Did you fall for a flashy sales pitch and buy an expensive car insurance policy? Don't feel bad because there are a lot of people in Merrillville just like you who feel imprisoned by their car insurance policy.

It's hard to fathom, but over 70% of consumers kept their coverage with the same car insurance company for at least four years, and about 40% of consumers have never quoted rates to find affordable coverage. Most drivers in the United States can save hundreds of dollars each year just by comparing rates, but they don't believe the large savings they would see if they replace their high priced policy.

Vehicle owners have multiple insurers to purchase coverage from, and although it's nice to have a selection, more options can take longer to adequately compare rates.

Finding the cheapest auto insurance coverage in Merrillville is quite easy if you know the best way to do it. In essence, every driver who needs cheaper auto insurance stands a good chance to be able to lower their premiums. But Indiana consumers need to learn how the larger insurance companies determine how much to charge and use it to your advantage.

To find cheap Merrillville auto insurance quotes, there are several ways to get quotes from different Merrillville insurance companies. The best way to find cheaper rates involves getting comparison quotes online.

It's so fast and easy to compare quotes online that it takes the place of having to spend your day driving to all the different Merrillville insurance agencies. Comparing online rate quotes has made agencies unnecessary unless you're the type of person who wants the extra assistance of a local agency. Although you can find lower rates online and have a local Merrillville agent actually service the policy.

Just remember that having more price comparisons increases your odds of finding the best offered rates.

The companies shown below are ready to provide free quotes in Merrillville, IN. If multiple companies are shown, it's highly recommended you get rate quotes from several of them in order to get a fair rate comparison.

Insurance Rate Estimates for Popular Vehicles in Merrillville
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LT AWD $840 $420 $70
Chevrolet Malibu Hybrid $666 $333 $56
Chevrolet Silverado LS Crew Cab 4WD $928 $464 $77
Dodge Ram Quad Cab TRX4 Off Road 4WD $1,304 $652 $109
Ford Escape Limited 2WD $768 $384 $64
Ford Explorer XLT AWD $704 $352 $59
Ford F-150 XL Regular Cab 4WD $910 $455 $76
Ford Focus SES 4-Dr Sedan $994 $497 $83
Honda Accord LX-P 4-Dr Sedan $842 $421 $70
Honda CR-V LX 4WD $746 $373 $62
Honda Civic DX 2-Dr Coupe $952 $476 $79
Hyundai Elantra SE 4-Dr Sedan $998 $499 $83
Kia Optima LX $894 $447 $75
Mazda 3 S Grand Touring 4-Dr Hatchback $800 $400 $67
Nissan Altima 2.5 S 2-Dr Coupe $1,116 $558 $93
Toyota Camry Hybrid $1,000 $500 $83
Toyota Corolla XRS $1,080 $540 $90
Toyota RAV4 Limited 4WD $754 $377 $63
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Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Premium costs do not factor in specific location information which can change auto insurance rates significantly.

Poor driving habits will raise your car insurance rates

The information below shows how traffic citations and at-fault fender-benders impact Chevrolet Tahoe premium costs for different age groups. The rates are based on a single female driver, full coverage, $100 deductibles, and no policy discounts are applied.

Chevrolet Tahoe rates are for example purposes only. To get rates for your specific vehicle, click here.

Car insurance deductibles

The hardest decision when buying coverage is how high or low should comp and collision deductibles be. The following tables illustrate the costs and benefits between high and low deductibles. The first price estimate table uses a $100 deductible and the second data table uses a $1,000 deductible.

Kia Optima rates are for example purposes only. To get rates for your specific vehicle, click here.

Kia Optima insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $242 $436 $318 $18 $94 $1,133 $94
Optima EX $272 $514 $318 $18 $94 $1,241 $103
Optima SX $272 $514 $318 $18 $94 $1,241 $103
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Kia Optima insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Optima LX $134 $230 $318 $18 $94 $794 $66
Optima EX $152 $270 $318 $18 $94 $852 $71
Optima SX $152 $270 $318 $18 $94 $852 $71
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Rate information does not factor in specific location information which can influence coverage rates noticeably.

Based on the data above, we can derive that using a $100 deductible will cost you roughly $31 more each month or $372 annually than choosing the higher $1,000 deductible. Because you would pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go at least 29 months between claim filings, you would come out ahead if you decide on a higher deductible.

Discounts mean cheaper rates

Some insurers do not advertise all their discounts in an easy-to-find place, so the list below gives a summary of some of the more common and the harder-to-find credits available to bring down your rates.Save money with discounts

Drivers should understand that most discount credits are not given to all coverage premiums. Most cut the cost of specific coverages such as comprehensive or collision. So when the math indicates it's possible to get free car insurance, you won't be that lucky. Any qualifying discounts will bring down your auto insurance premiums.

