How to Compare Car Insurance Quotes 2024
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Cheapest Car Insurance in Indiana (2024)

Updated on:
Content was accurate at the time of publication.

Drivers in Indiana pay $564 a year for minimum-coverage car insurance and $1,547 a year for a full-coverage policy, on average.

Find the Cheapest Car Insurance Quotes in Your Area

Liability-only car insurance policies, also known as minimum coverage, are generally cheaper in Indiana compared to national rates. Liability-only policies in Indiana cost $564 a year, on average.

USAA and American Family offer the state’s cheapest rates for minimum coverage at $268 and $460 a year, respectively.

Cheapest liability-only coverage by company

CompanyAverage annual rate
USAA*$268
American Family$460
State Farm$492
Progressive$516
Travelers$546
Geico$645
Allstate$1,018

*USAA is only offered to military members and veterans along with their families

Liability coverage only covers injuries and property damage that you cause in a car accident. It won’t cover your own vehicle damage or injuries.

A full-coverage car insurance policy in Indiana costs $1,547 a year, on average. A full-coverage policy includes liability coverage as well as protection for your own vehicle if it’s damaged.

USAA and Travelers offer Indiana’s cheapest full-coverage rates at $839 and $1,335 a year, respectively.

Cheapest full coverage by company

CompanyAverage annual rate
USAA$839
Travelers$1,335
State Farm$1,373
American Family$1,475
Geico$1,639
Progressive$1,898
Allstate$2,269

The average 18-year-old driver pays more than double the amount for a full-coverage car insurance policy than a 30-year-old does. The average rate for a full-coverage policy for an 18-year-old is $4,146 a year in Indiana.

The cheapest car insurance companies for young drivers in Indiana are USAA and Geico.

Cheapest companies for an 18-year-old driver

CompanyMinimum coverageFull coverage
USAA$534$1,582
Geico$1,510$3,840
Progressive$1,572$4,906
Travelers$1,627$3,805
State Farm$1,692$4,226
American Family$1,874$5,318
Allstate$2,450$4,531

When the time comes to renew your car insurance policy, your rates may go up if you receive a speeding ticket. Drivers with a speeding ticket will pay $1,801 a year for car insurance, on average, which is about $300 more than someone with a clean record.

Rates for drivers with a speeding ticket vs. clean record

CompanyFull coverage with a ticketFull coverage with a clean record
USAA$1,054$839
State Farm$1,483$1,373
Travelers$1,678$1,335
American Family$1,687$1,475
Geico$1,887$1,639
Progressive$2,416$1,898
Allstate$2,915$2,269

Find the Cheapest Car Insurance Quotes in Your Area

Some companies will raise your car insurance rates a lot if you cause an accident. USAA, State Farm and Travelers may offer the lowest rates to Indiana drivers in this situation, though. All charge these drivers less than $2,000 a year for a full-coverage policy.

Rates for drivers with an accident vs. clean record

CompanyFull coverage with an accidentFull coverage with a clean record
USAA$1,205$839
State Farm$1,660$1,373
Travelers$1,854$1,335
American Family$2,526$1,475
Geico$2,533$1,639
Progressive$2,683$1,898
Allstate$3,723$2,269

Indiana drivers with a DUI pay $2,475 a year for car insurance, on average, which is about $1,000 more than someone with a clean record.

Progressive raises rates the least after a DUI of the companies we surveyed. Its average rate increase after a DUI is a little over $250 a year. With USAA, Travelers and Progressive, you may be able to pay less than $2,200 a year for a full-coverage policy with a DUI on your record.

CompanyFull coverage with a DUIFull coverage with a clean record
USAA$1,301$839
Travelers$1,942$1,335
Progressive$2,160$1,898
State Farm$2,508$1,373
American Family$2,806$1,475
Allstate$2,939$2,269
Geico$2,990$1,639

Your car insurance rate can vary based on the city you call home. Among Indiana’ largest cities, Lafayette offers the cheapest average rate at $1,380 a year. Gary has the most expensive at $2,162 a year, on average.

CityFull coverage with a clean record
Indianapolis$1,674
Fort Wayne$1,485
Evansville$1,590
South Bend$1,496
Carmel$1,442
Fishers$1,479
Bloomington$1,493
Hammond$2,038
Lafayette$1,380
Noblesville$1,445
Gary$2,162
Muncie$1,409
Greenwood$1,510
Kokomo$1,478
Terre Haute$1,588
Anderson$1,469
Elkhart$1,432
Mishawaka$1,464
Columbus$1,436
Jeffersonville$1,603

Car insurance laws in Indiana

Indiana residents must have at least a minimum amount of liability car insurance coverage. To drive legally, you need:

  • $25,000 per person for injuries or death and $50,000 for injuries or death of two or more people in a single accident
  • $25,000 for property damage in a single accident

You also need to have similar amounts of uninsured and underinsured motorist coverage unless you reject it in writing.

Uninsured motorists:

  • $25,000 per person for injuries and $50,000 per accident
  • $25,000 for property damage in a single accident

Underinsured motorists: $50,000

Methodology

LendingTree obtains rates from insurance company filings reported to Quadrant Information Services. Rates shown in this article are based on an analysis of car insurance quotes for sample drivers. Your rates may vary.

Unless stated otherwise, we used thousands of car insurance quotes from across Indiana for a 30-year-old man with good credit and no tickets, accidents or DUIs driving a 2015 Honda Civic EX.

For full-coverage policies, the following coverage limits were used:

  • Bodily injury liability: $50,000 per person, $100,000 per accident
  • Property damage liability: $25,000
  • Uninsured motorist: $50,000 per person, $100,000 per accident, where required by law
  • Personal injury protection: Minimum limits, where required by law
  • Collision: $500 deductible
  • Comprehensive: $500 deductible