The Cheapest Car Insurance in Indiana for 2022

NerdWallet analyzed auto insurance rates to find you the cheapest car insurance in Indiana for a variety of ages and driving histories.
Dec 10, 2021

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Auto insurance is an important purchase, but finding cheap car insurance in Indiana isn’t always easy. That’s why it’s important to compare rates from multiple insurers.

The average cost of full coverage car insurance in Indiana is $1,153 per year, or about $96 per month, according to NerdWallet’s analysis. Minimum coverage in Indiana is $354 per year on average, but we found you can likely get a cheaper policy. For example, Pekin offers the cheapest rates in Indiana at $203 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

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Cheapest car insurance company overall in Indiana

Pekin

$52/month

Not yet rated.

Cheapest for minimum coverage

Pekin

$17/month

Not yet rated.

Cheapest for young drivers

Pekin

$108/month

Not yet rated.

Cheapest for drivers with poor credit

$52/month

3.5

NerdWallet rating 

How we chose the cheapest companies in Indiana

NerdWallet’s editorial team analyzed car insurance rates from 20 auto insurers in Indiana and found the five cheapest options for drivers in several age brackets and with different histories, all driving a 2019 Toyota Camry L. 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.

Cheapest for 20-year-old drivers

Drivers in their 20s may have to get a lot of quotes to find 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:

  1. Pekin: $1,299 per year, or about $108 per month.

  2. Indiana Farmers: $1,408 per year, or about $117 per month.

  3. Grange: $1,582 per year, or about $132 per month.

  4. Geico: $1,684 per year, or about $140 per month.

  5. Hastings Mutual: $1,761 per year, or about $147 per month.

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:

  1. Geico: $469 per year, or about $39 per month.

  2. Grange: $517 per year, or about $43 per month.

  3. Pekin: $540 per year, or about $45 per month.

  4. Indiana Farmers: $574 per year, or about $48 per month.

  5. Westfield: $591 per year, or about $49 per month.

Cheapest auto 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:

  1. Grange: $715 per year, or about $60 per month.

  2. Geico: $722 per year, or about $60 per month.

  3. Encompass: $734 per year, or about $61 per month.

  4. Allstate: $877 per year, or about $73 per month.

  5. Pekin: $977 per year, or about $81 per month.

Cheapest auto 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:

  1. Geico: $576 per year, or about $48 per month.

  2. Grange: $607 per year, or about $51 per month.

  3. Indiana Farmers: $688 per year, or about $57 per month.

  4. Pekin: $719 per year, or about $60 per month.

  5. Westfield: $788 per year, or about $66 per month.

Cheapest auto 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.

  1. Indiana Farmers: $688 per year, or about $57 per month.

  2. Geico: $793 per year, or about $66 per month.

  3. Progressive: $818 per year, or about $68 per month.

  4. Grange: $888 per year, or about $74 per month.

  5. Allstate: $937 per year, or about $78 per month.

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Cheapest 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 with clean driving records may get the lowest rates from these companies:

  1. Pekin: $654 per year, or about $54 per month.

  2. Grange: $745 per year, or about $62 per month.

  3. Hastings Mutual: $745 per year, or about $62 per month.

  4. Indiana Farmers: $885 per year, or about $74 per month.

  5. Encompass: $895 per year, or about $75 per month.

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:

  1. Grange: $204 per year, or about $17 per month.

  2. Pekin: $215 per year, or about $18 per month.

  3. Geico: $234 per year, or about $20 per month.

  4. Auto-Owners: $247 per year, or about $21 per month.

  5. State Farm: $286 per year, or about $24 per month.

Cheapest auto 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 full coverage:

  1. Encompass: $895 per year, or about $75 per month.

  2. Grange: $1,011 per year, or about $84 per month.

  3. Hastings Mutual: $1,207 per year, or about $101 per month.

  4. Pekin: $1,222 per year, or about $102 per month.

  5. Geico: $1,249 per year, or about $104 per month.

Cheapest auto 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 full coverage:

  1. Pekin: $866 per year, or about $72 per month.

  2. Grange: $965 per year, or about $80 per month.

  3. Indiana Farmers: $1,053 per year, or about $88 per month.

  4. Hastings Mutual: $1,170 per year, or about $98 per month.

  5. American Family: $1,176 per year, or about $98 per month.

Cheapest auto 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 full coverage.

