You’ve seen the commercials from auto insurance companies like Liberty Mutual, Allstate, and State Farm that claim the cheapest rates. So drivers just need to choose the one with the most memorable commercial, right?
It’s not that simple, unfortunately, as there are a ton of unknown factors such as whether you are single or married, if you have a tendency to get pulled over, and your financial responsibility, that all impact the cost of coverage. This article goes into detail about the best ways to maintain low rates and will hopefully give the reader a good start to your coverage search.
Establishing which companies quote the lowest-priced insurance rates for teachers takes a little more work than just quoting one company’s rates. Every auto insurer used slightly different criteria to set premium rates, so to begin we’ll rank the insurance companies that tend to have lower prices in Fort Wayne.
It’s a good idea to be aware that Fort Wayne insurance rates are impacted by many factors which can substantially change the cost of your policy. Simply getting older, buying a home, or getting caught speeding can trigger changes in premium that can cause some rates to be cheaper than others.
Best Car Insurance Prices for Educators
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Travelers | $614 |
| 2 | USAA | $661 |
| 3 | Cincinnati Insurance | $664 |
| 4 | Erie | $726 |
| 5 | Western Reserve | $838 |
| 6 | Indiana Farmers Mutual | $849 |
| 7 | The Hartford | $863 |
| 8 | Auto-Owners | $906 |
| 9 | Nationwide | $930 |
| 10 | Motorists Mutual | $956 |
| 11 | State Farm | $957 |
| 12 | Utica National | $965 |
| 13 | Hastings Mutual | $973 |
| 14 | Safeco | $983 |
| 15 | Farmers | $1,064 |
| 16 | Wolverine Mutual | $1,072 |
| 17 | State Auto | $1,087 |
| 18 | Westfield | $1,094 |
| 19 | Progressive | $1,095 |
| 20 | GEICO | $1,100 |
| Get a Custom Quote Go | ||
Travelers normally has some of the cheapest car insurance rates in Fort Wayne at around $614 a year. USAA, Cincinnati Insurance, Erie, and Western Reserve are also some of the cheaper Fort Wayne, IN insurance companies.
In the above rates, if you currently buy coverage from Western Reserve and switched to USAA, you could realize an annual premium reduction of around $177. Customers with Indiana Farmers Mutual may save as much as $188 a year, and The Hartford policyholders might realize rate reductions of up to $202 a year.
Understand that those policy rates are averaged across all insureds and vehicles and do not take into consideration an exact zip code location for teachers. So the insurer that can offer the best rates for your situation may not even be in the list above. That point stresses why you need to get rate quotes using your own specific driver and vehicle information.
The make and model of vehicle to be insured is one of the largest considerations when consumers are trying to find the best cheap coverage for teachers. Vehicles with lower performance, an excellent safety record, or a low likelihood of liability claims will cost quite a bit less to insure than higher performance models. The table below presents auto insurance rates for a handful of the most budget-friendly automobiles to buy insurance for.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX-L 2WD | $910 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $978 |
| Ford Escape XLT 2WD | $1,006 |
| Volkswagen Jetta 2.0T Station Wagon | $1,044 |
| Toyota RAV4 Sport 2WD | $1,055 |
| Chevrolet Equinox LS AWD | $1,061 |
| Hyundai Elantra SE Touring Station Wagon | $1,061 |
| Toyota Prius | $1,085 |
| Honda Accord EX-L 4-Dr Sedan | $1,089 |
| Ford F-150 XLT Regular Cab 2WD | $1,108 |
| Chevrolet Impala LTZ | $1,112 |
| Toyota Corolla S | $1,117 |
| Chevrolet Silverado LT Regular Cab | $1,129 |
| Ford Fusion Sport 4-Dr Sedan | $1,131 |
| Ford Explorer Eddie Bauer 2WD | $1,136 |
| Toyota Tacoma 2WD | $1,163 |
| Honda Civic GX 4-Dr Sedan | $1,168 |
| Start Your Quote Go | |
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Premium costs do not factor in specific Fort Wayne, IN garaging location which can increase or decrease rates substantially.
Based upon the rates shown, you can figure that vehicles like the Honda CR-V, Jeep Wrangler, and Ford Escape should be some of the more affordable vehicles to insure for teachers and educators.
For teachers and educators, one of the more important things that are looked at to help calculate the amount you pay each year for auto insurance is the neighborhood you call home. Areas with more people or higher crime rates tend to pay slightly more, whereas areas with lower vehicle theft rates and fewer weather claims benefit from lower prices.
