Being forced to pay for high-priced auto insurance premiums can dwindle your savings and require stricter spending habits.

Discount Ford Flex insuranceUnimaginable but true, the vast majority of consumers have stayed with the same insurance company for at least four years, and nearly half have never compared rates from other carriers. Indiana consumers can save hundreds of dollars each year just by getting comparison quotes, but most undervalue the benefits if they switch to a new company.

Having so many companies and agents to choose from, it can be challenging to choose a more affordable insurance company.

Comparing rates for affordable insurance in Fort Wayne is simple if you know the tricks. Practically every driver who is shopping for insurance will probably get better rates. But Indiana drivers need to learn how big insurance companies calculate their prices and use it to your advantage.

Affordable Fort Wayne car insurance quotes with discounts

Not many people think insurance is cheap, but you may qualify for discounts that many people don't even know exist. Most are applied at quote time, but a few need to be inquired about before you will receive the discount.

As a sidenote, some credits don't apply to your bottom line cost. Most only reduce the cost of specific coverages such as liability and collision coverage. If you do the math and it seems like you would end up receiving a 100% discount, that's just not realistic.

A few popular companies and a summarized list of policyholder discounts are:

Double check with each company to apply every possible discount. Some discounts listed above may not be available everywhere.

Keep in mind that making a lot of price comparisons increases the chance that you will find lower pricing.

The companies shown below have been selected to offer comparison quotes in Indiana. If the list has multiple companies, we recommend you get price quotes from several of them to get the best price comparison.

Ford Flex Insurance Rates in Fort Wayne, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Flex SE 2WD $264 $428 $286 $16 $86 $1,080 $90
Flex SEL 2WD $196 $400 $340 $20 $102 $1,058 $88
Flex SEL AWD $298 $592 $340 $20 $102 $1,352 $113
Flex Limited 2WD $234 $422 $294 $18 $88 $1,056 $88
Flex Limited AWD $234 $444 $318 $18 $94 $1,108 $92
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Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Table data does not factor in the specific area where the vehicle is garaged which can raise or lower auto insurance rates considerably.

Physical damage deductibles: Should you raise them?

One of the hardest decisions when shopping for car insurance is how high or low should comp and collision deductibles be. The tables below can help illustrate the costs and benefits when you buy lower versus higher policy deductibles. The first set of rates uses a $100 deductible for comp and collision and the second price table uses a $1,000 deductible.

Ford Flex insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Flex SE 2WD $272 $436 $280 $16 $84 $1,113 $93
Flex SEL 2WD $272 $514 $280 $16 $84 $1,191 $99
Flex SEL AWD $304 $514 $280 $16 $84 $1,223 $102
Flex Limited 2WD $304 $514 $280 $16 $84 $1,223 $102
Flex Limited AWD $304 $514 $280 $16 $84 $1,223 $102
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Ford Flex insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Flex SE 2WD $152 $230 $280 $16 $84 $762 $64
Flex SEL 2WD $152 $270 $280 $16 $84 $802 $67
Flex SEL AWD $168 $270 $280 $16 $84 $818 $68
Flex Limited 2WD $168 $270 $280 $16 $84 $818 $68
Flex Limited AWD $168 $270 $280 $16 $84 $818 $68
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Rate information does not factor in vehicle location which can influence coverage prices noticeably.

Using the premium rates above, we can conclude that using a $100 deductible costs an average of $33 more each month or $396 annually than choosing the higher $1,000 deductible. Since you would have to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at least 27 months between claim filings, you would more than likely save some money if you decide on a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $100 deductibles: $100
Average monthly premium for $1,000 deductibles (subtract): - $67
Monthly savings from raising deductible: $33
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $33
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 27 months

One important note is that higher deductibles means you will have to pay more when you have to file a claim. That will require some savings in the event you have to pay more for the deductible.

Get rate quotes but still have a local Fort Wayne insurance agent

Many people would prefer to talk to a local agent. One of the best bonuses of comparing rate quotes online is the fact that you can find cheap auto insurance rates and still have a local agent. Buying insurance from small agencies is important particularly in Fort Wayne.

Upon completion of this short form, your coverage information is submitted to local insurance agents that can give you free Fort Wayne car insurance quotes to get your business. You never need to search for an agent due to the fact that quote results will go to the email address you provide. Get lower rates and a licensed agent to talk to. If you wish to get a comparison quote from one company in particular, you can always go to their quote page and fill out their quote form.

