Inconceivable but true, almost 70% of drivers have bought insurance from the same company for at least the last four years, and approximately 38% of consumers have never quoted insurance rates at all. Indianapolis drivers could cut their rates by almost $700 a year just by comparing rates, but most undervalue the benefits if they switched to a more affordable policy.
If saving the most money is your goal, then the best way to find affordable quotes for Dodge Caliber insurance is to compare prices once a year from providers in Indianapolis.
- First, read and learn about how insurance companies determine prices and the things you can control to prevent expensive coverage. Many rating factors that are responsible for high rates such as at-fault accidents, speeding tickets, and an unacceptable credit score can be rectified by making minor driving habit or lifestyle changes.
- Second, request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes from multiple companies. Begin your rate comparison
- Third, compare the quotes to the premium of your current policy and see if there is a cheaper rate. If you find better rates, make sure there is no lapse in coverage.
- Fourth, give proper notification to your current agent or company of your intention to cancel your existing policy and submit payment and a signed application to the new company. As soon as you can, keep the new certificate of insurance in your glove compartment.
A good tip to remember is that you’ll want to make sure you compare the same deductibles and limits on every quote request and and to get quotes from every company you can. This guarantees a fair rate comparison and a thorough selection of prices.
Our goal is to help you learn how auto insurance companies operate and also save some money in the process If you have insurance now, you should be able to buy cheaper auto insurance using the ideas covered in this article. Nevertheless, Indiana car owners do need to know the way companies market on the web and use it to find better rates.
Companies offering Dodge Caliber insurance in Indianapolis
The companies shown below are our best choices to provide free quotes in Indianapolis, IN. If multiple providers are shown, we recommend you visit several of them in order to find the most affordable rates.
Dodge Caliber insurance charts and tables
The coverage table below highlights different insurance rates for Dodge Caliber models. Learning a little about how auto insurance premiums are determined can help you make informed purchases.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Price information does not factor in specific location which can affect coverage rates noticeably.
The diagram below demonstrates how deductible levels and can affect Dodge Caliber premium costs for each age group. The premiums assume a married male driver, full coverage, and no discounts are applied.
Violations and accidents raise rates
The information below shows how traffic citations and at-fault collisions can raise Dodge Caliber insurance costs for different categories of driver ages. The data assumes a married female driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.
Comparison of auto insurance rates by gender
The diagram below illustrates the comparison of Dodge Caliber insurance premiums for male and female drivers. The data is based on no claims or driving citations, full coverage, $500 deductibles, drivers are single, and no discounts are taken into consideration.
Should you buy full coverage?
The information below illustrates the comparison of Dodge Caliber insurance premiums when comparing full coverage to state minimum liability only. The data assumes no accidents, no driving violations, $100 deductibles, drivers are not married, and no discounts are factored in.
Should you buy full coverage or liability only?
There is no definitive formula that works best for making the decision to drop comp and collision coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.
For example, let’s say your Dodge Caliber settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $6,000 after you pay the deductible. If premiums are more than $600 a year for full coverage, then you might want to think about dropping full coverage.
There are a few situations where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
These eight discounts can lower your car insurance rates
Companies offering auto insurance don’t list every discount available in a way that’s easy to find, so we break down a few of the more well known and also the more inconspicuous credits available to lower your premiums when you buy Indianapolis auto insurance online.
- Indianapolis Homeowners Pay Less – Owning a home in Indianapolis can help you save on car insurance because of the fact that having a home is proof that your finances are in order.
- Federal Employees – Federal government employees may reduce rates when you quote Indianapolis auto insurance depending on your car insurance provider.
- Student Driver Training – Have your child take driver’s ed class if offered at their school.
- Paperwork-free – Certain larger companies will give you a small discount shop Indianapolis auto insurance on your computer.
- Multiple Policy Discount – When you have multiple policies with the same insurance company you could earn a discount of approximately 10% to 15%.
- Club Memberships – Belonging to specific professional or occupational memberships or organizations could earn you a nice discount on car insurance.
- Defensive Driver Discount – Taking a course teaching driver safety skills may get you a small discount if your company offers it.
- Seat Belts Save – Buckling up and requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
Keep in mind that most of the big mark downs will not be given to the whole policy. Most cut the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will lower the cost of coverage.
The chart below visualizes the comparison of Dodge Caliber insurance premiums with and without discounts applied to the policy rates. The costs are based on a female driver, no violations or claims, Indiana state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, homeowner, multi-car, marriage, and multi-policy discounts applied.
If you would like to view insurance companies who offer free Dodge Caliber insurance quotes in Indiana, follow this link.
Your auto insurance coverage should be tailored to you
When it comes to choosing the best auto insurance coverage, there is no one-size-fits-all type of policy. Everyone’s situation is a little different and your policy should reflect that.
Here are some questions about coverages that can help discover if you may require specific advice.
- Do I have coverage if my license is suspended?
- Why am I required to get a high-risk car insurance policy?
- Am I covered if I hit a deer?
- Should I rate my Dodge Caliber as pleasure use or commute?
- What if I total my Dodge Caliber and owe more than it’s worth?
- Does my liability insurance cover pulling a trailer or camper?
- Is my custom paint covered by insurance?
- Which is better, split liability limits or combined limits?
- Can I drive in Mexico and have coverage?
- What does PIP insurance cover?
If you don’t know the answers to these questions then you might want to talk to an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.
Buying from insurance agencies
A small number of people prefer to talk to an insurance agent and that can be a smart move One of the great benefits of price shopping on the web is you can get the lowest rates but also keep your business local. Buying insurance from local agencies is definitely important in Indianapolis.
