Ideally, we could simply tell you the one company in Fort Wayne that has the best auto insurance prices in Indiana. It’s not quite that easy, unfortunately, as there are a whole bunch of unknown aspects like if you own a home, if you are a man or woman, and if you need full coverage or liability-only. This article will cover the things that influence insurance rates and will hopefully give the reader a good start in finding the cheapest insurance in Fort Wayne.
Figuring out which insurers offer the cheapest car insurance rates for welfare recipients will involve a little more work in order to find the best price. Each auto insurer uses their own formula for determining rates in each state, so we’ll go over the car insurance companies that tend to be cheaper in Indiana.
Find the Cheapest Car Insurance in Indiana
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $596 |
| 2 | USAA | $661 |
| 3 | Cincinnati Insurance | $684 |
| 4 | Erie | $726 |
| 5 | Western Reserve | $838 |
| 6 | Indiana Farmers Mutual | $849 |
| 7 | Auto-Owners | $888 |
| 8 | The Hartford | $889 |
| 9 | State Farm | $957 |
| 10 | Nationwide | $968 |
| 11 | Utica National | $985 |
| 12 | Motorists Mutual | $996 |
| 13 | Safeco | $1,003 |
| 14 | Hastings Mutual | $1,013 |
| 15 | Farmers | $1,022 |
| 16 | Westfield | $1,094 |
| 17 | GEICO | $1,100 |
| 18 | Wolverine Mutual | $1,105 |
| 19 | Progressive | $1,106 |
| 20 | State Auto | $1,131 |
| Find Your Rate Go | ||
Travelers quotes some of the most affordable car insurance rates in Fort Wayne at around $596 per year. USAA, Cincinnati Insurance, Erie, and Western Reserve are also some of the best Fort Wayne, IN insurance companies.
As the example above demonstrates, if you currently have a policy with Erie and switched to USAA, you could realize yearly savings of in the vicinity of $65. Policyholders with Western Reserve could save as much as $177 a year, and Indiana Farmers Mutual insureds might realize rate reductions of up to $188 a year.
To find the cheapest rates for your vehicle, click here to start a quote or click several companies below for low rates.
It’s important to note that these premiums are averages across all drivers and vehicles and and are not figured with a vehicle location for welfare recipients. So the insurer that fits your situation best may not even be in the list above. That illustrates why you need to get quotes using your own driver and vehicle profiles.
One of the many things that aid in calculating car insurance rates is the neighborhood you call home. Cities with more crime and/or more people tend to have higher auto insurance costs, whereas areas with fewer weather claims and lower vehicle theft rates have the luxury of cheap car insurance rates.
The next table sorts the priciest cities in Indiana for welfare recipients to buy an auto insurance policy in. Fort Wayne makes the list at #14 with the annual price of $985 for coverage, which is approximately $82 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Gary | $1,401 |
| 2 | Hammond | $1,314 |
| 3 | Merrillville | $1,095 |
| 4 | Portage | $1,093 |
| 5 | Lawrence | $1,088 |
| 6 | Indianapolis | $1,082 |
| 7 | Terre Haute | $1,077 |
| 8 | Evansville | $1,055 |
| 9 | Jeffersonville | $1,048 |
| 10 | Anderson | $1,031 |
| 11 | New Albany | $1,028 |
| 12 | Kokomo | $1,001 |
| 13 | Bloomington | $988 |
| 14 | Fort Wayne | $985 |
| 15 | Elkhart | $985 |
| 16 | Fishers | $974 |
| 17 | Mishawaka | $965 |
| 18 | Greenwood | $960 |
| 19 | South Bend | $947 |
| 20 | Carmel | $947 |
| 21 | Columbus | $946 |
| 22 | Muncie | $937 |
| 23 | Richmond | $935 |
| 24 | Noblesville | $930 |
| 25 | Lafayette | $917 |
| Quote Best Rates Go | ||
Table data uses comparative as vehicle location can increase or decrease premium rates considerably.
The type of vehicle that needs insurance is one of the biggest factors that determines the availability of cheaper car insurance for welfare recipients. Vehicles with high performance features, poor safety features, or a track record of large liability claims will cost more to insure than safer models.
