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The Cheapest Car Insurance in Indiana for 2024

Here is the cheapest car insurance in Indiana according to NerdWallet's analysis.

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.Updated Dec 1, 2024 · 8 min read
Profile photo of Ben Moore
Written by Ben Moore
Assistant Assigning Editor
Profile photo of Ben Moore
Written by Ben Moore
Assistant Assigning Editor

Nerdy takeaways

  • Hastings Mutual offers the cheapest full coverage in Indiana, with an average rate of $1,220 per year according to NerdWallet's December 2024 analysis.

  • Full coverage in Indiana costs an average of $2,010 per year, or $168 per month.

  • If you want the cheapest policy possible, get minimum coverage. The average cost of minimum coverage in Indiana is $505 per year, or $42 per month.

Auto insurance is an important purchase, but finding cheap car insurance in Indiana isn’t always easy. The best way to find cheap car insurance is to compare rates from multiple insurers.

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Keep reading to find the cheapest car insurance in Indiana for different driver profiles and coverage types among:

Cheap car insurance in Indiana

Here's the cheapest full coverage car insurance in Indiana for 35-year-old drivers with different driving records.

CategoryCheapest companyMedian annual rate
Clean driving historyHastings Mutual$1,220
After a DUIProgressive$2,071
After an accidentHastings Mutual$1,220
After a speeding ticketHastings Mutual$1,528
Having poor creditHastings Mutual$2,188

The cheapest car insurance company in Indiana is Hastings Mutual at $1,220 per year on average, or $102 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in Indiana. Meanwhile, the average cost of full coverage car insurance in Indiana is $2,010 per year, or about $168 per month.

Minimum coverage in Indiana is $505 per year on average, but we found you can likely get a cheaper policy. For example, Westfield offers the cheapest rates in Indiana at $303 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

🤓Nerdy Tip

Did your rates go up? Auto insurance prices are on the rise in Indiana. Be sure to get car insurance quotes from three or more companies to find the lowest rate possible.

How we chose the cheapest companies in Indiana

NerdWallet’s editorial team analyzed car insurance rates from 22 auto insurers in Indiana and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2022 Toyota Camry LE. For minimum coverage, we looked at rates that reflect the minimum requirements in Indiana. For full coverage, we used the below 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

  • Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in Indiana where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

Cheap auto insurance in Indiana for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

Cheapest full coverage car insurance in Indiana for 20-year-olds

Drivers in Indiana with clean driving records may want to consider the following companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Indiana Farmers$2,808$234
Geico$2,994$250
Auto-Owners$3,062$255
Westfield$3,086$257
Hastings Mutual$3,106$259

Cheapest minimum coverage car insurance in Indiana for 20-year-olds

Drivers in Indiana who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Westfield$624$52
Geico$788$66
Buckeye$792$66
Indiana Farmers$868$72
Auto-Owners$877$73

Cheapest car insurance in Indiana for 20-year-olds with poor credit

Drivers with poor credit in Indiana should look at the following insurers with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Allstate$1,161$97
Westfield$1,173$98
Geico$1,207$101
Indiana Farmers$1,441$120
Progressive$1,455$121

Cheapest car insurance in Indiana for 20-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Westfield$749$62
Buckeye$901$75
Geico$909$76
Indiana Farmers$1,042$87
Progressive$1,084$90

Cheapest car insurance in Indiana for 20-year-old drivers with one at-fault crash

For drivers with a recent accident in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Westfield$831$69
Buckeye$1,081$90
Geico$1,089$91
Allstate$1,106$92
Indiana Farmers$1,128$94

Cheapest car insurance in Indiana for 20-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.

CompanyMedian annual rateMedian monthly rate
Progressive$1,040$87
Allstate$1,281$107
Westfield$1,301$108
Safe Auto$1,493$124
Geico$1,564$130
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Cheap auto insurance in Indiana for 30-year-old drivers

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

Cheapest full coverage car insurance in Indiana for 30-year-olds

Drivers in Indiana seeking full coverage auto insurance can check with the following companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$1,298$108
Buckeye$1,356$113
Encova$1,455$121
Auto-Owners$1,641$137
Indiana Farmers$1,798$150

Cheapest minimum coverage car insurance in Indiana for 30-year-olds

Drivers in Indiana who want their state's minimum coverage can check with the following companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Westfield$313$26
Buckeye$339$28
Auto-Owners$375$31
Geico$412$34
Hastings Mutual$462$39

