Really, the only way to find affordable quotes for auto insurance rates is to regularly compare price quotes from companies in Indianapolis.
First, try to learn about the coverage provided by your policy and the changes you can make to prevent expensive coverage. Many rating factors that result in higher prices like careless driving and a substandard credit history can be rectified by paying attention to minor details.
Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from one company like Progressive or Farmers Insurance, while agents who are independent can give you price quotes from many different companies. View a list of agents
Third, compare the new quotes to your current policy to see if a cheaper rate is available in Indianapolis. If you can save money, make sure there is no coverage gap between policies.
One piece of advice is to make sure you’re comparing identical coverage information on each quote and and to get price estimates from every insurance company. This provides a fair rate comparison and a complete price analysis.
It’s easy to assume that auto insurance companies want to prevent you from shopping around. People who compare other prices will most likely switch auto insurance companies because they have a good chance of finding coverage at a more affordable price. A recent survey discovered that consumers who made a habit of comparing rates saved about $865 annually compared to other drivers who didn’t regularly shop around.
If saving money on auto insurance in Indianapolis is your target objective, then having some insight into how to find and compare insurance can help you succeed in saving money.
Finding and comparing affordable coverage in Indianapolis is not as difficult as people think. Just about everyone who is looking for cheaper car insurance most likely will be able to reduce their rates. But Indiana car owners need to learn the methods companies use to price online insurance because it varies considerably.
When comparison shopping, comparing more prices provides better odds of finding better pricing. Not every company provides rate quotes online, so you need to compare price quotes from the smaller companies as well.
The providers in the list below have been selected to offer price comparisons in Indianapolis, IN. If multiple companies are listed, it’s a good idea that you click on several of them to get a more complete price comparison.
Insurance coverage analysis
The rate table shown next highlights different insurance prices for Kia Sportage models. Learning more about how auto insurance premiums are established helps drivers make decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $192 | $330 | $290 | $18 | $86 | $916 | $76 |
| Sportage LX 2WD 4-Dr | $192 | $330 | $290 | $18 | $86 | $916 | $76 |
| Sportage EX 2WD 4-Dr | $220 | $402 | $290 | $18 | $86 | $1,016 | $85 |
| Sportage LX 4WD 4-Dr | $220 | $402 | $290 | $18 | $86 | $1,016 | $85 |
| Sportage LX | $220 | $402 | $290 | $18 | $86 | $1,016 | $85 |
| Sportage EX 4WD 4-Dr | $220 | $402 | $290 | $18 | $86 | $1,016 | $85 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Price estimates do not factor in specific Indianapolis garaging location which can influence price quotes greatly.
Where to set your deductibles
When comparing insurance rates, the most common question is which comprehensive and collision deductibles to buy. The figures shown below determine the differences in price of buying low and high physical damage coverage deductibles. The first rate quote example uses a $100 comprehensive and collision deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $210 | $358 | $280 | $16 | $84 | $973 | $81 |
| Sportage LX 2WD 4-Dr | $210 | $358 | $280 | $16 | $84 | $973 | $81 |
| Sportage EX 2WD 4-Dr | $242 | $436 | $280 | $16 | $84 | $1,083 | $90 |
| Sportage LX 4WD 4-Dr | $242 | $436 | $280 | $16 | $84 | $1,083 | $90 |
| Sportage LX | $242 | $436 | $280 | $16 | $84 | $1,083 | $90 |
| Sportage EX 4WD 4-Dr | $242 | $436 | $280 | $16 | $84 | $1,083 | $90 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $154 | $242 | $280 | $16 | $84 | $776 | $65 |
| Sportage LX 2WD 4-Dr | $154 | $242 | $280 | $16 | $84 | $776 | $65 |
| Sportage EX 2WD 4-Dr | $176 | $294 | $280 | $16 | $84 | $850 | $71 |
| Sportage LX 4WD 4-Dr | $176 | $294 | $280 | $16 | $84 | $850 | $71 |
| Sportage LX | $176 | $294 | $280 | $16 | $84 | $850 | $71 |
| Sportage EX 4WD 4-Dr | $176 | $294 | $280 | $16 | $84 | $850 | $71 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Prices do not factor in vehicle location which can impact premium rates noticeably.
