You can find cheap rates on auto insurance in Indiana, but you have to know where to look.

 

Shopping for car insurance in Indiana can feel like wading through a minefield of high rates and hazy coverage options. Some companies aren’t very clear about what they offer, while others are upfront about what you get when you buy a their policies. The good thing is that drivers in Indiana can take advantage of some of the lowest rates and cheapest auto insurance in the nation.

We’ve compared the best car insurance companies on things like price, availability, customer service, and financial strength. Our first choice for Indiana car insurance is Geico, while our runner-up picks are Erie Insurance, USAA, Country Financial, and Farmers. Read on to learn more about coverage and minimum requirements in the Hoosier State.

To collect and compare quotes from providers available in your state, use the tool below or call (855) 518-0148:

 
 

In this article:

Best Car Insurance In Indiana

To find the best car insurance in Indiana, we sorted through our top providers list and re-examined these companies in light of Indiana laws. We also considered Indiana driver satisfaction scores according the to J.D. Power 2020 U.S. Auto Insurance Satisfaction StudySM. Finally, we reviewed average rates for Indiana drivers to determine which company offers the lowest auto insurance rates in Indiana. Here is what we found.

 

Best Indiana Car Insurance Motor1 Rating Customer Service Grade Affordability Coverage

1. Geico Car Insurance

4.5

4.0

4.0

4.0
2. Erie Car Insurance

4.0

4.5

4.5 4.0
3. USAA Auto Insurance

5.0

5.0

4.5 4.5
4. Country Financial Auto Insurance

4.0

4.0

3.5 4.0
5. Farmers Insurance

4.0

3.5

3.0 4.0
 

*You may notice that some car insurance companies are listed above those with higher star ratings. This is because our ratings take into account nationwide factors, while our ranking for this article looks specifically at what insurance providers are best for auto insurance in Indiana.

 


 

Geico Insurance logo

#1 Geico: First Choice For Indiana Car Insurance

We think Geico car insurance is the best choice overall for Indiana car insurance. With Geico, many people find rates that are below the state average, plus the company offers a good number of perks and car insurance discounts.

Geico stands for Government Employees Insurance Company. While Geico insures more than just government workers today, the company still gives a discount to federal employees. Geico has the highest financial rating from AM Best, which means the company can manage its assets and can easily handle claims. Geico also has an A+ rating from the Better Business Bureau (BBB).

Speaking of claims, Geico scored 879 out of a possible 1,000 points in the J.D. Power 2020 U.S. Auto Insurance Satisfaction StudySM for the North Central region (which includes Illinois, Indiana, Michigan, Ohio, and Wisconsin). This score put Geico at No. 1 for the region, well above the regional average score of 830.

If you’ve just purchased a new car, you can take advantage of Geico’s mechanical breakdown insurance when you purchase car insurance in Indiana. This program is similar to an extended car warranty, and it covers the failure of mechanical parts in your car. It doesn’t cover damage from wear and tear, and it doesn’t cover routine maintenance or tune-ups. You can renew this coverage annually until your car passes 7 years or 100,000 miles.

We do wish Geico offered more support for its DriveEasy app. The app offers discounts based on your driving habits, but it’s not available with Indiana car insurance just yet.

Pros Cons
A+ rating from the BBB and A++ financial strength rating from AM Best Average quotes experience
Many choices for coverage  
High level of customer satisfaction  
Available in 50 states  

To learn more about the auto insurance provider, check out our full Geico auto insurance review.

 


 

Erie Insurance logo

#2 Erie: Cheapest Car Insurance In Indiana

Across the different companies we researched, Erie Insurance had the most affordable car insurance in Indiana. Of course, every driver is unique, but you can expect to find Indiana car insurance rates from Erie that are below the state average.

Erie was founded in 1925, and it currently offers Insurance in the District of Columbia and 12 states. Erie has a financial rating of A+ from AM Best and an A+ rating from the BBB. The company really shines in its shopping experience. According to survey participants in J.D. Power’s 2020 U.S. Auto Insurance Satisfaction Study, Erie offers easy claims filing, excellent policy offerings, and a low price. Erie ranked third in the North Central region, trailing Geico by only five points.

