Best Homeowners Insurance in Indiana (2024)


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Auto-Owners is Indiana's standout home insurance company for its superior balance of cost and quality. American Family, though, offers unbeatable affordability in the state. Additionally, American Family is optimal for those with high-value properties seeking cost-effective options.

Unless otherwise noted, we used a $100,000 dwelling coverage limit to collect quotes. Your dwelling coverage amount significantly impacts your premium. MoneyGeek also analyzed the cheapest home insurance in Indiana if cost is your primary consideration, regardless of service quality.

Key Takeaways

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Auto-Owners takes the top spot as Indiana's best overall homeowners insurance provider, earning a MoneyGeek score of 97 out of 100 for its outstanding service quality at $1,305 per year. American Family follows as the runner-up with a score of 87, offering a more budget-friendly option at $815 per year while still maintaining reliable service.

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In Indiana, the cheapest homeowners insurance provider is American Family, offering an unbeatable rate of $815 per year. They achieve a MoneyGeek score of 95 out of 100, making them a great choice for budget-conscious homeowners. As a runner-up in affordability is State Farm, which provides competitive options without compromising on service quality.

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For the best customer service in homeowners insurance in Indiana, Auto-Owners stands out with a remarkable MoneyGeek score of 97 out of 100, ensuring excellent service quality for homeowners. The runner-up for service is American Family, which has a MoneyGeek score of 87 out of 100.

Why Trust MoneyGeek? Utilizing insights from the Indiana Department of Insurance and Quadrant Information Services, we found top homeowners insurance options in Indiana.

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Home insurance rates in Indiana represent the latest quotes as of July 2024.

1,209,600Quotes Analyzed
 
8Companies Compared
 
12ZIP Codes

Overall Best Homeowners Insurance in Indiana

Auto-Owners offers the best home insurance in Indiana, with an exceptional MoneyGeek score. For homeowners looking to secure their property, take a look at the best overall homeowners insurance providers in Indiana below.

  • Auto-Owners: MoneyGeek score of 93 out of 100 ($1,305 per year)
  • American Family: MoneyGeek score of 93 out of 100 ($815 per year)

In Indiana, homeowners can choose from a range of companies, each offering unique cost and service experiences.

Company logo for Auto-Owners Insurance
Best OverallAuto-Owners Insurance
MoneyGeek Score:
93/ of 100

Overview

Auto-Owners Insurance shines in Indiana with a top-ranking in coverage. The average annual premium stands at $1,305. Auto-Owners offer guaranteed replacement cost, which provides full home rebuilding costs, regardless of policy limits.

Additionally, the equipment breakdown coverage offers protection against mechanical failures that home warranties might not cover, covering the cost of repairing or replacing appliances and systems when they break down and protecting homeowners from unexpected out-of-pocket expenses.

Best Homeowners Insurance in Indiana for Customer Service

Auto-Owners is the best provider of home insurance in Indiana based on service quality. Homeowners searching for top-notch service can consider the best providers listed below.

  • Auto-Owners: MoneyGeek score of 97 out of 100 ($1,305 per year)
  • American Family: MoneyGeek score of 87 out of 100 ($815 per year)

Valuing service quality means prioritizing customer support, claims handling and overall satisfaction.

Company logo for Auto-Owners Insurance
Best for ServiceAuto-Owners Insurance
MoneyGeek Score:
97/ of 100

Overview

Auto-Owners Insurance excels in Indiana with a high customer satisfaction score of 62 out of 65, indicating stellar service quality. It offers an average annual premium of $1,305. Homeowners can enhance their protection with guaranteed replacement cost, which ensures full home rebuilding regardless of policy limits, and equipment breakdown coverage, safeguarding against appliance and system failures.

Best Cheap Homeowners Insurance in Indiana

American Family stands as the top contender for affordable homeowners insurance in Indiana, catering to budget-conscious homeowners. Our analysis points to the providers listed here as the leading options that combine value and cost-effectiveness.

  • American Family: MoneyGeek score of 95 out of 100 ($815 per year)
  • State Farm: MoneyGeek score of 92 out of 100 ($1,038 per year)

With an affordability score of 75 out of 75, American Family offers the most competitive rates in Indiana. However, the cheapest premiums don't always equate to the best service. When considering the average cost of home insurance in Indiana, it's crucial to choose a provider that delivers a balance of economical pricing and reliable service.

Company logo for American Family Insurance
Best CheapAmerican Family Insurance
MoneyGeek Score:
95/ of 100

Overview

American Family scores an affordability score of 75 out of 75 in Indiana, with an average annual premium of $815 for homeowners. Offering a robust selection of discounts, American Family assists homeowners in lowering their premiums further. Notably, customers can save by bundling their auto and home insurance — common discounts that are easy to obtain.

Best Homeowners Insurance in Indiana for Expensive Homes

American Family stands out as the top insurer in Indiana for those with expensive homes needing $1 million in dwelling coverage. This provider, alongside Auto-Owners, is the leading choice for comprehensive protection of high-value properties.

