Cheapest and Best Car Insurance in Fort Wayne, IN (2024)

In Fort Wayne, Indiana, Auto-Owners offers the cheapest minimum and full coverage car insurance rates. Nationwide is the most affordable option for families with teens. Westfield provides outstanding customer service. American Family ranks as the overall best, balancing price and service. The ideal option varies based on individual needs and coverage.

MoneyGeek found that Auto-Owners offers the most affordable minimum coverage car insurance in Fort Wayne.

• Auto-Owners: $257 per year
• American Family: $345 per year

Farmers is the most expensive option for minimum coverage in Fort Wayne, costing $614 per year. The difference of $357 between the cheapest and most costly policies illustrates the importance of comparing rates to ensure you get the best car insurance deal.

In Indiana cities, state law mandates the minimum car insurance requirements. These are the legally required coverages:

• $25,000 for bodily injury per person
• $50,000 for bodily injury per accident
• $25,000 for property damage liability per accident

For example, if you're at fault in a car accident and the individual's injuries are up to $25,000, your minimum coverage handles it per person. However, if the total cost for injuries for everyone involved is $75,000, your policy only pays up to $50,000, and you'd be responsible for the remaining $25,000. Stay protected on Hoosier roadways, but remember that these coverage limits could leave you paying out of pocket if damages exceed them.

MoneyGeek found that Auto-Owners is the most affordable provider for drivers in Fort Wayne seeking the cheapest full coverage car insurance.

• Auto-Owners: $596 per year
• American Family: $611 per year

State Farm is the priciest option, with an annual premium of $1,165 — $569 more than the cheapest option. This substantial price difference underlines the need to compare rates to secure economical full coverage car insurance, which usually costs more due to its extensive protection beyond minimum liability coverage.

Full coverage policies offer elevated liability limits and include two key types of insurance:

• Collision Coverage: This insurance type protects your vehicle by covering damages from hitting another vehicle or object, like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Coverage: With this coverage, your vehicle is protected against various non-collision-related events, such as theft, vandalism, fires, natural disasters or being struck by an animal like a deer.

Choosing full coverage insurance is a wise financial decision for owners of new vehicles because it provides robust protection for your asset. Conversely, the additional cost of comprehensive and collision insurance may exceed the benefits for older vehicles. When assessing how much car insurance you need, remember that opting for more comprehensive plans means higher premiums. However, selecting lower coverage can result in inadequate protection in the event of an accident. It's about finding the right balance to ensure sufficient coverage without incurring unnecessary costs.

MoneyGeek found that the cheapest companies for drivers with a poor driving record in Fort Wayne vary based on the specific driving offense. These are the carriers offering the lowest annual premiums for each infraction:

• Speeding Ticket: Auto-Owners ($741 per year)
• At-Fault Accident: Auto-Owners ($778 per year)
• DUI: American Family ($784 per year)

Westfield is the most expensive option for drivers with a DUI and an at-fault accident, at $2,402 and $1,995 per year, respectively. Farmers is the most expensive provider for those with a speeding ticket, at $1,414 per year. Comparing the cheapest rates after a speeding ticket and DUI indicates a $43 difference, demonstrating how various infractions can impact car insurance premiums.

Insurance rates in cities like Fort Wayne often escalate with the severity of driving offenses due to the increased risk they pose to insurers. A driver in Fort Wayne with a speeding ticket may see an annual premium of approximately $1,539, whereas someone with a DUI pays around $2,133 per year. For individuals with offenses on their record, shopping around for insurance quotes is crucial, as this could mitigate the financial impact of higher premiums.

MoneyGeek found that Nationwide offers the cheapest car insurance for teens in Fort Wayne. These are the most affordable options:

• Nationwide: $1,537 per year for female teens and $1,686 per year for male teens
• GEICO: $1,634 per year for female teens and $1,790 per year for male teens

These annual premiums are for a family policy with two parents and a teenager. Auto-Owners offers the highest premium for female teen drivers in Fort Wayne at $2,747 per year. The difference of $1,210 between the cheapest and the most expensive options for teen female drivers illustrates the need for families to shop around, especially with teen drivers who are considered higher risk.

