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Compare car insurance in Indiana

Get the cheapest car insurance in Indiana for 2021

Indiana’s average car insurance rate is $864.82 a year or about $72 per month, according to the National Association of Insurance Commissioners (NAIC). The state sits below the nation’s average, which costs $99 a month or $1,190 a year.

However, the NAIC takes in to account state minimum coverage policies alongside those with higher limits and add-ons. Since car insurance costs vary based on your coverage level, driving record and other factors, you could see a different rate than the state average.

Indiana car insurance quick facts

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Minimum liability requirements

25/50/25

Average annual car insurance cost according to the NAIC

$864.82

At-fault state

In at-fault states, the driver who caused the accident pays for damages.

Indiana’s state minimum car insurance requirements

To legally drive in Indiana, you need liability insurance and uninsured or underinsured motorist coverage. You may see the amount of coverage required written as 25/50/25. These numbers tell you the maximum that your insurance will pay for damage, called the coverage limits.

Let’s look in detail at what Indiana’s state minimum requirements cover.

Bodily Injury Liability

Bodily injury liability

  • $25,000 for bodily injuries to one person
  • $50,000 for injuries to two or more people per accident

In Indiana, you need a minimum of 25/50 in bodily injury liability, which pays up to $25,000 for injuries that you cause to one person and $50,000 total if you injure more than one person. You’ll see this coverage limit required with many other states too.

However, think about raising that limit to boost your protection. Remember, this coverage protects you by paying for medical bills for the other driver, passengers or pedestrians if you’re at fault in an accident. It also helps with legal expenses or costs of the other person’s pain and suffering.

Property damage liability

Property damage liability

  • $25,000 for property damage liability

Indiana requires $25,000 in property damage liability, which pays for the other driver’s car damage or personal property like a smartphone. Many states require a similar amount of coverage for property damage.

Uninsured or underinsured motorist

Uninsured or underinsured motorist

  • $25,000 for uninsured motorist injuries per person
  • $50,000 for uninsured motorist injuries to more than one person
  • $25,000 for uninsured motorist property damage

When it comes to uninsured or underinsured motorist coverage, Indiana is an opt-out state. Indiana insurance companies are required to offer this coverage to you, but you can sign a waiver if you wish to opt out.

Consider keeping this coverage to protect you in case you get in an accident with a driver who doesn’t have insurance. The coverage also kicks in for drivers with low liability limits or for hit-and-run situations.

Finder tip: Indiana’s state minimum isn’t enough coverage

Although Indiana requires similar coverage to many other states, its minimum coverage won’t pay for more serious accidents in full. For example, if you total someone else’s $40,000 car, your property damage liability would pay only $25,000 to replace it. You could be on the hook to pay the rest on your own.

To avoid paying out of pocket, consider higher liability limits than Indiana requires and think about optional types of coverage, depending on your budget.

7 factors that affect your car insurance premium in Indiana

Factors are characteristics specific to you that car insurance companies use to set how much you’ll pay for car insurance. The less risky each of your factors is, the less you pay. And the riskier you are, the more you’ll pay. We’ll break down Indiana’s rating factors to keep in mind.

FactorHow it affects your rates
Age

Age

How old you are is a top factor in determining your car insurance rates. With each passing year, you earn more experience on the road. More experience can equal cheaper rates. Teen drivers pay the most, but rates begin to level off around your 20s with drivers over 50 paying the least.
Gender

Gender

Indiana takes gender into account when determining your rates. On average, men in Indiana pay less for car insurance than women. The average annual premium across all age categories for men is $1,126 while women pay an average of $1,136.
Location

Location

Where you live affects your rates, including where you park your car. High theft rates, high traffic and a high number of uninsured drivers could mean higher rates.

When it comes to vehicle theft, Indiana comes in below the national average. For every 100,000 inhabitants, approximately 228.5 vehicles were stolen, according to Statista. The national average across the US is 246 cars for every 100,000 inhabitants.

