Key Takeaways
- State Farm and Auto-Owners are Indiana’s cheapest car insurance companies.
- The average cost of full-coverage car insurance in Indiana is 33% less than the national average.
- A speeding ticket raises the average price of car insurance in Indiana by 23%. An OWI raises insurance rates by 64%.
In this article
Cheapest car insurance companies in Indiana
- Cheapest overall: State Farm
- Cheapest liability-only car insurance: Auto-Owners
- Cheapest rates for military families: USAA
State Farm has the lowest full-coverage rates for most driver profiles in Indiana, including adults with a clean record, those with prior incidents, seniors and teens.
In addition to offering the cheapest rates on minimum-coverage car insurance for adult drivers, Auto-Owners is right behind State Farm in affordability for most Indiana driver profiles.
USAA’s rates are lower than those available from the other insurance companies in our analysis. However, USAA is only available to current and former members of the military and their families.
Since each company’s rates vary by customer, it’s best to compare quotes from multiple companies when you shop for auto insurance.
Indiana car insurance state minimums
Drivers need to meet Indiana’s 25/50/25 minimum liability insurance requirements to drive legally in the state.
Insurance companies are also required to offer uninsured and underinsured motorist coverage, but you can reject these latter coverages.
| Coverage type | Minimum limits | Who/what it covers |
|---|---|---|
| Bodily injury liability | $25,000 per person/$50,000 per accident | Medical treatment for people you injure in a car accident |
| Property damage liability | $25,000 | Damage you cause to other people’s vehicles or property |
| Uninsured motorist bodily injury | $25,000 per person/$50,000 per accident, can be rejected | Injuries an uninsured motorist causes to you and your passengers |
| Uninsured motorist property damage | $25,000, can be rejected | Damage an uninsured motorist or hit-and-run driver causes to your vehicle |
| Underinsured motorist bodily injury | $50,000, can be rejected | The portion of medical costs that exceed an at-fault driver’s limits for you and your passengers |
If the medical or car repair costs arising from an accident you cause exceeds your policy’s liability limits, you may be held personally responsible for the shortfall. This is the main reason to consider liability limits that exceed the state’s minimum requirements.
The following additional car insurance coverages are widely available in Indiana:
- Collision: Covers damage to your car, generally from an accident you cause. Can also be applied to a hit-and-run if you don’t have uninsured motorist property damage.
- Comprehensive: Damage to your car from any cause other than a collision, including fire, flood, falling objects, vandalism and glass breakage, as well as theft of the vehicle.
- Medical payments (MedPay): Injuries you and your passengers suffer in a car accident, regardless of fault.
- Personal injury protection (PIP): Injuries you and your passengers suffer in a car accident, regardless of fault, as well as compensation for lost wages and essential services.
Although collision and comprehensive coverage are not required by law, they usually are required for a car loan or leased vehicle.
Cheapest minimum-coverage auto insurance rates in Indiana: Auto-Owners
Auto-Owners has the cheapest minimum-coverage auto insurance in Indiana, charging rates that average $353 a year, or $29 a month.
Auto-Owners’ rates for minimum-coverage car insurance are 43% less than the state average of $51 a month.
| Company | Monthly rate |
|---|---|
| Auto-Owners | $29 |
| State Farm | $35 |
| American Family | $47 |
| State average | $51 |
| Progressive | $54 |
| GEICO | $74 |
| Allstate | $93 |
| USAA* | $25 |
| Rates are for minimum-coverage car insurance for a 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Get cheap car insurance in Indiana
Cheapest full-coverage auto insurance rates in Indiana: State Farm
State Farm has the cheapest full-coverage car insurance in Indiana, charging rates that average $72 a month.
The average cost of full-coverage car insurance in Indiana is $108 a month, which is 33% less than the national average of $162 a month.
Full-coverage car insurance has higher liability limits than a minimum-coverage policy and also includes collision and comprehensive coverages, which protect your vehicle.
| Company | Monthly rate |
|---|---|
| State Farm | $72 |
| Auto-Owners | $80 |
| American Family | $93 |
| State average | $108 |
| Progressive | $111 |
| Allstate | $168 |
| GEICO | $173 |
| USAA* | $56 |
| Rates are for full-coverage car insurance for a 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for drivers with bad credit: American Family
American Family has the cheapest car insurance for Indiana drivers with bad credit, charging rates that average $167 a month for full coverage.
Insurance companies view your credit history as an indicator of how risky you may be to insure. On average, Indiana drivers with bad credit pay 77% more for car insurance than those with good credit.