  • American Family: MoneyGeek score of 90 out of 100 ($4,051 per year)
  • Auto-Owners: MoneyGeek score of 85 out of 100 ($7,969 per year)

American Family boasts an impressive affordability score of 51 out of 55, which is crucial when insuring costly homes.

Company logo for American Family Insurance
Best for Expensive HomesAmerican Family Insurance
MoneyGeek Score:
90/ of 100

Overview

American Family leads as the best provider for expensive homes in Indiana, impressing with an affordability score of 51 out of 55. Homeowners can expect an average annual premium of $4,051. You can lower this premium by taking advantage of common discounts like the bundle discount, which rewards you for having multiple policies.

American Family not only offers competitive rates but also customizable coverage. With options like equipment breakdown and back-up of sewer or drain, homeowners can protect against unexpected appliance failures and water backup incidents.

Best Homeowners Insurance in Indiana for New Homes

Auto-Owners offers the best home insurance in Indiana for those with new homes. Take a look at the best and cheapest homeowners insurance providers in Indiana for those with new homes below:

  • Auto-Owners: MoneyGeek score of 87 out of 100 ($2,307 per year)
  • Nationwide: MoneyGeek score of 80 out of 100 ($1,131 per year)

Auto-Owners Insurance stands out with an affordability score of 42 and a customer service score of 30, presenting Indiana homeowners a strong equilibrium between cost efficiency and reliable service.

Company logo for Auto-Owners Insurance
Best for New HomesAuto-Owners Insurance
MoneyGeek Score:
87/ of 100

Overview

Auto-Owners is the best home insurance provider for new homes in Indiana, with an affordability score of 42 out of 55 and an average annual premium of $2,307. Its guaranteed replacement cost add-on ensures your home is rebuilt regardless of the cost, backing your investment securely.

Optimize your savings with Auto-Owners by maintaining consistent, on-time payments to tap into the very rare responsible payment discount. Go green with their paperless reasonably rare discount, cutting costs when you manage your bills online.

Best Homeowners Insurance in Indiana for Veterans

For veterans, USAA stands out as the premier home insurance provider in the state, exclusively serving members of the military community. Their annual premium is priced at $993. Protection for Indiana's brave is exemplified by the leading providers highlighted below.

  • USAA: MoneyGeek score of 92 out of 100 ($993 per year)
  • Auto-Owners: MoneyGeek score of 83 out of 100 ($1,305 per year)

The best homeowners insurance for veterans caters to their specific lifestyle, addressing challenges such as frequent relocations and deployments, and thereby reliably securing their homes and personal items.

Company logo for USAA
Best for VeteransUSAA
MoneyGeek Score:
92/ of 100

Overview

USAA exclusively caters to military members and their families. It boasts an impressive affordability score of 53 out of 55 in Indiana, top-rated customer claims satisfaction at 30 out of 30 and an average annual premium of $993.

USAA's personal property replacement cost coverage ensures full compensation for items at their current value without depreciation. This feature significantly elevates the protection for your home's contents.

For additional savings, USAA offers a claims-free discount for homeowners who have not filed a claim in a set period, promoting a lower premium for responsible ownership. Moreover, USAA's connected home discount rewards policyholders who employ smart technology to monitor and protect their property.

How to Find the Best Homeowners Insurance in Indiana for You

The best homeowners insurance providers offer quality customer service and comprehensive coverage at a competitive premium. Finding the optimum insurance for your home hinges on your specific coverage needs, budget constraints and preferences in customer service. The following steps can guide you in finding the best homeowners insurance.

  1. 1

    Assess Your Insurance Needs

  2. 2

    Research Various Providers

    Investigate potential insurance companies. Examine their services, company history and customer reviews to establish a shortlist of reputable providers.

  3. 3

    Compare Coverage and Costs

    Evaluate policy choices and their premiums. Take advantage of tools to compare home insurance quotes to weigh the benefits against the costs.

  4. 4

    Understand the Policy Details

    Scrutinize the fine print of each insurance policy. Understand the exclusions, limits and conditions to ensure it meets your requirements.

  5. 5

    Consult with an Independent Agent

    Seek the expertise of an independent agent for personalized advice. They can aid in navigating options and selecting a suitable homeowners insurance policy.

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DOES HOME INSURANCE COVER FLOOD DAMAGE IN INDIANA?

Homeowners in Indiana are not legally required to carry flood insurance. However, securing flood insurance in Indiana offers protection against financial loss due to flood events.

FAQ: Homeowners Insurance in Indiana

Finding the best homeowners insurance provider in Indiana hinges on your individual coverage requirements and priorities. To help you with this decision, we've compiled a list of frequently asked questions about the best homeowners insurance providers.

Which insurance company is best for home insurance in Indiana?

Who has the most affordable homeowners insurance in Indiana?

About Mark Fitzpatrick


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Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.