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Car insurance coverage in Indianapolis costs an average of $1,366 annually for full coverage. That's $81 more expensive than the national average of $1,447. If you are looking for the cheapest car insurance in Indianapolis, consider comparing quotes from multiple insurers. Rates can vary by hundreds of dollars, depending on your age, driving record, and the type of car you own.

Read this guide to find out which insurance companies in Indianapolis provide the best car insurance coverage for you. Also, know about the carriers that have the best ratings for customer satisfaction and what rate each provider offers for your specific situation.

Cheapest car insurance companies in Indianapolis

GEICO Advantage is the cheapest car insurance company in Indianapolis with an average cost of $747 per year, based on insurance.com's rate analysis. While United Svcs Automobile Assn is second in terms of the cheapest car insurance companies in Indianapolis. The table below shows how major insurance carriers rank for price.

CompanyAverage Annual Rates
GEICO Advantage$747
United Svcs Automobile Assn$775
American Family$1,019
Standard Fire$1,069
State Farm Mutl Automobile Ins$1,119
Depositors$1,154
Auto-Owners$1,298
Progressive Paloverde$1,627
Farmers New Century$1,653
Allstate P&C$2,086
Metropolitan P&C$2,476

Cheapest car insurance cost in Indianapolis by age group

Among the carriers surveyed by Insurance.com, Progressive Paloverde Ins Co is the cheapest car insurance company for adult drivers. It offers insurance at about $885 a year or $74 a month.

Rates typically drop as you gain more experience on the road and adult drivers can save money by shopping around and availing themselves of the discounts for which they are eligible. Progressive Paloverde Ins Co is also the cheapest auto insurance company for seniors with an average cost of $796 annually.

Car insurance rates go up for drivers after they enter their senior years, but they can trim their insurance costs by comparing quotes. Apart from shopping around, seniors can take advantage of the driver discounts available to lower their car insurance premiums.

Geico Cas Co offers the cheapest car insurance for young adults in Indianapolis at about $1,213 a year. While Geico Cas Co is the cheapest insurance provider for teen drivers for full coverage at an average of $2,570 a year.

The table below shows that young drivers pay higher car insurance rates than adult and senior drivers because of the lack of experience on the road. But young drivers can lower their insurance rates by shopping around, by taking advantage of the good student discount, or by staying on their parents' insurance policy for as long as they can.

Company NameAdultsSeniorsTeensYoung Adults
Progressive Paloverde Ins Co$885$796$4,477$1,590
Geico Cas Co$897$855$2,570$1,213
State Farm Mut Auto Ins Co$1,170$1,116$3,623$2,004
Depositors Ins Co$1,322$1,228$5,090$2,435
Farmers New Century Ins Co$1,623$1,499$8,387$2,889
Allstate Prop & Cas Ins Co$1,977$1,946$6,754$2,868

Cheapest car insurance companies in Indianapolis by driver profile

Location and driving record are the two important factors that determine the cost of your car insurance. Your driving record can either raise or lower your car insurance premium depending on whether you have a good or bad driving history.

However, you can still find affordable coverage in Indianapolis no matter what your driving history looks like. Make sure you compare the rates of different insurance companies to get the best deal possible.

  • Cheapest for a driver with Poor Credit: Geico
  • Cheapest for a driver with a speeding ticket: United
  • Cheapest for accident: United
  • Cheapest for DUI: United

Cheapest for a driver with poor credit: Geico

Geico is the cheapest car insurance company for a driver with poor credit in Indianapolis. Its average annual rate is $1,581 or $132 a month.

Insurance companies often require that car drivers have good credit scores, and those with bad or poor credit may face more expensive rates.

CompanyAvgerage Annual Rates
Geico$1,581
United$1,893
Depositors Ins Co$2,293
Standard Fire Ins Co$2,521
American Family Ins Co$2,690
Auto-Owners Ins Co$3,043
Farmers Ins$3,139
Allstate$3,288
State Farm$3,674
Progressive$4,053
Metropolitan$10,244

Cheapest auto insurance for drivers with a speeding ticket: United

United is the cheapest auto insurance company for a driver with a speeding ticket in Indianapolis. Its average annual premium is $1,307 annually or $109 per month.

If you get a speeding ticket, it can lead to higher insurance rates for 3-5 years. Make sure you compare price quotes from multiple insurers before you decide on the company.

CompanyAvgerage Annual Rates
United$1,307
State Farm$1,611
Standard Fire Ins Co$2,191
Geico$2,304
American Family Ins Co$2,395
Auto-Owners Ins Co$2,449
Depositors Ins Co$2,558
Farmers Ins$2,671
Allstate$3,065
Progressive$3,757
Metropolitan$7,030

Cheapest auto insurance after an at-fault accident: United

United offers the cheapest car insurance rates for a driver with an accident record in Indianapolis at about $1,543 per year. Apart from United, State Farm, Auto-Owners , and American Family are other cheap insurance companies on our list.

CompanyAvgerage Annual Rates
United$1,543
State Farm$2,037
Auto-Owners Ins Co$2,117
American Family Ins Co$2,177
Standard Fire Ins Co$2,197
Geico$2,257
Depositors Ins Co$2,580
Farmers Ins$2,960
Allstate$3,917
Progressive$4,664
Metropolitan$8,280

Cheapest auto insurance after a DUI: United

United is the cheapest insurance company for a driver after a DUI or DWI offense in Allakaket at about a $1,627 year.

If you're convicted of a DUI, your insurance rates will go up and it could be years before they come down again. So, it's important to shop around and find the best deal for you.

CompanyAvgerage Annual Rates
United$1,627
State Farm$1,867
Standard Fire Ins Co$2,294
American Family Ins Co$2,395
Geico$2,400
Farmers Ins$2,909
Progressive$3,066
Allstate$3,078
Depositors Ins Co$3,212
Auto-Owners Ins Co$4,328
Metropolitan$9,763

Average car insurance cost in Indianapolis

The average car insurance rate in Indianapolis is $1,366 a year for a full coverage policy of 100/300/100 for a driver age 30, $81 less than the national average of $1,447.

The average annual premium in Indianapolis for minimum coverage is $424 a year or $35 a month, based on Insurance.com's rate analysis.

Average Annual RatesState Minimum Average
$1,366$424