Cheapest Car Insurance Indiana

Because insurance coverage rates are slightly cheaper in Indiana than the national average, you have a good chance at finding great car insurance in Indiana at excellent rates. Here, we’ll look at the cheapest car insurance companies and coverage options in the state.

Cheapest Car Insurance Companies in Indiana

Some of the cheapest auto insurance companies in Indiana are USAA, Geico, State Farm and Indiana Farmers Mutual. Below is a table showing their overall ratings, as well as their rates across coverage and cost.

Top Indiana Auto Insurance Companies	Overall Rating	Coverage Rating	Cost Rating	Learn More
USAA Learn More	9.5	9.8	9.5	Learn More
Geico Learn More	9.2	8,.5	8.5	Learn More
State Farm Learn More	9.2	8.3	9.0	Learn More
Allstate Learn More	8.2	7.8	8.0	Learn More

Top Indiana Auto Insurance Companies	Overall Rating	Coverage Rating	Cost Rating	Learn More
USAA Learn More	9.5	9.8	9.5	Learn More
Geico Learn More	9.2	8,.5	8.5	Learn More
State Farm Learn More	9.2	8.3	9.0	Learn More
Allstate Learn More	8.2	7.8	8.0	Learn More

*Our research team considers nationwide factors when scoring providers. The ranking of providers in this table is specific to car insurance in Indiana.

Cheapest Car Insurance Coverage in Indiana

Coverage level has a major impact on rates. Many quotes from providers include estimates for minimum liability and full coverage car insurance. While only minimum liability is required by the state, it’s a good idea for drivers to consider full coverage auto insurance.

Below are the cheapest auto insurance options in Indiana for both coverage types.

Cheapest Full Coverage Car Insurance in Indiana

With rates in the state well below the national average, the cheapest car insurance in Indiana is among the most affordable in the country. We found rate estimates for full-coverage policies as low as $806 per year, or $67 per month.

In the table below, you’ll find the providers that offer the cheapest full-coverage plans in the state of Indiana.

Cheapest Liability Car Insurance in Indiana

Minimum coverage rates in Indiana are also cheaper than the nationwide average. The average estimate for liability insurance in Indiana is $428 per year, or $36 per month. This rate is 33% less expensive than the national average for liability coverage of $635 per year.

A person’s age, driving record and credit score can have a huge impact on their cost of car insurance in Indiana. Below we compare cheap car insurance estimates for Indiana drivers in these categories.

Cheapest Car Insurance for Young Drivers in Indiana

Drivers in their teens and 20s will pay more for car insurance than older drivers. Car insurance for teenagers can be some of the most expensive in the nation. The tables below go over how much auto coverage will cost for different ages.

Cheapest Indiana Car Insurance for 16-Year-Olds

Allstate typically offers the cheapest coverage in Indiana for 16-year-old drivers at an estimated $1,965 per year, or $164 per month. The average estimate for 16-year-old Indiana drivers is $4,569 per year, or $381 per month. This is 243% more expensive than the state average.

Cheapest Indiana Car Insurance for 17-Year-Olds

While young drivers can’t expect to find incredibly cheap car insurance, Indiana Farmers Insurance tends to have the lowest rates for 17-year-olds with an average estimate of $1,954 per year, or $163 per month. In Indiana, the average estimate for 17-year-old drivers is $3,589 per year, or $299 per month. That’s 169% more expensive than the average for the state.

Cheapest Indiana Car Insurance for 18-Year-Olds

For 18-year-old drivers in Indiana, Indiana Farmers Insurance typically offers the lowest rates at an estimated $1,894 per year, or $158 per month. The average estimate in Indiana for 18-year-old drivers is $3,186 per year, or $266 per month. This is 139% more expensive than the average estimate in the Hoosier State.

Cheapest Indiana Car Insurance for 21-Year-Olds

In Indiana, Geico typically offers the cheapest car insurance for 21-year-old drivers with an average estimate of $1,142 per year, or $95 per month. The average estimate in Indiana for 21-year-old drivers is $2,074 per year, or $173 per month. This is 56% more expensive than the state average.

Cheapest Indiana Car Insurance for 25-Year-Olds

Geico tends to offer the cheapest car insurance in Indiana for 25-year-old drivers at an estimated cost of $863 per year, or $72 per month. In Indiana, the average estimated rate for 25-year-olds is $1,546 per year, or $129 per month. This is 16% higher than the average estimate for the state.

Cheapest Indiana Car Insurance for High-risk Drivers

In addition to your age and location, insurers take into account information about you such as your driving history and credit score when they calculate your rates. Knowing who offers the cheapest car insurance in Indiana for drivers in different situations can help you find the best rates on coverage.

Cheapest Indiana Car Insurance for Drivers With a Speeding Ticket

A speeding ticket on your driving record will lead to auto insurance policy costs that are much higher than average. Hoosier State motorists who’ve been caught speeding generally pay around $1,930 per year.

Cheapest Indiana Car Insurance for Drivers With a Recent Accident

Those who’ve been involved in a recent at-fault accident get charged about $2,710 per year for full coverage car insurance in Indiana. You’ll be deemed as risky, so providers will require higher car insurance premiums due to your driving history.

