ratings, or a track record of few liability claims will cost substantially less to insure than fast, unsafe models. The table below presents coverage premiums for the cheaper vehicles to buy coverage for.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Jeep Wrangler Sport Islander Package 4WD 2-Dr||$601|
|Honda CR-V EX 2WD||$627|
|Honda Accord EX 4-Dr Sedan||$637|
|Hyundai Elantra GLS Touring Station Wagon||$627|
|Jeep Grand Cherokee Laredo 2WD||$648|
|Toyota RAV4 Limited 2WD||$653|
|Dodge Ram Quad Cab ST 2WD||$664|
|Chevrolet Silverado LS Regular Cab 4WD||$690|
|Toyota Corolla XRS||$694|
|Nissan Rogue SL 2WD||$697|
|Dodge Grand Caravan CV||$704|
|Ford F-150 XL Super Cab 4WD||$714|
|GMC Sierra 3500HD SLE Extended Cab 2WD||$706|
|Ford F-350 XL Crew Cab King Ranch 2WD||$712|
|Honda Civic EX-L 4-Dr Sedan||$716|
|Chevrolet Silverado 3500HD LTZ Crew Cab 2WD||$719|
|Ford Escape Limited 4WD||$729|
|Honda Odyssey EX||$738|
|Chevrolet Equinox LS 2WD||$743|
|Nissan Altima 2.5 S 2-Dr Coupe||$749|
|Ford Explorer Limited AWD||$758|
|Ford Focus SES 4-Dr Sedan||$768|
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Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Estimates do not factor in zip code location which can lower or raise price quotes considerably.
Looking at the data, we can expect models like the Jeep Wrangler, Toyota Prius, Honda CR-V, Honda Accord, and Hyundai Elantra are most likely to be the cheaper vehicles to insure for state and federal workers.
The information below illustrates how your choice of deductibles can influence annual premium costs when researching cheap insurance for government employees in Indiana. The premiums are based on a single male driver, full physical damage coverage, and no discounts are factored in.
As shown above, a 50-year-old driver could cut expenses by $312 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $470 by changing to a $1,000 deductible. Youthful drivers, like the Age 20 category, have the ability to save as much as $1,042 annually by choosing a larger deductible amount.
If you do make the decision to raise your deductibles, it's a good idea to have additional funds squirreled away to pay the extra out-of-pocket expense that comes with higher deductibles.
How to find a good Indiana auto insurance company
Selecting a high-quality insurance company can be challenging considering how many different companies there are to choose from in Indiana. The ranking data in the lists below can help you decide which auto insurers to look at when trying to find cheaper insurance for government employees. The ratings below are only comprised of the largest companies in America, so companies without a large exposure are not included in these rankings.
Top 10 Major Car Insurance Companies in Indiana Ranked by A.M. Best Rating
- USAA - A++
- GEICO - A++
- Travelers - A++
- State Farm - A++
- Allstate - A+
- Progressive - A+
- Erie Insurance - A+
- The Hartford - A+
- Nationwide - A+
- Esurance - A+
Top 10 Major Car Insurance Companies in Indiana Ranked by Value
- AAA Insurance
- Erie Insurance
- State Farm
- Liberty Mutual
- Safeco Insurance
- 21st Century
Ideas for finding cheaper insurance for government employees in Indiana
The list below shows some of the recommended money-saving ideas that can help Indiana drivers find more affordable car insurance.
- Buying car and homeowners insurance together can save money
- Good credit can save money
- Tickets and violations raise rates
- Accidents can significantly increase rates
- Pay for small claims rather than turning them in to your insurance company
- Increase physical damage deductibles
- Shop around for cheaper prices
That last idea is certainly necessary, as we hit on in the article above. Car insurance prices change constantly, so you should be ready to switch to a new company if a lower price can be found. Being loyal to a particular company is commendable, but it's not a great idea if that loyalty ends up costing hundreds of dollars year after year. It takes less than five minutes to compare rates and find cheaper car insurance for government employees.