Who Has the Cheapest Car Insurance Quotes in Indiana? (2023)
Who Has the Cheapest Car Insurance Quotes in Indiana? (2023)
Auto-Owners has the best cheap quotes for Indiana car insurance, with a minimum coverage rate of $22 per month.
Best cheap car insurance in Indiana
To help drivers find the best cheap auto insurance in Indiana, our editorial team collected quotes from top car insurance companies across every ZIP code in the state.
Quotes for minimum coverage meet Indiana's state minimum requirements of $25,000 in bodily injury liability coverage per person and $50,000 per accident and $25,000 in property damage coverage, along with $50,000 of uninsured motorist coverage bodily injury liability per accident. Full coverage quotes include higher liability limits than state minimums, along with comprehensive and collision protection.
We also ranked the best Indiana auto insurance companies based on the cost of insurance for different drivers, convenience, coverage availability and customer service reviews.
Cheapest minimum coverage car insurance in Indiana: Auto-Owners
Auto-Owners is the cheapest car insurance company for minimum liability quotes for most drivers, with an average rate of $22 per month. A minimum policy is one that only meets state requirements, and it is the cheapest form of auto insurance.
Find Cheap Auto Insurance Quotes in Indiana
State Farm is nearly as cheap as Auto-Owners at $26 per month for minimum liability car insurance. Drivers who qualify for USAA's coverage can get even cheaper quotes, but membership is only open to military members and qualified family members.
Cheapest minimum coverage car insurance in Indiana
Company | Monthly rate | |
|---|---|---|
| Auto-Owners | $22 |
| State Farm | $26 |
| American Family | $35 |
| Farm Bureau | $41 |
| Progressive | $41 |
USAA is only available to current and former military members and their families.
Cheapest full coverage quotes in Indiana: State Farm
State Farm is the best pick for cheap full coverage insurance in Indiana for most drivers. Quotes from State Farm average $809 per year, or $67 per month, which is 17% less than the next cheapest company, Auto-Owners.
Full coverage auto insurance in Indiana averages $1,278 per year, or $106 per month.
Cheapest full coverage car insurance
Company | Monthly rate |
|---|---|
| State Farm | $67 |
| Auto-Owners | $82 |
| American Family | $111 |
| Travelers | $111 |
| Progressive | $113 |
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 car that's less than 10 years old or worth more than $3,000. 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 noncollision damage to your car, like car theft or storm damage.
Cheap Indiana car insurance for drivers with prior incidents
State Farm offers the cheapest quotes in Indiana for most drivers without a clean driving record. A policy from State Farm is 23% to 46% cheaper than average for drivers with either a ticket, accident, DUI or poor credit.
Your average cost of car insurance in Indiana will typically increase if you have been in an at-fault accident or received a citation for a traffic violation.
Find Cheap Auto Insurance Quotes in Indiana
Cheapest car insurance after a speeding ticket: State Farm
State Farm has the cheapest car insurance for Indiana drivers who have been caught speeding. Compared to the average cost for drivers with a speeding ticket, State Farm's rate is $715 per year cheaper for full coverage.
Getting a speeding ticket can raise your rates by an average of 25%.
Company | Monthly rate |
|---|---|
| State Farm | $73 |
| Auto-Owners | $82 |
| American Family | $127 |
| Travelers | $140 |
| Farm Bureau | $145 |
Cheapest car insurance after an accident: State Farm
State Farm may have the best full coverage auto insurance rates for Indiana drivers who have been recently in an at-fault accident. The cost of auto insurance from State Farm is $90 per month, which is 46% cheaper than the state average of $167.
Company | Monthly rate |
|---|---|
| State Farm | $90 |
| Auto-Owners | $104 |
| Travelers | $155 |
| Farm Bureau | $181 |
| American Family | $190 |
In Indiana, having an accident on your record results in an average rate increase of 57%. Insurance companies increase rates for drivers with accidents because they are statistically more likely to be in another accident.
Cheapest car insurance in Indiana 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 $1,647 per year for full coverage. Getting a DUI is a serious offense that will lead to auto insurance companies charging you higher insurance premiums, at an average increase of 70% in Indiana.
Company | Monthly rate |
|---|---|
| State Farm | $137 |
| Progressive | $148 |
| Travelers | $162 |
| Auto-Owners | $196 |
| American Family | $211 |
Cheapest car insurance quotes for drivers with poor credit: State Farm
State Farm has the best rates for drivers with poor credit, with an average annual cost of $2,007 per year for full coverage — $304 per year cheaper than the state average.
The average cost of car insurance in Indiana is $2,311 for drivers with poor credit. Insurance companies typically charge higher rates to drivers with poor credit, due to a perceived risk that drivers with poor credit might be more likely to file a claim.
