Indiana makes the list of the top 10 least expensive states for car insurance in the US, according to the Insurance Information Institute. Indiana drivers pay around $744 a year. While car insurance is cheap here, it's still possible save if you're willing to do some comparison shopping.
Before committing to a policy or company, you'll want to shop around and get quotes from four or five companies and compare them. Every insurance company will look at factors like your credit score, driving history, and more, and weigh them differently when pricing your coverage.
In Indiana, there are a few standout companies that offer affordable car insurance. If you're looking to start your shopping, here are a few good places to start.
The most popular car insurance companies in Indiana
The following are the most popular car insurance companies in Indiana, based on the percentage of insured Indiana drivers who use them:
| Company | Market share (%) |
| State Farm | 20.76 |
| Progressive | 13.13 |
| Allstate | 8.08 |
| Indiana Farm Bureau | 7.27 |
| GEICO | 6.89 |
| Liberty Mutual | 5.04 |
| American Family | 4.58 |
| Erie Insurance | 4.17 |
| Auto-Owners Insurance | 3.03 |
| USAA* | 2.81 |
| Indiana Farmers Mutual | 2.14 |
| Nationwide | 2.00 |
| Farmers Insurance | 1.79 |
| Travelers | 1.58 |
| Safe Auto Insurance | 0.95 |
| Westfield Insurance | 0.87 |
| Grange Insurance | 0.82 |
| Warrior Invictus Holding | 0.73 |
| The Cincinnati Insurance | 0.73 |
| MetLife | 0.71 |
*USAA is only for active military, veterans, and their families.
Data from S&P Global Market Intelligence
The best car insurance in Indiana based on customer satisfaction
Customer satisfaction with car insurance providers may factor into your decision. According to J.D. Power, a consumer research company that surveys customers, these are the top car insurance companies in the North Central region (which includes Indiana):
- GEICO
- Indiana Farm Bureau
- Erie Insurance
- Auto-Owners Insurance
- Country Financial
- Westfield
- Grange Insurance
- Farmers
- Allstate
- Region Average
- State Farm
- Nationwide
- Travelers
- American Family
- Progressive
The best cheap car insurance in Indiana based on credit score
Consumer Reports obtained insurance pricing formulas form every insurance company in every US state. With each company looking at different factors differently and each state having different laws, there are very different answers to which insurance company is best for every scenario and in each state. Here are the best companies for Indiana drivers according to this data, along with the average annual premium for a single adult driver in each state.
Drivers with excellent credit scores, FICO score 800-850, will see some of the lowest costs for coverage. Here are the three best companies, along with their rates, on average.
- USAA car insurance: $748 per year
- Progressive car insurance: $834 per year
- State Farm car insurance: $892 per year
Drivers with good credit scores, FICO score 670-739, will have good rates:
- USAA car insurance: $877 per year
- Progressive car insurance: $989 per year
- State Farm car insurance: $1,097 per year
Drivers with poor credit scores, FICO score 300-579, will pay the most for coverage. Here's how the annual premiums stack up, on average:
- Progressive car insurance: $1,611 per year
- American Family car insurance: $1,990 per year
- Allstate car insurance: $2,007 per year
The best car insurance for drivers with a clean record
For a driver in Indiana age 25 or older with no accidents and one vehicle, the following companies provide the best average rates:
| Company | Average monthly insurance premium |
| Root | $107 |
| GEICO | $118 |
| Progressive | $119 |
| State Farm | $124 |
| Allstate | $133 |
| Esurance | $135 |
| Safeauto | $136 |
| American Family | $137 |
| Liberty Mututal | $141 |
| Travelers | $144 |
| USAA* | $149 |
| Safeco | $160 |
*USAA is only for active military, veterans, and their families.
Above data obtained from Savvy, based on 1,510 policyholders in the state of Indiana
Best car insurance for one or more accidents on record
For a driver in Indiana age 25 or older, with one or more accidents and one vehicle, the following companies provide the best average rates:
| Company | Average monthly insurance premium |
| GEICO | $135 |
| Progressive | $146 |
| Esurance | $155 |
| Allstate | $177 |
Above data obtained from Savvy, based on 1,510 policyholders in the state of Indiana
Indiana car insurance rates by city
Below is the estimated average annual premium of auto insurance policies per household in Indiana's most populous cities:
| City | Average annual insurance premium |
| Indianapolis | $1,188 |
| Fort Wayne | $1,183 |
| Evansville | $1,132 |
| South Bend | $1,133 |
| Fishers | $1,458 |
| Carmel | $1,466 |
| Bloomington | $1,107 |
| Hammond | $1,151 |
| Lafayette | $1,179 |
| Gary | $1,041 |
| Muncie | $1,097 |
| Noblesville | $1,361 |
| Terre Haute | $1,114 |
| Greenwood | $1,246 |
| Anderson | $1,117 |
| Elkhart | $1,176 |
| Mishawaka | $1,157 |
| Lawrence | $1,238 |
| Columbus | $1,250 |
| Jeffersonville | $1,186 |
| Kokomo | $1,130 |
| Westfield | $1,421 |
| Portage | $1,223 |
| New Albany | $1,155 |
| Merrillville | $1,208 |
| Richmond | $1,139 |
| Valparaiso | $1,215 |
| Goshen | $1,225 |
| West Lafayette | $1,158 |
| Plainfield | $1,289 |
| Granger | $1,454 |
| Michigan City | $1,153 |
| Crown Point | $1,317 |
| Schererville | $1,328 |
| Hobart | $1,255 |
| Marion | $1,062 |
| East Chicago | $1,032 |
| Franklin | $1,256 |
| Brownsburg | $1,362 |
| Greenfield | $1,226 |
Data from S&P Global Market Intelligence
Who gets the best cheap car insurance in Indiana?
Drivers who get the best cheap car insurance in Indiana are those who have the best credit score, as the numbers show above. Those who have the best driving records, several years of driving experience, and who have a more affordable car to insure will generally pay the least in insurance premiums each year.
Some of those things are quite simply beyond your control, however. Besides working to raise your credit score, one thing you can do is shop around for the best coverage for you. Get quotes from several different companies and compare them. Make sure to look past the premium and look at the coverage types and limits that each insurance company is offering. Also consider the deductible, or the amount you'll pay out of pocket if you get into an accident.
Once you find a policy with the most coverage and the lowest deductibles and premiums, you'll have narrowed it down to the best policy for your money.
Ronda Lee is an associate editor for insurance at Personal Finance Insider covering life, auto, homeowners, and renters insurance for consumers. She is also a licensed attorney who practiced litigation and insurance defense.
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