Cheapest Indiana Car Insurance for Drivers With a DUI

Expect to get charged around $2,241 per year after driving under the influence (DUI) to maintain full coverage car insurance in Indiana. Your status as a high-risk driver will make it challenging to find extremely affordable car insurance, in this case.

Cheapest Indiana Car Insurance for Drivers With Poor Credit

It can be difficult to acquire the cheapest rates on car insurance when you’ve got a bad credit score. Indiana drivers with poor credit typically pay around $1,995 per year in return for a full coverage car insurance plan.

For those who would like to know about the cheapest auto insurance in the Hoosier State, the sections below contain more detailed information:

According to our research data, the average cost of full coverage car insurance in Indiana is $1,332 per year, or $111 per month based on a standardized profile of a 35-year-old driver with good credit and a clean driving record. This is 23% cheaper than the national average rate of $1,730 per year, which places Indiana among the 10 cheapest states for car insurance.

Indiana Car Insurance Cost by Age

Age is usually the most influential factor in your car insurance costs. Like everywhere else, teen drivers and other young drivers in Indiana pay substantially more for coverage than other age groups. Rates tend to reach their lowest for middle-aged drivers.

The table below shows the average rate estimates for Indiana drivers of different ages.

As you can see, the older you get, the cheaper your auto insurance will be in Indiana. 

Cost of Indiana Car Insurance by City

While car insurance rates always vary between states, they also vary between different areas of the same state. Different cities, towns and ZIP codes have different risk factors associated with them, so insurance companies adjust their rates accordingly. That’s why someone living in Bloomington might have different rates than their friend in South Bend, even when all other factors are the same.

The following table displays the average cost of car insurance for the 25 most populous cities and towns in Indiana.

Insurance Rates Cost Factors

When you shop for car insurance quotes online, the rates you receive will likely vary from the estimates that appear in this article. That’s because insurance companies calculate your rates based on a few different variables related to you and your vehicle.

While we’ve covered how age, location and driving history affects car insurance premiums, here are some other factors that have a significant influence:

• Marital status: If you’re a married driver, you’re more likely to bundle insurance policies or buy a home, so insurance companies will see you as a lower financial risk and you’ll get better rates.
• Gender listed on your driver’s license: Male drivers tend to pay more than female drivers at certain ages, especially when they are in their teens and 20s.
• Deductible choice: Choosing a higher deductible means your premium will be lower, but you’ll have to pay more out of pocket when an at-fault accident occurs.
• Discount choices: If you take part in usage-based insurance or other discounts offered by your provider, your premium prices could drop significantly.
• Vehicle details: If your car is newer and has more added safety and entertainment features, this means it will likely cost more to repair or is more likely to be stolen — so providers charge higher premiums for you.

Indiana is an at-fault state for car insurance, meaning that whoever causes a car accident is required to cover all damages incurred. As with most at-fault states, the average cost of car insurance in Indiana sits lower than the national average.

Indiana Minimum Coverage Requirements

Every driver in Indiana must either meet or exceed the state minimum coverage limits. Below, we’ll look at exactly what’s required for car insurance in Indiana.

• Bodily injury liability insurance: $25,000 per person and $50,000 per accident
• Property damage liability coverage: $25,000 per accident

You don’t need uninsured motorist bodily injury coverage, underinsured motorist coverage, comprehensive insurance or medical payments coverage to drive in Indiana.

Many motorists like to move beyond the relatively basic coverage required in the Hoosier State. Those who are considering further coverage should consider both comprehensive and collision insurance policies.

How To Get Car Insurance in Indiana

Turn to USAA, Geico, State Farm and Indiana Farmers Mutual if you’re looking for the cheapest car insurance in Indiana. Also remember to compare car insurance quotes from multiple providers and consider all your coverage options before landing on a final decision.

In this article, we reviewed the cheapest auto insurance companies, coverage and rates in the state of Indiana. We also looked at average cost of car insurance and coverage requirements in the Hoosier State. To get the best price for you, compare car insurance quotes from multiple providers, and consider buying full coverage from USAA, State Farm or Geico.

Cheapest Car Insurance in Indiana: FAQ

Below are some frequently asked questions about the cheapest car insurance in Indiana:

Our Methodology

Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best car insurance companies. We collected data on dozens of auto insurance providers to grade the companies on a wide range of ranking factors. The end result was an overall rating for each provider, with the insurers that scored the most points topping the list.

Here are the factors our ratings take into account:

• Cost: Auto insurance rate estimates generated by Quadrant Information Services and discount opportunities were both taken into consideration.
• Coverage: Companies that offer a variety of choices for insurance coverage are more likely to meet consumer needs.
• Reputation and experience: Our research team considered market share, ratings from industry experts and years in business when giving this score.
• Availability: Auto insurance companies with greater state availability and few eligibility requirements scored highest in this category.
• Customer experience: This score is based on volume of complaints reported by the NAIC and customer satisfaction ratings reported by J.D. Power. We also considered the responsiveness, friendliness and helpfulness of each insurance company’s customer service team based on our own shopper analysis.

Our credentials:

• 800 hours researched
• 45 companies reviewed
• 8,500+ consumers surveyed

*Data accurate at time of publication.