Perks to Indiana car insurance with Erie include:

  • Pet insurance: Covers up to $500 per pet ($1,000 total for multiple pets) when an insured driver’s pet is injured in an accident
  • Auto glass repair: Waives the deductible for glass repair or replacement and includes wiper blades
  • Personal item coverage: Covers up to $350 of personal items damaged from an accident
  • Erie Auto Plus: Boosts coverage to include things like a diminishing deductible, $10,000 death benefit, extra transportation expense coverage, and increased limits for locksmith costs

Erie doesn't have a usage-based option for car insurance in Indiana, so it toes the line with Geico in this respect. The company also doesn’t have an app for customers to manage their accounts or file a claim. Indiana allows drivers to display a digital ID card when asked to show proof of insurance, but if you have Erie, you'll have to download an image or PDF of your card instead of relying on an app.

Erie does have an app called YourTurn, which rewards drivers for being safe on the road. However, it gives rewards in the form of gift cards, Visa prepaid cards, and charity donations. Anyone with a smartphone can use the app to track and improve their driving habits – it’s not exclusive to Erie customers.

Pros Cons
A+ rating from the BBB and A+ rating in financial strength from AM Best Mixed customer service reviews during claims process
High customer satisfaction  
Comprehensive coverage options  
Variety of auto insurance discounts  

To learn more about the auto insurance provider, check out our review of Erie car insurance.

 


 

USAA Insurance logo

#3 USAA: Best For Military

USAA auto insurance is only available to military members and their families, so a USAA policy is not an option for everyone. Those who are eligible should consider this provider because of its low cost, high customer satisfaction, and comprehensive coverage options. We think USAA is an excellent choice for drivers in most states, and one of our top choices for car insurance in Indiana.

In the J.D. Power 2020 U.S. Auto Insurance Satisfaction Study, USAA scored a total of 897 out of 1,000 points for the North Central region. This made USAA the highest-scoring provider in the area, though it was not eligible to rank because it is not available to all drivers.

USAA scores well in other rankings too. In addition to earning 5.0 out of 5.0 stars in our USAA auto insurance review, the company holds an A++ (Superior) financial strength rating from AM Best.

With USAA, Indiana drivers can find all types of coverage from minimum required coverage to comprehensive, full-coverage policies. In addition to standard auto insurance, USAA offers:

  • Guaranteed asset protection (GAP): If you finance a vehicle, this protection covers the difference between what the car is worth versus what is owed should your vehicle be declared a total loss after an accident.
  • Car replacement assistance (CRA): The biggest difference between this plan and GAP insurance is that CRA pays 20 percent more than the actual cash value of your vehicle.

Filing claims with USAA is simple using the USAA mobile app. Customers can take pictures of damages and may be able to receive claims authorization without needing to schedule an inspection. Drivers can choose their choice of mechanic for repairs.

Pros Cons
Affordable rates and numerous discounts Only available for military and their families
Good option for military members and young drivers  
Superior financial rating from AM Best  
Nationwide availability  

 


 

Country Financial Insurance logo

#4 Country Financial: Excellent Local Service In Indiana

Country Financial is a mid-sized insurance provider only available in a handful of states. One of these states is Indiana, where the company has a positive reputation for customer satisfaction. It ranked well in the North Central Region in J.D. Power's 2020 U.S. Auto Insurance Satisfaction Study, scoring 840 out of a possible 1,000 points. This put it in the top five and above the regional average of 830.

Country Financial earns high marks from us too. We rated the company 4.0 out of 5.0 stars in our Country Financial auto insurance review. While it is not accredited by the BBB, Country Financial holds an A+ rating.

Indiana drivers are able to purchase minimum or full-coverage policies, including:

  • Standard coverage
  • Safety glass coverage
  • Personal effects coverage
  • Umbrella insurance policies

For car insurance in Indiana, Country Financial may offer the cheapest options for drivers eligible for a wide range of potential discounts, such as:

  • Advance quote discount: Up to 12 percent off when you get a quote while your policy is still active
  • Good driver discount: Up to 26 percent off for safe drivers with no accidents or tickets in the last three years
  • Simply Drive discount: A safety course for young drivers that provides up to 10 percent off
  • Engaged couple discount: Up to 24 percent off for couples engaged to be married within one year
  • Legacy discount: Up to 25 percent off for children under 25 if parents qualify for a multi-car and multi-policy discount
  • Occupation discount: Up to 10 percent off for K-12 teachers, firefighters, police officers, EMTs, and paramedics
Pros Cons

Several coverage options and discounts

May not offer cheapest coverage options for everyone

Positive customer services reviews from drivers in Indiana

 

A+ rating from the BBB

 

 


 

Farmers Insurance logo

#5 Farmers: Good For Seniors

Farmers ranked well in our Farmers insurance review because of its strong customer service reputation, high number of discount opportunities, and comprehensive coverage options. Farmers is also rated highly by the BBB, where it holds an A+ rating due to its established reputation, transparency, and dedication to addressing customer concerns.

