Cheap Car Insurance in Indiana

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Information about Cheap Car Insurance in Indiana

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Because auto insurance rates fluctuate from one company to the next, shopping around is crucial if you want cheap car insurance in Indiana. Prices also depend on personal circumstances such as your age, accident history and credit score.

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To pinpoint the best deals in Indiana, NerdWallet collected rates from 31 insurers in the state and found the five cheapest options for several driver types.

Cheapest car insurance in Indiana for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it’s best to shop around to find them.

Cheapest full coverage car insurance in Indiana for 20-year-olds

Drivers in Indiana with clean driving records may want to consider the following companies, which had the lowest average rates:

  1. Indiana Farmers: $1,557 per year.

  2. Hastings Mutual: $1,882 per year.

Cheapest minimum coverage car insurance in Indiana for 20-year-olds

Drivers in Indiana who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

  1. Indiana Farmers: $615 per year.

  2. Westfield: $685 per year.

Cheapest auto insurance in Indiana for 20-year-olds with poor credit

Drivers with poor credit in Indiana should look at the following insurers with the lowest average rates for minimum coverage:

  1. Encompass: $982 per year.

  2. Allstate: $1,039 per year.

Cheapest auto insurance in Indiana for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Indiana, here are the companies with the lowest average rates for minimum coverage:

  1. Indiana Farmers: $738 per year.

  2. Westfield: $904 per year.

Cheapest auto insurance in Indiana for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers’ average rates for minimum coverage.

  1. Indiana Farmers: $738 per year.

  2. Progressive: $950 per year.

Cheapest car insurance in Indiana for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Indiana for 30-year-olds

Drivers in Indiana with clean driving records may get the lowest rates from these companies:

  1. Hastings Mutual: $794 per year.

  2. Encompass: $948 per year.

  3. State Farm: $951 per year.

Cheapest minimum coverage car insurance in Indiana for 30-year-olds

Drivers in Indiana who want their state’s minimum coverage can check with the following companies, which had the lowest average rates:

  1. Westfield: $266 per year.

  2. Auto-Owners: $266 per year.

Cheapest auto insurance in Indiana for 30-year-olds with poor credit

Drivers with poor credit in Indiana should consider the following companies with the lowest average rates for full coverage:

  1. Hastings Mutual: $1,207 per year.

  2. Encompass: $1,264 per year.

Cheapest auto insurance in Indiana for 30-year-old drivers with one at-fault crash

For drivers in Indiana with a recent accident, here are the lowest average rate options for full coverage:

  1. Indiana Farmers: $1,162 per year.

  2. Hastings Mutual: $1,249 per year.

  3. American Family: $1,263 per year.

Cheapest auto insurance in Indiana for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for full coverage.

  1. Indiana Farmers: $1,162 per year.

  2. Progressive: $1,477 per year.

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Cheapest car insurance in Indiana for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Indiana for 40-year-olds

Drivers in Indiana with clean driving records may want to think about the following companies, which had the lowest average rates:

  1. Hastings Mutual: $697 per year.

  2. Indiana Farmers: $840 per year.

  3. State Farm: $930 per year.

Cheapest minimum coverage car insurance in Indiana for 40-year-olds

Drivers in Indiana who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

  1. Westfield: $246 per year.

  2. Auto-Owners: $290 per year.

Cheapest auto insurance in Indiana for 40-year-olds with poor credit

Drivers with poor credit in Indiana can check out the following insurers with the lowest average rates for full coverage:

  1. Hastings Mutual: $1,057 per year.

  2. Encompass: $1,264 per year.

Cheapest auto insurance in Indiana for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Indiana, here are the companies with the lowest average rates for full coverage:

  1. Indiana Farmers: $1,000 per year.

  2. Hastings Mutual: $1,135 per year.

  3. American Family: $1,147 per year.

Cheapest auto insurance in Indiana for 40-year-old drivers after a DUI

The cheapest full coverage auto insurance we found for drivers with a DUI came from the following companies.