The data below presents car insurance costs for a handful of the cheapest automobiles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape Limited 2WD | $893 |
| Honda CR-V EX 4WD | $898 |
| Honda Accord EX-L 4-Dr Sedan | $950 |
| Volkswagen Jetta SE 2.5 Station Wagon | $1,026 |
| Chevrolet Impala LT | $1,037 |
| Ford Fusion S 4-Dr Sedan | $1,047 |
| Dodge Grand Caravan SXT | $1,058 |
| Ford F-150 FX4 4WD | $1,067 |
| Toyota Prius | $1,064 |
| Ford Edge Sport AWD | $1,091 |
| Toyota Corolla XRS | $1,112 |
| Chevrolet Malibu Hybrid | $1,133 |
| Toyota Camry LE | $1,138 |
| Toyota RAV4 4WD | $1,133 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $1,140 |
| Toyota Tacoma Double Cab 4WD | $1,157 |
| Hyundai Elantra Blue 4-Dr Sedan | $1,173 |
| Kia Optima SX | $1,184 |
| Chevrolet Silverado Crew Cab Hybrid 4WD | $1,186 |
| Ford Explorer Eddie Bauer 4WD | $1,192 |
| Ford Focus SEL 4-Dr Sedan | $1,195 |
| Dodge Ram 3500 Mega Cab SLT 2WD | $1,205 |
| Nissan Rogue SL 2WD | $1,211 |
| Start a Quote Go | |
Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Information does not factor in garaging location in Fort Wayne, IN which can impact prices greatly.
Looking at the rates, makes and models like the Ford Escape, Honda CR-V, and Honda Accord should be a few of the most budget-friendly vehicles to insure for drivers on welfare.
Drive safe and save
The obvious way to enjoy the cheapest car insurance rates for drivers on welfare is to pay attention while driving and avoid accidents and keep your driving record clean. The illustration below shows how speeding tickets and accident claims influence car insurance rates for each age group. The rates are based on a single male driver, comp and collision included, $250 deductibles, and no discounts are factored in.
The chart shows that the average cost of an auto insurance policy per year with no violations or accidents is $1,480. Receive two speeding tickets and the average cost jumps to $1,958, an increase of $478 each year. Then add in one accident along with the two speeding tickets and the annual cost of car insurance for welfare recipients increases to an average of $2,435. That’s an increase of $955, or $80 per month, just for not maintaining a clean driving record!
The chart below demonstrates how deductible levels can change premium costs when searching for cheap insurance for welfare recipients. The data assumes a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.
In the chart above, a 30-year-old driver could lower rates by $260 a year by increasing from a $100 deductible to a $500 deductible, or save $392 by using a $1,000 deductible. Young drivers, like the Age 20 chart data, could lower their rates $756 or even more by choosing a larger deductible amount. When raising deductibles, it will be important to have enough savings set aside to offset the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Discounts on Fort Wayne insurance rates
Car insurance companies that sell policies for welfare recipients may provide price discounts that could potentially reduce rates by 35% or more if you qualify for them. A list of companies and some of their more popular discounts can be read below.
- State Farm may offer discounts for accident-free, good driver, safe vehicle, Steer Clear safe driver discount, defensive driving training, and passive restraint.
- Liberty Mutual has savings for hybrid vehicle, new move discount, preferred payment discount, newly married, and exclusive group savings.
- American Family discounts include Steer into Savings, accident-free, mySafetyValet, good student, and TimeAway discount.
- Progressive may have discounts that include multi-policy, continuous coverage, online signing, multi-vehicle, and online quote discount.
- Farmers Insurance may include discounts for business and professional, youthful driver, bundle discounts, multi-car, teen driver, alternative fuel, and electronic funds transfer.
- Auto-Owners Insurance includes discounts for multi-policy, company car, good student, multiple vehicles, and anti-lock brakes.
- SAFECO has discounts for multi-car, teen safe driver, teen safety rewards, accident prevention training, drive less, safe driver, and anti-lock brakes.
The chart below visualizes the comparison of car insurance rates with and without discounts applied to the policy premium. Data assumes a male driver, a clean driving record, no at-fault accidents, Indiana state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with marriage, safe-driver, claim-free, multiple vehicle, multiple policy, and defensive driving course discounts applied. When discounts are applied, theaverage yearly reduction on car insurance for welfare recipients is 28% or $494.
The insurance agencies listed below can probably help you determine which auto insurance policy fits you best, since some people prefer to get some guidance when comparing insurance rates for welfare recipients. It can be challenging to find the best policy on your own, and insurance agents licensed in the state of Indiana can give peace of mind knowing you have adequate coverage if you have an accident or claim.
To locate a Fort Wayne auto insurance agent close to where you live, click the link after the list or click here to compare price quotes now.
- Allstate Insurance: Rolly Bhargava
4660 W Jefferson Blvd Ste 100 – Fort Wayne, IN 46804 – (260) 459-7673 - Sam Till Jr – State Farm Insurance Agent
615 Goshen Ave – Fort Wayne, IN 46808 – (260) 482-9623 - Allstate Insurance: Paul Michaylo
2416 Getz Rd – Fort Wayne, IN 46804 – (260) 459-1700 - Affordable Agency Inc
2314 Lake Ave – Fort Wayne, IN 46805 – (260) 485-2526 - Jackson Insurance Agency
809 S Calhoun St #308 – Fort Wayne, IN 46802 – (260) 434-0352