Cheap Car Insurance in Indianapolis
Indianapolis’ best cheap car insurance
Cheapest full coverage car insurance in Indianapolis: Travelers
USAA is even cheaper at $77 a month, but only members of the military and their families can buy insurance from USAA.
Cheapest Indianapolis full coverage car insurance
| Company | Annual rate | LendingTree score | |
|---|---|---|---|
 | Travelers | $1,418 |  |
 | Auto-Owners | $1,543 |  |
 | Progressive | $1,548 |  |
 | State Farm | $1,565 | |
 | American Family | $1,687 | |
 | Farm Bureau | $2,140 | |
 | Geico | $2,172 |  |
 | Allstate | $2,652 |  |
 | USAA* | $924 | |
*USAA is only available to current and former members of the military and their families.
Indianapolis drivers pay an average of $145 a month for full coverage insurance Full coverage includes collision and comprehensive, which cover your own car for damage and theft. . The actual rate you pay depends on factors like your driving record, credit and age.
Each company looks at these factors differently. This is why it’s a good idea to compare car insurance quotes from a few different companies when you buy or renew your policy.
Cheap Indianapolis liability insurance: Auto-Owners
Auto-Owners also has a better satisfaction score J.D. Power’s satisfaction scores are based on customer surveys rating companies on factors like price, coverage options and problem resolution. than Travelers from J.D. Power. This basically means that it has happier customers than Travelers does.
Liability-only car insurance rates
| Company | Annual rate |
|---|---|
| Auto-Owners | $515 |
| Travelers | $584 |
| American Family | $587 |
| State Farm | $597 |
| Progressive | $662 |
| Farm Bureau | $708 |
| Geico | $848 |
| Allstate | $1,218 |
| USAA* | $308 |
Best Indy car insurance for teens: Progressive and Travelers
Travelers has the cheapest full coverage for Indianapolis teens at $344 a month. Auto-Owners is next-cheapest at $371 a month.
Teen car insurance rates
| Company | Liability annual | Full coverage annual |
|---|---|---|
| Progressive | $1,669 | $4,693 |
| Travelers | $1,770 | $4,128 |
| Auto-Owners | $1,842 | $4,453 |
| State Farm | $2,056 | $4,940 |
| Geico | $2,063 | $5,274 |
| American Family | $2,394 | $6,145 |
| Farm Bureau | $2,568 | $7,536 |
| Allstate | $3,059 | $5,478 |
| USAA* | $621 | $1,772 |
A lack of driving experience makes teens more likely to crash than older drivers. This makes car insurance more expensive for them.
Most companies offer car insurance discounts to help teen drivers save money. Progressive, Travelers, Auto-Owners and many other companies have young driver discounts for:
- Getting good grades
- Going off to school without a car
Travelers also gives teens a discount for completing a driver training program. Progressive and Auto-Owners don’t have this discount.
Progressive does give parents a discount for adding a teen aged 18 or under to their policy. The parents have to be insured by Progressive for at least a year to get this discount. This is one most other companies don’t offer.
Best auto insurance rates after a ticket: Auto-Owners
Make sure to get a car insurance quote from Auto-Owners if you have a speeding ticket. At $129 a month, the company has the cheapest full coverage for most Indianapolis drivers with a ticket. This is 9% less than the next-cheapest rate of $142 a month from State Farm.
Car insurance rates after speeding ticket
| Company | Annual rate |
|---|---|
| Auto-Owners | $1,543 |
| State Farm | $1,698 |
| Travelers | $1,788 |
| American Family | $1,927 |
| Progressive | $1,994 |
| Geico | $2,501 |
| Farm Bureau | $2,579 |
| Allstate | $3,456 |
| USAA* | $1,166 |
A speeding ticket raises the average cost of full coverage in Indianapolis by 19% to $173 a month. However, each company raises its price by different amounts. This makes shopping around for car insurance especially important if you have a bad driving record.
Cheap Indianapolis car insurance after an accident: Auto-Owners
Most Indianapolis drivers with an at-fault accident can get the cheapest car insurance quotes from Auto-Owners. The company charges drivers with an accident $158 a month for full coverage. This is 25% less than the average of $217 a month after an accident.
State Farm is only slightly more expensive than Auto-Owners after an accident at $163 a month.
Car insurance rates after an accident
| Company | Annual rate |
|---|---|
| Auto-Owners | $1,894 |
| State Farm | $1,961 |
| Travelers | $2,010 |
| Progressive | $2,272 |
| American Family | $2,860 |
| Farm Bureau | $3,213 |
| Geico | $3,450 |
| Allstate | $4,440 |
| USAA* | $1,339 |
Best for Indianapolis teens with a ticket or accident: Progressive
Indianapolis teens with a ticket or accident can get cheap car insurance from Progressive. The company has the cheapest liability rates for most teens with a speeding ticket at $146 a month. This is 8% less than the next-cheapest rate of $159 a month from Auto-Owners.
Progressive also has the cheapest liability rates for most young drivers with an accident at $156 a month. This is 23% less than Auto-Owners’ rate.
Teen insurance rates after a ticket or accident
| Company | Ticket annual rate | Accident annual rate |
|---|---|---|
| Progressive | $1,755 | $1,869 |
| Auto-Owners | $1,902 | $2,431 |
| Travelers | $2,198 | $2,602 |
| State Farm | $2,261 | $2,663 |
| Geico | $2,310 | $2,998 |
| American Family | $2,956 | $3,851 |
| Farm Bureau | $3,629 | $4,605 |
| Allstate | $4,096 | $5,608 |
| USAA* | $802 | $897 |
Cheap Indianapolis car insurance with an OWI: Progressive
Progressive has the cheapest car insurance for Indianapolis drivers with an OWI (operating while intoxicated) conviction, at $150 a month. This is 39% less than the state average of $246 a month after an OWI.
