Low-cost car insurance in Indiana

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Drivers in Indiana can find the cheapest average premium with GEICO, at $1,175 per year. By comparison, the statewide average monthly cost is $155. Keep in mind that rates vary for each driver depending on factors like driving record, ZIP code, and vehicle type.

Since auto insurance laws differ by state, Indiana requires drivers to carry at least $25,000 in bodily injury coverage per person, $50,000 in bodily injury per accident, and $25,000 for property damage liability.

For broader protection, full coverage may be a smart option. It combines liability, collision, and comprehensive insurance, giving you coverage not only for other drivers but also for your own vehicle if it’s damaged in a crash, stolen, or affected by severe weather.

Here’s how different insurers stack up for drivers in Indiana, depending on your situation.

Key Takeaways

GEICO has the lowest average car insurance premium in Indiana, costing $1,175 per year. That’s $681 the state average.
For drivers with an at-fault accident on record, Travelers offers the most affordable coverage at around $2,114 annually.
The 46733 ZIP code stands out as the cheapest area for auto insurance in Indiana, with an average yearly cost of $1,635.

Low-cost car insurance companies in Indiana

GEICO offers the lowest car insurance rates in Indiana, with an average annual premium of $1,175 per year. It’s $681 less expensive than the average car insurance cost in Indiana. Your actual rate will vary based on factors such as your driving history, age, ZIP code and the make and model of your car.

When shopping for auto insurance, compare rates from multiple companies to make sure you’re getting the best deal.

Below are the annual rates from low-cost car insurance companies..

Company	Average annual rates
GEICO	$1,175
Travelers	$1,475
Progressive	$1,648
Auto-Owners	$1,889
Indiana Farmers Insurance	$2,060
Farmers	$2,190
Indiana Farm Bureau	$2,662
Allstate	$2,680
USAA*	$921

*USAA is only available to military community members and their families.

How we choose low-cost car insurance companies in Indiana

170+

Carriers reviewed

78M+

Quotes analysed

34K+

ZIP codes examined

ZIP codes with the cheapest car insurance in Indiana

In Indiana, drivers living in the 46733 ZIP code enjoy the lowest average annual premium at $1,635. Check the table below to see which other ZIP codes in the state have more affordable rates.

ZIP code	City	Average annual rates
46733	Decatur	$1,635
46711	Wabash	$1,642
46772	Blue Creek	$1,642
47907	Lafayette	$1,643
47305	Muncie	$1,649
47904	Lafayette	$1,649
46731	Craigville	$1,651
47901	Lafayette	$1,653
47304	Muncie	$1,654
47909	Lafayette	$1,654

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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.

Car insurance rates in Indiana by city

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Low-cost car insurance in Indiana by age

Young drivers often face the highest premiums. In Indiana, for example, a 16-year-old pays $5,258 more than a 40-year-old driver.

The table below shows how rates change by age group.

Age group	Full coverage annual premiums
Teens (16-19)	$5,477
Young Adults (20-24)	$2,976
Adults (25-60)	$1,836
Seniors (65-75)	$1,763

Low-cost car insurance in Indiana by driver history

Insurers weigh your driving record heavily when setting premiums. You can expect your rates to rise if you’re ticketed or at fault in an accident. On the other hand, drivers with clean records are considered lower risk and usually qualify for cheaper coverage.

Low-cost car insurance after a speeding ticket in Indiana

Just one speeding ticket in Indiana can raise your rates by 47% – $871 more per year. Along with the ticket fine, that makes speeding an expensive mistake. The table below shows insurers offering lower-cost options even with a violation.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
Travelers	$1,475	$2,173	47%	$698
Progressive	$1,648	$2,563	56%	$915
GEICO	$1,175	$2,735	133%	$1,560
Auto-Owners	$1,889	$3,102	64%	$1,213
Farmers	$2,190	$3,322	52%	$1,133
Allstate	$2,680	$3,422	28%	$742
USAA*	$921	$1,164	26%	$243

*USAA is only available to military community members and their families.

