Best home insurance companies in Indiana: Erie Insurance

The best home insurance company in Indiana for 2024 is Erie Insurance. Auto-Owners, State Farm, Nationwide, American Family, and Allstate are among the top home insurance companies in Indiana based on price, NAIC complaints, and AM Best financial ratings.

The total Insurance.com score is calculated out of five using these factors.

Best home insurance in Indiana
CompanyAM BestNAIC complaint ratioInsurance.com scoreAverage annual rate
Erie InsuranceA+0.524.61$2,460
Auto-OwnersA++0.374.40$3,127
State FarmA++0.834.13$2,267
NationwideA+1.053.73$2,809
American FamilyA0.803.65$2,275
AllstateA+1.463.43$1,186
FarmersA0.673.36$3,543
TravelersA++1.102.60$8,092
Data updated in 2024

Cheapest home insurance companies in Indiana: Allstate

Below are Indiana home insurance rates by company for five different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible.

Based on our analysis, Allstate is the cheapest home insurance company for all coverage levels. At $1,186 per year, Allstate offers the most affordable home insurance for $300,000 dwelling coverage, one of the most preferred coverage limits.

Cheapest home insurance in Indiana
Company$200,000$300,000$400,000$600,000$1,000,000
Allstate$1,055$1,186$1,319$1,669$2,366
Indiana Farmers$1,223$1,679$2,136$3,012$4,711
State Farm$1,829$2,267$2,518$3,376$4,696
American Family$1,815$2,275$2,713$3,562$5,141
USAA*$1,892$2,435$2,897$3,752$5,359
Erie Insurance$1,767$2,460$3,171$4,506$7,409
Nationwide$2,039$2,809$3,553$5,037$7,786
Auto-Owners$2,428$3,127$3,884$5,267$9,207
Farmers$2,678$3,543$4,859$7,499$12,687
Indiana Farm Bureau $3,340$4,414$5,521$8,202$13,564
Travelers$6,603$8,092$9,455$13,964$21,574

*USAA only provides coverage to military members, veterans and their families.

Data updated in 2024

Average home insurance cost in Indiana

The average cost of homeowners insurance in Indiana is $2,991 a year or $249 a month. This is based on coverage of:

  • $300,000 dwelling
  • $300,000 liability
  • $1,000 deductible.

However, the average annual premium varies by the insurance company, your ZIP code, coverage type, and your home's age, among other factors. It’s a good idea to compare price quotes from different Indiana homeowners insurance companies to get the best deal.

Indiana home insurance rates by ZIP code

Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Illinois to see which areas are the most and least expensive.

Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.

Home insurance calculator

Average home insurance rates in Texas
$200,000
$200,000 $300,000 $400,000 $600,000 $1,000,000
$100,000
$100,000 $300,000
Standard ($1000)
Standard ($1000) Hurricane (2% of insured value)

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive

ZIP CodeCityHighest Rate
77550Galveston$10,164
77586El Lago$9,906
77551Galveston$9,536
77554Galveston$9,358

Least expensive

ZIP CodeCityLowest Rate
78559Iglesia Antigua$1,956
78593Santa Rosa$1,999
79915El Paso$2,008
79905El Paso$2,009
Data updated in 2024

The most expensive ZIP codes in Indiana for home insurance

Indiana homeowners insurance rates are the most expensive for ZIP code 46403 with an average annual cost of $3,773.

The most expensive ZIP codes in Indiana are:

ZIP codeAverage annual rates
46403$3,773
46407$3,666
46404$3,653
46408$3,575
46402$3,544
46409$3,532
Data updated in 2024

The least expensive ZIP codes in Indiana for home insurance

The cheapest ZIP codes for home insurance in Indiana are:

ZIP codeAverage annual rate
46537$2,435
46345$2,450
46771$2,452
46502$2,464
46796$2,468
46346$2,469
Data updated in 2024

Compare homeowners insurance rates by city in Indiana

Home insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on home insurance for your specific city in Indiana.

CityAnnual insurance premium
Fort Wayne
$2,125
Gary
$2,745
Granger
$1,990
Indianapolis
$2,484
Munster
$2,225
Data updated in 2024

Home insurance FAQs

What does standard home insurance cover?

Standard home insurance includes coverage for your dwelling and personal property, in addition to coverage for other structures. Most policies also include liability protection in case there are injuries or damage to property.

How do I get a quote for Indiana home insurance?

To find the cheapest home insurance in Indiana, you can use our homeowner quote calculator to find sample costs for your area and shop the best homeowners insurance in Indiana for your personal needs.

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