Indiana has roughly 4.5 million licensed drivers, and just like all other states, drivers should carry their insurance with at least minimum coverage. Law enforcement expects you to show it when pulled over or in case of an automobile accident. For these reasons, you should have the right coverage. While getting the right insurance coverage can be a daunting task, the best auto insurance companies Muncie IN have similar basics but different policies. Actually, this city is the safety when it comes to road safety, and insurance quotes here are slightly lower than the rest of the country. However, it’s important to understand that different companies have different rates. You can get the best rate by comparing various insurance policies available in the market.
Look for the most affordable car insurance quotes Muncie IN companies offer but avoid using price as the only criteria. Car insurance rates vary based on several factors such as your driving history, where you live, age, claim history, and marital status, among others. Indiana has a minimum insurance requirement that every driver in the state must meet, which is;
- $25,000 of bodily injury or death per person
- $50,000 of bodily injury or death of above two persons
- $25,000 of property damage
- $50,000 of Uninsured motorist coverage
Unlike other states, drivers in Muncie, IN, must have uninsured motorists coverage on top of minimum liability coverage. This insurance coverage type offers you protection against a driver without auto insurance coverage. Since Muncie IN uses the tort-based system, the involved drivers must establish the person responsible for the accident in order to recover compensation. That means they have to prove that they are less than 50 percent responsible for automobile accidents.
Continue reading for more insight into getting an insurance policy with a reputable insurance company in Muncie, IN.
The Best Cheap Car Insurance Companies In Muncie IN
Each state regulates its car insurance requirements; thus, the lowest insurance company nationally may not be the cheapest in Indiana. It’s possible to get more reasonable rates from the best car insurance companies Muncie IN has because drivers in this state comply with road safety standards, and many large insurance companies are operating here. However, most insurance firms offer the most affordable option for the liability-only policy, which is the state minimum requirement for your car insurance.
Some individuals want the full coverage policy; thus, when choosing an insurance company, these drivers go beyond picking a provider with the lowest rate quote. They want to consider incentives and discounts as well as coverage options.
Since car insurance rates are set based on the driver’s individual situation, your premiums may vary from one insurance provider to the other. Here are some of the cheapest full coverage auto insurance in Indiana.
|10||Auto-Owners Insurance Co||$2,167|
|12||United Farm Bureau of IN Group||$2,364|
Average Cost of Car Insurance In Muncie IN
Car insurance rates are different from company to company and driver to driver. Insurance providers consider factors such as age, marital status, credit score, claim history, driving history, location when calculating premiums.
On average, drivers in Muncie pay $1,142 per annum for their car insurance, while the statewide average is $1,215 and the nationwide average is $1,548.
You can compare rates from different insurers because besides considering various factors, the best car insurance companies Muncie IN, offer multiple discounts that can lower your monthly premium.
Muncie Auto Insurance Requirements
All drivers in Indiana must carry auto insurance and provide financial responsibility proof in their vehicles. While it’s not mandatory to have uninsured motorist protection in addition to liability coverage in most states, it’s a must-have in Indiana.
The following are the minimum auto insurance coverage in Muncie, Indiana:
- $25,000 of bodily injury or death per person
- $50,000 of bodily injury or death of above two persons
- $25,000 of property damage
- $50,000 of Uninsured motorist coverage
Since finding a cheap auto insurance Muncie IN company is not easy, motorists should shop around and compare rates before renewing their insurance policy. You can also switch your insurer every one or two years to take care of changing situations, such as when you get a speeding ticket, DUI, or car crash.
Also, changing your insurance company helps you take advantage of multiple discounts insurers offer drivers with liability coverage or multiple policies.
Who Offers The Cheap Insurance Rates In Muncie IN For Married Couples?
Married couples pay lower car insurance premiums than unmarried drivers. That means the married drivers pay on average $42 less than single drivers.
The reason is that marital status is a key element when calculating insurance premiums. So married drivers are considered less risky than unmarried ones because they have fewer accidents.
Also, the likelihood of the married drivers insuring multiple vehicles under one policy is higher; thus, they benefit from discounts that lower their premium. So the best auto insurance companies Muncie IN want to insure married couples and give them reasonable rates than the unmarried drivers.
