Best Cheap Car Insurance In Indiana

Even though Indiana has some of the most affordable auto insurance rates in the country on average, it can still be a challenge to find the best cost and coverage for your needs. Fortunately, our review team has done the research for you to determine the top options for car insurance in Indiana.

We’ve researched and reviewed the best car insurance companies in Indiana based on average costs, coverage options, customer service, and more. To find the provider that best fits the needs of you and your vehicle, we recommend getting car insurance quotes from several top-rated companies.

Finding reasonable car insurance premiums can be difficult, so our review team found the cheapest car insurance available in Indiana. Industry leaders such as USAA and Geico prove that an auto insurance policy doesn’t have to be expensive.

How Much Is Auto Insurance In Indiana?

According to our rate estimates, the average cost of car insurance in Indiana is $1,106 per year for a full coverage policy. Indiana drivers pay about 36 percent less than the national average, which is $1,732 per year. According to the National Association of Insurance Commissioners, Indiana is one of the most affordable states in the country to insure your vehicle. It was ranked 43rd for most expensive auto insurance costs nationwide in 2018.

Cheapest Indiana Car Insurance: Young Drivers

The cost of auto insurance coverage tends to be significantly higher for younger drivers. Our review team found that auto insurance rates are approximately 25 percent higher for 24-year-olds compared to 35-year-olds in the state of Indiana.

Cheapest Indiana Car Insurance: Speeding Tickets

Our review team found that car insurance rates in Indiana can spike by about 20 percent if you have received a speeding ticket. For drivers with a ticket on their record, USAA offers the most affordable coverage on average.

Cheapest Indiana Car Insurance: Recent Accidents

It pays to have a clean driving record, especially if you live in the state of Indiana. Our team found that insurance costs increase by nearly 32 percent for drivers who have been in an accident.

Cheapest Indiana Car Insurance: Bad Credit

A poor credit score significantly increases the cost of car insurance coverage. We found that a poor credit score can raise the price of car insurance by over 43 percent in Indiana.

Our team conducted a thorough review of providers to create a comprehensive list of the five best options for car insurance in Indiana. Below, you can find cost, coverage, and overall ratings for our top recommendations in the state.

*Our research team scores car insurance companies by taking nationwide factors into account. The order of insurers in this table is specific to auto insurance in Indiana.

#1 USAA

After thorough review, our team named USAA the best option for car insurance coverage in Indiana. We gave USAA a perfect 5.0 out of 5.0 overall rating in our nationwide review and named the provider Best for Military Members. USAA is exclusive to military members, veterans, and their families.

USAA has a positive reputation within the industry and is known for great customer service. It has an A+ rating from the Better Business Bureau (BBB) and an A++ financial strength rating from AM Best. In the J.D. Power 2021 U.S. Auto Insurance Study℠, USAA received the highest customer satisfaction score in the North Central region.

For more information about this provider, read our USAA insurance review.

#2 Geico

As the second-largest provider in the U.S., Geico is a great option for car insurance in Indiana in particular. Our review team rated Geico a perfect 5.0 out of 5.0 overall and recognized it as the Best Overall Provider, with great coverage options for both students and military members.

Geico consistently offers some of the lowest average rates for many types of Indiana drivers, including young drivers and those with poor credit scores. It’s also known for offering a wide range of comprehensive coverage options, including mechanical breakdown insurance and rideshare coverage. Geico has an A+ rating from the BBB as well as an A++ financial strength rating from AM Best.

Check out our Geico insurance review for more information.

#3 State Farm

State Farm is a great auto insurance provider to look into if you’re a young driver in the state of Indiana. It’s the largest insurance company in the U.S., and our team recognized the provider as the Best for Student Drivers in our nationwide review. State Farm offers some of the cheapest average rates for young drivers in Indiana, along with great student discounts.

State Farm holds an A++ financial strength rating from AM Best, which highlights its ability to reliably pay out claims. It also ranked second for customer satisfaction in the North Central region in the most recent J.D. Power Auto Insurance Study.

