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Tracking down the cheapest homeowners insurance for you takes some digging and comparing quotes from multiple home insurance companies.

Home insurance companies gauge risk differently from one another. One insurer may put more emphasis on one metric and not as much on another.

That’s why getting quotes from at least three homeowners insurance companies is an essential part of shopping for the cheapest homeowners insurance in Indiana. We found that Allstate has the lowest average home insurance rates in Indiana at $1,424 per year on average.

Let’s take a look at homeowners insurance in Indiana and how to find the best home insurance rates.

Key Takeaways

  • In Indiana, the cheapest homeowners insurance is offered by Allstate at $1,424 per year for $300,000 dwelling coverage, $300,000 liability protection and $1,000 deductible.
  • The zipcode 46818 in Indiana offers the homeowners insurance at the cheapest rate of $2,054 per year.

Cheap homeowners insurance companies in Indiana

Allstate, Nationwide and Farmers have the three cheapest Indiana homeowners insurance rates, on average.

Here are average annual premium for homeowners insurance in Indiana for a policy with $300,000 dwelling coverage and $300,000 liability protection with a $1,000 deductible.

CompanyAverage annual premiumAverage monthly premium
Allstate$1,424$119
Nationwide$1,806$151
Farmers$2,046$171
Depositors Insurance$2,090$174
Travelers$2,132$178
Travco$2,185$182
USAA$2,320$193
American Family$2,369$197
Garrison$2,678$223
State Farm$2,937$245
Property Owners$3,543$295
United Farm Family$3,767$314
Foremost$3,978$332

Compare cheap homeowners insurance in Indiana by ratings

Experts at Insure.com compared the cheapest homeowners insurance companies in Indiana based on J.D. Power score and AM best rating. Among the carriers surveyed, USAA received the highest J.D. power score — 882 out of 1000.

Find below the list of cheap homeowners insurance companies and J.D. Power score and AM Best rating.

CompanyJ.D. Power scoreAM Best rating
USAA882A++
State Farm835A++
American Family831A
Allstate829A+
Farmers813A
Nationwide812A+
Travelers800A++

How much is home insurance in Indiana

The average homeowners insurance in Indiana is $2,423 for $300,000 dwelling and $300,000 liability coverage with a $1,000 deductible.

Beyond location, insurance providers also consider claims history for you, your home and the area; building costs; coverage level; and credit history.

Filing multiple claims is one way to see much higher home insurance premiums.

Average annual premiumAverage monthly premium
$2,423$202

Cheapest homeowners insurance in Indiana by ZIP code

Homeowners insurance costs vary in Indiana. Location, including ZIP code, is just one aspect of home insurance costs.

Here are the average home insurance cost by city/ZIP codes in Indiana:

ZIP codeAverage annual premiumAverage monthly premium
46818$2,054$171
46814$2,065$172
46845$2,066$172
46748$2,089$174
46808$2,099$175
46805$2,107$176
46815$2,110$176
46804$2,112$176
46802$2,116$176
46765$2,118$176
46835$2,119$177
46788$2,125$177
46704$2,127$177
46798$2,128$177
46819$2,129$177

Know how much is home insurance in other states

Alaska$1,799/Year
Alabama$2,981/Year
Arkansas$3,439/Year
Arizona$1,976/Year
California$1,166/Year
Colorado$3,082/Year
Connecticut$1,961/Year
Washington D.C.$1,488/Year
Delaware$1,521/Year
Florida$3,439/Year
Georgia$2,555/Year
Hawaii$499/Year
Iowa$2,540/Year
Idaho$1,842/Year
Illinois$2,201/Year
Kansas$3,931/Year
Kentucky$2,862/Year
Louisiana$3,270/Year
Massachusetts$1,920/Year
Maryland$1,518/Year
Maine$1,833/Year
Michigan$2,153/Year
Minnesota$3,010/Year
Missouri$3,111/Year
Mississippi$3,340/Year
Montana$2,809/Year
North Carolina$2,009/Year
North Dakota$2,601/Year
Nebraska$3,133/Year
New Hampshire$1,455/Year
New Jersey$1,744/Year
New Mexico$2,299/Year
Nevada$1,486/Year
New York$1,840/Year
Ohio$2,107/Year
Oklahoma$4,445/Year
Oregon$1,608/Year
Pennsylvania$1,720/Year
Rhode Island$2,125/Year
South Carolina$2,678/Year
South Dakota$3,172/Year
Tennessee$2,692/Year
Texas$3,429/Year
Utah$1,378/Year
Virginia$1,956/Year
Vermont$1,212/Year
Washington$1,514/Year
Wisconsin$1,732/Year
West Virginia$2,486/Year
Wyoming$2,083/Year
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Les Masterson
Contributor

 
  

Les, a former managing editor, insurance, at QuinStreet, has more than 20 years of experience in journalism. In his career, he has covered everything from health insurance to presidential politics.

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