Shocking but true, most drivers kept their policy with the same company for well over three years, and approximately 40% of consumers have never compared rates to find cheaper insurance. With the average auto insurance premium being $1,400, Indiana drivers could save about $700 every year by just comparing rate quotes, but they don’t believe the large savings they would see if they switch to a new company.
Truthfully, the best way to find lower priced auto insurance rates in Indianapolis is to start doing a yearly price comparison from different companies who can sell car insurance in Indiana. Rates can be compared by following these steps.
- Try to learn a little about how companies price auto insurance and the factors you can control to prevent expensive coverage. Many risk factors that drive up the price such as at-fault accidents, speeding tickets, and poor credit rating can be amended by improving your driving habits or financial responsibility.
- Compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Allstate, while independent agents can give you price quotes from multiple insurance companies.
- Compare the new rates to your current policy premium to see if you can save by switching companies. If you can save money and buy the policy, make sure there is no coverage gap between policies.
- Notify your company or agent to cancel your current car insurance policy. Submit payment and a completed application to the new insurer. Once the paperwork is finalized, place your new proof of insurance paperwork in an accessible location in your vehicle.
The most important part of shopping around is to make sure you’re comparing similar coverage information on every price quote and and to look at as many companies as you can. Doing this provides a fair rate comparison and the best price quote selection.
Buy Indianapolis Nissan Rogue insurance online
Reducing your Nissan Rogue insurance rates is not a difficult process. The only requirement is to take a couple of minutes comparing rate quotes to see which company has cheaper Indianapolis auto insurance quotes.
Online shopping is fast and free, and it makes it a waste of time to go to different Indianapolis agent offices. Buying insurance online can eliminate the need for a local agent unless you require the advice and guidance that can only be provided by a licensed insurance agent. It is possible to get prices online but buy from a local insurance agent.
The providers in the list below are our best choices to provide price comparisons in Indiana. If multiple providers are shown, it’s a good idea that you click on several of them to get a more complete price comparison.
Insurance coverage details
The rate information shown next highlights detailed analysis of coverage prices for Nissan Rogue models. Learning a little about how insurance policy rates are calculated is important to be able to make smart choices when choosing a car insurance company.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Rogue S 2WD||$240||$450||$428||$26||$128||$1,272||$106|
|Rogue S AWD||$240||$450||$428||$26||$128||$1,272||$106|
|Rogue SL 2WD||$240||$450||$428||$26||$128||$1,272||$106|
|Rogue SL AWD||$240||$530||$428||$26||$128||$1,352||$113|
|Get Your Own Custom Quote Go|
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Rate quotes do not factor in specific location which can lower or raise coverage rates significantly.
Annual premiums for males versus females
The chart below illustrates the difference between Nissan Rogue car insurance costs for male and female drivers. The rates are based on no claims, a clean driving record, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no discounts are applied.
Nissan Rogue liability-only versus full coverage
The example below visualizes the comparison of Nissan Rogue car insurance costs with and without full coverage. The costs are based on no claims or driving violations, $500 deductibles, drivers are not married, and no discounts are factored in.
Guidelines for eliminating full coverage
There is no set guideline of when to exclude comp and collision coverage, but there is a general school of thought. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let’s pretend your Nissan Rogue book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $8,000 after you pay the deductible. If you are paying more than $800 annually for your policy with full coverage, then it might be time to buy liability only.
There are some situations where removing full coverage is not financially feasible. If you haven’t satisfied your loan, you have to keep full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not remove full coverage.
Three reasons car insurance is important
Despite the high cost, maintaining insurance is required for several reasons.
- The majority of states have mandatory liability insurance requirements which means you are required to carry specific minimum amounts of liability if you drive a vehicle. 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.
- If your Rogue has a loan, most banks will force you to have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If you let the policy lapse, the lender will be forced to insure your Nissan at a significantly higher premium and require you to fork over much more than you were paying before.
- Insurance protects both your vehicle and your assets. It will also cover most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses in the event you are sued. If your Nissan gets damaged, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of buying car insurance are definitely more than the cost, especially for larger claims. According to a survey of 1,000 drivers, the average driver overpays as much as $800 each year so shop around at every renewal to make sure the price is not too high.