Choose the right auto insurance agent

If you are searching for a reliable insurance agent, you should know the different types of agencies and how they work. Fort Wayne agents can be classified as either independent agents or exclusive agents.

Independent Insurance Agents

These type of agents are not employed by any specific company so they can insure your vehicles with lots of companies and possibly get better coverage at lower prices. If your premiums go up, they simply move the coverage in-house and the insured can keep the same agent. If you need cheaper auto insurance rates, we recommend you get rate quotes from multiple independent agents so that you can do a thorough price comparison.

The following is a small list of independent insurance agents in Fort Wayne who can help you get free auto insurance rate quotes.

3213 E State Blvd - Fort Wayne, IN 46805 - (260) 216-0024 - View Map

707 Airport North Office Park - Fort Wayne, IN 46825 - (260) 482-6700 - View Map

2700 Lower Huntington Rd - Fort Wayne, IN 46809 - (260) 747-6186 - View Map

More Fort Wayne agents

Exclusive Insurance Agents

These type of agents have only one company to place business with like Allstate, State Farm and Farmers Insurance. They are unable to provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive agents are usually well trained on the products they sell which helps them compete with independent agents.

The following is a short list of exclusive insurance agencies in Fort Wayne willing to provide rate quotes.

6221 Maplecrest Rd - Fort Wayne, IN 46835 - (260) 484-8572 - View Map

3474 Stellhorn Rd - Fort Wayne, IN 46815 - (260) 485-0122 - View Map

8938 Lima Rd Suite R - Fort Wayne, IN 46818 - (260) 489-3977 - View Map

More Fort Wayne agents

Deciding on an car insurance agent requires you to look at more than just the price. Any agent in Fort Wayne should be forthright in answering these questions:

After talking to the agent and getting satisfactory answers to all your questions as well as the cheapest Ford Flex insurance in Fort Wayne quotes, you may have just found an insurance agency that is professional and can service your policy. It's important to know that consumers can terminate your policy any time you want so don't assume you're contractually obligated to the auto insurance policy for the full term.

Why you need to buy car insurance

Despite the potentially high cost of Ford Flex insurance, insuring your vehicle serves an important purpose.

First, almost all states have compulsory liability insurance requirements which means you are required to carry a minimum amount of liability protection in order to be legal. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your car, it's most likely the lender will make it a condition of the loan that you have comprehensive coverage to ensure they get paid if you total the vehicle. If the policy lapses, the bank will be required to insure your Ford for a much higher rate and force you to reimburse them a much higher amount than you were paying before.

Third, car insurance preserves both your Ford Flex and your assets. It will also cover all forms of medical expenses for not only you but also any passengers injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If you have damage to your Ford as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.

The benefits of insuring your car definitely exceed the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver overpays as much as $820 a year so it's important to compare rates at least once a year to help ensure money is not being wasted.

Auto insurance coverages and their meanings

Understanding the coverages of auto insurance can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Shown next are typical coverage types found on most auto insurance policies.

Medical costs insurance - Med pay and PIP coverage provide coverage for immediate expenses for things like hospital visits, nursing services and X-ray expenses. They are often used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision - This will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like vandalism, rock chips in glass and hitting a bird. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

UM/UIM Coverage - Your UM/UIM coverage provides protection from other drivers when they are uninsured or don't have enough coverage. Covered losses include medical payments for you and your occupants as well as your vehicle's damage.

Since many Indiana drivers carry very low liability coverage limits (25/50/10 in Indiana), it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages are similar to your liability insurance amounts.

Collision coverages - This will pay to fix damage to your Flex resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as rolling your car, crashing into a building, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible on your Flex to save money on collision insurance.

Auto liability - Liability insurance protects you from injuries or damage you cause to other people or property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/10 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $10,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for things like emergency aid, loss of income, pain and suffering, attorney fees and medical services. The amount of liability coverage you purchase is your choice, but buy as large an amount as possible. Indiana state law requires minimum liability limits of 25/50/10 but you should think about purchasing more coverage.

Quote more to save more

Throughout this article, we presented many ideas to get a better price on Ford Flex insurance in Fort Wayne. The key concept to understand is the more companies you get prices for, the better likelihood of getting affordable Fort Wayne car insurance quotes. You may even find the most savings is with a smaller regional carrier. Some small companies can often provide lower prices in certain areas as compared to the big name companies such as Progressive and GEICO.

When shopping online for auto insurance, it's not a good idea to buy lower coverage limits just to save a few bucks. There have been many cases where someone dropped liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. The goal is to purchase plenty of coverage at the best possible price and still be able to protect your assets.

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