The best and cheapest car insurance in Indiana

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

According to our analysis, GEICO is the top car insurance provider in Indiana, earning 4.79 out of 5 stars for its combination of affordability, customer satisfaction and financial stability. Its average premium of $1,192 per year is $702 less than the statewide average.

Drivers in Indiana spend an average of $1,894 annually, or $158 monthly, on car insurance.

Auto-Owners finished second with 4.37 stars, followed closely by Progressive at 4.33 stars.

The table below shows the best car insurance companies in Indiana.

How we picked the top auto insurance companies

When choosing the top car insurance companies in Indiana, we looked at more than just the average cost of coverage. We also considered customer satisfaction scores from J.D. Power, financial strength ratings from AM Best and complaint data from the National Association of Insurance Commissioners (NAIC). If state or regional data wasn’t available, we relied on national averages to keep our comparisons consistent and fair.

For each of the four metrics, we gave companies in each state from 1 to 5 (5 being the best) based on how they performed in each category. Those components were then given the following weights to arrive at an overall star rating.

• Premiums: 25%
• JD Power: 30%
• AM Best: 25%
• NAIC: 20%

You might find interesting

Explore related topics

• Average car insurance cost in Indiana
• Car insurance calculator for teens in Indiana
• Cheapest SR-22 insurance in Indiana
• Do you need insurance to register a car in Indiana?
• How much is gap insurance in Indiana
• Indiana car insurance calculator
• Indiana car insurance: Rates, state minimum requirements and best companies
• Low-cost car insurance in Indiana
• Non-owner auto insurance in Indiana: Which company has the cheapest rates?

See more

Which insurers offer the cheapest car insurance in Indiana?

GEICO has the cheapest average car insurance rate in Indiana at $1,192 a year.

Other low-cost insurers in Indiana include:

• Travelers, with average rates of $1,457 a year, or $121 a month
• Progressive, with average premiums of $1,486 a year, which comes out to $124 per month

On the higher end, Indiana Farm Bureau has the highest average premium at $2,782 a year.

Keep in mind that your actual rate may be different. Insurers consider factors like your driving record, credit score, age, vehicle and ZIP code when calculating premiums, so the cheapest company for the average driver may not be the cheapest for you.

Below are the cheapest car insurance rates by state, based on a profile of a 40-year-old driver with a Honda Accord LX to ensure fair, apples-to-apples comparisons. Rates are for full coverage car insurance.

What is full coverage car insurance in Indiana?

Full coverage car insurance isn’t a single policy – it’s a bundle of protections that offer more complete financial security. It generally includes liability coverage (required in most states), along with collision and comprehensive insurance. Collision pays to repair or replace your car after an accident, while comprehensive covers non-collision damage such as theft, hail, fire or vandalism.

Because it protects your own vehicle in addition to others, full coverage typically comes with a higher premium than minimum liability insurance. It can be especially worthwhile if you drive a newer vehicle, have an auto loan or lease, or own a car that would be expensive to repair or replace.

Auto insurance premiums vary significantly from city to city, so drivers need to be sure they’re getting the best deal. Insure.com has done the research for you. Get more information on auto insurance rates by city below.

Our agents make it hassle-free to get the right quote.

Call (844) 814-8854

Ethan Available Now

Jack Available Now

Robbie Available Now

Ellie Available Now

How do you find the best car insurance rates in Indiana?

Shopping around for coverage is a great way to make sure you are getting the best rates on your auto insurance.

“It is extremely important to make sure you start off with an apples-to-apples comparison,” says Tim Bottini, a Country Financial insurance agent based in St. Louis. That means checking:

• The same liability limits
• The same deductibles
• The same coverage types

For example, if one quote shows 25/50/25 in liability coverage and another shows 50/100/100, the lower price may simply reflect lower protection – not a better deal. Many agents recommend at least 50/100/100, and higher limits may make sense depending on your income and assets.

You can also lower your premium by:

• Maintaining a strong credit score
• Avoiding tickets and accidents
• Bundling home and auto insurance with the same carrier

Which companies have the cheapest car insurance for seniors in Indiana?

Senior drivers in Indiana generally pay higher car insurance rates than most age groups, though teens still tend to pay the most overall.

The cheapest car insurance companies for seniors in Indiana are:

• GEICO: $1,101 a year ($92 a month)
• Travelers: $1,536 a year
• Progressive: $1,610 a year

Insurers typically charge seniors more because premiums reflect overall risk trends, including claim frequency and age-related driving factors such as slower reaction times and vision changes. That said, many seniors can still find lower rates by keeping a clean driving record, driving fewer miles and taking advantage of mature driver or safe driver discounts.

The chart below shows the average car insurance premiums for senior drivers in Indiana.

Which companies have the cheapest car insurance for young adults in Indiana?

While young adults pay less than teen drivers, they still pay more than older more experienced drivers. The best choice for young adults (early 20s) in Indiana is GEICO with an annual rate of $1,837 or $153 a month.

Travelers had the second cheapest premium at $2,423 a year followed by Progressive was third at $2,696.

If young drivers keep their driving record clean, their rates will drop down as they move out of their 20s.

The table below shows the best insurers for young drivers in Indiana:

Which company has the cheapest car insurance for teen drivers in Indiana?

In Indiana, Indiana Farmers Insurance offers the cheapest car insurance for teen drivers, with average premiums of $3,774 per year or $315 per month.

“Teenagers and seniors are riskier drivers, so they often pay more for auto insurance than other policyholders in different age groups,” says Chong Gao, director of product management R&D at Mercury Insurance. “For teenagers, the lack of driving experience is a significant factor that impacts their rates younger drivers with little experience behind the wheel tend to pay higher insurance premiums.”

