Skip to Main Content

Best car insurance in Indiana for 2024

Updated Jun 01, 2024
Geico, USAA, State Farm, Auto-Owners and Progressive offer some of the best auto policies in Indiana.
Location-Icon
Explore offers from trusted carriers
+ MORE

Powered by Coverage.com (NPN: 19966249)

Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Best car insurance companies in Indiana

Drivers pay an average of $1,686 per year for full coverage and $401 per year for minimum coverage auto insurance in IN. Of the insurers in the state, Geico, USAA, State Farm, Auto-Owners and Progressive offer some of the best auto insurance in Indiana.

To determine our picks for the best car insurance companies in Indiana, we reviewed a range of key metrics. These included third-party customer satisfaction ratings from J.D. Power’s 2023 U.S. Auto Insurance Study, financial strength ratings from AM Best, coverage options and available discounts for the largest car insurance companies by market share in the Hoosier State.

We also reviewed average quoted premiums obtained from Quadrant Information Services. These factors were then converted into a Bankrate Score on a 5.0 scale. The higher the Bankrate Score, the better the company fared. Based on our research, the five best insurance companies in Indiana are as follows.

Insurance Company
Bankrate Score
Info
Average full coverage rate* Average min coverage rate*
4.4
Rating: 4.4 stars out of 5
$1,285
$356
4.4
Rating: 4.4 stars out of 5
$1,435
$293
4.3
Rating: 4.3 stars out of 5
$2,685
$691
4.3
Rating: 4.3 stars out of 5
$1,186
$254
4.2
Rating: 4.2 stars out of 5
$1,295
$303
*Displayed rates are average annual premiums

Progressive

Best for digital policy management

Progressive

4.4

Rating: 4.4 stars out of 5
Read Progressive review Get a custom quote

Answer a few questions to see personalized rates from top carriers.

Avg. full coverage premium

$107/mo

Avg. full coverage premium

$1,285/yr

Customer satisfaction

816/1,000

Geico

Best for multiple discount opportunities

Geico

4.4

Rating: 4.4 stars out of 5
Read Geico review Get a custom quote

Answer a few questions to see personalized rates from top carriers.

Avg. full coverage premium

$120/mo

Avg. full coverage premium

$1,435/yr

Customer satisfaction

831/1,000

State Farm

Best for local agencies

State Farm

4.3

Rating: 4.3 stars out of 5
Read State Farm review Get a custom quote

Answer a few questions to see personalized rates from top carriers.

Avg. full coverage premium

$224/mo

Avg. full coverage premium

$2,685/yr

Customer satisfaction

837/1,000

Auto-Owners

Best for personalized coverage

Auto-Owners

4.3

Rating: 4.3 stars out of 5
Read Auto-Owners review Get a custom quote

Answer a few questions to see personalized rates from top carriers.

Avg. full coverage premium

$99/mo

Avg. full coverage premium

$1,186/yr

Customer satisfaction

833/1,000

USAA

Best for military-focused coverage

USAA

4.2

Rating: 4.2 stars out of 5
Read USAA review Get a custom quote

Answer a few questions to see personalized rates from top carriers.

Avg. full coverage premium

$108/mo

Avg. full coverage premium

$1,295/yr

Customer satisfaction

Not rated

Lightbulb

How Bankrate chose the best car insurance companies in Indiana

Indiana drivers can choose from dozens of companies for their car insurance needs, but Bankrate knows that the best insurance company in Indiana is different for each consumer. Our goal in reviewing the Indiana car insurance market is to help you find the best insurance for you.

We started by reviewing average car insurance rates from Quadrant Information Services for the largest auto insurers in Indiana by market share. Next, we analyzed third-party customer satisfaction reviews from J.D. Power and the National Association of Insurance Commissioners (NAIC) as well as financial strength ratings from AM Best. We finished by doing a thorough review of each company's coverage offerings, discounts, digital tools and other perks.