  1. Indiana Farmers: $1,053 per year, or about $88 per month.

  2. Pekin: $1,203 per year, or about $100 per month.

  3. State Farm: $1,303 per year, or about $109 per month.

  4. Grange: $1,305 per year, or about $109 per month.

  5. Progressive: $1,559 per year, or about $130 per month.

Cheapest 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:

  1. Pekin: $604 per year, or about $50 per month.

  2. Hastings Mutual: $655 per year, or about $55 per month.

  3. Grange: $739 per year, or about $62 per month.

  4. Indiana Farmers: $764 per year, or about $64 per month.

  5. Geico: $865 per year, or about $72 per month.

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:

  1. Pekin: $195 per year, or about $16 per month.

  2. Grange: $209 per year, or about $17 per month.

  3. Geico: $227 per year, or about $19 per month.

  4. Auto-Owners: $264 per year, or about $22 per month.

  5. Indiana Farmers: $276 per year, or about $23 per month.

Cheapest auto 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 full coverage:

  1. Encompass: $895 per year, or about $75 per month.

  2. Grange: $991 per year, or about $83 per month.

  3. Hastings Mutual: $1,057 per year, or about $88 per month.

  4. Pekin: $1,126 per year, or about $94 per month.

  5. Geico: $1,209 per year, or about $101 per month.

Cheapest auto 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 full coverage:

  1. Pekin: $798 per year, or about $66 per month.

  2. Indiana Farmers: $908 per year, or about $76 per month.

  3. Grange: $999 per year, or about $83 per month.

  4. Hastings Mutual: $1,064 per year, or about $89 per month.

  5. American Family: $1,069 per year, or about $89 per month.

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

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

  1. Indiana Farmers: $908 per year, or about $76 per month.

  2. Pekin: $1,106 per year, or about $92 per month.

  3. State Farm: $1,273 per year, or about $106 per month.

  4. Grange: $1,295 per year, or about $108 per month.

  5. Progressive: $1,409 per year, or about $117 per month.

Cheapest 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 the best cheap car 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:

  1. Hastings Mutual: $552 per year, or about $46 per month.

  2. Pekin: $582 per year, or about $48 per month.

  3. Grange: $698 per year, or about $58 per month.

  4. Indiana Farmers: $706 per year, or about $59 per month.

  5. Encompass: $803 per year, or about $67 per month.

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:

  1. Pekin: $190 per year, or about $16 per month.

  2. Grange: $198 per year, or about $16 per month.

  3. Geico: $227 per year, or about $19 per month.

  4. Hastings Mutual: $253 per year, or about $21 per month.

  5. Auto-Owners: $255 per year, or about $21 per month.

Cheapest auto 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 full coverage:

  1. Encompass: $803 per year, or about $67 per month.

  2. Hastings Mutual: $884 per year, or about $74 per month.

  3. Grange: $922 per year, or about $77 per month.

  4. Pekin: $1,085 per year, or about $90 per month.

  5. Indiana Farmers: $1,165 per year, or about $97 per month.

Cheapest auto 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 full coverage rates:

  1. Pekin: $770 per year, or about $64 per month.

  2. Indiana Farmers: $839 per year, or about $70 per month.

  3. Hastings Mutual: $943 per year, or about $79 per month.

  4. Grange: $980 per year, or about $82 per month.

  5. American Family: $1,003 per year, or about $84 per month.

Cheapest auto 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 full coverage.

  1. Indiana Farmers: $839 per year, or about $70 per month.

  2. Pekin: $1,067 per year, or about $89 per month.

  3. Grange: $1,219 per year, or about $102 per month.

  4. State Farm: $1,244 per year, or about $104 per month.

  5. Progressive: $1,291 per year, or about $108 per month.

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Cheapest 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 auto 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:

  1. Hastings Mutual: $564 per year, or about $47 per month.

  2. Pekin: $590 per year, or about $49 per month.

  3. Grange: $650 per year, or about $54 per month.

  4. Indiana Farmers: $694 per year, or about $58 per month.

  5. Encompass: $795 per year, or about $66 per month.

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:

  1. Grange: $187 per year, or about $16 per month.

  2. Pekin: $201 per year, or about $17 per month.

  3. Geico: $237 per year, or about $20 per month.

  4. Auto-Owners: $254 per year, or about $21 per month.

  5. Hastings Mutual: $259 per year, or about $22 per month.

Cheapest auto 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 full coverage:

  1. Encompass: $795 per year, or about $66 per month.

  2. Grange: $853 per year, or about $71 per month.

  3. Hastings Mutual: $906 per year, or about $76 per month.

  4. Pekin: $1,098 per year, or about $92 per month.

  5. Indiana Farmers: $1,150 per year, or about $96 per month.

Cheapest auto 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 full coverage:

  1. Pekin: $782 per year, or about $65 per month.

  2. Indiana Farmers: $824 per year, or about $69 per month.

  3. Grange: $936 per year, or about $78 per month.

  4. Hastings Mutual: $957 per year, or about $80 per month.

  5. American Family: $1,005 per year, or about $84 per month.

Cheapest auto 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 full coverage.

  1. Indiana Farmers: $824 per year, or about $69 per month.

  2. Pekin: $1,086 per year, or about $90 per month.

  3. Grange: $1,135 per year, or about $95 per month.

  4. State Farm: $1,172 per year, or about $98 per month.

  5. Progressive: $1,243 per year, or about $104 per month.

Cheapest car insurance for military families

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 five auto insurance options for 26 of the 48 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 2019 Toyota Camry L for all drivers and assumed 12,000 annual miles driven.

We analyzed rates for drivers 20 to 60 years old in ten-year increments.

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.

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