Average Car Insurance Cost in Indiana (2024)
Full-coverage car insurance averages $144 per month in the Hoosier State, while liability coverage averages $72.
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Written byJacqueline DeMarco
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13+ years writing insurance and personal finance content
Insurance, lending, and retirement expert
Jacqueline has contributed content, and her personal finance passion, to dozens of noteworthy financial brands, including Credit Karma, Bankrate, and MagnifyMoney.
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Edited byKatie Powers
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Licensed auto and home insurance agent
3+ years experience in insurance and personal finance editing
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
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Updated November 21, 2024
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Table of contents
Car insurance policies in Indiana typically cost less than the overall national average of $154. The state has much lower car theft rates than other states, which may explain the cheap premiums in Indiana. For example, Indiana had 12,585 stolen cars in 2021, Colorado had 40,853, and Texas had 87,053.[1]
Your specific premium amount depends on a variety of factors, including your driving record, age, and location within the state. To find the best deal for you, compare quotes from multiple insurance companies.
Here’s what you need to know about car insurance in Indiana, including the average cost and what other factors influence car insurance premiums.
Quick Facts
The overall average cost of car insurance in Indiana is $108 per month.
Indiana insurers can consider credit information when determining your car insurance premiums.[2]
Indianapolis residents pay the highest average rates in Indiana, at $126 per month.
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What’s the average cost of car insurance in Indiana?
The cost of car insurance in Indiana varies depending on the type of policy you select.[3] Opting for full coverage will result in higher premiums than the cost of a liability policy. On average, a full-coverage car insurance policy in Indiana costs around $144 per month, while a liability-only policy comes at a more affordable average monthly cost of $72.
Your choice of auto insurer also plays a significant role in determining your insurance expenses. Review the table below to compare average rates for both policy types from a selection of top car insurance companies operating in Indiana.
The below rates are estimated rates current as of: Friday, November 1 at 12:00 PM PDT.
Insurance Company ▲▼ | Average Quote: Liability Only ▲▼ | Average Quote: Full Coverage ▲▼ |
|---|---|---|
| Auto-Owners | $27 | $54 |
| State Farm | $29 | $57 |
| USAA | $31 | $61 |
| GEICO | $32 | $63 |
| American Family | $43 | $85 |
| Clearcover | $49 | $81 |
| Progressive | $54 | $106 |
| Travelers | $57 | $113 |
| Farmers | $60 | $118 |
| Direct Auto | $64 | $125 |
| Root | $66 | $105 |
| Allstate | $68 | $135 |
| Dairyland | $71 | $175 |
| CSAA | $75 | $127 |
| Nationwide | $75 | $148 |
| National General | $80 | $158 |
| The General | $81 | $184 |
| Safeco | $83 | $148 |
| Elephant | $86 | $134 |
| Bristol West | $86 | $192 |
| Liberty Mutual | $89 | $198 |
| GAINSCO | $91 | $208 |
| Foremost | $113 | $214 |
| AssuranceAmerica | $124 | $199 |
| State Auto | $142 | $282 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Average Indiana car insurance rates by city
Within Indiana, car insurance rates vary by the city and ZIP code you live in. These discrepancies in cost arise due to varying risk factors associated with each location, such as differences in auto theft rates, traffic conditions that contribute to accidents and subsequent insurance claims, population density, and more.
In Indiana, Muncie residents pay much lower average rates than drivers in Indianapolis, the state’s most-populated city. Delve deeper into the city-level car insurance quote variations below:
City ▲▼ | Average Monthly Quote ▲▼ |
|---|---|
| Elkhart | $96 |
| Evansville | $111 |
| Fort Wayne | $111 |
| Indianapolis | $126 |
| Lafayette | $102 |
| Muncie | $97 |
| South Bend | $104 |
| Terre Haute | $99 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Average Indiana car insurance rates by age
Your age plays a pivotal role in determining your car insurance rates. Teen drivers and others younger than 25 often face the highest car insurance premiums due to limited driving experience and increased risks of having a car accident.[4]
As young drivers gain experience and enter their mid-30s, rates tend to decrease with age. However, in later years, rates may rise again for older drivers due to age-related car accident risks.
Explore the chart below for a breakdown of average monthly premiums by age in Indiana.
Rates by Age
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
How gender affects car insurance rates in Indiana
Your gender can influence your car insurance rates because insurance companies use statistical risk assessments. Historically, young male drivers have higher rates of serious accidents and incidents like DUIs (driving under the influence), resulting in elevated premiums.[5] However, rates typically decline with age and experience for men and women.
On average, men in Indiana pay $112 per month for car insurance and women pay $105. Here are the average monthly quotes for Indiana car insurance based on gender and age.
Age ▲▼ | Male ▲▼ | Female ▲▼ |
|---|---|---|
| 16 | $270 | $221 |
| 35 | $128 | $121 |
| 50 | $102 | $99 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
How your driving record affects car insurance rates in Indiana
Your driving record has a substantial effect on your auto insurance rates in Indiana because insurance companies use it to assess your risk as a driver. A clean driving record free from accidents or traffic violations reflects responsible driving and typically leads to the lowest rates.
Conversely, a history of accidents, speeding tickets, or other infractions like DUIs can indicate an increased risk of future claims and result in higher insurance costs. On average, Indiana drivers with an incident on their record pay $138 per month. The best way to protect yourself and your wallet is to avoid traffic violations, accidents, and other incidents that lead to claims.
Here are the average premiums for Indiana drivers based on the presence of incidents on their driving records.
