Average cost of car insurance in Indiana

The average car insurance rate in Indiana is $1,515 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Indiana is $417.

Best car insurance companies in Indiana

Auto-Owners is the best car insurance company in Indiana, based on an analysis by Insurance.com, with an overall rating of 3.85. Travelers is the second-best auto insurance company in Indiana, with an overall rating of 3.38.

Below is a full list of the top Indiana insurance companies based on price, NAIC complaint ratio and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best car insurance companies in Indiana
CompanyAM BestAvg. Annual PremiumJD PowerNAICInsurance.com score
Auto-OwnersA++$1,1888330.53.85
TravelersA++$1,2648060.493.38
GeicoA++$9868310.913.28
State FarmA++$1,6168370.73.07
NationwideA+$1,3098210.643.04
ProgressiveA+$1,4808160.652.94
FarmersA$1,9568160.82.47
AllstateA+$2,3248220.652.4

Cheapest car insurance companies in Indiana

Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.

We have gathered price quotes from all the major insurance providers in Indiana and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, USAA offers the cheapest car insurance in Indiana for military drivers at $783 per year. Geico is the cheapest auto insurance company in Indiana open to all drivers with average rates of $986 annually or $82 a month, on average, for full coverage.

CompanyState minimum liability50/100/50 liability100/300/100 liability with $500 deductible
USAA*$199$231$783
Geico$249$313$986
Auto-Owners$248$306$1,188
Travelers$361$431$1,264
Nationwide$549$576$1,309
Progressive$398$455$1,480
Indiana Farmers$353$430$1,604
State Farm$365$442$1,616
Farmers$704$938$1,956
Indiana Farm Bureau Grp$485$573$2,153
Allstate$676$784$2,324

*USAA is available only to military members and their families.

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Average auto insurance rates in Alabama
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36110 - Montgomery
For a -year-old
State minimum
Full coverage
Liability only

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Cheapest car insurance cost in Indiana by age

In Indiana, car insurance rates are higher for teenagers as they are more prone to accidents due to their lack of experience on the road.

Indiana Farmers offers the cheapest car insurance for teen drivers in Indiana at $3,077 per year for full coverage policy. USAA can get you cheaper rates if you are eligible.   

Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

In Indiana, If you are a non-military driver, Geico offers the cheapest full coverage car insurance for adult drivers (25-55 year-olds) and senior drivers (60-75 year-olds) at $985 per year and $892 per year, respectively. USAA offers cheaper car insurance for adult and senior military drivers in Indiana with an average annual rate of $795 and $832, respectively.

Cheapest car insurance by age in Indiana
Age Company Avg annual premium
Teens (16-19)USAA*$2,140
Teens (16-19)Indiana Farmers$3,077
Teens (16-19)Auto-Owners$3,395
Teens (16-19)Geico$3,715
Teens (16-19)Travelers$4,251
Teens (16-19)Progressive$4,588
Teens (16-19)State Farm$4,736
Teens (16-19)Nationwide$4,766
Teens (16-19)Allstate$5,751
Teens (16-19)Indiana Farm Bureau Grp$6,283
Teens (16-19)Farmers$8,062
Young Adults (20-24)USAA*$1,192
Young Adults (20-24)Geico$1,494
Young Adults (20-24)Auto-Owners$1,986
Young Adults (20-24)Travelers$2,036
Young Adults (20-24)Nationwide$2,250
Young Adults (20-24)Indiana Farmers$2,336
Young Adults (20-24)Progressive$2,512
Young Adults (20-24)State Farm$2,730
Young Adults (20-24)Farmers$3,253
Young Adults (20-24)Allstate$3,419
Young Adults (20-24)Indiana Farm Bureau Grp$3,767
Adults (25-60)USAA*$795
Adults (25-60)Geico$985
Adults (25-60)Auto-Owners$1,197
Adults (25-60)Travelers$1,293
Adults (25-60)Nationwide$1,294
Adults (25-60)Progressive$1,495
Adults (25-60)Indiana Farmers$1,623
Adults (25-60)State Farm$1,625
Adults (25-60)Farmers$1,856
Adults (25-60)Indiana Farm Bureau Grp$2,037
Adults (25-60)Allstate$2,380
Seniors (65-75)USAA*$832
Seniors (65-75)Geico$892
Seniors (65-75)Nationwide$1,194
Seniors (65-75)Auto-Owners$1,202
Seniors (65-75)Travelers$1,289
Seniors (65-75)Progressive$1,539
Seniors (65-75)State Farm$1,545
Seniors (65-75)Indiana Farmers$1,615
Seniors (65-75)Farmers$1,951
Seniors (65-75)Indiana Farm Bureau Grp$1,990
Seniors (65-75)Allstate$2,257

*USAA is only available to military members and families.

Cheapest car insurance companies in Indiana by driver profile

Drivers who have accidents or tickets are considered a higher risk and will pay more. 

However, the severity and frequency of the incidents will also play a role in insurance rates. For instance, drivers with a single minor accident may see a smaller increase in their rates compared to those with multiple major accidents.

Below are average Indiana rates by company for drivers with accidents and tickets on their driving record. 

Cheapest car insurance companies for tickets and accidents in Indiana
Company Clean record  Accident  Speeding Ticket
Geico$707$1,915$1,623
USAA*$810$1,377$1,059
State Farm$1,071$1,537$1,181
Nationwide$1,104$1,960$1,735
Travelers$1,165$1,801$1,760
American Family$1,251$1,585$1,745
Auto-Owners$1,327$1,922$2,122
Farmers$1,549$2,624$2,162
Progressive$1,641$3,739$2,781
Allstate$2,190$3,924$2,912

*USAA is only available to military members and their families.

Compare auto insurance rates by city in Indiana

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in Indiana.

CityAnnual insurance premium
Bloomington
$1,485
Dyer
$1,610
Fort Wayne
$1,447
Indianapolis
$1,627

Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 

Accidents: 

  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 

Tickets: 

  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket 

Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

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