The following table is an estimate of what married couples can pay for two or multiple cars.
|Company||Married couple rates|
|Erie Insurance Group||$1,865|
|Indiana Farm Bureau Insurance Company||$2,172|
|State Farm Insurance Company||$2,753|
Muncie IN Cheap Car Insurance Quotes For Young Drivers
Young drivers in their 20s pay a higher rate than those in other age groups because they lack sufficient driving experience and are more likely to cause a car crash than older drivers. However, these rates tend to improve as they gain experience or confidence on the road.
Still, these drivers can get affordable car insurance quotes Muncie IN companies regularly offer to students away-from-home, those with multi-policy such as renters or homeowners policy, or those who take a defensive driving course.
Since teen drivers are more accident-prone, they can add collision and comprehensive insurance to enhance their coverage.
They should also shop around and compare rates from different insurers. The following are averages and rates estimate of what some insurance companies are offering young drivers.
|Auto-Owners Insurance Co||$2,365|
Muncie IN Car Insurance For Drivers With A Good Record
Having a clean driving record can significantly lower your insurance rates. A good record means no infractions or accidents in your driving history.
The following are averages and rates that the cheap auto insurance Muncie IN companies offer drivers with a good driving record.
|Insurance Company||Full Coverage|
Cheapest Minimum Coverage For Young Good Drivers In Muncie IN
Generally, young drivers’ rates are slightly higher than older and experienced drivers. However, the best auto insurance companies in Muncie, IN, have discounts for young drivers with good driving history.
These offers include away-from-home student discounts, particularly those on their parent’s policy, those with multi-policy, or those who enroll for a defensive driving course.
Therefore a good young driver should compare rates and take advantage of available discounts in order to find ways to save money in the long run.
The following are rate and average estimates of what good young drivers pay in Muncie IN:
Best Coverage For Multiple Cars In Muncie IN Car Insurance
Shopping for affordable car insurance quotes from Muncie IN companies is not easy. This is because insurers set rates based on the driver’s profile.
Still, these companies offer discounts for drivers insuring multiple vehicles under one policy or the same insurer.
However, there are different rates for liability only, full coverage, or SR-22 insurance. The following are estimates of what drivers with multiple cars pay on average.
|Number of Cars||Insurance Cost|
Cheap Auto Insurance Quotes In Muncie IN By Age
Generally, all states consider teenagers less experienced and responsible behind the wheel, thus higher insurance rates. However, young drivers in Muncie, IN, pay more than in other states.
Still, middle-aged drivers with a good driving history pay lower auto insurance premiums than younger or senior drivers.
This is because motorists aged 25 years and below get more accidents compared to older ones. Insurers recommend that younger drivers should add collision and comprehensive coverage on top of the liability coverage to avoid paying repair expenses from their pocket.
Seniors pay more as well because of their slow response rate compared to younger drivers. However, their cleaning driving history and credit score can help them find cheap car insurance Muncie IN for older motorists.
The following estimates don’t represent that actual car insurance rates for those age groups because insurers calculate insurance premiums based on a driver’s profile.
|Age of Driver||Insurance Cost|
Cheap Car Insurance In Muncie In After A Car Accident
Drivers who are involved in accidents pay higher than those with flawless driving records. This is because driving history is one of the factors that insurance companies consider when setting the rates.
You’re likely to pay substantially higher when you get a serious driving infraction such as a DUI or, worse still, an at-fault accident.
That is when you realize that a cheap auto insurance Muncie IN company before an accident is no longer affordable afterward.
Therefore you need to switch to one with affordable car insurance quotes Muncie IN after an accident. The following are some of the estimates that a driver can pay after a car accident:
Cheap Car Insurance In Muncie IN After A Speeding Ticket
Driving history is one of the factors that insurers use when setting rates. That means motorists who violate traffic rules will pay more than safe drivers.
Thus your insurance rates rise with every traffic violation, such as getting a speeding ticket, DUI, and causing an accident.
