Everyone knows that insurance companies don’t want you to compare rates. Drivers who shop around for a cheaper policy will presumably buy a new policy because they have good chances of finding a cheaper policy. A recent auto insurance study discovered that consumers who regularly shopped around saved an average of $3,400 over four years compared to policyholders who never compared other company’s rates.
If finding the most affordable auto insurance is why you’re here, then having an understanding of how to compare insurance coverage can make shopping around easier.
If your goal is the lowest price, then the best way to find discount auto insurance rates in Fort Wayne is to annually compare prices from different companies that sell auto insurance in Indiana.
Step 1: Try to learn about what is in your policy and the modifications you can make to keep rates down. Many risk factors that cause high rates such as accidents, traffic tickets, and a substandard credit history can be eliminated by being financially responsible and driving safely.
Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give prices from a single company like Progressive or State Farm, while agents who are independent can provide rate quotes from many different companies. View rates
Step 3: Compare the price quotes to the price on your current policy to determine if you can save on XC60 insurance in Fort Wayne. If you find a lower rate quote and switch companies, verify that coverage does not lapse between policies.
Step 4: Give notification to your current company to cancel your current policy and submit payment and a signed application for the new coverage. Don’t forget to put the certificate of insurance along with your vehicle registration.
A crucial key to this process is to make sure you’re comparing identical deductibles and limits on each quote and and to get price quotes from as many auto insurance providers as possible. This ensures a fair rate comparison and the best price quote selection.
If you’re already insured or want to find a cheaper company, use these techniques to reduce the price you pay without sacrificing coverage. Finding the cheapest auto insurance coverage in Fort Wayne is actually quite easy if you know where to start. Drivers just need to understand the proper methods to compare price quotes from many different companies.
Companies offering Volvo XC60 insurance in Indiana
The car insurance companies shown below have been selected to offer price quotes in Fort Wayne, IN. If multiple companies are listed, we recommend you get price quotes from several of them in order to get a fair rate comparison.
Coverage analysis
The premium table displayed next outlines detailed analysis of insurance costs for Volvo XC60 models. Having a good grasp of how policy premiums are calculated is important to be able to make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC60 3.2 2WD | $208 | $428 | $270 | $16 | $80 | $1,002 | $84 |
| XC60 3.2 AWD | $234 | $428 | $270 | $16 | $80 | $1,028 | $86 |
| XC60 T6 AWD AWD | $234 | $504 | $270 | $16 | $80 | $1,104 | $92 |
| XC60 T6-R AWD AWD | $262 | $504 | $270 | $16 | $80 | $1,132 | $94 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Estimates do not factor in Fort Wayne location which can increase or decrease rates considerably.
Impact of careless driving on Fort Wayne car insurance rates
The chart below demonstrates how traffic citations and accidents can increase Volvo XC60 car insurance rates for each age group. The premiums are based on a married male driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
Males versus Females
The chart below visualizes the comparison of Volvo XC60 premium costs for male and female drivers. The prices are based on a clean driving record, no at-fault accidents, comp and collision included, $100 deductibles, marital status is single, and no other discounts are factored in.
Earn discounts to get lower-cost Fort Wayne insurance quotes
Car insurance companies don’t list every discount they offer very clearly, so the below list has some of the best known in addition to some of the lesser obvious credits that you can use to lower your rates.
- Discounts for New Vehicles – Insuring a vehicle that is new can get you a discount because newer models have to meet stringent safety requirements.
- Early Switch Discount – Some insurance companies reward drivers for renewing your policy prior to the expiration date on your current XC60 insurance policy. This discount can save up to 10%.
- Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. Many companies even apply the discount to college students until age 25.
- Payment Method – By paying your policy upfront as opposed to paying monthly you may reduce your total bill.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts can qualify for discounts as much as 30%.
- Telematics Data – Drivers who elect to allow their insurance company to study their driving habits by using a small device installed in their vehicle like Allstate’s Drivewise could save a few bucks if their driving habits are good.