Learn How to Get Insurance for Less
Lots of factors are part of the calculation when you quote your car insurance policy. Some factors are common sense such as traffic violations, but other criteria are not as apparent like where you live or how financially stable you are.
- File claims and pay more – If you file a lot of claims you can definitely plan on either a policy non-renewal or much higher rates. Companies in Indiana generally give the best rates to policyholders who file claims infrequently. Auto insurance is intended for the large, substantial claims.
- Big cities mean more claims – Living in less populated areas of the country has it’s advantages when shopping for auto insurance. Lower population means a lower chance of having an accident as well as less vandalism and auto theft. People who live in big cities have much more traffic and more severe claims. More time on the road means more chances of being involved in an auto accident.
- Continuous coverage saves money – Not having insurance is a big no-no and you will pay a penalty because you let your coverage have a gap. Not only will rates go up, not being able to provide proof of insurance will get you a revoked license or a big fine.
- Commute or pleasure use – The more you drive in a year’s time the higher your rates will be. Almost all companies charge to insure your cars based upon how the vehicle is primarily used. Cars used primarily for pleasure use get more affordable rates compared to those used for work or business. It’s always a good idea to double check that your declarations sheet is showing the correct usage for each vehicle, because improper ratings can cost you money. Having an incorrect usage rating on your Rogue is throwing money out the window.
Tickets and citations cost more than a fine – Just one driving citation can bump up the cost forty percent or more. Careful drivers receive lower rates as compared to those with violations. Drivers who get dangerous citations like DUI, reckless driving or excessive speeding may find that they have to to prove financial responsibility with their state DMV in order to drive a vehicle legally.
The information below shows how traffic citations and fender-benders influence Nissan Rogue insurance premiums for different ages of insureds. The premiums are based on a single female driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.
Nissan Rogue statistical loss data – Insurance companies analyze claim trends for every vehicle when they calculate premium costs for each model. Models that statistically have a higher amount or frequency of claims will have a higher premium rate. The information below illustrates the actual insurance loss data for Nissan Rogue vehicles.
For each coverage category, the statistical loss for all vehicles combined as an average is set at 100. Percentage numbers below 100 indicate a favorable loss history, while values that are above 100 indicate frequent claims or statistically larger claims.
Nissan Rogue Insurance Loss Statistics Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Nissan Rogue 4dr 2WD 94 91 77 116 108 93 Nissan Rogue 4dr 4WD 94 92 79 117 106 87 Nissan Rogue Select 4dr 2WD 100 119 69 165 169 115 Nissan Rogue Select 4dr 4WD 107 136 69 154 159 132BETTERAVERAGEWORSE
Statistics from IIHS.org for 2013-2015 Model Years
Score discounts on Indianapolis auto insurance
Some providers don’t always list every possible discount very well, so the below list has both the well known and also the lesser-known credits that may apply to you.
- Discount for Swiching Early – Some auto insurance companies give discounts for switching policies prior to the expiration date on your current Rogue insurance policy. You can save around 10% with this discount.
- Distant College Student Discount – Children living away from Indianapolis attending college and do not have access to a covered vehicle could qualify for this discount.
- Discounts for Government Workers – Federal government employees could qualify for a slight premium decrease but check with your company.
- Seat Belt Usage – Forcing all vehicle occupants to wear their seat belts can save a little on the premium charged for medical payments and/or PIP.
- Pay Now and Pay Less – By making one initial payment instead of making monthly payments you can avoid monthly service charges.
- Claim Free – Claim-free drivers can earn big discounts when compared with bad drivers.
- Good Student Discount – A discount for being a good student can get you a discount of up to 25%. Many companies even apply the discount to college students up to age 25.
You should keep in mind that most discount credits are not given to the entire policy premium. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So when the math indicates you could get a free auto insurance policy, nobody gets a free ride. Any qualifying discounts will positively reduce your policy premium.
The diagram below visualizes the comparison of Nissan Rogue auto insurance costs with and without policy discounts. The prices are based on a female driver, no claims, a clean driving record, Indiana state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, claim-free, marriage, multi-policy, and safe-driver discounts applied.
A few popular companies and some of the premium reductions they offer include:
- American Family offers discounts including good student, TimeAway discount, air bags, good driver, defensive driver, and multi-vehicle.
