Cheapest Car Insurance in Indiana

Westfield is the go-to for affordable car insurance in Indiana, with an average monthly cost of just $21 and an annual rate of $256. This is $148 less than what most Indiana drivers pay for minimum coverage. These rates come from Quadrant Information Services and represent the most affordable options for Indiana residents as of December 2024. Read our research methodology to learn about how we found the cheapest Indiana car insurance.

The cheapest car insurance company for most drivers in Indiana is American Family, averaging $38 per month for both state minimum and full coverage. This rate is $16 less than the state's average. Other companies offering affordable rates include Westfield, Travelers, Progressive, and Auto-Owners Insurance Co.

*We used combined minimum and full coverage rates for a 40-year-old driver with good credit and no driving violations to calculate these averages.

Westfield is the most affordable car insurance provider for most drivers seeking minimum coverage in Indiana. However, your rate depends on your personal background. Check the table below to see the cheapest rates for various driver profiles in Indiana.

Read More: Cheapest Car Insurance

Drivers in Indiana can find affordable options for cheap minimum lability coverage from Westfield, American Family, Auto-Owners Insurance Co, and Progressive. Westfield offers the lowest rate at $21 per month. Use the table below to explore rates from similar companies and see how they compare to the $34 state average.

American Family is the cheapest provider for full coverage auto insurance in Indiana, with rates averaging $49 per month or $593 per year. This cost is $24 less than the state's average. Check the table below for other provider options.

In Indiana, young adult drivers find Westfield to be the most affordable option. A minimum coverage policy with Westfield costs $25 per month for 25-year-old drivers.

*We used minimum coverage for a 25-year-old driver with good credit and no driving violations to determine the cheapest provider.

For young drivers in Indiana, Westfield offers the cheapest minimum coverage at $25 monthly. American Family provides full coverage for $53 monthly. Progressive is ideal for those with bad credit or a OWI, with rates at $44 and $35 monthly, respectively. Your premium may vary, but these companies are a great starting point for affordable options.

Read More: Cheapest Car Insurance for Young Drivers

Senior drivers in Indiana can find affordable car insurance with Westfield. Their minimum coverage costs $23 monthly for 65-year-olds.

*We used minimum coverage for a 65-year old driver with good credit and no driving violations to determine the cheapest provider.

For senior drivers in Indiana, Westfield offers the cheapest minimum coverage at $23 monthly. American Family is best for full coverage at $48 monthly. Quotes can vary, but the rates below can guide your insurance shopping.

Read More: Cheapest Car Insurance for Seniors

Indiana drivers with a OWI, at-fault accident, or speeding ticket are labeled high-risk by insurers, leading to higher car insurance costs compared to those with a clean record. For high-risk drivers, average premiums vary depending on the offense. Below are the best rates for drivers with a OWI, at-fault accident, and speeding ticket.

Progressive offers the best rates for Indiana drivers with OWIs, averaging $30 per month ($362 per year) for minimum coverage insurance. Check the table below for a list of insurance providers and their average monthly premiums for drivers with OWIs in Indiana.

*We used a 40-year-old driver with good credit and a OWI on record to calculate these averages.

With rates averaging $34 per month ($411 per year), American Family is the cheapest company for drivers after an at-fault accident. The table below lists other insurers offering affordable coverage for drivers with accidents. Rates are for minimum coverage policies.

*We used a 40-year-old driver with good credit and an at-fault accident on record to calculate these averages.

Westfield offers the cheapest insurance for Indiana drivers with a speeding ticket, averaging $26 per month. Check the table below to compare providers offering minimum coverage for drivers with a speeding ticket.

We used a 40-year-old driver with good credit and a speeding ticket on record to calculate these averages.

Westfield is the cheapest car insurance provider for drivers with poor credit scores, with a monthly rate of $26 and an annual rate of $306 for minimum coverage. Explore the table below for more options from other providers.

*These rates are based on a 40-year-old driver with bad credit and a clean driving record.

Your location greatly impacts your car insurance rates. Even in the same state, cities show different rates due to various factors like how many people live there, flood risks, and crime.

For instance, Westfield's minimum coverage in Indianapolis is $29 a month, while in South Bend it's just $21. Check out the table below to see the cheapest option in your city and their lowest average monthly rate.

