You have most likely seen the captivating ads from companies like The General, Nationwide, and Liberty Mutual that make claims of dirt cheap rates, so you should just select the one with the best jingle, right?
That is not the case, however, as there are a lot of unknown elements such as if you are a homeowner or renter, if you are a man or woman, if you have any driving citations, and your financial responsibility. We will attempt to cover the different ways you can keep rates low and hopefully give you enough understanding to have some help in finding cheaper rates.
Trying to buy low-priced insurance is not the easiest thing to do, and figuring out which companies quote the cheapest auto insurance rates for felons requires even more work. Every auto insurer has their own guidelines to determine premium rates, so we’ll go over the most affordable auto insurance companies in Indiana.
It’s a good idea to know that Indianapolis, IN auto insurance rates are calculated based on many things which can significantly increase or decrease the price of coverage. This price variability is why it is crucial to do a thorough rate comparison to get the lowest insurance rates for felons. Insurance prices are made up of many risk factors and can decrease or increase without notice, so the lowest-price company the last time you compared rates may now be an over-priced policy.
Best Car Insurance Prices for Felons
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $620 |
| 2 | USAA | $661 |
| 3 | Cincinnati Insurance | $664 |
| 4 | Erie | $733 |
| 5 | Western Reserve | $864 |
| 6 | Indiana Farmers Mutual | $875 |
| 7 | Auto-Owners | $879 |
| 8 | The Hartford | $881 |
| 9 | Nationwide | $958 |
| 10 | Safeco | $973 |
| 11 | Motorists Mutual | $986 |
| 12 | Utica National | $995 |
| 13 | State Farm | $997 |
| 14 | Hastings Mutual | $1,013 |
| 15 | Farmers | $1,033 |
| 16 | Westfield | $1,072 |
| 17 | Wolverine Mutual | $1,094 |
| 18 | Progressive | $1,106 |
| 19 | State Auto | $1,131 |
| 20 | GEICO | $1,133 |
| Quote Your Rates Go | ||
Travelers may offer some of the best car insurance rates in Indianapolis at around $620 per year. USAA, Cincinnati Insurance, Erie, and Western Reserve also are some of the lowest-priced Indianapolis, IN insurance companies.
As shown in the table above, if you have coverage with Western Reserve and switched to USAA, you could see yearly savings of in the vicinity of $203. Indiana drivers with Indiana Farmers Mutual could save as much as $214 a year, and Auto-Owners insureds might realize rate reductions of up to $218 a year.
To discover how much you can save, click here to get quotes or visit any of the companies below.
Bear in mind that those premium estimates are averages across all insureds and vehicles and and are not calculated with an exact zip code location for felons. So the auto insurance company that can offer you the best price may not even be in the top 36 companies shown above. That underscores the importance of why you need to get rate quotes using your own personal information and vehicle type.
The type of vehicle that needs insurance is one of the largest considerations when shopping around for affordable car insurance for felons. Vehicles with average performance, modern passenger safety features, or a low likelihood of liability claims will cost less to insure than higher performance models. The data below outlines car insurance prices for a handful of the cheapest automobiles to insure in Indiana.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $1,038 |
| Toyota Prius | $1,151 |
| Chevrolet Impala LS | $1,202 |
| Honda CR-V EX-L 2WD | $1,216 |
| Toyota Camry LE | $1,225 |
| Ford F-150 SVT Raptor Super Cab 4WD | $1,251 |
| Honda Civic LX-S 4-Dr Sedan | $1,267 |
| Ford Focus SES 4-Dr Sedan | $1,274 |
| Honda Accord LX-P 4-Dr Sedan | $1,272 |
| Ford Edge Sport 2WD | $1,290 |
| Honda Odyssey EX-L W/Navigation | $1,296 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $1,306 |
| Volkswagen Jetta SEL 4-Dr Sedan | $1,315 |
| Ford Fusion Sport 4-Dr Sedan | $1,320 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,318 |
| Dodge Grand Caravan SE | $1,334 |
| GMC Sierra 3500HD SLE Regular Cab 2WD | $1,339 |
| Toyota RAV4 4WD | $1,408 |
| Chevrolet Equinox LS 2WD | $1,413 |
| Jeep Grand Cherokee Laredo 4WD | $1,408 |
| Chevrolet Malibu LS | $1,417 |
| Dodge Ram 3500 Crew Cab SLT 2WD | $1,424 |
| Ford Explorer XLT 4WD | $1,429 |
| Start a Quote Go | |
Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Table data does not factor in the specific area where the vehicle is garaged which can modify auto insurance rates noticeably.
