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.

CompanyAM BestJD PowerNAICInsurance.com scoreAverage Annual Premium
Auto-OwnersA++8330.53.85$1,188
TravelersA++8060.493.38$1,264
GeicoA++8310.913.28$986
State FarmA++8370.73.07$1,616
NationwideA+8210.643.04$1,309
ProgressiveA+8160.652.94$1,480
FarmersA8160.82.47$1,956
AllstateA+8220.652.4$2,324

Data updated in 2024
Read our full methodology

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 offers the cheapest full coverage car insurance in Indiana open to all drivers with average rates of $986 annually or $82 a month.

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.

Data updated in 2024
Read our full methodology

Average cost of car insurance in Indiana

The average cost of car insurance 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.

Auto insurance calculator

Average auto insurance rates in Indiana
30
16 17 18 19 20 21 22 23 24 25 30 35 40 45 50 55 60 65 70 75
Male
Male Female
46402 - Gary
For a 30-year-old male
$49 State minimum
$194 Full coverage
$60 Liability only

Most & least expensive ZIP codes for auto insurance in Indiana

Most Expensive

Zip CodeCityHighest Rate
46409Gary$194
46402Gary$194
46407Gary$191
46408Gary$188

Least Expensive

Zip CodeCityLowest Rate
46711Wabash$121
46772Blue Creek$122
46733Decatur$122
46740Jefferson$122
Data updated in 2024
Read our full methodology

Indiana car insurance requirements

Indiana’s minimum car insurance coverage limits are 25/50/25. Indiana's state minimum liability insurance costs an average of $410 annually or $34 monthly.

Minimum liability insurance requirements for Indiana:

  • Bodily injury liability (BI): $25,000 per person, $50,000 per accident
  • Property damage liability (PD): $25,000 per person

Cheapest car insurance companies for minimum liability coverage in Indiana

According to Insurance.com, Geico provides the cheapest state minimum liability insurance, averaging $237 annually or $20 monthly. USAA offers cheaper rates but has eligibility criteria.   

In the table below, see the most affordable car insurance companies with their state minimum coverage rates in Indiana.

State minimum auto insurance coverage in Indiana, IN
Company Liability insurance premiumMonthly liability insurance premium
USAA*$199$17
Geico$237$20
Auto-Owners$248$21
Indiana Farmers$342$28
State Farm$365$30
Travelers$368$31
Progressive$391$33
Indiana Farm Bureau Grp$485$40
Nationwide$540$45
Farmers$658$55
Allstate$676$56

*USAA offers coverage only to military veterans and their family

Data updated in 2024
Read our full methodology

Cheapest car insurance cost in Indiana by age

Indiana Farmers
Cheapest for teens
$3,077/yr
Learn more
company_name
Cheapest for adults
$985/yr
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company_name
Cheapest for seniors
$892/yr
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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.

Compare car insurance rates by age

Select your age group and age below to see the insurance company and its
average annual and average monthly premium rates.

Age group
Teen
Age
16
Table
Graph
Indiana Farmers$3,226$269
USAA$3,308$276
Auto-Owners$4,642$387
Nationwide$5,384$449
State Farm$5,662$472
Progressive$5,822$485
Travelers$5,950$496
Geico$6,248$521
Indiana Farm Bureau Grp$6,904$575
Allstate$7,656$638
Farmers$11,339$945
Yearly premium

*USAA is only available to military members and families.

Data updated in 2024
Read our full methodology

Cheapest car insurance companies in Indiana by driver profile

company_name
Cheapest for at-fault accident
$1,518/yr
Learn more
company_name
Cheapest for DUI
$1,830/yr
Learn more
company_name
Cheapest for speeding ticket
$1,697/yr
Learn more

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. 

CompanyClean RecordAccidentSpeeding Ticket
USAA$783$1,191$990
Auto-Owners$1,188$1,518$1,697
State Farm$1,616$1,955$1,746
Travelers$1,264$1,812$1,863
Nationwide$1,309$2,150$2,079
Geico$986$2,280$2,295
Progressive$1,480$2,911$2,301
Allstate$2,324$3,725$2,967
Farmers$1,956$3,655$2,968

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

Data updated in 2024
Read our full methodology

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
Data updated in 2024
Read our full methodology

Car insurance average rates increase most years and various factors contribute to these changes, including shifts in economic conditions, changes in state laws, and the number and severity of insurance claims.

That's why it's important to keep track of car insurance premiums to make better decisions. The graph below shows how insurance rates in Indiana have increased or decreased from 2020 to 2023.

Whether you're planning to renew your policy with your current insurer or looking for a new one, this analysis is invaluable for making informed insurance choices.

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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