It’s an obvious assumption that insurance companies don’t want their policyholders to compare prices. Insureds who shop around for a cheaper policy will presumably buy a different policy because they stand a good chance of finding a lower-priced company. A recent study showed that drivers who routinely shopped around saved on average $865 annually as compared to drivers who never shopped around for cheaper prices.
If finding the lowest rates on Buick Rainier insurance is your objective, then knowing how to get free comparison quotes and analyze insurance rates can make it simple to find affordable coverage.
The best way to get cheaper auto insurance rates in Indianapolis is to compare quotes annually from insurers who sell auto insurance in Indiana.
Step 1: Try to understand how auto insurance works and the changes you can make to keep rates down. Many factors that result in higher rates like multiple speeding tickets and poor credit can be rectified by making minor changes to your lifestyle.
Step 2: Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive or State Farm, while independent agencies can provide rate quotes from multiple insurance companies.
Step 3: Compare the new rates to the premium of your current policy and determine if cheaper Rainier coverage is available in Indianapolis. If you find a lower rate quote and make a switch, ensure there is no coverage lapse between policies.
Step 4: Provide written notification to your current company to cancel your current coverage and submit a signed application and payment to your new agent or company. Once received, place the new certificate verifying coverage along with your vehicle registration.
One tip to remember is to try to use the same physical damage deductibles and liability limits on every quote and and to get price estimates from every company you can. Doing this enables an accurate price comparison and the best price quote selection.
Locating the best insurance company for you in Indianapolis is really quite easy. If you have insurance now, you will be able to cut your premiums using these techniques. You just have to use the most effective way to compare prices over the internet.
Four Tips to Get Cheaper Indianapolis Insurance Prices
Multiple criteria are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, although some other factors are less obvious such as your marital status or your commute time.
The list below includes just a few of the factors utilized by car insurance companies to help set your premiums.
- Auto insurance rates and your vocation – Did you know that where you work can have an impact on rates? Occupations like judges, executives, and miners usually pay the highest average rates attributed to intense work requirements and lots of time spent away from family. Conversely, occupations like professors, engineers and retirees get better rates.
- Do you really need roadside assistance? – There are many additional coverages that can waste your money if you aren’t careful. Add-on coverages like rental car coverage, accidental death, and term life insurance may not be needed and are just wasting money. They may seem good when discussing your needs, but if you’ve never needed them in the past consider taking them off your policy.
- Bad drivers pay high premiums – How you drive has a huge affect on how much you pay. Having just one moving violation can increase the cost of insurance twenty percent or more. Drivers with clean records tend to pay less for car insurance than their less careful counterparts. Drivers who have received flagrant tickets like reckless driving, hit and run or driving under the influence may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive.
- Do you know your coverage deductibles? – Your deductibles are the amount of money you are willing to pay out-of-pocket before a claim is paid by your company. Insurance for physical damage, aka comp and collision, insures against damage to your car. Some instances where coverage would apply could be colliding with a stationary object, damage caused by hail, and having a roll-over accident. The higher the amount you’re willing to pay, the lower your rates will be.
The companies shown below are our best choices to provide price comparisons in Indiana. If multiple providers are shown, it’s highly recommended you compare several of them in order to get a fair rate comparison.
It may be expensive, but it’s not optional
Even though Indianapolis Rainier insurance rates can get expensive, auto insurance is required for several reasons.
First, the majority of states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability coverage in order to get the vehicle licensed. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your Buick Rainier, almost all lenders will make it mandatory that you have insurance to ensure the loan is repaid in case of a total loss. If you default on your policy, the lender may insure your Buick at a significantly higher premium and require you to reimburse them a much higher amount than you were paying before.
Third, insurance protects both your car and your personal assets. It will also provide coverage for many types of medical costs for you, any passengers, and anyone injured in an accident. Liability coverage will also pay attorney fees if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, your policy will pay to have it repaired.
The benefits of having auto insurance more than cancel out the cost, particularly for liability claims. But the average American driver is wasting up to $750 every year so smart consumers compare quotes at every policy renewal to make sure the price is not too high.
Take policy discounts and save on Buick Rainier insurance in Indianapolis
The cost of insuring your cars can be expensive, but companies offer discounts that you may not know about. Many of these discounts will be applied automatically at the time you complete a quote, but a few need to be specifically requested before you get the savings.
- Discounts for Cautious Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates compared to rates paid by drivers with frequent claims.
- Anti-theft System – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and will save you 10% or more on Rainier insurance in Indianapolis.
- Government Employee Discount – Employees or retirees of the government could qualify for a slight premium decrease depending on your insurance provider.
- Bundled Policy Discount – If you have multiple policies and place coverage with the same company they may give you a discount of up to 20% off your total Rainier insurance premium.
- Smart Student Discounts – Being a good student may save as much as 25% on a Indianapolis car insurance quote. The good student discount can last until age 25.
- Indianapolis Homeowners Pay Less – Simply owning a home can get you a discount because owning a home means you have a higher level of financial diligence.
- Online Discount – A few larger online companies may give you up to $50 get Indianapolis car insurance online.
