Best Cheap Auto Insurance in Lafayette, Indiana (2024)

In Lafayette, liability-only auto rates average $78 a month and full-coverage rates average $180 a month. Here’s how Lafayette drivers can compare and shop for quotes.

Kim Porter
Written byKim Porter
Kim Porter
Kim Porter
  • Co-authored the book “Future Millionaires’ Guidebook”

  • 13 years writing personal finance content

A former chief copy editor at Bankrate and past managing editor at Macmillan, Kim specializes in writing easy-to-understand, actionable personal finance content.

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Courtney Mikulski
Courtney MikulskiSenior Editor, Auto
  • 3+ years producing insurance and personal finance content

  • Main architect of the Insurify Quality Score

Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.

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Updated February 26, 2024 at 11:00 AM PST

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If you live in Lafayette, Indiana, you’ll need to carry minimum liability limits of 25/50/25 to legally drive. Fortunately, the average car owner in Lafayette pays less on average for car insurance than drivers across the state and in the rest of the U.S.

The average cost of car insurance in Lafayette is $146 per month, and the cheapest car insurance companies are Auto-Owners, State Farm, and USAA. Here’s what you need to know about buying car insurance in Lafayette, Indiana.

Quick Facts
  • Average car insurance costs in Lafayette are 4% cheaper than the Indiana state average.

  • Lafayette’s suburban character likely contributes to its lower insurance costs — about 25% of Indiana’s traffic fatalities occur in the suburbs, according to state data.

  • Auto-Owners has the cheapest average rates for car insurance in Lafayette.

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Best car insurance companies in Lafayette, Indiana

The cost of car insurance can vary among companies because each insurer calculates rates differently. One company may place more importance on driving history, while another may weigh credit score information more heavily, for example.

The following insurers are the best car insurance companies in Lafayette, Indiana, based on Insurify Quality (IQ) Score, average rates, available coverage, and third-party ratings.

Best company for liability-only insurance: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.4
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$26/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$49/mo

State Farm received an IQ Score of 4.4 out of 5 and an above-average score of 882 out of 1,000 points in J.D. Power’s 2022 U.S. Auto Claims Satisfaction Study.[1] In J.D. Power’s auto insurance satisfaction study, State Farm received an above-average score of 837 out of 1,000 points in the North Central region.[2]

Pros
  • Above-average J.D. Power customer service and claims satisfaction scores [1] [2]

  • Low average rates for liability-only coverage

Cons
  • Gap insurance not available

  • Not as many discounts as competitors

I am happy with their coverage. I just bought a new car, and my insurance quadrupled. YIKES.

Stacy - December 4, 2023
Verified

Friendly service.

John - December 4, 2023
Verified

Got insurance established fast.

Robert - December 3, 2023
Verified
Read our State Farm review

Best company for drivers with a DUI: Auto-Owners

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.1
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
837
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$25/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$47/mo

After a DUI conviction in Lafayette, the average car insurance rate doubles, according to Insurify data. But some companies (Auto-Owners among them) are more lenient on a policyholder with this type of incident on their record. Auto-Owners offers the cheapest coverage after a DUI.

The company has a solid customer satisfaction rating from J.D. Power.[2] You may also save even more on your premium when you bundle your insurance policies with Auto-Owners.

Pros
  • Excellent customer service

  • Variety of bundling options

Cons
  • Mobile app has lower ratings than some competitors

  • Claims filing not available online or via mobile app

I was pleased with the agent and for years the price, but now they have gotten too expensive for a person on a fixed income.

Mary - August 13, 2023
Verified

I was dropped because of two minor at-fault accidents in two plus years.

Zachary - January 8, 2023
Verified

You can work directly with an agent.

Guy - May 17, 2022
Verified
Read our Auto-Owners review

Best company for teen drivers: GEICO

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-five scale. The Insurify editorial team researches insurer data to determine the final scores.
4.3
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
835
Liability Only
Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.
$29/mo
Full Coverage
Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.
$55/mo

Teen drivers tend to pay much more for car insurance than any other age group across the U.S. But some insurance companies give teen drivers a break. In Lafayette, GEICO is one of the cheapest insurers for this age group, with an average monthly premium of $47.

GEICO earned above-average scores in J.D. Power’s claims satisfaction and customer service studies.[1] [2] The company also offers discounts for earning good grades, which can help teen drivers save on car insurance.

