Cheapest car insurance companies in Dyer
According to a study by Insurance.com, the cheapest car insurance companies in Dyer for 2023 are Geico and Auto-Owners.
The car insurance company in Dyer that provides the cheapest car insurance premiums is Geico, with an average annual rate of $1,112 .
In Dyer, what you pay for car insurance depends on factors such as your location, driving history, coverage level, and the insurance carrier. Take time to compare price quotes from at least three insurers to get the best coverage at an affordable rate. The table below shows the car insurance companies with cheap insurance rates.
| Companies | Average annual rates |
|---|---|
| USAA | $802 |
| Geico | $1,112 |
| Auto-Owners | $1,231 |
| Nationwide | $1,294 |
| Travelers | $1,299 |
| Indiana Farmers | $1,484 |
| Progressive | $1,525 |
| State Farm | $1,706 |
| Farmers | $2,220 |
| Allstate | $2,456 |
| Indiana Farm Bureau Grp | $2,578 |
Cheapest car insurance cost in Dyer by Age Group
USAA offers the cheapest full coverage car insurance for teenage drivers in Dyer, with an average annual cost of $2,207 per year. Insurance companies deem teenagers as "high-risk" drivers due to their inexperience and statistically higher accident rates. This elevated risk profile translates to significantly higher car insurance costs for young drivers compared to their older counterparts.
Teens can maintain lower car insurance premiums by leveraging the good student discount or by remaining on their parent’s existing policy as long as feasible.
Among the carriers analyzed, USAA is the cheapest car insurance option for young drivers in Dyer, at $1,220 a year for a full coverage policy.
For Dyer drivers entering their 30s, car insurance becomes significantly more affordable compared to their younger years. USAA provides the cheapest car insurance premiums, offering full coverage policies at $814 annually.
If you are a senior driver in Dyer and looking for a cheap car insurance company, then consider buying insurance from USAA. It is the cheapest auto insurance company for senior drivers, with an average premium of $861 per year.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| USAA | $2,207 | $1,220 | $814 | $861 |
| Indiana Farmers | $2,998 | $2,248 | $1,518 | $1,602 |
| Auto-Owners | $3,754 | $2,122 | $1,244 | $1,303 |
| Geico | $4,323 | $1,702 | $1,114 | $1,031 |
| Travelers | $4,493 | $2,111 | $1,331 | $1,348 |
| Nationwide | $4,921 | $2,276 | $1,284 | $1,206 |
| Progressive | $4,956 | $2,643 | $1,542 | $1,616 |
| State Farm | $5,230 | $2,945 | $1,721 | $1,674 |
| Allstate | $6,228 | $3,631 | $2,520 | $2,432 |
| Indiana Farm Bureau Grp | $7,520 | $4,508 | $2,439 | $2,384 |
| Farmers | $9,353 | $3,727 | $2,104 | $2,232 |
Cheapest car insurance companies in Dyer by driver profile
Car insurance rates in Dyer vary by driver profile. Drivers with a history of accidents or tickets on their record will likely pay more for car insurance than those without any driving violations.
It's important to compare insurance quotes from at least three carriers to find the cheapest insurance company in Dyer that suits your budget.
Here are some of the cheapest car insurance companies in Dyer based on driver profile.
- Cheapest for a driver with poor credit: Geico
- Cheapest for a driver with a speeding ticket: USAA
- Cheapest for accident: USAA
- Cheapest for DUI: USAA
Cheapest for a driver with poor credit: Geico
Geico has the cheapest rates for Dyer drivers with poor credit looking for affordable auto insurance. At an annual cost of $1,122, Geico offers substantial savings among the insurers analyzed.
Drivers with poor or bad credit scores in Dyer can consider the following car insurance companies to get the affordable car insurance coverage.
| Company | Average annual rates |
|---|---|
| Geico | $1,122 |
| Nationwide | $1,299 |
| USAA | $1,518 |
| Travelers | $1,992 |
| Farmers | $2,503 |
| State Farm | $2,639 |
| Progressive | $2,687 |
| Allstate | $3,128 |
Cheapest for drivers with a speeding ticket: USAA
USAA has the cheapest car insurance premiums for drivers with speeding ticket violations on their records in Dyer. Its full coverage car insurance policy costs an average of $1,008 per year for drivers aged 30.
Remember that the cheapest car insurance company for you may not be the cheapest company for someone else. Ensure you compare car insurance quotes from various carriers to secure the most favorable deal. This way, you can find the insurance company that offers the best rates and coverage for your specific needs.
| Company | Average annual premium |
|---|---|
| USAA | $1,008 |
| State Farm | $1,179 |
| Nationwide | $1,638 |
| Geico | $1,708 |
| Travelers | $1,792 |
| Farmers | $2,252 |
| Progressive | $2,694 |
| Allstate | $2,950 |
Cheapest auto insurance after an at-fault accident: USAA
USAA is the cheapest auto insurance provider for drivers with a history of accidents. Its average annual rate for a driver with an at-fault accident in Dyer is $1,306. If you've had an accident in the past, it's important to find a provider that offers rates that are affordable and won't hurt your pocket.
| Company | Average annual rates |
|---|---|
| USAA | $1,306 |
| State Farm | $1,539 |
| Travelers | $1,834 |
| Nationwide | $1,853 |
| Geico | $2,016 |
| Farmers | $2,737 |
| Progressive | $3,635 |
| Allstate | $3,975 |
Cheapest auto insurance after a DUI: USAA
USAA is the carrier that offers cheap auto insurance rates in Dyer for drivers after a DUI. Its average annual rate for full coverage is $1,281.
If you are convicted of a DUI, your auto insurance rates are likely to go up. To obtain the best possible offer, it is essential to compare car insurance quotes from multiple carriers.
| Company | Average annual rates |
|---|---|
| USAA | $1,281 |
| State Farm | $1,963 |
| Geico | $2,159 |
| Travelers | $2,250 |
| Nationwide | $2,614 |
| Progressive | $2,808 |
| Farmers | $2,942 |
| Allstate | $3,433 |
Average car insurance cost in Dyer
In Dyer, the average annual cost for full coverage car insurance is around $1,610, which breaks down to approximately $134 per month. These rates are based on coverage levels of 100/300/100. On the other hand, the average yearly rate for state minimum coverage in Dyer is about $488.
Full coverage car insurance may cost more than the state minimum, but it offers valuable protection beyond just covering damage to other drivers' vehicles. Unlike state minimum, full coverage includes damage to your vehicle in addition to liability coverage.
You can potentially lower your full coverage premium by comparing quotes from different carriers. It allows you to find the best coverage at a competitive price.
| Average annual Rates | State minimum average |
|---|---|
| $1,610 | $488 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