Looking at the data, you can presume that models like the Ford Escape, Toyota Prius, and Chevrolet Impala are most likely to be some of the cheaper vehicles to insure for felons.
One of the many components that are looked at to help calculate the amount you pay for auto insurance is where you keep your car. Areas with more people or even just a higher incidence of claims will most likely have higher rates, whereas areas with less people or fewer weather incidents can boast about having cheaper rates.
The following table shows the most expensive areas in Indiana for felons to buy an auto insurance policy in. Indianapolis ranks #7 with the yearly price of $1,050 for the average policy, which is about $88 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Gary | $1,401 |
| 2 | Hammond | $1,314 |
| 3 | Merrillville | $1,106 |
| 4 | Portage | $1,093 |
| 5 | New Albany | $1,059 |
| 6 | Lawrence | $1,055 |
| 7 | Indianapolis | $1,050 |
| 8 | Jeffersonville | $1,048 |
| 9 | Evansville | $1,045 |
| 10 | Terre Haute | $1,045 |
| 11 | Kokomo | $1,011 |
| 12 | Anderson | $1,011 |
| 13 | South Bend | $985 |
| 14 | Fort Wayne | $985 |
| 15 | Bloomington | $968 |
| 16 | Mishawaka | $965 |
| 17 | Greenwood | $960 |
| 18 | Noblesville | $958 |
| 19 | Elkhart | $956 |
| 20 | Carmel | $947 |
| Start a Quote Go | ||
Rates are comparative as the vehicle garaging location can impact prices significantly.
Ending up with the right car insurance provider is hard considering how many companies provide coverage in Indianapolis. The ranking data in the lists below can help you decide which insurers to look at purchasing a policy from.
The rankings below are for companies with a national presence, so companies that may only write in Indiana are not factored into the list. To check prices and find the cheapest rates for felons, just click here.
| 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 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Liability-only versus full coverage
Paying less for auto insurance is important to most drivers, and one common way to find cheaper insurance for felons is to only buy liability insurance. The illustration below shows the comparison of yearly insurance costs with liability coverage only compared to full coverage. The data is based on no claims or driving violations, $250 deductibles, drivers are not married, and no discounts are taken into consideration.
If we average all the age groups together, comp and collision coverage costs an extra $1,975 per year more than carrying just liability coverage. That is a big expense that brings up the question if paying for full coverage is a waste of money. There is no exact rule to exclude physical damage coverage on your policy, but there is a general convention. If the yearly cost of full coverage is more than 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.
How to find the cheapest insurance for felons
It’s not impossible to find cheaper rates, and here are some penny-pinching solutions that can help Indiana drivers get low-cost car insurance.
- Accident-free drivers may qualify for discounts
- Get cheaper liability coverage by choosing a safer vehicle
- Pay lower rates with good credit
- Increase deductibles to save money
- Save money by observing traffic laws and speed limits
- Shop your coverage around for the best deal
The last tip is particularly necessary, as we discussed in the prior article. Auto insurance rates in Indianapolis can be adjusted at any time, so don’t be tentative to switch carriers if you can find a cheaper rate. Having a favorite company is fine, but it’s not a good idea if your bullheadedness ends up costing you lots of hard earned cash every month. Now is a great time to compare rates to find cheaper insurance for felons.
The agents below can provide answers to your questions and help you determine which insurance coverage will be best for you, since many consumers aren’t sure which coverage to buy and prefer to have a little guidance when buying car insurance for felons. It’s not always simple to find the best rates on your own, so getting advice from a licensed agent can provide you comfort knowing your coverage gives you adequate protection. To find an Indianapolis insurance agent using an interactive map, click the button below the list or click here to compare rates now.
State Farm: Rahvy Murray
3955 Eagle Creek Pkwy E – Indianapolis, IN 46254 – (317) 297-3804
A1 Insurance
4030 S Emerson Ave E – Indianapolis, IN 46203 – (317) 787-4995
Frances Johnson – State Farm Insurance Agent
5707 N Michigan Rd – Indianapolis, IN 46228 – (317) 257-3504
Jim Crinklaw – State Farm Insurance Agent
9423 Pendleton Pike – Indianapolis, IN 46236 – (317) 897-6129
Haleh Krauter – State Farm Insurance Agent
11204 Fall Creek Rd – Indianapolis, IN 46256 – (317) 849-9996