Cheapest car insurance companies in Fort Wayne 

Geico and Auto-Owners have the cheapest car insurance premiums for Fort Wayne drivers in 2023, based on a data study by Insurance.com. 

Geico is the cheapest option for most Fort Wayne drivers, with an average annual rate of $955

Car insurance costs may vary in Fort Wayne based on your location, driving record, coverage level and the insurance company you choose. Increase your chances of getting the best deal by comparing car insurance quotes from multiple carriers. The following companies are known to offer the cheapest auto insurance rates in Fort Wayne.

CompaniesAverage annual rates
USAA$782
Geico$955
Auto-Owners$1,112
Travelers$1,168
Nationwide$1,226
Progressive$1,382
Indiana Farmers$1,490
State Farm$1,627
Farmers$1,903
Indiana Farm Bureau Grp$2,093
Allstate$2,183

Cheapest car insurance cost in Fort Wayne by Age Group 

USAA offers the cheapest full coverage car insurance for teenage drivers in Fort Wayne, with an average annual cost of $2,172 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.

USAA is the cheapest car insurance company for young adults. It offers full coverage auto insurance for young drivers in Fort Wayne at about $1,188 per year

You'll find that car insurance rates are much lower by the time drivers reach their 30s than they are for drivers in their 20s. The cheapest auto insurance company for adult drivers in Fort Wayne is USAA. Its average rate for a full coverage car insurance policy is $793 per year

If you are a senior driver in Fort Wayne 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 $845 per year

CompanyTeensYoung AdultsAdultsSeniors
USAA$2,172$1,188$793$845
Indiana Farmers$3,000$2,249$1,521$1,584
Auto-Owners$3,414$1,930$1,124$1,173
Geico$3,728$1,462$957$888
Travelers$3,993$1,889$1,196$1,211
Progressive$4,557$2,419$1,399$1,481
Nationwide$4,595$2,138$1,215$1,139
State Farm$5,013$2,827$1,642$1,590
Allstate$5,680$3,258$2,242$2,170
Indiana Farm Bureau Grp$6,135$3,678$1,980$1,936
Farmers$8,017$3,201$1,804$1,915

Cheapest car insurance companies in Fort Wayne by driver profile 

Insurers in Fort Wayne consider various factors, including driver profile, to calculate car insurance premiums. You can expect to pay significantly higher rates if you have a history of accidents or traffic citations on your driving record. On the other hand, those with a clean driving record enjoy more affordable coverage.

It's important to compare insurance quotes from at least three carriers to find the cheapest insurance company in Fort Wayne that suits your budget. 

Here's a list of car insurance companies that offer cheap insurance rates in Fort Wayne based on driver profile. 

Geico is the cheapest car insurance option for drivers with poor credit. Its average annual auto insurance cost for Fort Wayne drivers is $962

Drivers with poor or bad credit scores in Fort Wayne can consider the following car insurance companies to get the affordable car insurance coverage. 

CompanyAverage annual rates
Geico$962
Nationwide$1,178
USAA$1,434
Travelers$1,769
Farmers$2,129
State Farm$2,466
Progressive$2,471
Allstate$2,825

USAA offers the cheapest auto insurance rates for drivers with a speeding ticket in Fort Wayne. It offers full coverage car insurance for drivers aged 30 at about $958 per year

Finding the cheapest car insurance isn't a one-size-fits-all scenario. What may be the most cost-effective option for you might not be the same for someone else. That's why you should compare car insurance quotes from multiple carriers.

CompanyAverage annual premium
USAA$958
State Farm$1,101
Nationwide$1,463
Geico$1,467
Travelers$1,589
Farmers$1,923
Progressive$2,484
Allstate$2,698

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 Fort Wayne is $1,244. 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. 

CompanyAverage annual rates
USAA$1,244
State Farm$1,441
Travelers$1,629
Nationwide$1,651
Geico$1,733
Farmers$2,340
Progressive$3,364
Allstate$3,648

USAA is the cheapest option for Fort Wayne drivers seeking affordable auto insurance rates after a DUI conviction, at an annual rate of $1,220, on average.

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. 

CompanyAverage annual rates
USAA$1,220
State Farm$1,840
Geico$1,853
Travelers$1,984
Nationwide$2,313
Farmers$2,518
Progressive$2,612
Allstate$3,148

Average car insurance cost in Fort Wayne 

The average car insurance rate in Fort Wayne for full coverage is $1,447 per year or $121 a month. These rates are for coverage levels of 100/300/100. Whereas the average rate for state minimum coverage in Fort Wayne is $440 per year. 

Full coverage insurance costs more than the state minimum, but it provides comprehensive coverage for your car and coverage for other driver’s vehicle. To reduce your premium, you might want to compare quotes from various insurance companies.

Average annual RatesState minimum average
$1,447$440

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.

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