Spending Too Much for Auto Insurance in Fishers Indiana? Here’s How to Save!

Paying for high-priced auto insurance can dwindle your checking account and force you to make sacrifices. Doing a price comparison is a great way to make sure you’re not throwing money away.

Many insurers compete for your business, and it can be difficult to compare rates and uncover the absolute best rate

Cut your auto insurance rates with discounts

Insuring your vehicles can cost a lot, buy you may qualify for discounts to help offset the cost. Some discounts apply automatically at quote time, but a few need to be requested specifically before you get the savings.

• Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
• Homeowners Discount – Being a homeowner can save you money because maintaining a house requires personal responsibility.
• Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save 10% or more on the medical payments or PIP coverage costs.
• Military Rewards – Being on active duty in the military could mean lower rates.
• Pay Now and Pay Less – If paying your policy premium upfront instead of paying each month you can actually save on your bill.

Drivers should understand that most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, you’re out of luck. But any discount will cut your overall premium however.

To see a list of providers offering auto insurance discounts in Fishers, follow this link.

Compare the Market for Auto Insurance in Fishers, IN

All the larger auto insurance companies such as Allstate and Progressive give prices for coverage online. The process doesn’t take a lot of time as you simply enter the amount of coverage you want as requested by the quote form. After the form is submitted, the system orders credit information and your driving record and returns pricing information determined by many factors. Online price quotes simplifies rate comparisons, but having to visit each company’s website and repetitively enter the same data into a form is not the best way to spend an afternoon. But it is imperative to perform this step if you are searching for a better rate.

Compare rates the easy way

The quickest way to locate the lowest prices utilizes a single form to obtain quotes from many companies. It saves time, reduces the work, and makes price shopping online a little more enjoyable. After sending your information, it is rated with multiple companies and you can pick any one of the quotes that you receive.

If a lower price is quoted, it’s easy to complete the application and purchase coverage. It can be completed in less than 10 minutes and may result in a nice savings.

In order to use this form to compare rates, click here to open in new window and enter your vehicle and coverage information. If you currently have coverage, we recommend you type in the coverage information as shown on your current policy. This way, you will be getting rate comparison quotes based on the exact same insurance coverage.

What impacts Fishers insurance rates?

Consumers need to have an understanding of the rating factors that come into play when calculating the price you pay for auto insurance. Knowing what determines base rates helps enable you to make changes that can help you get better auto insurance rates.

• Your age impacts your rates – Older drivers tend to be more responsible, file fewer claims and receive fewer citations. Young drivers are known to be more careless behind the wheel and because of this, their auto insurance rates are much higher.
• High crash test scores lower rates – Vehicles with good safety scores can get you lower premiums. These vehicles protect occupants better and lower injury rates translates into savings for insurance companies and more competitive rates for policyholders.
• Your car’s features help determine rates – Purchasing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your car from being stolen.
• Do you work long hours in a high stress job? – Jobs such as lawyers, executives and stock brokers are shown to have the highest rates in part from high stress and long work hours. On the other hand, jobs such as farmers, students and the unemployed pay the least.
• Bad driving skills means higher rates – Careful drivers tend to pay less for car insurance than bad drivers. Even one moving violation can boost insurance rates twenty percent or more. Drivers who have serious citations such as reckless driving, hit and run or driving under the influence may need to file a SR-22 with their state motor vehicle department in order to continue driving.
• Never go without insurance – Allowing your auto insurance policy to lapse is a fast way to pay more for auto insurance. Not only will you pay more, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
• Pay less if you’re married – Getting married can actually save you money when buying auto insurance. Having a significant other usually means you are more mature and responsible and it’s proven that married couples file fewer claims.

You are unique and your auto insurance should be too

When it comes to buying adequate coverage, there isn’t really a one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining if your situation would benefit from professional advice.

• Do I get a pro-rated refund if I cancel my policy early?
• How much liability coverage do I need in Indiana?
• What should my uninsured motorist coverage limits be in Indiana?
• Do I have coverage when pulling a U-Haul trailer?
• Do I need to file an SR-22 for a DUI in Indiana?
• Should I put collision coverage on all my vehicles?
• Should I buy more coverage than the required Indiana minimum liability coverage?
• Am I covered when driving a rental car?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Aren’t my neighborhood agents an option?