GEICO is the next most affordable option at $4,692 per year or $391 per month, followed by Progressive at $5,018 per year.

The chart below shows average premiums for teens in Indiana:

Why the cheapest company may vary by driver

The lowest average rate doesn’t always mean the lowest quote for you. Car insurance is highly personalized, and insurers price policies differently based on risk.

Key factors that affect your premium include:

• Driving record
• Credit score (in most states)
• Age and marital status
• Vehicle make and model
• ZIP code and local risk levels

Age is one of the biggest pricing factors. For example, adding a teen to a policy can significantly increase premiums because teens are the least experienced drivers and are more likely to be involved in accidents and file claims.

“Teen drivers are statistically more likely to be involved in accidents due to their lack of driving experience and tendency to engage in risky behaviors like speeding,” says Eliezer Zupnick, founder of East Leads Group LLC. “Teens are involved in three times as many auto accidents per mile compared to drivers aged 20 and up, making them a high-risk category for insurers.”

Parents can help offset higher costs by asking about good student discounts, insuring a less expensive vehicle or adjusting coverage if the car’s value is low.

What is the average cost of car insurance in Indiana?

The average cost of car insurance in Indiana is $1,894 a year.

Car insurance rates vary widely from state to state because insurers base premiums on overall risk trends, including claim frequency, repair costs, state regulations and local accident data. Even within the same state, drivers can see different quotes depending on their driving history, age, vehicle and ZIP code.

The chart below displays the average rate in Indiana for a 40-year-old driver with 100/300/100 coverage and a $500 collision and comprehensive deductible driving a Honda Accord LX.

Which Indiana cities and ZIP codes are most expensive for car insurance?

Gary has the most expensive ZIP codes for car insurance in Indiana, with average annual premiums of $2,476.

Insurance rates vary by location because where your vehicle is parked overnight affects risk exposure. Areas with frequent severe weather, higher traffic density or elevated crime rates tend to have higher accident and theft claims, which raises premiums for everyone in those cities and ZIP codes.

Here are the most expensive cities and ZIP codes in Indiana for car insurance:

Which Indiana cities and ZIP codes are the cheapest for car insurance?

The cheapest ZIP codes for car insurance in Indiana tend to be in rural areas where there are fewer people and cars which leads to lower accident and claim rates. Lafayette has the most affordable ZIP code in Indiana with an annual premium of $1,676.

How where you live in Indiana affects car insurance rates

Where you live in Indiana plays a major role in determining your car insurance premium. Insurers evaluate local risk factors such as accident frequency, traffic congestion, repair expenses and weather-related claims when calculating rates.

“States that have a higher rate of severe weather that damages cars or helps cause accidents will typically have higher rates,” says Gao.

Since each insurer applies its own pricing formula to these geographic risks, drivers with similar profiles can receive very different quotes depending on which part of the state they live in.

Which companies have the cheapest car insurance for high-risk drivers in Indiana?

Traffic violations and accidents can lead to higher car insurance premiums because insurers may view you as a greater risk.

For instance, a speeding ticket can increase the average premium to $2,802 and typically impacts rates for up to three years. An at-fault accident usually has a bigger effect, raising the average cost of coverage to about $2,876.

A DUI is considered a serious violation and often results in the largest increase, with average premiums climbing to $3,391.

The table below illustrates the average rate increases following common driving incidents.

Minimum car insurance requirements in Indiana

To legally drive in Indiana, drivers must carry at least 25/50/25 in liability car insurance. This required coverage includes bodily injury and property damage protection.

While meeting the state minimum keeps you legal on the road, those limits may not be enough in a serious accident. If damages exceed your liability coverage, you’re responsible for paying the remaining costs out of pocket.

For stronger financial protection, many experts recommend carrying at least 100/300/50 in liability coverage to better safeguard your assets and future earnings.

Final thoughts on the best and cheapest car insurance in Indiana

The right car insurance company in Indiana ultimately depends on your budget, driving history and coverage preferences. GEICO stands out for its overall value, combining competitive pricing with strong customer satisfaction and financial stability.

Still, the cheapest company for the average driver may not offer you the lowest rate. Your age, driving record, vehicle type and ZIP code all affect your premium, which makes comparing multiple insurers essential.

To find the best deal in Indiana, get quotes from at least three companies, review coverage limits carefully – not just the price – and look for discounts such as bundling, safe driver programs, telematics or good student savings. Taking time to compare options can help you lower costs without cutting important protection.

What our experts say

Q: How does a state’s population affect car insurance rates?

Chong GaoDirector of product management R&D at Mercury Insurance.

Teenagers and seniors are riskier drivers, so they often pay more for auto insurance than other policyholders in different age groups

Methodology

Our car insurance analysis is based on 2026 rate data across all 50 states and Washington, D.C., covering 29,159 cities and 34,595 ZIP codes.

For standard rate comparisons, we analyzed 65,756,440 quotes from 195 companies across 73 insurer groups. Rates reflect a 40-year-old male and female driving a Honda Accord LX with 100/300/100 liability limits, $500 collision and comprehensive deductibles, a good insurance score, no violations, a 12-mile commute and 10,000 annual miles. The national average premium for this profile is $2,578 per year.

To measure the impact of risk factors, we reviewed an additional 95,071,152 quotes modeling at-fault accidents, DUI/DWI, speeding violations and poor credit, using the same base profile for consistency.

Company rankings are weighted as follows:

• J.D. Power (30%) – customer satisfaction
• Annual premium (25%) – average cost
• AM Best (25%) – financial strength
• NAIC (20%) – complaint index

Alisha Ambre

 

 . .

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.

Explore other insurance options in Indiana

Non-owner auto insurance in Indiana

Average renters insurance cost in Indiana

Average homeowners insurance cost in Indiana