Driver Record ▲▼ | Average Quote: Liability Only ▲▼ | Average Quote: Full Coverage ▲▼ |
|---|---|---|
| Clean record | $72 | $144 |
| With accident | $103 | $207 |
| With speeding ticket | $104 | $209 |
| With DUI | $118 | $235 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest recent rates in Indiana
Drivers using Insurify have found quotes as cheap as $48/mo for liability only and $62/mo for full coverage in Indiana.
*Quotes generated for Insurify users within the last 10 days. Last updated on November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
*Quotes generated for Insurify users within the last 10 days. Last updated on November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from November 21, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.
Average Indiana car insurance rates by marital status
Though you may not realize it, your marital status can affect how much you pay for auto insurance in Indiana. Married drivers generally pay slightly lower premiums than their single peers. Insurance companies perceive married policyholders as more stable and statistically less prone to risky driving behaviors that result in claims.[6]
Below, you can find average car insurance quotes in Indiana based on marital status.
Marital Status ▲▼ | Average Quote: Liability Only ▲▼ | Average Quote: Full Coverage ▲▼ |
|---|---|---|
| Married | $63 | $122 |
| Single | $70 | $135 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Average Indiana car insurance rates by credit tier
Your credit history can have a substantial effect on your auto insurance rates. Insurance companies often incorporate insurance-based credit scores into premium calculations due to an observed connection between poor credit and filing more insurance claims.
An excellent or good credit score often results in lower premiums, but a poor score can lead to higher costs because it can indicate you’re more likely to file a claim. Work on improving your credit score for lower rates.
Some states prohibit or restrict the use of credit history in insurance pricing; however, Indiana state laws allow its use.[7] The following table depicts how car insurance costs in Indiana vary by credit tier.
Credit Tier ▲▼ | Average Quote: Liability Only ▲▼ | Average Quote: Full Coverage ▲▼ |
|---|---|---|
| Poor | $107 | $208 |
| Average | $69 | $134 |
| Good | $63 | $122 |
| Excellent | $53 | $103 |
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Indiana car insurance FAQs
Before you start shopping around for car insurance coverage, you should consider your coverage options and determine the amount of coverage you need. The information below should help you gain a clearer understanding of the cost of car insurance in Indiana and other crucial insurance factors.
What is the average cost of auto insurance in Indiana?
The state average monthly cost of car insurance is $108. Drivers pay $144 for a full-coverage policy and $72 for liability-only coverage, on average. How much you spend on car insurance depends greatly on the type of coverage you choose, as well as your driving record, age, credit history, and more.
What is the cheapest car insurance in Indiana?
Auto-Owners provides the cheapest coverage in Indiana, with an average monthly quote of $27. The other two cheapest car insurance companies are State Farm and USAA, which have average monthly quotes for liability coverage of $29 and $31, respectively.
To determine the best coverage for your specific needs, you should request and compare personalized quotes from different insurance companies. The best policy for you isn’t necessarily the one that offers the cheapest rates. You need to look for financial products that offer the features and coverage you need to protect yourself.
Do car insurance rates vary by county in Indiana?
Yes. Where you live can influence your monthly auto insurance spending. Rates can fluctuate based on which city, county, and ZIP code in Indiana you live in. Factors such as population density, local accident rates, and crime rates can affect insurance costs, leading to differences in premiums from one county to another.
What are the best auto insurance companies in Indiana?
The best car insurance company in Indiana is State Farm, thanks to a high Insurify Quality (IQ) Score of 4.4 out of 5, an A++ (Superior) financial strength rating from AM Best, and solid J.D. Power customer satisfaction rankings. On average, State Farm policyholders pay $29 per month for liability coverage and $57 for full coverage. Other top insurers include GEICO and Auto-Owners.
What are the car insurance requirements in Indiana?
Indiana drivers must carry a minimum of $25,000 per person and $50,000 per accident in bodily injury liability and $25,000 per accident in property damage liability.[8] Drivers in the state must also either purchase uninsured/underinsured motorists coverage or explicitly decline it in writing.
Methodology
Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.
Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).
Liability-only premium averages correspond to policies with the following coverage limits:
- Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
- Property damage limits between $10,000 and $50,000
- No additional coverage
- Comprehensive coverage with a $1,000 deductible
- Collision coverage with a $1,000 deductible
Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.
Sources
- Insurance Information Institute. "Facts + Statistics: Auto theft."
- Indiana Legal Services. "Credit Scoring."
- Insurance Information Institute. "What determines the price of an auto insurance policy?."
- Centers for Disease Control and Prevention. "Keep Teen Drivers Safe."
- Insurance Institute for Highway Safety. "Fatality Facts 2021 Males and females."
- Consumer Federation of America. "New Research Shows That Most Major Auto Insurers Vary Prices Considerably Depending on Marital Status."
- Experian. "Which States Restrict the Use of Credit Scores in Determining Insurance Rates?."
- Indiana Bureau of Motor Vehicles. "Insurance Requirements."
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Jacqueline DeMarco
During college, Jacqueline DeMarco interned at a retirement plan advisory firm and was tasked with creating a presentation on the importance of financial wellness. During her research into how money can affect our health, relationships and career, Jacqueline realized just how important financial education is. Jacqueline is a contributor for Insurify and has worked with more than a dozen financial brands, including LendingTree, Capital One, Credit Karma, Fundera, Chime, Bankrate, Student Loan Hero, ValuePenguin, SoFi, and Northwestern Mutual, providing thoughtful content to give readers insight into complex topics that they likely didn’t learn in school.
Licensed auto and home insurance agent
3+ years experience in insurance and personal finance editing
Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.
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