Pros
  • Cheap average rates for teen drivers

  • Above-average J.D. Power scores in customer service and claims handling [1] [2]

Cons
  • Gap insurance not available

  • No student-away-at-school discounts

Everything good except the price.

RAY - December 4, 2023
Verified

I have not had problems; prices just remain high with little to no customer service and little benefit from 26+ years of customer loyalty.

Elizabeth - December 3, 2023
Verified

I had been with them a few years until they started raising my rates every time I was up for renewal. I got a new quote from another company that was $50 less than GEICO for the same coverage. That's not how to show customer loyalty, and it's the reason GEICO lost me as a customer.

Denise - December 3, 2023
Verified
Read our GEICO review

Cheapest liability-only car insurance in Lafayette

Liability insurance covers medical bills and lost wages for people in another vehicle if you’re responsible for a car accident. It also pays for property damage to other parties’ vehicles, but it won’t cover damages to your car.

In Lafayette, drivers pay an average of $78 per month for liability-only car insurance. Here’s a breakdown of what car insurance companies charge for this auto insurance policy in Lafayette.

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 full-coverage car insurance in Lafayette

Compared to liability insurance, a full-coverage auto policy offers more protection. In addition to liability insurance, it includes comprehensive and collision insurance, which covers you for damage to your own vehicle in certain cases.

The average cost of full-coverage car insurance in Lafayette is $138 per month. But depending on what company you buy insurance from, you may see different rates.

Insurance CompanyAverage Monthly Quote
Auto-Owners$46
State Farm$49
USAA$52
GEICO$54
American Family$72
Travelers$91
Farmers$100
Clearcover$102
Allstate$114
Elephant$118
National General$125
Progressive$128
Safeco$133
Nationwide$133
SafeAuto$143
Direct Auto$145
Midvale Home & Auto$152
Liberty Mutual$177
Foremost Signature$177
AssuranceAmerica$180
State Auto$201
Bristol West$215
Dairyland$217
The General$236
CSAA$285
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.

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Car insurance requirements in Indiana

All drivers in Indiana must carry car insurance and show proof of it when:

  • Law enforcement asks for it

  • Renewing a vehicle registration

  • Involved in a car accident

The state of Indiana mandates the following minimum liability insurance requirements for private passenger vehicles:[3]

  • illustration card https://a.storyblok.com/f/162273/x/169fdfde11/liability-coverage.svg

    Bodily injury liability

    $25,000 per person and $50,000 per accident

  • illustration card https://a.storyblok.com/f/162273/x/7b43b14514/damage-from-aircraft.svg

    Property damage liability

    $25,000 per accident

  • illustration card https://a.storyblok.com/f/162273/x/5285c4cd74/uninsured-or-underinsured-motorist-coverage.svg

    Underinsured motorist bodily injury coverage

    $50,000 per accident

Bodily injury liability insurance covers people you injure in an accident you cause. Indiana is an at-fault state, which means the driver who’s responsible for an accident is also responsible for covering any resulting medical expenses, lost wages, and property damage.[4]

Uninsured motorist coverage can help cover your costs if you’re the victim of a hit-and-run or someone driving without insurance injures you or your passengers or damages your car. 

Indiana’s limits represent the bare-minimum coverage. If your policy includes just the minimum limits, but you cause an accident that results in a higher-cost claim, you’ll have to pay out of pocket for the excess amount. Indiana drivers can raise their limits and add comprehensive coverage and collision coverage to get more financial protection.

Cheapest car insurance for drivers with an incident

Driving habits are an important factor for insurance companies when determining auto rates. Insurers look at your driving record to assess risk and set premiums. A motorist with a clean driving record is less likely to get into an accident and submit a claim, so they generally pay lower rates.[5]

But you pose more risk to the insurance company when you cause an accident, get a speeding ticket, or drive under the influence. If you have too many accidents or a DUI on your record, you may also need to file an SR-22 insurance form in Indiana. In Lafayette, car insurance rates tend to rise after one of these incidents.

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Cheapest car insurance for drivers with a speeding ticket

A driver in Lafayette typically pays higher rates after getting a speeding ticket. The average premium increases by 33%. But some insurance companies charge less, which is why it’s important to shop around.