- Defensive Driver Discounts – Participating in a course that instructs on driving safety could save 5% or more if you qualify.
- Payment Discounts – If you can afford to pay the entire bill rather than spreading payments over time you could save 5% or more.
- Accident Waiver – Not necessarily a discount, but some companies like Liberty Mutual, Allstate and State Farm allow you one accident without the usual rate increase so long as you are claim-free before the accident.
A little disclaimer on discounts, most discount credits are not given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, companies don’t profit that way.
Large insurance companies and their possible discounts include:
- American Family discounts include mySafetyValet, good student, early bird, bundled insurance, multi-vehicle, and accident-free.
- State Farm policyholders can earn discounts including defensive driving training, student away at school, passive restraint, Drive Safe & Save, safe vehicle, anti-theft, and driver’s education.
- 21st Century may have discounts that include early bird, air bags, 55 and older, theft prevention, teen driver, homeowners, and automatic seat belts.
- Travelers includes discounts for early quote, IntelliDrive, new car, payment discounts, save driver, good student, and hybrid/electric vehicle.
- GEICO has savings for anti-theft, daytime running lights, federal employee, air bags, anti-lock brakes, emergency military deployment, and good student.
Check with each company to give you their best rates. Savings may not apply to policies in Indianapolis. To see companies with discount insurance rates in Indianapolis, follow this link.
Buying from car insurance agents
A small number of people would prefer to buy from a licensed agent and that is recommended in a lot of cases Agents are trained to spot inefficiencies and help in the event of a claim. One of the best bonuses of getting online price quotes is that you can find cheap auto insurance rates and still choose a local agent.
Upon completion of this short form, your insurance data is submitted to insurance agents in Indianapolis who want to provide quotes to get your business. You never need to drive around since rate quotes are delivered to you instantly. If for some reason you want to get a comparison quote for a specific company, don’t hesitate to navigate to their website and fill out their quote form.
Finding the right company shouldn’t rely on just a cheap price. The answers to these questions are important, too.
- How are claims handled?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Do they offer accident forgiveness?
- Are there any extra charges for paying monthly?
- Is working in the agency their full-time job?
- Is the agent and/or agency licensed to do business in Indiana?
If you are wanting to find a local agent, it’s important to understand the different agency structures and how they can quote your rates. Insurance agencies in Indianapolis may be either independent or exclusive depending on the company they work for. Both properly insure your vehicles, but it’s worth learning the difference in how they write coverage since it can affect which type of agent you select.
Exclusive Auto Insurance Agencies
These agents are contracted to one company and some examples include State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot compare other company’s rates so you need to shop around if the rates are high. They are highly trained on their company’s products and that enables them to sell even at higher rates. Consumers sometimes purchase coverage from exclusives mostly because of the brand name rather than low price.
Listed below are exclusive agencies in Indianapolis who may provide you with comparison quotes.
- Sarah Holtrup – State Farm Insurance Agent
1480 W Southport Rd c – Indianapolis, IN 46217 – (317) 888-5200 – View Map
- Leland Brown Sr. – State Farm Insurance Agent
5936 N Keystone Ave #201 – Indianapolis, IN 46220 – (317) 251-1400 – View Map
- Charlotte Adams-Jones – State Farm Insurance Agent
5034 E 56th St – Indianapolis, IN 46226 – (317) 252-5933 – View Map
Independent Agents (or Brokers)
These type of agents often have affiliation with several companies so as a result can place your coverage with a variety of different insurance companies and help determine which has the cheapest rates. If your premiums go up, they simply move your policy to a different company and the insured can keep the same agent.
When comparing rates, we highly recommend that you include several independent agencies in order to compare the most rates. Most also have access to less well-known companies that many times have cheaper rates.
The following is a list of independent insurance agents in Indianapolis willing to provide comparison quotes.
- Access Auto Insurance
2107 W Washington St – Indianapolis, IN 46222 – (317) 687-8807 – View Map
- Gregory and Appel Insurance
1402 N Capitol Ave #400 – Indianapolis, IN 46202 – (317) 634-7491 – View Map
- Affordable Insurance Agency
10 S Mickley Ave – Indianapolis, IN 46241 – (317) 484-9195 – View Map
More effort can pay off
People who switch companies do it for many reasons like denial of a claim, questionable increases in premium, poor customer service or delays in responding to claim requests. It doesn’t matter why you want to switch finding a new company can be easier than you think.
Some car insurance companies may not provide the ability to get quotes online and these smaller companies only sell through independent insurance agencies. Low-cost Buick Rainier insurance in Indianapolis is attainable online in addition to many Indianapolis insurance agents, and you need to price shop both so you have a total pricing picture.
In this article, we covered a lot of information how to get a better price on Buick Rainier insurance in Indianapolis. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Consumers may even find the lowest prices come from a lesser-known regional company.
Additional detailed information is located at these sites:
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- How Much is Indianapolis Auto Insurance for a Ford Escape? (FAQ)
- How Much are Indianapolis Car Insurance Rates for a Hyundai Sonata? (FAQ)
- Safe Vehicles for Teens (iihs.org)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Insurance Losses by Make and Model (iihs.org)