Insurance companies that may include most of these discounts may include but are not limited to:

If you need lower rates, check with all companies you are considering what discounts are available to you. Discounts may not be available in every state.

Informed consumers save more

Many things are considered when you get a price on insurance. A few of the factors are predictable such as your driving history, but other factors are more obscure like where you live or your financial responsibility.

Decrease prices by maintaining coverage - Allowing your coverage to lapse is a fast way to increase your renewal premiums. In addition to paying higher rates, the inability to provide proof of insurance could result in a steep fine or even jail time.

Costs go up with performance - The performance of the vehicle you drive makes a huge difference in your car insurance bill. The lowest premiums will generally be found on lower performance four cylinder passenger cars, but that's not the only thing that factors into the final price.

Do you know your physical damage deductibles? - Your deductibles are how much the insured will be required to pay before a claim is paid by your company. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Examples of covered claims could be colliding with a stationary object, damage caused by hail, or theft of your vehicle. The higher the amount you pay before a claim is paid (deductible), the lower your rates will be.

Do you work long hours in a high stress employer? - Jobs such as military generals, business owners and stock brokers generally pay higher premiums than the average policyholder because of intense work situations and incredibly demanding work hours. On the other hand, careers such as actors, historians and homemakers receive lower rates.

Improve your credit rating - Having a bad credit score is likely to be a major factor in determining what you pay for car insurance. If your credit could use some work, you could pay less to insure your vehicle if you clean up your credit. Drivers with high credit scores tend to be less risk to insure than those with poor credit scores.

Car insurance overall losses by make and model

Which vehicles statistically have the fewest claims? The following claim statistics outline the good and bad vehicle makes and models for the probability of having claims for each type of coverage.

Auto Insurance Liability Claims by Vehicle Make and Model
Lowest Claim Amount Highest Claim Amount
Subaru Forester Dodge Charger
Subaru Outback Hyndai Accent
Audi A6 Chrysler 200
Mercedes-Benz SL Class Chevrolet Impala
Chevrolet Corvette Kia Rio
Acura MDX Kia Optima

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Car Insurance Comprehensive Claims by Manufacturer Model
Lowest Claim Amount Highest Claim Amount
Smart ForTwo Bentley Continental GT
Chevy Silverado 2500 Maserati Quattroporte
Volvo V60 BMW M6
Ford F-350 Audi S7
Chevy Spark Maserati Granturismo
Nissan Xterra Bentley Continental GTC

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Medical Payment Coverage Claims by Vehicle
Lowest Claim Amount Highest Claim Amount
Chevrolet Silverado 2500 Mitsubishi Lancer
Tesla Model S Chrysler 200
Ford Expedition Nissan Versa
Ford F-350 SuperCrew Hyundai Accent
Land Rover Range Rover Sport Chevrolet Spark
Audi A4 Allroad Dodge Charger

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lowest and Highest Car Insurance Collision Claims by Vehicle Model
Lowest Claim Amount Highest Claim Amount
Ford Edge Bently Continental GTC
Mini Cooper Bently Continental GT
Ford F-250 SuperCab Ferrari 458
Smart ForTwo Maserati Ghibli
Chevrolet Colorado Bentley Continental Flying Spur
GMC Canyon BMW M6

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Tricks in insurance advertising

Respected companies like State Farm, GEICO and Progressive constantly bombard you with television and radio advertisements. They all state the claim about how much you will save if you switch your insurance policy to them. How do they all charge you a lower premium? It's all in the numbers.

Many companies give the cheapest rates for the right customer that earns them the highest profit. A good example of this type of insured should be between 25 and 40, has no driving citations, and drives a vehicle with a low ISO rating. Any driver who fits that profile will probably get the lowest rates and most likely will save if they switch.

Insureds who do not meet the ideal profile must pay higher rates and this results in the customer not purchasing. The trick companies use is to say "people that switch" but not "everyone who gets a quote" can save as much as they claim. This is how insurance companies can make the claims of big savings. Different companies use different criteria so it is so important to do a price quote comparison at every renewal. It's just not possible to know with any certainty which company will give you lower car insurance rates than your current company.

More comparisons equals affordable rates

Cheaper insurance in Merrillville is possible online as well as from insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. A few companies do not provide online quoting and these small, regional companies work with independent agents.

We just covered many ways to save on insurance in Merrillville. The key concept to understand is the more providers you compare, the better chance you'll have of finding cheaper Merrillville auto insurance quotes. Consumers could even find that the best price on insurance is with a company that doesn't do a lot of advertising. Regional companies may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

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