Who Has the Cheapest Car Insurance Quotes in Indiana? (2022)
Who Has the Cheapest Car Insurance Quotes in Indiana? (2022)
Auto-Owners has the best rates for Indiana drivers with a minimum coverage rate of $302.
Find Cheap Auto Insurance Quotes in Indiana
To get the lowest car insurance rates in Indiana, compare quotes from multiple companies.
Cheapest minimum coverage car insurance in Indiana: State Farm
Auto-Owners is the cheapest car insurance company for minimum liability, according to our rate analysis. A minimum policy is one that only meets state requirements, and it is the cheapest form of insurance.
Find Cheap Auto Insurance Quotes in Indiana
Drivers who qualify for USAA's coverage can get even cheaper coverage than what State Farm offers, but membership is only open to military members and their family.
Company | Annual rate | Monthly rate |
|---|---|---|
| Auto-Owners | $302 | $25 |
| State Farm | $349 | $29 |
| American Family | $450 | $37 |
| Geico | $504 | $42 |
| Progressive | $587 | $49 |
| Allstate | $960 | $80 |
| USAA | $273 | $23 |
USAA is only available to current and former military members and their families.
Cheapest full coverage car insurance in Indiana: State Farm
For cheap full-coverage insurance in Indiana, we recommend State Farm for most drivers. The rates we found for State Farm are $906 per year, which is $163 less than Auto-Owners.
Full coverage auto insurance in Indiana averages $1,345 per year, or $112 per month, but drivers could find cheaper rates by comparing car insurance companies.
Company | Annual rate | Monthly rate |
|---|---|---|
| State Farm | $906 | $76 |
| Auto-Owners | $1,069 | $89 |
| Geico | $1,366 | $114 |
| American Family | $1,453 | $121 |
| Progressive | $1,588 | $132 |
| Allstate | $2,254 | $188 |
| USAA | $777 | $65 |
USAA is only available to current and former military members and their families.
Full coverage is required if you have a car loan or lease, and it's recommended if you have a newer or valuable car. Auto insurance policies with full coverage include liability insurance as well as comprehensive and collision coverage. Collision coverage pays for damage to your own car after an accident where you're at fault, and comprehensive covers non-collision damage to your car, like car theft or storm damage.
Cheap car insurance for drivers with prior incidents
Your average cost of car insurance in Indiana will most likely be greater if you have been in an accident or received a citation for a traffic violation. State Farm and Geico have the cheapest full coverage car insurance for drivers with a less-than-perfect driving record.
Find Cheap Auto Insurance Quotes in Indiana
Cheapest car insurance after an accident: State Farm
Indiana drivers who have been recently in an at-fault accident may get the best full coverage auto insurance rates from State Farm. The cost of auto insurance from State Farm is $1,184 which is 46% cheaper than the state average of $2,208.
Company | Annual rate | Monthly rate |
|---|---|---|
| State Farm | $1,184 | $99 |
| Auto-Owners | $1,372 | $114 |
| Geico | $2,292 | $191 |
| American Family | $2,474 | $206 |
| Progressive | $3,155 | $263 |
| Allstate | $3,862 | $322 |
| USAA | $1,117 | $93 |
USAA is only available to current and former military members and their families.
In Indiana, having an accident on your record could result in a premium increase of up to 99%, depending on the insurer. Insurers increase rates for drivers with accidents because they are statistically more likely to be in an accident and therefore riskier to insure.
Cheapest car insurance after a speeding ticket: State Farm
Getting a speeding ticket can raise your rates by nearly as much as being in an accident. Indiana drivers who have been caught speeding could find the cheapest car insurance with State Farm. Compared to the average cost for drivers with a speeding ticket, State Farm's rates are $715 cheaper.
Company | Annual rate | Monthly rate |
|---|---|---|
| State Farm | $982 | $82 |
| Auto-Owners | $1,069 | $89 |
| American Family | $1,663 | $139 |
| Geico | $1,767 | $147 |
| Progressive | $2,444 | $204 |
| Allstate | $2,976 | $248 |
| USAA | $975 | $81 |
USAA is only available to current and former military members and their families.
Cheapest car insurance after a DUI: State Farm
Drivers with a DUI on their record could get the cheapest rates from State Farm, which has an annual cost of $1,836. Progressive's rates are not far behind at $1,981 per year. Getting a DUI is a serious offense that will lead to auto insurance companies charging you higher insurance premiums, an average increase of 77% in Indiana.