To help locate an agent, after submitting this short form, the quote information is transmitted to local insurance agents who will give you quotes for your insurance coverage. It makes it easy because there is no need to visit any agencies because prices are sent immediately to your email address. It’s the lowest rates AND an agent nearby. In the event you want to compare rates for a specific company, feel free to search and find their rate quote page and complete a quote there.
Exclusive agents vs. Independent agents
If you are wanting to find local Indianapolis agents, you should know the different types of agents and how they can write your policy. Auto insurance agents are categorized either independent (non-exclusive) or exclusive.
These type of agents are not restricted to one company so they have the ability to put coverage with a variety of different insurance companies and potentially find a lower price. If you want to switch companies, your agent can just switch to a different company and you don’t have to do anything.
If you are comparing rate quotes, we recommend you get quotes from several independent agencies so that you have a good selection of quotes to compare. Most can insure with smaller regional carriers that may provide cheaper auto insurance rates.
Below is a small list of independent agencies in Indianapolis that may be able to give you cheap rate quotes.
- Indiana Discount Insurance
5502 N Keystone Ave – Indianapolis, IN 46220 – (317) 863-0349 – View Map
- Gregory and Appel Insurance
1402 N Capitol Ave #400 – Indianapolis, IN 46202 – (317) 634-7491 – View Map
- McClain Matthews Insurance
6329 Hollister Dr – Indianapolis, IN 46224 – (317) 298-7500 – View Map
Exclusive Auto Insurance Agencies
Exclusive agents can only provide pricing for a single company like Farmers Insurance, State Farm, or Allstate. They usually cannot provide rate quotes from other companies so they really need to provide good service. Exclusive agents are well trained on the products they sell which helps offset the inability to provide other markets. Consumers frequently buy from exclusive agents mostly because of high brand loyalty and solid financial strength.
Listed below are Indianapolis exclusive agents that are able to give price quote information.
- State Farm: Rahvy Murray
3955 Eagle Creek Pkwy E – Indianapolis, IN 46254 – (317) 297-3804 – View Map
- Allstate Insurance: Sarah Franke
916 Shadeland Ave – Indianapolis, IN 46219 – (317) 359-8271 – View Map
- Jerry Ortner – State Farm Insurance Agent
7424 Rockville Rd – Indianapolis, IN 46214 – (317) 273-0709 – View Map
Choosing an auto insurance agent should depend on more than just the premium amount. Any agent in Indianapolis should be forthright in answering these questions:
- Are claim adjusters local or do you have to take your car somewhere else?
- Does the agency have a good rating with the Better Business Bureau?
- How many companies do they write for?
- Do the companies they represent have a solid financial rating?
- Do they have 24-hour customer assistance?
- Will you get a loaner vehicle if you car is being repaired?
Auto insurance 101
Learning about specific coverages of a car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Car insurance terms can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages found on the average car insurance policy.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many Indiana drivers only carry the minimum required liability limits (Indiana limits are 25/50/10), their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Most of the time these limits are similar to your liability insurance amounts.
Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for claims such as hitting a parking meter, hitting a mailbox, crashing into a building, damaging your car on a curb and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible on your Caliber to bring the cost down.
Medical payments and PIP coverage – Med pay and PIP coverage kick in for short-term medical expenses for prosthetic devices, ambulance fees and doctor visits. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states and may carry a deductible
Comprehensive auto coverage – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like hitting a bird, theft and hail damage. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Auto liability – Liability coverage can cover damage that occurs to other people or property in an accident. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/10 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $10,000 of coverage for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.
Liability coverage pays for claims such as medical services, loss of income, structural damage, funeral expenses and attorney fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford. Indiana requires minimum liability limits of 25/50/10 but you should think about purchasing higher limits.
The illustration below shows why the minimum limit may not provide you with enough coverage.
Compare rates regularly to save
More affordable auto insurance in Indianapolis is possible on the web and also from your neighborhood Indianapolis agents, so you should compare both to have the best rate selection. There are still a few companies who may not have internet price quotes and these regional insurance providers work with local independent agencies.
When getting Indianapolis auto insurance quotes online, never buy poor coverage just to save money. In many cases, someone sacrificed uninsured motorist or liability limits only to regret at claim time they didn’t purchase enough coverage. Your goal is to buy a smart amount of coverage at the best price while not skimping on critical coverages.
We’ve covered a lot of ways to save on Dodge Caliber insurance in Indianapolis. The most important thing to understand is the more quotes you get, the better likelihood of getting inexpensive Indianapolis auto insurance quotes. Consumers may even find the most savings is with the least-expected company. They may often insure only within specific states and give better rates than their larger competitors like State Farm, GEICO and Nationwide.
For more information, link through to these articles:
- Information for Teen Drivers (GEICO)
- What Car Insurance is Cheapest for a Nissan Versa in Indianapolis? (FAQ)
- What Car Insurance is Cheapest for a Chevrolet Silverado in Indianapolis? (FAQ)
- Who Has the Cheapest Indianapolis Auto Insurance for Drivers with Bad Credit? (FAQ)
- What Car Insurance is Cheapest for Teachers in Indianapolis? (FAQ)
- What Auto Insurance is Cheapest for Lyft Drivers in Indianapolis? (FAQ)
- Who Has the Cheapest Auto Insurance for Unemployed Drivers in Indianapolis? (FAQ)
- Who Has Affordable Auto Insurance for 4×4 Vehicles in Indianapolis? (FAQ)
- Who Has Affordable Car Insurance Quotes for Ride Shares in Indianapolis? (FAQ)
- Senior Drivers (Insurance Information Institute)
- Credit and Insurance Scores (Insurance Information Institute)
- Electronic Stability Control FAQ (iihs.org)
- Distracted Driving Extends Beyond Texting (State Farm)