We need to note that most discount credits are not given to your bottom line cost. Most cut individual premiums such as comprehensive or collision. So when it seems like having all the discounts means you get insurance for free, insurance companies aren’t that generous. Any qualifying discounts will help reduce the amount you have to pay.
The diagram below visualizes the comparison of Volvo XC60 auto insurance rates with and without policy discounts. The premiums assume a male driver, no tickets, no at-fault accidents, Indiana state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-car, multi-policy, and claim-free discounts applied.
The best insurance companies and some of the discounts are included below.
- State Farm offers premium reductions for multiple autos, driver’s education, student away at school, safe vehicle, Steer Clear safe driver discount, and anti-theft.
- American Family may offer discounts for early bird, Steer into Savings, bundled insurance, mySafetyValet, accident-free, defensive driver, and good student.
- GEICO may include discounts for daytime running lights, anti-lock brakes, seat belt use, membership and employees, and five-year accident-free.
- 21st Century discounts include anti-lock brakes, homeowners, theft prevention, driver training, air bags, 55 and older, and teen driver.
- Progressive includes discounts for online signing, continuous coverage, good student, online quote discount, and homeowner.
If you are trying to find affordable Fort Wayne auto insurance quotes, ask every company the best way to save money. Discounts may not apply to policyholders in Fort Wayne.
Learn How to Lower Your Insurance Rates
One of the most helpful ways to save on insurance is to to have a grasp of some of the elements that aid in calculating your insurance rates. When you understand what determines premiums, this enables informed choices that can earn you lower premium levels. Lots of factors are part of the equation when you get your auto insurance bill. Most are fairly basic like your driving record, but others are more obscure like your vehicle usage and annual miles driven.
Listed below are some of the most rate-impacting factors that factor into prices.
Save money by eliminating add-on coverages – There are a lot of add-on coverages that may not really be needed if you don’t pay attention. Insurance for things like rental car coverage, better glass coverage, and extra equipment coverage are examples of these. These coverages may sound good initially, but your needs may have changed so get rid of them and save.
Big cities have higher costs – Living in small towns and rural areas can save you money when shopping for auto insurance. Less people corresponds to lower accident rates in addition to lower liability claims. People in densely populated areas have congested traffic and higher rates of accident claims. More time behind the wheel translates into higher accident risk.
Cars with good safety ratings cost less to insure – Vehicles that have high safety ratings tend to have better insurance rates. Highly rated vehicles result in less severe injuries and reduced instances of injuries means less claims paid passed on to you as lower rates.
Single drivers may pay higher prices – Having a spouse may earn you lower rates on your policy. Marriage is viewed as being more financially stable and insurance companies reward insureds because drivers who are married are more cautious.
Volvo XC60 insurance loss probability – Car insurance companies take into consideration historical loss data for every vehicle as a way to help calculate a profitable premium price. Models that tend to have higher frequency or amount of claims will have increased rates. The next table illustrates the insurance loss data used by companies for Volvo XC60 vehicles.
For each coverage category, the claim probability for all vehicles averaged together equals 100. Values that are under 100 suggest a better than average loss history, while numbers shown that are more than 100 point to more losses or statistically larger claims.
| Specific Volvo Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Volvo XC60 4dr 2WD | 79 | 74 | 70 | 60 | 53 | 55 |
| Volvo XC60 4dr 4WD | 93 | 82 | 75 | 66 | 64 | 57 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Local Fort Wayne insurance agencies
Certain consumers would prefer to talk to an insurance agent and doing so can bring peace of mind Professional agents are highly skilled in risk management and help in the event of a claim. The best thing about comparing rate quotes online is that you can find lower premium rates and still buy from a local agent.
To find an agent, once you fill out this short form, your insurance coverage information is instantly submitted to local insurance agents in Fort Wayne that can provide free Fort Wayne auto insurance quotes for your insurance coverage. You won’t need to visit any agencies since price quotes are sent directly to you. If you need to quote rates from a specific company, feel free to jump over to their website and submit a quote form there.
