On average your neighbors pay $55 a month.See Your Rates
Indianapolis is known as “The Crossroads of America.” That's because it sits at the intersection of five major interstate highways: I-65, I-69, I-70, I-74, and I-865. With all those interstates, and the driving they entail, cheap car insurance is important for all Indianapolis residents.
How much is car insurance in Indianapolis? People may drive safe here, but car insurance rates in Indianapolis are higher than the state and national averages. On average, auto insurance in Indiana costs $666.24 per year. The national average price is $889.01.
Prices may vary depending on your zip code thanks to traffic congestion, weather conditions and crime rates.
|Total Cost Per Year||$666.24|
|Price Per Month||$55.52|
|Source: Facts + Statistics: Auto insurance|
The graph below shows the change in average Indiana insurance rates from 2011 to 2015. According to the III, Indiana car insurance rates increased from $621 in 2011 to $666 in 2015, a jump of $44 dollars, or 7.22 percent.
QuoteWizard helps Indianapolis residents compare quotes from both national insurance companies and local agents. Comparing quotes can help you find cheap car insurance rates near Indianapolis, Indiana and save up to 40% on your premium.
Last year, 17,210 people used QuoteWizard to compare auto insurance quotes in Indianapolis, IN from multiple companies to find the lowest rates.
These are the most common car insurance companies reported by QuoteWizard users in Indianapolis, Indiana last year.
Other popular Indianapolis, Indiana car insurance companies: Erie, MetLife, Indiana Farm Bureau, Safeco, USAA, 21st Century, Travelers, and Country Financial.
These are the most common car makes and models owned by Indianapolis, IN drivers requesting quotes through QuoteWizard last year.
Indianapolis, Indiana has a minimum coverage requirement known as the 25/50/10 rule. This means each policy must include at least the following three components:
Allstate Insurance publishes an annual report ranking of the best and worst cities in America for drivers. Motorists in Indianapolis get into so few crashes the city ranks 60th out of 200 cities.
Factors that can affect insurance rates are the weather and road conditions.
Like most Midwest cities, Indianapolis, IN enjoys four distinct seasons each year. Summers are hot, and winter is cold. Spring and fall are mostly pleasant despite wild temperature swings that can accompany the change in seasons. The rainiest period occurs between May and July. But it rains throughout the year, with 129 days of rain in an average year. That’s a lot of driving in the rain. The biggest weather challenge for drivers will be snow and ice. On average, there are 23 snowy days each year.
In addition to the weather, the condition of Indianapolis roads is problematic for area drivers. The winter of 2013-2014 was especially severe making it hard for city crews to respond to pothole repair requests. But potholes, ruts and cracks can be found un-repaired on city roads even when the sun is shining. Last year 1,227 claims were filed against the city for damages to vehicles from potholes. Only 5% of those claims were approved, forcing the rest of the drivers to go through their insurance company.
TRIP reports that 22 percent of Indianapolis streets are in poor condition. Another 22 percent are mediocre. These pothole-riddled streets are in part responsible for the $575 a year drivers pay for extra vehicle operating costs.
TomTom ranked Indianapolis 187th for worst traffic congestion in the world. TomTom reports that the average commuter spends an extra 15 minutes per day stuck in traffic during rush hour commutes. And 58 hours a year for peak hour commutes of 30 minutes.
Moving violations such as failure to stop, drunk driving, speeding tickets, and accidents can add points to your driver's license. You could end up with a bad driving record and need to purchase expensive high-risk auto insurance.
The Marion County Superior Court website allows you to pay traffic citations and tells drivers how to contest tickets.
An OWI conviction may require you to obtain an SR-22 form. Request a quote and we'll connect you with local agents from top companies that specialize in Indianapolis OWI insurance.
Indianapolis reported 77 deaths in motor vehicle crashes in 2013. This works out to a fatality rate of 2.37 per 100,000 residents. All traffic deaths are a tragedy. But with Indianapolis’s estimated population of 843,393, this is a safe US city in terms of traffic fatalities.
Indianapolis reported 5,312 vehicle thefts in 2014, a rate of 6.26 per 1,000 residents. This is triple the national average of 2.16 per 1,000 residents.
Are you looking for more affordable car insurance? Discounts are one of the best ways to lower your rates. These are some of the many auto insurance discounts available to drivers in Indianapolis, IN.
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