Travelers has the next-cheapest OWI insurance at $172 a month.
Insurance rates after an OWI
| Company | Annual rate |
|---|---|
| Progressive | $1,797 |
| Travelers | $2,066 |
| State Farm | $2,914 |
| American Family | $3,188 |
| Allstate | $3,486 |
| Auto-Owners | $3,754 |
| Farm Bureau | $3,852 |
| Geico | $4,107 |
| USAA* | $1,447 |
Cheapest Indianapolis insurance for bad credit: Travelers
Travelers has the cheapest bad credit car insurance for most Indianapolis drivers. Its rates average $196 a month for full coverage. This is 36% less than the city average of $299 a month for drivers with bad credit.
Bad-credit car insurance rates
| Company | Annual rate |
|---|---|
| Travelers | $2,350 |
| Progressive | $2,535 |
| American Family | $3,046 |
| Geico | $3,312 |
| Allstate | $3,673 |
| Farm Bureau | $4,370 |
| Auto-Owners | $4,394 |
| State Farm | $6,922 |
| USAA* | $1,691 |
Best car insurance companies in Indianapolis
Indiana Farm Bureau and American Family have higher satisfaction ratings than Auto-Owners from J.D. Power. However, both companies are also more expensive than Auto-Owners for most drivers.
Auto-Owners’ flexible coverage options include gap insurance and accident forgiveness. However, it doesn’t offer rideshare insurance. If you drive for a rideshare service Rideshare insurance covers you while you wait for pickups with your rideshare app turned on. , Travelers, Progressive or State Farm may be a better option for you.
USAA is the best car insurance company for military families in Indianapolis. It has the city’s lowest overall insurance rates and a higher satisfaction score than every other company. These are good reasons to get an auto insurance quote from USAA if you meet its eligibility requirements.
Car insurance company ratings
| Company | Satisfaction score** | Financial rating*** | LendingTree score |
|---|---|---|---|
| Allstate | 635 | A+ | |
| American Family | 660 | A | |
| Auto-Owners | 654 | A++ | |
| Farm Bureau | 673 | A | |
| Geico | 637 | A++ | |
| Progressive | 622 | A+ | |
| State Farm | 657 | A++ | |
| Travelers | 616 | A++ | |
| USAA* | 739 | A++ | |
Sources: **J.D. Power 2024 U.S. Auto Insurance Study; ***AM Best.
Indianapolis car insurance rates by neighborhood
At 1,617 a year, Carmel’s 46280 ZIP code has the cheapest car insurance among Indianapolis neighborhoods and suburbs. The nearby 46290 ZIP is next at $1,621 a year.
Car insurance tends to cost more in ZIP codes with higher crash or car theft rates.
Drivers in the 46218 ZIP code pay the most for car insurance at $2,012 a year, or $168 a month. The ZIP code spans the Center and Warren townships. Center Township’s 46201 ZIP has the next highest rate at $165 a month.
Indy auto insurance rates by ZIP
| ZIP code | Annual rate | ZIP vs. city average |
|---|---|---|
| 46201 | $1,981 | 14% |
| 46202 | $1,928 | 11% |
| 46203 | $1,930 | 11% |
| 46204 | $1,910 | 10% |
| 46205 | $1,963 | 13% |
| 46208 | $1,961 | 13% |
| 46214 | $1,804 | 4% |
| 46216 | $1,839 | 6% |
| 46217 | $1,804 | 4% |
| 46218 | $2,012 | 16% |
| 46219 | $1,903 | 9% |
| 46220 | $1,840 | 6% |
| 46221 | $1,851 | 6% |
| 46222 | $1,950 | 12% |
| 46224 | $1,850 | 6% |
| 46225 | $1,934 | 11% |
| 46226 | $1,917 | 10% |
| 46227 | $1,828 | 5% |
| 46228 | $1,856 | 7% |
| 46229 | $1,900 | 9% |
| 46231 | $1,782 | 2% |
| 46234 | $1,779 | 2% |
| 46235 | $1,911 | 10% |
| 46236 | $1,784 | 3% |
| 46237 | $1,766 | 2% |
| 46239 | $1,809 | 4% |
| 46240 | $1,749 | 1% |
| 46241 | $1,823 | 5% |
| 46250 | $1,776 | 2% |
| 46254 | $1,842 | 6% |
| 46256 | $1,778 | 2% |
| 46259 | $1,729 | -1% |
| 46260 | $1,798 | 3% |
| 46268 | $1,807 | 4% |
| 46278 | $1,794 | 3% |
| 46280 | $1,617 | -7% |
| 46290 | $1,621 | -7% |
Minimum Indianapolis car insurance requirements
You have to meet Indiana’s 25/50/25 car insurance requirements to drive legally in Indianapolis. The required minimum liability limits include:
- Bodily injury liability: $25,000 per person, $50,000 per accident
- Property damage liability: $25,000
Collision Collision covers damage to your car from a collision with another vehicle or object. and comprehensive Comprehensive covers your car for theft and damage from non-collision causes, like fire, flood and vandalism. are not required by law. However, you usually need both for a car loan or lease. Both are also good to have for any car worth more than a few thousand dollars, regardless of loan or lease status.