To get the lowest rates, you should compare quotes from at least three companies. Type your ZIP code into the box above to start shopping among the top providers near you, or read on to learn which companies feature the lowest premiums in your city.
Cheapest auto insurance in Indiana: Erie
Erie 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 you can get. Premiums from Erie average $266 per year across the quotes we considered.
Find Cheap Auto Insurance Quotes in Indiana
However, if you're an active service member or a veteran, you'll be eligible for insurance with the cheapest overall option: USAA. USAA is only slightly cheaper than Erie by close to $1 per year.
Minimum liability car insurance policies have the cheapest premiums; however, they could end up costing you more in the long run if you need to file a claim. If you only carry the minimum state-required coverages, then you may have to pay out of pocket for repairs after an expensive accident.
Cheapest company for full coverage: Erie
The average cost of full coverage auto insurance in Indiana was $1,485 per year, or $124 per month, but drivers could find cheaper rates by comparing car insurance companies.
For cheap full-coverage insurance in Indiana, we recommend Erie for most drivers. However, those who qualify for USAA's coverage can actually get even cheaper coverage than what Erie offers.
Auto insurance policies with full coverage include liability insurance as well as comprehensive and collision coverage. This means you are covered for damage caused in an accident where you are at fault. Collision coverage pays for damage to your own vehicle.
Cheap car insurance for drivers with prior incidents
Your average cost of full coverage car insurance in Indiana will most likely be greater if you have been in an accident or received a citation for a traffic violation. With this in mind, we found the cheapest full coverage car insurance for drivers who:
Find Cheap Auto Insurance Quotes in Indiana
Cheapest for drivers with an accident: State Farm
Drivers in Indiana that have been recently in an at-fault accident may get the best auto insurance rates from State Farm. The cost of auto insurance from State Farm is $1,410 which is 40% cheaper than the state average of $2,339.
In Indiana, having an accident on your record could result in a premium increase of 57% 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 for people with a speeding ticket: Erie
Getting a speeding ticket can raise your rates by nearly as much as being in an accident. Drivers in Indiana who have been caught speeding could find the cheapest car insurance with Erie. Compared to the average cost for people with a speeding ticket, Erie's rates are nearly $600 cheaper.
Cheapest car insurance for drivers with a DUI: Progressive
Getting a DUI is a serious offense that will lead to auto insurance companies charging you higher insurance premiums. Drivers with a prior DUI on their records could get the cheapest rates from Progressive, which has an annual cost of $1,568.
Cheapest car insurance for drivers with poor credit: Geico
For drivers with poor credit, we found that the average cost of car insurance in Indiana is $2,102. Geico offers the best rates for these types of drivers with an average annual cost of $1,767 — over $300 cheaper than the state average.
Cheapest car insurance for married drivers: Erie
Married drivers can see small savings on their car insurance premiums compared to single or unmarried drivers. We found that married drivers can save an average of $42 per year compared to those who are unmarried. If you're a married driver in Indiana, Erie has the lowest rates on average, followed closely by Progressive and State Farm.
Cheapest car insurance for young drivers: Erie
The average cost of cheap car insurance for young drivers in Indiana is $1,453 per year, or $121 per month — about $1,000 more expensive than it is for older drivers.
Car insurance for young drivers is often much more expensive than it is for most people. The average cost of full coverage car insurance for younger drivers is $4,109 per year, nearly three times higher than it is for others.
If you are a young driver in Indiana looking for the cheapest rates, we recommend Erie, which has an average annual cost of $2,772 — over $1,000 cheaper than the state average. Another cheap option is State Farm, which costs $3,600 per year.
*USAA is excluded from rankings because it is only available to current and former military members and their families.
Cheapest for young drivers with one accident: Erie
Accidents nearly always cause 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. The most affordable car insurance for young people who have been in an accident comes from Erie, which costs $3,607 per year.
Cheapest for young drivers with one speeding ticket: Erie
Speeding can cause the cost of car insurance to increase, though not as drastically as for drivers who experience an at-fault accident. Young drivers with one speeding ticket could find cheap rates from Erie, which offers coverage that is 36% cheaper than average.
Best auto insurance companies in Indiana
According to our research, USAA is the best insurer in Indiana given the customer satisfaction ratings as well as the overall number of people that rated them as having "excellent" customer service.
However, if you're not eligible for USAA membership, then State Farm and Allstate are good choices as well. These companies were also rated very highly by respondents of our survey.
Percent of respondents overall extremely satisfied with most recent claim
Percent of respondents who rated customer service as "excellent"
Overall rank takes both claim satisfaction and customer service rankings into account.
For an alternative for great customer service, look at Auto-Owners. The insurer also had an impressively low NAIC Complaint Index, and an above-average claims satisfaction rating from J.D. Power.
NAIC Complaint Index (lower is better)
J.D. Power claims satisfaction score (Higher is better)
AM Best Financial Strength Rating
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
We found that full coverage car insurance rates in Indiana can vary by as much as $884 per year, depending on where you live in the state. Typically, auto coverage costs are greater in large cities, where accidents and auto theft are more common.
Average annual cost
Percent from average
Indiana rate changes by company
In Indiana, auto insurance providers decreased their premiums in 2020 by 4.4%, continuing a streak of lowering rates from previous years. State Farm showed the most significant decrease in premiums, reducing its rates 9.8% compared to 2019. Many other insurance providers in Indiana also decided to offer lower rates during 2020. For instance, Progressive and Erie reduced their rates 7.2% and 5.9%, respectively.
Premiums written (millions) 2019
Rate change 2019
Rate change 2020
|Indiana Farm Bureau||$292.0||1.0%||-1.7%|
Minimum requirements for auto insurance coverage in Indiana
Indiana requires drivers to have a minimum amount of liability coverage in their auto insurance policies.
|Bodily injury (BI)||$25,000 per person and $50,000 per accident|
|Property damage (PD)||$25,000 per accident|
|Uninsured motorist bodily injury (UMBI)||$25,000 per person and $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. Your insurer will only cover you up to the stated limits, which could leave you financially vulnerable after an expensive car accident.
Recap of the cheapest auto insurance in Indiana
- Minimum coverage: Erie
- Full coverage: Erie
- After an at-fault accident: State Farm
- After a speeding ticket: Erie
- After a DUI: Progressive
- Poor credit history: Geico
- Very good credit history: State Farm
- Married couples: Erie
- Young drivers: Erie
- Young drivers with one accident: Erie
- Young drivers with speeding ticket: Erie
Frequently asked questions
Who has the cheapest car insurance in Indiana?
Erie offers the cheapest rates for both full and minimum coverage car insurance in Indiana. The company charges an average of $266 per year for minimum coverage.
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. It also requires $25,000 per person and $50,000 per accident of uninsured motorist bodily injury coverage.
How much is car insurance in Indiana per month?
On average, full coverage car insurance in Indiana costs $124 per month, or $1,485 per year. Minimum coverage is $41 per month, or $488 per year.
Is Indiana a no-fault state for car insurance?
Indiana is not a no-fault state for car insurance. That means if you injure someone in a car crash or damage something, the resulting costs are paid though your liability coverage. It also means drivers or insurance companies can sue to recover a wider variety of damages.
We collected thousands of rates from ZIP codes across Indiana for the largest 10 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 with the following 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, above.
For other rates analyses (age, credit score, accident history and marriage status) the base policy listed above was alternated to reflect the new driver.
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.