The words “affordable” and “insurance” probably shouldn’t be used in the same sentence, in particular when you are shopping around for the best car insurance for single moms. To help control this cost, let’s teach you a few of the things that significantly impact auto insurance premiums, and see how we can help you lower the cost of your next policy.
Finding reliable, cheap car insurance is easier said than done, and deciding which companies offer the cheapest car insurance rates for single moms requires additional perseverance.
Each insurance company uses their own calculation for filing rates in each state, so first we will examine the lowest cost car insurance companies in Indianapolis. Keep in mind that Indiana car insurance rates are influenced by many factors which can substantially decrease or increase the price of your policy. That is why consumers need to compare as many rates as possible when trying to find the most economical car insurance rates for single moms. Insurance rates consist of many factors and can increase or decrease at any time, so the best company a year ago may now cost much more than other companies.
Find the Best Cheap Insurance for Single Moms
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $602 |
| 2 | USAA | $681 |
| 3 | Cincinnati Insurance | $684 |
| 4 | Erie | $733 |
| 5 | Indiana Farmers Mutual | $841 |
| 6 | The Hartford | $863 |
| 7 | Western Reserve | $864 |
| 8 | Auto-Owners | $906 |
| 9 | Nationwide | $930 |
| 10 | State Farm | $957 |
| 11 | Hastings Mutual | $983 |
| 12 | Motorists Mutual | $986 |
| 13 | Utica National | $995 |
| 14 | Safeco | $1,013 |
| 15 | Farmers | $1,022 |
| 16 | State Auto | $1,087 |
| 17 | Wolverine Mutual | $1,094 |
| 18 | Westfield | $1,105 |
| 19 | GEICO | $1,122 |
| 20 | Celina Insurance | $1,135 |
| Find Cheaper Rates Go | ||
Travelers offers some of the best car insurance rates in Indianapolis at around $602 each year. This is $638 less than the average policy premium paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Indiana Farmers Mutual also make the cut as some of the best Indianapolis, IN insurance companies.
As the rates illustrate above, if you are a policyholder with Indiana Farmers Mutual and switched to USAA, you may realize annual savings of around $160. Indiana drivers with The Hartford could save as much as $182 a year, and Western Reserve customers might lower prices by $183 a year.
It’s important to note that these estimates are averages for all ages of drivers and types of vehicles and do not take into consideration a vehicle location for single moms. So the company that fits your needs best may not even be in the top 36 companies in the list above. That is why you need to compare as many prices as possible using your own personalized driver profile and vehicle information.
The make and model of vehicle that is being insured is one of the primary factors in finding cheap coverage for single moms. Vehicles with reasonable performance levels, excellent safety ratings, or a low likelihood of having liability claims will cost less to insure than high performance models. The next list features insurance rates for a handful of the most economical vehicles to insure in Indiana.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $1,168 |
| Ford F-150 STX Super Cab 2WD | $1,283 |
| Toyota Prius | $1,296 |
| Hyundai Elantra Blue 4-Dr Sedan | $1,428 |
| Toyota Camry XLE | $1,455 |
| Toyota Corolla S | $1,461 |
| Ford Escape XLT 4WD | $1,467 |
| Ford Edge SE 2WD | $1,475 |
| Nissan Rogue SL 2WD | $1,482 |
| Kia Optima LX | $1,492 |
| GMC Sierra 2500HD SLE Crew Cab 4WD | $1,482 |
| Ford Fusion Sport 4-Dr Sedan | $1,487 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $1,573 |
| GMC Sierra SLT Crew Cab 4WD | $1,580 |
| Chevrolet Silverado LTZ Crew Cab 2WD | $1,587 |
| Toyota Camry Hybrid | $1,580 |
| Chevrolet Malibu Hybrid | $1,588 |
| Volkswagen Jetta LE 4-Dr Sedan | $1,595 |
| Dodge Grand Caravan Hero | $1,588 |
| Dodge Ram Crew Cab Sport 4WD | $1,607 |
| Ford Focus SES 4-Dr Sedan | $1,642 |
| Toyota RAV4 4WD | $1,698 |
| Chevrolet Equinox LT AWD | $1,703 |
| Find Cheaper Rates Go | |
Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Table data does not factor in garaging location in Indianapolis, IN which can impact price quotes greatly.
Looking at the numbers, makes and models like the Honda CR-V, Ford F-150, and Toyota Prius are going to be a few of the most affordable vehicles to insure for single parents.
