- Best car insurance companies in Indiana
- Cheapest car insurance companies in Indiana
- Average cost of car insurance in Indiana
- Indiana car insurance requirements
- Cheapest car insurance companies for minimum liability coverage in Indiana
- Cheapest car insurance cost in Indiana by age
- Cheapest car insurance companies in Indiana by driver profile
- Compare auto insurance rates by city in Indiana
- Car insurance premium trends in Indiana
- Methodology
- Compare Indiana car insurance rates with other states
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.
| Company | AM Best | JD Power | NAIC | Insurance.com score | Average annual premium |
|---|---|---|---|---|---|
| Auto-Owners | A++ | 833 | 0.5 | 3.85 | $1,188 |
| Travelers | A++ | 806 | 0.49 | 3.38 | $1,264 |
| Geico | A++ | 831 | 0.91 | 3.28 | $986 |
| State Farm | A++ | 837 | 0.7 | 3.07 | $1,616 |
| Nationwide | A+ | 821 | 0.64 | 3.04 | $1,309 |
| Progressive | A+ | 816 | 0.65 | 2.94 | $1,480 |
| Farmers | A | 816 | 0.8 | 2.47 | $1,956 |
| Allstate | A+ | 822 | 0.65 | 2.4 | $2,324 |
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.
| Company | State minimum liability | 50/100/50 liability | 100/300/100 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.
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
Most & least expensive ZIP codes for auto insurance in Indiana
Most Expensive
| ZIP code | City | Highest rate |
|---|---|---|
| 46409 | Gary | $194 |
| 46402 | Gary | $194 |
| 46407 | Gary | $191 |
| 46408 | Gary | $188 |
Least Expensive
| ZIP code | City | Lowest rate |
|---|---|---|
| 46711 | Wabash | $121 |
| 46772 | Blue Creek | $122 |
| 46733 | Decatur | $122 |
| 46740 | Jefferson | $122 |
The Indiana Department of Insurance says...
Each newly written Indiana auto liability policy must include uninsured and underinsured motorist's coverage unless you reject this in writing. Minimum liability limits are:
- Uninsured Motorists: Bodily Injury: $25,000/$50,000
- Property Damage: $25,000
- Under insured Motorists: Bodily Injury: $50,000
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.
| Company | Liability insurance premium | Monthly 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
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.
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.
| 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 |
*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.
| Company | Clean record | Accident | Speeding 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.
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.
| City | Annual insurance premium |
|---|---|
Bloomington | $1,485 |
Dyer | $1,610 |
Fort Wayne | $1,447 |
Indianapolis | $1,627 |
Car insurance premium trends in Indiana
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.
Methodology
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.
Compare Indiana car insurance rates with other states
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