Choosing an insurance company shouldn’t rely on just the price. Here are some questions you might want to ask.
- If they are an independent agency in Fort Wayne, which companies do they recommend?
- Will you get a loaner vehicle if you car is being repaired?
- Are claim adjusters local or do you have to take your car somewhere else?
- Do the coverages you’re quoting properly cover your vehicle?
- How often do they review policy coverages?
- Is their price quote a firm figure or are their hidden costs?
- Can you get a list of referrals?
Compare rates from both independent and exclusive car insurance agents
If you are searching for a reliable insurance agency, it helps to know the two different agency structures and how they function. Insurance policy providers may be either exclusive or independent. Both types can properly insure your vehicles, but it’s worth mentioning how they differ since it can affect the kind of agent you use.
Exclusive Insurance Agencies
Exclusive agents can only provide one company’s prices and examples are Allstate, Farmers Insurance or State Farm. These agents are not able to compare rates from other companies so keep that in mind. Exclusive agents receive a lot of sales training on their products and sales techniques which aids in selling service over price.
Below are Fort Wayne exclusive insurance agencies willing to provide price quotes.
Kent Paul – State Farm Insurance Agent
1505 W Dupont Rd – Fort Wayne, IN 46825 – (260) 478-2222 – View Map
Allstate Insurance: Kevin Gwozdz
5721 Covington Rd – Fort Wayne, IN 46804 – (260) 436-2866 – View Map
Allstate Insurance: Rolly Bhargava
4660 W Jefferson Blvd Ste 100 – Fort Wayne, IN 46804 – (260) 459-7673 – View Map
Independent Insurance Agencies
Independent agents are not employed by one company so they can insure your vehicles through many different insurance companies and find you cheaper rates. If they find a lower price, the business is moved internally which makes it simple for you. If you need cheaper insurance rates, you need to include price quotes from at least one independent agent in order to have the best price comparison.
Shown below are Fort Wayne independent agencies who can help you get price quotes.
PMG Agency
3711 Rupp Dr #103 – Fort Wayne, IN 46835 – (260) 436-9669 – View Map
Nationwide Insurance: Thompson Insurance and Financial Services Inc
10355 Dawsons Creek Blvd A – Fort Wayne, IN 46825 – (260) 347-4722 – View Map
Andrew Stores – Prudential Financial
2420 Coliseum Blvd North, Suite 100 – Fort Wayne, IN 46805 – (260) 310-6018 – View Map
Once you have received good feedback for all questions you ask as well as a affordable price, most likely you have located an insurance agency that can be relied on to insure your vehicles. But keep in mind it’s your policy and you can terminate coverage for any reason so never feel that you are permanently stuck with any particular company with no way out.
Don’t give up on cheaper rates
When shopping online for auto insurance, it’s not a good idea to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured dropped liability coverage limits to discover at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy the best coverage you can find at the lowest possible cost, but do not skimp to save money.
We just showed you many ways to lower your Volvo XC60 insurance car insurance rates in Fort Wayne. The key concept to understand is the more companies you get premium rates for, the higher your chance of finding affordable Volvo XC60 insurance quotes. You may even find the lowest priced auto insurance comes from the least-expected company. Smaller companies may have significantly lower premium rates on certain market segments compared to the large companies like Allstate and Progressive.
Budget-conscious Volvo XC60 insurance is definitely available online in addition to many Fort Wayne insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide the ability to get quotes online and these regional insurance providers only sell coverage through independent insurance agencies.
For more information, link through to these articles:
- Side Impact Crash Tests (iihs.org)
- What Insurance is Cheapest for a Toyota Camry in Fort Wayne? (FAQ)
- Who Has the Cheapest Car Insurance for Teachers in Fort Wayne? (FAQ)
- What are my Rights when Filing a Claim? (Insurance Information Institute)
- Credit Impacts Car Insurance Rates (State Farm)