Cheapest homeowners insurance in Indiana 2022

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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.

Company	Average annual premium	Average 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.

Company	J.D. Power score	AM Best rating
USAA	882	A++
State Farm	835	A++
American Family	831	A
Allstate	829	A+
Farmers	813	A
Nationwide	812	A+
Travelers	800	A++

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 premium	Average 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 code	Average annual premium	Average 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

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Indiana by city

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

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.