Have you finally had enough of sacrificing to make your car insurance payment? You are no different than many other Indiana drivers.
Unbelievably, a large majority of drivers have been with the same company for more than four years, and nearly the majority have never compared quotes from other companies. Many drivers in Indiana could save $697 a year by just shopping around, but they underestimate how much savings they would realize if they moved their coverage to a different company. You have multiple insurers to pick from, and although it's a good thing to have a selection, it makes it harder to compare rates and find the lowest cost car insurance.
It's a good habit to do price comparisons every six months because insurance prices trend upward over time. If you had the lowest rates on Dodge Journey insurance in Indianapolis a few years ago there is a good chance you can find better premium rates now. Don't believe everything you read about Journey insurance online, but in this article, you're going to get some great ways to buy car insurance cheaper in Indianapolis.
Getting quotes for affordable coverage in Indianapolis is easy if you know what you're doing. If you have insurance now or just want to reduce your rates, you will benefit by learning to reduce the price you pay while maintaining coverages. Drivers only have to learn the quickest way to compare company rates on the web.
The companies in the list below are our best choices to provide comparison quotes in Indianapolis, IN. If multiple companies are shown, we recommend you visit as many as you can to get the lowest price.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Journey SE 2WD||$268||$442||$380||$22||$114||$1,226||$102|
|Journey SXT 2WD||$170||$334||$364||$22||$110||$1,000||$83|
|Journey R/T 2WD||$118||$196||$270||$16||$80||$680||$57|
|Journey SXT Crew 2WD||$118||$196||$270||$16||$80||$680||$57|
|Journey SXT AWD||$188||$304||$264||$16||$80||$852||$71|
|Journey R/T AWD||$148||$312||$340||$20||$102||$922||$77|
|Journey SXT Crew AWD||$248||$472||$290||$18||$86||$1,114||$93|
|Get Your Own Custom Quote Go|
Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Table data does not factor in specific Indianapolis garaging location which can change price quotes substantially.
Physical damage deductible comparison
The example below highlights how deductible choice and can affect Dodge Journey insurance rates for different age categories. The costs are based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
Comparison of full coverage and liability-only policies
The diagram below illustrates the difference between Dodge Journey insurance costs with and without full coverage. The prices are based on no violations or claims, $100 deductibles, married male driver, and no discounts are applied.
When to drop comp and collision
There is no definitive guideline for dropping comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is about 10% or more 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 say your Dodge Journey settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would receive is $2,000 after the deductible is paid. If you are paying more than $200 annually for full coverage, then you might want to consider buying only liability coverage.
There are some situations where dropping full coverage is not recommended. If you still owe a portion of the original loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you can't afford to buy a different vehicle in case of an accident, you should maintain full coverage.
Accidents and violations increase rates
The information below highlights how speeding tickets and at-fault claims can impact Dodge Journey auto insurance rates for different categories of driver ages. The prices are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no additional discounts are factored in.
Why you need to buy car insurance
Despite the fact that car insurance is not cheap in Indianapolis, insuring your vehicle is mandatory in Indiana but it also protects more than you think.
- Almost all states have minimum liability requirements which means you are required to buy specific minimum amounts of liability 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.
- If your vehicle has a lienholder, most banks will require you to have insurance to guarantee loan repayment. If you default on your policy, the lender may have to buy a policy to insure your Dodge for a lot more money and make you pay much more than you were paying before.
- Car insurance protects both your assets and your Dodge. It will also cover many types of medical costs incurred in an accident. Liability insurance will also pay for a defense attorney if you are sued as the result of an accident. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of having insurance outweigh the cost, particularly when you have a large claim. According to a survey of 1,000 drivers, the average driver is overpaying more than $865 each year so you should quote and compare rates once a year at a minimum to make sure the price is not too high.
Indiana drivers can't get away from all the ads for cheaper auto insurance from companies such as Allstate and Progressive. All the companies have a common claim that drivers can save some big amount after switching to them.
How do they all charge lower premium rates? This is how they do it.
Many companies quote their best rates for the type of driver that will most likely be profitable. A good example of a preferred risk may need to be over the age of 40, has a clear driving record, and chooses high deductibles. Any driver that matches those criteria will probably get cheap rates and will probably save when switching.
People who do not fit these criteria must pay higher premiums and ends up with business not being written. If you listen to the ad wording, they say "people who switch" not "everyone that quotes" save that much when switching. That is how insurance companies can make claims that they all have the best car insurance rates.
Because of these techniques, it's extremely important to get as many free Indianapolis auto insurance quotes as possible. It is impossible to guess with any certainty which company will have the lowest rates for your situation.
Check for these five discounts on Dodge Journey insurance in Indianapolis
Companies don't always publicize the complete list of policy discounts very well, so the list below contains some of the best known and the more hidden credits available to bring down your rates.
- Payment Discounts - By paying your policy upfront as opposed to paying monthly you may have a lower total premium amount.
- Auto/Life Discount - Larger insurance carriers have lower rates if you buy a life policy as well.
- No Claims - Good drivers with no accidents pay less when compared with frequent claim filers.
- Homeowners Savings - Just being a homeowner can save you money due to the fact that maintaining a home means you have a higher level of financial diligence.
- Discounts for Cautious Drivers - Drivers without accidents can pay as much as 50% less compared to rates paid by drivers with frequent claims.
Policy discounts save money, but some of the credits will not apply to the entire policy premium. Most cut the price of certain insurance coverages like comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, companies don't profit that way.
