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Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent. Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs. Steve Ellis, CPCU, AIC, MBA, is a 30 year veteran of the insurance industry. His experience extends into training, operations, quality improvement, audit, compliance, claims technology, and data & analytics. Updated Oct 24, 2022 Compare car insurance rates Answer a few questions to discover real rates from top-tier carriers in your area. Your information is secure Compare rates Select from a variety of trusted carriers + MORE How it works Caret Down Tell us a little about yourself We'll only ask for info we're confident will impact your rate. That way, we can provide you with the most accurate and personalized offers. Choose which policy is best for you Compare your options from a list of carriers that want to get you insured. You can then move forward with as many as you'd like. Lock in your rate and policy details Once you're confident in your selected carrier, finish up the process online or on the phone with a trusted agent. And that's it! On This Page
Based on Bankrate's extensive analysis of the largest Indiana car insurance companies by market share, some of the in Indiana is sold by USAA, Geico and State Farm. Auto-Owners and Progressive are also contenders, as they ranked highly based on our scoring metrics, which included average premiums, coverage options, available discounts and third-party rankings. Indiana drivers pay an for full coverage car insurance, which is lower than the national average of $1,771 per year for the same coverage, based on Bankrate's 2022 study of quoted annual premiums. However, price is not the only factor you may want to consider when shopping for car insurance. Our unique Bankrate Score model can help you learn how to form a well-rounded view of a carrier and help you choose a company that fits your needs and budget. See More Compare rates and save on auto insurance today! Get quotes Close X Best car insurance companies in Indiana
According to our research, USAA, Geico, State Farm, Auto-Owners and Progressive offer some of the best auto insurance in Indiana. Bankrate's insurance editorial team third-party customer satisfaction ratings, financial strength rankings, coverage options and available discounts for the largest auto insurance companies by market share in the Hoosier State. We also reviewed average quoted premiums obtained from Quadrant Information Services. These factors were then converted into a Bankrate Score on a 5.0 scale. The higher the Bankrate Score, the higher a company ranked in each scoring category. Based on our research, the five best insurance companies in Indiana are: Car insurance company Bankrate Score Average annual full coverage premium J.D. Power customer satisfaction score * 5.0 $906 891/1,000 4.7 $912 837/1,000 4.7 $960 848/1,000 4.5 $1,103 834/1,000 4.4 $1,279 827/1,000 *Not officially ranked by J.D. Power due to eligibility restrictions This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto with quotes from trusted providers like: Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto with quotes from trusted providers like: Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Discover the best carrier for you
Get custom car insurance quotes from top-rated carriers in 3 minutes or less. Answer a few questions to see personalized rates from top carriers. J.D. Power: AM Best: ++ Avg. annual premium for minimum coverage: $ Avg annual premium for full coverage: $ Company overview Pros and cons CheckmarkPros Highest J.D. Power customer satisfaction scores on our list Lowest average full coverage premiums on our list Coverage is tailored to military needs Close XCons Not available to everyone Fewer specialty coverage options than some competitors Average annual premium by city Indiana city USAA full coverage premium Indianapolis, IN $946 Fort Wayne, IN $872 South Bend, IN $916 Answer a few questions to see personalized rates from top carriers. Answer a few questions to see personalized rates from top carriers. J.D. Power: AM Best: ++ Avg. annual premium for minimum coverage: $ Avg annual premium for full coverage: $ Company overview Pros and cons CheckmarkPros Lowest average minimum coverage rate on our list Highly-rated mobile app and digital tools Lots of potential discounts Close XCons Below-average J.D. Power customer satisfaction score in this region Fewer coverage options than some competitors Average annual premium by city Indiana city Geico full coverage premium $920 Fort Wayne, IN $883 South Bend, IN $859 Answer a few questions to see personalized rates from top carriers. Answer a few questions to see personalized rates from top carriers. J.D. Power: AM Best: ++ Avg. annual premium for minimum coverage: $ Avg annual premium for full coverage: $ Company overview Pros and cons CheckmarkPros Higher-than-average J.D. Power customer satisfaction score in this region Lots of local agencies Close XCons May not be available to high-risk drivers No gap coverage available Average annual premium by city Indiana city State Farm full coverage premium Indianapolis, IN $1,007 Fort Wayne, IN $938 South Bend, IN $957 Answer a few questions to see personalized rates from top carriers. Answer a few questions to see personalized rates from top carriers. J.D. Power: AM Best: ++ Avg. annual premium for minimum coverage: $ Avg annual premium for full coverage: $ Company overview Auto-Owners is a regional carrier selling coverage in 26 states, including Indiana. Auto-Owners offers several coverage options to choose from, including gap insurance, diminished value coverage and . However, Auto-Owners does not provide quotes online at this time. You will need to work with a local agent to get a quote and sign up for insurance. Pros and cons CheckmarkPros Long list of potential discounts Above-average J.D. Power customer satisfaction score in this region Wide range of coverage options Close XCons Fewer digital tools than some competitors Because no online quoting is available, you'll need to work with an agent to get a quote and sign up Average annual premium by city Indiana city Auto-Owners full coverage premium Indianapolis, IN $1,112 Fort Wayne, IN $1,013 South Bend, IN $1,022 Answer a few questions to see personalized rates from top carriers. Answer a few questions to see personalized rates from top carriers. J.D. Power: AM Best: + Avg. annual premium for minimum coverage: $ Avg annual premium for full coverage: $ Company overview Pros and cons CheckmarkPros Two usage-based driving programs could help you get a personalized rate Strong digital tools Name Your Price tool allows you to see competitor rates Close XCons Highest average full and minimum coverage rates on our list Higher-than-average NAIC complaint index score Average annual premium by city Indiana city Progressive full coverage premium $1,288 Fort Wayne, IN $1,211 South Bend, IN $1,242 Answer a few questions to see personalized rates from top carriers. Average car insurance cost in Indiana
