Best Car Insurance in Indiana

Last Updated on December 21, 2020

Indiana is one of the cheapest states in America for car insurance. The average driver in Indiana pays around $1,246 a year for full coverage car insurance, much less than drivers across the country. Only a handful of states – Iowa, Idaho, Wisconsin, Ohio, and New Hampshire – have cheaper average car insurance premiums than Indiana.

However, many Indiana drivers continue to pay high rates for car insurance. Maybe it’s your driving history. Maybe it’s your location. Whatever the situation may be, you need to shop around for car insurance in Indiana.

Keep reading to discover the best car insurance in Indiana, including the cheapest premiums, best coverage, and best value among Indiana car insurance companies.

Table of Contents:Best Car Insurance in Indiana

Top 10 Auto Insurance Companies in Indiana

Drivers in Indiana have numerous options for car insurance. All of America’s large, nationwide car insurance companies have a strong presence in Indiana. Drivers can also choose smaller, regional providers that offer good coverage at a competitive price. The top 10 auto insurance companies in Indiana include all of the following:

1. USAA

USAA tends to be the best car insurance option in most states. It frequently ranks among the top companies in America for claims satisfaction, customer service, and pricing. The only drawback is that membership is restricted to military personnel and their families. If you qualify for membership, however, then USAA provides some of the best car insurance in Indiana. Expect to pay around $842 per year for full coverage car insurance with USAA in Indiana.

2. GEICO

GEICO is also very competitive in Indiana, charging the second-cheapest average rates in the state. The average GEICO driver pays around $967 per year for car insurance, although rates vary widely based on your location, driver history, and demographic data, among other factors.

3. Shelter

If you care about claims satisfaction and customer service, then Shelter is your best option in Indiana. Although Shelter isn’t as cheap as other options on this list, the company is frequently picked as the best car insurance company in Indiana based on customer service and claims satisfaction. Shelter charges around $1,201 per year for car insurance in Indiana.

4. Indiana Farm Bureau

Indiana Farm Bureau, like other Farm Bureau affiliates, started by selling car insurance exclusively to farmers in Indiana. Today, Indiana Farm Bureau continues to have a strong presence in rural areas of the state. Indiana Farm Bureau’s pricing remains very competitive with some of the larger insurers serving Indiana, with drivers paying roughly $998 per year.

5. Erie

Erie is a regional provider available in Indiana and neighboring states. Although Erie is rarely the rock-bottom cheapest option for car insurance in Indiana, Erie is known for its solid customer service and strong claims satisfaction, among other advantages. Drivers can expect to pay around $1,002 per year with Erie in Indiana, depending on where you live.

6. State Farm

America’s largest insurance company has a strong presence in Indiana, insuring drivers in small towns and big cities across the state. State Farm has middle-of-the-road ratings for customer service and claims satisfaction – just like most of its other nationwide competitors. However, they’re still a good option for car insurance in Indiana – especially if you already have other insurance products with State Farm. Expect to pay around $1,092 per year.

7. Progressive

Progressive remains a competitive, well-rated option for drivers in Indiana, charging around $1,121 per year for full coverage car insurance. Progressive is well-rated across the state and remains popular in both urban and rural areas of Indiana.

8. Farmers Insurance

Farmers Insurance is a popular car insurance company throughout the state, and it’s frequently ranked among the best insurers in Indiana. Like other nationwide car insurance companies, Farmers provides average claims and customer service experiences, although their rates are competitive with some of the higher-ranked options on our list. You’ll pay around $1,201 per year for full coverage car insurance with Farmers.

9. American Family

American Family Insurance remains popular in many rural communities across the country. Like Indiana Farm Bureau, American Family has a strong presence in small towns and rural areas across Indiana. The average driver pays approximately $1,232 per year with American Family in Indiana.

10. Auto-Owners Insurance

Auto-Owners Insurance is a leading car insurance company that insures thousands of policyholders across Indiana. Auto-Owners Insurance is one of the more expensive providers on this list, although the company aims to differentiate itself from the competition by offering unique policy options and discounts. Auto-Owners charges around $1,249 per year for full coverage car insurance in Indiana.

Indiana Insurance Requirements

Indiana, like most states, requires drivers to carry car insurance to legally drive.

According to the Indiana Department of Insurance, drivers must have a car insurance policy that meets the following minimum coverage limits:

Indiana is one of several states that require drivers to have uninsured and underinsured motorist coverage. While most states require property damage liability coverage and bodily injury liability coverage, Indiana is one of the few with additional uninsured and underinsured motorist requirements.

Drivers in Indiana can decline the last two coverage requirements (uninsured motorist property damage and underinsured motorist bodily injury coverage) in writing to their insurance company. They provide an extra layer of protection in an accident with an uninsured or underinsured motorist, although they’re not technically required.

Overall, Indiana’s car insurance requirements are average compared to other states. A car insurance policy meeting the requirements above would be labeled as a 25/50/25 policy.

Driving Without Insurance in Indiana

It’s illegal to drive without car insurance in Indiana. Drivers pay steep fees depending on how many times you’ve been caught driving without insurance before. Even if it’s your first time, however, you’ll face license suspension, SR-22 certificate requirements, and $250 in reinstatement fees.