For single parents, one of the big criteria that are looked at to determine the price you pay for insurance is where you keep your vehicle in Indianapolis. Areas with high crime rates or more dense population tend to have more expensive auto insurance rates, whereas more rural areas tend to receive cheaper rates.
The next table shows the most expensive areas in Indiana for single moms to purchase auto insurance in. Indianapolis is ranked #7 with a yearly cost of $1,060 for car insurance, which is about $88 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Gary | $1,388 |
| 2 | Hammond | $1,327 |
| 3 | Portage | $1,126 |
| 4 | Merrillville | $1,106 |
| 5 | Jeffersonville | $1,070 |
| 6 | New Albany | $1,070 |
| 7 | Indianapolis | $1,060 |
| 8 | Evansville | $1,055 |
| 9 | Lawrence | $1,055 |
| 10 | Terre Haute | $1,045 |
| 11 | Kokomo | $1,031 |
| 12 | Anderson | $1,001 |
| 13 | Bloomington | $998 |
| 14 | Columbus | $984 |
| 15 | Fort Wayne | $976 |
| 16 | Mishawaka | $974 |
| 17 | Fishers | $974 |
| 18 | Richmond | $973 |
| 19 | Greenwood | $969 |
| 20 | Carmel | $957 |
| 21 | Elkhart | $956 |
| 22 | South Bend | $947 |
| 23 | Muncie | $927 |
| 24 | Noblesville | $920 |
| 25 | Lafayette | $917 |
| Find Cheaper Rates Go | ||
Annual rates are estimated as the specific area where the vehicle is garaged can revise premiums greatly.
The information below shows how choosing a deductible can affect insurance prices when searching for cheap insurance for single moms. The rates are based on a single female driver, full physical damage coverage, and no policy discounts are applied.
As shown above, a 30-year-old driver could lower rates by $344 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $516 by choosing a $1,000 deductible. Youthful drivers, like the Age 20 chart data, can save as much as $772 annually by choosing larger deductibles on their policy. When using a larger deductible, it’s a good idea to have enough savings to allow you to cover the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Ending up with a good quality auto insurance company can be difficult considering how many companies are available to choose from in Indianapolis. The rank data displayed below can help you pick which auto insurance companies you want to consider comparing rates with. These rankings are only comprised of companies with a national presence, so companies that only write business in Indiana or surrounding areas are not factored into these rankings.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Get discounts on Indianapolis insurance
Insurers that offer coverage for single moms may also provide policy discounts that may potentially lower prices by as much as 40% or more if you qualify. A list of companies and their possible discounts can be read below.
- State Farm discounts include defensive driving training, Steer Clear safe driver discount, anti-theft, accident-free, safe vehicle, and Drive Safe & Save.
- Progressive has discounts for online quote discount, online signing, multi-vehicle, good student, and homeowner.
- Travelers policyholders can earn discounts including multi-car, payment discounts, IntelliDrive, hybrid/electric vehicle, home ownership, and continuous insurance.
- American Family includes discounts for good driver, TimeAway discount, early bird, Steer into Savings, and good student.
- Liberty Mutual may have discounts that include new vehicle discount, multi-car, new move discount, safety features, and multi-policy.
The information below compares car insurance costs with and without discounts applied. Data assumes a female driver, a clean driving record, no at-fault accidents, Indiana state minimum liability limits, full physical damage coverage, and $500 deductibles.
The first bar for each age group shows the price with no discounts. The second shows the rates with marriage, multiple policy, homeowner, passive restraint, multiple vehicle, and anti-theft discounts applied. When these discounts are applied to the policy premium, theaverage yearly reduction on car insurance for single moms is 28% or $470.
The insurance agencies listed below are willing to answer your questions and help you decide which coverages you need, as many people would rather get help from a professional when buying car insurance for single parents. It can be hard to find the cheapest car insurance policy, and agents can provide comfort knowing your coverage gives you decent coverage if you have a claim. To find an agent close to you, click the link after the list or click here to get price quotes now.
Scott Nichols – State Farm Insurance Agent
7022 W 10th St b – Indianapolis, IN 46214 – (317) 243-3509
Indiana Auto Insurance Group
201 N Illinois St – Indianapolis, IN 46204 – (317) 641-4572
Bill Hill – State Farm Insurance Agent
7423 E 82nd St – Indianapolis, IN 46256 – (317) 849-4119