As for uninsured drivers, 15.8% of Indianans on the road are uninsured. That ranks the state 15th out of 50 states for uninsured drivers, according to Insurance Information Institute (III).

Vehicle and mileage

Vehicle and mileage

Your car’s make, model and trim directly affect how much you’ll pay for car insurance. Things like its cost, safety ratings, the likelihood of theft and sportiness all help insurers determine its cost to insure.

Safer and cheaper vehicles score the lowest rates, with luxury vehicles with higher repair costs resulting in higher premiums.

And, the more you’re on the road, the more at-risk you are to get in an accident, which means higher premiums. According to the Bureau of Transportation, Indianians drive around 35.7 miles per day, which is pretty close to the national average of 36.1 miles per day.

Credit score

Credit score

Your credit score is included in your credit-based insurance score which insurers use to help calculate rates. According to the Insurance Information Institute, there is a strong correlation between your insurance score and claims filings. A good credit-based insurance score could mean lower rates.

Indiana insurers charge the highest coverage rates for drivers with poor credit histories. Drivers with good credit scores could see an annual insurance rate of about $1,166. These rates rise to about $1,630 with a fair credit score and approximately $1,902 for those with poor credit.

Coverage

Coverage

The more coverage you get and the higher limits you choose, the more protection you’ll have and the more you’ll pay in monthly premiums. If you opt for full coverage car insurance that includes comprehensive and collision, the amount of your deductible weighs into your costs too. Higher deductibles mean lower monthly premiums.

Low coverage costs in Indiana average to about $425 yearly, whereas high coverage can be anywhere around $1,159 on average.

Driving Record

Driving Record

The better your record, the lower your premium. If you’re in an at-fault accident you could see rates increases from 20% to 50%. A DUI in Indiana can increase your rate by an average of 40%. These types of violations typically stay on your record for about five years.

Indiana drivers with a clean driving record pay approximately $1,0713 annually while Indiana drivers with an at-fault collision pay approximately $1,643 annually.

What happens if I need an SR22 in Indiana?

In Indiana, you may need to file an SR22 with the Bureau of Motor Vehicles for three to five years, depending on your violation. An SR22 is an insurance form that proves you meet the state’s insurance requirements. The state usually requires it if your license is suspended for several reasons, including for driving without insurance.

Learn more about buying SR22 insurance in Indiana to meet this requirement and get back on the road.

Coverage that we recommend in Indiana

Since car insurance rates stay low in Indiana compared to other states, consider boosting your policy with add-ons, including:

More liability is a good idea for Indiana

If you hit another car, you can run through Indiana’s low liability coverage in no time, particularly if there’s major damage or serious injuries. While not an area with high living expenses, Indiana has the sixth-highest hospital costs in the nation, according to a study by the RAND Corporation.

Boosting those liability limits makes sure that serious damage and legal costs are covered even if you go to court. If you’re not sure how much liability to get, go over your specific situation with your insurance agent or financial adviser.

Collision coverage to pay for your car repairs

When you’re on the road frequently, you have the chance that your car will get damaged and need repairs. If you cause that accident, your liability coverage won’t pay for your damage — it takes care of the other driver involved.

You’d need collision coverage to step up for your car. However, this isn’t a state-required coverage, so you should opt for collision coverage on your policy ahead of time.

Consider this coverage if . . .

  • You rely on your car.
  • You have a car loan, and your lender requires it.
  • You don’t have enough savings for major car repairs.

Comprehensive to take on “other-than-collision” damage

Think about buying comprehensive coverage to help you recover from many types of damage. It’s often called “other-than-collision” coverage because it helps with damage outside of collisions, including theft, vandalism, windshield cracks or weather damage.

Consider this coverage if . . .

  • It’s required for your car loan.
  • You can’t pay for major car repairs on your own.
  • You live in an area known for theft or crime.
  • You live in a rural part of Indiana with large wildlife.
  • Your area sees harsh weather.