We combined these metrics into a single Bankrate Score on a scale of 0.0 to 5.0. A higher overall score means that a company ranked more highly in the underlying categories. Using our Bankrate Score metric can help you easily see how companies compare to each other using a single data point, making the shopping process easier and more seamless for you.

Bankrate logo

Why you can trust Bankrate

Read our full methodology

To help Indiana drivers find the best car insurance, Bankrate’s insurance editorial team reviewed some of the largest insurers by market share. We based our picks on a well-rounded analysis of several metrics related to each company.

46

years of industry expertise

122

carriers reviewed

34.5K

ZIP codes examined

1.2M

quotes analyzed

Compare auto insurance rates

Answer a few questions to see personalized rates from top carriers.
Location-Icon
Your information is kept secure

Powered by Coverage.com (NPN: 19966249)

Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

How to find the best car insurance in Indiana

Auto insurance is a necessity if you own a car. Driving without insurance is illegal, and doing so puts you at significant personal and financial risk. Buying a policy can help you avoid financial catastrophe should you cause an accident or get injured behind the wheel. Before buying a policy, consider the type of coverage you need and compare multiple carriers to find the one that offers the right coverage for your needs.

New

What’s new in Indiana?

In 2023, Indiana passed a law that requires delivery service companies like Uber and GrubHub to expand insurance coverage to drivers who are available for work, but are not actively completing a ride or order. Previously, companies did not have to cover drivers during this period, leaving them vulnerable to liability if they were to be involved in an accident while waiting for a fare. The state previously required this coverage for rideshare drivers, but will now expand it to delivery drivers, as well. The law also sets minimum coverage amounts for insurance provided to gig workers at $50,000 per incident of property damage while waiting for a fare and $1,000,000 while making a delivery. The law goes into effect in July 2024.

Related content:

Ready for your quote?

Answer a few questions to see personalized rates from top carriers in Indiana

Powered by Coverage.com (NPN: 19966249)

Advertising disclosure
This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

How much is car insurance in Indiana?

Indiana is one of the more affordable states in the nation for car insurance, perhaps due to its low population density and competitive insurance market. The average cost of car insurance in Indiana is $401 per year for minimum coverage and $1,686 per year for full coverage. These average costs are cheaper than the national average cost of car insurance, which is $640 annually for minimum coverage and $2,311 annually for full coverage.

Average rates in Indiana are also significantly cheaper than those in Michigan, the state’s neighbor to the north, where minimum coverage costs an average of $907 per year and full coverage costs an average of $2,947 per year. To the south, Kentucky drivers also pay more than drivers in Indiana, with average rates of $777 per year for minimum coverage and $2,696 per year for full coverage. Indiana’s low cost of insurance may be linked to its decreasing number of licensed drivers. Between 2011 and 2021, the number of licensed drivers in the Hoosier State dropped from over 6.5 million to just under 4.6 million, and remains at that number as of 2022. Fewer drivers on the road may mean fewer accidents

City Avg. annual full coverage premium Avg. savings vs. state average

Estimate your car insurance cost in Indiana

Curious about how much your car insurance might cost in your state? Use Bankrate's insurance calculator below to estimate your auto insurance expenses in just a few simple steps. Input your relevant details, and let our tool provide you with an insightful approximation of your potential insurance costs, helping you make informed decisions about your coverage.

Calculate your monthly car insurance payment

Get a quick estimate to make sure you're not overpaying.

Caret DownCaret Up
Please select age
Location-Icon
Lock Secure Your information is secure
Caret DownCaret Up
Please select credit score
Why we're asking
Methodology

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze June 2024 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full 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 bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2022 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Clock Wait
46
years of industry expertise
Search
122
carriers reviewed
Location
34.5K
ZIP codes examined
Dollar Coin
1.2M
quotes analyzed
Written by
AJ Dellinger
Contributor, Personal Finance

AJ Dellinger is a contributing writer for Bankrate. AJ writes about auto loans and real estate.

Edited by Senior Editor, Insurance
Reviewed by Director of corporate communications, Insurance Information Institute