Best Car Insurance in Indiana for 2024

With stunning natural sites, delicious food, and exciting sports and cultural events, entertainment isn’t more than a short drive away for many residents of the Hoosier State. Thankfully, car insurance rates are generally more affordable than in other states, making it the perfect excuse to hop in the car for a getaway.

Key takeaways

• The best car insurance in Indiana is USAA, which offers comprehensive coverage for a yearly average of $778.
• Drivers with a clean driving record pay an average of $96 per month in Indiana.
• Indianapolis drivers pay the most in the state, an average of $1,354 a year.

Best car insurance companies in Indiana

The best car insurance in Indiana generally comes from USAA, which has the state’s cheapest full and minimum coverage. Allstate had the most expensive car insurance on our list, costing an average of $1,549 per year for full coverage and $675 a year for minimum coverage.

Provider	J.D. Power customer satisfaction rating	Estimated annual full coverage	Estimated annual minimum liability coverage
USAA	878/1,000	$778/year	$239/year
Erie	844/1,000	$786/year	$301/year
State Farm	837/1,000	$795/year	$311/year
GEICO	831/1,000	$964/year	$386/year
Allstate	822/1,000	$1,549/year	$675/year
Progressive	816/1,000	$995/year	$409/year
Farmers	816/1,000	$1,452/year	$492/year

USAA: Highest customer satisfaction

USAA earned the highest customer satisfaction score in Indiana. It also provided the cheapest coverage in the state, averaging $239 annually for minimum coverage and $778 per year for full coverage. USAA has multiple policy options, including some optional coverages like roadside assistance. However, its policies are not available to the general public.

Get a quote now | USAA review

Erie: Most affordable coverage

Erie Insurance had the most affordable coverage available to everyone in the state. Its full coverage averages $786 annually, and its minimum coverage is only $301 per year. Erie has standard coverages like collision and comprehensive, but it also offers optional coverages not found with some competitors, such as locksmith services, pet coverage, and personal item protection.

Get a quote now | Erie review

State Farm: Best for new drivers

State Farm had Indiana’s third-cheapest car insurance, costing an average of $795 annually for full coverage and $311 for minimum coverage. While you may pay more to use State Farm in Indiana, it may be worth it to families with teenagers since it offers specific policies and discounts totaling as much as 25% for new drivers.

Get a quote now | State Farm review

GEICO: Best for multi-driver discounts

GEICO is a more expensive option for insurance in Indiana, averaging $964 annually for full coverage and $386 for minimum coverage. However, GEICO gives customers up to 25% off their premium for insuring more than one vehicle, and some drivers may qualify for additional savings by bundling multiple policies together.

Get a quote now | GEICO review

Allstate: Best for coverage options

While Allstate was the most expensive carrier on our list, it offers more policy options, including accident forgiveness, rideshare insurance, vanishing deductible, and rental reimbursement. It also has policies specific to new or classic cars.

Get a quote now | Allstate review

Indiana auto insurance requirements

Many states require drivers to carry a minimum level of insurance to drive legally. In Indiana, the minimum limits are:

• $25,000 in bodily injury liability for one person in an accident
• $50,000 in bodily injury liability for two or more people in an accident
• $25,000 in personal property protection

Drivers must also have uninsured motorist protection equal to the liability minimums above.

How to choose a car insurance provider in Indiana

If you’re new to an area or need a new car insurance provider, consider the following while researching:

• Get multiple quotes: Request quotes from at least three companies and ensure the coverages and limits match your current insurance. You can get quotes online or over the phone, or consider using an insurance broker to help you gather quotes from multiple companies.
• Verify a company’s financial health: Use a website like AM Best to confirm an insurance company can financially pay claims. Visit the Indiana Department of Insurance or the National Association of Insurance Commissioners (NAIC) websites to verify a company is licensed to do business in Indiana.
• Research customer complaints: Read online reviews about customer complaints and how a company solves problems on a website like the Better Business Bureau. Ask friends and family members for recommendations and their experiences finding insurance in Indiana.

How much does car insurance cost in Indiana?

The average cost of car insurance in Indiana is $1,160 per year for full coverage insurance and $412 for the state’s minimum coverage. The average annual cost of car insurance in the U.S. is $1,582, so Indiana drivers generally pay less than the rest of the country.

Indianapolis drivers generally pay the most for car insurance, an average of $1,354 per year. Carmel drivers pay the least in the state, with an annual average of $1,165.

Indiana car insurance rates by city

If you live in a densely populated city, you may pay more for car insurance. Since more people generally mean a higher rate of accidents or theft, highly populated areas are more likely to see higher insurance rates.

Indianapolis residents pay the most for car insurance in Indiana, and according to the analytics website NeighborhoodScout, they have a one-in-30 chance of being victims of property crimes like car theft and vandalism. In contrast, residents of Fort Wayne pay an average of $1,201 annually for car insurance, and have a one-in-42 chance of experiencing property crimes.

City	Avg. annual full-coverage premium
Indianapolis	$1,354/year
South Bend	$1,307/year
Bloomington	$1,295/year
Evansville	$1,293/year
Fort Wayne	$1,201/year
Carmel	$1,165/year

Methodology

FAQs about car insurance costs in Indiana