Indiana Farmers vs. Safe Auto: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Indiana Farmers offers significantly more affordable premiums than Safe Auto
• Indiana Farmers has cheaper rates for people who are single and purchasing auto insurance by yourself
• Safe Auto offers more discounts than Indiana Farmers Insurance

Indiana Farmers vs. Safe Auto: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering large discounts. But exactly how much can you save by switching?

You might have narrowed your search down to Indiana Farmers or Safe Auto as your top options, but between the two, which carrier will save you the most?

Looking at nationwide averages, Indiana Farmers has average rates that are about 65% per month less expensive than those from Safe Auto.

However, Indiana Farmers may not be the lowest or best option for every single driver out there. Car insurance companies use tons of complex algorithms to calculate premiums, so depending on how good your credit score is or how clean your driving record is (among lots of other factors), you could see wildly different rates from the ones above.

Wanting to know if Indiana Farmers or Safe Auto is really the right company for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Indiana Farmers or Safe Auto: Average Car Insurance Rates by State

Indiana Farmers and Safe Auto only compete against each other in Indiana, where Indiana Farmers offers the cheaper average rates. For Indiana residents, undefined offers insurance for undefined per month on average. undefined's average premiums come out to be more expensive, at undefined a month.

But there's more to car insurance than just where you call home. As we mentioned above, there's a lot of things that go into how auto insurance carriers determine your prices. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for insurance compared to older drivers. The reason is that young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

That being said, that doesn't mean teen drivers can't still save money on their auto insurance. For example, 18-year-old drivers pay an average of more than $300 less a month by choosing Indiana Farmers over Safe Auto.

But with both companies, you'll see your premiums reduce significantly by the time you turn 25. For example, average rates for Indiana Farmers policyholders drop nearly 45% and Safe Auto's prices decrease over 50% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the most affordable car insurance premiums out there. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for insurance.

When looking at Indiana Farmers and Safe Auto specifically, which carrier is best for retired drivers? Indiana Farmers gets the edge here, with average prices coming in at around $67 monthly compared to Safe Auto's $179.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive auto insurance premiums than married policyholders. That's because policies for married couples usually cover more than one car, which several carriers will offer you a discount for.

When it comes to relationship status, Indiana Farmers is the clear winner for single drivers, with prices about $167 per month more affordable than Safe Auto, on average. The advantage for married drivers with Indiana Farmers is also obvious, where drivers save more than $100 a month.

Indiana Farmers vs. Safe Auto: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident, which means they'll normally end up paying more for car insurance than women.

On average, men see rates almost 10% per month higher with Indiana Farmers, and around 7% with Safe Auto.

Looking at the data for each company specifically, Indiana Farmers comes out as the lowest option for both genders. On average, male drivers save about $147 a month and women save about $137 with Indiana Farmers compared to the average Safe Auto policyholder.

Indiana Farmers or Safe Auto: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

Insurance isn't the easiest topic to understand. Everyone needs auto insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

Even so, most policies that many drivers look at fall into two categories -- liability only (that covers bodily injury and property damage for other drivers and their passengers if you cause a collision) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with a liability policy).

If you're looking for state minimum liability limits, Indiana Farmers usually offers significantly less expensive premiums of $44 compared to Safe Auto's $126. When it comes to full coverage policies with similar limits, Indiana Farmers again has the edge, with policies around $200 per month cheaper than Safe Auto, on average.

Is Indiana Farmers or Safe Auto Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

It's no secret secret that tickets and at-fault accidents lead to higher prices, but which carrier -- Indiana Farmers or Safe Auto -- has the cheapest rates for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Indiana Farmers policyholders can expect their prices to go up an average of $14 a month if they get a ticket, while Safe Auto normally raises rates about $40 per month, on average.

That being said, Indiana Farmers tends to offer the best prices for both drivers who have clean records and those with a recent speeding ticket, offering premiums that are 61% and 62% less expensive, respectively, compared to Safe Auto.

Which Company is Best for Drivers After an Accident?

Indiana Farmers drivers who get in an accident can expect to see their prices rise by over 15%, while those who have insurance through Safe Auto will see around a 25% increase.

Overall, the more affordable premiums come from Indiana Farmers, with monthly rates averaging $84 compared to Safe Auto's $246.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or ticket when it comes to your car insurance bill. For example, Safe Auto increases average premiums by $65 a month -- that's over a 25% increase.

