Who Has Cheap Auto Insurance for Drivers with Good Credit in Fort Wayne?

One of the many factors that are looked at to help calculate the price you pay for insurance is where you choose to live. Regions with larger populations or more claims will most likely pay more, whereas areas with less congestion tend to receive cheaper rates.

The next table ranks the most costly cities in Indiana for drivers with good credit in which to purchase auto insurance. Fort Wayne is ranked at #19 with the annual price of $947 for the average insured, which is around $79 each month.

Car insurance prices in Fort Wayne
Rank City Premium Per Year
1 Gary $1,401
2 Hammond $1,327
3 Portage $1,137
4 Lawrence $1,099
5 Merrillville $1,095
6 Indianapolis $1,092
7 Evansville $1,087
8 Terre Haute $1,067
9 Kokomo $1,041
10 Jeffersonville $1,038
11 New Albany $1,028
12 Anderson $1,011
13 Bloomington $998
14 Columbus $975
15 Richmond $973
16 Noblesville $958
17 Elkhart $956
18 South Bend $956
19 Fort Wayne $947
20 Carmel $947
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Rate quotes are estimated as specific Fort Wayne zip code can influence premium rates significantly.

Deciding which companies offer the lowest-priced auto insurance rates for drivers with good credit will require more time in order to find coverage that fits your budget. Every auto insurer uses different criteria to set their prices, so let’s take a look at the most affordable auto insurance companies in Indiana.

It’s important that you understand Fort Wayne auto insurance rates are calculated based on many things which can substantially change the policy price. Improving your credit score, buying a different vehicle, or getting a couple of tickets may prompt premium changes that may make certain companies more affordable than competitors.

Cheapest Insurance Rates for High Credit

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Rankings for the cheapest Indiana auto insurance companies
Rank Company Cost Per Year
1 Travelers $596
2 USAA $661
3 Cincinnati Insurance $678
4 Erie $733
5 Indiana Farmers Mutual $849
6 The Hartford $863
7 Western Reserve $872
8 Auto-Owners $906
9 Nationwide $930
10 Motorists Mutual $966
11 State Farm $967
12 Hastings Mutual $973
13 Utica National $985
14 Safeco $1,003
15 Farmers $1,053
16 Westfield $1,072
17 Wolverine Mutual $1,072
18 GEICO $1,122
19 Progressive $1,128
20 State Auto $1,131
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Travelers may offer some of the most affordable car insurance rates in Fort Wayne at around $596 each year. This is $644 less than the average policy premium paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Indiana Farmers Mutual also qualify as some of the more affordable Fort Wayne, IN insurance companies.

As shown in the table above, if you are a policyholder with Erie and switched to Travelers, you might achieve yearly savings of about $137. Drivers with Indiana Farmers Mutual may save as much as $253 a year, and The Hartford insureds might reduce prices by as much as $267 a year.

These prices are averages for all insureds and vehicles and do not take into consideration an exact zip code location for drivers with good credit. So the auto insurance company that can offer the best rates for your situation may not even be in the top 36 companies in the list above. That underscores the importance of why you need to get quotes using your own driver data and vehicle information.

Finding a high-quality car insurance provider can be a challenge considering how many companies provide coverage in Indiana. The company information in the lists below could help you select which auto insurance companies to look at comparing rate quotes with.

These rankings are for large, nationwide insurance companies, so smaller companies that only insure vehicles in Indiana are not included in the list. To view rates from the most competitive companies in Indiana, click this link.

