Westfield offers Indiana's most affordable auto insurance for low-income drivers with clean records and good credit. Progressive and American Family are often more affordable if you have bad credit or violations.
Cheapest Low-Income Car Insurance in Indiana
Updated: February 4, 2025
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Key Takeaways
While Indiana doesn't have a low-income car insurance program, affordable plans are available to meet state minimum coverage requirements.
Westfield, American Family, Progressive and Auto-Owners are Indiana's most affordable options for low-income drivers.
Low-income drivers should compare providers and explore discounts to save on car insurance.
Cheapest Car Insurance Companies for Low-Income Drivers in Indiana
| Westfield | Young Drivers | $25 |
| Westfield | Adults | $21 |
| Westfield | Seniors | $23 |
| Westfield | Drivers With a Speeding Ticket | $26 |
| Progressive | Drivers With a DUI | $30 |
| American Family | Drivers With an Accident | $34 |
| Progressive | Bad Credit | $38 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table below to find the most affordable provider that matches your driver profile.
Data filtered by:Results filtered by:
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Age Range:30-59
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Driving Record:Clean
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Credit Score:Good
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Coverage Level:State Minimum Liability Only
| Westfield | $21 | $256 |
| American Family | $27 | $320 |
| Auto-Owners | $28 | $335 |
| Progressive | $28 | $341 |
| Travelers | $29 | $353 |
Cheapest Car Insurance for Families With Low Income in Indiana
In Indiana, GEICO offers the most affordable minimum coverage for married couples with a teen at $46 monthly. Auto-Owners has the lowest rate for single parents with a teen at $76. For low-income drivers adding a spouse without a teen, Progressive is the best choice at $32.
Data filtered by:Results filtered by:
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Family Type:Married Couple with Teen
| GEICO | $558 | $46 |
| Progressive | $646 | $54 |
| Auto-Owners | $657 | $55 |
| State Farm | $658 | $55 |
| Travelers | $756 | $63 |
| Nationwide | $792 | $66 |
| Farmers | $914 | $76 |
| Allstate | $989 | $82 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Here are some ways to reduce your car insurance costs in Indiana:
- 1
Choose minimum coverage
Selecting minimum coverage is a cost-effective way to meet legal requirements. However, it offers limited protection and may not cover expenses if you're at fault in an accident.
- 2
Compare quotes
Shop around and gather quotes from various providers to find the most affordable option. Leverage provider websites, independent brokers, agents and online tools for a thorough comparison.
- 3
Look for discounts
Many insurers offer discounts for maintaining a safe driving record, being a good student or having military service. Explore these opportunities to reduce your premiums.
- 4
Increase your deductible
Opting for a higher deductible on collision or comprehensive coverage can reduce your monthly premium. Make sure you can afford it if you have to file a claim.
- 5
Consider pay-per-mile insurance
If you drive fewer miles, pay-per-mile insurance can save you money. It combines a base rate with a per-mile fee, charging only for the miles you drive.
- 6
Bundle your policies
Bundling auto insurance with home or renters insurance can offer significant savings.
- 7
Get a cheaper car
Opting for a cheaper car to insure, like an older, reliable model, can substantially lower premiums.
Minimum Car Insurance Requirements in Indiana
Drivers in Indiana must meet these minimum car insurance requirements:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $25,000 in property damage liability per accident
If you're leasing or financing a vehicle, you'll need a liability coverage split of 100/300/100, along with comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum car insurance covers only the other driver's expenses if you're at fault in an accident. You'll still be responsible for your car's damage and legal fees. If you drive often and can afford it, consider higher coverage.
Cheap Low-Income Car Insurance in Indiana: Bottom Line
Westfield offers the cheapest car insurance for most low-income drivers in Indiana. Progressive and American Family have the lowest rates for high-risk drivers. Explore providers using various methods to find the best deal.
Low-Income Auto Insurance in Indiana: FAQ
Finding affordable car insurance can be challenging for low-income drivers. Get answers to common questions on saving money.
What is the cheapest car insurance for low-income drivers in Indiana?
Minimum coverage is often the cheapest option for low-income drivers who own their vehicle outright. Westfield offers Indiana's most affordable minimum coverage at $21 monthly, while American Family is the cheapest for full coverage at $49.
Does Indiana have a state-supported low-income car insurance program?
Indiana has no state-supported program to help low-income drivers secure car insurance.
Does your income affect the cost of car insurance in Indiana?
In Indiana, income doesn't directly affect car insurance premiums. Driving history and vehicle type have a greater impact.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek analyzed Indiana auto insurance rates using data from the Indiana Department of Insurance and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek analyzed 328,384 quotes from 14 companies across 370 ZIP codes to determine the average cost of car insurance for drivers with low income in Indiana.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in Indiana:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
To determine rates for specific driver profiles, we adjusted factors such as age, family status, driving history and credit standing.
Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
Our data shows rates for minimum coverage, which follows the requirements set by Indiana law, and offers affordable options for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.