You may want more medical coverage in Indiana

Due to Indiana’s high healthcare costs, you also should think about buying personal injury protection (PIP). PIP can help with health insurance copays and deductibles, cover medical expenses directly and kick in for lost income. This coverage pays out no matter who’s at fault in the accident.

Consider this coverage if . . .

  • You don’t have health insurance.
  • Your health plan has a high deductible.
  • You want lost income covered too.

Opt in to Indiana’s uninsured or underinsured motorist coverage

For every 100 Indianans on the road, 15 are driving with no car insurance according to the III. We recommend uninsured or underinsured motorist coverage to keep you from paying for damage if another driver hits you but can’t pay.

Consider this coverage if . . .

  • You don’t have the savings to cover major car repairs.
  • You don’t have health insurance.
  • Your health insurance has a high deductible or copays.

Top 10 auto insurance companies in USA that serve Indiana

We’ve pulled the top 10 companies by market share that offer coverage in Indiana, according to S&P Global. Compare top companies by three major rating agencies along with our overall Finder score.

  • Better Business Bureau (BBB) rating measures how a business interacts with its customers, with the highest rating being A++.
  • J.D. Power determines customers’ overall satisfaction with their car insurer’s price, billing, claims and customer support. The higher the J.D. Power score out of 1,000, the better.
  • NAIC complaint index shows how a company’s number of complaints compares to similar companies of its size. Scores lower than 1.00 show the company receives less than the average number of complaints, and scores above 1.00 show more complaints than average.
  • Finder’s score shows you an overall look at the company by taking into account scores from each of these agencies as well as the coverage and discounts each company offers.
Provider
BBB Rating
JD Power Rating
NAIC complaint ratio
National market share %
Finder score
Go to site
State Farm
A+
847/1000
1.93
16.2

★★★★★ 4/5

Read review

Geico
A+
832/1000
1.42
13.6

★★★★★ 4/5

Read review

Progressive
A+
830/1000
1.05
13.3

★★★★★ 4/5

Get Quotes
Allstate
A+
827/1000
2.71
10.4

★★★★★ 4/5

Get Quotes
USAA
A+
884/1000
1.9
6.3

★★★★★ 4/5

Get Quotes
Farmers
A-
820/1000
1.64
4.9

★★★★★ 4/5

Read review

Liberty Mutual
A+
827/1000
2.2
4.7

★★★★★ 4/5

Get Quotes
Nationwide
A+
814/1000
2.08
2.3

★★★★★ 4/5

Read review

American Family
A+
815/1000
1.35
2.1

★★★★★ 4/5

Read review

Travelers
A+
820/1000
3.28
2

★★★★★ 4/5

Read review

Cheapest car insurance rates in Indiana

CompanyAverage annual rateLearn more
Progressive$214Get a quote Read review
State Farm$219
Cincinnati$268Read review
Indiana Farmers$405Read review
Geico$616Read review
USAA$633Get a quote Read review
American National$725
Farmers$771
Grange$756
Western Reserve$846Read review

Which city has the cheapest car insurance in Indiana?

Of Indiana’s largest cities, Carmel has the cheapest rates and New Albany has the most expensive car insurance rates. New Albany drivers could face rates 2 times more than Carmel drivers.

Car insurance quotes in Crown Point

CompanyAnnual car insurance rate
Allstate$1602
Farmers$1781
Safeauto$1878
Progressive$1313
Geico$1785

Car insurance quotes in Indianapolis

CompanyAnnual car insurance rate
Allstate$1763
Farmers$1648
Safeauto$1925
Progressive$1522
Geico$1602

Car insurance quotes in Greenwood

CompanyAnnual car insurance rate
Allstate$1520
Farmers$1561
Safeauto$1781
Progressive$1240
Geico$1606

Car insurance quotes in New Albany

CompanyAnnual car insurance rate
Allstate$1598
Farmers$1729
Safeauto$2122
Progressive$1390
Geico$1689

Car insurance quotes in Carmel

CompanyAnnual car insurance rate
Allstate$1423
Farmers$1539
Safeauto$1626
Progressive$1222
Geico$1519

Compare car insurance providers in Indiana

Name Product Gap insurance Homeowner discount Telematics Has an app?
Allstate
Yes
Yes
Drivewise
Yes
Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.

