The Cheapest Car Insurance in Indiana for June 2024

Hastings Mutual offers the cheapest car insurance in Indiana, with an average annual rate of $808 for full coverage.
Ben Moore
By Ben Moore 
Updated

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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.

The cheapest car insurance company in Indiana is Hastings Mutual at $806 per year on average, or $67 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 $1,423 per year, or about $119 per month.

🤓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.

Minimum coverage in Indiana is $399 per year on average, but we found you can likely get a cheaper policy. For example, Auto-Owners offers the cheapest rates in Indiana at $231 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.

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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 2021 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.

Cheapest 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:

  1. Geico: $1,732 per year, or about $144 per month.
  2. Auto-Owners: $1,999 per year, or about $167 per month.
  3. Hastings Mutual: $2,090 per year, or about $174 per month.
  4. Indiana Farmers: $2,199 per year, or about $183 per month.
  5. QBE: $2,301 per year, or about $192 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: $547 per year, or about $46 per month.
  2. Auto-Owners: $583 per year, or about $49 per month.
  3. Westfield: $662 per year, or about $55 per month.
  4. Progressive: $707 per year, or about $59 per month.
  5. Indiana Farmers: $718 per year, or about $60 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. Geico: $780 per year, or about $65 per month.
  2. Allstate: $1,027 per year, or about $86 per month.
  3. Grange: $1,052 per year, or about $88 per month.
  4. Progressive: $1,061 per year, or about $88 per month.
  5. Indiana Farmers: $1,197 per year, or about $100 per month.

Cheapest auto 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:

  1. Geico: $658 per year, or about $55 per month.
  2. Buckeye: $740 per year, or about $62 per month.
  3. Progressive: $756 per year, or about $63 per month.
  4. Westfield: $795 per year, or about $66 per month.
  5. Indiana Farmers: $862 per year, or about $72 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: $728 per year, or about $61 per month.
  2. Progressive: $814 per year, or about $68 per month.
  3. Auto-Owners: $821 per year, or about $68 per month.
  4. Hastings Mutual: $848 per year, or about $71 per month.
  5. Westfield: $883 per year, or about $74 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. Progressive: $721 per year, or about $60 per month.
  2. Geico: $861 per year, or about $72 per month.
  3. Allstate: $1,190 per year, or about $99 per month.
  4. Grange: $1,259 per year, or about $105 per month.
  5. American Family: $1,370 per year, or about $114 per month.

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

  1. Hastings Mutual: $856 per year, or about $71 per month.
  2. Auto-Owners: $953 per year, or about $79 per month.
  3. Geico: $1,016 per year, or about $85 per month.
  4. Travelers: $1,101 per year, or about $92 per month.
  5. Buckeye: $1,153 per year, or about $96 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. Auto-Owners: $221 per year, or about $18 per month.
  2. Buckeye: $316 per year, or about $26 per month.
  3. Hastings Mutual: $326 per year, or about $27 per month.
  4. Geico: $328 per year, or about $27 per month.
  5. Westfield: $333 per year, or about $28 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. Hastings Mutual: $1,516 per year, or about $126 per month.
  2. Geico: $1,523 per year, or about $127 per month.
  3. American Family: $2,003 per year, or about $167 per month.
  4. Travelers: $2,006 per year, or about $167 per month.
  5. Progressive: $2,133 per year, or about $178 per month.

Cheapest auto 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:

  1. Buckeye: $335 per year, or about $28 per month.
  2. Westfield: $400 per year, or about $33 per month.
  3. Geico: $408 per year, or about $34 per month.
  4. Hastings Mutual: $416 per year, or about $35 per month.
  5. Travelers: $425 per year, or about $35 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. Hastings Mutual: $872 per year, or about $73 per month.
  2. Auto-Owners: $1,218 per year, or about $102 per month.
  3. Travelers: $1,481 per year, or about $123 per month.
  4. Buckeye: $1,509 per year, or about $126 per month.
  5. Indiana Farmers: $1,546 per year, or about $129 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. Progressive: $1,387 per year, or about $116 per month.
  2. Travelers: $1,659 per year, or about $138 per month.
  3. Geico: $2,059 per year, or about $172 per month.
  4. Auto-Owners: $2,311 per year, or about $193 per month.
  5. American Family: $2,462 per year, or about $205 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. Hastings Mutual: $766 per year, or about $64 per month.
  2. Auto-Owners: $954 per year, or about $80 per month.
  3. Geico: $965 per year, or about $80 per month.
  4. Travelers: $1,061 per year, or about $88 per month.
  5. American Family: $1,119 per year, or about $93 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. Auto-Owners: $236 per year, or about $20 per month.
  2. Hastings Mutual: $290 per year, or about $24 per month.
  3. Westfield: $311 per year, or about $26 per month.
  4. Buckeye: $316 per year, or about $26 per month.
  5. Geico: $321 per year, or about $27 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. Hastings Mutual: $1,352 per year, or about $113 per month.
  2. Geico: $1,438 per year, or about $120 per month.
  3. Travelers: $1,825 per year, or about $152 per month.
  4. Progressive: $1,909 per year, or about $159 per month.
  5. Indiana Farmers: $1,919 per year, or about $160 per month.

Cheapest auto 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:

  1. Buckeye: $335 per year, or about $28 per month.
  2. Westfield: $374 per year, or about $31 per month.
  3. Hastings Mutual: $380 per year, or about $32 per month.
  4. Geico: $395 per year, or about $33 per month.
  5. Indiana Farmers: $412 per year, or about $34 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. Hastings Mutual: $782 per year, or about $65 per month.
  2. Auto-Owners: $1,226 per year, or about $102 per month.
  3. Indiana Farmers: $1,329 per year, or about $111 per month.
  4. Travelers: $1,425 per year, or about $119 per month.
  5. Buckeye: $1,509 per year, or about $126 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. Progressive: $1,254 per year, or about $105 per month.
  2. Travelers: $1,553 per year, or about $129 per month.
  3. Geico: $1,938 per year, or about $162 per month.
  4. Auto-Owners: $2,350 per year, or about $196 per month.
  5. Indiana Farmers: $2,371 per year, or about $198 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 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:

  1. Hastings Mutual: $694 per year, or about $58 per month.
  2. Auto-Owners: $898 per year, or about $75 per month.
  3. Geico: $916 per year, or about $76 per month.
  4. Travelers: $967 per year, or about $81 per month.
  5. Buckeye: $1,014 per year, or about $85 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. Auto-Owners: $222 per year, or about $19 per month.
  2. Hastings Mutual: $258 per year, or about $22 per month.
  3. Buckeye: $277 per year, or about $23 per month.
  4. Geico: $292 per year, or about $24 per month.
  5. Westfield: $297 per year, or about $25 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. Hastings Mutual: $1,220 per year, or about $102 per month.
  2. Geico: $1,347 per year, or about $112 per month.
  3. Travelers: $1,721 per year, or about $143 per month.
  4. Progressive: $1,721 per year, or about $143 per month.
  5. Indiana Farmers: $1,748 per year, or about $146 per month.

Cheapest auto 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:

  1. Buckeye: $293 per year, or about $24 per month.
  2. Hastings Mutual: $350 per year, or about $29 per month.
  3. Westfield: $357 per year, or about $30 per month.
  4. Celina Insurance: $383 per year, or about $32 per month.
  5. Geico: $389 per year, or about $32 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. Hastings Mutual: $708 per year, or about $59 per month.
  2. Auto-Owners: $1,153 per year, or about $96 per month.
  3. Indiana Farmers: $1,223 per year, or about $102 per month.
  4. Travelers: $1,328 per year, or about $111 per month.
  5. Buckeye: $1,343 per year, or about $112 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. Progressive: $1,148 per year, or about $96 per month.
  2. Travelers: $1,447 per year, or about $121 per month.
  3. Geico: $1,901 per year, or about $158 per month.
  4. Indiana Farmers: $2,166 per year, or about $180 per month.
  5. Auto-Owners: $2,199 per year, or about $183 per month.