*The lowest rate reference is for a minimum coverage policy for 40-year-olds with good credit and no driving violations.

For Indiana drivers, Allstate is your go-to for an affordable bundle home and auto insurance, at just $1,819. Check the table below for more budget-friendly options.

*Rates are for a 40 year old driver with good credit and no driving violations

In Indiana, the monthly average cost for full coverage car insurance is $73, while minimum coverage is $34. By comparing these figures to your rates, you can see if you're getting a fair price. The average cost of car insurance in Indiana helps residents make informed decisions about their car insurance.

In Indiana, car insurance rates vary by city. See this table for average minimum and full coverage costs in your area.

Indiana ranks 45th for car insurance costs, making it more affordable than most states. It's likely not due to high population density, frequent natural disasters, or a significant theft rate.

Indiana law requires all drivers to carry car insurance policies with minimum coverage limits. These limits include Bodily Injury (BI) Liability of $25,000 per person and $50,000 per accident, and Property Damage (PD) Liability of $25,000 per accident.

If you finance or lease your car, you're likely to need comprehensive and collision insurance on top of the state minimum liability coverages. While a minimum liability auto insurance policy is the most affordable option, it provides the least financial protection. Experts often recommend opting for full coverage insurance with the highest deductible and liability limits that fit your budget.

Drivers with serious traffic violations like speeding or DUI may need to file for SR-22 insurance, which can increase your premium. In Indiana, either you or your insurance company can file the SR-22 form. It remains valid for 3-5 years from your most recent offense.

In Indiana, a surety bond is a popular alternative to traditional car insurance. It works by ensuring that a bond company will pay for damages up to a certain amount if you cannot. This helps you meet the state’s minimum coverage requirements.

Business owners in the Hoosier State might consider self-insurance or fleet insurance. Self-insurance allows businesses to cover their own risks, while fleet insurance covers multiple vehicles under one policy. These options can be more affordable and tailored to specific business needs.

MoneyGeek recommends that drivers get full coverage car insurance. This includes liability, collision, and comprehensive coverage. We suggest the following liability limits:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage per accident

Comprehensive coverage pays for off-road damage to your car from events like theft, vandalism, or severe weather. Collision coverage helps pay for damages if your car is in an on-road collision.

If you own a valuable car, it's a smart move to have both comprehensive and collision insurance, even though it's not required by law. Choose a deductible for both types of coverage that you can afford to pay before your insurance covers the rest.

American Family has the lowest full coverage at $49, and Westfield wins for state minimum at $21. While low-cost plans are tempting, remember, the cheapest isn't always the best for car insurance. Experts say to get as much coverage as you can afford for safer driving in the Hoosier State.

MoneyGeek answers commonly asked questions about the cheapest car insurance in Indiana to ensure you get the right coverage for your situation.

MoneyGeek obtained Indiana auto insurance rates from the Indiana Department of Insurance and Quadrant Information Services. We examined 39,388 auto insurance quotes from 13 providers across 64 ZIP codes to determine the most affordable car insurance companies in Indiana.

Indiana Driver Profile

We used a driver profile with the following background information to identify the cheapest auto insurance companies in Indiana:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually

To find the cheapest option for various driver backgrounds, we adjusted this sample profile by age, driving record, credit score, car make and model, and military service where specified.

Standard Coverage Levels in Indiana

We compared car insurance companies in Indiana that offer both minimum and full coverage policies. The minimum coverage liability limits in Indiana are:

• $25,000 for bodily injury liability per person.
• $50,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.

For full coverage policy rates, we used the following liability limits:

• $100,000 for bodily injury liability per person
• $300,000 for bodily injury liability per accident
• $100,000 for property damage liability
• Comprehensive and collision coverage with a $1,000 deductible

Home and Auto Coverage Levels in Indiana

MoneyGeek analyzed the rates of insurance companies for a full-coverage auto insurance policy that includes the following coverage and limits:

• $100,000 in property damage liability
• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• Comprehensive and collision coverage with a $1,000 deductible

We also analyzed rates for a homeowners insurance policy that includes the following limits and coverage:

• $250,000 dwelling coverage
• $25,000 other structures coverage
• $100,000 personal property coverage
• $25,000 loss of use coverage
• $100,000 personal liability coverage
• $1,000 medical payments coverage
• All-perils coverage with a $1,000 deductible