Finding out which companies offer the lowest-priced car insurance rates in Jeffersonville will require more work than just comparing a company or two.
Each auto insurance company uses a little different formula to set policy rates, so let's take a look at the car insurance companies that tend to have lower prices in Jeffersonville, IN. It's important that you understand Indiana car insurance rates are based on many factors that control the policy premium. Getting older, buying a home instead of renting, or getting caught speeding can trigger price changes that can cause some rates to be more affordable than others.
|Rank||Company||Cost Per Year|
|6||Indiana Farmers Mutual||$875|
|View More Rates Go|
Travelers offers some of the best car insurance rates in Jeffersonville at around $620 a year. This is $620 less than the average price paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve are also some of the lowest-priced Jeffersonville, IN auto insurance companies.
In this example, if you are a customer of Erie and switched to Travelers, you might realize an annual premium reduction of upwards of $92. Drivers with Western Reserve could save as much as $218 a year, and Indiana Farmers Mutual customers might cut rates by $255 a year.
If you would like to find cheaper car insurance rates, click here to start your custom quote or click several companies below for low rates.
Bear in mind that those rates are averaged for all insureds and vehicles and and are not figured with a specific location in Jeffersonville. So the auto insurance company that is best suited for you may not even be in the top 36 companies shown above. That point stresses why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.
For drivers in Jeffersonville, one of the big criteria that help determine the annual cost of car insurance is the neighborhood you call home. Areas with increased crime or more people will most likely have higher rates, whereas areas that tend to be more rural tend to receive cheaper rates.
The illustration below shows the highest-priced areas in Indiana to buy auto insurance in. Jeffersonville is ranked at #8 with the yearly price of $1,070 on average, which is about $89 per month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Premium amounts are estimated as the specific zip code location can affect coverage prices noticeably.
The vehicle requiring insurance is a large factor when consumers are trying to find cheaper car insurance in Jeffersonville. Vehicles with lower acceleration and performance, modern passenger safety features, or low incidents of liability claims will cost significantly less to insure than adrenaline junky models. The next list outlines car insurance prices for a number of the more affordable automobiles to insure in Indiana.
|Vehicle||Estimated Cost for Full Coverage|
|Hyundai Elantra SE Touring Station Wagon||$1,097|
|Ford Escape XLT 2WD||$1,159|
|Honda CR-V EX-L 4WD||$1,186|
|Chevrolet Malibu LT||$1,225|
|Honda Odyssey EX-L W/Navigation||$1,264|
|Toyota Tacoma X-Runner 2WD||$1,274|
|Chevrolet Silverado 2500HD LTZ Crew Cab 4WD||$1,289|
|Volkswagen Jetta SE 4-Dr Sedan||$1,297|
|Ford Explorer Eddie Bauer 2WD||$1,303|
|Jeep Wrangler Sahara 4WD 2-Dr||$1,313|
|Dodge Ram Crew Cab SLT 2WD||$1,310|
|Ford F-150 Lariat Crew Cab Platinum 4WD||$1,312|
|Hyundai Sonata SE 4-Dr Sedan||$1,349|
|Ford Edge SEL AWD||$1,355|
|Honda Accord EX 2-Dr Coupe||$1,349|
|Chevrolet Silverado Crew Cab Hybrid 2WD||$1,351|
|Chevrolet Impala LT||$1,376|
|Dodge Grand Caravan Hero||$1,384|
|Toyota RAV4 Sport 2WD||$1,376|
|Ford Focus SE 4-Dr Sedan||$1,440|
|Toyota Corolla XLE||$1,447|
|Honda Civic LX 2-Dr Coupe||$1,470|
|Get a Custom Quote Go|
Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Premium amounts do not factor in the specific area where the vehicle is garaged which can decrease or increase premiums substantially.
By looking at the data, we can presume that models like the Hyundai Elantra, Ford Escape, and Honda CR-V are likely to be the cheaper vehicles to insure for drivers in Jeffersonville.
Cautious Jeffersonville drivers save money
The recommended way to score low insurance prices in Jeffersonville for drivers in Jeffersonville is to be a cautious driver and not receive tickets or have accidents. The example below shows how traffic citations and at-fault collisions can influence auto insurance rates for different ages of insureds. The premium estimates are based on a single male driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
The data above shows the average cost of a car insurance policy in Jeffersonville per year with no violations or accidents is $1,613. Get one speeding ticket and the average cost swells to $1,816, an increase of $203 each year. Now throw in one accident along with the one speeding ticket and the yearly cost of insurance in Jeffersonville jumps again to an average of $2,388. That's an increase of $774, or $65 per month, just for being a less-than-perfect driver!
The example below highlights how deductible choice can affect insurance rates when trying to find cheap insurance in Jeffersonville. The costs are based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
In the chart above, a 50-year-old driver could lower rates by $222 a year by changing from a $100 deductible to a $500 deductible, or save $334 by selecting a $1,000 deductible. Younger drivers, such as the 20-year-old example, have the ability to save as much as $566 each year just by choosing larger deductibles. When using a larger deductible, it will be necessary to have enough in a savings account to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
How to find low-cost car insurance in Jeffersonville
Lowering your rates is not difficult, and here are a few penny-pinching solutions that can help Jeffersonville drivers quote cheap car insurance.
- Buy a car with high safety ratings
- Having at-fault accidents will increase rates
- Try to remain claim-free
- Insure your home and auto with the same company
- Save money by observing traffic laws and speed limits
- Compare quotes from other companies often
The last suggestion is particularly vital, as was affirmed in the prior article. Auto insurance rates can change considerably in a year, so drivers shouldn't be resistant to buy a policy from a new company if you find a better deal. Having brand loyalty is commendable, but is isn't recommended if that dedication is costing a small fortune year after year. It takes less than five minutes to compare rates and find cheaper auto insurance in Jeffersonville.