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 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:

  1. Hastings Mutual: $750 per year, or about $63 per month.
  2. Auto-Owners: $861 per year, or about $72 per month.
  3. Geico: $901 per year, or about $75 per month.
  4. Travelers: $962 per year, or about $80 per month.
  5. Progressive: $984 per year, or about $82 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. Auto-Owners: $221 per year, or about $18 per month.
  2. Buckeye: $277 per year, or about $23 per month.
  3. Hastings Mutual: $282 per year, or about $24 per month.
  4. Geico: $296 per year, or about $25 per month.
  5. Westfield: $317 per year, or about $26 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. Geico: $1,259 per year, or about $105 per month.
  2. Hastings Mutual: $1,320 per year, or about $110 per month.
  3. Progressive: $1,649 per year, or about $137 per month.
  4. Indiana Farmers: $1,695 per year, or about $141 per month.
  5. Travelers: $1,722 per year, or about $144 per month.

Cheapest auto 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:

  1. Buckeye: $293 per year, or about $24 per month.
  2. Hastings Mutual: $374 per year, or about $31 per month.
  3. Celina Insurance: $375 per year, or about $31 per month.
  4. Westfield: $381 per year, or about $32 per month.
  5. Geico: $385 per year, or about $32 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. Hastings Mutual: $764 per year, or about $64 per month.
  2. Auto-Owners: $1,110 per year, or about $93 per month.
  3. Indiana Farmers: $1,195 per year, or about $100 per month.
  4. Travelers: $1,338 per year, or about $112 per month.
  5. Buckeye: $1,343 per year, or about $112 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. Progressive: $1,108 per year, or about $92 per month.
  2. Travelers: $1,458 per year, or about $122 per month.
  3. Geico: $1,906 per year, or about $159 per month.
  4. Indiana Farmers: $2,085 per year, or about $174 per month.
  5. Auto-Owners: $2,134 per year, or about $178 per month.

Cheapest 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:

  1. Hastings Mutual: $886 per year, or about $74 per month.
  2. Auto-Owners: $980 per year, or about $82 per month.
  3. Geico: $1,017 per year, or about $85 per month.
  4. Buckeye: $1,037 per year, or about $86 per month.
  5. American Family: $1,114 per year, or about $93 per month.

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:

  1. Auto-Owners: $281 per year, or about $23 per month.
  2. Buckeye: $283 per year, or about $24 per month.
  3. Hastings Mutual: $338 per year, or about $28 per month.
  4. Geico: $349 per year, or about $29 per month.
  5. Westfield: $384 per year, or about $32 per month.

Cheapest auto 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 full coverage:

  1. Geico: $1,477 per year, or about $123 per month.
  2. Hastings Mutual: $1,578 per year, or about $132 per month.
  3. Progressive: $1,881 per year, or about $157 per month.
  4. American Family: $1,919 per year, or about $160 per month.
  5. Nationwide: $1,955 per year, or about $163 per month.

Cheapest auto 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:

  1. Buckeye: $300 per year, or about $25 per month.
  2. Hastings Mutual: $430 per year, or about $36 per month.
  3. Geico: $430 per year, or about $36 per month.
  4. Celina Insurance: $440 per year, or about $37 per month.
  5. Westfield: $461 per year, or about $38 per month.

Cheapest auto 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 full coverage:

  1. Hastings Mutual: $910 per year, or about $76 per month.
  2. Auto-Owners: $1,276 per year, or about $106 per month.
  3. Buckeye: $1,372 per year, or about $114 per month.
  4. Indiana Farmers: $1,419 per year, or about $118 per month.
  5. Travelers: $1,569 per year, or about $131 per month.

Cheapest auto 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 full coverage.

  1. Progressive: $1,328 per year, or about $111 per month.
  2. Travelers: $1,816 per year, or about $151 per month.
  3. Geico: $2,102 per year, or about $175 per month.
  4. Indiana Farm Bureau: $2,338 per year, or about $195 per month.
  5. American Family: $2,346 per year, or about $196 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 three auto insurance options for 68 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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