Finding the best cheap coverage for a Honda Civic in Indiana is pretty easy to do, but it hinges on a fairly complex equation with a lot of factors such as your age, your address, and whether or not you are a good driver. Indiana drivers pay on average $759 per year to insure their Civic, but that cost is an approximation based on a 40-year-old married male driver with full physical damage coverage and $1,000 deductibles.
The problem with using this number is the good chance you may not be 40 years old (or even male), you might be single instead of married, or maybe you live in a different area as the quoted rates. Just a very minor change in rating factors or requested coverage amount may result in significant differences in the amount insurance costs for a Honda Civic.
Not everyone needs the same coverages, so the best method for finding cheap car insurance rates for your Honda is to do your own rate comparisons.
The specific trim level tends to have a direct effect on the cost of insurance, so the price you will pay to insure a Civic DX 4-Dr Sedan trim level will be $242 less than the cost to insure the fancier Civic SI 2-Dr Coupe model, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Civic DX 4-Dr Sedan||$106||$212||$290||$18||$86||$712||$59|
|Civic VP 4-Dr Sedan||$106||$250||$290||$18||$86||$750||$63|
|Civic LX 4-Dr Sedan||$106||$250||$290||$18||$86||$750||$63|
|Civic DX 2-Dr Coupe||$106||$250||$362||$22||$108||$848||$71|
|Civic EX 4-Dr Sedan||$106||$250||$290||$18||$86||$750||$63|
|Civic LX-S 4-Dr Sedan||$106||$250||$290||$18||$86||$750||$63|
|Civic LX 2-Dr Coupe||$106||$286||$362||$22||$108||$884||$74|
|Civic EX-L 4-Dr Sedan||$122||$286||$290||$18||$86||$802||$67|
|Civic SI 4-Dr Sedan||$122||$286||$290||$18||$86||$802||$67|
|Civic EX 2-Dr Coupe||$122||$286||$362||$22||$108||$900||$75|
|Civic GX 4-Dr Sedan||$122||$286||$290||$18||$86||$802||$67|
|Civic EX-L 2-Dr Coupe||$122||$286||$362||$22||$108||$900||$75|
|Civic Hybrid 4-Dr Sedan||$138||$250||$290||$18||$86||$782||$65|
|Civic SI 2-Dr Coupe||$138||$324||$362||$22||$108||$954||$80|
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Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Premium amounts do not factor in specific garaging location which can decrease or increase auto insurance rates greatly.
Picking the top insurance company can be a challenge considering how many companies there are to choose from in Indiana. The rank data in the lists below could help you select which auto insurers to look at comparing rates from.
These rankings are only made up of companies who write in the majority of U.S. states, so smaller regional companies are not taken into consideration for these rankings. To get price quotes from the insurers below and more, follow this link.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
The diagram below shows how different deductible levels can affect insurance premiums when researching cheap insurance for a Honda Civic in Indiana. The premiums are based on a married female driver, comprehensive and collision coverage, and no other discounts are factored in.
As shown above, a 30-year-old driver could reduce rates by $334 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $504 by changing to a $1,000 deductible. Even younger insureds, like the 20-year-old example, could possibly save as much as $712 or even more by choosing a larger deductible amount. When choosing a higher deductible, it will be required to have spare funds to offset the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
Bad driving habits will cost you more
In a perfect world, the ideal way to receive affordable auto insurance prices in Indiana for a Civic is to drive attentively and not have accidents or get tickets. The chart below illustrates how violations and at-fault accidents can impact insurance costs for different age groups. The rates are based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no additional discounts are factored in.
In the previous example, the average cost of an auto insurance policy in Indiana per year with a clean driving record and no accidents is $1,576. Receive one speeding ticket and the average cost hikes up to $1,791, an increase of $215 each year. Now get one accident along with the one speeding ticket and the 12-month cost of auto insurance for a Honda Civic in Indiana increases to an average of $2,386. That's an increase of $810, or $68 per month, just for not driving responsibly!
Are you paying too much for car insurance?
Indiana auto insurance rates are influenced by many factors that may substantially change the cost of a policy. Turning one year older, buying higher coverage limits, or getting a speeding ticket may prompt premium changes that may make certain companies more affordable than others. And not only may your rating factors change, but companies amend pricing without warning in order to protect their financial rating. An unexpected high level of claims can result in high rates, while better underwriting may produce lower-cost Civic insurance rates.
As an example, the data below shows a variety of companies that have the cheapest car insurance in Indiana for a 45-year-old female driver with no accidents, a clean driving record, and solid credit. When comparing rates based on her current risk profile, Travelers has the most affordable car insurance rates in Indiana at $614 per year. This is $626 less than the average policy premium paid by Indiana drivers of $1,240. Cincinnati Insurance, USAA, Erie, and Western Reserve are the rest of the cheapest Indiana auto insurance companies.
The chart below compares rates after we give the driver from above an accident claim, poor credit, and a traffic citation. Since every car insurance company uses their own calculation to set policy rates, analyzing rates may result in a significantly different list of affordable Indiana car insurance companies as shown below.
The Hartford now has the lowest car insurance rate in Indiana with Auto-Owners, Nationwide, Hastings Mutual, and Utica National also having competitive pricing. This example illustrates why consumers need to take the time to compare lots of rates when trying to find the most affordable car insurance rates for a Honda Civic. Car insurance prices are influenced by many things and can decrease or increase without notice, so the best company the last time you checked may now cost much more than other companies.
How to find economical insurance for a Honda Civic
The list below summarizes a few thrifty suggestions that can help Indiana drivers quote cheap coverage.
- Drop full coverage on older vehicles
- Staying accident-free helps keep rates low
- Too many claims can make car insurance unaffordable
- Drive safely
- Increase your deductibles
- Compare quotes from other companies often
The last idea is especially important, as we pointed out in the prior article. Prices charged by car insurance companies fluctuate constantly, so drivers shouldn't be resistant to buy a different policy if you can save money.
Sticking with a specific company is fine, but is isn't recommended if that inflexibility results in costing you thousands of dollars over several years. Take a few minutes and shop around to find cheaper auto insurance for a Honda Civic.