  1. Indiana Farmers: $1,000 per year.

  2. Progressive: $1,335 per year.

Cheapest car insurance in Indiana for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of the best cheap car insurance companies is a good place to start.

Cheapest full coverage car insurance in Indiana for 50-year-olds

Drivers in Indiana with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

  1. Hastings Mutual: $587 per year.

  2. Indiana Farmers: $775 per year.

  3. Encompass: $849 per year.

Cheapest minimum coverage car insurance in Indiana for 50-year-olds

Drivers in Indiana who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

  1. Westfield: $257 per year.

  2. Hastings Mutual: $271 per year.

Cheapest auto insurance in Indiana for 50-year-olds with poor credit

Drivers with poor credit in Indiana can check with the following companies, which showed the lowest average rates for full coverage:

  1. Hastings Mutual: $884 per year.

  2. Encompass: $1,129 per year.

Cheapest auto insurance in Indiana for 50-year-old drivers with one at-fault crash

For drivers living in Indiana with a recent accident, here are the insurers with the lowest average full coverage rates:

  1. Indiana Farmers: $922 per year.

  2. Hastings Mutual: $1,006 per year.

  3. American Family: $1,077 per year.

Cheapest auto insurance in Indiana for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for full coverage.

  1. Indiana Farmers: $922 per year.

  2. Progressive: $1,218 per year.

Cheapest car insurance in Indiana for 65-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap auto insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Indiana for 65-year-olds

Drivers in Indiana with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  1. Hastings Mutual: $664 per year.

  2. Indiana Farmers: $794 per year.

  3. Encompass: $819 per year.

Cheapest minimum coverage car insurance in Indiana for 65-year-olds

Drivers in Indiana who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

  1. Westfield: $266 per year.

  2. State Farm: $297 per year.

Cheapest auto insurance in Indiana for 65-year-olds with poor credit

Drivers with poor credit in Indiana can look at the following companies with the lowest average rates for full coverage:

  1. Hastings Mutual: $1,005 per year.

  2. Encompass: $1,088 per year.

  3. Nationwide: $1,282 per year.

Cheapest auto insurance in Indiana for 65-year-old drivers with one at-fault crash

For drivers with a recent accident living in Indiana, here are the companies with the lowest average rates for full coverage:

  1. Indiana Farmers: $944 per year.

  2. Hastings Mutual: $1,097 per year.

  3. American Family: $1,115 per year.

Cheapest auto insurance in Indiana for 65-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for full coverage.

  1. Indiana Farmers: $944 per year.

  2. Progressive: $1,298 per year.

Cheapest car insurance for military families in Indiana

If you’re an active member of the military or a veteran — or have an immediate family member who is — chances are you’ll get a relatively cheap rate with USAA, a company that isn’t available to the general public.

Because of that restriction, USAA isn’t ranked with the others, but it was among the cheapest five auto insurance options for 28 of the 40 driver profiles we examined.

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Minimum required auto insurance in Indiana

Indiana requires drivers to carry liability insurance to drive legally. This coverage pays for others’ injury and property damage costs if you cause a crash.

The minimum liability limits you must select are:

  • $25,000 bodily injury liability per person.

  • $50,000 bodily injury liability per accident.

  • $25,000 property damage liability per accident.

While these limits will satisfy legal requirements, they may not always be enough to pay off a legal settlement against you. A single crash could easily result in more than $25,000 in damage to another driver’s vehicle, for example. Any repairs that exceed that amount would be your responsibility.

Check out our guide to car insurance requirements by state for more details on choosing your liability limits, plus optional coverages you might want such as collision, comprehensive and uninsured motorist insurance.

Alternative Indiana car insurance

If you’re denied car insurance on the voluntary market due to credit problems, a checkered driving record or other circumstances, you can seek coverage through the Indiana Automobile Insurance Plan.

Methodology

For our “good driver” profile, NerdWallet averaged insurance estimates from an average of 14 insurers in each state and Washington, D.C., for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

  • We used a 2018 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

  • We analyzed rates for drivers 20 to 80 years old in five-year increments.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

These are rates generated through Quadrant Information Services. Your own rates will be different.

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