- Nationwide includes discounts for family plan, Farm Bureau membership, anti-theft, multi-policy, accident-free, and defensive driving.
- MetLife has savings for multi-policy, good student, accident-free, defensive driver, good driver, claim-free
- 21st Century may offer discounts for homeowners, good student, 55 and older, automatic seat belts, defensive driver, anti-lock brakes, and driver training.
- Farmers Insurance offers discounts for bundle discounts, alternative fuel, early shopping, distant student, multi-car, and pay in full.
- Allstate may have discounts that include multi-policy, anti-lock brakes, EZ pay plan discount, good student, resident student, teenSMART discount, and eSmart discount.
Before purchasing a policy, check with every company how you can save money. A few discounts may not be available in every state.
Insurance agent or online?
Many people just want to sit down and talk to an agent and that is a smart decision Agents can make sure you are properly covered and help in the event of a claim. A nice benefit of comparing rates online is you may find lower rates and also buy local. Supporting local agencies is still important in Indianapolis.
Upon completion of this quick form, the quote information is emailed to local insurance agents in Indianapolis who will gladly provide quotes to get your business. It simplifies rate comparisons since you won’t have to drive around because prices are sent instantly to you. In the event you want to get a price quote from a specific car insurance provider, you can always navigate to their website to submit a rate quote request.
If you need to find an insurance agent, there are a couple of different types of agents that you can select. Agencies in Indianapolis are considered either independent or exclusive depending on the company they work for. Both can do a good job, but it is important to understand how they differ because it can influence your agent selection.
Independent Agents (or Brokers)
These type of agents do not work for one specific company so they can quote policies with multiple insurance companies and possibly get better coverage at lower prices. If prices rise, they simply move your policy to a different company and you don’t have to switch agencies.
If you are comparing rate quotes, it’s recommended you get several quotes from at least one independent agent to ensure the widest selection of prices.
Below are independent agencies in Indianapolis who may be able to give you free price quotes.
Exclusive Insurance Agents
Agents that choose to be exclusive can usually just insure with one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. They usually cannot provide prices from multiple companies so you might not find the best rates. Exclusive agents receive a lot of sales training on sales techniques which helps them sell insurance even at higher premiums.
Listed below is a list of exclusive insurance agencies in Indianapolis willing to provide price quotes.
Charlotte Adams-Jones – State Farm Insurance Agent
5034 E 56th St – Indianapolis, IN 46226 – (317) 252-5933 – View Map
Finding a good insurance agency requires more thought than just the premium amount. A good agent in Indianapolis will have answers to these questions.
- Is auto insurance their primary focus in Indianapolis?
- What companies can they write with?
- How long has their agency been in business in Indianapolis?
- Do they review policy coverages at every renewal?
- Do they feel the quoted coverages are adequate?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- What are their preferred companies if they are an independent agency?
Compare but don’t skimp
Cheaper insurance in Indianapolis can be found from both online companies and with local Indianapolis insurance agents, and you should be comparing both to get a complete price analysis. Some insurance providers may not provide the ability to get quotes online and many times these regional carriers only sell coverage through independent agents.
As you shop your coverage around, you should never reduce needed coverages to save money. In too many instances, an accident victim reduced liability coverage limits only to find out that it was a big error on their part. The ultimate goal is to purchase plenty of coverage at an affordable rate, but do not skimp to save money.
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for State Employees in Indianapolis? (FAQ)
- Who Has the Cheapest Indianapolis Auto Insurance for Drivers with Bad Credit? (FAQ)
- What Insurance is Cheapest for a Jeep Grand Cherokee in Indianapolis? (FAQ)
- Who Has Cheap Indianapolis Auto Insurance Quotes for Teenage Females? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers Requiring a SR22 in Indianapolis? (FAQ)
- How Much are Auto Insurance Rates for Drivers with a DUI in Indianapolis? (FAQ)
- How Much are Auto Insurance Quotes for Veterans in Indianapolis? (FAQ)
- Who Has Cheap Car Insurance Rates for a Ford Fusion in Indianapolis? (FAQ)
- Speed and Speed Limit FAQ (iihs.org)
- Collision Insurance Coverage (Nationwide)
- Choosing a Car for Your Teen (State Farm)
- Distracted Driving (Insurance Information Institute)