It’s a known fact that auto insurance companies want to prevent you from shopping around. Insureds who shop around are very likely to buy a new policy because there is a good probability of finding a lower-priced policy. A recent auto insurance study discovered that people who compared prices regularly saved an average of $70 a month compared to drivers who don’t make a habit of comparing rates.
If finding the most affordable auto insurance in Indianapolis is your intention, then having a good understanding the best way to shop and compare insurance rates can make it easier for you to save money.
To save the most money, the best way to find more affordable car insurance rates is to start comparing prices regularly from providers in Indianapolis.
Step 1: Spend a few minutes and learn about how car insurance works and the factors you can control to keep rates in check. Many factors that result in higher prices such as your driving record and a bad credit rating can be improved by making minor changes to your lifestyle. This article gives more details to prevent rate hikes and get bigger discounts.
Step 2: Request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from a single company like GEICO or State Farm, while independent agents can provide rate quotes from multiple companies. View prices
Step 3: Compare the price quotes to your existing coverage to see if a cheaper price is available in Indianapolis. If you can save money, verify that coverage does not lapse between policies.
Step 4: Provide adequate notice to your current company to cancel your existing policy and submit a completed policy application and payment to your new carrier. Don’t forget to put the new certificate of insurance with the vehicle registration.
One thing to point out is to make sure you’re comparing identical coverage information on each quote request and and to get quotes from every insurance company. This ensures the most accurate price comparison and the most accurate and complete price analysis.
Buying the cheapest auto insurance in Indianapolis is easy if you know what you’re doing. Virtually every car owner who shops around for auto insurance will more than likely be able to save money. But Indiana car owners do need to know the methods companies use to sell online and apply this information to your search.
Compare quotes for Indianapolis Mercedes-Benz C350 insurance
Keep in mind that obtaining a wide range of quotes helps increase your odds of locating a lower rate than you’re paying now. Some insurance companies are not set up to provide online Indianapolis C350 insurance quotes, so it’s important to also get quotes from the smaller companies as well.
The companies shown below can provide comparison quotes in Indianapolis, IN. If the list has multiple companies, it’s highly recommended you visit as many as you can to get a more complete price comparison.
Cheap Indianapolis insurance rates with discounts
Insurance is not inexpensive, but you might be missing out on some discounts that can drop the cost substantially. Certain reductions will be credited at the time of quoting, but lesser-known reductions have to be requested specifically before you will receive the discount.
- Student Driver Training – Require your teen driver to complete a driver education course if it’s offered in school.
- Active Service Discounts – Being on active deployment in the military may qualify for rate reductions.
- Employee of Federal Government – Active or retired federal employment could provide a small rate reduction but check with your company.
- Discount for Good Grades – Performing well in school can be rewarded with saving of up to 25%. You can use this discount normally well after school through age 25.
- Air Bag Discount – Cars that have air bags may get savings of up to 25% or more.
- Safety Course Discount – Participating in a course that instructs on driving safety is a good idea and can lower rates if you qualify.
- Anti-theft System – Anti-theft and alarm system equipped vehicles can help prevent theft and qualify for as much as a 10% discount.
- Discounts for Good Drivers – Drivers who avoid accidents could pay up to 40% less than less cautious drivers.
One thing to note about discounts is that some credits don’t apply to your bottom line cost. Most only reduce individual premiums such as medical payments or collision. If you do the math and it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.
The diagram below illustrates the comparison of Mercedes-Benz C350 car insurance costs with and without discounts applied to the premium. The premium estimates are based on a male driver, no claims, a clean driving record, 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, claim-free, multi-policy, multi-car, safe-driver, and marriage discounts applied.
Auto insurance companies that may include most of these discounts may include but are not limited to:
It’s a good idea to ask all the companies to apply every possible discount. Some of the discounts discussed earlier might not apply everywhere. To locate providers who offer discounts in Indiana, click here to view.
Rates and statistics
The price information shown below covers detailed analysis of prices for Mercedes-Benz C350 models. Learning as much as possible about how insurance prices are formulated can be useful when making smart choices when purchasing an auto insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|C350 W 4-Dr Sedan||$262||$610||$318||$18||$94||$1,302||$109|
|Get Your Own Custom Quote Go|
Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Information does not factor in Indianapolis location which can raise or lower insurance rates substantially.
The information below shows how choosing a deductible and can affect Mercedes-Benz C350 insurance premiums for different insured age categories. The price estimates are based on a married male driver, full physical damage coverage, and no additional discounts are factored in.
How accidents and violations affect rates
The example below demonstrates how citations and at-fault fender-benders raise Mercedes-Benz C350 auto insurance rates for different age categories. The premium estimates are based on a single female driver, comp and collision included, $1,000 deductibles, and no policy discounts are applied.
Learn How to Lower Your Insurance Costs
Consumers need to have an understanding of some of the elements that come into play when calculating your premiums. When you know what positively or negatively determines base rates, this helps enable you to make changes that can earn you big savings.