The best car insurance companies in Muncie, IN, may offer persons with a clean driving record affordable car insurance rates than those with a traffic citation. For instance, State Farm has a policy for such drivers at an average of $651 per year and $1,075 for those with a speeding ticket or DUI.
Still, drivers with speeding tickets on their record can find a cheaper car insurance rate in Muncie, IN. The following are estimates of what motorists with a speeding ticket can pay.
|Auto-Owners Insurance Co||$1,472|
Cheap Car Insurance Companies In Muncie IN For Drivers With Bad Credit Score
Having a bad credit score will impact your auto insurance rates. The average credit score an Indiana driver should have is 699, while the national average stands at 703.
The best car insurance companies, Muncie IN, consider drivers with a bad credit score as riskier clients for they struggle or fail to pay their monthly premiums.
Experian says that drivers should try to maintain a good credit score (699), or if bad, they should try to raise it as quickly as possible in order to lower their insurance premiums and save money.
The following are estimates of what insurers charge drivers with a bad credit score.
Cheap Auto Insurance Quotes In Muncie IN For Minimum Coverage
A liability-only policy is the cheapest car insurance Muncie IN has and is a state minimum car insurance requirement. This basic insurance helps you to stay legal. However, you need additional protection from policies with better coverage.
The minimum coverage insurance policy offers insufficient amounts of bodily injury as well as property damage in the event you are involved in an auto accident. In such a case, the driver may meet the additional cost from their pocket.
The following are average rates of minimum coverage:
|United Farm Bureau of IN Group||$965|
Cheapest Car Insurance Companies In Muncie IN For Seniors
In 2017, nearly 13.8% of Indiana senior drivers were involved in auto crashes. The reason is that they have a slower response time when driving than their younger counterpart.
That is why seniors aged 65 and above pay a higher monthly premium than middle-aged or young drivers. Also, these drivers must renew their driver’s license personally every 3 to 5 years and must pass a vision test.
On average, seniors pay $856 per year, which is $17 more than a 40-year-old driver taking the same policy.
On the other hand, seniors take more preventative measures compared to drivers in different age groups. You will find them wearing seatbelts, and some have a cleaner driving record. For that reason, they should compare quotes from several insurance companies since additional factors such as driving history, type of vehicle they drive, and their health can influence their insurance quote.
The following are estimated rates and averages from cheap car insurance Muncie IN companies.
Cheap Auto Insurance Quotes In Muncie IN After A DUI
Insurance companies treat drivers with severe driving violations such as DUI as riskier clients. For that reason having a DUI on your driving history or record will cause you to pay a higher premium, which can last for up to ten years.
Actually, the average cost for such drivers is $1,185 per year, while the one with a clean driving record pays $762 per annum.
You can shop around and compare quotes from different insurance providers covering drivers with a DUI. Though, the best option is to avoid getting behind the wheel when drunk because the actual cost of a DUI is relatively high.
The following are averages and rates from cheap auto insurance Muncie IN companies.
How To Get Cheapest Car Insurance Quotes In Muncie IN?
Most insurance companies offer reasonable rates to middle-aged individuals with clean driving history. However, you can still find a cheap car insurance quote from insurers providing discounts.
For instance, you can get a fairer rate when you get different insurance types from the same provider, such as taking a renter or homeowner’s insurance and auto insurance from the same insurer. Alternatively, you can have multiple vehicle insurances from the same company.
Being a safe driver will help lower your auto insurance rate and get you some of the cheap car insurance Muncie IN has. With a clean driving history, you can get reasonable quotes from numerous companies.
However, each company weighs factors such as location, marital status, type of car, age, and driving history differently. That means you have to shop around, get quotes from different insurance companies, compare and pick the best quotes for your needs.
What are the Different Types Of Muncie IN Auto Insurance Coverage?
Each state requires drivers to have auto insurance; however, there are types of car insurance, and you need to understand their coverages. This will help you not only get insured by one of the best auto insurance companies Muncie IN has but get the right policy for you.
The following are different car insurance types and what they cover.
Classic Car Insurance
This car insurance type offers specialized coverage for classic car collectors and vintage vehicles, which have unique needs. Classic or antique cars are 25-30 years old.