Company | Annual rate | Monthly rate |
|---|---|---|
| State Farm | $1,836 | $153 |
| Progressive | $1,981 | $165 |
| Auto-Owners | $2,607 | $217 |
| Geico | $2,727 | $227 |
| American Family | $2,767 | $231 |
| Allstate | $3,003 | $250 |
| USAA | $1,204 | $100 |
USAA is only available to current and former military members and their families.
Cheapest car insurance for drivers with poor credit: Geico
Geico offers the best rates for drivers with poor credit at an average annual cost of $2,054 — over $300 cheaper than the state average. The average cost of car insurance in Indiana is $2,054 for drivers with poor credit. Insurers typically charge higher rates to drivers with poor credit, due to a perceived risk that drivers with poor credit might not be able to pay their insurance bills.
Company | Annual rate | Monthly rate |
|---|---|---|
| Geico | $1,752 | $146 |
| Auto-Owners | $1,792 | $149 |
| State Farm | $1,881 | $157 |
| Progressive | $2,336 | $195 |
| American Family | $2,392 | $199 |
| Allstate | $2,922 | $243 |
| USAA | $1,302 | $109 |
USAA is only available to current and former military members and their families.
Cheapest car insurance for married drivers: State Farm
If you're a married driver in Indiana, State Farm has the lowest rates on average, followed by Auto-Owners and Progressive. In fact, Progressive offers the largest discount of any company 16%.
Married drivers can sometimes see small savings on their car insurance premiums compared to single or unmarried drivers. We found that married drivers can save an average of $38 per year compared to those who are not.
Company | Annual rate | Monthly rate |
|---|---|---|
| State Farm | $906 | $76 |
| Auto-Owners | $1,069 | $89 |
| Progressive | $1,333 | $111 |
| Geico | $1,437 | $120 |
| American Family | $1,453 | $121 |
| Allstate | $2,254 | $188 |
| USAA | $697 | $58 |
USAA is only available to current and former military members and their families.
Cheapest car insurance for young drivers in Indiana: Allstate
The average cost of cheap car insurance for 18-year-old drivers in Indiana is $1,216 per year, or $101 per month — more than double the price for older drivers.
Allstate has the cheapest rates for young drivers in Indiana, with an average annual cost of $901 for minimum coverage — over $315 cheaper than the state average. Another cheap option is Auto-Owners, which costs $1,057 per year.
Car insurance for young drivers is often more expensive because they don't have as much driving experience as older drivers. Full coverage car insurance for younger drivers averages $3,155 per year, 135% higher than it is for 30-year-olds.
Company | Liability only | Full coverage |
|---|---|---|
| Allstate | $901 | $2,108 |
| Auto-Owners | $1,057 | $2,696 |
| State Farm | $1,200 | $2,838 |
| Geico | $1,221 | $3,263 |
| Progressive | $1,772 | $4,503 |
| American Family | $1,834 | $5,267 |
| USAA | $528 | $1,413 |
USAA is only available to current and former military members and their families.
Cheapest car insurance for young drivers after a ticket: Allstate
Young drivers with one speeding ticket could find cheap rates from Allstate, which offers coverage that's 23% cheaper than average. Speeding could result in an increase to the cost of car insurance, though not as drastically as for drivers who experience an at-fault accident.
Company | Annual rate | Monthly rate |
|---|---|---|
| Allstate | $1,149 | $96 |
| Auto-Owners | $1,164 | $97 |
| State Farm | $1,320 | $110 |
| Geico | $1,594 | $133 |
| American Family | $2,264 | $189 |
| Progressive | $2,335 | $195 |
| USAA | $679 | $57 |
USAA is only available to current and former military members and their families.
Cheapest car insurance for young drivers after an accident: Auto-Owners
The most affordable car insurance for 18-year-olds who have been in an accident comes from Auto-Owners, which costs $1,425 per year. Accidents nearly always lead to the cost of car insurance to increase significantly, which means premiums for younger drivers who have been in an at-fault accident can be many times more expensive than for most drivers.