Here’s what insurance companies in Lafayette charge on average after a driver receives a speeding ticket.

Insurance CompanyAverage Monthly Quote
Auto-Owners$36
State Farm$39
USAA$41
GEICO$43
American Family$57
Farmers$80
Safeco$88
Allstate$91
Clearcover$92
SafeAuto$94
Progressive$100
State Auto$105
Midvale Home & Auto$113
National General$116
Dairyland$122
Liberty Mutual$122
Elephant$123
Direct Auto$154
AssuranceAmerica$154
Bristol West$158
The General$161
CSAA$201
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 car insurance for drivers with an at-fault accident

Car insurance rates also increase when a policyholder causes an accident.[6] Drivers in Lafayette could see their premium increase by 42% on average after an accident.

Here’s what insurance companies in Lafayette charge on average when someone has an at-fault accident on their driving record.

Insurance CompanyAverage Monthly Quote
Auto-Owners$39
State Farm$41
USAA$44
GEICO$46
American Family$61
Farmers$85
Safeco$94
Allstate$97
Clearcover$98
SafeAuto$100
Progressive$106
State Auto$112
Midvale Home & Auto$120
National General$124
Dairyland$130
Liberty Mutual$130
Elephant$131
Direct Auto$164
AssuranceAmerica$164
Bristol West$169
The General$172
CSAA$215
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 car insurance for drivers with a DUI

In Indiana, a DUI or DWI offense can cause car insurance rates to increase by as much as 87%. Drivers in Lafayette with a DUI tend to experience the highest rates, as drivers with a DUI on their record pay 97% more for car insurance than drivers with clean records.

Insurance CompanyAverage Monthly Quote
Auto-Owners$54
State Farm$57
USAA$61
GEICO$63
American Family$85
Farmers$119
Safeco$131
Allstate$135
Clearcover$137
SafeAuto$139
Progressive$148
State Auto$156
Midvale Home & Auto$167
National General$172
Dairyland$181
Liberty Mutual$181
Elephant$182
Direct Auto$228
AssuranceAmerica$228
Bristol West$235
The General$239
CSAA$299
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 car insurance for seniors

Age is another important factor to car insurance companies. Auto rates start high for teen drivers, gradually decline around age 26, and follow a downward trend over several decades. Older drivers tend to save on car insurance because they generally practice safe driving habits. 

Rates start climbing again around age 75 because older adults have a higher per-mile crash rate compared to middle-aged drivers. Older adults are also more physically vulnerable to injuries from a crash.[7]

Here are the average car insurance rates for senior drivers in Lafayette.

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 car insurance for teens

Auto coverage is often much more expensive for young drivers, who tend to have less experience behind the wheel and are more likely to engage in risky driving behavior. Insurance companies make up for this risk by charging higher rates for drivers ages 16 to 25.[8]

While teen drivers tend to pay more, you may be able to lower your rate to get cheaper auto insurance. Compare quotes, get a safe car, and take advantage of discounts specifically geared toward young drivers. Staying on your parents’ policy can also help you save.

Here’s what teens might pay for car insurance in Lafayette across several auto insurance companies:

Insurance CompanyAverage Monthly Quote
Auto-Owners$40
State Farm$42
USAA$45
GEICO$47
American Family$63
Farmers$88
Safeco$97
Allstate$100
Clearcover$101
SafeAuto$103
Progressive$109
State Auto$115
Midvale Home & Auto$123
National General$127
Dairyland$133
Liberty Mutual$134
Elephant$135
Direct Auto$169
AssuranceAmerica$169
Bristol West$174
The General$176
CSAA$221
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.

How to get the cheapest car insurance in Lafayette

Car insurance premiums aren’t based on one factor alone. Your driving history, ZIP code, age, gender, and the type of car you drive can all affect what you pay.[5]

But you can save on car insurance in Lafayette in a few ways:

  • Get quotes from multiple companies using the same coverage types and limits.

  • Look for discounts that automatically lower your premiums.

  • Consider raising your deductible, as long as you have the money to pay for it if you file a claim.

  • Maintain a clean driving record and strong credit.

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Lafayette car insurance quotes by credit tier

In Indiana, state law permits insurance companies to consider your credit score when setting premiums.[9] Research shows that people with lower credit scores tend to submit more claims. So drivers with poor credit in the U.S. can pay as much as $2,000 more per year compared to drivers with excellent or good credit.