Cheapest car insurance in Indiana for 30-year-olds with poor credit

Drivers with poor credit in Indiana should consider the following companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Geico$579$48
Westfield$590$49
Allstate$632$53
Safe Auto$650$54
Progressive$754$63

Cheapest car insurance in Indiana for 30-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Westfield$377$31
Buckeye$408$34
Encova$541$45
Geico$552$46
Celina Insurance$591$49

Cheapest car insurance in Indiana for 30-year-old drivers with one at-fault crash

For drivers in Indiana with a recent accident, here are the lowest average rate options for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$462$39
Auto-Owners$494$41
Buckeye$520$43
Westfield$520$43
Allstate$602$50

Cheapest car insurance in Indiana for 30-year-old drivers after a DUI

For the cheapest auto insurance after a DUI, we found the following options for minimum coverage.

CompanyMedian annual rateMedian monthly rate
Progressive$565$47
Allstate$699$58
Travelers$787$66
Safe Auto$802$67
State Farm$825$69

Cheap auto insurance in Indiana for 40-year-old drivers

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Cheapest full coverage car insurance in Indiana for 40-year-olds

Drivers in Indiana with clean driving records may want to think about the following companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$1,156$96
Buckeye$1,356$113
Encova$1,455$121
Indiana Farmers$1,558$130
Auto-Owners$1,613$134

Cheapest minimum coverage car insurance in Indiana for 40-year-olds

Drivers in Indiana who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Westfield$293$24
Buckeye$339$28
Auto-Owners$386$32
Western Reserve$386$32
Geico$412$34

Cheapest car insurance in Indiana for 40-year-olds with poor credit

Drivers with poor credit in Indiana can check out the following insurers with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Westfield$552$46
Safe Auto$556$46
Geico$560$47
Allstate$632$53
Indiana Farmers$687$57

Cheapest car insurance in Indiana for 40-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Westfield$352$29
Buckeye$408$34
Indiana Farmers$500$42
Geico$533$44
Hastings Mutual$538$45

Cheapest car insurance in Indiana for 40-year-old drivers with one at-fault crash

For drivers with a recent accident living in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$412$34
Westfield$500$42
Auto-Owners$508$42
Buckeye$520$43
Indiana Farmers$541$45

Cheapest car insurance in Indiana for 40-year-old drivers after a DUI

The cheapest minimum coverage auto insurance we found for drivers with a DUI came from the following companies.

CompanyMedian annual rateMedian monthly rate
Progressive$524$44
Allstate$699$58
Safe Auto$740$62
Indiana Farmers$833$69
State Farm$841$70

Cheap auto insurance in Indiana for 50-year-old drivers

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Cheapest full coverage car insurance in Indiana for 50-year-olds

Drivers in Indiana with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$1,046$87
Encova$1,165$97
Buckeye$1,192$99
Indiana Farmers$1,424$119
Progressive$1,480$123

Cheapest minimum coverage car insurance in Indiana for 50-year-olds

Drivers in Indiana who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Westfield$280$23
Buckeye$297$25
Western Reserve$357$30
Auto-Owners$363$30
Hastings Mutual$366$31

Cheapest car insurance in Indiana for 50-year-olds with poor credit

Drivers with poor credit in Indiana can check with the following companies, which showed the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Safe Auto$490$41
Westfield$526$44
Geico$554$46
Allstate$573$48
Progressive$646$54

Cheapest car insurance in Indiana for 50-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Westfield$335$28
Buckeye$358$30
Encova$434$36
Celina Insurance$467$39
Indiana Farmers$486$41

Cheapest car insurance in Indiana for 50-year-old drivers with one at-fault crash

For drivers living in Indiana with a recent accident, here are the insurers with the lowest average minimum coverage rates:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$366$31
Buckeye$462$39
Auto-Owners$479$40
Westfield$486$41
Encova$492$41

Cheapest car insurance in Indiana for 50-year-old drivers after a DUI

The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for minimum coverage.

CompanyMedian annual rateMedian monthly rate
Progressive$494$41
Allstate$632$53
Safe Auto$712$59
Travelers$803$67
Indiana Farmers$811$68
Car with shield on road

See what you could save on car insurance

Easily compare personalized rates to see how much switching car insurance could save you.
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Cheap auto insurance in Indiana for 60-year-old drivers

Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.