Besides classic cars, this insurance can protect high-value vehicles like hot rods, muscle cars, vintage military vehicles, luxury, and exotic vehicles.
While standard car insurance can offer coverage for such vehicles, a regular policy doesn’t cover the entire value of the car because it only considers the mileage, age, and depreciation when calculating the worth of the vehicle, thus the need for classic car insurance.
This is automobile insurance that offers an extra level of protection in case of an accident. That means it covers your car against the collision and other damages such as certain weather events like tornados, vandalism, accidents with animals, among others.
Uninsured Motorist Insurance
The insurance cover is an extra auto insurance policy that protects you against accidents involving motorists with no insurance coverage limits. Since the at-fault driver is supposed to compensate the injured, if they don’t have any coverage to meet the cost of damages, then the victim has to pay their bills. That means without this insurance type, and the injured driver pays their repair expenses from their pocket.
Towing and Labor Insurance
This insurance coverage is only available to motorists with comprehensive car insurance. The cover reimburses you the cost of towing and the labor of repairing your vehicle.
Major Parts Replacement Coverage
The coverage allows you to replace major parts such as brakes, tires, and batteries without charge. This is regardless of their depreciation or wear and tear value when the accident took place.
New Car Replacement
With this coverage, the driver gets a brand-new vehicle of a similar make and model less deductible when theirs is damaged during an accident and declared a total loss.
Original Parts Replacement
The coverage ensures that your car is repaired using factory-bought parts but not from a third party. That means the repair shop will order these parts from your car’s manufacturer but not from a third-party spare parts seller.
Medical payments coverage
The insurance policy covers medical payments arising from the accident regardless of the driver at faulty. This protects you against expensive medical bills that can be costly.
Due to the depreciation of your car, the auto insurance settlement might be lower than the cost of a loan. Therefore the gap insurance will cover the difference when the vehicle is stolen or after a total loss.
This option is available in almost all auto insurance policies. The roadside assistance helps drivers to get back on the road when the vehicle breaks down.
Therefore, some of the best auto insurance companies Muncie IN, partner with businesses offering such services when a driver calls roadside assistance. Now the third party company dispatches a service provider nearer to you and an experienced one for your situation.
The coverage helps you repair your vehicle after a collision with another car or object, such as a tree or fence. This insurance coverage type is necessary when financing or leasing your vehicle. However, it becomes optional when you pay off your car loan.
Rental Reimbursement Insurance
This an insurance cover that pays for your transportation as your vehicle gets repaired. You can also call it transportation expense coverage.
This is a legal requirement in most U.S. states. Thus all car owners must have minimum insurance coverage for injuries and property damages you cause to others in the event of an accident.
Personal Injury Protection Insurance
The insurance coverage takes care of medical expenses as well as loss of income arising from a covered accident. The personal injury protection may cover up to 80% of the medical payment in addition to other expenses attributable to the covered accident. However, it is based on your policy limits.
Is Muncie IN Auto Insurance A No-Fault?
In a no-fault state, the insurance companies are required to pay some or all expenses resulting from an accident irrespective of which driver is at fault. Since each state determines its fault laws, Indiana is an at-fault state which means the tort or fault system determines the percentage of the extent to which each party involved in an accident is at fault.
In a tort-based system state, the drivers must establish who is responsible for the collision in order for the victim to recover compensation of their medical bills, pain, and suffering lost wage benefits, or loss of property. Thus the at-fault driver’s insurance company will pay for the damages caused in case of an accident.
It’s important to note that you will only receive compensation for your injuries in Muncie, IN, if you’re found to be less than 50% responsible for the accident. On the other hand, there is no compensation if you are 51% and above responsible for the accident.
The following is how plaintiffs’ claims are compensated.
- A driver receives 100% compensation if found to be at no fault in an accident.
- A partially responsible driver will receive compensation based on the at-fault percentage of the defendant. For instance, if you’re found to be 25% at fault, and your defendant is 75%, then you’re entitled to 75% compensation for your claim.
In view of that, safe or good drivers will pay less insurance premium than careless ones because the law puts the responsibility squarely on the motorist that caused the accident. Further, in case of an automobile accident, it is important to prove that you’re 50% or less responsible for it. This is because accidents can cause devastating injuries and change your life.
