Deciding which company quotes the most affordable insurance rates for state employees calls for a little more work in order to find the lowest price quote.
Every auto insurer has their own process to determine rates, so let’s take a look at the insurance companies that tend to be cheaper in Indiana. It’s important that you understand Indiana insurance rates are based on many factors that will increase or decrease the price of your policy. Improving your credit score, buying a different vehicle, or getting a few speeding tickets may cause policy rate changes that can make some companies affordable when they were higher priced.
Best Insurance Companies in Indiana
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $614 |
| 2 | USAA | $667 |
| 3 | Cincinnati Insurance | $684 |
| 4 | Erie | $726 |
| 5 | Indiana Farmers Mutual | $841 |
| 6 | Western Reserve | $864 |
| 7 | The Hartford | $881 |
| 8 | Auto-Owners | $888 |
| 9 | Utica National | $956 |
| 10 | Nationwide | $968 |
| 11 | Safeco | $983 |
| 12 | Motorists Mutual | $996 |
| 13 | State Farm | $997 |
| 14 | Hastings Mutual | $1,003 |
| 15 | Farmers | $1,033 |
| 16 | Wolverine Mutual | $1,061 |
| 17 | Westfield | $1,072 |
| 18 | State Auto | $1,120 |
| 19 | GEICO | $1,122 |
| 20 | Progressive | $1,139 |
| Quote Your Rates Go | ||
Travelers normally has some of the cheapest car insurance rates in Indianapolis at around $614 a year. USAA, Cincinnati Insurance, Erie, and Indiana Farmers Mutual are also some of the best Indianapolis, IN insurance companies.
As the rates illustrate above, if you have coverage with USAA and switched to Travelers, you might realize a yearly savings of roughly $53. Customers with Cincinnati Insurance may save as much as $70 a year, and Erie policyholders might realize rate reductions of up to $112 a year.
Bear in mind that those rates are averaged for all ages of drivers and types of vehicles and and are not calculated with an exact location for state employees. So the auto insurance company that can offer the best rates for your situation may not even be in the top 36 companies in the list above. That emphasizes why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.
The type of vehicle requiring coverage is one of the biggest factors when shopping for low-priced auto insurance for state employees. Vehicles with limited top-end speed, an excellent safety record, or a track record of few liability claims will cost quite a bit less to insure than higher performance models.
The list below showcases coverage costs for a number of the most cost-effective automobiles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $998 |
| Jeep Wrangler Rubicon 4WD 2-Dr | $1,120 |
| Ford Edge SEL 2WD | $1,159 |
| Ford Escape Limited 2WD | $1,168 |
| Chevrolet Malibu Hybrid | $1,182 |
| GMC Sierra SLE Crew Cab 2WD | $1,192 |
| Dodge Grand Caravan Crew | $1,204 |
| Ford Explorer Eddie Bauer AWD | $1,213 |
| Dodge Ram Quad Cab ST 2WD | $1,204 |
| Honda Accord EX 4-Dr Sedan | $1,222 |
| Honda Odyssey EX-L | $1,243 |
| Toyota Prius | $1,263 |
| Toyota Corolla XRS | $1,265 |
| Nissan Rogue S AWD | $1,271 |
| Honda Civic GX 4-Dr Sedan | $1,304 |
| Find Cheaper Rates Go | |
Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Table data does not factor in specific location information which can increase or decrease coverage rates substantially.
Based on these rates, you can assume that cars like the Honda CR-V, Jeep Wrangler, Ford Edge, Ford Escape, and Chevrolet Malibu are likely to be the more affordable vehicles to insure for state workers.
Finding the highest-rated car insurance provider can be a challenge considering how many different insurance companies sell coverage in Indiana. The information listed below may help you analyze which insurers to look at putting your business with.
These rankings are only made up of companies that insure vehicles across America, so companies that only write business in Indiana or surrounding areas are not factored into this list. To compare prices from the most competitive companies in Indiana, click here.
Top 10 Major Auto Insurance Providers in Indianapolis Ranked by Claims Service
- Progressive
- Travelers
- Liberty Mutual
- Nationwide
- USAA
- GEICO
- AAA Insurance
- Safeco Insurance
- Esurance
- The General
Top 10 Major Auto Insurance Providers in Indianapolis Ranked by Value
- USAA
- GEICO
- AAA Insurance
- Erie Insurance
- State Farm
- Liberty Mutual
- Safeco Insurance
- Allstate
- 21st Century
- Travelers
The example below shows how different deductible levels can impact yearly insurance costs when quoting cheap insurance for state employees. The information is based on a single female driver, comp and collision included, and no other discounts are factored in.
The data above shows that a 30-year-old driver could pocket $354 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $534 by choosing a $1,000 deductible. Even younger drivers, such as the 20-year-old example, could roll back prices as much as $790 every year by selecting a higher deductible.
When using a larger deductible, it is important to have plenty of money set aside to satisfy the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
How to find budget-friendly car insurance for state employees
Lowering your rates is not difficult, and here are many thrifty suggestions that can help you buy low-cost car insurance.
- At-fault accidents will increase rates
- Clean up your credit
- Buying car and homeowners insurance together can save money
- Drive safely
- Increase your deductibles
- Try to remain claim-free
- Compare price quotes at least once a year
The final tip is extremely crucial, as was emphasized in the prior article. Rates can be modified anytime, so don’t be hesitant to switch carriers if you can find a cheaper rate.
Being loyal to a particular company is commendable, but it’s not a good idea if it’s costing you a fortune every year. Now is a great time to compare rates and find cheaper car insurance for state employees in Indianapolis.
If you aren’t sure which coverage to buy and prefer to have some advice when comparing insurance rates for state employees, the insurance agencies below can answer your questions and help you decide which coverage fits your budget. To locate an agency in your neighborhood, click the button at the bottom of the list or click here to compare price quotes now.
State Farm: David R Johnson
4770 S Emerson Ave #J, Indianapolis 46203 – 4770 S Emerson Ave #J, IN 46203 – (317) 782-8858
Indiana Discount Insurance
5502 N Keystone Ave – Indianapolis, IN 46220 – (317) 863-0349
Walker and Associates Insurance Agency
7364 E Washington St – Indianapolis, IN 46219 – (317) 353-8000
Phil Kunkel – State Farm Insurance Agent
5510 S East St d – Indianapolis, IN 46227 – (317) 783-3127