We can derive from the above data that using a $100 deductible would cost the average driver about $18 more each month or $216 for a full year than quoting the higher $500 deductible. Because you would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at least 22 months between claims, you would probably come out ahead by going with a higher deductible.
How to determine when to raise your deductibles
| Average monthly premium for $100 deductibles: | $87 |
| Average monthly premium for $500 deductibles (subtract): | – $69 |
| Monthly savings from raising deductible: | $18 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $18 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 22 months |
Gender-based insurance rates by age in Indianapolis
The chart below shows the difference between Kia Sportage insurance prices for male and female drivers. The price estimates are based on no violations or claims, full physical damage coverage, $100 deductibles, single status, and no additional discounts are factored in.
Buying auto insurance from Indianapolis car insurance agents
Some consumers just want to go talk to an agent and that can be a great decision A good thing about comparing rates online is you can get cheap auto insurance rates and also buy local. And supporting local insurance agents is especially important in Indianapolis.
For easy comparison, once you complete this simple form, your insurance coverage information is sent to companies in Indianapolis that can give you free Indianapolis car insurance quotes for your auto insurance coverage. You don’t have to leave your house because quoted prices will be sent immediately to you. You can get cheaper auto insurance rates without having to waste a lot of time. If you wish to compare prices from a particular provider, you can always go to their quote page and fill out the quote form the provide.
If you prefer to buy auto insurance from local Indianapolis agents, you must know there are a couple different agency structures that you can choose from. Insurance agencies in Indianapolis can be categorized as either independent agents or exclusive agents depending on their employer.
Independent Auto Insurance Agents (or Brokers)
Agents in the independent channel do not write with just one company so they can quote policies with lots of companies enabling the ability to shop coverage around. If you want to switch companies, they simply move the coverage in-house which is easy for the insured.
When searching for an agent, you absolutely need to contact at a minimum one independent agency for the best price selection.
Shown below are Indianapolis independent agencies that can possibly get you free rate quotes.
Owens Insurance Agency
N Alabama St #350 – Indianapolis, IN 46204 – (317) 572-8080 – View Map
Shepherd Insurance and Financial Services
111 Congressional Blvd Suite 100 – Carmel, IN 46032 – (317) 846-5554 – View Map
Indiana Auto Insurance Group
201 N Illinois St – Indianapolis, IN 46204 – (317) 641-4572 – View Map
Exclusive Auto Insurance Agencies
Agents of this type write business for a single company and examples are American Family, State Farm, and Allstate. Exclusive agents cannot provide other company’s prices so you might not find the best rates. Exclusive insurance agents are highly trained on their products and sales techniques which helps overcome the inability to quote other rates.
The following is a list of exclusive insurance agencies in Indianapolis willing to provide comparison quotes.
Elizabeth Marshall – State Farm Insurance Agent
6124 N College Ave – Indianapolis, IN 46220 – (317) 255-2700 – View Map
Sarah Holtrup – State Farm Insurance Agent
1480 W Southport Rd c – Indianapolis, IN 46217 – (317) 888-5200 – View Map
Leland Brown Sr. – State Farm Insurance Agent
5936 N Keystone Ave #201 – Indianapolis, IN 46220 – (317) 251-1400 – View Map
Deciding on a insurance agent should depend on more than just the quoted price. These questions are important to ask:
- Will you work with the agent or an assistant?
- What is their Better Business Bureau rating?
- What is the financial rating for the quoted company?
- Which insurance companies are they affiliated with?
- Is vehicle damage repaired with OEM or aftermarket parts?
Once you have reasonable responses to any questions you may have as well as a price you’re happy with, you’ve probably found an insurance agency that will adequately provide auto insurance. It’s important to know that you are able to terminate your policy at any time so never feel that you’re stuck with a specific agent for a certain time period.