A small number of people just want to buy from a local agent and that is just fine! One of the great benefits of comparing insurance prices online is that you can obtain lower rates and still have an agent to talk to. And providing support for local businesses is especially important in Fishers.

To help locate an agent, after submitting this quick form, your information is immediately sent to insurance agents in Fishers who will battle for your coverage. There is no need to drive around due to the fact that quote results will go to your email. How cool is that?! You’ll get the best rates AND a local agent.

The different types of insurance agents

If you’re trying to find local Fishers agents, you need to know there are two different types of agents from which to choose. Insurance agencies in Fishers are either independent (non-captive) or captive.

Independent Agents

These agents do not work for one specific company so they can insure your vehicles with many different companies enabling the ability to shop coverage around. If your agent finds better pricing, an independent agent can move your coverage and you don’t have to find a new agent. When shopping rates, it’s recommended you get quotes from at a minimum one independent agency for maximum quote selection.

Listed below are Fishers independent insurance agencies who can help you get price quote information.

Keith Mathews Agency – 11504 Moore St – Fishers, IN 46038 – (317) 841-9988
Burnham and Flower Agency Inc – 10860 Blueberry Ln – Fishers, IN 46037 – (317) 598-0884
Sentry Insurance Co – 12461 Turkel Dr – Fishers, IN 46038 – (317) 570-8610
R Bruce Flynn Jr Insurance – 10031 E 126th St – Fishers, IN 46038 – (317) 577-8885

Agency Captives

Captive insurance agents are contracted to one company such as State Farm, AAA and Liberty Mutual. These agents are unable to give you multiple price quotes so keep that in mind. Captive agents are trained well on their products and sales techniques and that can be a competitive advantage.

Below is a short list of captive insurance agents in Fishers who can help you get rate quotes.

American Family Insurance – 9997 Allisonville Rd # A – Fishers, IN 46038 – (317) 577-5500
Farmers Insurance Group – 9915 Allisonville Rd # C – Fishers, IN 46038 – (317) 849-2696
State Farm Insurance – 8698 E 116th St – Fishers, IN 46038 – (317) 578-1100

To view a complete directory of Fishers captive insurance agents, visit this site.

Selecting an insurance agent needs to be determined by more than just the price. These questions are important to ask:

• Does the agency have a good rating with the Better Business Bureau?
• Does the company allow you to choose your own collision repair facility?
• Is vehicle damage repaired with OEM or aftermarket parts?
• Are there any discounts that you might be missing?
• What are the financial ratings for the companies they represent?

Once you have positive responses to all your questions and locked in a price quote, you have narrowed it down to an insurance agent that can service your policy.

Beware of misleading auto insurance ads

Allstate and Progressive regularly use television and radio advertisements. All the companies make an identical promise about savings if you move to their company. How do they all make almost identical claims? It’s all in the numbers.

All the different companies have a preferred profile for the type of customer they prefer to insure. A good example of a driver they prefer could be between 25 and 40, has no tickets, and has excellent credit. A customer getting a price quote who fits that profile is entitled to the best price and most likely will save a lot of money.

Potential customers who are not a match for these standards will be charged more money which leads to the driver buying from a lower-cost company. The ad wording is “customers that switch” not “people who quote” save that kind of money. This is how insurance companies can confidently make the claims of big savings.

That is why you need to compare many company’s rates. Because you never know the company that will give you the biggest savings.

Better coverage you can count on

Cost effective auto insurance can be purchased from both online companies and also from your neighborhood Fishers agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not provide the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

In this article, we covered many tips how you can reduce auto insurance prices online. The key thing to remember is the more times you quote, the better your comparison will be. Drivers may discover the lowest priced auto insurance comes from the smaller companies. Regional companies may only write in your state and offer lower rates compared to the large companies like Allstate, GEICO and Progressive.

Additional auto insurance information can be read on the website for the Indiana Department of Insurance found here. Indiana drivers can read consumer alerts, view a list of available companies, and file complaints about an insurance agent or broker.