Speak to an agent: 877-526-1527

Progressive
loan/lease coverage
Yes
Snapshot
Yes
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
Pretected
Yes
Depends on provider
No
No
Get your most compatible insurance options via a "smart matching" method aimed at finding you value.
The AARP Auto Insurance Program from the Hartford
Yes
Yes
No
No
Enjoy low rates for mature drivers, plus perks like new car replacement and lifetime repair guarantees. Only for drivers over age 50.
Root
No
Yes
Telematics only
Yes
Track your driving to receive a low rate that reflects your driving skills, and enjoy a fully app-based policy experience.
Branch
Yes
No
Yes
Yes
Benefit from this online-based startup’s steep savings and convenient online quotes and claims.
USAA
No
Yes
SafePilot
Yes
Affordable car insurance with highly rated customer service. Only available to military members and veterans and their family.
Metromile
No
No
Telematics only
Yes
Pay only for the miles you drive, plus enjoy app services you won’t find everywhere like claims and car health updates.
Liberty Mutual
Yes
Yes
RightTrack
Yes
Earn free accident forgiveness after five years claims-free and customize your policy anytime.

Speak to an agent: 877-336-0538

Nationwide
Yes
No
Yes
Yes
Nationwide is among the nation’s top ten car insurance providers, offering the full range of service and a promise to be “on your side” with stellar service.
Savvy
Yes
Depends on provider
No
Yes
Get quotes in 30-seconds from 100+ companies, and save an average of $800 or more per year. Requires online login to your existing insurance.
AAA
Yes
Yes
No
Yes
Member benefits extend beyond car insurance to offer discounts, bike coverage and more. For drivers in AK, AZ, CA, MT, NV, UT and WY.
Elephant
loan/lease coverage
Yes
No
No
Get a great deal online with steep discounts and some of the highest liability limits available.
State Farm
No
Yes
Drive Safe and Save
Yes
Work with a dedicated agent to find the right coverage for you, including bundling other policies for the best value.

Speak to an agent: 877-745-0232

Allied
Yes
Yes
Nationwide SmartRide
No
Finding the right auto insurance doesn’t have to be confusing. Allied Insurance has a network of independent agents to help you get customized coverage for your unique needs.
Assurance
Yes
Yes
No
Yes
This broker shines with over 600 positive customer reviews, more top ratings than any broker we've compared.
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Compare up to 4 providers

In Indiana, the driver at fault pays for damage

Indiana is an at-fault state, which means that the driver who causes the car accident pays for the damage. Your insurance company and legal authorities will determine who’s at fault, based on the accident details.

However, Indiana also looks at whether both drivers are partially at fault under its modified comparative fault law, according to the legal website Nolo. Under this law, both drivers are assigned a share of fault. Drivers who are less than 50% at fault can get paid for damage caused by other drivers.

For example, if you’re 80% responsible for an accident, your insurance will pay 80% of the other driver’s damages. However, since you’re over 50% at fault, the other driver isn’t required to pay for your damages.

Bottom line

Carrying auto insurance protects you, your family and fellow drivers. Research your insurance options to make sure that you’re receiving the coverage that you need — and that your state requires.

As always, to get the best coverage possible at a great rate, we recommend comparing your options and shopping around. To learn more about car insurance in general, from discounts to regulations, visit our comprehensive car insurance guide.

Frequently asked questions about car insurance in Indiana

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