The car, truck, or SUV that needs insurance is a large consideration that determines if you can find the cheapest auto insurance for 4×4 vehicles. Vehicles with average performance, modern passenger safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than higher performance models.
The table below showcases coverage rates for some of the cheaper vehicles to buy coverage for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Hyundai Elantra SE Touring Station Wagon||$880|
|Honda Accord LX 4-Dr Sedan||$931|
|Honda CR-V EX 4WD||$951|
|Chevrolet Equinox LS AWD||$959|
|Volkswagen Jetta LE 4-Dr Sedan||$964|
|Toyota RAV4 Limited 2WD||$959|
|Toyota Corolla XLE||$1,010|
|Toyota Camry XLE||$1,015|
|GMC Sierra SLE Extended Cab 4WD||$1,029|
|Jeep Grand Cherokee Limited 4WD||$1,035|
|Ford Explorer XLT AWD||$1,043|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$1,047|
|Dodge Ram Quad Cab SLT 4WD||$1,057|
|Ford F-150 XL Crew Cab 4WD||$1,064|
|Chevrolet Silverado Crew Cab Hybrid 2WD||$1,078|
|Ford Focus SE 2-Dr Coupe||$1,080|
|Ford Escape Limited 4WD||$1,084|
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Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Rate quotes do not factor in specific zip code location which can impact premium rates greatly.
Looking at the numbers, you can expect makes and models like the Hyundai Elantra, Honda Accord, Honda CR-V, and Chevrolet Equinox are most likely going to be the more affordable vehicles to insure for off-road vehicles.
For off-road vehicles, one of the more important criteria that help determine the amount you pay for auto insurance is where you keep your vehicle in Fort Wayne. Regions with more people or even just more weather-related claims tend to pay slightly more, whereas areas with lower crime rates and fewer weather claims benefit from lower prices.
The information below ranks the most costly cities in Indiana for 4×4 vehicles to buy car insurance in. Fort Wayne shows up at #16 with an annual rate of $985 for coverage, which is around $82 per month.
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Information shown are estimated as specific location information can raise or lower auto insurance rates significantly.
Deciphering which companies offer the cheapest insurance rates for 4×4 vehicles will involve more work than just comparing rates from one or two companies. Each insurer uses their own calculation to determine rates, so we need to take a look at the most affordable insurance companies in Indiana.
It’s a good idea to know that Fort Wayne insurance rates are determined by lots of factors which can substantially change the cost of having a policy. Turning one year older, having a teen driver, or getting a few speeding tickets can cause premium changes that can make some companies cheaper than before.
Cheapest Insurance Rates for 4×4’s
|Rank||Company||Cost Per Year|
|6||Indiana Farmers Mutual||$875|
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Travelers quotes some of the cheapest car insurance rates in Fort Wayne at around $620 annually. This is $620 less than the average price paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve also rank well as some of the lowest-priced Fort Wayne, IN car insurance companies.
In the rate table above, if you are currently insured with Erie and switched to Cincinnati Insurance, you might see savings of around $47. Customers with Western Reserve may save as much as $188 a year, and Indiana Farmers Mutual customers might reduce prices by as much as $217 a year.
If you would like to find cheaper car insurance rates, click here to get quotes or click several companies below for low rates.
Remember that these policy rates are averaged for all ages of drivers and types of vehicles and are not factoring in an exact zip code location for 4×4 vehicles. So the car insurance company that is best suited for you may not even be in the top 36 companies shown above. That helps illustrate why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.
The example below demonstrates how deductibles can raise or lower annual premium costs when getting quotes for cheap insurance for 4×4 vehicles. Data assumes a married male driver, full physical damage coverage, and no discounts are factored in.
The chart above illustrates that a 30-year-old driver could cut expenses by $258 a year by increasing from a $100 deductible to a $500 deductible, or save $392 by using a $1,000 deductible. Even younger insureds, like the 20-year-old category, can save $782 or more by selecting a higher deductible.
When choosing a higher deductible, it is essential to have plenty of money set aside to enable you to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Rate comparison of full coverage and liability-only
Paying a lower price for insurance is important to most drivers, and one great way to find cheap insurance for 4×4 vehicles is to buy only liability coverage. The information below illustrates the comparison of auto insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premium estimates are based on a clean driving record, no claims, $100 deductibles, marital status is single, and no other discounts are factored in.
On average, full coverage on your policy costs an extra $1,797 per year more than carrying just liability coverage. Lot’s of drivers question if buying full coverage is a good investment. There is no definitive rule that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let’s say your vehicle’s settlement value is $10,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $9,000 after paying your deductible. If you are paying in excess of $900 annually for physical damage coverage, then you might want to consider buying only liability coverage.
There are a few cases where eliminating full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
How to find economical insurance for 4×4 vehicles
The list below shows a few thrifty solutions that can help Fort Wayne drivers locate lower-cost auto insurance.
- The safer your car, the less it costs to insure
- Clean up your credit
- Avoid speeding and other traffic citations and pay less
- Remain accident-free and save
- Raise your deductibles
- Compare quotes from other companies often
The last tip in the list is especially significant, as was noted in the prior article. Coverage prices change a lot, so don’t be unwilling to switch carriers if you can save money. Having a favorite company is great, but we do not recommend it if that inflexibility results in costing you money that could be going to better use. Take a couple minutes and compare rates to find cheaper car insurance for 4×4 vehicles in Fort Wayne.
The insurance agencies listed below can probably aid you in deciding which coverage fits your budget, since many consumers aren’t sure which coverage to buy and prefer to have a little guidance when shopping for cheaper insurance for 4×4 vehicles. It’s not always simple to find the cheapest auto insurance company, and getting advice from a licensed agent can add peace of mind knowing you have enough coverage when you need it. To find an auto insurance agency closest to you, click the button at the bottom of the list or click here to get price quotes now.
Farmers Insurance – Shea Smith
1104 W State Blvd – Fort Wayne, IN 46808 – (260) 420-2000
Allstate Insurance: Jay Raj
702 W Coliseum Blvd d – Fort Wayne, IN 46808 – (260) 484-5577
Real Estate Agents Health Insurance Direct
8411 Clinton Park Dr – Fort Wayne, IN 46825 – (855) 343-7344
Mathews Insurance Agency, Inc.
807 Lincoln Hwy W – New Haven, IN 46774 – (260) 749-9696
Jackson Insurance Agency
809 S Calhoun St #308 – Fort Wayne, IN 46802 – (260) 434-0352