Best Auto Insurance Rates in Indianapolis, Indiana

On average your neighbors pay $54 a month.

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Compare Auto Insurance Quotes in Indianapolis, IN

Indianapolis is known as “The Crossroads of America” 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.

Average Indianapolis Car Insurance Rates

How much is car insurance in Indianapolis? Even though drivers here are good behind the wheel, average car insurance rates in Indianapolis are higher than both the state and national averages. On average, auto insurance in Indiana costs $642.19 per year. The national average annual cost is $866.31.

Prices may vary depending on your zip code thanks to traffic congestion, weather conditions and crime rates.

Indiana Average Annual Car Insurance Rates
Coverage Rates
Liability $371.69
Collision $240.00
Comprehensive $117.25
Total Cost Per Year $642.19
Price Per Month $53.51

QuoteWizard helps Indianapolis residents compare quotes from both national insurance companies and local independent 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, and find the cheapest rates.

Top 10 Vehicles in Indianapolis

This is our list of the most common car makes and models owned by Indianapolis drivers requesting quotes through QuoteWizard last year.

  1. Ford F150
  2. Chevrolet Impala LS/LT
  3. Ford Taurus
  4. Chevrolet Malibu
  5. Chevrolet Cavalier
  6. Chevrolet Blazer
  7. Buick LaSabre Custom
  8. Honda Accord EX/LX
  9. Cadillac DeVille
  10. Ford Focus SE
Get a quote for your vehicle. Request Quote Get a Quote For Your Vehicle

Best Car Insurance Companies in Indianapolis

This is our list of the most common car insurance companies reported by QuoteWizard users living in Indianapolis last year.

Other popular Indianapolis, Indiana car insurance companies: Erie, MetLife, Indiana Farm Bureau, Safeco, USAA, 21st Century, Travelers, and Country Financial.

Indianapolis Drivers

According to a report published by Allstate Insurance quantifying driving risk, entitled “America’s Best Drivers”, when it comes to safe driving, drivers here are better than those in most major US cities. Indianapolis ranked 60th out of 200 cities in the report.

Indianapolis drivers saved up to $383 on their car insurance policies by comparing rates through our simple form.
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Driving Conditions

Factors that can affect insurance rates are the weather and road conditions.

Weather

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 measurable precipitation 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.

Road Conditions

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 next to impossible 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.

According to a recent study by TRIP, 17% of major Indianapolis streets are in poor condition, and 21% are mediocre. These pothole-riddled streets are in part responsible for the $377 a year drivers pay for extra vehicle operating costs.

Traffic Congestion

On a positive note, according to TomTom's annual traffic index report, Indianapolis ranked 68th for worst traffic congestion in the US. TomTom reports that the average commuter spends an additional 15 minutes per hour stuck in traffic during rush hour commutes and 59 hours a year for peak hour commutes of 30 minutes.

Moving Violations

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.

Traffic Tickets

The Marion County Superior Court website allows you to pay traffic citations and tells drivers how to contest tickets.

SR-22 OWI Insurance

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.

Traffic Fatalities

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 still a safe US city in terms of traffic fatalities.

Vehicle Theft

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.

Legal Minimum Insurance Requirements

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:

  • Individual Bodily Injury Liability (BIL): $25,000.
    The maximum your insurance company will pay for an individual person injured in a car accident.
  • Total Bodily Injury Liability: $50,000.
    The most your insurance carrier will pay in total for every person injured in a car accident.
  • Property Damage Liability (PDL): $10,000.
    The total your insurer will pay for property damage caused by a car accident.

Save With Car Insurance Discounts

Discounts are one of the best ways to lower your insurance rates. These are some of the many discounts available to drivers in Indianapolis, IN depending on your insurer. Find out which auto insurance discounts you qualify for with your current or multiple insurance companies for by getting a fast, free quote.

  1. Active duty and retired members of the Military, National Guard, or Reserves are entitled to discounts for their service
  2. Maintain at least a B grade point average in school to qualify for the good student discount
  3. Keep your driving record clean. Too many tickets and especially at-fault accidents will increase your rates significantly
  4. Live in a safe neighborhood with low crime and good drivers. People that live in neighborhoods with high crime and urban driving conditions file more claims. For you, that can mean higher rates no matter how clean your driving record is
  5. Drivers 55 and older can get the senior discount or the 55 and retired discount
  6. Get married. Some insurers offer a discount to married drivers
  7. Bundle your auto insurance with your homeowners, renters, or life policy. Bundling your policies under one insurance company can save you as much as 15% on your premium
  8. Enroll in a defensive driving course at an accredited driving school
  9. Get a new car to qualify for the new car discount. If the car has safety features like anti-lock brakes or electronic stability control, you might be entitled to additional discounts
  10. Shop around and compare low-cost Indianapolis car insurance quotes and see all the discounts you qualify for

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