For an in-depth look at this provider, check out our State Farm insurance review.

#4 Erie Insurance

Erie Insurance has been providing quality auto insurance coverage since 1925. It offers affordable car insurance rates across the board for a number of Indiana drivers, and it’s known for its competitive pricing and comprehensive coverage options.

Erie has a great industry reputation, holding an A+ rating from the BBB as well as an A+ financial strength rating from AM Best. The provider also received high scores in several J.D. Power studies. Erie ranked first for customer satisfaction in the North Central region in the 2021 J.D. Power Auto Insurance Study, with a score of 857 out of 1,000 possible points. In the nationwide J.D. Power 2021 U.S. Auto Claims Satisfaction Study℠, Erie placed second.

For more information about the company, read our Erie Insurance review.

#5 Indiana Farmers Insurance

Indiana Farmers Insurance proves you can still get great coverage if you buy auto insurance locally. Founded in 1877, the insurer is available exclusively to Indiana drivers. We gave Indiana Farmers an overall rating of 4.0 out of 5.0 for its affordable average rates and quality local service.

Indiana Farmers has an A- rating from the BBB and an A financial strength rating from AM Best. Our review team found Indiana Farmers to be one of the top choices for those looking for complete customer satisfaction, and it’s a smart choice for those who need to insure their vehicle after a recent accident.

According to the Indiana Department of Insurance, the minimum liability insurance for the state includes:

• Bodily injury liability: $25,000 per person/$50,000 per accident
• Property damage liability: $25,000 per accident

Indiana auto insurance requirements mandate that uninsured/underinsured motorist coverage be offered for all new auto insurance policies. However, drivers can reject this coverage in writing. The state minimum limits for this type of coverage, if drivers choose to keep it in their policies, include:

• Uninsured motorist bodily injury: $25,000 per person/$50,000 per accident
• Uninsured motorist property damage: $25,000 per accident
• Underinsured motorist bodily injury: $50,000 per accident

Is Indiana A No-Fault State?

Indiana is an at-fault state. Unlike no-fault states, at-fault states attribute blame to one or both parties involved in a collision. This means that if a driver is injured or their property is damaged in a car accident, they can seek compensation from the culpable party’s insurance provider.

Following an in-depth review of the provider options available, our research team found USAA to be the best choice for car insurance in Indiana. Geico, State Farm, and Erie are also smart choices for Indiana residents. Drivers in the state can also find quality coverage through local provider Indiana Farmers, which rounds out our top five recommendations for the best car insurance in Indiana.

To determine which provider offers the best coverage for your needs, we recommend getting car insurance quotes from top-rated providers. One of the simplest ways to compare car insurance options is to get online quotes, which are easily accessible through most major providers. You can also get quotes by calling providers directly or contacting a local insurance agent.

Our review process aims to deliver consistent and unbiased assessments of car insurance providers. While there are multiple qualities that make a car insurance company successful, our review team focuses on those we believe are the most important for consumers:

• Cost: Cost can be difficult to compare between insurers because so many factors impact annual premiums. The cheapest insurer for one driver may not be the cheapest for another. To determine our cost score, we look at insurance rate estimates generated by Quadrant Information Services, discount opportunities, and consumer reports.

• Coverage: To determine our coverage score, we look at the number of coverage options available as well as coverage limits and deductible options. Our ratings also take into account additional services and benefits like roadside assistance.

• Reliability: It’s important that an auto insurer is able to meet its claims obligations. Companies with a strong financial strength rating from AM Best score best in this category. Established insurers with a long history of reliable service also receive positive marks.

• Service: We comb through customer reviews on sites like the BBB to learn about customer experiences. Insurers with a low volume of complaints score well in this area. We also consider the claims process, giving higher ratings to car insurance providers that offer easy-to-use claims apps.

*Data accurate at time of publication.