How Much is Auto Insurance for Drivers with Accidents in Indiana?

When shopping for cheaper insurance for drivers with at-fault accidents, one of the many criteria that is used by insurance companies to determine the amount you pay each year for auto insurance is where your home is located in Indiana. Areas that are densely populated or have higher claim frequency like Gary, Merrillville, and Lawrence are more likely to pay higher prices, whereas areas with less traffic congestion and claims generally pay lower insurance rates.

The illustration below illustrates the most expensive areas in Indiana for drivers with accidents to buy car insurance in.

Information shown are estimated as the vehicle garaging location can change premiums significantly.

The vehicle that is being insured is a significant factor that determines whether or not you can buy cheaper car insurance for drivers with accidents. Vehicles with average performance, good safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models.

The next tables presents auto insurance prices for a selection of the cheaper automobiles to buy coverage for.

Data assumes married female driver age 30, no speeding tickets, two at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, and multi-policy. Estimates do not factor in the specific area where the vehicle is garaged which can revise rates substantially.

Price data assumes married female driver age 30, no speeding tickets, two at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, and multi-policy. Rate quotes do not factor in garaging location in Indiana which can impact auto insurance rates considerably.

Table data assumes married female driver age 30, no speeding tickets, two at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Price information does not factor in specific location which can impact prices significantly.

Buying budget car insurance is easier said than done, and figuring out which insurers offer the cheapest insurance rates for drivers with accidents involves a bit more work. Coverage prices will most likely be a little bit pricier than the average rate in Indiana, with the increase attributed to the extra risk related to selling coverage for drivers with at-fault accidents, but economical insurance should be attainable if you compare enough rates.

Each insurer has their own unique process for establishing rates, so first we will examine the overall cheapest insurance companies in Indiana.

Cheapest Insurance Rates for Accident Prone Drivers

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Travelers quotes some of the lowest car insurance rates in Indiana at around $620 a year. Cincinnati Insurance, USAA, Erie, and Western Reserve would also be considered some of the cheapest Indiana auto insurance companies.

In this example, if you buy coverage from Erie and switched to Cincinnati Insurance, you could realize a yearly price reduction of around $68. Policyholders with Western Reserve may save as much as $188 a year, and The Hartford policyholders might see rate reductions of $197 a year.

To see if your current coverage is too expensive, click here to start your free quote or click through to the companies below.

It’s important to note that these estimates are averaged for all insureds and vehicles and are not factoring in a price increase for drivers with accidents. So the insurer that is most affordable for your situation may not even be included in the above list. That illustrates why you need to get rate quotes using your own driver information and specific vehicle type.

The information below demonstrates how choosing different deductibles can affect annual premium costs when searching for cheap insurance for drivers with accidents. The data assumes a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.

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The chart above illustrates that a 30-year-old driver could cut expenses by $306 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $460 by choosing a $1,000 deductible. Youthful drivers, like the age 20 example, could roll back prices up to $678 every year just by choosing higher deductibles when buying full coverage.

When insureds make the decision to increase the deductibles on their policy, it will be important to have additional funds squirreled away to enable you to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.