How does Credit Score Impact Indiana Farmers and Safe Auto Rates?

Did you know that many auto insurance companies take your credit score into account when calculating rates? This isn't always the case (Hawaii, for example, has banned the use of credit score as a rating factor) but it will come into play for many policyholders.

Insurance carriers argue that those with poor credit scores are less likely to pay their bills on time each month, which increases the risk involved on their end, while the opposite is true for those with good credit.

Looking at Indiana Farmers and Safe Auto specifically, which company has the best prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Indiana Farmers or Safe Auto Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in how much car insurance companies will charge for coverage. Generally, those who drive fewer miles will end up with cheaper premiums since there's less of a chance of getting into a collision and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Safe Auto charges. However, there's a small difference in monthly prices for Indiana Farmers, with policyholders who drive the least paying about $2 less every month compared to those who drive 12,000 miles each year. Still, Indiana Farmers is the less expensive option for drivers in both categories.

Indiana Farmers vs. Safe Auto: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can play a pretty big role in how much you pay for insurance. Typically, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers because there are a lot fewer vehicles on the roads in those areas.

Indiana Farmers boasts the lowest average premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

Policyholders in rural ZIP codes see the cheapest rates from both carriers, but Indiana Farmers comes out on top with average prices around $72 a month. Indiana Farmers also has more affordable average premiums for drivers in urban and suburban ZIP codes -- a 68% and 59% per month respective difference when compared to Safe Auto policyholders in similar areas.

Indiana Farmers vs. Safe Auto Discounts

You want to save as much money as possible, right? The best way to do that is by taking advantage of as many car insurance discounts as you can.

But with what seems like a million different discounts out there, it can be hard to nail down the carrier that has the most discounts for your unique driver profile and to find all the discounts you qualify for.

In the section below, we've taken a look at all of the different discounts Indiana Farmers and Safe Auto offer their customers so that you can find the one that has the most discounts and, therefore, the biggest savings.

Safe Auto knocks Indiana Farmers out of the park when it comes to the sheer number of discounts available, offering six more discounts than Indiana Farmers.

There are a couple discounts both companies offer, but Safe Auto also offers agency transfer discounts, anti-theft discounts, claim free discounts, and more that Indiana Farmers does not.

On the flip side, Indiana Farmers has a couple unique discounts of its own -- advance quote discounts, discounts for being a good driver, discounts for being a good student, and more.

Final Thoughts: Is Indiana Farmers or Safe Auto Best for You?

So, we've broken down the average rates for many of the factors auto insurance carriers look at, and we've shown you all the discounts each company offers. That's all well and good, but when it comes down to it, which insurance carrier is the right company for you and your specific needs?

Indiana Farmers might be best for you if....

• You're single and purchasing insurance by yourself.
• Your credit score is high.
• You drive often but have a short commute.

Safe Auto might be best for you if...

• You already have plans to move to another state -- undefined only offers policies to residents.
• You're looking for the company with the most discounts.

We hope this guide has ben a valuable resource as you compare Indiana Farmers and Safe Auto. We also hope we've given you the information you need to make the best decision about your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from multiple companies, not just Indiana Farmers and Safe Auto. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Indiana Farmers vs. Safe Auto FAQs

Is Indiana Farmers or Safe Auto cheaper?

Looking just at the national average premiums, Indiana Farmers is the cheaper of the two companies, offering average rates of $81 a month compared to $223 for Safe Auto. Even so, Indiana Farmers won't necessarily be the most affordable carrier for every driver, since there are many different variables that come into play when it comes to your car insurance cost.

Who is better, Indiana Farmers or Safe Auto?

Unfortunately, the only answer we can give you is "it depends.". Neither company is "better" for each driver -- it all depends on what your unique insurance profile looks like.

Why do Indiana Farmers and Safe Auto offer me different rates?

Auto insurance carriers take a look at a lot of different factors when determining the rates they charge drivers. Things such as gender, age, where you call home, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Indiana Farmers and Safe Auto calculate prices differently, so each one will most likely offer different rates. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a bunch of different companies.

How do I know if Indiana Farmers or Safe Auto is right for me?

The only way to find the insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best car insurance companies in your area. That way, you can guarantee you're getting the most affordable premium. And who knows, the best carrier for you might not be Indiana Farmers or Safe Auto at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.