A few of the larger companies and a selection of discounts are included below.
- American Family has discounts for air bags, defensive driver, multi-vehicle, bundled insurance, Steer into Savings, and good student.
- State Farm may have discounts that include multiple autos, anti-theft, passive restraint, defensive driving training, good student, good driver, and safe vehicle.
- 21st Century discounts include air bags, 55 and older, defensive driver, early bird, driver training, and teen driver.
- Travelers offers discounts for driver training, early quote, payment discounts, new car, IntelliDrive, multi-car, and multi-policy.
- GEICO includes discounts for multi-vehicle, air bags, driver training, military active duty, daytime running lights, and good student.
Double check with each company or agent which discounts they offer. Some credits may not be available in Indianapolis. If you would like to view insurance companies with discount auto insurance rates in Indianapolis, click this link.
When to contact an insurance agency
Certain consumers just prefer to get professional advice from a licensed agent and we recommend doing that Experienced insurance agents will help you protect your assets and help submit paperwork. An additional benefit of price shopping on the web is the fact that drivers can get cheaper premium rates but also keep your business local. Buying from local insurance agencies is important especially in Indianapolis.
Upon completion of this form (opens in new window), the quote information gets sent to companies in Indianapolis who will gladly provide quotes for your coverage. There is no need to leave your house due to the fact that quote results will go to your email. If you wish to compare prices from a specific insurance company, you would need to find their quoting web page to submit a rate quote request.
If you need to find a reliable insurance agent, there are a couple of different agency structures and how they can write your policy. Insurance agencies in Indianapolis can be described as either exclusive agents or independent agents. Both properly insure your vehicles, but it is a good idea to know how they differ because it may have an impact on your agent selection.
Agents that choose to be independent can sell policies from many different companies so they have the ability to put coverage through many companies and get you the best rates possible. If they find a cheaper price, they simply switch companies in-house and you won't have to switch agencies.
If you need cheaper insurance rates, you absolutely need to get insurance quotes from independent agents for maximum quote selection.
Listed below are Indianapolis independent insurance agents that can possibly get you rate quotes.
Exclusive Insurance Agencies
Exclusive agencies can only write with one company like AAA, Allstate, and State Farm. They generally cannot place coverage with different providers so it's a take it or leave it situation. They receive a lot of sales training on their products and sales techniques which helps them compete with independent agents.
The following is a short list of exclusive insurance agencies in Indianapolis that can give you price quote information.
Frances Johnson - State Farm Insurance Agent
5707 N Michigan Rd - Indianapolis, IN 46228 - (317) 257-3504 - View Map
Finding a good insurance agency shouldn't rely on just a cheap price quote. These are valid questions to ask:
- Do they offer accident forgiveness?
- If they are an independent agency in Indianapolis, which companies do they recommend?
- Are they actively involved in the community?
- Did they already check your driving record and credit reports?
- How much training do they have in personal risk management?
- Are there any discounts that you might be missing?
If you receive good feedback to any questions you may have and the cheapest Dodge Journey insurance in Indianapolis quotes, you may have just found an insurance agency that will insure your vehicles. Just remember it's your policy and you can cancel your policy whenever you want so don't think you are locked into a specific company for any length of time.
Educate yourself about insurance coverages
Learning about specific coverages of your insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverage types offered by insurance companies.
Medical expense coverage - Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as surgery, prosthetic devices and nursing services. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Collision - This pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for things such as backing into a parked car, colliding with another moving vehicle, sustaining damage from a pot hole and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible on your Journey in order to get cheaper collision rates.
Uninsured or underinsured coverage - This provides protection from other motorists when they are uninsured or don't have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle's damage.
Since many Indiana drivers carry very low liability coverage limits (which is 25/50/10), it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages are set the same as your liability limits.
Liability insurance - This coverage protects you from damage that occurs to other's property or people in an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/10 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $10,000. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.
Liability can pay for things like loss of income, emergency aid, attorney fees, pain and suffering and bail bonds. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible. Indiana state minimum liability requirements are 25/50/10 but it's recommended drivers buy more coverage.
Comprehensive protection - This coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims like damage from a tornado or hurricane, theft, vandalism and falling objects. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced liability limits or collision coverage only to regret that the few dollars in savings costed them thousands. The ultimate goal is to purchase plenty of coverage at an affordable rate.
Cost effective Dodge Journey insurance can be purchased from both online companies in addition to local insurance agencies, and you should compare rates from both to have the best selection. Some insurance providers don't offer the ability to get quotes online and these smaller providers prefer to sell through independent insurance agencies.
More detailed insurance information is located at these sites:
- Teen Driving Statistics (GEICO)
- Who Has Affordable Indiana Auto Insurance for High Mileage Drivers? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Seniors in Indiana? (FAQ)
- Who Has Affordable Indiana Car Insurance for a GMC Sierra? (FAQ)
- Who Has Cheap Indiana Auto Insurance for a Honda Pilot? (FAQ)
- Who Has Cheap Indiana Car Insurance for Real Estate Agents? (FAQ)
- How Much are Auto Insurance Rates for 17 Year Olds in Indiana? (FAQ)
- What is the Cheapest Auto Insurance in Carmel, Indiana? (FAQ)
- Winter Driving (Insurance Information Institute)
- Your Car has been Stolen: Now What? (Allstate)
- Tools for Teen Driving Safety (State Farm)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)