Cheap Auto Insurance in Kokomo, Indiana

We researched prices at the top insurance companies in Kokomo and found that The Cincinnati offers the cheapest car insurance rates for residents, with an average cost of $756 per year. This quote was 43% lower than the city average in Kokomo. However, since auto insurance rates are determined based on a wide variety of factors, including your age and driving history, the price you receive from an insurer may be significantly different from another person in your city. Therefore, we recommend comparing quotes from multiple car insurance companies before buying a policy. To get started finding car insurance quotes from companies near you in Kokomo, you can enter your ZIP code above.

Kokomo, Indiana Car Insurance Costs

The average cost of auto insurance in Kokomo is $1,322 per year, based on our analysis of a sample driver in the city. This annual rate is 3% cheaper than the statewide average in Indiana, which is $1,365 per year. Based on the insurers we sampled, annual car insurance rates varied by $2,580 between the cheapest company, The Cincinnati, and the most expensive company, Hanover. Given the significant difference in pricing between insurers, and that your rates may differ based on your profile, we recommend that drivers compare car insurance quotes before purchasing a policy.

Kokomo, Indiana Auto Insurance Agents

When shopping for auto insurance, you may want to work with a local agent in order to get in-person assistance with choosing the right coverage or managing your policy later on. To help you find a local agent to assist with your insurance needs, we've collected a directory of agents near you in Kokomo, Indiana.

Auto Insurance Requirements in Kokomo, Indiana

All Indiana drivers, including residents of Kokomo, must maintain liability insurance with limits that meet or exceed the requirements in the Hoosier State. In Indiana, the minimum car requirements are:

Keep in mind that these are just the state-required minimums, and they only provide coverage for other parties if you're found to be at fault in a collision. If you want auto insurance that would also provide coverage for your own injuries and vehicle in an accident, you would need to add these to your policy as well. Comprehensive and collision insurance, for instance, aren't required in Indiana, but they cover your vehicle if it is stolen or damaged due to a wider set of circumstances.

Kokomo, Indiana Motor Vehicle Theft and Fatality Statistics

In Kokomo, there have been 30 fatal car crashes resulting in 36 total deaths. Auto insurance companies take the frequency of auto accidents into account when determining local rates for drivers, even if you haven't been involved in a collision. That's because you're more likely to be struck by another vehicle. If you live in a city with a high frequency of serious auto accidents, you can typically expect to pay more for auto insurance than areas with safer roads.