Rates are affected by your address – Having an address in small towns and rural areas is a positive aspect when buying car insurance. Lower population means fewer accidents and also fewer theft and vandalism claims. Drivers who live in large Indiana cities tend to have more road rage incidents and more severe claims. More time behind the wheel means more chance of being in an accident.
Car insurance policy lapses increase prices – Going without insurance is a quick way to pay more for car insurance. And not only will insurance be more expensive, failure to provide proof of insurance might get you a license revocation or jail time. You may then be required to submit proof of financial responsibility or a SR-22 with the Indiana motor vehicle department to get your license reinstated.
Mature drivers pay less – Older people tend to be more responsible, cause fewer claims and accidents, and get fewer tickets. Beginning drivers have a tendency to get distracted easily behind the wheel so they pay higher car insurance rates.
The next chart uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.
Prevent theft and save – Owning a car with a theft deterrent system can earn a premium discount. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping auto theft and help lower rates.
Your liability protection limits – The liability section of your policy kicks in if ever a court rules you are at fault for an accident. Your policy’s liability insurance provides for a legal defense which can cost thousands of dollars. Liability is cheap compared to comp and collision, so do not cut corners here.
Men are more aggressive – Over the last 50 years, statistics have shown women are more cautious behind the wheel. This data doesn’t prove that women are BETTER drivers than men. Both sexes are responsible for accidents at about the same rate, but the males cause more damage. They also get ticketed for serious violations like DWI (DUI) or reckless driving. Males from age 16 to 21 generally have the highest accident percentage and thus pay the highest rates.
The diagram below visualizes the comparison of Mercedes-Benz C350 insurance costs for male and female drivers. The premium estimates are based on no claims, a clean driving record, comp and collision included, $250 deductibles, drivers are not married, and no discounts are applied.
When do I need to talk to an insurance agent?
Certain consumers still prefer to have an agent’s advice and we recommend doing that One of the great benefits of getting online price quotes is that drivers can save money and get the lowest rates but still work with a licensed agent.
Upon completion of this simple form, the quote information is instantly submitted to local insurance agents who want to provide quotes for your coverage. There is no reason to contact an agency as quotes are delivered immediately to your email address. You can most likely find cheaper rates and an insurance agent to talk to. If you want to compare rates from one company in particular, feel free to jump over to their website and give them your coverage information.
Choosing the best insurer needs to be determined by more than just a cheap price quote. Here are some questions you should ask.
- Do they have cheaper tiers of coverage?
- If your car is totaled, how to they determine the replacement cost?
- Can they give you a list of client referrals?
- Where would glass claims be handled in Indianapolis?
- Does the agency provide any after hours assistance?
- How many years have they been established?
If you need to find a reliable insurance agency, it’s helpful to know the different types of agents that differ in how they can insure your vehicles. Car insurance agents in Indianapolis are classified as either independent agents or exclusive agents.
Exclusive insurance agents write business for a single company such as American Family, State Farm, and AAA. Exclusive agents cannot place coverage with different providers so they really need to provide good service. Exclusive insurance agents are usually well trained on sales techniques which helps them sell on service rather than price.
Shown below are exclusive insurance agencies in Indianapolis that can give you rate quotes.
Independent Insurance Agents
Independent insurance agents do not sell for just one brand and that is an advantage because they can write policies with lots of companies and find the cheapest car insurance rates. To move your coverage to a new company, your policy is moved internally which makes it simple for you.
If you are comparing rate quotes, we recommend you get insurance quotes from several independent insurance agents so that you can do a thorough price comparison.
Listed below is a short list of independent insurance agencies in Indianapolis that can give you rate quotes.
How much insurance do I need?
Always keep in mind that when comparing adequate coverage for your personal vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.
These are some specific questions might point out if your situation might need professional guidance.
- What can I do if my company won’t pay a claim?
- Should I carry comprehensive and collision coverage?
- What does medical payments cover?
- Does my policy pay for OEM or aftermarket parts?
- Is my nanny covered when transporting my kids?
- Am I covered by my spouse’s policy after a separation?
If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form.
More comparisons equals affordable rates
When buying insurance coverage, never buy poor coverage just to save money. There have been many cases where drivers have reduced full coverage only to regret at claim time that it was a big mistake. Your strategy should be to get the best coverage possible at the best price.
Cost effective Mercedes-Benz C350 insurance is attainable online as well as from independent agents in Indianapolis, and you should compare price quotes from both so you have a total pricing picture. Some insurance providers do not provide the ability to get quotes online and most of the time these small, regional companies work with independent insurance agents.
Consumers who switch companies do it for many reasons like lack of trust in their agent, denial of a claim, high rates after DUI convictions and even delays in paying claims. Regardless of your reason, choosing a new company is actually quite simple.
For more information, feel free to visit the following helpful articles:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- What Car Insurance is Cheapest for a Chevrolet Silverado in Indianapolis? (FAQ)
- Who Has Affordable Car Insurance for a Honda Accord in Indianapolis? (FAQ)
- How Much are Indianapolis Auto Insurance Quotes for Low Mileage Drivers? (FAQ)
- Steps to Take After an Auto Accident (Insurance Information Institute)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)