Buying reasonably-priced auto insurance is not the easiest thing to accomplish, and determining which insurers offer the most affordable car insurance rates for postal workers involves more quotes for comparison.
Every car insurance company has a proprietary formula for setting prices, so let’s take a look at the car insurance companies with the most affordable rates in Indianapolis.
Cheap Insurance Rates for USPS Employees
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $614 |
| 2 | Cincinnati Insurance | $664 |
| 3 | USAA | $687 |
| 4 | Erie | $705 |
| 5 | Western Reserve | $838 |
| 6 | Indiana Farmers Mutual | $841 |
| 7 | The Hartford | $863 |
| 8 | Auto-Owners | $915 |
| 9 | Nationwide | $968 |
| 10 | Hastings Mutual | $973 |
| 11 | State Farm | $987 |
| 12 | Utica National | $995 |
| 13 | Motorists Mutual | $996 |
| 14 | Safeco | $1,003 |
| 15 | Farmers | $1,053 |
| 16 | Wolverine Mutual | $1,061 |
| 17 | Westfield | $1,072 |
| 18 | State Auto | $1,098 |
| 19 | GEICO | $1,122 |
| 20 | Progressive | $1,128 |
| Find Cheaper Rates Go | ||
Travelers has some of the best car insurance rates in Indianapolis at around $614 annually. This is $626 less than the average premium paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve would also make the list of some of the more affordable Indianapolis, IN car insurance companies.
As shown in the table above, if you have coverage with Western Reserve and switched to Cincinnati Insurance, you may see an annual savings of around $174. Indiana drivers with Indiana Farmers Mutual may save as much as $177 a year, and The Hartford insureds might reduce prices by as much as $199 a year.
To see if you’re overpaying, click here to get a free quote or click several companies below for low rates.
Bear in mind that those policy rates are averages across all drivers and vehicles in Indiana and and are not figured with a specific vehicle garaging location for postal workers. So the car insurance company that can offer the best rates for your situation may not even be in the list above. That’s why you need to compare rates from as many companies as possible using your own driver and vehicle profiles.
The car, truck, or SUV to be insured is one of the largest factors when comparing quotes for the best coverage for postal workers. Vehicles with more horsepower, a lack of advanced safety features, or an increased likelihood of liability claims will cost substantially more to insure than safer, lower-performance models. The table below estimates car insurance premiums for a selection of the most cost-effective automobiles to insure in Indiana.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Chevrolet Equinox LS AWD | $1,356 |
| GMC Sierra SLE Regular Cab 2WD | $1,364 |
| Chevrolet Impala LT | $1,356 |
| Jeep Grand Cherokee Laredo 4WD | $1,363 |
| Ford Explorer Eddie Bauer AWD | $1,382 |
| Honda Accord EX-L 4-Dr Sedan | $1,421 |
| Toyota Corolla LE | $1,426 |
| Honda CR-V EX 4WD | $1,441 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $1,443 |
| Toyota Prius | $1,450 |
| Ford Fusion SEL 4-Dr Sedan | $1,453 |
| Dodge Grand Caravan SE | $1,472 |
| Dodge Ram Quad Cab ST 4WD | $1,479 |
| Honda Civic DX 4-Dr Sedan | $1,526 |
| Ford Focus S 4-Dr Sedan | $1,535 |
| Compare Cheap Rates Go | |
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rate quotes do not factor in specific location information which can increase or decrease insurance rates noticeably.
Based upon these rates, models like the Chevrolet Equinox, GMC Sierra, Chevrolet Impala, Jeep Grand Cherokee, and Ford Explorer will be a few of the cheapest vehicles to insure for postal employees.
For postal employees, one of the more important things that aid in calculating the amount you pay for auto insurance is the neighborhood you call home in Indianapolis. Cities with larger populations or higher claim trends tend to have more expensive auto insurance rates, whereas areas with lower vehicle theft rates and fewer weather claims get the luxury of paying less.
The table below lists the most expensive places in Indiana for postal workers to buy an auto insurance policy in. Indianapolis comes in at #5 with an annual premium of $1,092 for the average insurance policy, which is around $91 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Gary | $1,401 |
| 2 | Hammond | $1,314 |
| 3 | Merrillville | $1,106 |
| 4 | Portage | $1,104 |
| 5 | Indianapolis | $1,092 |
| 6 | Lawrence | $1,088 |
| 7 | New Albany | $1,059 |
| 8 | Evansville | $1,055 |
| 9 | Jeffersonville | $1,038 |
| 10 | Terre Haute | $1,035 |
| 11 | Anderson | $1,011 |
| 12 | Kokomo | $1,001 |
| 13 | Bloomington | $998 |
| 14 | Elkhart | $985 |
| 15 | Columbus | $984 |
| 16 | Mishawaka | $974 |
| 17 | Richmond | $964 |
| 18 | Greenwood | $960 |
| 19 | Carmel | $957 |
| 20 | South Bend | $956 |
| Find Cheaper Insurance Go | ||
Premium amounts are comparative as specific location information can revise rates noticeably.
Full coverage rates vs. liability-only in Indianapolis
Paying a lower price for car insurance is important to most vehicle owners, and one great way to pay lower rates for insurance for postal workers is to buy only liability coverage. The illustration below visualizes the comparison of insurance costs with full coverage and liability only. Data assumes no claims or driving violations, $250 deductibles, drivers are not married, and no discounts are applied to the premium.
If we average all the age groups together, physical damage coverage on your policy costs an extra $1,480 per year over and above liability only. That may make you wonder when is the right time to remove full coverage. There is no written rule to stop buying full coverage, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.
Choosing the highest-rated car insurance company is hard considering how many different companies there are to choose from in Indianapolis. The company ratings listed below may help you pick which companies to look at when comparing auto insurance rates for postal workers. These rankings are only made up of large insurance companies, so smaller regional companies will not be included in this list.
Top 10 Major Auto Insurance Providers Overall in Indianapolis
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Cautious drivers save money
The ideal way to find good car insurance rates in Indianapolis for postal employees is to be a careful driver and avoid accidents and traffic citations. The chart below demonstrates how speeding tickets and fender-benders can increase yearly insurance costs for each different age category. The data is based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are taken into consideration.
The data in the chart shows the average cost of a car insurance policy in Indianapolis per year with no violations or accidents is $1,221. Get written up for one speeding ticket and the average cost swells to $1,384, an increase of $163 each year. Now add one accident along with the one speeding ticket and the annual cost of car insurance for postal workers goes up to an average of $1,838. That’s an increase of $617, or $51 per month, just for not being a responsible driver!
The insurance agents in Indianapolis listed below can most likely help you decide which coverage meets your needs best, as many consumers aren’t sure which coverage to buy and prefer to have a little guidance when comparing insurance rates for postal workers. It’s not always easy to find the best coverage yourself, and getting advice from a licensed Indiana insurance agent can give you satisfaction knowing your coverage gives you sufficient protection if you have a claim.
To locate an Indianapolis car insurance agency close to you, click the link after the list.
Indiana State Agency
2425 N Meridian St – Indianapolis, IN 46208 – (317) 923-7722
Jerry Ortner – State Farm Insurance Agent
7424 Rockville Rd – Indianapolis, IN 46214 – (317) 273-0709
Bob Mercer – State Farm Insurance Agent
6437 Rucker Rd b – Indianapolis, IN 46220 – (317) 253-4300
Affordable Insurance Agency
10 S Mickley Ave – Indianapolis, IN 46241 – (317) 484-9195
Walker and Associates Insurance Agency
7364 E Washington St – Indianapolis, IN 46219 – (317) 353-8000