Indiana is one of the more in the nation for car insurance, perhaps due to its low population density and competitive insurance market. Indiana drivers can expect to pay an of just $329 per year for minimum coverage and $1,242 per year for full coverage. These average costs are cheaper than the national average cost of car insurance, which is $545 annually for minimum coverage and $1,771 annually for full coverage. Bankrate’s insurance premium data is obtained from Quadrant Information Services. These rates reflect a driver with a clean driving record; your rates will vary based on your unique rating factors. Indiana’s low cost of insurance may be linked to its decreasing number of licensed drivers. Between 2011 and 2019, the number of licensed drivers in the Hoosier State dropped from . Fewer drivers on the road may mean fewer accidents. Average annual premium for minimum coverage in Indiana Average annual premium for full coverage in Indiana $329 $1,242
Indiana city Average annual premium for full coverage Average annual premium for minimum coverage Bloomington $1,175 $314 Carmel $1,115 $320 Evansville $1,267 $372 Fishers $1,127 $326 $1,172 $331 Gary $1,928 $475 Hammond $1,767 $450 Indianapolis $1,285 $355 Lafayette $1,104 $306 South Bend $1,184 $321 How to find the best car insurance in Indiana
Everyone's needs are different, so car insurance is highly personalized to each driver. That means the best car insurance in Indiana ultimately depends on you and your unique situation. However, you can take some steps to make finding the right policy for your needs a little easier. Consider minimum insurance requirements in Indiana
Indiana requires that drivers purchase at least of auto insurance coverage. If you live in Indiana, you must purchase at least the state's minimum limits of bodily injury liability and property damage liability to drive legally. Auto insurance companies must also offer you and underinsured motorist coverage, although you can decline these in writing. You cannot purchase lower than your state's minimum limits, so there's no need to memorize the legal requirements. However, understanding the minimum coverage limits could help you identify if you need higher limits or optional endorsements. Consider lender requirements
If you have a loan or lease on your vehicle, your insurance needs may be different than a driver who owns their vehicle outright. Because you share ownership of your vehicle with a financial institution, you will likely be required to carry comprehensive and collision coverages, often called "." Both comprehensive coverage and collision coverage give you financial protection for damage to your vehicle. You may also want to consider , which is designed to pay the difference between the cash value of your vehicle and the balance of your loan if your vehicle is stolen or totaled. Consider your individual needs
Life happens, and when it does, your car insurance might change. If your gets their license, for example, you will likely be facing increased premiums. Or perhaps you rear-end another driver, get a speeding ticket or are convicted of a DUI. These incidents could flag you as a and increase your rates. Understanding your own specific scenario could help you find a company that sells coverage geared toward your situation. Households with teen drivers could look for companies with student discounts, for example. Car insurance discounts in Indiana
Although Indiana drivers tend to pay less for car insurance than drivers elsewhere in the nation, there are ways to save even more on your car insurance premium. Most companies offer discounts to . Some common car insurance discounts in Indiana include: Young driver discounts: Many companies offer good student discounts for full-time students under the age of 25 who maintain a certain GPA. Young drivers might also benefit from teen driver programs or distance student programs, if they go away to school without a car. Safe driver discounts: If you have not been in an accident or gotten a ticket for a certain number of years (which varies by company), you could earn a safe driver discount. Good drivers may also benefit from a telematics program or discount. Other discounts: If you have more than one vehicle or insurance policy, keeping everything with the same insurance company can result in significant . You could also consider paying in full or going paperless to lower your bills. Because each company offers its own discounts and has its own rules, talking with an agent is often the best way to identify savings opportunities. Not all companies list all of their available discounts online. Frequently asked questions
The best car insurance in Indiana will vary based on your personal needs, wants and rating factors. If you are looking for the lowest-priced policy, the best company for you will likely be different from the best company for someone looking for a specific coverage type. Making a list of your wants and needs and getting quotes from several carriers could help you find the best car insurance for your circumstances.
USAA, Auto-Owners and State Farm offer some of the . However, a company's average rates may not reflect what your policy will cost. Your premium will depend on your individual rating factors, including your age, driving history and the coverage types and levels you choose. Auto insurance rates vary by carrier for even the same coverage, so could help you find a policy that comes with the cheapest rates for you.
Car insurance is required in Indiana, so is illegal. If you are caught, you will likely face fines and could have your license suspended. If you cause an accident, you'll also be responsible for property damage and injuries you cause. Auto insurance is a legal requirement for all drivers. Even if your budget is tight, you should seek out a policy that fits your needs.
is a relatively easy task. First, get quotes and decide which carrier you're going to move forward with. That company will walk you through the steps to buying your policy, which may include making a payment and signing an application. Once you have an effective date for the new policy, contact your prior insurance company and ask to cancel your prior policy on the same day that your new policy is effective. This eliminates any overlaps or lapses in coverage. Methodology
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes. Bankrate Scores
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody’s had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider. While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores. Written by Cate Deventer Insurance Writer & Editor Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent. Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs. Steve Ellis, CPCU, AIC, MBA, is a 30 year veteran of the insurance industry. His experience extends into training, operations, quality improvement, audit, compliance, claims technology, and data & analytics.