Buying the cheapest car insurance for a Ford Escape in Indiana hinges on a complicated rating formula that uses factors such as age of the driver, the performance level of your vehicle, and if you have tickets or violations. Drivers will pay around $907 per year for Escape insurance, but that figure is an approximation calculated based on a 40-year-old single female driver with full comprehensive and collision coverage and $100 deductibles.
The problem with using this number is the good chance you may not be 40 years old (or even female), married instead of single, or maybe you need higher liability limits than the state minimum. There is no one cookie-cutter policy that works for everyone, so the best way to find cheap car insurance rates for your Ford is to put in the effort to do a thorough rate comparison. Comparing quotes is easy and you will receive prices from the cheapest companies that insure Ford vehicles in Indiana.
The specific trim level will be a contributing factor to the annual cost of coverage, so the rate you pay to insure a Escape XLS 2WD trim level will cost $118 less than the insurance cost for the higher-priced Escape Limited 4WD version, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$202||$406||$310||$18||$92||$1,028||$86|
|Escape XLS 4WD||$202||$406||$310||$18||$92||$1,028||$86|
|Escape XLT 2WD||$202||$406||$310||$18||$92||$1,028||$86|
|Escape Limited 2WD||$232||$406||$310||$18||$92||$1,058||$88|
|Escape XLT 4WD||$232||$406||$310||$18||$92||$1,058||$88|
|Escape Limited 4WD||$232||$494||$310||$18||$92||$1,146||$96|
|Get Your Own Custom Quote Go|
Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Premium amounts do not factor in specific zip code location which can lower or raise auto insurance rates greatly.
Establishing which company has the best car insurance rates for a Ford Escape in Indiana takes a little more sweat in order to find coverage that fits your buget. Every car insurance company uses their own formula for setting prices, so let's rank the most budget-friendly car insurance companies in Indiana.
It's a good idea to know that Indiana car insurance rates are calculated based on many things that may substantially change the price of your policy. Improving your credit rating, marrying your spouse, or getting a reckless driving citation can trigger rate changes resulting in some companies being much cheaper than others.
Lowest Insurance Price Quotes for Your Escape
|Rank||Company||Cost Per Year|
|7||Indiana Farmers Mutual||$875|
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Travelers quotes some of the lowest car insurance rates in Indiana at around $614 annually. This is $626 less than the average price paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and The Hartford also make the cut as some of the cheaper Indiana auto insurance companies.
As shown in the table above, if you are currently insured with Erie and switched to Travelers, you could realize an annual premium reduction of roughly $112. Indiana drivers with The Hartford might save as much as $249 a year, and Western Reserve policyholders might reduce prices by as much as $250 a year.
These policy rates are averaged across all ages of drivers and types of vehicles and do not factor in a specific rate factor for a Ford Escape. So the car insurance company that fits your needs best may not even be in the list above. That helps illustrate why you need to get car insurance quotes using your own driver data and vehicle information.
Poor driving habits will raise your car insurance rates
The easiest method to receive the cheapest car insurance rates for an Escape is to drive attentively and avoid getting tickets or having accidents. The information below demonstrates how traffic citations and at-fault fender-benders can affect yearly insurance costs for each age group. The price estimates are based on a married female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.
The data in the chart shows the average cost of a car insurance policy per year with a clean driving record and no accidents is $1,282. Get written up for two speeding tickets and the average cost jumps to $1,821, an increase of $540 each year. Then add one accident along with the two speeding tickets and the annual cost of car insurance for a Ford Escape in Indiana jumps again to an average of $2,352. That's an increase of $1,071, or $89 per month, just for not being more responsible behind the wheel!
Are you paying too much for car insurance?
Indiana car insurance rates are calculated based on many things that may substantially change the cost of having a policy. Getting older, buying a home instead of renting, or getting a couple of tickets may generate price changes that can make some companies cheaper than competitors.
In addition, insurers amend premium rates at least once a year to ensure their profitability. Significantly higher claims can cause higher prices, while a better loss history may result in lower-priced Escape insurance rates.
The data below compares the cheapest car insurance in Indiana for a 40-year-old female driver with no violations or accidents, and a high credit rating. If we estimate rates based on her personal risk profile, Travelers might quote the best car insurance rates in Indiana at $620 annually. This is $620 less than the average price paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Indiana Farmers Mutual are the rest of the cheapest Indiana auto insurance companies.
The chart below compares rates after we give the driver in the first example an accident surcharge, poor credit, and a couple of points charged on her driving record. Due to the fact that every auto insurer has a proprietary formula for determining rates, comparing rates could now result in a substantially altered list of cheap Indiana auto insurance companies as shown below.
Auto-Owners now has the best car insurance rate in Indiana with The Hartford, USAA, Cincinnati Insurance, and Utica National also having competitive pricing. This example demonstrates why Indiana drivers need to perform a complete rate comparison to find the most affordable auto insurance rates for a Ford Escape. Insurance prices are determined by many risk factors and can decrease or increase without notice, so the most affordable company the last time you compared rates may now be one of the higher cost companies.
Ideas for buying cheaper auto insurance for a Ford Escape
Lowering your rates is not difficult, and here are a few thrifty suggestions that can help you buy cheaper coverage.
- Drop full coverage on older vehicles
- Having at-fault accidents will increase rates
- Increase your comprehensive and collision deductibles
- Try to remain claim-free
- Just one traffic violation will increase your rates
- Comparison shop at least once a year
The last tip in the list is notably crucial, as we discussed in this write-up. Prices charged by companies adjust often, so don't be unwilling to switch companies if a better deal can be had.
Staying with the same company for years is fine, but we do not recommend it if your bullheadedness ends up costing you lots of money. In just a few minutes you could shop around and find cheaper auto insurance for a Ford Escape.