Cheapest Indiana car insurance for poor credit
Company | Monthly rate |
|---|---|
| State Farm | $167 |
| Geico | $180 |
| Travelers | $184 |
| Progressive | $185 |
| American Family | $201 |
Cheapest car insurance for teen drivers in Indiana: State Farm
State Farm has the cheapest quotes for young drivers in Indiana, with an average cost of $91 per month for minimum coverage — $33 cheaper per month than the state average. State Farm also offers the best rates for teen drivers shopping for full coverage insurance and those with a recent speeding ticket. However, young drivers who have been in an at-fault accident can find cheaper rates with Auto-Owners.
The average cost of car insurance for 18-year-old drivers in Indiana is $124 per month, or $1,484 per month — more than triple the price for older drivers.
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 18-year-old drivers averages $309 per month, which is almost three times as much as the average rate for 30-year-olds.
Cheapest Indiana car insurance companies for teens
Company | Liability only | Full coverage |
|---|---|---|
| State Farm | $91 | $211 |
| Auto-Owners | $92 | $250 |
| Progressive | $113 | $342 |
| Geico | $114 | $289 |
| Travelers | $136 | $317 |
Cheapest car insurance for young drivers after a ticket: State Farm
State Farm has cheap auto insurance rates for young drivers with one speeding ticket, offering minimum coverage that's 37% cheaper than average. Speeding could result in an increase in the cost of car insurance, around 28% on average, though the increase for drivers with a ticket is not as drastic as for drivers who experience an at-fault accident.
Company | Monthly rate |
|---|---|
| State Farm | $100 |
| Auto-Owners | $102 |
| Progressive | $148 |
| Geico | $149 |
| Travelers | $169 |
Cheapest car insurance for 18-year-old drivers after an accident: Auto-Owners
Auto-Owners has the most affordable car insurance for 18-year-olds who have been in an accident, which costs $125 per month for minimum coverage. Accidents nearly always lead the cost of car insurance to increase significantly, which means quotes for younger drivers who have been in an at-fault accident can be many times more expensive than for most drivers.
Company | Monthly rate |
|---|---|
| Auto-Owners | $125 |
| State Farm | $125 |
| Geico | $184 |
| Progressive | $189 |
| Travelers | $193 |
Cheapest car insurance quotes for married drivers in Indiana: State Farm
If you're a married driver in Indiana, State Farm has the cheapest full coverage quotes on average, followed by Auto-Owners and Progressive. Progressive offers the largest discount of any company, at 15%.
Married drivers can often see small savings on their car insurance premiums compared to single or unmarried drivers, with savings averaging $25 per year in Indiana.
Cheapest Indiana car insurance for married drivers
Company | Monthly rate per car |
|---|---|
| State Farm | $67 |
| Auto-Owners | $82 |
| Progressive | $96 |
| American Family | $111 |
| Travelers | $112 |
Best car insurance companies in Indiana
State Farm is the best insurance company in Indiana based on superior customer satisfaction ratings and coverage options plus some of the cheapest quotes in the state.
Auto-Owners, Farm Bureau and USAA are also good companies among the state's best car insurance companies.
Company |
Editor's rating
|
J.D. Power
|
AM Best
|
|---|---|---|---|
| State Farm | 842 | A++ | |
| Farm Bureau | NR | A | |
| USAA | 881 | A++ | |
| Auto-Owners | 837 | A++ | |
| Geico | 835 | A++ |
Average car insurance cost in Indiana by city
Gary is the most expensive city in Indiana for car insurance with an average rate of $152 per month. Berne has the cheapest rate on average, at $95 per month.
Full coverage car insurance rates in Indiana can vary by as much as $57 per month, 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 monthly cost | Percent from average |
|---|---|---|
| Aberdeen | $112 | 6% |
| Advance | $103 | -3% |
| Akron | $104 | -2% |
| Alamo | $101 | -5% |
| Albany | $98 | -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. That includes $25,000 of bodily injury coverage per person and $50,000 per accident, as well as $25,000 of property damage coverage and $50,000 of uninsured motorist coverage.
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, you should increase your liability limits to match the value of your assets, which include your savings, home equity and financial accounts. Your insurance company will only cover you up to the stated liability limits, which could mean paying for any additional repairs or medical bills out of pocket if an expensive car accident turns into a lawsuit.
Frequently asked questions
Who has the cheapest car insurance quotes in Indiana?
Auto-Owners offers the cheapest rate for minimum coverage car insurance in Indiana, at $22 per month. State Farm is the cheapest company for full coverage at $67 per month.
How much is car insurance in Indiana per month?
On average, full coverage car insurance in Indiana costs $106 per month, or $1,278 per year. Minimum coverage is $40 per month, or $476 per year.
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.
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. The average driver is a 30-year-old man with good credit and a 2015 Honda Civic EX.
The base policy has full coverage with the limits shown below.
Coverage type | Study limits |
|---|---|
| Bodily injury liability | $50,000 per person/$100,000 per accident |
| Medical payments coverage | $10,000 |
| Property damage liability | $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 rate 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 unless otherwise noted.
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.