  • First Offense: $250 reinstatement fee, driver’s license suspension for 90 days, SR-22 certificate requirement for 3 years.
  • Second Offense: $500 reinstatement fee, driver’s license suspended for 1 year, registration possibly suspended for 1 year, SR-22 certificate requirement for 3 years.
  • Third Offenses and Beyond: $1,000 reinstatement fee, driver’s license suspended for 1 year, registration possibly suspended for 1 year, SR-22 certificate requirement for 3 years.

If you are caught without proof of insurance in Indiana, but you had valid coverage at the time of the incident, then you may be able to avoid the penalties above. Indiana requires drivers to prove financial responsibility through a certificate of compliance (COC). Your insurance company in Indiana must submit a COC, proving you had valid coverage.

If you do not submit the COC within 40 days of the incident, then law enforcement will assume you were driving without insurance at the time of the accident, and you’ll face the penalties listed above.

Car Insurance in Indiana with a DUI

Thousands of drivers in Indiana are convicted of driving under the influence (DUI) every year. While these drivers pay higher rates for car insurance, many drivers continue to pay affordable premiums by shopping around for cheap car insurance.

The best car insurance companies in Indiana for a driver with a DUI conviction include:

  1. USAA: $1,102 per year
  2. Travelers: $1,349 per year
  3. State Farm: $1,569 per year
  4. Progressive: $1,611 per year
  5. Farmers: $1,723 per year

Car Insurance in Indiana with At-Fault Accidents

If you cause an accident in Indiana, then you have an at-fault accident on your record. Depending on your insurer, your accident will impact premiums for 3 to 7 years. Fortunately, not all insurers treat at-fault accidents the same way, and some insurers have accident forgiveness or similar policies.

The best car insurance companies in Indiana for drivers with at-fault accidents include:

  1. USAA: $942 per year
  2. State Farm: $1,243 per year
  3. GEICO: $1,318 per year
  4. Indiana Farm Bureau: $1,411 per year
  5. Erie: $1,596 per year

Car Insurance in Indiana with Speeding Tickets

Speeding tickets impact car insurance in Indiana with most insurance companies, although many insurance companies are willing to ignore a single speeding ticket – especially if it’s minor. If you have one or more serious speeding tickets on your driving record, consider requesting a quote from the following companies:

  1. GEICO: $1,002 per year
  2. USAA: $1,012 per year
  3. State Farm: $1,042 per year
  4. Progressive: $1,121 per year
  5. Erie: $1,201 per year

Car Insurance in Indiana for Young Drivers

Drivers under 25 in Indiana pay some of the highest rates in the state for car insurance. Statistically, drivers under 25 are more likely to cause an accident and make a claim than drivers in any other age group or demographic.

Fortunately, not all car insurance companies punish young drivers in the same way. The best car insurance companies for young drivers in Indiana include:

  1. GEICO: $1,422 per year
  2. USAA: $1,519 per year
  3. Allstate: $1,624 per year
  4. State Farm: $1,702 per year
  5. Progressive: $2,014 per year

Car Insurance in Indiana with Poor Credit

Drivers in Indiana with bad credit scores pay around 40% more for car insurance than drivers with good credit scores. Statistically speaking, credit scores are linked with risk. Drivers with a bad credit score are more likely to cause an accident than drivers with a good credit score – and they’re more likely to make a claim overall.

Fortunately, some insurance companies in Indiana cater to drivers with poor credit, including:

  1. USAA: $1,320 per year
  2. GEICO: $1,399 per year
  3. State Farm: $1,421 per year
  4. Erie: $1,459 per year
  5. Indiana Farm Bureau: $1,462 per year

SR-22 and SR-50 Insurance in Indiana

Indiana requires certain drivers to obtain an SR-22 certificate of financial responsibility before reinstating their license. It also requires drivers to obtain an SR-50 form to prove current liability coverage.

If you have let car insurance lapse, or if you have one or more at-fault accidents on your record in recent years, then you could be required to obtain an SR-22 certificate of financial responsibility.

Indiana’s Bureau of Motor Vehicles (BMV) will notify you if you need an SR-22 or an SR-50 certificate. Typically, you need to provide the SR-22 certificate for 3 to 5 years, assuming you maintain a clean record.

All major insurance companies can provide an SR-22 certificate. However, if you have multiple accidents or offenses on your record, then mainstream providers may decline your policy, pushing you towards high-risk insurers. Expect to pay higher rates for SR-22 insurance, although most insurance companies can provide the certificate upon request.

Until you provide the SR-22 or SR-50 certificate of financial responsibility, your driving privileges will be suspended.

Conclusion: How to Find the Best Auto Insurance in Indiana

Indiana has below-average car insurance premiums. In fact, drivers in Indiana pay some of the cheapest average car insurance premiums in the United States.

However, rates vary widely based on your location, ZIP code, driving history, demographics, and other factors. By shopping around for car insurance in Indiana, you can ensure you pay the lowest possible rates for auto insurance anywhere in the state.