Who Has the Cheapest Fort Wayne Auto Insurance Rates for High Mileage Drivers?

You have probably seen the commercials from car insurance companies like GEICO and Allstate promising big savings. So drivers should just choose the one with the flashiest ad, right?

It’s not that simple, unfortunately, as there are a lot of unknown aspects such as if you need full coverage or liability-only, if you are a homeowner, and if you are currently insured, that all help calculate your car insurance rates. The content below will cover these things and educate you enough to have a good beginning to your quest for cheaper car insurance in Indiana.

For high mileage drivers, one of the big things that are looked at to determine the price you pay for insurance is where you live. More populated areas will most likely have higher rates, whereas areas that tend to be more rural have the luxury of lower rates.

The next table sorts the most costly cities in Indiana for high mileage drivers to purchase car insurance in. Fort Wayne is ranked #14 with a yearly premium of $976 for coverage, which is about $81 per month.

How much does car insurance cost in Fort Wayne, IN?
Rank City Premium Per Year
1 Gary $1,360
2 Hammond $1,327
3 Merrillville $1,128
4 Lawrence $1,099
5 Portage $1,093
6 Indianapolis $1,092
7 Jeffersonville $1,080
8 New Albany $1,070
9 Evansville $1,045
10 Terre Haute $1,035
11 Anderson $1,001
12 Kokomo $1,001
13 Elkhart $995
14 Fort Wayne $976
15 Columbus $975
16 Greenwood $969
17 Bloomington $968
18 Noblesville $958
19 South Bend $956
20 Muncie $955
21 Fishers $945
22 Mishawaka $945
23 Richmond $944
24 Lafayette $926
25 Carmel $919
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Rate information is approximated as the specific zip code location can affect rates significantly.

The vehicle model you are seeking coverage for is probably the largest consideration when comparing the most affordable coverage for high mileage drivers. Vehicles with lower acceleration and performance, modern passenger safety features, or a positive history of liability claims will cost substantially less to insure than high performance models.

The information below showcases auto insurance prices for a selection of the more affordable vehicles to buy coverage for.

Cheapest Vehicles to Insure in Fort Wayne, IN
Vehicle Estimated Cost for Full Coverage
Ford F-150 XL Crew Cab 4WD $1,004
Honda Accord LX 4-Dr Sedan $1,006
Jeep Wrangler Unlimited Sport 2WD 4-Dr $1,057
Chevrolet Impala LTZ $1,093
Honda CR-V EX-L 4WD $1,102
Ford Escape Limited 2WD $1,108
Nissan Altima 3.5 SR 4-Dr Sedan $1,112
Volkswagen Jetta 2.0T 4-Dr Sedan $1,118
Dodge Ram Quad Cab TRX4 Off Road 2WD $1,134
Honda Odyssey EX W/Rear Entertainment $1,168
Ford Focus S 4-Dr Sedan $1,176
Chevrolet Equinox LT 2WD $1,189
Dodge Grand Caravan Hero $1,198
Toyota Prius $1,195
Ford Explorer XLT AWD $1,206
Hyundai Elantra Blue 4-Dr Sedan $1,231
Ford F-250 XL Turbo Diesel 2WD $1,240
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Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Prices do not factor in vehicle location which can modify price quotes noticeably.

Based on these rates, we can expect cars like the Ford F-150, Honda Accord, Jeep Wrangler, and Chevrolet Impala are going to be the most budget-friendly vehicles to insure for high mileage drivers.

Deciphering which companies have the cheapest insurance rates for high mileage drivers takes more work than just comparing rates from one or two companies. Each auto insurance company uses a different method for determining prices, so let’s look at the rankings for the insurance companies with the overall best prices in Indiana.

It’s important that you understand Indiana insurance rates are calculated based on many things that can increase the price you pay. Improving your credit rating, getting married, or getting a driving violation may generate price changes that can cause some rates to be more affordable than others.