At times, it can be a challenge to prove that you are less than 50% responsible for the accident because you don’t understand Indiana’s tort system. However, you can navigate this daunting challenge by contacting a personal injury attorney such as R.T. Green, who will help you file a claim and receive the deserved compensation.
Also, it’s important to ensure your vehicles with the best car insurance companies Muncie IN has in order to receive the deserved protection in case of an accident.
Ways To Reduce Rates In Muncie IN Car Insurance
Just like other motorists, you are searching for affordable car insurance quotes Muncie IN has because auto insurance is costly in the long run. While several companies promise low-cost insurance rates, it’s quite a challenge to find a suitable one for you. This is because each insurance provider takes a different approach when setting the monthly premiums and focuses on a diverse audience.
Therefore, your insurance premium highly depends on your own individual profile, the type of coverage choice, the insurance company, and so on. Still, car insurance rates may be affected by things out of your control, such as state accident rates and state regulations.
But even with these factors, there are several ways of saving on your car insurance. Put some of these tactics to work for a cheaper monthly premium that will add up to huge savings in the long run.
Maintaining a Clean Driving Record for Several Consecutive Years
Paying attention when driving will earn you a lower insurance rate. However, in today’s era, there are increasingly many in-car distractions than in previous years.
Being more mindful when driving will help you avoid moving violations, accidents, DUI convictions, and traffic infractions. Insurance companies consider unsafe drivers as a greater liability, thus higher insurance premiums.
Therefore cheap auto insurance Muncie IN policies are only available to motorists with clean driving records and experience.
The following are few tips for marinating a clean driving record for years:
- Adhere to all traffic laws.
- Never get behind the wheel when under the influence of alcohol or drugs.
- Regularly maintain your car to avoid the risk of crashing.
- Driving less will reduce the risk of being cited for a traffic offense or colliding with another motorist.
Consider Switching Auto Insurance Providers
Shop around before renewing your auto insurance policy. It will make sense to work with cheap car insurance Muncie IN companies every year or two instead of renewing your policy with the same provider with higher rates.
This is because insurers apply different approaches when calculating premiums, thus differing insurance rates in the market. Further, the rates fluctuate as your situation changes, such as after a DUI conviction or an accident.
Also, as much as you want to prioritize the cost of your insurance premiums, it’s important to consider your insurer’s creditworthiness because the preferred insurance should have the financial strength to pay a claim.
Ask About Discounts
Insurance companies offer different discounts that can lower your premiums. Thus consider possible offers when comparing rates from one carrier to the other. These include;
- Putting multiple cars under one policy
- Bundling car insurance with homeowners insurance or other policies.
- Maintaining a clean driving record.
- Accept documents online.
- Install in your car anti-thefts or safety features
- Pay lump sum for the entire annual or six-month premium
- Join a particular professional organization or club.
Increase Your Deductibles
A deductible is an amount you pay before your insurance provider covers the rest in the case of theft, accident, or other damages. Deductibles may range between $250 and $1,000 based on your policy.
Paying more for the deductibles will lower the annual premium, which means more money in your pocket. Additionally, paying for smaller claims from your pocket rather than filling the claims will keep your premium low.
Reduce Your Annual Mileage
The majority of insurance companies will ask about your annual mileage when calculating your quotes. This is because motorists who spend more time on the road have a higher risk of crashing. As a result, drivers with low-mileage cars pay less premium than those with high-mileage ones. Thus, spending less time behind the wheel means lower annual mileage and reduced premiums.
Purchase a Vehicle that is Cheap to Insure
The auto insurance rates will vary based on the year, model, and make of your car. The reason is that every vehicle has a different likelihood of being stolen or being involved in an accident. Thus one car might cost more to insure than another.
Because of this, get a vehicle that will be rare to get involved in accidents; thus, fewer claims. These are vehicles with less horsepower, which means fewer speed-related collisions.
Opt for Less Car Insurance Coverage
Purchasing lower insurance coverage will lower your insurance rates. However, you need to do this cautiously because getting involved in an at-fault accident or being hit by an uninsured motorist means that you will pay medical bills or repair expenses from your pocket since your coverage is insufficient.
