Cheapest Quotes for Ford Taurus Insurance in Indianapolis

If you want to find the absolute lowest rates, then the best way to get affordable Ford Taurus insurance is to compare quotes annually from insurance carriers who sell auto insurance in Indianapolis. Drivers can shop around by completing these steps.

• First, try to learn about how companies price auto insurance and the measures you can take to keep rates in check. Many risk factors that cause rate increases such as at-fault accidents and a substandard credit history can be controlled by making minor changes to your lifestyle.
• Second, quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like Progressive or Allstate, while independent agents can provide prices for a wide range of insurance providers.
• Third, compare the new rate quotes to the premium of your current policy to determine if switching companies saves money. If you find a lower rate, make sure there is no lapse in coverage.

One thing to point out is to use the same coverage limits and deductibles on each quote request and and to look at as many different insurance providers as possible. Doing this ensures an accurate price comparison and many rates to choose from.

Unthinkable but true, most consumers have bought insurance from the same company for well over three years, and nearly 40% of drivers have never shopped around. Drivers in Indianapolis can save hundreds of dollars each year by just comparing rate quotes, but they feel it’s too difficult to compare other rate quotes.

When comparison shopping, there are several ways of comparing price quotes from local Indianapolis insurance companies. The fastest way to do a complete rate comparison is to get quotes online.

It’s so easy to compare rates online that it replaces the need to waste gas driving to and from local Indianapolis insurance agencies. Quoting and buying Ford Taurus insurance online has made agencies unnecessary unless you require the advice and guidance that can only be provided by a licensed insurance agent. Some companies do allow you to get the lowest quotes online but buy from a local insurance agent. Just remember that comparing more prices increases your odds of finding a lower rate than you’re paying now.

The companies shown below offer comparison quotes in Indiana. If the list has multiple companies, it’s a good idea that you visit two to three different companies in order to get a fair rate comparison.

Ford Taurus coverage statistics

The table below showcases a range of coverage prices for Ford Taurus models. Learning a little about how auto insurance prices are calculated can assist in making smart choices when choosing a car insurance company.

Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Price estimates do not factor in garaging location in Indianapolis which can increase or decrease auto insurance rates significantly.

Car insurance deductibles

The hardest decision when buying coverage is how high or low should comp and collision deductibles be. The following insurance rates can help illustrate the cost difference of buying low and high insurance deductibles. The first price estimate table uses a $100 deductible and the second rate chart uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Rate quotes do not factor in specific Indianapolis garaging location which can decrease or increase coverage rates noticeably.

Based on these figures, using a $100 deductible would cost the average driver about $34 more each month or $408 each year than buying the higher $1,000 deductible. Because you would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 26 months between claim filings, you would come out ahead by selecting a higher deductible.

One important caveat is that increasing deductibles to lower your rates results in more money out-of-pocket when you have a claim. That will require enough money in the bank in the event you need to pay the higher deductible in order to repair your vehicle.

How violations and accidents impact rates

The example below shows how violations and at-fault fender-benders can increase Ford Taurus annual premium costs for each age group. The data is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are taken into consideration.

Car insurance cost for men versus women in Indianapolis

The chart below shows the comparison of Ford Taurus yearly insurance costs for male and female drivers. The price estimates are based on no claims or violations, full physical damage coverage, $1,000 deductibles, single marital status, and no policy discounts are applied.

Insurance does more than just protect your car

Despite the high insurance cost for a Ford Taurus in Indianapolis, buying insurance may be required and benefits you in several ways.

• Most states have minimum liability requirements which means it is punishable by state law to not carry a minimum amount of liability insurance in order to get the vehicle licensed. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a loan on your Taurus, most lenders will have a requirement that you have insurance to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the bank may insure your Ford at an extremely high rate and force you to reimburse them much more than you were paying before.
• Insurance preserves both your assets and your vehicle. Insurance will pay for most medical and hospital costs for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney in the event you are sued. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.

The benefits of carrying adequate insurance definitely exceed the price paid, particularly if you ever have a claim. The average driver in Indiana is wasting up to $865 each year so you should quote your policy with other companies at every renewal to make sure the price is not too high.

Determine discounts on Indianapolis car insurance

Buying car insurance is not cheap, but there could be significant discounts that may help make it more affordable. A few discounts will be applied when you get a quote, but a few must be specifically requested before you get the savings. If they aren’t giving you every credit available, you are just wasting money.

• Paperless Signup – A handful of companies provide a small discount shop Indianapolis car insurance on the internet.
• Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
• Cautious Drivers – Safe drivers can save as much as half off their rates than their less cautious counterparts.
• Student in College – Children who live away from home at college and do not have a car can be insured at a reduced rate.
• Passive Restraints and Air Bags – Factory options such as air bags can qualify for discounts of 20 to 30 percent.

A little disclaimer on discounts, many deductions do not apply to the entire cost. A few only apply to specific coverage prices like comp or med pay. So despite the fact that it appears it’s possible to get free car insurance, companies don’t profit that way.

The example below visualizes the comparison of Ford Taurus auto insurance rates with and without discounts applied. The prices are based on a male driver, no accidents, no driving violations, Indiana state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, multi-car, multi-policy, homeowner, and marriage discounts applied.

A few popular companies and a selection of discounts can be found below.

