For drivers in Fishers, one of the big factors that aid in calculating insurance cost is where you keep your vehicle in Fishers. More populated areas will most likely pay more, whereas more rural areas benefit from lower coverage costs.

The following table lists the highest-priced areas in Indiana to buy car insurance in. Fishers makes the list at #22 with a yearly cost of $954 for coverage, which is around $80 per month.

How much does auto insurance cost in Fishers?
Rank City Annual Premium
1 Gary $1,347
2 Hammond $1,288
3 Merrillville $1,128
4 Portage $1,126
5 Indianapolis $1,092
6 Lawrence $1,055
7 Evansville $1,055
8 Terre Haute $1,045
9 Jeffersonville $1,038
10 New Albany $1,028
11 Kokomo $1,001
12 Anderson $1,001
13 Bloomington $998
14 Columbus $984
15 Fort Wayne $976
16 Mishawaka $974
17 Richmond $964
18 Greenwood $960
19 Carmel $957
20 Elkhart $956
21 South Bend $956
22 Fishers $954
23 Noblesville $948
24 Muncie $927
25 Lafayette $917
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Prices are estimated as the garaging address in Fishers can modify premiums considerably.

Considering where Fishers ranks price-wise, finding reasonably-priced auto insurance is difficult, and deciding which companies have the cheapest auto insurance rates in Fishers calls for a little more work.

Every insurance provider has a unique approach for determining rates, so we'll take a look at the overall cheapest auto insurance companies in Indiana.

Find the Best Cheap Insurance in Fishers

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Cheapest insurance companies in Indiana
Rank Company Cost Per Year
1 Travelers $614
2 Cincinnati Insurance $658
3 USAA $667
4 Erie $733
5 Western Reserve $846
6 Indiana Farmers Mutual $849
7 The Hartford $889
8 Auto-Owners $906
9 Nationwide $940
10 Motorists Mutual $956
11 Utica National $956
12 State Farm $957
13 Safeco $973
14 Hastings Mutual $983
15 Farmers $1,053
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 quotes some of the lowest car insurance rates in Fishers at around $614 per year. This is $626 less than the average premium paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve also rank well as some of the cheapest Fishers, IN auto insurance companies.

As illustrated above, if you have coverage with Erie and switched to Travelers, you might realize a yearly savings of roughly $119. Drivers with Western Reserve might save as much as $232 a year, and Indiana Farmers Mutual policyholders might reduce rates by $235 a year.

To find out how your current rates compare, click here to start a quote or quote prices from the following companies.

These policy rates are averages across all types of drivers and the different vehicles they drive and and are not figured with a specific vehicle garaging location in Fishers. So the insurer that has the cheapest price for you may not even be in the list above. That affirms the importance of why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.

Why you should be shopping around

Fishers auto insurance rates are impacted by many factors which can substantially change your annual premium. Getting older, becoming a homeowner, or having a fender bender can trigger changes in premium resulting in some companies being more affordable than before.

Not only that, but insurers file new Indiana auto insurance rates every year or even multiple times each year in order to offset underwriting gains or losses. An extended period of higher than normal claims can result in rate hikes, while profitable underwriting can produce more affordable Fishers car insurance rates.

To help illustrate this point, the data below shows the company with the cheapest car insurance in Fishers, IN for a 45-year-old female driver with a clean driving record, no accidents, and a decent credit rating. If we estimate rates based on her current situation, Travelers may have the lowest car insurance rates in Fishers at $633 annually. This is $607 less than the average policy premium paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve are the remaining top five cheapest Fishers, IN auto insurance companies.

The chart below compares rates after we give the driver from the first rate comparison an at-fault accident, a lower credit rating, and a couple of points charged on her driving record. Due to the fact that each insurance company has a different formula to determining premium rates, comparing insurance quotes may now show a completely different list of companies as shown below.

The Hartford now has the lowest price on auto insurance in Fishers, IN with Cincinnati Insurance, Auto-Owners, USAA, and Nationwide completing the list. This shows why it is crucial to shop around with many companies to get the most budget-friendly car insurance rates in Fishers. Car insurance prices can be altered by many different factors and can decrease or increase without notice, so the most affordable company three years ago may now be one of the higher cost companies.

The vehicle model that is being insured is one of the primary factors that determines whether or not you find the cheapest car insurance in Fishers. Vehicles with high performance, poor crash test ratings, or a high likelihood of having liability claims will cost substantially more to insure than more economical and safe models.

The next list presents car insurance rates for some of the most economical automobiles to buy insurance for.

Cheapest Vehicles to Insure in Fishers, IN
Make, Model, and Trim Level Estimated Cost for Full Coverage
Honda CR-V EX-L 2WD $855
Volkswagen Jetta S 2.5 Station Wagon $909
Ford Escape XLS 2WD $913
Honda Accord LX-P 4-Dr Sedan $921
Chevrolet Impala LS $973
Ford Edge Limited 2WD $982
Toyota RAV4 Sport 4WD $991
Jeep Wrangler Unlimited Sport 2WD 4-Dr $1,002
Ford F-150 SVT Raptor Super Cab 4WD $1,010
Toyota Prius $1,016
Dodge Grand Caravan CV $1,022
Honda Odyssey EX-L W/Navigation $1,045
Nissan Altima 2.5 S 4-Dr Sedan $1,054
Nissan Rogue S AWD $1,061
Ford Explorer XLT 2WD $1,066
Toyota Camry LE $1,082
Honda Civic DX 4-Dr Sedan $1,092
Chevrolet Malibu LT $1,103
Toyota Camry Hybrid $1,134
Kia Optima EX $1,141
Chevrolet Silverado Crew Cab Hybrid 4WD $1,136
Toyota Tacoma X-Runner 2WD $1,142
Hyundai Sonata GLS 4-Dr Sedan $1,158
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Rate information does not factor in specific Fishers, IN garaging location which can increase or decrease insurance rates significantly.

Based upon the table data, you can presume that cars like the Honda CR-V, Volkswagen Jetta, and Ford Escape are the most budget-friendly vehicles to insure for drivers in Fishers.

How to get discounts on Fishers car insurance rates

Car insurance companies that sell policies in Fishers may also give you price discounts that could lower prices by 30% or more if you meet the requirements. Companies and a partial list of their discounts are included below.

The diagram below visualizes the comparison of car insurance costs with and without discounts. The data is based on a female driver, no tickets, no at-fault accidents, Indiana state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.

The first bar for each age group shows the average rate with no discounts. The second shows the rates with homeowner, multiple policy, claim-free, anti-theft, accident-free, and safe-driver discounts applied. When taking advantage of discounts, theaverage amount saved on insurance in Fishers is 28% or $312.

Bad driving habits will cost you more

A great way to snag low insurance rates in Indiana for drivers in Fishers is to drive carefully and have a clean driving record. The information below highlights how traffic violations and fender-benders can impact premium costs for each age group. The price estimates are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

The data in the chart shows the average cost of a car insurance policy per year with no accidents and a clean driving record is $1,389. Add in one speeding ticket and the average cost swells to $1,611, an increase of $223 each year. Then include two accidents along with the one speeding ticket and the annual cost of insurance in Fishers goes up to an average of $3,439. That's an increase of $2,050, or $171 per month, just for not being more responsible behind the wheel!