Trying to find low-cost insurance for a car in Indiana can normally be difficult, but you can learn the following methods to make it easier.

There are more efficient ways to buy car insurance and you need to know the quickest way to compare rates on a and get the cheapest rates from both online companies and Fort Wayne agents.

Sadly, most car insurance customers have been with the same company for well over three years, and about 40% of consumers have never shopped around. Indiana drivers can cut their rates by 55% a year by just shopping around, but they think it's difficult to find lower-cost insurance by shopping around.

Discounts mean cheaper rates

Some providers don't always list all their discounts very clearly, so below is a list some of the best known in addition to some of the lesser obvious discounts you could be receiving when you buy Fort Wayne auto insurance online. If they aren't giving you every credit available, you're just leaving money on the table.Save money with discounts

Keep in mind that some credits don't apply to all coverage premiums. Most only apply to the price of certain insurance coverages like comp or med pay. Just because you may think all the discounts add up to a free policy, it doesn't quite work that way.

Popular auto insurance companies and a summarized list of policyholder discounts can be read below.

When comparing rates, check with each company or agent which discounts you qualify for. Savings may not apply to policyholders in your state.

The following companies are ready to provide price comparisons in Indiana. If the list has multiple companies, we recommend you get rate quotes from several of them to find the lowest car insurance rates.

Insurance Rates for Popular Vehicles in Fort Wayne
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Impala LTZ $1,050 $525 $88
Chevrolet Silverado LS Regular Cab 2WD $824 $412 $69
Dodge Ram Quad Cab ST 2WD $970 $485 $81
Ford Edge Limited 2WD $806 $403 $67
Ford Escape XLS 4WD $696 $348 $58
Ford F-150 Lariat Crew Cab Platinum 4WD $978 $489 $82
Ford Focus SE 2-Dr Coupe $834 $417 $70
Ford Fusion Sport 4-Dr Sedan $1,318 $659 $110
Honda Accord LX-P 4-Dr Sedan $696 $348 $58
Honda CR-V EX 2WD $626 $313 $52
Honda Civic EX-L 4-Dr Sedan $994 $497 $83
Hyundai Sonata GLS 4-Dr Sedan $916 $458 $76
Jeep Wrangler Sahara 4WD 2-Dr $940 $470 $78
Mazda 3 I Touring 4-Dr Sedan $1,026 $513 $86
Nissan Altima 2.5 4-Dr Sedan $826 $413 $69
Toyota Camry LE $1,000 $500 $83
Toyota Corolla XRS $700 $350 $58
Toyota Tacoma 2WD $1,082 $541 $90
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Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Prices do not factor in vehicle location which can change premiums greatly.

Liability-only rates compared to full coverage

The illustration below illustrates the comparison of Hyundai Elantra yearly insurance costs with full coverage compared to only the Indiana minimum liability coverage. The rates are based on no claims or driving violations, $250 deductibles, married female driver, and no policy discounts are applied.

Hyundai Elantra rates are for example purposes only. To get rates for your specific vehicle, click here.

Deciding between full coverage and liability only

There is no definitive guideline for dropping physical damage insurance, but there is a general guideline. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it's probably a good time to buy liability coverage only.

For example, let's pretend your Hyundai Elantra replacement cost is $7,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after paying the physical damage deductible. If you are currently paying more than $600 a year for comprehensive and collision coverage, then it could be time to drop full coverage.

There are some scenarios where dropping physical damage coverage is not advised. If you still owe money on your vehicle, you are required to maintain full coverage to protect the lienholder's interest. Also, if you don't have enough money to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Deductible comparison

The chart below illustrates how choosing a deductible and can increase or decrease Hyundai Elantra insurance costs for each age group. The premium estimates are based on a married male driver, full physical damage coverage, and no additional discounts are factored in.

Hyundai Elantra rates are for example purposes only. To get rates for your specific vehicle, click here.

You have control over your auto insurance prices

When buying auto insurance it's important to understand a few of the rating criteria that play a part in calculating your policy premiums. When you understand what influences your rates, this empowers consumers to make smart changes that can earn you cheaper rates. Many different elements are taken into consideration when quoting car insurance. A few of the factors are predictable such as your driving record, but others are not as apparent like your continuous coverage or your commute time.

Lower rates by increasing deductibles - Protection for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. Examples of some claims that would be covered could be a broken side mirror, vandalism, and burglary. Your deductibles are how much you are required to pay if the claim is covered. The more money you choose to pay out-of-pocket, the lower your rates will be.

Premiums are high for teenagers - Older insureds are shown to be more cautious, cause fewer claims and accidents, and are safer drivers.Drivers with little experience are statistically proven to be easily distracted with other occupants in the car and because of this, their auto insurance rates are much higher.

Optional features can affect auto insurance rates - Owning a car that has a built-in theft deterrent system can help lower your rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop your car from being stolen.

Discounts for married drivers - Being married may earn you lower rates on your auto insurance bill. Having a spouse generally demonstrates drivers are less irresponsible and statistics prove married drivers tend to file fewer claims.