• Mercury Insurance policyholders can earn discounts including ease of repair, age of vehicle, type of vehicle, good driver, location of vehicle, and accident-free.
• Farmers Insurance has discounts for early shopping, good student, youthful driver, multi-car, and alternative fuel.
• Farm Bureau may have discounts that include safe driver, renewal discount, driver training, multi-policy, good student, youthful driver, and 55 and retired.
• State Farm has savings for accident-free, Drive Safe & Save, passive restraint, driver’s education, Steer Clear safe driver discount, multiple autos, and good student.
• Allstate offers discounts including anti-lock brakes, eSmart discount, FullPay discount, anti-theft, EZ pay plan discount, and utility vehicle.
• GEICO offers discounts for multi-policy, air bags, good student, driver training, and emergency military deployment.

If you want the cheapest Ford Taurus rate quotes, ask every prospective company which discounts you may be entitled to. Some discounts might not be available to policyholders in your area. If you would like to see a list of insurance companies that offer many of these discounts in Indianapolis, click here.

When to have guidance from an insurance agent

A small number of people just want to sit down with an agent and there is nothing wrong with that. The best thing about comparing insurance online is that drivers can save money and get lower rates and also buy local. Putting coverage with neighborhood insurance agencies is still important in Indianapolis.

Once you complete this form (opens in new window), the coverage information is instantly submitted to local insurance agents who will gladly provide quotes for your coverage. You don’t have to even leave your home as quotes are delivered instantly to you. Get lower rates without a big time investment. If you need to compare rates for a specific company, just search and find their rate quote page and complete a quote there.

If you prefer to buy insurance from a local insurance agency, you must know there are a couple different agency structures that you can select. Agencies in Indianapolis can be described as either exclusive or independent agents depending on their company appointments.

Independent Agencies or Brokers

Agents that elect to be independent are not restricted to one company and that enables them to quote your coverage with any number of different companies and find you the best rates. If premiums increase, your policy is moved internally and you stay with the same agent.

If you are comparing rate quotes, you definitely need to get insurance quotes from several independent insurance agents for maximum quote selection.

Below is a partial list of independent agencies in Indianapolis who can help you get free insurance rate quotes.

View more Indianapolis agents

Exclusive Insurance Agencies

Agents that elect to be exclusive are contracted to one company such as Farmers Insurance or State Farm. They generally cannot provide rate quotes from other companies so they have to upsell other benefits. These agents are very knowledgeable on sales techniques which helps overcome the inability to quote other rates.

Shown below is a short list of exclusive agents in Indianapolis that can give you rate quotes.

View more Indianapolis agents

Finding the right car insurance agent is decision based upon more than just a cheap quote. Get answers to these questions too.

• When do they do policy reviews?
• What insurance companies do they work with in Indianapolis?
• How long have they been in business?
• What insurance company do they write the most business with?
• Do they have 24-hour customer assistance?
• Is the agent properly licensed in Indiana?

After getting good responses for all questions you ask and an affordable coverage quote, it’s possible that you found a car insurance agent that will provide insurance coverage.

What is the best insurance coverage?

When it comes to insurance from an agent or online for your vehicles, there is no one-size-fits-all type of policy. You are unique and your policy should reflect that.
For instance, these questions can help discover whether you may require specific advice.

• Am I covered if I hit someone who is not insured?
• How can I get my company to pay me more for my totaled car?
• Do I need roadside assistance coverage?
• When should I not file a claim?
• Are all vehicle passengers covered by medical payments coverage?
• What companies insure drivers after a DUI or DWI?
• Can I get a multi-policy discount?
• Am I covered if I hit my neighbor’s mailbox?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Detailed coverages of your insurance policy

Understanding the coverages of your insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are the normal coverages found on the average insurance policy.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for bills such as nursing services, doctor visits, rehabilitation expenses, prosthetic devices and hospital visits. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

UM/UIM Coverage – Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Ford Taurus.

Due to the fact that many Indiana drivers have only the minimum liability required by law (25/50/10 in Indiana), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability coverages – Liability coverage will cover damage that occurs to a person or their property that is your fault. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/10 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $10,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against claims such as repair costs for stationary objects, legal defense fees and court costs. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible. Indiana requires drivers to carry at least 25/50/10 but you should consider buying more coverage.

The illustration below demonstrates why buying the state minimum limits may not be enough coverage.

Collision coverage – This coverage pays for damage to your Taurus caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as damaging your car on a curb, backing into a parked car, colliding with a tree, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. It’s also possible to increase the deductible on your Taurus to bring the cost down.

Comprehensive or Other Than Collision – This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like vandalism, damage from getting keyed, damage from a tornado or hurricane and hitting a bird. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Be persistent and save

While you’re price shopping online, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced collision coverage only to discover later that it was a big error on their part. Your objective should be to buy a smart amount of coverage at the best price while still protecting your assets.

Lower-priced car insurance in Indianapolis is definitely available online as well as from insurance agents, so you need to shop Indianapolis car insurance with both to have the best chance of lowering rates. A few companies may not offer rate quotes online and many times these small, regional companies work with independent agents.

Other resources

• Keeping Children Safe in Crashes Video (iihs.org)
• Who Has the Cheapest Indianapolis Auto Insurance for a Ford F-150? (FAQ)
• Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
• Crash Avoidance Technologies FAQ (iihs.org)