Best Car Insurance Prices in Indiana

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Indiana auto insurance company rankings
Rank Company Cost Per Year
1 Travelers $596
2 USAA $681
3 Cincinnati Insurance $684
4 Erie $712
5 Western Reserve $838
6 The Hartford $863
7 Indiana Farmers Mutual $875
8 Auto-Owners $879
9 Nationwide $940
10 Motorists Mutual $956
11 Utica National $956
12 State Farm $957
13 Safeco $1,003
14 Hastings Mutual $1,013
15 Farmers $1,053
16 State Auto $1,087
17 Progressive $1,095
18 GEICO $1,100
19 Westfield $1,105
20 Wolverine Mutual $1,105
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Travelers normally has some of the lowest car insurance rates in Fort Wayne at around $596 each year. This is $644 less than the average rate paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Western Reserve also are some of the most economical Fort Wayne, IN car insurance companies.

As shown above, if you currently buy coverage from Western Reserve and switched to USAA, you may see a yearly price reduction of in the neighborhood of $157. Policyholders with The Hartford may save as much as $182 a year, and Indiana Farmers Mutual policyholders might cut rates by $194 a year.

It’s important to note that these premium estimates are averages across all drivers and vehicles in Indiana and are not factoring in a specific zip code for high mileage drivers. So the auto insurance company that fits your situation best may not even be in the list above. That emphasizes why you need to compare rates from multiple companies using your own individual information.

Tickets and at-fault accidents raise rates

In a perfect world, the ideal way to obtain low insurance premiums for high mileage drivers is to pay attention while driving and maintain a clean driving record. The chart below shows how speeding tickets and fender-benders raise insurance premiums for each different age group. The rate quotes are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied.

In the previous chart, the average cost of auto insurance in Fort Wayne per year with a clean driving record and no accidents is $1,357. Get two speeding tickets and the average cost rises to $1,924, an increase of $567 each year. Now add in one accident along with the two speeding tickets and the annual cost of insurance for high mileage drivers jumps again to an average of $2,507. That’s an increase of $1,150, or $96 per month, just for not paying attention while driving!

Types of discounts on Fort Wayne insurance rates

Cheaper Fort Wayne, IN insurance for high mileage driversCar insurance companies that provide coverage for high mileage drivers may additionally offer price discounts that could lower prices by as much as 25% or more if you can meet the requirements. A few of the larger companies and their possible discounts are included below.

The information below illustrates the comparison of car insurance costs with and without discounts applied to the premium. The data is based on a male driver, a clean driving record, no claims, Indiana state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with accident-free, multiple policy, defensive driving course, safe-driver, marriage, and anti-theft discounts applied. When drivers take advantage of discounts, the average savings per year on insurance for high mileage drivers is 28% or $494.

What aren’t you shopping around?

Fort Wayne, IN insurance rates are calculated based on many things which can substantially change the cost of a policy. Simply turning a year older, filing a claim, or getting caught speeding can trigger price changes that can now make some companies cheaper than others. Also, insurance companies modify rates without warning in order to remain profitable. A period of increased losses can cause high rates, while a lower level of claims may produce cheaper Fort Wayne car insurance rates.

The graph below shows the companies that have the cheapest car insurance in Fort Wayne, IN for a 30-year-old male driver with no accidents or violations, and a good credit history. When comparing rates based on his current risk profile, Travelers quotes the cheapest car insurance rates in Fort Wayne at $640 annually. This is $600 less than the average premium paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve are also included in the most affordable Fort Wayne, IN auto insurance companies.

In this example, we will give the driver in the first chart an accident surcharge, poor credit, and a few traffic violations. Because each company has their own unique process to set policy rates, comparing rates may now result in a significantly different list of the cheapest car insurance companies in Fort Wayne as shown below.

Indiana Farmers Mutual now has the lowest price on auto insurance in Fort Wayne with Auto-Owners, Nationwide, Utica National, and State Farm also having competitive pricing. This shows why it is important to compare many different companies to find affordable auto insurance quotes for high mileage drivers. Insurance prices consist of many factors and can increase or decrease at any time, so the most affordable company six months ago may now be one of the higher cost companies.