Cheap Auto Insurance Quotes in Indianapolis, IN (2021)

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As we work together to slow the spread of COVID-19, state insurance commissions and insurance providers are constantly changing regulations and practices surrounding monthly payments, claim payouts, and more. To stay up to date with the latest on auto insurance reimbursements in your area, be sure to check with your state’s insurance commission and your current auto insurance provider.

If your driving habits have changed due to COVID-19, find a new, cheaper, ready-to-buy auto insurance policy on Insurify by comparing dozens of quotes at once.

This city isn’t called the “Crossroads of America” for nothing, as Indianapolis is home to more interstates than most other places in the nation. Rush hour can bring an immense amount of traffic, depending on where you are in the metropolitan area, and those who don’t know how to navigate the area’s countless number of roundabouts could find driving in Indianapolis stressful, to say the least. Thankfully, at least you won’t have to navigate how to pay for your auto insurance, as residents in this area can typically save money after doing a bit of research.

Car Insurance in Indianapolis, IN

The average cost of Indiana car insurance will vary from city to city and between insurance companies. Insurify analyzed the latest insurance rates in Indianapolis, IN to find you the cheapest quotes in the area.

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Cheapest Car Insurance in Indianapolis, IN

Here are the cheapest carriers in Indianapolis for the following user profile: a single, 30 year old male with a clean driving record who drives a 2012 Honda Accord and pays a $1,000 deductible for the state’s minimum liability insurance.

Best Car Insurance in Indianapolis, IN

The Insurify Composite Score is calculated by analyzing multiple factors that indicate the quality, reliability, and health of an insurance company. Inputs to the score include financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings, Consumer Reports customer satisfaction surveys, mobile app reviews, and user-generated carrier reviews. The following are the top rated carriers that offer car insurance in Indianapolis. For the complete list, see Insurify's best car insurance companies.

Average Car Insurance Cost

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Indianapolis, IN Driving Facts

Minimum Car Insurance Requirements in IN

Indiana drivers must purchase car insurance and must carry proof of financial responsibility in their vehicles. Unlike many states, Indiana requires uninsured motorist protection in addition to property damage liability and bodily injury liability coverage. 

Motorists are required to purchase auto insurance coverage meeting these minimums:

  • $25,000 for bodily injury or death of one person
  • $50,000 for bodily injury or death of two or more persons
  • $25,000 for property damage liability
  • $50,000 Uninsured Motorist Coverage
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Indianapolis Car Insurance Rates by Driver Age

Those with more than 30 years of driving experience in Indianapolis will find that their car insurance rates are some of the best around. Motorists in their 50s, 60s, and 70s will pay an average of $122, $125, and $127, respectively. Prices here are the highest for drivers under 20 years of age, with rates that average $300; however, once a driver is out of their teen years, they can save about $120 off this initial rate.

Driver's AgeAvg. Monthly Cost
teens$301
20s$189
30s$144
40s$162
50s$123
60s$126
70s$128
80s$160
Driving HistoryAvg. Monthly Cost
No Violation$166
Speeding Ticket$190
At-Fault Accident$201
Failure to Stop for Red Light / Stop Sign$163

Indianapolis Car Insurance Rates by Driving and Accident History

It’s a matter of pride for many motorists to maintain a clean driving record, but if you do receive a moving violation, your car insurance premiums won’t take too much of a hit. Drivers without any points on their records pay an average of $165, and if they run a stop sign or red light, their rates won’t be impacted by more than a few dollars. A speeding ticket, however, will cause premiums to go up to around $189, and an at-fault accident pushes prices to $200.

Indianapolis Car Insurance Rates by Credit Tier

Drivers with excellent credit definitely get to enjoy lower car insurance rates in Indianapolis. These individuals tend to pay an average of $152, as they are deemed to be the most financially trustworthy. Motorists whose credit falls into the poor, average, or good tiers will typically pay $173, $171, or $177, respectively. While boosting your credit is always worthwhile, drivers in Indianapolis have an extra incentive to do so.

Credit TieAvg. Monthly Cost
Excellent$153
Good$178
Average$172
Poor$174

Indianapolis, IN DMV Information

The Indiana Bureau of Motor Vehicles makes it easy for drivers to get the information they need, with branch locations and kiosks sprinkled around the metropolitan area. Many offices are open Tuesday through Saturday with varying hours and allow you to check current wait times online. If you need to head to a BMV location, it’s often advised that you check multiple offices to see which is the least busy.

Public Transportation in Indianapolis, IN

Indianapolis has refined its public transportation system over the years, making it quite easy to get around town without your own vehicle. IndyGo operates 31 different routes that crisscross the city as well as the Red Line rapid transit electric bus system. You can also rent an electric vehicle or scooter if need be, while others opt to use a ridesharing service like Lyft or Uber.

Conclusion: How to get the best and cheapest car insurance in Indianapolis, IN

If you’ve grown up in Indianapolis, the city’s maze of interstates is likely nothing you worry about, but those new to the area should take extra time when planning a trip and remember to stay focused on the road at all times. Even though a collision can happen completely accidentally, keep in mind that you’re financially responsible if a problem occurs on the road.

In order to protect yourself in the event of an accident, it’s best to make sure you have adequate car insurance. By visiting Insurify, you can compare quotes with ease and enroll in a policy that will meet your specific driving needs. Now, you can navigate the roads of Indianapolis with a little more peace of mind!

Insurify Rankings

Using a proprietary dataset of over 1.6 million car insurance shopper applications, the data scientists at Insurify have run various studies on driver behavior across geographical locations, age ranges, motor vehicle registration, and other variables all related to auto insurance coverage.

We’ve been able to determine the speediest cities in the nation, the most popular cars among age groups, and the occupations with the worst drivers, among other insightful reports. We’ve also launched annual awards campaigns to congratulate the communities across the country who have excelled in environmentally friendly initiatives, educational attainment, and other areas.

Here's how Indianapolis stacks up for the state of Indiana:

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Chevrolet Malibu
Most Popular Car in
Indianapolis, IN
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#4
Cities with Most
Suspended Licenses Rank
Most Patriotic City

Most Patriotic City

Indianapolis

Beginning in 2018, Insurify launched the Most Patriotic Cities Awards, which salute the community in each state with the highest percentage of individuals who currently serve in the military or identify as armed service veterans.

Anderson won Insurify's Most Patriotic Cities Award for the state of Indiana. McClain's Historical Military Armory Museum is closing its doors after over 25 years, and is projected to be a blow to the local economy.


FAQs - Indianapolis, IN Car Insurance

Why is car insurance so affordable in Indiana?

Residents of Indianapolis often pay up to 20 percent less than the national average for their auto policy due to a variety of factors, including the frequency of accidents in the state, a person’s driving history, and more.

What kind of auto coverage is required in Indianapolis?

If you’re looking to purchase insurance in Indiana for the first time, it’s important to note that you must have liability coverage of at least $25,000. Additional types of protection are always available, depending on your specific needs.

What happens if I drive without car insurance in Indianapolis?

Anyone who is found operating a vehicle without coverage will have their driving privileges suspended and may face penalties as well. It’s common to need special insurance moving forward when you do get your license back.