Always keep your auto insurance policy in place - Driving your car without having proper coverage is a misdemeanor and companies may charge more for letting your insurance coverage expire. Not only will you pay higher rates, being ticketed for driving with no insurance will get you a license revocation or jail time. You may have to provide proof of insurance in the form of an SR-22 filing with the Indiana DMV.

Insurance is unique, just like you

When it comes to choosing your policy, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs.Higher deductibles save money

For example, these questions can aid in determining whether you might need an agent's assistance.

If it's difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form. It's fast, doesn't cost anything and may give you better protection.

Compare rates but buy from a neighborhood Fort Wayne auto insurance agent

Some people just prefer to buy from a local agent and often times that is recommended Good agents are very good at helping people manage risk and will help you if you have claims. The biggest benefit of comparing insurance prices online is the fact that drivers can get better rates but still work with a licensed agent. And supporting local agents is especially important in Fort Wayne.

Insurance agents in Fort WayneTo help locate an agent, after submitting this form (opens in new window), the coverage information is submitted to participating agents in Fort Wayne who want to provide quotes for your business. It makes it easy because there is no need to find an agent since price quotes are sent to the email address you provide. If you want to get a comparison quote from a particular provider, you just need to navigate to their website and give them your coverage information.

Listed below are Fort Wayne auto insurance companies that may be willing to give comparison quotes.

View more Fort Wayne agents

Selecting an provider should include more criteria than just a cheap quote. These questions are important to ask:

Upon getting good responses to any questions you may have as well as an affordable premium quote, most likely you have located an provider that is professional and can properly insure your vehicles. Just be aware that policyholders can terminate coverage when you choose so never feel that you're stuck with any specific company indefinitely.

Why you need quality insurance for your vehicle

Even though it can be expensive, insurance is required for several reasons.

First, just about all states have mandatory liability insurance requirements which means you are required to carry a specific minimum amount of liability protection in order to drive the car. 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 bought your vehicle with a loan, most banks will require that you have physical damage coverage to guarantee loan repayment. If you do not pay your insurance premiums, the bank will be required to insure your vehicle at an extremely high rate and require you to reimburse them for the much more expensive policy.

Third, insurance protects both your vehicle and your personal assets. It will also pay for most medical and hospital costs incurred in an accident. Liability coverage, the one required by state law, will also pay attorney fees if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.

The benefits of buying auto insurance are definitely more than the cost, especially if you ever need it. Despite what companies tell you, the average driver overpays more than $850 per year so it's recommended you shop around once a year at a minimum to save money.

Car insurance claims by make and model

Which makes and models have the most claims? The statistics below list the highest and lowest makes and models for the probability of having to file claims organized by coverage.

Lowest and Highest Collision Coverage Claims by Vehicle Make and Model
Lowest Claims Highest Claims
Jeep Wrangler BMW M6
Nissan Xterra Audi RS7
GMC Canyon Nissan GT-R
Smart ForTwo Maserati Granturismo
Mini Cooper Bentley Continental Flying Spur
Ford F-150 SuperCrew Maserati Ghibli

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Manufacturer Models with the Lowest and Highest Auto Insurance Medical Payment Claims
Lowest Claims Highest Claims
Chevrolet Silverado 2500 Mitsubishi Lancer
Chevrolet Corvette Nissan Versa
Ford F-250 SuperCrew Hyundai Accent
Audi A4 Allroad Nissan Sentra
Tesla Model S Chevrolet Spark
Ford Expedition Kia Forte

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Comprehensive Claims by Manufacturer Model
Lowest Claims Highest Claims
Infiniti QX50 Mercedes-Benz S Class
Chevy Silverado 2500 BMW M6
Chevy Spark Audi S7
Volvo V60 Porsche Panamera GTS
GMC Sierra 2500 BMW M6
Nissan Xterra Bentley Continental GTC

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Liability Coverage Claims by Vehicle Make and Model
Lowest Claims Highest Claims
Audi A6 Mitsubishi Lancer
Fiat 500 Mitsubishi Mirage
Volvo XC60 Chevrolet Cruze
Mercedes-Benz SL Class Kia Optima
Chevrolet Corvette Kia Rio
Acura MDX Chrysler 200

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Quote more and you will save more

Insureds leave their current company for many reasons like policy non-renewal, denial of a claim, high rates after DUI convictions and even an unsatisfactory settlement offer. It doesn't matter what your reason, finding a new auto insurance company can be pretty painless.

A few companies may not offer online rate quotes and many times these smaller providers only sell coverage through independent insurance agencies. Affordable auto insurance in Fort Wayne can be found both online and also from your neighborhood Fort Wayne agents, and you need to price shop both to have the best rate selection.

As you quote Fort Wayne auto insurance, do not reduce coverage to reduce premium. There are many occasions where an insured dropped liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal is to purchase plenty of coverage at a price you can afford, but do not skimp to save money.

To read more, take a look at the resources below: