Who Has Cheap Auto Insurance for Hybrid Vehicles in Fort Wayne?

The vehicle model you are seeking coverage for is one of the biggest factors that determines whether or not you can buy the best car insurance for hybrid vehicles. Vehicles with economical engines, advanced safety features, or a track record of few liability claims will cost much less to insure than high performance models. The next list ranks car insurance prices for a handful of the most cost-effective vehicles to insure in Indiana.

Cheapest Vehicles to Insure in Fort Wayne, IN
Make and Model Estimated Cost for Full Coverage
Ford F-150 XL Regular Cab 2WD $879
Honda CR-V EX 2WD $931
Ford Escape XLS 2WD $940
Honda Accord LX-P 4-Dr Sedan $958
Toyota Camry LE $1,008
Toyota RAV4 4WD $1,016
Ford Fusion S 4-Dr Sedan $1,008
Toyota Prius $1,037
Dodge Grand Caravan CV $1,039
Ford Focus SES 4-Dr Sedan $1,043
Jeep Wrangler Sport Islander Package 4WD 2-Dr $1,054
Toyota Corolla S $1,062
Ford Edge Limited AWD $1,068
Chevrolet Silverado LS Crew Cab 4WD $1,081
Ford Explorer Eddie Bauer 2WD $1,088
Dodge Ram Crew Cab SLT 2WD $1,097
Toyota Tacoma Double Cab TRD Sport Package 4WD $1,124
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Price information does not factor in specific Fort Wayne, IN garaging location which can increase or decrease coverage prices greatly.

Based upon the table data, we can assume that cars like the Ford F-150, Honda CR-V, Ford Escape, and Honda Accord are going to be a few of the most budget-friendly vehicles to insure for hybrids.

One of the more important components that are used to help calculate car insurance rates is the neighborhood you call home in Fort Wayne. Areas with a lot of weather claims or more people will most likely have higher rates, whereas areas that tend to be more rural benefit from lower rates.

The table below ranks the highest-priced places in Indiana for hybrid vehicles in which to purchase auto insurance. Fort Wayne is listed at #18 having an annual price of $947 for car insurance, which is approximately $79 monthly.

Car insurance prices in Fort Wayne
Rank City Annual Rate
1 Gary $1,347
2 Hammond $1,288
3 Merrillville $1,139
4 Portage $1,093
5 Indianapolis $1,082
6 Evansville $1,077
7 New Albany $1,059
8 Lawrence $1,055
9 Terre Haute $1,045
10 Jeffersonville $1,038
11 Anderson $1,011
12 Kokomo $1,011
13 Elkhart $995
14 Fishers $983
15 Greenwood $969
16 Bloomington $958
17 Carmel $957
18 Fort Wayne $947
19 South Bend $947
20 Columbus $946
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Annual rates are estimated as the garaging address in Fort Wayne can modify premium rates significantly.

Finding reliable, affordable insurance is difficult, and finding out which insurers offer the cheapest car insurance rates for hybrid vehicles will take additional perseverance. Each insurance company uses their own method for determining prices, so we’ll go over the car insurance companies with the most affordable rates in Indiana.

Cheapest Insurance Rates for Hybrids

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Who has the cheapest car insurance in Indiana?
Rank Company Cost Per Year
1 Travelers $614
2 Cincinnati Insurance $664
3 USAA $687
4 Erie $726
5 Indiana Farmers Mutual $849
6 Western Reserve $872
7 The Hartford $881
8 Auto-Owners $888
9 Nationwide $930
10 Motorists Mutual $966
11 Hastings Mutual $983
12 Utica National $985
13 State Farm $997
14 Safeco $1,013
15 Farmers $1,053
16 Westfield $1,072
17 State Auto $1,087
18 GEICO $1,089
19 Wolverine Mutual $1,105
20 Progressive $1,128
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Travelers normally has some of the cheapest car insurance rates in Fort Wayne at around $614 per year. This is $626 less than the average rate paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Indiana Farmers Mutual also are some of the cheaper Fort Wayne, IN auto insurance companies.

As shown above, if you are currently insured with Indiana Farmers Mutual and switched to Cincinnati Insurance, you might realize a yearly savings of upwards of $185. Policyholders with Western Reserve might save as much as $208 a year, and The Hartford customers might reduce rates by $217 a year.

These policy prices are averages across all drivers and vehicles and do not take into consideration a specific vehicle garaging location for hybrid vehicles. So the auto insurance company that is most affordable for your situation may not even be in the top 36 companies shown above. That’s why you need to get quotes using your own specific driver information and vehicle.

Bad driving habits will cost you more

The easiest method to earn affordable car insurance prices in Fort Wayne for hybrids is to drive cautiously and avoid accidents and keep your driving record clean. The illustration below illustrates how violations and fender-benders can influence insurance rates for different categories of driver ages. The premium estimates are based on a married male driver, full physical damage coverage, $500 deductibles, and no discounts are applied.

The chart shows that the average cost of car insurance per year with a clean driving record and no accidents is $1,133. Receive one speeding ticket and the average cost surges to $1,302, an increase of $168 each year. Now add one accident along with the one speeding ticket and the yearly cost of car insurance for hybrid vehicles goes up to an average of $1,769. That’s an increase of $635, or $53 per month, just for not paying attention while driving!

Cost difference between full coverage and liability

Paying less for car insurance is important to the majority of vehicle owners, and a good way to pay less for insurance for hybrid vehicles is to buy liability only. The information below illustrates the difference between yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Indiana. The data is based on no claims or driving violations, $1,000 deductibles, single marital status, and no additional discounts are factored in.

As an average, physical damage coverage on your policy costs an extra $1,184 per year over and above liability only. That touches on the question if full coverage is worth the money. There is no clear-cut rule to delete physical damage coverage, but there is a general convention. If the annual cost of your full coverage insurance is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your vehicle’s book value is $10,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company will settle for is $9,000 after paying the physical damage deductible. If premiums are more than $900 a year to have full coverage, then you might want to think about dropping full coverage.

How to get discounts on Fort Wayne insurance

Save on car insurance for hybrids in Fort WayneInsurance providers that provide coverage for hybrid vehicles may also provide special discounts that could potentially reduce rates by as much as 35% or more if you qualify. A few of the larger companies and a selection of discounts include:

The illustration below shows the difference between insurance costs with and without discounts being applied to the rates. The rate quotes are based on a female driver, no claims or violations, Indiana state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with marriage, claim-free, defensive driving course, multiple policy, multiple vehicle, and anti-theft discounts applied. When drivers take advantage of discounts, the average amount saved each year on car insurance for hybrid vehicles is 28% or $312.