Cheap Car Insurance in Indiana

Cheap Car Insurance in Indiana

It is mandatory to get car insurance in Indiana for drivers to drive legally in the state. Different companies in Indiana provide car insurance at different rates. According to data gathered by MyMoneyMyQuotes following are the cheap car insurance providers that offer car insurance at affordable rates in Indiana:

Name of the Company Average annual car insurance premiums
Travelers $612
Pekin Insurance $820
USAA $872
Auto-Owners $903
Erie $940
State Farm $1085
Wolverine Mutual $1130
Cincinnati Insurance $1134
Grange Mutual $1150
Hastings Mutual Insurance Co $1178
GEICO $1216
Westfield $1245
Indiana Farmers Mutual $1255
Utica National $1305
United Farm Bureau of IN Group $1339
Farmers $1437
Victoria $1500
Celina Insurance Group $1527
Nationwide $1567
Progressive $1577
Motorists Mutual $1585
Allied $1592
American Family $1624
Western Reserve $1745
Safe Auto $1892
State Auto $1943
Sentry $1957
General Casualty $2012
Allstate $2325
Metropolitan $2520
Hanover $4807

Cheap car insurance in Indiana for good drivers 

Car insurance companies may charge high car insurance premiums from drivers in Indiana with histories of speeding tickets, at-fault accidents, or DUI citations. Car insurance companies in Indiana provide discounts on car insurance premiums to those who have a good driving history but discount rates vary from company to company. You can save money on a car insurance policy in Indiana by maintaining a good driving record. Most auto insurance companies in Indiana provide a 5-10% good driver discount to those having a good driving history without violations.

  • Drivers with no traffic ticket may save $244 on car insurance premiums in Indiana.
  •  Drivers may save $522 on car insurance premiums if they have an accident-free record in Indiana.
  •  By maintaining a good credit history you may save $781 on car insurance premiums in Indiana. 

Cheap car insurance for inexperienced drivers in Indiana

Most auto insurance providers may charge high auto insurance premiums in Indiana from young or inexperienced drivers because inexperienced drivers are riskier for auto insurance companies than experienced drivers.  Auto insurance premiums in Indiana vary according to the age of the drivers. Some companies charge high auto insurance costs from young drivers in Indiana. 

Age Average annual auto insurance premiums with parents Average annual auto insurance premiums for young drivers alone
16 $5009 $4814
17 $4790 $4126
18 $4637 $3646
19 $4130 $2693

Affordable auto insurance in Indiana for high-risk drivers

Car insurance companies in Indiana charge high auto insurance premiums from those drivers who have a bad driving history as compared to the drivers those who have no at-fault accidents, speeding tickets, or DUIs. Drivers with a good driving record in Indiana can save money on auto insurance policies because auto insurance companies check the driving record of the past 3 to 5 years to decide the car insurance cost. Drivers with a good driving history in Indiana may get discounts on car insurance policies.

Rating factor Average annual car insurance premium
At-Fault Accident $1649
DUI $1711
Speeding Violation $1369
Bad Credit $1906

Best car insurance companies in Indiana

Car insurance prices in Indiana may vary from company to company. Some companies in Indiana charge lower car insurance premiums than others. To get the best auto insurance policy in Indiana you should check the reputation and services of the insurance companies because finding an affordable car insurance policy is not just enough. You can find the best auto insurance company in Indiana by comparing car insurance quotes from different car insurance providers. According to the data gathered by the MyMoneyMyQuotes following are the best car insurance providers in Indiana:

  1. Allstate
  2. American Family
  3. Cal Casualty
  4. Celina Insurance
  5. Cincinnati Insurance
  6. Erie
  7. Farmers
  8. First Chicago Maverick
  9. GEICO
  10. Liberty Mutual
  11. MetLife
  12. Progressive
  13. State Farm
  14. Travelers
  15. USAA

What auto insurance coverage is mandatory to purchase for drivers in Indiana?

The average annual cost to get the minimum required coverage in Indiana may be around $490.  The minimum required coverage for drivers in Indiana to drive legally in the state is:

Coverage type Coverage limit
Bodily injury coverage per person $25000
Bodily injury per accident $50000
Property damage per accident $25000

 The state minimum auto insurance requirements in Indiana

The state minimum auto insurance coverage requirement in Indiana is liability coverage.

  1. $25000 bodily injury coverage per person is required in Indiana.
  2. $50000 bodily injury coverage per accident is required in Indiana.
  3. $25000 property damage coverage per accident is required in Indiana.

Other types of optional coverages in Indiana are:

  1. Comprehensive
  2. Collision
  3. Roadside Assistance
  4. Loan/Lease Payoff
  5. Rental Car Reimbursement
  6. Uninsured/Underinsured Motorist Bodily Injury
  7. Uninsured Motorist Property Damage
  8. Medical and Funeral Services

Fine for driving without car insurance in Indiana

If anyone caught driving without a car insurance policy in Indiana then police may charge a fine or suspend driver’s license. 

Car insurance prices by cities in Indiana

Car insurance premiums in Indiana may vary from city to city. In some cities of Indiana, car insurance prices are high compared to others.

City Average annual insurance premiums
Gary $1597
Hammond $1477
Indianapolis $1289
Jeffersonville $1250
New Albany $1233
Terre Haute $1220
Evansville $1217
Bloomington $1180
Greenwood $1152
Anderson $1147
Fort Wayne $1146
Fishers $1145
Kokomo $1130
South Bend $1128
Columbus $1123
Noblesville $1113
Carmel $1108
Mishawaka $1092
Muncie $1080
Elkhart $1079
Richmond $1075
Lafayette $1065

If you are looking for a car insurance deal in Indiana, you can compare car insurance quotes provided for free by MyMoneyMyQuotes.com to get yourself the best possible deal.

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