The following table shows the most expensive cities in Indiana for teachers to buy car insurance in. Fort Wayne is ranked at #21 with the annual price of $947 on average, which is about $79 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Gary | $1,347 |
| 2 | Hammond | $1,275 |
| 3 | Merrillville | $1,128 |
| 4 | Portage | $1,104 |
| 5 | Indianapolis | $1,092 |
| 6 | Jeffersonville | $1,070 |
| 7 | New Albany | $1,070 |
| 8 | Terre Haute | $1,067 |
| 9 | Lawrence | $1,055 |
| 10 | Evansville | $1,045 |
| 11 | Kokomo | $1,011 |
| 12 | Anderson | $1,001 |
| 13 | South Bend | $985 |
| 14 | Fishers | $974 |
| 15 | Bloomington | $968 |
| 16 | Mishawaka | $965 |
| 17 | Elkhart | $965 |
| 18 | Richmond | $964 |
| 19 | Greenwood | $960 |
| 20 | Noblesville | $948 |
| Compare Rates Now Go | ||
Prices are comparative as the specific geographic location can impact prices considerably.
The information below shows how choosing a deductible can affect insurance prices when quoting cheap insurance for teachers. The premium estimates are based on a married female driver, full coverage, and no discounts are taken into consideration.
The data above shows that a 50-year-old driver could pocket $260 a year by changing from a $100 deductible to a $500 deductible, or save $390 by switching to a $1,000 deductible. Even younger insureds, like the Age 20 chart data, can cut as much as $638 every year by using a higher deductible.
If you make the decision to raise deductibles, it is necessary to have enough savings to allow you to cover the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Finding a high-quality car insurance company can be rather challenging considering how many different companies sell coverage in Indiana. The ranking information shown below could help you analyze which auto insurers to look at when comparing auto insurance rates for teachers.
The rankings below are only made up of companies that insure vehicles nationwide, so companies that focus mainly on Indiana business are not taken into consideration for this list. To check prices from the insurers below and more, 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 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Can you find cheaper Fort Wayne car insurance?
Indiana insurance rates are impacted by many things that may substantially change the cost of having a policy. Simply improving your credit, buying a home instead of renting, or getting caught speeding can produce rate changes resulting in some rates now being much cheaper than others. In addition, insurance companies file new Indiana car insurance rates as often as every quarter to reflect underwriting profits or losses. Higher than usual claims may cause price increases, while a profitable period may result in cheaper Fort Wayne car insurance rates.
The chart below shows the cheapest car insurance in Fort Wayne, IN for a 45-year-old female driver with no violations or accidents, and good credit. If we estimate prices based on her current rating profile, Travelers might offer the best car insurance rates in Fort Wayne at $634 a year. This is $606 less than the average policy premium paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Indiana Farmers Mutual are the remainder of the most affordable Fort Wayne, IN auto insurance companies.
In the next rate comparison, we’ll give the driver in the first example a claim surcharge, slightly worse credit, and a speeding ticket. Due to the fact that every insurance company has a proprietary formula to set their prices, comparing prices may now result in a different ranking of the cheapest companies as shown below.
The Hartford now has the lowest car insurance rate in Fort Wayne with Auto-Owners, USAA, Utica National, and Cincinnati Insurance completing the list. This illustrates why consumers need to compare as many rates as possible when trying to find cheap auto insurance rates for teachers.
Auto insurance prices are impacted by many risk factors and can change substantially, so the cheapest option six months ago may now be quite expensive.
How to find budget-friendly insurance for teachers
Lowering your rates is not difficult, and here are some of the better money-saving suggestions that can help Fort Wayne drivers quote low-cost coverage.
- Serious violations like DUI or reckless driving can increase rates dramatically
- Don’t waste money on full coverage for older vehicles
- Safer vehicles cost less to insure
- Higher deductibles mean lower rates
- Avoid having at-fault accidents
- Good credit scores may make rates cheaper
- Compare rates regularly to ensure the best deal
The last suggestion is very important, as we stressed in this write-up. Insurance prices fluctuate constantly, so drivers shouldn’t hesitate to change to a new company if a lower-cost policy is available. Many drivers tend to have loyalty to a certain company, but it isn’t a good idea if it’s costing you lots of hard earned cash every month. In less than five minutes you could compare rates and find cheaper auto insurance for teachers in Fort Wayne.
If you aren’t clear which coverage you need and would like to have some advice when comparing insurance rates for teachers and educators, the insurance agencies listed below are a good start to provide answers to your questions and help you determine which coverages and limits you need.
To locate a Fort Wayne insurance agent using an interactive map, click the link at the bottom or click here to compare rates now.
- Imel Insurance
2700 Lower Huntington Rd – Fort Wayne, IN 46809 – (260) 747-6186 - Tom Steckler Agency Inc
10432 Coldwater Rd – Fort Wayne, IN 46845 – (260) 338-0338 - Hupe Insurance Services
7011 Stellhorn Rd – Fort Wayne, IN 46815 – (800) 701-5909 - Sam Till Jr – State Farm Insurance Agent
615 Goshen Ave – Fort Wayne, IN 46808 – (260) 482-9623