• Ever Wonder if You Could be Saving on Your Car Insurance in Indianapolis, IN?

    Indianapolis vehicle insurance is mandatory with minimum liability coverage of $25,000 per person, and maximum of $50,000 for one accident. The mandatory coverage also includes liability of $10,000 for property damage. The basic package of automobile insurance in Indianapolis covering these mandatory requirements will allow a person to drive in the city; however, the coverage can be further customized to meet personal requirements of deductibles or higher liability protection, and it is possible to get cheap car insurance in Indianapolis, IN. Just let the experts at Indianacarinsurancequotes.net help you get the affordable coverage you deserve.

    Average Indianapolis Car Insurance Quotes

    The average motor vehicle insurance price a citizen of Indianapolis pays each year is around $1,331. This is less by about 12% of Indiana state automobile insurance average, which is $1,516. However, the average rate of Indianapolis is higher by only 0.6%, when you compare the average rate of insurance in Hamilton County.

    Factors Influencing Car Insurance in Indianapolis, IN

    Insurance providers consider several factors while determining the rate they are going to charge an individual for their insurance policy. Some of the factors that influence the rate are age of the driver, gender, occupation, model of the car, history of accidents and so on. However, there are certain other factors as well, which will influence the rates. They are:

    • Location: According to studies it has be found that areas having higher population will usually have higher rates of insurance. The population of Indianapolis is 829,718, and the population density is 2,234 people in a square mile, which is considered low.
    • Driving to Work: The amount of driving a person does during peak hours increases the risk of accidents, and this influences vehicle insurance rates. In Indianapolis, more than 16,000 people drive for about 25 minutes during peak hours, and 15,000 people are known to spend 20 minutes each day in peak traffic. According to 2008 statistics, fatal accidents recorded in Indianapolis were 10.1 per 100,000 people.
    • Auto Thefts: When there is higher likelihood for the vehicle to be stolen, the rate of insurance will rise correspondingly. Auto thefts are usually more in large cities, and thieves usually target certain car models. Amongst top 101 cities known for auto thefts, Indianapolis ranked 25th in 2006.
    • Education: Automobile insurance companies tend to charge lesser rates from people with higher educational qualifications compared to people with lesser education. In Indianapolis 16.7% drivers, have a bachelor’s degree, whereas at state level it is 12.2%. However, the percentage of people with high school qualification in the city was 29.4%, whereas in the state it was 37.2%.

    It is possible to cut your motor vehicle insurance cost drastically by selecting the right insurance provider. Not all insurance companies charge the same rate, as there is a lot of competition in this field. But you can make your choice easier by using comparison websites like Indianacarinsurancequotes.net. Simply enter a few details in the widget below, and you can get free quotes that are the best in market.

    Not a resident of Indianapolis? Don’t worry; we also have info on savings for Fort Wayne, Evansville, and even Gary!

    Indiana State Facts
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