Low-cost car insurance after an accident in Indiana

After an at-fault accident, premiums increase significantly, but some insurers still offer cheaper options. Travelers has the lowest average rate at $2,114 per year.

If you’ve been in an accident, shopping around can help reduce costs. The table below highlights companies in Indiana with the most affordable rates for drivers with an accident on their record.

Company	Average annual premium	New rate after accident	% Increase	$ Increase
Travelers	$1,475	$2,114	43%	$639
Auto-Owners	$1,889	$2,413	28%	$524
GEICO	$1,175	$2,718	131%	$1,543
Progressive	$1,648	$3,242	97%	$1,594
Farmers	$2,190	$4,091	87%	$1,902
Allstate	$2,680	$4,296	60%	$1,616
USAA*	$921	$1,401	52%	$480

*USAA is only available to military community members and their families.

Low-cost car insurance after a DUI in Indiana

A DUI places you in the high-risk driver category, which usually leads to much higher premiums. Still, some insurers in Indiana are more affordable than others. The table below shows which companies offer the lowest average rates after a DUI conviction.

Company	Average annual premium	New rate after accident	$ Increase	% Increase
Progressive	$1,648	$2,039	$391	24%
Travelers	$1,475	$2,269	$794	54%
GEICO	$1,175	$2,841	$1,666	142%
Allstate	$2,680	$3,432	$752	28%
Farmers	$2,190	$4,438	$2,249	103%
Auto-Owners	$1,889	$4,566	$2,677	142%
USAA*	$921	$1,450	$529	57%

*USAA is only available to military community members and their families.

Average cost of car insurance Indiana

While full coverage is more expensive than minimum liability, the extra protection is worth it for most drivers. Liability-only policies cover damage you cause to others, but not your own car. Full coverage adds collision and comprehensive protection, covering accidents, theft, weather, and other risks.

In Indiana, the average cost of full coverage is $657 less compared to the national average.

We recommend carrying at least 100/300/100 in coverage – $100,000 for bodily injury per person, $300,000 per accident, and $100,000 in property damage liability. These limits provide stronger protection in serious accidents that could otherwise exceed state minimums.

What is full coverage car insurance?

Full coverage car insurance includes bodily injury liability and property damage liability coverage, as well as comprehensive and collision coverage. Collision insurance covers your vehicle if it’s damaged or destroyed in an accident, while comprehensive insurance provides protection against damage that is caused by something other than collisions, such as hail or theft.

If you lease or finance your car in Indiana, your lender may ask you to purchase collision and comprehensive insurance beyond the state-mandated liability coverage.

The bottom line on saving and staying protected

Everyone wants to save on car insurance, but skimping on coverage can leave you with big bills after an accident.

The best approach is to balance affordability with protection. Always compare quotes from at least three companies to find the cheapest car insurance in Indiana.

Methodology

Insure.com gathered data from Quadrant Information Services to get car insurance rates in Indiana. The rates are based on a sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and no violations on record for a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductibles.

We analyzed 53,409,632 insurance quotes from 170 insurance companies across 34,588 ZIP codes nationwide.

To determine car insurance rates for high-risk drivers with a history of traffic violations, we used a sample profile of a 40-year-old male and female driver who own a Honda Accord LX.

We also used sample profiles of drivers from different age groups: Teen drivers (Age 16-19), young drivers (Age 20-24), adult drivers (Age 25-60) and senior drivers (Age 65-75)

We determined the premiums for a high-risk driver with the following incidents applied

1 At-fault property damage accident over $2K
1 At-fault property damage accident under $2K
At-fault bodily injury accident
Poor credit
DUI/DWI first offense
Speeding 30+ over limit
Speeding ticket 1-10 MPH over limit
Speeding ticket 11-29 MPH over the limit

These are sample rates, and your exact rates may vary.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.