Company | Annual rate | Monthly rate |
|---|---|---|
| Auto-Owners | $1,425 | $119 |
| Allstate | $1,511 | $126 |
| State Farm | $1,629 | $136 |
| Geico | $1,965 | $164 |
| American Family | $2,971 | $248 |
| Progressive | $2,995 | $250 |
| USAA | $763 | $64 |
USAA is only available to current and former military members and their families.
Best car insurance companies in Indiana
State Farm is the best insurer in Indiana based on superior customer satisfaction ratings and coverage options, not to mention having some of the cheapest rates in the state.
Auto-Owners and USAA, if you're eligible, are also good choices as well among the state's best insurance companies.
Company |
Editor's rating
|
JD Power
|
AM Best
|
|---|---|---|---|
| State Farm | 851 | A++ | |
| Auto-Owners | 842 | A++ | |
| American Family | 844 | A | |
| Geico | 837 | A++ | |
| Progressive | 842 | A+ | |
| Allstate | 827 | A+ | |
| USAA | 895 | A++ |
All the companies we looked at had a Financial Strength Rating from AM Best of A or better, meaning AM Best believes they have an "Excellent" or "Superior" ability to pay out claims.
Average car insurance cost in Indiana by city
Gary, Indiana is the most expensive city for car insurance in Indiana with an average rate of $1,960, while Berne has the cheapest rates on average at $1,205 per year.
We found that full coverage car insurance rates in Indiana can vary by as much as $755 per year, depending on where you live in the state. Auto coverage costs are typically higher in large cities, where accidents and auto theft are more common.
City | Average annual cost | Percent from average |
|---|---|---|
| Aberdeen | $1,408 | 5% |
| Advance | $1,292 | -4% |
| Akron | $1,327 | -1% |
| Alamo | $1,278 | -5% |
| Albany | $1,233 | -8% |
Minimum requirements for auto insurance coverage in Indiana
Indiana requires drivers to have a minimum amount of liability coverage for their auto insurance policies.
Liability | Minimum coverage |
|---|---|
| Bodily injury (BI) | $25,000 per person and $50,000 per accident |
| Property damage (PD) | $25,000 per accident |
| Uninsured motorist bodily injury (UMBI) | $50,000 per accident |
Even though these are the lowest coverage limits you can get, we'd recommend increasing the limits to match how much your assets are worth, which includes your savings, home equity and financial accounts. Your insurer will only cover you up to the stated liability limits, which could leave you financially vulnerable if an expensive car accident turns into a lawsuit.
Recap of the cheapest auto insurance in Indiana
- Minimum coverage: Auto-Owners
- Full coverage: State Farm
- After a speeding ticket: State Farm
- After an at-fault accident: State Farm
- After a DUI: State Farm
- Poor credit history: Geico
- Married drivers: State Farm
- Young drivers: Allstate
- Young drivers after a ticket: Allstate
- Young drivers after an accident: Auto-Owners
Frequently asked questions
Who has the cheapest car insurance in Indiana?
Auto-Owners offers the cheapest rates for minimum coverage car insurance in Indiana, at $302 per year. State Farm is the cheapest for full coverage at $906.
What are Indiana's state minimums on car insurance?
The state of Indiana requires drivers to carry $25,000 per person and $50,000 per accident of bodily injury liability auto insurance coverage and $25,000 in property damage coverage. You'll also need $50,000 in uninsured motorist bodily injury coverage.
How much is car insurance in Indiana per month?
On average, full coverage car insurance in Indiana costs $112 per month, or $1,345 per year. Minimum coverage is $41 per month, or $489 per year.
Is Indiana a no-fault state for car insurance?
No, Indiana is an at-fault state for car insurance. This means if you injure someone in a car crash or cause damage, your liability coverage will pay for the costs. It also means drivers or insurance companies can sue to recover a wide range of damages.
Methodology
We collected thousands of rates from ZIP codes across Indiana from the state's largest insurers. We used a sample driver with the following profile:
- 30-year-old man
- Drives a 2015 Honda Civic EX
- Average credit
The base policy for the study was a full-coverage policy:
Coverage type | Study limits |
|---|---|
| Bodily liability | $50,000 per person/$100,000 per accident |
| Personal injury protection | $10,000 |
| Property damage | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
For our minimum-coverage policy, we quoted a policy with the minimum required limits in Indiana. For other rates analyses (age, credit score, accident history and marital status), the base policy was altered to reflect the new driver. Rates for 18-year-old drivers are for minimum coverage.
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.