Here’s what the average person pays for car insurance in Lafayette based on credit tier:

Rates by Credit Tier

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.

Is car insurance more expensive in Lafayette?

Auto insurance in Lafayette is comparable to and not much cheaper or more expensive than other Indiana cities like Indianapolis, South Bend, and Fort Wayne. The average car insurance premium in Lafayette is $146 per month, which is 4% cheaper than the state average of $156 a month. Lafayette also has more affordable rates compared to the rest of the U.S. — it’s 42% cheaper than the national average of $253. Car insurance rates can vary by city and ZIP code in Indiana.

More cities in Indiana

Here’s how the auto insurance rates in Lafayette compare to rates in other Indiana cities.

CityAverage Monthly QuoteCompared to Lafayette
Indianapolis$12013%
Fort Wayne$109-1%
South Bend$108-5%
Evansville$1095%
Terre Haute$17217%
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.

Lafayette car insurance FAQs

Lafayette drivers can learn more about how to lower their car insurance premiums to get low rates in their city. Below are the answers to common questions about car insurance in the city.

  • How much is car insurance in Lafayette?

    The average cost of car insurance in Lafayette is $146 a month — $78 a month for liability-only coverage and $180 a month for full coverage. This is 4% cheaper than the state average.

  • Who has the cheapest car insurance in Lafayette?

    The cheapest car insurance companies in Lafayette are Auto-Owners, GEICO, State Farm, and GEICO, all with average liability-only rates of less than $40 a month. They’re also the cheapest full-coverage insurance companies, with rates less than $60 a month, according to Insurify data.

    However, you need to compare quotes with different insurance companies to find the cheapest company that offers the best rates for your needs.

  • What are the best car insurance companies in Lafayette?

    The best car insurance companies in Lafayette are GEICO, State Farm, and USAA. These companies have the highest IQ Scores in the state, high J.D. Power customer satisfaction ratings, and strong A.M. Best financial strength ratings.

  • What is the minimum car insurance you must have in Indiana?

    The minimum liability insurance requirements for private passenger vehicles in Indiana are:[3]

    • $25,000 per person for bodily injury

    • $50,000 per accident for bodily injury

    • $25,000 per person for property damage

    • $50,000 in underinsured motorist bodily injury coverage

  • Is Indiana a no-fault state?

    No. Indiana is an at-fault state, so drivers who are responsible for car accidents pay for the damages and injuries they cause, typically through their liability insurance.[4]

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
Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:
  • 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

  1. J.D. Power. "2022 U.S. Auto Claims Satisfaction Study." Accessed June 17, 2023
  2. J.D. Power. "2023 U.S. Auto Insurance Study." Accessed June 17, 2023
  3. Indiana Bureau of Motor Vehicles. "Proof of Financial Responsibility." Accessed June 22, 2023
  4. Nolo. "Indiana Auto Insurance Requirements." Accessed June 22, 2023
  5. III. "What determines the price of an auto insurance policy?." Accessed June 22, 2023
  6. III. "Do auto insurance premiums go up after a claim?." Accessed June 22, 2023
  7. Centers for Disease Control and Prevention. "Older Adult Drivers." Accessed June 22, 2023
  8. Centers for Disease Control and Prevention. "Teen Drivers and Passengers: Get the Facts." Accessed June 22, 2023
  9. Indiana Department of Insurance. "Use of Credit Information in Underwriting and Rating Insurance Policies." Accessed June 22, 2023
Kim Porter
Kim Porter

Kim Porter is a writer and editor who's been creating personal finance content since 2010. Before transitioning to full-time freelance writing in 2018, Kim was the chief copy editor at Bankrate, a managing editor at Macmillan, and co-author of the personal finance book "Future Millionaires' Guidebook." Her work has appeared in AARP's print magazine and on sites such as U.S. News & World Report, Fortune, NextAdvisor, Credit Karma, and more. Kim loves to bake and exercise in her free time, and she plans to run a half marathon on each continent.

Courtney Mikulski
Edited byCourtney MikulskiSenior Editor, Auto
Courtney Mikulski
Courtney MikulskiSenior Editor, Auto
  • 3+ years producing insurance and personal finance content

  • Main architect of the Insurify Quality Score

Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content.

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