Although insurance companies check your credit when you request a quote, they conduct “soft pulls,” which do not affect your credit score. If you have had a late payment or another credit issue in the recent past, you may qualify for better insurance rates when the incident falls off your record.
| Company | Monthly rate |
|---|---|
| American Family | $167 |
| State Farm | $178 |
| Progressive | $179 |
| State average | $191 |
| Auto-Owners | $222 |
| Allstate | $229 |
| GEICO | $260 |
| USAA* | $100 |
| Rates are for full-coverage car insurance for a 35-year-old male with poor credit and a good driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for drivers with a prior incident
Drivers with prior incidents such as a ticket or accident on their record pay more for car insurance. Insurance companies see those with prior incidents as more likely to be involved in a future accident and more expensive to insure.
The good news is that prior incidents tend to stop affecting your insurance rates after three to five years.
Cheapest for drivers with a speeding ticket: State Farm
State Farm has the cheapest car insurance for Indiana drivers with a speeding ticket, charging an average of $78 a month for full coverage. This amount is only slightly less than Auto-Owners’ rate of $80 a month.
A speeding ticket increases the average price of auto insurance for Indiana drivers by 23%, to $133 a month.
| Company | Monthly rate |
|---|---|
| State Farm | $78 |
| Auto-Owners | $80 |
| American Family | $105 |
| State average | $133 |
| Progressive | $174 |
| GEICO | $209 |
| Allstate | $215 |
| USAA* | $70 |
| Rates are for full-coverage car insurance for a 35-year-old male with one speeding ticket on his driving record. *Only available to current/former military and their families. | |
Cheapest for drivers with an at-fault accident: State Farm
A prior at-fault accident raises the average price of car insurance in Indiana by 61%, to $174 a month for full coverage.
State Farm has the cheapest car insurance for drivers with an at-fault accident, $96 a month, followed by Auto-Owners, $103 a month.
| Company | Monthly rate |
|---|---|
| State Farm | $96 |
| Auto-Owners | $103 |
| American Family | $159 |
| State average | $174 |
| Progressive | $221 |
| GEICO | $274 |
| Allstate | $280 |
| USAA* | $82 |
| Rates are for full-coverage car insurance for a 35-year-old male with one at-fault accident on his driving record. *Only available to current/former military and their families. | |
Cheapest for drivers with an OWI: State Farm
A conviction for operating a motor vehicle while intoxicated (OWI) raises the average price of car insurance in Indiana by 64%, to $177 a month.
In Indiana, you can be convicted of OWI if you are caught driving with a blood alcohol level of 0.08% or greater or with any detectable amount of marijuana, opiates or other controlled substances in your system.
State Farm has the cheapest car insurance for Indiana drivers with a prior OWI, charging $91 a month for full coverage.
| Company | Monthly rate |
|---|---|
| State Farm | $91 |
| Progressive | $147 |
| American Family | $173 |
| State average | $177 |
| Auto-Owners | $201 |
| Allstate | $218 |
| GEICO | $327 |
| USAA* | $85 |
| Rates are for full-coverage car insurance for a 35-year-old male with one OWI on his driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for senior drivers: State Farm
State Farm has the cheapest car insurance for senior citizen drivers in Indiana, charging rates that average $67 a month for full coverage. The next-best rates are available from Auto-Owners, $79 a month, and American Family, $84 a month.
| Company | Monthly rate |
|---|---|
| State Farm | $67 |
| Auto-Owners | $79 |
| American Family | $84 |
| State average | $95 |
| Progressive | $104 |
| GEICO | $121 |
| Allstate | $154 |
| USAA* | $53 |
| Rates are for full-coverage car insurance for a 65-year-old male with a clean driving record. *Only available to current/former military and their families. | |
See how much you could save on car insurance
Cheapest car insurance for young drivers: State Farm
State Farm has the cheapest car insurance for young drivers in Indiana, but not by much. State Farm’s rates for 18-year-olds average $112 a month for minimum coverage, compared to Auto-Owners’ rate of $114 a month.
On average, 18-year-olds pay $148 a month for minimum-coverage car insurance, which is nearly triple the rate charged to drivers in their mid-30s. However, teen drivers pay 48% less when added to a parent’s car insurance than they do for their own policies.
| Company | Minimum coverage (monthly) | Full coverage (monthly) |
|---|---|---|
| State Farm | $112 | $231 |
| Auto-Owners | $114 | $254 |
| Progressive | $144 | $370 |
| State average | $148 | $312 |
| GEICO | $168 | $399 |
| American Family | $171 | $333 |
| Allstate | $275 | $480 |
| USAA* | $50 | $113 |
| Rates are for an 18-year-old male with a clean driving record. *Only available to current/former military and their families. | ||
Cheapest car insurance for married drivers: State Farm
The average cost of car insurance for married drivers in Indiana is only $1 less per month than it is for unmarried drivers.