In addition to offering standard coverage options like liability and comprehensive insurance for Indiana drivers, Farmers also sells:

  • New car replacement
  • Accident forgiveness insurance
  • Custom equipment protection
  • Original equipment manufacturer (OEM) parts
  • Loss of use coverage
  • Guaranteed Value™
  • Towing and roadside service
  • Rideshare coverage
  • Personal umbrella insurance
  • Glass and windshield coverage

Farmers policies are made more affordable by a number of discount opportunities, including savings for good drivers, homeowners, good students, certain occupations, and those with vehicle safety features. We think that Farmers is an especially good choice for car insurance in Indiana for older drivers, who may be able to find the cheapest coverage with this provider.

Pros Cons

Good selection of coverage add-ons

Customer complaints about high premiums, roadside assistance availability, and rental car options

Discount opportunities for good drivers

Average customer service

A (Excellent) financial strength rating from AM Best

 

Highly-rated apps

 

 


 

Receive free, personalized quotes for Indiana car insurance by entering your zip code below or calling (855) 518-0148.

 

 


 

Indiana Car Insurance Requirements

Indiana requires car insurance minimums that are similar to many other states. In Indiana, your policy has to cover liability insurance in the amounts of 25/50/25. Here's what that looks like:

  • Bodily injury per person: $25,000
  • Bodily injury per accident: $50,000
  • Property damage: $25,000

Bodily injury liability covers medical bills, lost wages, and death benefits for other people in accidents that you cause. Property damage covers repairs to other people’s vehicles and property in accidents that you cause.

This coverage is required under Indiana’s financial responsibility laws. All states have some form of these laws to protect accident victims. These exact coverage minimums are shared by many other states, but remember that they are meant to be a safety net. State required insurance doesn’t usually protect drivers from catastrophic or multi-car accidents.

Indiana also requires insurance carriers to include underinsured and uninsured motorist coverage on new policies unless the coverage is rejected in writing. You do have an alternative to purchasing car insurance in Indiana. Instead of insurance, you can post a bond or deposit cash with the Bureau of Motor Vehicles in the amount of $40,000. However, if you don’t have $40,000 lying around, we’d suggest you purchase an Indiana car insurance policy.

 


 

Indiana Driver Statistics

Total Licensed Drivers

3,976,241

Vehicle Miles per Licensed Driver

17,821

National Vehicle Miles per Licensed Driver

14,425

Total Collisions

217,077

Property Damage Only

183,905

Non-Fatal Injury

32,383

Fatal Collisions

789

Auto Fatality Rate

1.05 deaths per 100 million miles

National Auto Fatality Rate

1.13 deaths per 100 million miles

 
*Driver statistics are from the U.S. Department of Transportation Federal Highway Administration. Crash statistics are from the Indiana University Public Policy Institute and the Insurance Institute for Highway Safety.
As you can see, drivers in Indiana drive a few more miles per year than the national average. On the other hand, the state’s car accident fatality rate is slightly less than the national average,  which is 1.13 deaths per 100 million miles. The state’s fatality rate decreased in 2018, but it had been on the rise from 2009 all the way through 2017.
 

 

What Is The Average Cost Of Car Insurance In Indiana?

Even with a high number of miles per driver, car insurance in Indiana is still affordable when compared to other states. According to the National Association of Insurance Commissioners, the national average car insurance expenditure was $1,004.68 per year in 2017. Drivers in Indiana only paid an average of $744.39, making it the ninth cheapest state for car insurance in the U.S. That's a significant amount of savings.

Type of Coverage Average Annual Expenditure in 2017
Liability coverage $432.08
Collision coverage $277.65
Comprehensive coverage $130.71
Total cost $744.39

*To calculate average expenditures, NAIC assumed that all insured vehicles would carry liability coverage but not necessarily collision or comprehensive. Total cost per year measures what consumers actually spent.

