You have probably watched the captivating ads from auto insurance companies like The General and Allstate that say if you switch you'll get big savings, so you should just choose any one of them, right?
Unfortunately, it's just not that easy, as there are a ton of unknown elements like whether you just need liability insurance, if you have a tendency to get pulled over, when you were born, and if you own or rent your home, that all impact the cost of coverage. We will touch on the different ways you can keep rates low and will hopefully give the reader some help in finding cheaper rates.
The vehicle on the policy is one of the main factors when consumers are trying to find cheaper auto insurance for nurses. Vehicles with lower acceleration and performance, excellent safety ratings, or a low likelihood of having liability claims will cost quite a bit less to insure than fast, unsafe models. The table below presents auto insurance prices for a selection of the most affordable automobiles to buy coverage for.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda Accord EX 4-Dr Sedan||$554|
|Honda CR-V LX 4WD||$564|
|Ford Escape XLS 2WD||$627|
|Toyota Tacoma 2WD||$643|
|Chevrolet Impala LS||$650|
|Chevrolet Equinox LT AWD||$657|
|Jeep Grand Cherokee Laredo 2WD||$662|
|Hyundai Elantra SE Touring Station Wagon||$662|
|Chevrolet Malibu LT||$669|
|Ford F-150 Lariat Crew Cab Harley 2WD||$706|
|Nissan Rogue S AWD||$714|
|Volkswagen Jetta 2.0T 4-Dr Sedan||$706|
|Dodge Ram Crew Cab ST 4WD||$717|
|Ford Fusion S 4-Dr Sedan||$721|
|Dodge Grand Caravan SXT||$734|
|Ford Explorer Eddie Bauer AWD||$739|
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Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Prices do not factor in the specific area where the vehicle is garaged which can modify coverage rates greatly.
Based on these rates, cars like the Honda Accord, Honda CR-V, and Toyota Prius will definitely be some of the cheapest vehicles to insure for health professionals.
Locating budget insurance is difficult, and deciding which companies offer the cheapest insurance rates for nurses in Indiana requires more quotes for comparison. Policy prices will be moderately cheaper than the state average, with the lower cost attributed to the potential for fewer claims that comes with selling coverage for health professionals. Budget-friendly coverage should be attainable from many insurers. Every insurance company has a proprietary method to determine rates, so let's take a look at the insurance companies with the overall cheapest rates in Indiana.
It's important to understand that Indiana insurance rates are impacted by many things that can increase the price you pay. This price variation is why it is important to do a thorough rate comparison when trying to get the most budget-friendly auto insurance rates for nurses. Prices are influenced by many things and can change substantially, so the most economical option when you bought your policy may now be wasting a lot of money.
Cheap Insurance Rates for Health Occupations
|Rank||Company||Cost Per Year|
|6||Indiana Farmers Mutual||$875|
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Travelers may have some of the cheapest car insurance rates in Indiana at around $596 annually. This is $644 less than the average premium paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve also are some of the cheaper Indiana insurance companies.
As shown in the table above, if you currently buy coverage from Western Reserve and switched to Cincinnati Insurance, you may see a yearly price reduction of in the neighborhood of $180. Customers with Indiana Farmers Mutual may save as much as $217 a year, and The Hartford customers might cut rates by $223 a year.
To find out how your current rates compare, click here to get quotes or click through to the companies below.
It's important to note that these premium estimates are averages across all types of insureds and vehicles and do not take into consideration a rate decrease for nurses. So the auto insurance company that has the cheapest rates for you may not even be in the top 36 companies in the list above. That emphasizes why you need to quote rates from many companies using your own driver information and specific vehicle type.
For health professionals, one of the more important components that aid in calculating auto insurance rates is where you live in Indiana. Larger areas like Gary, Merrillville, and Jeffersonville are more likely to have higher rates, whereas areas with less congestion have the gratification of cheaper auto insurance rates.
The illustration below lists the most expensive places in Indiana for nurses to buy an auto insurance policy in.
|Rank||City||Average Per Year|
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Annual rates are estimated as the specific Indiana residence address can decrease or increase auto insurance rates significantly.
The illustration below shows how choosing a deductible can increase or decrease premium costs when getting quotes for cheap insurance for nurses in Indiana. Data assumes a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
The chart above illustrates that a 30-year-old driver could save $254 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $384 by using a $1,000 deductible. Even younger insureds, like the 20-year-old, could drop their prices up to $566 each year just by using higher deductibles.
If you do make the decision to raise your deductibles, it will be important to have enough in a savings account to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Choosing a highly-rated auto insurance provider is hard considering how many different companies there are to choose from in Indiana. The company rank data shown below can help you select which car insurance companies you want to consider when insurance shopping for nurses.
These rankings are only made up of large, nationwide insurance companies, so smaller companies that only insure vehicles in Indiana are not factored into the list. To compare price quotes and find cheaper insurance for nurses, follow this link.
Top 10 Large Auto Insurers in Indiana Ranked by Customer Service
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Liberty Mutual
- Erie Insurance
Types of discounts on Indiana auto insurance rates
Insurance companies that offer quotes for nurses may provide price discounts that can reduce rates by as much as 35% if you meet the requirements. The best insurance companies and some of their more popular discounts are:
- State Farm has savings for Drive Safe & Save, driver's education, defensive driving training, good student, and accident-free.
- Farmers Insurance includes discounts for switch companies, good student, alternative fuel, business and professional, and electronic funds transfer.
- Progressive may have discounts that include multi-policy, good student, multi-vehicle, online quote discount, online signing, homeowner, and continuous coverage.
- GEICO offers discounts for military active duty, membership and employees, defensive driver, anti-theft, anti-lock brakes, five-year accident-free, and daytime running lights.
- Auto-Owners Insurance may include discounts for paid in full, air bags, student away at school, group or association, and anti-lock brakes.
- The Hartford discounts include anti-theft, driver training, good student, air bag, and vehicle fuel type.
- Farm Bureau offers discounts including 55 and retired, multi-vehicle, multi-policy, renewal discount, safe driver, and youthful driver.
- USAA may offer discounts for new vehicle, military installation, good student, multi-vehicle, and multi-policy.
The chart below illustrates the comparison of insurance costs with and without policy discounts. The prices are based on a female driver, a clean driving record, no at-fault accidents, Indiana state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with anti-theft, accident-free, multiple vehicle, passive restraint, claim-free, and vehicle safety discounts applied. When these discounts are applied, the the average amount saved on insurance for nurses is 28% or $348.
How to find the cheapest insurance for nurses
It's not impossible to find cheaper rates, and here are a few money-saving suggestions that can help Indiana drivers locate cheap auto insurance.
- Avoid speeding and other traffic citations and pay less
- Maintain a safe distance and avoid accidents
- Raise comprehensive and collision coverage deductibles
- Full coverage may not be needed on older vehicles
- Vehicles with good safety ratings have lower liability rates
- Drivers with good credit ratings often pay less
- Compare rates and switch if you can find a better deal
That last piece of advice is extraordinarily crucial, as we emphasized in the prior information. Auto insurance rates vary considerably, so drivers shouldn't hesitate to switch carriers if a better rate can be found.
Having a favorite company is fine, but we do not recommend it if that loyalty results in overpaying lots of money. In less than five minutes you could compare prices to find cheaper car insurance for nurses.