State Farm and Auto-Owners have the cheapest rates for the state’s married drivers, charging rates that average $72 a month and $80 a month per spouse, respectively, for full coverage. Interestingly, these rates are identical to the rates both companies charge unmarried drivers.
With Progressive, married drivers pay an average of 13% less for car insurance than unmarried drivers.
| Company | Monthly rate |
|---|---|
| State Farm | $72 |
| Auto-Owners | $80 |
| American Family | $93 |
| Progressive | $97 |
| State average | $107 |
| Allstate | $166 |
| GEICO | $192 |
| USAA* | $51 |
| Rates are for full-coverage car insurance for a married 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Car insurance laws in Indiana
Indiana requires drivers to have proof of insurance at all times. You typically have to file an SR-22 form to reinstate your driver’s license after a suspension, and the state uses at-fault laws to determine financial responsibility for car accidents.
Proof-of-insurance requirements
In addition to providing proof of insurance when requested by law enforcement, Indiana drivers have to to provide proof of insurance to the state after any of the following incidents:
- An auto accident that is reported to the Indiana Bureau of Motor Vehicles (BMV)
- Three moving violations within a one-year period
- A misdemeanor or felony traffic violation
- Any moving violation committed after a prior conviction for driving without insurance
After any of these incidents, the BMV will send you a letter asking you to verify your insurance status. To satisfy the requirement, you have to contact your insurance company and ask them to send a Certificate of Compliance (COC) to the BMV.
The penalties for driving without insurance or not providing your COC include a driver’s license suspension, reinstatement fees and an SR-22 filing requirement.
SR-22 insurance in Indiana
Indiana requires those seeking to reinstate their driver’s license after certain violations to file an SR-22 form with the BMV.
The most common violations that result in an SR-22 requirement include the following:
- Driving without insurance
- Reckless driving
- OWI
- Vehicular manslaughter
- Drag racing
It’s best to let insurance companies know about your SR-22 filing requirement when you shop for car insurance. Some companies don’t cover drivers with an SR-22 requirement. Those that do sometimes charge a small fee, usually in the $20 to $50 range, to file the form with the BMV on your behalf.
The exact amount you pay for SR-22 insurance depends on the offense that led to the filing requirement.
For example, if your SR-22 requirement stems from an insurance violation, you’re likely to pay less for car insurance than you will if the filing requirement is the result of an OWI.
Indiana’s at-fault car accident laws
If you cause an accident in Indiana, you are generally responsible for injuries and/or property damage you cause to others. However, the amounts you owe may be reduced if the other person is partially responsible for the accident.
For example, if you are solely responsible for an accident that causes $1,000 worth of damage to someone else’s car, you are responsible for the entire repair bill. However, if an investigation determines that the other driver has a 25% share of responsibility for the accident, you may only have to cover $750 of their repairs.
Indiana car insurance: FAQs
When it comes to car accidents and auto insurance, Indiana is an at-fault state. Drivers are financially responsible for injuries or damage they cause to others in a car accident. However, the amount an at-fault driver owes can be reduced if the other driver is partially responsible.
The average cost of car insurance in Indiana is $51 a month for a minimum-liability policy and $108 a month for full coverage.
The amount you pay for SR-22 insurance in Indiana depends largely on the offense that led to the filing requirement. SR-22 is just like normal auto insurance, except your insurance company also files a certificate of insurance for you with the BMV.
The average cost of car insurance for Indiana drivers with an OWI is $177 a month, but you may qualify for lower rates if your license suspension stems from a lesser offense. Most companies also add a small SR-22 filing fee, usually about $20 to $50, to your bill.
Methodology
The rates shown in this article are based on an analysis of more than 200,000 auto insurance quotes obtained from Quadrant Information Services for sample drivers across Indiana.
Unless otherwise noted, our sample driver is a single 35-year-old male with good credit. All sample drivers own a 2012 Honda Accord LX that they drive for an average of 13,500 miles per year.
Our senior base driver is a 65-year-old male with a good driving record. Our young base driver is an 18-year-old male with a good driving record.
Minimum-coverage rates reflect the cost of policies meeting the state’s minimum liability requirements.
Full-coverage policies include uninsured include the following coverages, limits and deductibles:
- Bodily injury liability: $100,000 per person; $300,000 per accident
- Property damage liability: $100,000
- Collision: $500 deductible
- Comprehensive: $500 deductible
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