Top 10 Major Auto Insurers in Fort Wayne Ranked by A.M. Best Rating

  1. USAA – A++
  2. GEICO – A++
  3. Travelers – A++
  4. State Farm – A++
  5. Allstate – A+
  6. Progressive – A+
  7. Erie Insurance – A+
  8. The Hartford – A+
  9. Nationwide – A+
  10. Esurance – A+

Top 10 Major Auto Insurers in Fort Wayne Ranked by Customer Service

  1. Nationwide
  2. State Farm
  3. Safeco Insurance
  4. American Family
  5. Titan Insurance
  6. Travelers
  7. Liberty Mutual
  8. GEICO
  9. Erie Insurance
  10. Allstate

The example below demonstrates how deductibles can affect yearly insurance costs when trying to find cheap insurance for drivers with good credit. The rate quotes are based on a single male driver, full coverage, and no additional discounts are factored in.

The chart above illustrates that a 40-year-old driver could pocket $312 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $470 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old example, could lower their rates $1,042 each year by choosing a higher deductible. When increasing deductibles, it will now be necessary to have spare funds to be able to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

Types of discounts on Fort Wayne auto insurance

Cheaper Fort Wayne, IN auto insurance for financially responsible driversAuto insurance companies that provide coverage for drivers with good credit may also give you policy discounts that could lower prices by as much as 25% or more if you meet the requirements. Companies and a partial list of their discounts are:

The diagram below shows the difference between annual premium costs with and without discounts applied to the rates. The data assumes a male driver, no accidents or driving violations, Indiana state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second shows the rates with homeowner, safe-driver, defensive driving course, claim-free, passive restraint, and marriage discounts applied. When these discounts are applied to the policy premium, theaverage yearly reduction on auto insurance for drivers with good credit is 27% or $443.

Can you find cheaper Fort Wayne car insurance?

Fort Wayne auto insurance rates are impacted by many things which can substantially change the price you pay. Simply having a birthday, buying a different home, or getting a speeding ticket can cause premium changes that can make some companies more affordable than before.

In addition, car insurance companies change rates multiple times each year to ensure their profitability. Heavy losses can cause high rates, while long-term profits can result in cheaper Fort Wayne car insurance rates.

To illustrate this example, the bar chart below shows rates for the cheapest car insurance in Fort Wayne, IN for a 35-year-old female driver with no accidents, a clean driving record, and a decent credit rating. When quoting prices based on her personal risk profile, Travelers offers the cheapest car insurance rates in Fort Wayne at $679 annually. This is $561 less than the average premium paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Indiana Farmers Mutual round out the rest of the cheapest Fort Wayne, IN auto insurance companies.

Now let’s give the driver in the first example an at-fault accident, a lower credit rating, and a speeding ticket. Since each auto insurance company has a unique approach to set their prices, comparing insurance quotes may now show a different set of cheap Fort Wayne auto insurance companies as shown below.

The Hartford now has the lowest car insurance rate in Fort Wayne, IN with Auto-Owners, Motorists Mutual, State Farm, and Nationwide also having competitive pricing. This demonstrates why it is crucial to compare rates when trying to get cheap insurance quotes for drivers with good credit. Insurance rates consist of many things and change frequently, so the most economical option the last time you compared rates may now be costing you a lot of money.

The agents listed below are a good start to provide answers to your questions and help you determine which policy is best, as many people would rather have a professional recommendation when shopping for cheaper insurance for financially responsible drivers. It’s not always easy to find the cheapest car insurance policy, and getting professional guidance from a licensed agent can give you comfort knowing your policy gives you adequate protection in the event of a claim.

To locate a Fort Wayne auto insurance agent using an interactive map, click the link after the list.

Stoller-Dunham Insurance Agency
6058 E State BlvdFort Wayne, IN 46815(260) 749-4970

Connie Stickler – State Farm Insurance Agent
7105 Old Trail RdFort Wayne, IN 46809(260) 747-2626

Luttman Insurance
707 Airport North Office ParkFort Wayne, IN 46825(260) 482-6700

John Carr – State Farm Insurance Agent
1018 E Dupont RdFort Wayne, IN 46825(260) 489-3838

Farmers Insurance – Adrian Hernandez
3474 Stellhorn RdFort Wayne, IN 46815(260) 485-0122

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