Actually, it’s recommended to have a higher liability coverage limit than the state’s requirement, as well as uninsured motorists’ coverage equivalent to the liability coverage limit.
Good Drivers Car Insurance Discounts In Muncie IN
The best car insurance companies Muncie IN, reward motorists with clean driving records with lower insurance rates. These are drivers without at-fault accidents or no driving violations for several consecutive years.
Besides safe driving, a motorist can be eligible for other discounts such as:
- Multiple lines
- Teens Driver
- Defensive Driver
- Good Student
- Distant Student
- Alternative Fuel
- Passive Restraint
- Anti-Theft Device
- Anti-Lock Brake
- Vehicle Safety
Car Insurance Muncie IN Questions And Answers
How Much Car Insurance Do I Need?
Each state has different auto requirements, but they all require drivers to have liability insurance. You can contact the local DMV for more information about car requirements in Muncie, IN. Full insurance is mandatory when leasing or financing your vehicle.
I Already Have Health Insurance. Why Should I Get Medical Payment Coverage on My Auto Insurance Policy?
It’s important to have medical payment coverage because it will step in and pay some bills that are not covered under the traditional health insurance plan. These are emergency transportation bills like private ambulance providers, acupuncturists, chiropractors, or massage therapy.
Further, not all doctors are ready to wait until your claim resolves is sorted, but having your own medical payment coverage will help you pay the bills without rushing the personal injury claim. In view of that, it’s advantageous to have one.
What is the Average Car Insurance Rate in Muncie, Indiana?
Although the average car insurance rate for Muncie is $1,142, you can still get cheap car insurance Muncie IN premiums by taking advantage of discounts and other incentives such as student discounts, good credit score or driving history, multiple cars insurance, and more.
Is Auto Insurance Mandatory in Indiana?
Car insurance is a mandatory requirement not only in Indiana but in each state across the U.S. However, there some variations in insurance carrying laws. So, it’s important to check with the state government’s transportation website for more details about the right insurance that you should have in Indiana.
What is the Minimum Coverage Required in Muncie, IN?
Each driver in Muncie, Indiana, must have a policy with a coverage of at least $25,000 for injuries per person, $50,000 per accident, $25,000 for property damage, in addition to $50,000 of Uninsured motorist coverage.
What Happens if I Don’t Get Auto Insurance?
It’s important to have an auto insurance policy for it covers costs incurred in case you are involved in an accident. However, in the event you get involved in an accident and you don’t have car insurance, you will be either get sued, lose your life’s savings as well as get jail time because it’s mandatory to have auto insurance in Indiana.
What Should I Do if Another Driver Hits My Car in Muncie, IN?
You should raise a third-party claim when you get hit by another car, and the insurance company will give you a check. Then you will pay the lender if your car was financed or the repair shop. But in the event that an uninsured motorist hits you, then your uninsured motorist coverage will take over.
How much is Car Insurance Typically for 2 Vehicles in Muncie, IN?
On average, you can pay $2,175 for your two vehicles in Muncie, IN. However, the amount for liability, full coverage, or SR-222 insurance varies from one provider to the other.
Do I Still Need Car Insurance if I Don’t Drive my Car or I’ve Sold it?
Yes, you need it. Although someone may think this is a wastage of money, especially when they are not driving their car, it is a protection to them. The following are some of the scenarios.
A car in storage: Instead of canceling your auto insurance because you’re planning to store your vehicle, you should switch coverage. Opt for comprehensive and liability insurance only because they have lower premiums.
Sold car: The non-owner car insurance coverage will provide you with bodily injury and property damage liability insurance.
Rented car: Having car insurance will boost your coverage, particularly when the rental car policy is inadequate or has a lower liability limit.
When not a file an Auto Insurance Claim?
Knowing when to file a claim is important because this affects your rates. Always file a claim when the accident expenses are too high for you to handle. Remember you have to pay the deductible before the insurance company covers you.
Thus before filing an auto insurance claim, you need to examine the cost and ask yourself whether it’s worth it or it would be better to pay out-of-pocket.