In Fort Wayne and other cities, the financial impact of how teens obtain car insurance is substantial. Averaging an annual premium of $4,514 for individual policies compared to $2,144 when added to a family plan, the contrast illustrates an economic advantage for parents to bundle their teen's coverage with their own. Insurers often view teens as high-risk drivers due to inexperience, potentially leading to more claims. Individual policies for teens cost more and may be more challenging to secure, as insurers are hesitant to underwrite policies for high-risk individuals without the buffer of a family's driving history.

MoneyGeek found that USAA is the cheapest option in Fort Wayne for full coverage car insurance for individuals with military backgrounds.

• USAA: $582 per year
• Auto-Owners: $596 per year

USAA is a valuable option for military families seeking coverage. It provides services specifically tailored to meet the needs of active-duty military members.

Comparison shopping is essential to saving on car insurance rates in Fort Wayne. However, it typically requires investing upwards of 15 minutes per insurer—a commitment that can add up to over an hour when checking three or more companies.

MoneyGeek's car insurance calculator streamlines this process, evaluating the most impactful factors determining Fort Wayne's auto insurance costs. Input essential details such as age, driving history, credit score and coverage preferences to swiftly obtain a personalized rate estimate.

Choosing the best auto insurance hinges on what you prioritize: service quality, cost or coverage. MoneyGeek's unique scoring system evaluates each category distinctly to guide your decision. For Fort Wayne, the leading providers per category are:

• Best overall: American Family (MoneyGeek score 88 out of 100)
• Best for service: Westfield (MoneyGeek score 90 out of 100)
• Best cheap: Auto-Owners (MoneyGeek score 90 out of 100)

American Family is the top choice for those seeking a blend of value and service. Westfield is ideal for customers who place the highest value on service quality. For budget-conscious drivers, Auto-Owners offers a cost-effective option without compromising on service. With each company excelling in different aspects, Fort Wayne residents can identify the right fit based on personal preferences and coverage requirements.

MoneyGeek found that American Family is the top-rated option for the best car insurance in Fort Wayne, delivering exceptional value and customer satisfaction.

• American Family: MoneyGeek score of 88 out of 100 ($611 per year)
• Auto-Owners: MoneyGeek score of 86 out of 100 ($596 per year)

American Family stands out in Fort Wayne with its high scores in customer satisfaction and coverage, making it an excellent choice for a full coverage policy. Its top MoneyGeek score indicates that it provides reliable service and comprehensive coverage that policyholders value.

MoneyGeek found that Westfield is the best option in Fort Wayne for car insurance, emphasizing top-notch customer service, stellar claims handling and comprehensive coverages, irrespective of rates.

• Westfield: MoneyGeek score of 90 out of 100 ($876 per year)
• American Family: MoneyGeek score of 84 out of 100 ($611 per year)

Westfield stands out in Fort Wayne thanks to its superior MoneyGeek score, highlighting its commitment to customer satisfaction and claims processing. This score reflects the positive experiences that Westfield's policyholders have had, making it the leading choice for those valuing service quality above all.

MoneyGeek found that Auto-Owners is the best option in Fort Wayne for cheap car insurance. This finding considers factors including affordability, claims handling and general customer satisfaction.

• Auto-Owners: MoneyGeek score of 90 out of 100 ($257 per year)
• Westfield: MoneyGeek score of 87 out of 100 ($347 per year)

Auto-Owners leads in Fort Wayne for its exceptionally affordable rates and high marks in customer satisfaction and claims processing. These elements and a solid reputation for coverage options and stability contribute to its top-ranking MoneyGeek score, especially for a minimum coverage policy.

In Fort Wayne, Indiana, the average car insurance cost is $892 per year, which falls below the Indiana state average of $918. Comparing the state average with the national average of $1,781 indicates that Indiana residents typically save a considerable $863 per year.

While many factors contribute to calculating car insurance premiums, location plays a critical role. Insurance underwriters often consider the risks associated with specific regions, including accident rates, theft incidents and even weather patterns, which can vary widely from one place to another. In Indiana's landscape of urban insurance costs, Indianapolis has the most expensive average premium at $1,013 per year. On the other hand, South Bend is the most economical city, with an average of $889 per year for car insurance. This disparity of $124 between the two cities illustrates the influence location has on insurance costs. Drivers might find even lower rates in rural and less densely populated areas.