Cheapest full coverage car insurance in Indiana for 60-year-olds

Drivers in Indiana with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$1,132$94
Buckeye$1,192$99
Encova$1,207$101
Progressive$1,349$112
Indiana Farmers$1,361$113

Cheapest minimum coverage car insurance in Indiana for 60-year-olds

Drivers in Indiana who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Buckeye$297$25
Westfield$298$25
Auto-Owners$362$30
Western Reserve$385$32
Encova$390$33

Cheapest car insurance in Indiana for 60-year-olds with poor credit

Drivers with poor credit in Indiana can look at the following companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Safe Auto$480$40
Geico$542$45
Westfield$562$47
Allstate$623$52
Progressive$626$52

Cheapest car insurance in Indiana for 60-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Buckeye$358$30
Westfield$359$30
Encova$448$37
Celina Insurance$459$38
Geico$529$44

Cheapest car insurance in Indiana for 60-year-old drivers with one at-fault crash

For drivers with a recent accident living in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Hastings Mutual$400$33
Buckeye$462$39
Auto-Owners$477$40
Westfield$506$42
Encova$506$42

Cheapest car insurance in Indiana for 60-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for minimum coverage.

CompanyMedian annual rateMedian monthly rate
Progressive$480$40
Allstate$688$57
Safe Auto$698$58
State Farm$796$66
Travelers$842$70

Cheap auto insurance in Indiana for 70-year-old drivers

Car insurance costs may start to rise for 70-year-old drivers. To find the cheapest possible coverage, shop around and compare quotes from multiple companies. Also, look for insurers that offer discounts for seniors. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

Cheapest full coverage car insurance in Indiana for 70-year-olds

Drivers in Indiana with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Buckeye$1,220$102
Encova$1,290$108
Hastings Mutual$1,348$112
Geico$1,456$121
Progressive$1,538$128

Cheapest minimum coverage car insurance in Indiana for 70-year-olds

Drivers in Indiana who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates:

CompanyMedian annual rateMedian monthly rate
Buckeye$304$25
Westfield$361$30
Encova$418$35
Geico$446$37
Auto-Owners$459$38

Cheapest car insurance in Indiana for 70-year-olds with poor credit

Drivers with poor credit in Indiana can look at the following companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Geico$635$53
Westfield$679$57
Safe Auto$696$58
Progressive$727$61
Allstate$728$61

Cheapest car insurance in Indiana for 70-year-old drivers with one speeding ticket

For drivers with a recent speeding ticket in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Buckeye$366$31
Westfield$433$36
Encova$475$40
Celina Insurance$534$45
Geico$604$50

Cheapest car insurance in Indiana for 70-year-old drivers with one at-fault crash

For drivers with a recent accident living in Indiana, here are the companies with the lowest average rates for minimum coverage:

CompanyMedian annual rateMedian monthly rate
Buckeye$471$39
Hastings Mutual$482$40
Encova$533$44
Westfield$569$47
Auto-Owners$605$50

Cheapest car insurance in Indiana for 70-year-old drivers after a DUI

The cheapest auto insurance we found after a DUI came from the following companies, shown with their average rates for minimum coverage.

CompanyMedian annual rateMedian monthly rate
Progressive$586$49
Allstate$804$67
State Farm$843$70
Indiana Farm Bureau$900$75
Safe Auto$988$82

Cheapest car insurance for military families in Indiana

If you're an active member of the military or a veteran — or have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest three auto insurance options for 62 of the 70 driver profiles we examined.

Minimum required auto insurance in Indiana

Indiana requires drivers to carry liability car insurance to drive legally. This coverage pays for others’ injury and property damage costs if you cause a crash.

The minimum liability limits you must select are:

  • $25,000 bodily injury liability per person.

  • $50,000 bodily injury liability per accident.

  • $25,000 property damage liability per accident.

While these limits will satisfy legal requirements, they may not always be enough to pay off a legal settlement against you. A single crash could easily result in more than $25,000 in damage to another driver’s vehicle, for example. Any repairs that exceed that amount would be your responsibility.

Check out our guide to car insurance requirements by state for more details on choosing your liability limits, plus optional coverages you might want such as collision, comprehensive and uninsured motorist insurance.

Alternative Indiana car insurance

If you’re denied car insurance on the voluntary market due to credit problems, a checkered driving record or other circumstances, you can seek coverage through the Indiana Automobile Insurance Plan.

For more help finding competitive car insurance rates, try NerdWallet's auto insurance comparison tool.

METHODOLOGY

For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.

For full coverage policies, we used the following 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 coverage per person.

  • $300,000 uninsured motorist coverage per accident.

  • Collision coverage with a $1,000 deductible.

  • Comprehensive coverage with a $1,000 deductible.

In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.

We used a 2021 Toyota Camry LE for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.

We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.

  • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

  • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.

These are rates generated through Quadrant Information Services. Your own rates will be different. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.

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