The state of Indiana has 4,589,405 licensed drivers as of 2018, with 49.10% male and 50.90% female drivers. In terms of overall driver safety in 2018, Indiana drivers rank among the best, which is why average car insurance rates in Indiana are lower than the national average.
When shopping car insurance policies, they may seem expensive. It pays to consider the kinds of coverages and amounts you want to include in your policy and the deductible amount per policy coverage type.
Best car insurance companies in Indiana
To find the best car insurance companies in Indiana, we look to the J.D. Power 2020 Insurance Study, which rates car insurers on a regional basis for billing process and policy information, claims, interaction, policy offerings, and price to find the company with the best overall customer satisfaction. We also evaluated policy options, discounts and financial stability. These companies offer the best car insurance in Indiana, depending on your driver profile and the kind of coverage that you need.
|Car insurance company||Average annual premium for full coverage||J.D. Power customer satisfaction score|
|Indiana Farm Bureau||$1,207||891/1000|
Auto-Owners Insurance is a solid option for car insurance, offering highly-rated customer satisfaction. The company offers many coverage options to choose from, including gap insurance, diminished value coverage and new car replacement. However, it’s important to note that Auto-Owners Insurance doesn’t provide quotes online at this time. You will have to find a local agent to get a quote and sign up for insurance.
Erie also ranked well above average when it came to overall customer satisfaction, and it’s not hard to see why. The company offers an impressive array of discounts and coverage options. One of Erie’s best offerings is its Erie Rate Lock, which guarantees that your rate won’t increase just because of a claim on your policy.
However, a downside of Erie is that it falls behind its competitors in terms of digital tools. You can’t file most claims online — you’ll have to contact your Erie agent or the Erie helpline. In fact, a 2019 J.D. Power Digital Experience Survey placed Erie second-to-last on the list for digital service.
GEICO really stands out when it comes to car insurance for many reasons. First, the company is second only to USAA in terms of customer satisfaction according to J.D. Power. GEICO is also well-known in the industry for having some of the lowest rates available. The company offers a wide array of discounts to help customers lower their premiums even more. Unfortunately, the company lacks many of the coverage options other companies offer. GEICO doesn’t offer gap insurance, accident forgiveness or rideshare coverage.
Indiana Farm Bureau
If supporting local businesses is important to you, then Indiana Farm Bureau Insurance might be right for you. Despite being smaller than its counterparts on this list, the company ranks near the top in terms of customer satisfaction for the North Central region. Indiana Farm Bureau is particularly popular with drivers in Indiana — it accounts for an impressive 7.3% of the car insurance market share in Indiana, according to the Insurance Information Institute.
USAA is one of the top-rated insurance companies nationwide, with excellent customer satisfaction, pricing, coverage options and discounts. USAA insurance is only available to military members and veterans, meaning some drivers won’t qualify for coverage. But for those that do, USAA is a renowned provider in both quality and rates.
Average car insurance cost in Indiana
Indiana is one of the more affordable states in the nation for car insurance, partially due to its low population density and competitive insurance market. Indiana drivers can expect to pay an average cost of just $354 a year for minimum liability insurance, and $1,281 a year for the average full coverage policy. It is cheaper than the national average cost of car insurance, which is $1,738 for a full coverage policy.
|Average annual premium for minimum coverage in Indiana||Average annual premium for full coverage in Indiana|
How to get the best car insurance
Everyone’s needs are different, so car insurance is highly customized to each driver. That means the best car insurance in Indiana ultimately depends on you.
- Evaluate your needs: Car insurance companies in Georgia will consider several factors before determining your insurance rate. This includes the kind of coverage you need, what kind of driving record you have, and what insurance is required for drivers in your state.
- Consider state factors: Minimum Indiana car insurance policies require $25,000 coverage for bodily injury to or death of one person, $50,000 coverage for bodily injury or death of up to two people per accident, and $25,000 coverage for property damage liability per incident. Indiana law prevents most uninsured motorists from being compensated for pain and suffering in the event of an accident that causes bodily injury or property damage. Drivers who have been denied car insurance coverage can apply for the Indiana Auto Insurance Plan through any insurance broker in the state of Indiana.
Car insurance discounts in Indiana
There are some ways to shave a few dollars off your monthly car insurance premium with cost-cutting savings such as these.
|Discount||Auto-Owners||Erie||Geico||Indiana Farm Bureau||USAA|
|Automatic payment/paperless billing||X||X|
|Defensive driving course||X||X||X||X|
|Low annual mileage||X||X||X|
|Occupational or organizations||X|
|Safe driver/accident free||X||X||X||X||X|
Some car insurance companies will remotely audit your driving by tracking your driving habits with a device that you install in your car for a few months. After the audit period concludes, your insurance company may discount your monthly premium by up to 40%.
Frequently asked questions
What do I need to get car insurance in Indiana?
You will need to provide your driver’s license number, car make, model and year to your insurance company and answer their questions about your driving history.
Can I get a car insurance policy if I have had speeding tickets, accidents or a DUI?
What if the insurance company turns me down, can I still get car insurance?
Yes, drivers who have been denied coverage by one or more insurance companies can apply for the Indiana Auto Insurance Plan through any insurance broker in the state of Indiana. The Indiana Auto Insurance Plan is for drivers who are deemed too high-risk by insurance companies for one or more reasons such as: policy lapses, bad credit, accidents, too many traffic violations, DUIs and other issues.
What is the best car insurance in Indiana?
Some companies may offer the cheapest car insurance in Indiana, but the best car insurance company depends on you. Factors like customer satisfaction, policy options, and financial stability are all items of consideration that you should take into account before choosing the best car insurance provider in Indiana.
Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. 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 coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.