Keep in mind that not all drivers purchased the same types of Indiana car insurance, and some purchased more than the state minimum.

What Affects Indiana Car Insurance Rates?

So what makes you a prime insurance candidate? Well, car insurance quotes are tailored to you. If you have the following qualities, you should find the best rates on Indiana car insurance:

  • You are between the ages of 30 and 65.
  • If you have a new car, it is a van or family-oriented SUV.
  • You have good credit.
  • You have a clean driving record with no recent claims.
  • You live in a suburban zip code.
  • You put fewer miles on your car than the state average.

Some of these things are easier to control than others, and some are impossible to control. You can work on your credit, but you can’t pick your age. To find the best Indiana auto insurance rates, you should get quotes from at least three different providers. You should also reassess your situation when it is time to renew your policy and shop around at those times as well. 

Even if you've been with the same company for a long time, don’t assume that you have the best rates. You can always shop around for car insurance without letting your agent know about it. Also, telling your agent you are considering swapping providers might prompt them to see if they can get you a lower quote.

 

 


 

Can You Drive Without Car Insurance In Indiana?

Almost one in five drivers in Indiana goes without car insurance, according to the Insurance Information Institute. That means if you get hit by another driver, there's a good chance that you will have to cover the damages with your own insurance. That’s why many drivers purchase uninsured motorist coverage.

Some people choose to drive without insurance in spite of the penalties. Indiana law can require uninsured drivers to pay hefty fines if they are caught. Uninsured drivers can also have their licenses suspended for three to twelve months, so we recommend purchasing an Indiana car insurance policy.

 


 

How Much Is SR-22 Insurance In Indiana?

SR-22 insurance rates are more expensive than regular rates. The exact amount varies depending on why you need an SR-22, but you can expect to pay around $300 to $600 more per year for Indiana car insurance if you’ve filed an SR-22.

It's not the SR-22 that is expensive – it's the violation that necessitated the SR-22. In Indiana, you can be required to file an SR-22 form if your license is suspended for convictions like reckless driving, a DUI, or a hit and run. Filing the form costs around $25, but the violation will make your rates go up.

 


 

What Is The Indiana Car Insurance Plan?

Sometimes, it can be hard to find car insurance coverage. This might be the case if you’ve had a recent DUI or if you've had a number of recent claims. Insurance companies are allowed to deny coverage to people who don’t meet their criteria. These denied drivers then become part of an assigned risk pool.

Under the Indiana Auto Insurance Plan, insurance companies are required to cover a number of drivers in the assigned risk pool proportionate to their size. For example, Geico would cover more drivers in the assigned risk pool than Erie because it has more customers in Indiana.

Even though each state has its own assigned risk insurance plan, eligibility requirements can vary between states. In Indiana, you have to certify that at least three insurance companies have turned you down in the last 60 days. The easiest way to apply for the Indiana car insurance plan is to use an insurance agent. Any agent in the state can help you fill out an application for the program.

 


 

Final Thoughts On Car Insurance In Indiana

Ultimately, the provider you select should be the one that’s best for your individual needs. Though our top recommendations for car insurance in Indiana are Geico, Erie, USAA, Country Financial, and Farmers, we recommend getting car insurance quotes from several different companies.

  Geico Car Insurance Erie Car Insurance USAA Car Insurance Country Financial Auto Insurance Farmers Auto Insurance

Our Rating

4.5

4.0

5.0

4.0

4.0

AM Best Financial Strength Rating

A++

A+

A++

A+

A

J.D. Power 2020 U.S. Auto Insurance Satisfaction Study (North Central Region)

851 / 1,000

846 / 1,000

897 / 1,000

840 / 1,000

831 / 1,000

Affordability in Indiana

4.5

5.0

4.5

3.5

3.0

Rideshare Coverage

Yes

Yes

Yes

Yes

Yes

Roadside Assistance

Yes

Yes

Yes

Yes

Yes

Mobile App to Manage Account

Yes

No

Yes

Yes

Yes

Military Discount

15% off at all times, 25% off during emergency deployment

No

15% for drivers who regularly park their vehicles on military bases

No

No

 

If you are ready to start comparing car insurance quotes, enter your zip code in the tool below or call (855) 518-0148 to collect and compare car insurance quotes from providers available in your state:

 

 

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